WE INTEND TO EXPLOIT SUCCESS USING NEW GROWTH OPPORTUNITIES

MESSAGE FROM THE PRESIDENT OF DELO GROUP 3 WE INTEND TO EXPLOIT SUCCESS USING NEW GROWTH OPPORTUNITIES Delo Group is a reliable and unified team of professionals capable of implementing unique and large-scale projects in the transportation industry. Since 1993 our team has been consistently working on modernization of assets, intensification of cooperation with partners, improving logistics and management structure. The geography of our activity is constantly expanding and the number of clients is steadily growing. For 25 years we have been creating new jobs and are actively involved in development projects and social programs in the regions of our presence. We rest on the best business practices, offering effective solutions for our customers, demonstrating a steady growth and commitment to the chosen strategy. From year to year we are improving and implementing advanced technologies. We intend to exploit success, using new growth opportunities and maintaining our impeccable reputation in the market. Sergey Shishkarev

4 KEY FIGURES 5 DELO GROUP UNLIMITED SOLUTIONS 400 NUTEP throughput capacity 150 6 teus teus м cumulative capacity of Ruscon terminals overal length of railway front of Ruscon terminals 2,600 employees 25 25 YEARS expertise in the transportation and logistics industry Over 300 mln USD investments in development of terminals and infrastructure 4.5 mln t KSK throughput capacity 60 м 2 class A warehouse facilities for consignment storage 18 м 2 indoor storage area 900 units container platforms

6 77 HISTORY OF THE GROUP 1993 Establishment of Delo, a freight forwarding company, in Novorossiysk port. Establishment of Forcon, a line agency, which laid the foundation for RUSCON Group, a pioneer of container transportation in Novorossiysk. 1997 Establishment of ZAO Transport Corporation (TC), a rail freight forwarder. 1999 Launch of the first RUSCON train on the NovorossiyskMoscow route. 2002 Greenfield construction and launch of the specialised container terminal NUTEP in the south-eastern cargo district of Novorossiysk port. RUSCON's entrance into the St Petersburg market for freight forwarding and cargo transportation. 2003 RUSCON's investment in the development of inland terminals of southern Russia. 2007 2010 Delo Group acquires Kombinat Stroykomplekt (KSK), adjacent to NUTEP, to start construction of a modern grain terminal, ZAO KSK. Technical modernisation of NUTEP with throughput capacity increased to 350,000 s. Key clients are the world's biggest container lines. Transport Corporation expands its geography and offers integrated transportation and railway freight forwarding services across Russia and the CIS. RUSCON invests in the development of inland container terminals in the Moscow region and northwestern Russia. Delo Group consolidates 100 % of NUTEP after acquisition of 50 % of shares from NCC.

8 9 2011 Construction of an inland oil products terminal and a port oil products transhipment complex. 2012 Launch of NNK oil products transhipment complex with throughput capacity of 400,000 tonnes per year. Completion of the first development stage of KSK grain terminal: annual capacity increased to 2 million tonnes of grain. Stevedoring assets and the bunkering company of Delo Group consolidated into the holding DeloPorts Limited. Consolidated financial statements prepared in accordance with IFRS and audited by PwC. 2013 A specialised Ro-Ro complex is built for transhipping light vehicles at KSK. Completion of the second stage of KSK grain terminal: capacity increased to 3.5 million tonnes per year, railway grain reception introduced. Sale of oil products complex. Strategic partnership with Cargill through sale of 25 % + 1 share of KSK. DeloPorts completes the first stage of its investment programme: annual dry throughput capacity increased to 9 million tonnes. 2014 Approval of the DeloPorts investment programme for further development of grain and container terminals till 2018. 2015 The stevedoring and bunkering assets are transferred into DeloPorts, a new Russian holding company. 2016 Establishment of Delo Management Company. Ruscon acquires SLG-Operating, Russia's leading warehousing service provider. Development of tugboat project and establishment of new service company Delo with bunkering and tugboat services. 2017 Delivery of three tug boats for Delo Service Company. Delivery of new reachstackers to NUTEP from ZPMC. Ruscon acquires inland container terminal in Novorossiysk. Integration of Transport Corporation into Ruscon. Acquisition of 200 platforms. 2018 Purchase of 30.75 % shares in Global Ports

10 11 Synergy Bunkering and agency services, tug boat operations in Novorossiysk port Cargo handling in Novorossiysk port Multimodal transportation and cargo forwarding services in Russia and the wider CIS CLIENT SEA PORT TERMINAL, WAREHOUSE Cargo transportation by railway and by road CLIENT DELO SERVICE COMPANY NUTEP Container Terminal Containers, general and Ro-Ro cargo KSK Grain Terminal Grain, general and Ro-Ro cargo Customs clearance Forwarding services

12 13 Stevedoring business

14 15 Stevedoring business www.deloports.ru DeloPorts is a Russian holding company that owns and operates stevedoring assets of Delo Group in the southeastern cargo district of Novorossiysk port. The Company consolidates NUTEP Container Terminal, KSK Grain Terminal and Delo Service Company. DeloPorts structure holding company 100% NUTEP Container Terminal 75% KSK Grain Terminal 100% DELO Service Company 25% 17.4% share of DeloPorts in dry cargo transhipments at Novorossiysk port in 2017 6.5% of the total dry cargo volumes handled in the Azov and Black Sea Basin 3 tug boats 9 berths 10.5 MLN T / YEAR Total capacity of terminals services Handling and storage of containers Automobile and railway reception of grain Grain storage and formation of shipload lots Loading of grain onto vessels Bunkering, tug boat and agency services for vessels in Novorossiysk port General cargo handling Handling of Ro-Ro cargo: cars and trucks own 6 track railway park Share of NUTEP in the container market of Novorossiysk, 2017 Share of KSK in the grain exports via deepwater terminals of the Azov and Black Sea Basin, 2017 41% 20%

16 17 DeloPorts assets teus throughput capacity 4.5 ha total area 12.4 mln t throughput capacity NUTEP Container Terminal Capacity* 2015 2016 2017 29.5 ha total area KSK Grain Terminal +300,000 2 project 3 40 39 s 4 38 40а project project Berth no. Length (m) Depth (m) 38 387 12.3 39 397 12.3 39a 211 9.6 39b 87 9.3 Berth protection 39 181 12.3 12,500 s container storage capacity 1,400 UNITS NUMBER OF REEFER PLUGS 9,300 6,028 9,300 5,472 Throughput 400 304 350 233 350 203 Berth no. Length (m) Depth (m) KSK development programme 2 175 3,6 +1.5 3 133,5 5,9 4 61,3 3,5 40 251 12,4 41 128 9 mln t 7,712 Capacity 2015 2016 2017 39a 10,500 container throughput, s 41 39b Throughput * The estimated capacity has been adjusted after improving operating efficiency 50,000 cars grain throughput, mln t Capacity Ro-Ro complex capacity 116,000 t storage capacity of 12 silos 2015 2016 2017 400 Throughput, t Throughput 4.5 4.2 3.5 3.3 3.5 2.8

18 19 STEVEDORING BUSINESS GLOBAL PORTS Global Ports is the leading operator of container terminals in the Russian market. It combines the largest transport and logistics and non-containerised port facilities and is a leader for container handling capacities in Russia. Global Ports operates a network of five maritime container terminals in Russia and two in Finland, as well as two inland logistics facilities near Saint Petersburg. The Group includes oil products terminal Vopak E.O.S located in Estonia. www.globalports.com GLOBAL PORTS STRUCTURE Terminals of the Group are located in the Baltic and Far East sea basins, the key regions of Russian foreign trade cargo flows. Russian marine terminals Since June of 2011, the Global Depository Receipts of Global Ports have been listed on the main market of London stock exchange. Currently the free float of the company is 20.5%. Delo Group develops Global Ports in strategic partnership with the global operator of port terminals APM Terminals incorporated into A.P. Moller-Maersk, so it allows Global Ports to use the unique experience of the global leadership and ensures successful implementation of the global industry standards. JSC First Container Terminal JSC Petrolesport OOO Moby-Dik JSC Ust-Luga Container Terminal OOO Vostochnaya Stevedoring Company KEY SERVICES FINNISH marine terminals Oil products terminal The core business of the Group is handling containers. Global Ports also provides handling and storage services for ro-ro cargo, bulk and other types of cargoes as well as oil products. MLT-Kotka MLT-Helsinki Vopak E.O.S.

20 21 GLOBAL PORTS CAPACITIES China CAPACITY OF RUSSIAN MARINE TERMINALS JSC Petrolesport (The Baltic Basin) 1,000 JSC First Container Terminal (The Baltic Basin) OOO Vostochnaya Stevedoring Company (The Far Eastern Basin) OOO Moby-Dik (The Baltic Basin) 30 units of conventional ro/ro cargoes 1,250 650 400 440 190 units of motor-car Finland Kotka Helsinki 200 400 tons ZAO Logistika-Terminal (The Baltic Basin) 200 500 tons генеральных грузов of general cargoes CAPACITY OF OIL PRODUCTs TERMINAL The Far Eastern Basin Russia JSC Petrolesport JSC First Container Terminal OOO Moby-Dik JSC Ust-Luga Container Terminal OOO Yanino Logistics Park ZAO Logistika-Terminal Vopak E.O.S. OOO Yanino Logistics Park (The Baltic Basin) MLT-Kotka (The Baltic Basin) Muuga Estonia CAPACITY OF RUSSIAN inland TERMINALS 270 150 Saint Petersburg CAPACITY OF FINNISH MARINE TERMINALS OOO Vostochnaya Stevedoring Company Nakhodka KPDR The Baltic Basin JSC Ust-Luga Container Terminal (The Baltic Basin) MLT-Helsinki (The Baltic Basin) MLT-Helsinki MLT-Kotka Russia Vopak E.O.S. (The Baltic Basin) 1,052 cubic m GLOBAL PORTS CONTAINER THROUGHPUT PERFORMANCE IN 2017 Total container turnover of Russian marine terminals Total container turnover of Finnish marine terminals Total container turnover of Russian inland terminals 1,372.5 115.6 255

22 23 Transportation and logistics business

24 25 Transportation and Logistics Business www.ruscon.global Over 1,200 employees in 6 offices in the CIS and abroad RUSCON is a multimodal operator of containerised cargo in Russia and the CIS. The Company offers containerised cargo delivery services by own transportation assets: fleet of trucks, fitting platforms, inland terminals, customs and logistics storage facilities. services Forwarding RUSCON is one of the largest freight forwarders and container transport operators in the territory of the Russian Federation for clients in the automotive, retail, chemical, metal, agricultural, and other industries. CARGO HANDLING RUSCON operates own specialised inland container terminals in Novorossiysk and Moscow region. The terminals provide full range of services for container handling and storage using advanced technology. LOGISTICS AND CUSTOMS BROKERAGE RUSCON offers complex services for customs clearance and optimisation of the cargo supply chain. SEA FREIGHT For many years RUSCON has partnered with numerous major international lines that offer container transportation services via Russian and CIS ports. STORAGE AND CONSULTING BY SUPPLY CHAINS RUSCON offers high-tech logistics services on the basis of SLG-Operating PNK-Chekhov 2 distribution center, including secure storage and computerized record of goods on high-rise rack systems, warehouse storage, cross-docking operations in the warehouse on request of clients and a wide range of advanced warehouse services. Share in the international container turnover of Russian ports 6% St. Petersburg Novorossiysk Moscow 16,000 reefers and reefer trailers served in 2017 50,000 customs declarations for 2017 Almaty Nakhodka Shanghai Leading operator in the segment of perishable goods largest customs broker 300,000 s per year handling volumes of loaded containers FINE-MESHED STORAGE Number of handled loaded containers, s 2015 244,890 2016 246,176 2017 286,307 3 operator of containerised cargo through Russian ports 4 operator of container trains in Russian ports

26 150 Partners Ruscon offers container transportation services for major Russian and international companies OTLC PALLETS throughput capacity 27 Key advantages Immediate presence in all key Russian ports and regions Long-term partnership with the leading railway operators, stevedore companies and largest container lines Own and leased transportation assets in key regions Modern IT support for logistics services Leading logistics operator in container transporation in southern Russia The largest forwarder of containerised cargo in northwestern Russia 90 900 own container trucks Terminal Area (ha) Storage capacity Location MANP 14.6 2,500 s Russia, 142160, Moscow, Lvovo village RUSCON 19.4 7,300 s Russia, 35390, Novorossiysk, Kirillovka village, 2nd railway loop OTLC 3.2 8,972 pallets SLG Operating 30.7 Chekhov 2 own and leased platforms 100,000 pallets Russia, 142000, Domodedovo, North district, Ulitsa Logistika, 1/ 7b Russia, 142326, Moscow Region, Chekhov district, Novosyolky RUSCON depot MANP RUSCON 3 RUSCON 1 100,000 teus throughput capacity 50,000 teus throughput capacity

Marine service

30 31 Marine Service www.aleksino-port.ru www.russea-marina.ru Aleksino Port Marina Shipyard is a ship repair complex that offers a vast range of services in dock repair, servicing of yachts and other vessels in Novorossiysk port. Russian Sea yacht club is a modern yacht marina with berths and complex vessels service for ship owners and crews. It is located in the Tsemes bay of the Black Sea, in the historic centre of Novorossiysk. Key advantages Key advantages Favourable location Proximity to main mooring bases and strategic ports on the Russian Black Sea coast Investments in crane equipment and storage area 160 tonnes Development programme envisages investments in expanding vessel handling capacity of the maximum weight of 450 tonnes lift capacity Draught (m) Novorossiysk Length (m) Width (m) up to 3.5 45 8.7 RUSSIAN SEA YACHT CLUB 35 Number of mooring places Draught (m) Length (m) Width (m) up to 2.5 20 8 Berths protected by breakwaters Point for state technical inspection of small vessels Winter storage Processing of documents for vessels exiting Russian borders Tsemes bay Aleksino Port Marina Shipyard

Information security

34 35 Information security www.asplabs.ru www.asplabs.ru ASP Labs works at solution of problems of information security for automated systems of critical industrial facilities starting from 2010. Since 2016 the Company is a resident of the Skolkovo Innovation Center. SERVICES IMPLEMENTATION OF THE FULL CYCLE OF WORK FOR INFORMATION SECURITY: Comprehensive audit of information security of facilities for compliance with industry safety standards and requirements of federal legislation. All information infrastructure within the security perimeter is checked, including: Information systems and communication systems Automated general-purpose systems Engineering systems, physical protection systems Automated process control systems Setting requirements to information security subsystems Design of information security systems of enterprises Implementation of information security subsystems at facilities OWN LINE OF PRODUCTS FOR INFORMATION SECURITY OF INDUSTRIAL FACILITIES DEVELOPED: Software and hardware complex an industrial multifunction firewall Arkan-M Software and hardware complex a multifunctional intrusion detection and prevention system Arkan-C Software for information security control and monitoring Arkan-K All lines of products represent corporate solutions in the field of information security and are primarily intended to comply with requirements of Federal Law No. 187-FZ On Security of Critical Information Infrastructure of the Russian Federation" of July 26, 2017. Pilot implementations conducted: Rosseti, PJSC Tupolev, Rosneft.

36 37 Social responsibility

38 39 Social Responsibility The Group supports numerous sustainable development programmes in the regions where it operates, recognising their role in its long-term development. We consider our people to be our most important asset. The companies of the Group participate in the development of the Russian regions and support charitable and social projects Since 2015, Delo Group has been the official sponsor of the Handball Federation of Russia (HFR) and the President of the Group also heads the HFR. sustainable development The Delo Group companies participate in the economic and social development of regions, governed by corporate social responsibility and environmental compliance, with regard to the interests of everyone involved: employees, clients, local authorities and trade unions. charity SPORT Sponsorship helps to conduct events and develop handball in Russia, to enhance players skills and to prepare professional handball players from the next generations. Delo Group supports the HFR's goal to restore the prior popularity of handball, to attract children and adults to the sport. In partnership with Delo Group, the HFR is developing handball in the Russian regions, strengthening international relations and adopting best practices in hosting large-scale sport events. The Group companies are engaged in various charity programmes in Krasnodar region, Moscow, the Far East and Saint Petersburg. We support specialist centres for children with special needs in Novorossiysk and sport organisations with regular donations and annual help.

40 41 Delo Group Unlimited solutions

42 CONTACT INFORMATION LLC MC DELO 119049, Moscow, Donskaya str., 15 Telephone: +7 (495) 933-19-16 Fax: +7 (495) 933-19-18 E-mail: post@delo-group.ru www.delo-group.ru LLC RUSCON 119049, Moscow, Donskaya str., 15 Telephone: +7 (495) 740-16-60 Fax: +7 (495) 744-02-62 E-mail: info@ruscon.global www.ruscon.global LLC DELOPORTS 353913, Novorossiysk, Sukhumskoye shosse, 21 Telephone: +7 (8617) 300-821 E-mail: post@delo-group.ru www.deloports.ru Ship-repair yard ALEKSINO 353825, Novorossiysk, Rybatskaya str., 33 Telephone: +7 (8617) 607-436 www.aleksino-port.ru LLC MC GLOBAL PORTS 196247, Saint Petersburg, ploshad Konstitustii, 3 Block 2, Leader Tower business center, 29th floor Telephone: +7 (812) 677-15-57 E-mail: reception@globalports.com www.globalports.com Yacht-club RUSSKOYE MORE 353905, Novorossiysk, Naberezhnaya Admirala Serebryakova, 29a Telephone: +7 (8617) 201-912 E-mail: rs@russea.ru www.russea-marina.ru ASP LABS COMPANY 121205, Moscow, the territory of Skolkovo innovation centre, Bolshoy boulevard, 42, block 1, 1st floor, office 336 Telephone: +7 (499) 398-00-21 E-mail: info@asplabs,ru www.asplabs.ru