Investor Presentaiton

Solid economic recovery track (1/3) 2018 nominal GDP: US$ 131bn GDP per capita dynamics, US$ US$ 2,125 2015 +3% 2016 US$ 2,188 +21% Comments Ukraine's real GDP is growing for fourteen consecutive quarters in a row Real GDP growth accelerated further to 4.6% (y-o-y) in Q2 2019 compared to 3.8% in Q2 2018 and 2.7% in Q2 2017 In 2018 Ukraine witnessed a 7.8% real growth in agriculture, 8.5% ― in construction, and 1.6% increase in industrial production. In 7m 2019 the positive trend continued with construction, agriculture and industrial output growing by 21.8%, 12.0% and 0.4%, respectively Strong consumer demand remains the key driver of real growth dynamics followed by the accelerated investments Private consumption contribution to real GDP growth accounted for 8.0% in Q1 2019, whereas positive contribution of fixed capital accumulation totaled 2.5% Key economic sectors output growth (y-o-y)¹, % Real GDP growth (y-o-y), % 4.6% 3.3% 2.4% 2.5% 2.5% (6.6%) 2014 (9.8%) 2015 2016 2017 2018 Q1 '19 Q2 '19 Source State Statistics Service of Ukraine Component contribution into real GDP growth, % 6.3% 5.9% 2.8% 1.8% 2.5% 2.3% 8.0% 2.5% 50% 40% 30% 20% US$ 2017 10% 2,640 0% (10%) +17% Agriculture Construction (20%) 2018 US$ 3,093 Jan Jan-Mar Jan-May Jan-Jul Jan-Sep Jan-Nov Jan Jan-Mar Jan-Mar Jan-Jul Jan-May Jan-Sep Jan-Nov Jan-May Jan-Jul 2016 2017 2018 September 2019 Source State Statistics Service of Ukraine 21.8% 12.0% (1.3%) 0.4% -Industrial production Jan-Sep Jan-Nov Jan Jan-Mar Jan-May Jan-Jul 2019 (14.0%) 2015 2016 Private consumption ■Gross fixed capital accumulation 2017 2018 Q1 2019 Note 1 To the corresponding period of the previous year on a cumulative basis Source State Statistics Service of Ukraine 5

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