Investor Presentaiton

Corporate debt and project financing dynamics Net corporate debt dynamics (RUB bln) Net debt (✗) Net debt/EBITDA YY (estimation) 77 83 67 13 -105 -229 Net corporate debt dynamics incl. project financing (RUB bln) Net debt (✗) Net debt/EBITDA YY (estimation.) 53 27 -14 -129 -272 -330 1,6x 2022 0,8x 0,4x 0,05x -0,4x -1,1x 0,6x -0,5x -0,1x -0,5× 2023 2024 2025 2026 2027 2022 2023 2024 2025 -1,0x 2026 -1,6x 2027 Escrow balances Project financing debt 369 252 339 201 2022 2023 Source: Financial model of the Group 713 633 878 847 736 680 577 477 15 2024 2025 2026 2027 samolet

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