Investor Presentaiton

Business climate improvement to accelerate growth potential Global Innovation Index 2021: Index evolution, comparison with peers and main rating pillars +22 p. 71 63 64 50 50 47 49 43 45 Ukraine's selected pillars in 2021 global ranking Institutions Infrastructure 91 2013 2014 2015 2016 2017 2018 Regional peers Rating peers 2019 2020 118 2021 (+2 p. vs the previous report) 94 (+0p. vs the previous report) 112 94 64 49 48 41 35 34 40 UKR MDL ROM TUR BGR HUN POL GHA NGA EGY Business 53 sophistication 88 (+1 p. vs the previous report) Market sophistication (+11 p. vs the previous report) Business expectations index by the NBU 140% As of Q4 2021, retail and manufacturing have the highest expectations regarding future economic activity, while construction and agriculture sectors have drastically deteriorated expectations 130% 120% 120% 110% 100% 90% 80% Q1' 19 Q2' 19 Total Q3' 19 Source NBU February 2022 Q4' 19 Agriculture 111% 91% 114% 112% >100% positive expectations 100% Q1' 20 Q2' 20 Q3' 20 Q4' 20 Q1'21 Q2' 21 - Construction - Retail Q3' 21 • Manufacturing Q4' 21 ERME 20 29

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