3Q 2021 Financial Overview

3Q 2021 29% Money Market Trading volumes Trading volumes of repo with CCP RUSFAR rate¹, % Repo with the CBR RUB trn RUB trn, % Deposit and credit Single-security repo with CCP operations Inter-dealer repo GCC repo with CCP Repo with the Federal Treasury 6.3 4.8 4.2 4.2 4.2 +17.5% Share of repo with CCP (both single-security and GCC) in total² repo volumes Repo with CCP trading volumes, RUB trin 84% 88% 90% 94% 73% 76% 318.9 62% 259.4 256.1 255.2 231.5 30% 176.2 131.3 111.8 117.1 116.1 10% 10% 4% 11% 7% 93.6 14% 5% 13% 9% 3% 8% 4% -0% 0% 12%. 7% -0% 4% 5% 0% -0% 58% 55% 55% 66.7 58% 59% 25.0 19% 3Q 2020 20% 3.7 20% 16% 17% 4Q 2020 1Q 2021 2Q 2021 3Q 2021 2013 2014 2015 2016 2017 2018 2019 2020 9M'21 Fee & commission income RUB mln +33.6% 2,894 3,044 2,579 2,279 2,388 Comments F&C income increased by 33.6% YoY, while trading volumes improved by 17.5% YoY. The discrepancy between the YoY dynamics of F&C income and volumes was due to: [1] an expansion of average repo terms, [2] a higher share of CCP repo in total volumes. Overall on-exchange average repo terms improved by 14%, while GCC repo average terms expanded by 35%. The share of CCP repo in total² repo volumes stood at 94% for 9M'21. 3Q 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 ☑ MOSCOW EXCHANGE 1 Source: Moscow Exchange Overnight rate, average for the period 2 Excluding Non-CCP repo volumes with the CBR and the Federal Treasury 47

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