3Q 2021 Financial Overview

9% 3Q 2021 FX Market Trading volumes Volatility USD/RUB,%¹ Spot trading volumes Spot Swap RUB trn 2.9 RUB trn Swap trading volumes RUB trn 2.4 2.2 1.3 0.8 -13.9% -8.1% 22.7 61.7 20.9 53.1 -12.3% 84.4 88.5 78.7 85.9 74.0 27% 32% 27% 33% 28% 73% 68% 67% 73% 72% 3Q 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 3Q 2020 3Q 2021 3Q 2020 3Q 2021 Fee & commission income RUB mln -10.2% 1,143 1,050 1,073 1,021 943 3Q 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 ☑ MOSCOW EXCHANGE Source: Moscow Exchange, CBR 1 2 Comments " ☐ ◉ ■ Fee income was down 10.2% YoY on the back of a corresponding decrease in trading volumes of 12.3% YoY. Spot volumes decreased by 8.1% YoY. Swap and forward volumes declined 13.9% YoY, contributing to a more profitable volumes mix. Retail accounted for 12% of spot market volumes in 3Q'21 (13% in 3Q'20) with the number of active retail clients up nearly 2.5x to 1,053,000². ADTV of corporates increased 2.4x YoY in 3Q'21. Corporates accounted for 2.8% of spot market volumes in Sep'21. ◉ MOEX's market share vs onshore OTC was 40% in 3Q'21. ■ 276 banks and brokers as well as 396,720 retail clients traded during the morning trading session. Morning trading session accounted for 10% of spot trading volumes and 6% of overall FX trading volumes in Sep'21. 53 Calculated as daily standard deviation for the period divided by the average value for the period As of September 2021

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