Investor Presentaiton

UKR EXIM BANK Major events in 2019 (cont'd) 11 Sept 2019 14 Nov 2019 2019 The Government of Ukraine approved Strategic directions for Ukreximbank's activity in 2019-2023 The Strategic directions of activity are aimed at improving the strengths and the bank's market positions using new business opportunities and ensuring a stable level of profitability. The Bank's strategic goals and priorities for 2019-2023 are, in particular: to become a leading bank for export-import financing and corporate lending in Ukraine, in particular through retaining existing customers and attracting new clients for servicing export-import operations, as well as advisory support; ensure the Bank's activity as a leading provider of a wide range of corporate banking services for state-owned entities, large, medium and small enterprises focused on foreign economic activity, as provided in the Bank's long-term, approved and profit- oriented strategy; reduce loan portfolio in non-strategic sectors; establish stable mechanisms for funding of the Bank's operations, taking into account the current situation in the credit and money markets and the priority of reducing cost of lending and other debt instruments, offered by the Bank; examining the possibility of attracting minority investments from a strategic international financial institution. The document was developed on the basis of the Principles of Strategic Reform of the State-Controlled Banking Sector, developed by the Ministry of Finance jointly with international financial institutions and approved by the Government on 21.02.2018. Ukreximbank successfully placed new USD 100 million 9.95 per cent 10NC5 subordinated bonds. The funds raised by Ukreximbank through the issue of USD 100 million 9.95 per cent. (coupon resettable on the fifth anniversary of issuance) Loan Participation Notes, which are listed on the London Stock Exchange (LSE) and have a maturity of 10 years (10NC5 structure – callable on the fifth anniversary of issuance). J.P. Morgan and Morgan Stanley acted as a joint lead managers. The total order book for the new issue included orders from approximately 50 different investors and peaked at approximately USD 300 million. The final distribution of investors was as follows: Switzerland - 30%, the United Kingdom - 29%, the United States - 26%, other European countries - 9% and Asia - 6% in terms of geography; asset managers and funds - 61%, hedge funds - 21%, banks and private banks - 18% in terms of investor type. This transaction is the first issuance of subordinated Eurobonds by borrowers from Ukraine since 2006. 14

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