1Q 2018 Business Overview

History of MOEX 1992 Moscow Interbank Currency Exchange 1997 National Settlement Depository (NSD) established 2006 National Clearing Centre (NCC) established 2012 Launch of Central Securities Depository (CSD) (MICEX) established Currency Government securities →→REPO → Corporate securities Derivatives ☑ 1995 Russian Trading System (RTS) 1997 MICEX Index launched 2011 Merger of MICEX and RTS established - - Moscow Exchange (MOEX) established ✓ SS $ ☑ MOSCOW EXCHANGE Operates in one of the worlds' largest economies and covers all major asset classes Uniquely diversified and vertically-integrated business model Resilient in alternating macro conditions, features low- cost product scalability ୪୧ % 2013 The Central Bank of Russia becomes mega-regulator of financial markets Commodities 2013 IPO of Moscow Exchange (MOEX) 2013 & onwards Persistent development of financial infrastructure Commitment to transparency and high standards of corporate governance Established track record of solid financial performance and attractive dividend policy Successfully implemented infrastructure and regulatory reforms put MOEX on par with global peers 2

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