Etalon Group - Expanding Portfolio for Robust Growth

El Grou Operations in Moscow* Set to Repeat the Success of St Peterburg's Business* Projects in St. Petersburg Metropolitan Area 6 12 D 8 2 10 4 9 3 7 13 Projects in Moscow Metropolitan Area 1 3 2 Completed # Under construction (1) Design stage (1) Newly acquired projects In the course of DD and negotiations * Moscow metropolitan and St Petersburg metropolitan areas respectively (1) Project numbers in square correspond to the projects in the table on previous page ✓ Etalon Group 47

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