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Investor Presentaiton

Switching focus to UAH-denominated issuances on domestic market • UAH-denominated issuances grew at Domestic government bonds placements by currency Funds remitted to State Budget UAHbn 98% CAGR over 2017-2020 After major 3.4x 2019 y-o-y volume increase, 2020 saw further growth of 13% y-o-y in UAH- US$bn denominated securities YTD 2021 kept the positive growth tendency with a major increase of 62% y-o-y for UAH- EURbn denominated issuances In line with MTDS objectives, FX- denominated issuances are kept relatively stable 65.1 32.8 UAH-denominated issuances 258.8 227.6 4.3 3.9 3.5 1.8 158.1 US$-denominated issuances 1.7 EUR-denominated issuances 0.8 0.5 0.4 0.4 0.1 2017 2018 Share of UAH-denominated debt in total state debt 34.4% 33.4% 1 2019 2020 YTD 2021 41.0% 38.2% 38.9% Dec 31, 2017 Dec 31, 2018 Dec 31, 2019 Dec 31, 2020 Apr 30, 2021 Notes Source Ministry of Finance 1 As of June 29, 2021 June 2021 BA 18
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