1 Source: Russian Automotive Market Research.

2 0% Customs Duties OEM Localization Level – 30% Production Capacity – per year CKD Assembly, welding, painting

3 Source: Ministry of Industry and Trade of Russia.

4 )

5 Source: Russian Automotive Market Research. New agreements have been signed: Sollers-Ford, vehicles, $1.2 billion of investment Volkswagen, vehicles, $ 0.9 billion of investment GM, vehicles,$1 billion of investment "AvtoVAZ"-Renault-Nissan-IzhAvto -KAMAZ –Mercedes, > vehicles, $2 billion of investment Fiat, production capacity units.

6 Passenger cars and light commercial vehicles segment will develop in partnership with foreign OEMs. Source: Ministry of Industry and Trade of Russia.

7 Source: Russian Automotive Market Research. Others Scrappege scheme results: cars, 30 bln RUB

8 Source: Russian Automotive Market Research. Customs duties reduction for cars From 30 to 25% when Russia will become WTO member (1 year) 24% -2 year 23%-3 year 21% -4 year 19%-5 year 17% - 6 year 15%-7 year

9 Source: Russian Automotive Market Research. Customs duties for new cars – 30% Localisation requirements can be set by each country Cars produed in Russian can be delivered to Belorussia, Kazakhstan without customs duties SEZ in Russia: - body welding and painting in SEZ - full exemption from import duties and taxes for raw materials, components, equipment - period of benefits is 20 years.

10 Source: Russian Automotive Market Research. Kazakhstan new cars and LCVs 2010 – new cars and LCVs 2011 – new cars and LCVs Belorussia new cars and LCVs new cars and LCVs new cars and LCVs new cars and LCVs

11 Source: Russian Automotive Market Research. EUR 4 for new imported cars since 2010 EUR 4 for new model of domestic cars since 2010 EUR 4 for all domestic cars since 2012 ? EUR 5 for foreign and domestic cars since 2014 ?

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