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Investor Presentaiton

US$ 20.5bn of borrowings are envisaged per revised 2020 budget During YTD 2020, the following financing sources have been tapped: EUR 1.25bn 2030 Eurobond issuance 0 UAH 157bn (equiv. of US$ 6.0bn) raised on domestic market o/w UAH 94.9bn in UAH-denominated bonds and Ukraine's revised 2020 gross financing needs Ukraine's 2020 Gross financing needs split by funding sources, UAH bn Initial 2020 Budget¹ Domestic debt service External debt service (250.7) (172.9) Other³ 1.2 Primary balance 45.2 Gross financing needs (377.2) US$ 2.3bn in FX Retained cash position 4.7 denominated domestic bonds US$ 150m was approved by the WB to support Ukraine Social Safety Net System to combat Covid-19 consequences and Domestic and external financing Privatization proceeds 12.0 on May 28, 2020, Notes US$ 50m was already disbursed 1 Figures based on 2020 state budget law as of February 2020 2 Figures based on 2020 revised state budget law as of April 2020 3 July 2020 360.5 April 2020 Revised Budget² (307.1) 0.5 (183.7) Other includes financing for active operations, i.e. changes in the volume of deposits and securities used to manage liquidity, changes in the volume of budget funds Source Ministry of Finance (129.7) (620.5) 4.7 615.3 BA 11
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