Investor Presentaiton

En+ GROUP APPENDICES ABOUT THE REPORT En+ Group Annual Report 2021 STRATEGIC REPORT CORPORATE GOVERNANCE In this annual report (the "Annual Report" or the "Report"), the terms "En+", "En+ Group", "we", the "Company" and the "Group" in various forms shall mean EN+ GROUP International public joint-stock company/EN+ GROUP IPJSC (or, where relevant, in relation to the Company prior to the Continuance (as defined in the Corporate Governance section of this Report), EN+ GROUP PLC) and its subsidiaries whose results are included in the Group's consolidated financial statements prepared in accordance with the International Financial Reporting Standards (the "IFRS"). The Annual Report outlines, inter alia, the Company's strategy, business model and corporate governance structure, as well as its internal control and risk management processes. The Group's consolidated financial statements for the year ended and as at 31 December 2021, prepared in accordance with IFRS and accompanied by a report from the Group's auditors, are included in the Report. This Report has been prepared in accordance with the following laws and regulations: Federal Law No. 39-FZ On Securities Market dated 22 April 1996 Regulations No. 714-P On Disclosing Information by Securities. Issuers dated 27 March 2020 The Code of Corporate Governance, recommended for use by joint- stock companies by the Bank of Russia Letter No. 06-52/2463 dated 10 April 2014 (the "Russian Corporate Governance Code") The Listing Rules (the "LRs") published by the UK's Financial Conduct Authority (the "FCA") in its capacity as a competent authority under the Financial Services and Markets Act 2000 (as amended) (the "FSMA") and the FCA's Disclosure Guidance and Transparency Rules (the "DTRS"). The LRs and the DTRs are hereinafter together referred to as the "Rules", unless otherwise specified Unless stated otherwise, financial results included in the Annual Report 2021 are presented and calculated based on the consolidated financial statements prepared in accordance with the IFRS. Due to rounding, some totals in the tables, charts and diagrams in this Report may not correspond with the sum of the separate figures. This Report may also contain discrepancies in the calculation of shares, percentages, and total amounts as a result of the application of different rounding methods. Data provided in the Annual Report may differ marginally from previous disclosures, also as a result of rounding. Approval of the Report This Annual Report was preliminarily approved by the Company's Board of Directors (the "Board" or the "Board of Directors") on 29 April 2022 (Minutes No. 51 dated 29 April 2022). This date is referred to below as the date of this Report. This Annual Report was approved by the general shareholders meeting of the Company on 23 June 2022 (Minutes No.3 dated 23 June 2022). DISCLAIMER The information presented in this Annual Report only reflects the Company's position during the review period from 1 January 2021 to 31 December 2021 (the "Review Period"), unless otherwise specified. Accordingly, all forward- looking statements, analyses, reviews, discussions, commentaries, and risks presented in this Annual Report (excluding this disclaimer and the Corporate Governance section, or unless otherwise specified) are based on the financial information available to the Company covering the Review Period only. This Report may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward- looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward- looking statements may, and often do, differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies. Many factors could cause the actual results of the Group to differ materially from those set forth in the forward looking statements contained herein, including, among others, macroeconomic conditions, political events, the competitive environment in which the Group operates, the impact of the COVID-19 pandemic and any other outbreaks, epidemics or pandemics, foreign exchange fluctuations and changes in financial and equity markets, as well as many other risks specifically related to the Group and its operations. Forward-looking statements speak only as of the date they are made. To the extent available, the industry, market and competitive position data contained in this Report comes from official or third-party sources. Third- party industry publications, studies and surveys generally state that the data contained therein has been obtained from sources believed to be reliable, but that there is no guarantee of the accuracy or completeness of such data. While the Company reasonably believes that each of these publications, studies and surveys has been prepared by a reputable party, neither the Company nor any of its respective directors, officers, employees, affiliates, advisors or agents, have independently verified the data contained therein. In addition, certain industry, market and competitive position data contained in this Report comes from the Company's internal research and estimates based on the knowledge and experience of the Company's management in the markets in which the Company operates. While the Company reasonably believes that such research and estimates are reasonable, they, and their underlying methodology and assumptions, have not been verified by any independent source for accuracy or completeness and are subject to change. Accordingly, reliance should not be placed on any of the industry, market or competitive position data contained in this Report. 220 FINANCIAL STATEMENTS APPENDICES 221

View entire presentation