INFORMATION FOR SHAREHOLDERS AND INVESTORS

SHARE CAPITAL

In 2022, Moscow Exchange’s share capital remained unchanged. As of 31 December 2022, it amounted to RUB 2,276,401,458 and the number of outstanding ordinary shares stood at 2,276,401,458. Pursuant to the Exchange’s Charter, each share grants the right to one vote at the General Meeting of Shareholders.

The shares are traded on Moscow Exchange’s own trading platform (ticker: MOEX) and are included in the first-level quotation list. The shares are also a constituent of the Russian market benchmark indices, the MOEX Russia Index and the RTS Index, which are comprised of up to 50 stocks issued by Russia’s largest traded companies. They are also in the sectoral index for Finance and the equity sub-index of the Pension Savings Assets Index. As of 26 January 2022, Moscow Exchange shares were included in the thematic sustainability index — MOEX-RSPP Responsibility & Transparency Index.

The Exchange has no shareholders possessing any degree of control over the company disproportionate to their holding of the Exchange’s share capital, as per a shareholder agreement or other agreement concerning rights attached to shares. The Exchange has not issued preferred shares, such as those with a different nominal value. The share capital structure does not include any instrument that would provide the holder control over the company disproportionate to its stake in the company.

The total number of MOEX shareholders was over 480,000, including 478,500 individual shareholders. MICEX-Finance, a controlled entity of the Exchange, held 18,929,079 shares (0.827% of the share capital).

In 2022, the Exchange executed no special-purpose related-party transactions with its shareholders. All transactions were of market nature and were executed on terms and conditions similar to those applied in transactions with other counterparties of the Exchange.

REGISTRAR

Registry company STATUS keeps the register of Moscow Exchange’s shareholders.

For more details, please visit the company’s website: www.rostatus.ru

MOEX SHARE PERFORMANCE

As of the end of 2022, Moscow Exchange’s market capitalization was RUB 217.2 bn (versus RUB 348.8 bn as at the end of 2021).

In 2022, the average daily trading volume (ADTV) of the company’s shares amounted to RUB 645 bn. The decline in average daily trading volume year-on-year is explained by the inability of brokers to trade in Russian equities on behalf of non-residents from the end of February 2022.

DIVIDENDS

Moscow Exchange’s Annual General Meeting of Shareholders (AGM) resolved not to pay dividends for 2021. This decision is based on the current Dividend Policy which prioritises capital requirements in Moscow Exchange Group companies over dividend distributions.

In accordance with the Federal Law on Joint Stock Companies, the deadline for payment of dividends to a nominee registered in the shareholder register should not exceed 10 business days, and to other persons registered in the shareholder register — 25 business days from the dividend record date.

INVESTOR RELATIONS

Moscow Exchange engages with existing and prospective investors to provide them with an overview of the activities of the company and raise awareness of MOEX’s business with the aim of continually diversifying the shareholder base. Investor relations activities are scheduled in such a manner that any investor has the opportunity to interact with and ask questions of MOEX management at least once a year and receive all the information she/he needs in a timely manner in order to make reasonable investment decisions. It is one of Moscow Exchange’s priorities to adhere to the highest standards of information disclosure given its roles as both a public company and operator of Russia’s core financial markets infrastructure.

In 2022, Moscow Exchange’s management held 302 meetings (also online) with institutional investors and analysts and took part in the Smart-lab conference. They met with the Russian private investor community, spoke about business and answered questions, as part of the pilot event under Invest Tour project of Otkritie Investments. Please see the following links:

• YouTube: https://www.youtube.com/watch?v=w4IvSoA991U
• RuTube: https://rutube.ru/video/193b1a78cb21f3dbca5d85f7c7b4f4a3
• VK: https://vk.com/video-18078368_456239489

In total, in 2022, Moscow Exchange’s management contacted 138 institutional investors and 12 sell-side analysts.

MOEX also places strong emphasis on engaging with retail investors. The number of retail shareholders exceeded 478,000 as of the end of 2022. Against the backdrop of the growing activity of individuals on the stock market, Moscow Exchange is implementing a number of initiatives aimed at improving the financial literacy of individual investors (see the “Exchange and the Community” chapter). Moscow Exchange management participates in a wide range of public events and webinars organised by Moscow Exchange and external partners.

ANALYSTS

MOEX’s performance is closely monitored by leading Russian and international banks.

They publish regular reports on MOEX’s shares as well as provide stock recommendations and financial forecasts.

As of 31 December 2022, the market consensus forecast for MOEX shares based on forecasts of seven analysts was RUB 127.43 per share.