HHR Investor Presentation Deck

Adjusted EBITDA and Adjusted Net Income in thousands of RUB Reconciliation of EBITDA and Adjusted EBITDA from net income Net income Add the effect of: Income tax expense Net interest costs Depreciation and amortization EBITDA Add the effect of: Equity-settled awards, including related social taxes Transaction costs related to business combinations Other income/(loss) not related to underlying business activities Insurance cover related to IPO Income from depository SPO-related costs Gain on disposal of subsidiary Transaction costs related to the disposal of a subsidiary Share of loss of equity-accounted investees One-off litigation settlements and legal costs Net foreign exchange gain Gain on remeasurement of previously held interest in equity accounted investees Gain on financial asset measured at fair value through profit or loss Adjusted EBITDA Adjusted EBITDA margin Reconciliation of Adjusted Net Income from net income Net income Add the effect of: Equity-settled awards, including related social taxes Transaction costs related to business combinations Insurance cover related to IPO Income from depository Gain on disposal of subsidiary Transaction costs related to the disposal of a subsidiary Share of loss of equity-accounted investees Amortization of intangible assets recognized in business combinations (Gain) / loss related to remeasurement and expiration of tax indemnification asset Tax effect on adjustments SPO-related costs One-off litigation settlements and legal costs Loss/(gain) on financial asset measured at fair value through profit or loss Net foreign exchange gain Gain on remeasurement of previously held interest in equity accounted investees Adjusted Net Income Adjusted Net Income margin hh FY 2017 462,802 820,503 635,112 560,961 2,479,378 74,851 122,907 (439,115) 17,244 2,255,265 47.7% FY 2017 462,802 74,851 122,907 (439,115) 17,244 415,787 325,269 (83,157) 896,588 18.9% FY 2018 1,032,845 509,602 553,724 586,131 2,682,302 68,776 110,043 (6,131) 2,854,990 46.7% FY2018 1,032,845 68,776 110,043 (6,131) 415,787 (83,157) 1,538,163 25.1% FY 2019 1,581,026 644,422 526,516 683,317 3,435,281 178,953 190,284 100,048 (22,095) 30,542 17,734 3,930,747 50.5% FY 2019 1,581,026 178,953 190,284 100,048 (22,095) 30,542 415,787 (83,157) 17,734 2,409,122 30.9% FY 2020 1,885,825 685,772 350,216 750,558 3,672,371 249,286 195,329 54,771 (41,617) 49,180 7,424 (83,030) 4,103,714 49.5% FY 2020 1,885,826 249,285 64,445 54,771 (41,616) 49,180 415,788 (49,709) 138,307 (150) (83,031) 2,683,097 32.4% 9M 2020 1,236,021 570,446 277,629 555,497 2,639,593 166,963 17,390 54,772 (29,140) 138,307 38,776 (84,474) 2,942,186 50.4% 9M 2020 1,236,021 166,963 17,390 54,772 (29,140) 38,776 311,840 (28,602) 138,307 8,424 (84,474) 1,830,276 31.4% 9M 2021 3,977,577 1,216,609 345,856 786,239 6,326,281 291,509 22,613 (41,955) 88,025 8,353 1,433 (223,308) (34,508) 6,438,443 56.3% 9M 2021 3,977,577 291,509 22,613 (41,955) 8,353 496,540 (82,861) 88,025 (34,508) 1,433 (223,308) 4,503,418 39.4% 39

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