Ad-Hoc Notice

08.12.2021

NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW

8 December 2021, Moscow – JSC “AVTOBAN-Finance” announces that, further to prior statements by the management of Avtoban Group on the topic, the Group is considering, among other financing options available, the potential IPO of its parent company JSC “SOYUZDORSTROY”, subject to market conditions.

No formal decision regarding the IPO of JSC “SOYUZDORSTROY” has been taken. Avtoban Group will not provide any comments on the potential IPO at this time.

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For further information, please visit www.avtoban.ru or contact:

Alesya Aminova

Head of the Public Relations Department

Phone: +7 922 78 54 786

a.ganba@avtoban.ru

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The information contained in this announcement 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, 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. Avtoban Group does not intend to register any portion of any offering of securities in the United States or to conduct a public offering of any securities in the United States.