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Investor Presentaiton

LDP MARKET OVERVIEW LDP PRODUCTION IN RUSSIA 2017-2020 (shipments, kt) 2,975 RENOVATION AND REPAIR VOLUMES IN RUSSIA CHELPIPE GROUP 2017-2020 (kt) 1,419 2,850 2,685 1,182 1,149 381 760 861 878 324 1,077 1,846 207 391 359 225 229 212 445 187 2,090 2,113 238 146 1,607 169 1,487 392 385 400 297 2017 2018 2019 2020 Shipments to Russia Export 2017 ■Gazprom 2018 ■Trans neft 2019 ■IOC & Other Energy 2020 ■Industrial LDP segment is expected to recover in 2021 on both domestic and external markets. A number of projects have already been confirmed and tender procedures were launched. The key near term projects include: - North-South (Pakistan) - a natural gas pipeline running across Pakistan (1,100 km) – TAPI – natural gas pipeline in Turkmenistan through Afghanistan into Pakistan and then to India (1,600 km) -East African Crude Oil Pipe Line (EACOP) - crude oil export pipeline from Uganda to Tanzania (1,445 km) On top of the major trunk pipeline projects, domestic demand for LDP is driven by the on-going pipeline modernization programme of Gazprom and Transneft: - In 2020, Gazprom completed its tender for 1.3 mn tonnes of LDP. Shipments will start in 2021 - There is a stable demand from Transneft for around 200-300 kt of LDP Oil companies and other energy companies have a stable recurring demand for LDP of c.100-200 kt p.a. Companies in the industrial sector are expected to resume projects delayed during the pandemic Source: Fastmarkets MB, Company data. 12
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