HHR Investor Presentation Deck

Adjusted EBITDA and other cash flow items Q3 2021 9M 2021 hh 1) 2) Adjusted EBITDA¹ RUB mm 56.6% 1,306 Q3 2020 50.4% 2,942 9M 2020 60.4% 2,833 Q3 2021 56.3% 6,438 9M 2021 Adjusted EBITDA Margin, % CAPEX² RUB mm 3.0% Q3 2020 Adjusted EBITDA and Adjusted EBITDA margin are non-IFRS measures. See Appendix for a reconciliation to the nearest comparable IFRS measure. 70 Capital expenditures ("CAPEX") consist of property and equipment additions, capitalized R&D and other additions of intangible assets. Excluding intangible assets identified during purchase price allocation related to Skillaz acquisition. 3.7% 213 9M 2020 As % of Revenue, % -30% 3) -10% 1.0% 49 Q3 2021 1.7% 193 9M 2021 Net Working Capital³ RUB mm (3,849) Q4 2020 32% (5,091) Q3 2021 Net Working Capital calculated as trade and other receivables plus prepaid expenses less contract liabilities less trade and other payables. Net Working Capital is a non-IFRS financial measure. See Appendix for a description of these measure and a reconciliation to the nearest IFRS measure. 26

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