Ownership structure

From October 1, 2015 the Company’s share capital amounts to RUB 6,961,200.2525 and is formed of 2,574,914,954 ordinary shares and 209,565,147 preference shares with nominal value of RUB 0.0025 each.

Holders of 2% and more of the Companys share capital or ordinary (voting) shares (incl. holders registered through nominees, if the Company has information about them) as of July 31, 2018:


Share capital

Ordinary Shares

Preference Shares

Free float38.98%36.52%69.21%
Shareholders

Russian Federation represented by Federal Agency for State Property Management

45.04% 48.71% 0.00%

Vnesheconombank1

3.96% 4.29% 0.00%

Mobitel

12.01% 10.49% 30.79%

1 A portion of shares is deposited with a nominee

Nominees

National Settlement Depository

35.21% 33.80% 52.53%

The Company is not aware of any other holders of 5% and more of the Companys share capital or ordinary (voting) shares besides the holders mentioned in the table above.

Structure of shareholders (excl. holders registered through nominees) as ofJuly 31, 2018:


Share capital

Ordinary Shares

Preference Shares

Legal entities. including:

93.90% 94.76% 83.40%

Nominees

35.35% 33.95% 52.55%

Residents of Russia

58.52% 60.77% 30.82%

Non-residents of Russia

0.03% 0.03% 0.03%

Individuals. including:

6.10% 5.24% 16.61%

Residents of Russia

6.09% 5.23% 16.67%

Non-residents of Russia

0.02% 0.02% 0.05%

Number of shareholders of record (excl. holders registered through nominees) as ofJuly 31, 2018:

Legal entities, including:

697

Nominees

31

Residents of Russia

566

Non-residents of Russia

10

Individuals, including:

152,913

Residents of Russia

152,667

Non-residents of Russia

246

Total shareholders of record

153,610