1. INDUSTRIAL SPECIAL ECONOMIC ZONES IN RUSSIA STATE MANAGEMENT COMPANY «SPECIAL ECONOMIC ZONES» INDUSTRIAL SPECIAL ECONOMIC ZONES IN RUSSIA STATE MANAGEMENT COMPANY «SPECIAL ECONOMIC ZONES»

2. GEORGAPHY 2 Industrial Parks Industrial and production zones Holiday Parks Tourist and recreational zones Technoparks Technology and innovation zones Industrial parks in port areas Port zones 61435

3. SUCCESS STORY 2014, January:  370 Companies (Residents in SEZ)*  Companies from 28 countries: Germany, Turkey, USA, Japan, etc*  Over 13 billion USD of private investments*  63 foreign investors, about 4 billion USD of foreign investments (Companies established with the participation of foreign investors)* * including Companies at the stage of Agreements signing Number of investors in SEZ 3

4. RussiaSEZ Profit tax, %200-15,5* Property tax, %2.22.20 * Land Tax, %1.51.50 * Transport Tax, EUR per hp0.1 – 3.50 * Social taxes, %3030 Working staff R&D staff 3014 Land purchase price 100% market price 4 - 50% cadastral price * Depending on the types of zones SEZ BENEFITS FOR MANUFACTURING AND R&D Tax benefits Full-scale infrastructure supply SEZ Infrastructure:  Free connection to energy resources  Electricity, heating, water, gas, roads Attractive lease and buying rates:  Office space (lease)  Land plots (lease and purchase) The costs of the project realized in SEZ are in average 30% less compared to Russian general practice Comfortable Administrative Procedures Federal and Regional Government Support Tax Benefits Free Customs Zone 4

5. BENEFITS IN SPECIAL ECONOMIC ZONES Comfortable administrative procedures Сlear legislation and management (Federal Law #116) Minimized administrative barriers Single -window system Guarantees from the State Professional managing Company Triple agreement on mutual commitments between the Ministry of economic development, the Managing Company and a Resident Infrastructure supply Ready-to-use infrastructure for residents, opportunity to reduce investments on new project Free access to infrastructure and grids (no connection fees for resources granting) Reduced and incentive prices for land plots and offices lease Opportunity to buy land plots on special and incentive prices Tax benefits Special tax benefits for SEZ Residents Tax vacations for the construction period Free customs zone No import duties on equipment, components and materials imported in SEZ No VAT on equipment, components and materials imported in SEZ No export duties on finished goods (products) exported outside the Customs Union

6. HOW TO BECOME A RESIDENT STAGE 1STAGE 2STAGE 3STAGE 4 Registration of a legal entity (a company) in the Municipal region, where SEZ is located. Submission of the set of documents which are established by the Legislation of RF to SEZ JSC or directly to the Ministry of Economic Development. Consideration of the Application by the Supervisory Board of SEZ* (preparation for Expert Council examination in the Ministry of Economic Development). Signing of Agreement on activities in a SEZ, issue of a Certificate of SEZ Resident registration. * This procedure is not obligatory according the Federal Law #116, but is strongly recommended in the frame of the preparing for Expert Council examination as well as getting additional feasibility opinion from the SEZ personnel. Resident in Industrial Zone is obliged to invest not less than RUB120 millions (capital investments), including RUB 40 millions during the first 3 years of activities (Federal Law #116 on SEZ) 4 STEPS TO BECOME A RESIDENT 6

7. 7 Acting SEZRecently established SEZ SEZCurrent stageSEZCurrent stage Alabuga (Republic of Tatarstan) The infrastructure is ready-to- use (Stage 1 and 2). The Residents are acting. Titanium valley (Sverdlovsk region) The infrastructure is under construction. Stage 1 to be finished in 2015. Lipetsk (Lipetsk region) The infrastructure is ready-to- use (Stage 1 and 2). The Residents are acting. Ludinovo (Kaluga region) Established in December 2012. Design works. Stage 1 to be finished in 2015. Togliatti (Samara region) Engineering network, transport infrastructure, communal zone are to be finished by III Q 2014. (Stage 1). First Residents launch production in July 2014. Moglino (Pskov region) Established in July 2012. Design works. Stage 1 to be finished in 2015. INDUSTRIAL ZONES

8. ALABUGA SEZ, REPUBLIC OF TATARSTAN Project overview Established: 21 December, 2005 Lifecycle: 49 years Total area: 4 000 hectares Ready areas:  «Synergy» industrial Park will be launched in September 2014. The total area is 24 500 m2  «A Plus Park Alabuga» industrial park will be launched in Q4 2014. The total area is 200 000 m2 Number of Residents: 42 companies Business of Residents: :  Cars, trucks, components  Machinery, tools and instruments  Chemicals and petrochemicals  Construction and composite materials  Consumer goods  Agriculture Distance to Moscow: about 1 036 km http://www.alabuga.ru/en/ Alabuga SEZ 8

9. LIPETSK SEZ, LIPETSK REGION Project overview Established: 21 December, 2005 Lifecycle: 49 years Total area: 1 024 hectares Number of Residents: 33 companies Business of Residents: :  Metalworking and machinery  Machinery and equipment  Electrical machinery  Automotive components  Construction materials Distance to Moscow: about 450 km Lipetsk SEZ 9

10. TOGLIATTI SEZ, SAMARA REGION Project overview Established: 12 August 2010 Lifecycle: 49 years Total area: 660 hectares Number of Residents: 17 companies Business of Residents: :  Cars, trucks, components  Machinery, tools and instruments  Chemicals and petrochemicals  Metalworking and machinery  Pulp and paper industry Distance to Moscow: about 985 km http://oeztogliatti.ru/en/ Togliatti SEZ 10

11. SEZ «TITANIUM VALLEY», SVERDLOVSK REGION Project overview Established: 16 December 2010 Lifecycle: 49 years Total area: 584,4 hectares Number of Residents: 5 companies Business of Residents: :  Machinery, tools and instruments  Metalworking and machinery  Construction materials Distance to Moscow: about 1 870 km http://www.titanium-valley.com/ Titanium valley SEZ 11

12. MOGLINO SEZ, PSKOV REGION Project overview Established: 19 June 2012 Lifecycle: 49 years Total area: 215 hectares Number of Residents: 1 company Business of Residents: :  Metalworking and machinery  Consumer electronics  Construction materials  Automotive components  Power engineering Distance to Moscow: about 740 km Moglino SEZ 12

13. LYUDINOVO SEZ, KALUGA REGION Project overview Established: 28 December 2012 Lifecycle: 49 years Total area: 289 hectares Number of Residents: – 1 Business of Residents:  Machinery  Construction materials  Automotive components Distance to Moscow: about 188 km Lyudinovo SEZ 13

14. DUBNA SEZ, MOSCOW REGION Project overview Established: 21 December 2005 Lifecycle: 49 years Total area: 187,7 hectares Number of Residents: 92 companies Business of Residents: :  Nuclear physics (nanotechnology)  Bio- and medical technologies  IT (information technologies)  Complex technological systems design Distance to Moscow: about 100 km http://dubna-oez.ru/eng/ Dubna SEZ 14

15. ZELENOGRAD SEZ, MOSCOW Project overview Established: 21 December 2005 Lifecycle: 49 years Total area: 145,83 hectares Number of Residents: 35 companies Business of Residents: :  Microelectronics and optoelectronics  Nanotechnology  Bio- and medical technologies  IT (information technologies) Distance to Moscow: about 37 km Zelenograd SEZ 15

16. ST. PETERSBURG SEZ Project overview Established: 21 December 2005 Lifecycle: 49 years Total area: 129,4 hectares Number of Residents: 32 companies Business of Residents: :  Bio- and medical technologies  IT (information technologies)  Complex technological systems design  Energy efficiency Distance to Moscow: about 37 km St. Petersburg SEZ 16

17. TOMSK SEZ, TOMSK REGION Project overview Established: 21 December 2005 Lifecycle: 49 years Total area: 207 hectares Number of Residents: 60 companies Business of Residents: : IT and Electronics Nanotechnologies and New materials Biomedical technologies Energy efficiency Tomsk SEZ 17

18. INNOPOLIS SEZ, REPUBLIC OF TATARSTAN Project overview Established: 1 November 2012 Lifecycle: 49 years Total area: 294 hectares Number of Residents: - Business of Residents: : IT and Electronics Other innovative industries Distance to Moscow: about 800 km Innopolis SEZ 18

19. PORT ZONES Moscow Ulyanovsk Khabarovsk Territory Location Opportunities  Ulyanovsk-Vostochny SEZ120 hectares, Ulyanovsk region  Soviet haven SEZ 290 hectares, Khabarovsk

20. ULYANOVSK-VOSTOCHNY SEZ, ULYANOVSK REGION Project overview Established: 30 December 2009 Lifecycle: 49 years Total area: 120 hectares Number of Residents: 6 companies Business of Residents: : Maintenance, repair and operations Aircraft assembling Logistics Distance to Moscow: about 820 km SEZ «Ulyanovsk-Vostochny» 20

21. STATE MANAGEMENT COMPANY «SPECIAL ECONOMIC ZONES» IRINA SOSNOVSKAYA Head of Investor Relations Department Telephone: +7 (495) 645 27 31 isosnovskaya@russez.ru Address: 6 Tverskoy Boulevard, Moscow, 125009, Russia www.russez.ru STATE MANAGEMENT COMPANY «SPECIAL ECONOMIC ZONES» IRINA SOSNOVSKAYA Head of Investor Relations Department Telephone: +7 (495) 645 27 31 isosnovskaya@russez.ru Address: 6 Tverskoy Boulevard, Moscow, 125009, Russia www.russez.ru