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The information furnished on the following web page contains information intended only for persons not located in any jurisdiction where the distribution of such information is prohibited or restricted, including the United States, Canada, Australia and Japan. This information is not to be furnished or made available to any person in the United States, Canada, Australia or Japan or to any person to whom it is unlawful to furnish or make available such information.

The information furnished on the following web page is only addressed to and is only directed at persons in member states of the European Economic Area (the “EEA”) who are “qualified investors” within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (as amended, the “Prospectus Regulation”) or persons in the United Kingdom who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation  as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (together, “Qualified Investors”). In the United Kingdom, this information is only addressed to and is only directed at, Qualified Investors who (i) have professional experience in matters relating to investments falling within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “FPO”) or (ii) who fall within Article 49(2)(a) to (e) of the FPO (all such persons being together referred to as “Relevant Persons”). The information furnished on the following web page must not be acted on or relied upon (a) in the United Kingdom, by persons who are not Relevant Persons, and (b) in any member state of the EEA, by persons who are not Qualified Investors. Any investment or investment activity to which this information relates is available only to (i) in the United Kingdom, Relevant Persons and (ii) in any member state of the EEA, Qualified Investors, and will be engaged in only with such persons.

The information on the following web page does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of any securities of Segezha Group JSC (the “Company”) in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. The information on the following web page does not constitute or form part of any offer for sale or subscription of or solicitation of any offer to buy or subscribe for any securities in the United States or any other jurisdiction, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Under the U.S. Securities Act of 1933, as amended, securities may not be offered or sold in the United States absent registration or an exemption from registration. Neither Sistema PJSFC nor the Company intends to register any portion of any securities in the United States or to conduct a public offering of any securities in the United States.

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The information is current only as of its date and shall not, under any circumstances, create any implication that the information contained therein is correct as of any time subsequent to the date thereof. This document may be updated from time to time and there is no undertaking by the Company or Sistema PJSFC to post any such amendments or supplements on this website.

Neither the Company nor Sistema PJSFC, nor any of their respective agents, employees or advisors accept any responsibility for any contravention of applicable securities laws and regulations by individuals as a result of false information provided by such individuals.

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