1. PRODUCTION OF BROILER HATCHING EGGS INVESTMENT PROJECT Incor, OOO Meshchovsk District

2. 2 GOALS AND ADVANTAGES OF THE PROJECT PURPOSES COMPETITIVE POSITION Broiler crosses COBB 500-700 Automated equipment Economically advantageous location of the production Absence of concurrence in Russia CREATIONINCREASEDECREASE of the domestic market of hatching eggs of the production of poultry of the flow of import hatching eggs SUBSTITUTION of import products by domestically produced ones

3. 3 PROJECT DESCRIPTION INDUSTRIAL COMPLEX CONSTRUCTION CONSTRUCTION PERIOD Site for stockkeeping Central egg- handling plant Slaughterhouse, pit Logistics centre Commencement of construction The 1 st phase of the construction, ACW of the 2 nd and the 3 rd order Market launch, launch of the 2 nd and 3 rd order Terms of project realization, years 2015201620173

4. 4 PROJECT FINANCIAL SUMMARY Volume of investment, million RUB Planned capacity, million items per a year Total revenue, million RUB Operating expenses, million RUB 6 85111021 52310 960 Pretax profit, million RUB Profit margin, % Pay-off period from the date of its launch, years Full cost recovery of the project, year 10 5634942024

5. 5 EXPENSES, THOUSAND RUB Feed additives Veterinary preparations Young breeders 563 59824 342233 853 Materials, packages 68 394 Electricity, gas, water Payroll with extra charge Selling expenses 105 20480 08410 943 Executive expenses 34 085 SUM TOTAL 1 120 503 THOUSAND RUB

6. 6 ASSORTMENT AND PRICE POLICY Hatching egg Commercial egg Powdered eggs Poultry (carcase, 1/2 carcase) Dates of product realization, daysSale price of production 7 21 180 25 RUB per an item 4 RUB per an item 120 RUB per a kg 99 RUB per a kg Poultry (filet) 180 150 RUB per a kg

7. 7 SALES PLAN Hatching egg, thousand items Commercial egg, thousand items Poultry (carcase, 1 / 2 carcase), t 2017201820192020 50 778 2 116 115 104 776 4 366 1 493 104 776 4 366 1 493 105 052 4 366 1 608 105 052 4 366 1 608 105 052 4 366 1 608 105 052 4 366 1 608 105 052 4 366 1 608 105 052 4 366 1 608 20212022202320242025 890 642 37 041 12 749 Всего IN VOLUME TERMS Hatching egg Commercial egg Poultry Sum, net of VAT 2017201820192020 1 154 050 6 994 10 442 1 171 486 2 381 284 14 432 135 743 2 531 459 2 381 284 14 432 135 743 2 531 459 2 387 542 14 470 146 185 2 584 197 2 387 542 14 470 146 185 2 548 197 2 387 542 14 470 146 185 2 548 197 2 387 542 14 470 146 185 2 548 197 2 387 542 14 470 146 185 2 548 197 2 387 542 14 470 146 185 2 548 197 20212022202320242025 20 241 870 122 678 11 159 040 21 523 588 Всего Sum, inclusive of VAT 10 % 1 288 6352 784 605 2 803 017 23 675 947 IN MONETARY TERMS, THOUSAND RUB

8. 8 SALES GEOGRAPHY 4 1 2 3 Moscow THE DELIVERY IS PLANNED TO THE CFD AND TO THE STATES OF THE FORMER SOVIET UNION 22 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Tver Yaroslavl N. Novgorod Vladimir Kostroma Vologda 1 2 3 4 5 6 7 Leningrad Novgorod Pskov Smolensk Bryansk Kaluga Kursk 8 9 11 12 13 14 10 Tula Voronezh Tambov Saratov 15 17 18 16 Samara Orenburg Kirov Kazakhstan 19 20 22 21

9. 9 FINANCIAL RESULTS Investment amount, milliard RUB Net present value, million RUB Annual net profit, milliard RUB 6,8235181,3 Internal rate of return, % Average annual volume of sales, milliard RUB >2,5 Simple, years Discount, years PAYBACK PERIOD 79

10. 10 RISKS AND RISK SENSITIVENESS Oversupply of hatching eggs on the Russian market RISKS Quarantine restrictions on the importation of breeding material Deficiency of qualified personnel Project insurance SOLUTIONS Training and professional development Loss of product quality Access to the market of the neighboring countries Implementation of quality management system

11. 11 CONTACT INFORMATION 5, Vilonova Street, Kaluga, Russia, 248000 ph.: 8 (4842) 56-30-57, 57-93-01 fax: 8 (4842) 57-54-74 kancel@adm.kaluga.ru www.admoblkaluga.ru/sub/selhoz/ 5, Vilonova Street, Kaluga, Russia, 248000 the 4th floor ph.: 8 (4842) 22-04-32, 22-04-39 apkko@adm.kaluga.ru www.apkko.ru