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Investor Presentaiton

June 2021 Accumulated economic buffer to curb Covid-19 crisis (2/2) Comments The key contributors to industrial output increase in April 2021 are production of furniture (+15.7%), production of chemicals (+9.7%), and textile (+8.5%) Gross fixed capital went down by 7.8% in Q1 2021 on the back of the economic disruption caused by Covid-19 Despite 38.2% capital investments decline in 2020, the consistent growth in the previous periods (15%+ y-o-y in 2016-2019) is expected to solidify Ukraine's prospects for quick economic recovery post Covid-19 outbreak . Industry has been the major contributor to capital investments in 2020 accounting for c.37% followed by construction and agriculture with 9% shares both Gross fixed capital accumulation, % (y-o-y)1 40% 27% 30% 20% 21% 22% 18% 13% 10% 5% 0% (10%) (20%) (30%) 15% 17% 7% 19% 13% التابلات TIP (23)% (8)% (27)% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 '16 '16 '16 '16 '17 '17 '17 '17 '18 '18 '18 '18 '19 '19 '19 '19 '20 '20 '20 '20'21 Capital investments split by sector for in 2020, % Source State Statistics Service of Ukraine Capital investments dynamics UAH bn 326 413 526 584 420 ■Industry 19% ■Construction 22.1% 18.0% 16.4% 15.5% 37% ■Agriculture 13% US$ 15.6bn ■Trade 23 19 16 16 Transport 13 6% 7% 9% State administration and security (38.2%) 9% Other 2016 2017 2018 Source State Statistics Service of Ukraine 2019 Real growth, % 2020 BA Capital investments, US$ bn Source State Statistics Service of Ukraine Note 1 To the corresponding period of the previous year on a cumulative basis 6
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