Investor Presentaiton

How do you feel about the direction of the policy of RA on Nagorno- Karabakh during the past six months? 100% 90% 80% 70% 60% 50% 45% 40% 32% 30% 20% 18% 10% 0% 6% May-2019* Neither 69% 18% 10% 4% Mar-2023 -Improved -Regressed Don't know/ Refused * For this survey, the question was, 'How do you feel about the direction of the Policy of RA on Nagorno-Karabakh issue during the past six months?' ** Improved is the sum of "improved a lot" and "somewhat improved" responses. Regressed is the sum of "regressed a lot" and "somewhat regressed" responses. 40

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