Document:

EX-10.17

 Exhibit 10.17 

PRELIMINARY LEASE AGREEMENT 

Moscow 

 This Preliminary Lease Agreement (hereinafter referred to as the “Agreement”) is entered into on
November 6, 2019 in Moscow, Russian Federation, by and between: 
  

	(1)	 Adva Limited Liability Company (brief name – Adva LLC), a legal entity which was founded and
operates in accordance with the laws of the Russian Federation, registered by the Federal Tax Service Inspectorate for Dzerzhinsk district of Volgograd city, registration date: August 12, 2013, OGRN 1133443021810, INN 3443923606, KPP 610201001,
located at: 1 Lenina village, building 1, Aksay district 346703, Rostov region, represented by Armen Lorensovich Shakhnazarov, acting under power of attorney No. 21-D/19 dated May 21, 2019 (hereinafter
referred to as the “Lessor”); and 

  

	(2)	 Internet Solutions Limited Liability Company, a legal entity which was founded and operates in
accordance with the laws of the Russian Federation, registered by the Moscow Registration Chamber State Enterprise, registration date: September 5, 2000, OGRN 1027739244741, INN 7704217370, KPP 770401001, located at: 10 Presnenskaya nab., unit
1, floor 41, room 6, Moscow 123112 represented by Andrey Igorevich Pavlovich acting under Power of Attorney
No. 77/719-n/77-2019-14-285 dated August 26, 2019 (hereinafter – the
“Lessee”); 

 hereinafter collectively referred to as the “Parties” and individually – as a
“Party”. 
 WHEREAS: 
  

	(A).	 The Lessor intends to implement the project for construction of Phase 1, Phase 2 and Phase 3 and their
further leasing to the Lessee in accordance with the terms and conditions of the Agreement, Phase 2 Option and Phase 3 Option; 

  

	(B).	 Phase 2 Option and Phase 3 Option shall be executed at the same time as the Agreement;

 The Parties have agreed to enter into the Agreement as follows: 

1. GLOSSARY 
 Unless otherwise stipulated by the context,
the capitalized terms used in the Agreement, including the Preamble, shall have the following meanings: 
 “Access Certificate” means the
document confirming the fact of granting access to the Premises to the Lessee for performing the Lessee’s Works to be signed by the Parties in the form of Appendix 2:1 to the Agreement; 

“Certificate of Transfer for Use” means a document confirming the actual use of the Premises by the Lessee in accordance with their Intended
Purpose from the ending date of the Access Date (at least four (4) months upon the date of signing the Access Certificate, but not earlier than receiving a commissioning permit by the Lessor) and until the date of signing by the Parties the
Acceptance Certificate for the Premises under the Long-term Lease Agreement to be signed by the Parties in the form of Appendix 2:2 to the Agreement; 

“Acceptance Certificate” means a document confirming transfer of the Premises for actual possession and use by the Lessee and drawn up in the
form of the Appendix to Long-Term Leasing Agreement 1, Long-Term Agreement 2, and Long-term Agreement 3, accordingly; 
 “Agreement” means
this Agreement, including all the appendices and supplementary agreements hereto (if they are present or made by the Parties in the future); 

“Long-term Lease Agreement” means Long-term Lease Agreement 1, Long-term Agreement 2, and Long-term Agreement 3; 

  
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 “Long-term Lease Agreement 1” means a long-term agreement for lease of Premises 1 whose
agreed revision is contained in Appendix 3 to the Agreement; 
 “Long-term Lease Agreement 2” means a long-term agreement for lease of
Premises 2 to be agreed and made by the Parties with regard to Phase 2; 
 “Long-term Lease Agreement 3” means a long-term agreement for
lease of Premises 3 to be agreed and made by the Parties with regard to Phase 3; 
 “EGRN” means the Unified State Register of Immovable
Property of the Russian Federation; 
 “Contractor” means a legal entity having all the required permits and authorizations and
constructing the Building in accordance with the applicable law and the Agreement; 
 “Building” means, collectively or individually, the
Phase 1 Building, Phase 2 Building, Phase 3 Building;  
 “Phase 1 Building” means the warehouse building/premises (main building)
with the approximate total area of 36,549 sq. m to be constructed on the Land Plot according to the Terms of Reference (Appendix 1:3 to the Agreement); 

“Phase 2 Building” means the warehouse building/premises (main building) with the approximate total area of 36,000 sq. m to be constructed on
the Land Plot according to the Terms of Reference (Appendix 1:3 to the Agreement); 
 “Phase 3 Building” means the warehouse
building/premises (main building) with the approximate total area of 36,000 sq. m to be constructed on the Land Plot according to the Terms of Reference (Appendix 1:3 to the Agreement); 

“Land Plot” means a part of the land plot, cadastral number 66:41:0610005:62, approximate area of 130,000.00 sq. m, shown in the layout
(Appendix 1:1 to the Agreement), land category: settlement lands, permitted use type: warehouses, located at: Yekaterinburg, to the east of Koltsovo settlement, Sverdlovsk region. The land plot (cadastral number 66:41:0610005:62) is possessed by the
Lessor based on the right of lease under land plot lease agreement No. ... with the Territorial Agency for State Property Management in Sverdlovsk Region and agreement for assignment of the lease right to the state property land plot No. ...
with PSK Evro-Dom LLC. 
 For the purpose of this document the term “Land Plot” also includes any other
land plots which may be formed out of it. 
 “Cadastral Engineer” means an individual being a member of a self-regulating organization of
cadastral engineers who carries out technical measurements of the Building and prepares a technical plan of the Building for the purpose of the state cadastral registration of the Building 

“Complex” means the Logistic Warehousing Complex located at: Yekaterinburg, to the east of Koltsovo settlement, Sverdlovsk region, Russia,
including Phase 1, Phase 2, and Phase 3. 
 “Checkpoint” means the checkpoint building to be constructed on the Land Plot; 

“Minor Defects” means incomplete Lessor’s Works or those performed with poor quality or incompliant with the ToR which do not prevent
from use and/or operation of the Premises in accordance with their Intended Purpose, as determined in Clause 2.6 of Appendix 3. 
 “Security
Payment” means security payment in the meaning set by Article 381.1 of the Civil Code of the Russian Federation to be made by the Lessee to the Lessor within the timelines and on the conditions specified in Clause 7 of the Agreement; 

  
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 “Lessor’s Works” means the totality of general construction and installation and other
works to be performed by the Lessor on the Complex and preparation of the Premises for the Lessee’s Works and further operation of the Premises by the Lessor and the Lessee in accordance with the Certificate of Delineation of Operational
Responsibility, pursuant to the conditions of the Long-term Lease Agreement. The period during which the Works shall be performed, the list of the Works, and the procedure for their performance are specified in the Agreement and Appendix 1:4 to the
Agreement (Schedule and Interaction of the Parties). 
 “Lessee’s Works” means any works to be performed by the Lessee in the
Premises, removable and permanent improvements provided by the Lessee (or on behalf of the Lessee) in the Premises in order to prepare them for the Lessee’s activities whose presence in the Premises are conditional upon the Lessee’s
activities in the Premises in accordance with the Agreement. 
 “Force Majeure Events” means extraordinary, unforeseen and unavoidable
circumstances under the given conditions, as defined in paragraph 3 of Article 401 of the Civil Code of the Russian Federation, by which the Parties shall, inter alia, mean extraordinary events or circumstances which the Party could neither foresee
nor prevent by reasonable means, including, inter alia, natural calamities, wars, revolutions, rebellions, civil unrests, exercise by the State of the preemptive rights of acquisition in case of the nationwide emergency, nuclear explosion,
radioactive or chemical contamination, as well as other circumstances being beyond reasonable control of the Parties and making it impossible to perform their obligations hereunder, provided that violation of obligations by the counterparties of the
relevant Party, lack of funds (including cancellation and/or suspension of credit financing) and such financial circumstances, as currency exchange rate fluctuations or market value declines, shall not be deemed Force Majeure Events; 

“Phase 2 Option” means provision of an irrevocable offer by the Lessor as an option offerer to the Lessee as an option holder to make a
preliminary lease agreement with respect to Premises 2 on the conditions provided for by the Agreement and the irrevocable offer being an integral part of the Agreement; 

“Phase 3 Option” means provision of an irrevocable offer by the Lessor as an option offerer to the Lessee as an option holder to make a
preliminary lease agreement with respect to Premises 3 on the conditions provided for by the Agreement and the irrevocable offer being an integral part of the Agreement; 

“Phase 1” means the Phase 1 Building and all the other movable and immovable property whose list is determined in Appendices No. 1:2 and
1:3 to the Agreement to be constructed by the Lessor as a part of the Project in accordance with the Terms of Reference and duly commissioned and the characteristics of the Land Plot which it shall have according to the Terms of Reference; 

“Phase 2” means the Phase 2 Building and all the other movable and immovable property to be constructed by the Lessor (after Acceptance of
the Phase 2 Option as this term is defined below) as a part of the Project in accordance with the Terms of Reference and duly commissioned and the characteristics of the Land Plot which it shall have according to the Terms of Reference; 

“Phase 3” means the Phase 3 Building and all the other movable and immovable property to be constructed by the Lessor (after acceptance of
the Phase 3 Option as this term is defined below) as a part of the Project in accordance with the Terms of Reference and duly commissioned and the characteristics of the Land Plot which it shall have according to the Terms of Reference; 

“Use Fee” means the fee paid for use of the Premises from the date of signing the Certificate of Transfer for Use by the Parties. 

“Premises” means Premises 1, Premises 2, and Premises 3; 

“Premises 1” means all the premises to be constructed as a part of Phase 1; 

“Premises 2” means all the premises to be constructed as a part of Phase 2; 

  
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 “Premises 3” means all the premises to be constructed as a part of Phase 3; 

“Project” means construction by the Lessor of Phase 1, Phase 2, and Phase 3 on the Land Plot and further long-term lease of the Phase 1,
Phase 2, and Phase 3 facilities to the Lessee on the conditions determined in the Agreement and the Long-term Lease Agreement; 
 “Major
Defects” means incomplete Lessor’s Works or those performed with poor quality or incompliant with the ToR which prevent from use and/or operation of the Premises in accordance with their Intended Purpose, as determined in Clause 2.6 of
Appendix 3 to the Agreement. 
 “Lease Period” means the lease period under Long-term Lease Agreement 1 specified in the Agreement; 

“Terms of Reference” (“ToR”) means the document containing the list of requirements to the Buildings, Premises, the Land Plot, the
utilities, the project documentation for construction of Phase 1 Building, Phase 2 Building, and Phase 3 Building, including in the part of the Premises, the Land Plot, and the utilities, being Appendix 1.3 to the Agreement. 

If this Clause 1 of the Agreement does not contain definition of any capitalized term, this term will have the meaning assigned to it in the Long-term Lease
Agreement. 
 2. SUBJECT MATTER OF THE AGREEMENT 

Phase 1: 
  

	2.1.	 Taking into consideration that the Parties undertake to enter into Long-term Lease Agreement 1 on the terms and
conditions of the Agreement and in the form and on the conditions set forth in Appendix 3 to the Agreement, the Agreement determines the conditions of Phase 1 construction, Premises 1 preparation for the Lessee’s Works and the conditions of
Phase 1 operation by the Lessee before entering into Long-term Lease Agreement 1. The Agreement also determines the procedure for interaction of the Parties before entering into Long-term Lease Agreement 1. The Phase 1 facilities will be owned by
the Lessor. 

  

	2.2.	 Within fifteen (15) business days upon the date of state registration of the Lessor’s ownership
rights to Phase 1 facilities in the Unified State Register of Immovable Property the Parties shall enter into Long-term Lease Agreement 1 in the manner and on the conditions provided for by the Agreement. 

 

	2.3.	 The subject matter of Long-term Lease Agreement 1 shall be lease of the following facilities fully compliant
with the ToR (hereinafter together – “Premises 1”): 

  

	 	2.3.1.	 Phase 1 building with the total approximate area of 36,549 sq. m, including the following premises:

  

	 	•	 	 Warehouse premises with the approximate area of 19,109 sq. m (hereinafter – “Warehouse Premises
1”); 

  

	 	•	 	 Administrative and amenity premises and other auxiliary premises including, but not limited to toilets and shower
rooms, irrespective of their location, and a wash room, with the approximate area of 4,988 sq. m (hereinafter – “Office Premises 1”); 

  

	 	•	 	 Mezzanine premises with the approximate area of 10,684 sq. m (hereinafter – “Mezzanine 1”);

  

	 	•	 	 Premises for storage of dangerous goods with the approximate area of 1,767 sq. m (hereinafter –
“Hazardous Goods Area”);  

  

	 	2.3.2.	 Checkpoint Premises: with the approximate area of 845 sq. m., 2.3.3. Parking space with the total number
of 397 parking slots of which 330 parking slots for passenger vehicles and 67 – for trucks (hereinafter – “parking slot”). 

  
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 Phase 2, Phase 3: 
  

	2.4.	 With respect to Phase 2 and Phase 3, the Lessor has provided the Phase 2 Option and the Phase 3 Option,
respectively. 

 Pursuant to Article 429.2 of the Civil Code of the Russian Federation, the Phase 2 Option and the Phase 3
Option are included in the conditions of the Agreement and is a part of the subject matter of the Agreement; Early Termination of the Agreement results in termination of the Phase 2 Option and Phase 3 Option. 

 

	2.5.	 To acquire the right to enter into the Preliminary Lease Agreement for Phase 2 (as defined below), the
Preliminary Lease Agreement for Phase 3 (as defined below) the Lessee shall pay to the Lessor a fee (premium). 

  

	 	2.5.1.	 The Phase 2 Option fee shall be equal to the area of Premises 1 multiplied by RUB forty one and sixty-seven
kopecks (41.67), excluding VAT. The Phase 2 Option Payment shall be paid by the Lessee in the indicated amount on a monthly basis, starting from the date of signing the Certificate of Acceptance for Use of Premises 1 and/or an Acceptance Certificate
for Premises 1 until the date of signing an Access Certificate for Premises 2 (inclusive). The Phase 2 Option Payment shall be paid by the Lessee at the same time as the use fee for Premises 1 (according to Clause 13.10 of the Agreement) and/or the
Lease Payment for Premises 1 (according to Long-term Lease Agreement 1). 

  

	 	2.5.2.	 The Phase 2 Option Payment shall not be counted towards the security payment, the use fee and/or the lease
payment under the Preliminary Lease Agreement for Phase 2 (as defined below) and/or Long-term Lease Agreement 2 and shall not be reimbursable in case the Phase 2 Option is not accepted by the Lessee during the option validity period.

  

	 	2.5.3.	 The Phase 3 Option fee shall be equal to the area of Premises 1 multiplied by RUB twenty and eighty-three
kopecks (20.83), excluding VAT. The Phase 3 Option Payment shall be paid by the Lessee in the indicated amount on a monthly basis, starting from the date of signing the Certificate of Acceptance for Use of Premises 1 and/or an Acceptance Certificate
for Premises 1 until the date of signing an Access Certificate 3 (inclusive). The Phase 3 Option Payment shall be paid by the Lessee at the same time as the use fee for Premises 1 (according to Clause 13.10 of the Agreement) and/or the Lease Payment
for Premises 1 (according to Long-term Lease Agreement 1). 

  

	 	2.5.4.	 The Phase 3 Option Payment shall not be counted towards the security payment, the use fee and/or the lease
payment under the Preliminary Lease Agreement for Phase 3 (as defined below) and/or Long-term Lease Agreement 3 and shall not be reimbursable in case the Phase 3 Option is not accepted by the Lessee during the option validity period.

  

	2.6.	 The Phase 2 Option shall be valid for twelve (12) months upon the date of signing the Acceptance
Certificate for Premises 1, but in any case not earlier than August 2, 2021 and not later than August 1, 2022 (period for acceptance of the Phase 2 Option). 

 

	2.7.	 The Phase 3 Option shall be valid for twelve (12) months upon the date of signing the Acceptance
Certificate for Premises 2, but in any case not earlier than August 3, 2022 and not later than August 1, 2023 (period for acceptance of the Phase 3 Option). 

 

	2.8.	 In case the Lessee, as an option holder, intends to enter into a preliminary lease agreement for Premises 2 on
the conditions specified in the Agreement, the Lessee shall Accept Option 2 by giving the Lessor a notice of making preliminary lease agreement 2 in accordance with the procedure provided for by Clause 11 of the Agreement (hereinafter –
“Phase 2 Option Acceptance”). 

  
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	2.9.	 In case the Lessee, as an option holder, intends to enter into a preliminary lease agreement for Premises 3 on
the conditions specified in the Agreement, the Lessee shall Accept Option 3 by giving the Lessor a notice of making preliminary lease agreement 3 in accordance with the procedure provided for by Article 11 of the Agreement (hereinafter –
“Phase 3 Option Acceptance”, respectively). 

  

	2.10.	 Within thirty (30) business days after the date of receipt by the Lessor from the Lessee of the Phase 2
Option Acceptance, Phase 3 Option Acceptance, respectively, the Lessor shall enter into a preliminary lease agreement with the Lessee in a form similar to the Agreement, taking into consideration the technical parameters of the Phase 2 facilities
(hereinafter referred to as the “Preliminary Lease Agreement for Phase 2”) and the technical parameters of the Phase 3 facilities (hereinafter referred to as the “Preliminary Lease Agreement for Phase 3”). In this case, the
conditions of the Preliminary Lease Agreement for Phase 2, the Preliminary Lease Agreement for Phase 3, respectively (including the lease rates, subject to indexation (if any), the dates and procedure for lease rate indexation, the dates, procedure
and scope of the security provided by the Lessee) shall be similar to the current conditions of the Agreement. 

 Upon
completion of construction and registration of the Lessor’s title to the Phase 2 facilities, the Parties will make Long-term Lease Agreement 2 in the form provided for by the Parties in the Preliminary Lease Agreement for Phase 2 to provide for
the lease period of seven (7) years and the lease payment rates taking into consideration the indexation, if any. Upon completion of construction and registration of the Lessor’s title to the Phase 3 facilities, the Parties will make
Long-term Lease Agreement 3 in the form provided for by the Parties in the Preliminary Lease Agreement for Phase 3 to provide for the lease period of seven (7) years and the lease payment rates taking into consideration the indexation, if any.

  

	2.11.	 The subject matter of the Long-term Lease Agreement 2 shall be lease of the following Phase 2 facilities with
the total approximate area of 36,000 sq. m (hereinafter together – “Premises 2”) in compliance with the ToR by the Lessor to the Lessee: 

 

	 	2.11.1.	 Warehouse premises, including technical premises, with the approximate area of 20,000 sq. m (hereinafter
referred to as “Warehouse Premises 2”) with the arrangement of: 

  

	 	2.11.2.	 Administrative and amenity and other auxiliary premises with the approximate area of 5,000 sq. m (hereinafter
– “Office Premises 2”); 

  

	 	2.11.3.	 Mezzanine premises with the approximate area of 10,800 sq. m (hereinafter – “Mezzanine
2”); 

  

	 	2.11.4.	 Parking space: the number of parking slots for passenger vehicles and trucks shall be adjusted when signing the
Preliminary Lease Agreement for Phase 2 by the Parties (but no less than 300 parking slots for passenger vehicles and 58 parking slots for trucks). 

  

	2.12.	 The subject matter of the Long-term Lease Agreement 3 shall be lease of the following Phase 3 facilities with
the total approximate area of 36,000 sq. m (hereinafter together – “Premises 3”) in compliance with the ToR by the Lessor to the Lessee: 

  

	 	2.12.1.	 Warehouse premises with the approximate area of 20,000 sq. m (hereinafter – “Warehouse Premises
3”); 

  

	 	2.12.2.	 Administrative, amenity and other auxiliary premises with the approximate area of 5,000 sq. m (hereinafter
– “Office Premises 3”); 

  

	 	2.12.3.	 Mezzanine premises with the approximate area of 10,800 sq. m (hereinafter – “Mezzanine
3”); 

  

	 	2.12.4.	 Parking space: the number of parking slots for passenger vehicles and trucks shall be adjusted when signing the
Preliminary Lease Agreement for Phase 3 by the Parties (but no less than 300 parking slots for passenger vehicles and 58 parking slots for trucks). 

  
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 Miscellaneous 
  

	2.13.	 The area of the Premises is approximate. The final area of the Premises and the other technical characteristics
shall be checked based on the cadastral registration data (the areas – according to the measurements by the Cadastral Engineer) and shall be fixed by the Parties in Long-term Lease Agreement 1. The Parties have agreed that the exact area (based
on the measurement by the Cadastral Engineer) of the Warehouse Premises may and the Mezzanine may differ from the approximate area of the Warehouse Premises and the Mezzanine by no more than 2%; the exact area of the Office Premises, the Hazardous
Goods Area, and the Checkpoint may differ from the approximate area of the Office Premises, the Hazardous Goods Area, and the Checkpoint agreed by the Parties by no more than 4%. 

The location, the layout, the technical parameters, and the description of the Premises are provided in Appendices No. 1:2 and 1:3 to the
Agreement. The Parties confirm that the data specified in this Clause make it possible to specifically identify (individualize) the property to be leased to the Lessee under Long-term Lease Agreement 1. 

 

	2.14.	 The Phase 2 Building will be closely adjacent to the Phase 1 Building. 

 

	2.15.	 The Phase 3 Building will be closely adjacent to the Phase 2 Building. Construction of Phase 3 Building before
construction of Phase 2 building is not allowed. 

  

	2.16.	 Allocated capacities: 

The Parties have agreed to provide for electrical capacity of at least 1.0 MW and an option of an increase in the connected electrical capacity
in the course of construction of Phase 2 and Phase 3 up to 1.5 MW for each phase. The total estimated capacity provided for Phase 1, 2 and 3 shall be up to 4 MW. 

The Lessor shall provide the Lessee with the required capacity in accordance with the design solutions agreed by the Parties and shall ensure
80% backup of this capacity by installation of diesel generator units in the scope provided for by the Terms of Reference. 
 The value of
the connected capacity and ensuring capacity backup shall be additionally paid by the Lessee. 
  

	2.17.	 The general layout of the Complex with regard to the assumed location of Phase 1, Phase 2 and Phase 3 is
provided in Appendix 1:1 to the Agreement. 

  

	2.18.	 The Premises Lease Period under Long-term Lease Agreement 1 is nine (9) years from the Starting Date of
the Lease Period. 

 The Premises Lease Period under Long-term Agreement 2 shall be determined in the way for the Lease
Period under Long-term Agreement 1 and the Lease Period under Long-term Lease Agreement 2 to end at the same time. Anyway, the Lease Period under Long-term Agreement 2 may not exceed eight (8) years. The Premises Lease Period under
Long-term Lease Agreement 3 is seven (7) years from the Starting Date of the Lease Period under Long-term Lease Agreement 3. 
 In case
the Parties make Long-term Lease Agreement 3, the Lease Period under Long-term Lease Agreement 1 and Long-term Agreement 2 shall be extended until the ending date of Long-term Lease Agreement 3 by signing respective supplementary agreements thereto
by the Parties. 
 The Parties shall sign supplementary agreements for extension of the lease periods under Long-term Agreements 1 and 2
within fifteen (15) business days upon signing the respective Long-term Lease Agreements 2 and 3. 

  
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 Lease Payment: 
  

	2.19.	 The Lease Payment under Long-term Agreement 1 shall consist of the following: 

 

	 	2.19.1.	 Basic Lease Payment calculated based on (excluding VAT): 

 

	 	•	 	 RUB three thousand nine hundred sixty (3,960) per one (1) sq. m of Warehouse Premises 1, including the
additional lease rate of RUB three hundred eighty (380) per 1 sq. m for non-standard improvements of the areas (reinforced floors, ventilation interconnections at 5 elevation mark levels);

  

	 	•	 	 RUB five thousand eight hundred fifty (5,850) per year per one (1) sq. m of Office Premises 1;

  

	 	•	 	 RUB two thousand eight hundred ninety eight (2,898) per year per one (1) sq. m of Mezzanine 1;

  

	 	•	 	 RUB four thousand four hundred thirty (3,430) per year per one (1) sq. m of the Hazardous Goods Area;

  

	 	•	 	 RUB five thousand eight hundred fifty (5,850) per year per one (1) sq. m of the Checkpoint Buildings.

  

	 	2.19.2.	 Operating expenses calculated based on RUB nine hundred ninety (990) per year per one (1) sq. m of
the Premises, excluding VAT. The list of Operating Expenses is specified in Long-term Lease Agreement 1. 

  

	 	2.19.3.	 From the date of signing the Access Certificate by the Parties for Phase 1, Phase 2, and Phase 3 and until
expiration of full four (4) months, the amount of the Operating Expenses shall be determined based on RUB seven hundred forty (740) per year per one (1) sq. m of the Premises, excluding VAT, the amount of the Variable Part of the
Lease Payment (utility charges) – based on compensation of the Lessor’s costs for the actual consumption by the Lessee of: 

  

	 	•	 	 electricity, including capacity (based on the calculation in accordance with the power consumption category
prepared by the resource provider or based on the calculation prepared by the Lessor); 

  

	 	•	 	 thermal energy (heating, hot water supply); 

 

	 	•	 	 water consumption for cold and hot water supply; 

 

	 	•	 	 waste water collection (water discharge). 

The amount of the utility charges shall be determined as the production cost per unit of a utility service (Gcal of heating, 1 sq. m of water
supply and water discharge) for the Lessor multiplied by the actual consumption of the utility service as of the date of signing the respective Universal Acceptance Certificate (UAC) and in the part of electricity – as the power supply
organization’s tariffs multiplied by the actual electricity consumption in the reporting period. The production cost per unit of a utility service is determined by calculation based on the Lessor’s actual costs for production of a unit of
the utility service. The scope of the actually consumed utilities shall be determined based on the readings of the respective metering devices installed within the boundaries of the Premises. 

In case of no utility metering units installed, the scope (amount) consumed utility services shall be determined by calculation in proportion
to the Lessee’s share in the Building. 

  
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 In order to avoid any doubt the Lessor is not entitled to compensate by expenses per one
unit of Utility Payments, namely for water consumption (cold and hot water supply), water removal (receipt of drainage), heat supply (thermal energy), electric power supply, exceeding the average market rates of providers of such utilities per unit
for similar facilities in Yekaterinburg. 
  

	 	2.19.4.	 Parking Fee calculated based on: 

 

	 	•	 	 RUB four thousand (4,000) per month (excluding VAT) per one (1) parking slot for a truck and

  

	 	•	 	 RUB two thousand five hundred (2,500) per month (excluding VAT) per one (1) parking slot for a passenger
vehicle. 

 The Parties have agreed that the Basic Lease Payment shall include use of the areas adjacent to the docks and
the maneuvering areas. 
  

	2.20.	 The Parties have agreed that the rates of the use fee for Premises 2 and/or Lease Payment for Premises 2 will
be determined as a sum of the Lease Payment rates under Long-term Lease Agreement 1 applicable as of the date of signing the Certificate of Transfer for Use for Premises 2 and/or the Acceptance Certificate for Premises 2 and RUB 250 per sq. m per
year, excluding VAT, with indexation, if it has been applied to the Basic Lease Payment rates according to Clause 2.27 of the Agreement, for each Basic Lease Payment rate. 

 

	2.21.	 The Parties have agreed that the rate of the use fee for Premises 3 and/or the Lease Payment for Premises 3
will be determined as equal to the rates of the Lease Payment under Long-term Lease Agreement 1 applicable as of the date of signing the Certificate of Transfer for Use for Premises 3 and/or the Acceptance Certificate for Premises 3.

  

	2.22.	 The Parties have agreed that the Lease Payment shall be charged and paid as follows: 

 

	 	2.22.1.	 Starting from the date of signing the Access Certificate for Phase 1, Phase 2, and Phase 3 and until the date
when full four (4) months are over, the Lessor shall charge and the Lessee shall pay the Variable Part of the Lease Payment and the Operating Expenses in the amount agreed by the Parties in Clause 2.19.2.1 and 2.19.3 of the Agreement.

 The Operating Expenses shall have been paid by the fifteenth
(15th) day of the month following the reporting month. Lack of an issued invoice shall not be a reason for untimely transfer of money under the Agreement. 

The Variable Part of the Lease Payment shall be paid within ten (10) business days (but not before the end of the reporting month) from
the date of receipt by the Lessee of: 
  

	 	•	 	 Invoice; 

  

	 	•	 	 Universal Acceptance Certificate (UAC) for the respective reporting period; 

 

	 	•	 	 Documents containing information on the name, the unit of measure, the cost per unit of measure, the cost by
utility service consumed by the Lessee, calculation of the scope of the utility services consumed in accordance with the readings of the metering devices or, if applicable, by calculation of the area of the Premises in proportion to the Building
area; 

  
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	 	•	 	 Documents confirming the actual tariffs on the Lessor’s costs for providing the Premises with utility
services (copies of the supporting documents from the utility providers). 

  

	 	2.22.2.	 Starting from the fifth (5th) month from signing the
Access Date for Phase 1, Phase 2, and Phase 3 (but not earlier than the date of issuance of permission to the commissioning of the facility), the Lessor shall charge and the Lessee shall pay the Lease Payment in full: Basic Lease Payment, Operating
Expenses, Parking Fee, Variable Part of the Lease Payment, subject to the provisions of Clauses 13.16 and 13.17 of the Agreement. 

The Basic Lease Payment, the Operating Expenses, and the Parking Fee shall be paid by the fifteenth (15th) day of the month following the reporting month. Lack of an issued invoice shall not be a reason for untimely transfer of money under the Agreement. 

The Variable Part of the Lease Payment shall be paid within ten (10) business days (but not before the end of the reporting month) from
the date of receipt by the Lessee of: 
  

	 	•	 	 Invoice; 

  

	 	•	 	 Universal Acceptance Certificate (UAC) for the respective reporting period; 

 

	 	•	 	 Documents containing information on the name, the unit of measure, the cost per unit of measure, the cost by
utility service consumed by the Lessee, calculation of the scope of the utility services consumed in accordance with the readings of the metering devices or, if applicable, by calculation of the area of the Premises in proportion to the Building
area; 

  

	 	•	 	 Documents confirming the actual tariffs on the Lessor’s costs for providing the Premises with utility
services (copies of the supporting documents from the utility providers). 

  

	2.23.	 In case the Lessee may not use the Phase 1 and/or Phase 2 and/or Phase 3 facilities (or a part thereof) as
their condition is not suitable for their intended use for the reasons resulting from the Lessor’s action (or omission), the Lessee shall notify the Lessor of inability to use the Phase 1 and/or Phase 2 and/or Phase 3 facilities (or a part
thereof), shall stop using the Phase 1 and/or Phase 2 and/or Phase 3 facilities (or a part thereof) and shall be entitled not to pay the respective Basic Lease Payment and the Operating Expenses for the period when the Phase 1 and/or Phase 2 and/or
Phase 3 facilities (or parts thereof) are not used. In all the other cases the Lessee shall timely make the Lease Payment in full. 

  

	2.24.	 For the purpose of calculation of the Lease Payment under Long-term Lease Agreement 1, the Leased Area of the
Premises shall be determined based on the results of the measurements by the Cadastral Engineer. 

  

	2.25.	 Unless otherwise specified in the Agreement, all the rates and amounts of the payments specified herein are
given excluding VAT. If in accordance with the laws of the Russian Federation, the payment amounts are subject to VAT, the VAT amount (calculated at the then applicable rate) will be specified in the respective invoice of the Lessor and shall be
paid by the Lessee according to the same procedure as the payment amounts. 

  

	2.26.	 In case the Lessee makes any payment under this Agreement which is subject to VAT, the Lessee shall pay the
respective VAT amount to the Lessor. In case the Lessee compensates the Lessor the costs incurred by the latter, it shall also compensate the Lessor the VAT amount related to such costs. 

  
 11 

	2.27.	 Starting from the 13th month of the lease counted from the
date of signing the Acceptance Certificate for the Premises, the amount of the Basic Lease Payment, the Operating Expenses, the Parking Fee, the Phase 2 Option Payment, the Phase 3 Option Payment, the Security Payment, valid as of the date when the
Lessor sends the indexation notice, are subject to annual indexing in proportion to the Customer Price Index according to the officially published data of the Federal State Statistics Service of Russia for the previous year in relation to the acting
amounts of Basic Lease Payment, Operating Expenses, Parking Fee, Security Payment, but no less than by three percent (3%) and no more than five percent (5%). 

The Lessor shall send a written notice to the Lessee on any change in Basic Lease Payment, The Operating Expenses, the Parking Fee, and the
Security Payment with indication of the new amount of the Basic Lease Payment, the Operating Expenses, the Parking Fee and the Security Payment and the date starting to which the Lessee shall pay the changed Basic Lease Payment, Operating Expenses,
Parking Fee and the Security Payment with a reference to the indexation amount with attachment of a printout from the website of the Federal State Statistics Service of Russia. 

In any case the Lessor’s notice shall be sent at least thirty (30) calendar days before the date of such change. 

The Lessee hereby agrees with the notice of a change in the Basic Lease Payment, the Operating Expenses, the Parking Fee, and the Security
Payment, including its agreement to consider the notice of a change in the Basic Lease Payment, the Operating Expenses, the Parking Fee, and the Security Payment an integral part of the Agreement changing the Lessee’s obligations for payment of
the Basic Lease Payment, the Operating Expenses, the Parking Fee, and the Security Payment starting from the date specified in the notice. 

The Basic Lease Payment, the Operating Expenses, the Parking Fee and the Security Payment in accordance with this Clause shall be unilaterally
changed by the Lessor without any additional consent by the Lessee. 
  

	2.28.	 In case the Lessee is granted access to Premises 2, as confirmed by signing the Access Certificate for Premises
2, the Basic Lease Payment rate under Long-term Lease Agreement 1 provided for in Clause 4.6.1 (a) of Long-term Lease Agreement 1 shall be subject to change by increasing it by RUB five hundred (500) with application of indexation if it has
been applied to the Basic Lease Payment rates under Long-term Lease Agreement 1 according to Clause 4.13 of Long-term Lease Agreement 1: 

  

	2.29.	 In case the Lessee is granted access to Premises 3, as confirmed by signing the Access Certificate for Premises
3, the Basic Lease Payment rate under Long-term Lease Agreement 1 provided for in Clause 4.6.1 (a) of Long-term Lease Agreement 1 shall be subject to change by increasing it by RUB two hundred fifty (250) with application of indexation if it
has been applied to the Basic Lease Payment rates under Long-term Lease Agreement 1 according to Clause 4.13 of Long-term Lease Agreement 1: 

  

	2.30.	 Any other conditions of Long-term Lease Agreement 1 are agreed by the Parties and given, respectively, in the
form of Long-term Lease Agreement 1 (Appendix 3 to the Agreement) being an integral part of the Agreement. 

 3. THE LESSOR’S
CONSTRUCTION OBLIGATIONS 
  

	3.1.	 The Lessor undertakes to carry out Phase 1 construction on the Land Plot for the purpose of Project
implementation in accordance with the ToR, the project documentation of the basic design and detailed design stages and in accordance with the requirements of the applicable laws and the stages and timelines specified in Appendix 1:4 to the
Agreement. 

  

	3.2.	 The Parties have agreed the following dates for Phase 1: 

 

	 	3.2.1.	 The date of granting access to Premises 1 to the Lessee is April 1, 2021 or earlier.

  

	 	3.2.1.1.	 The Lessor shall notify the Lessee of the readiness to grant access to Premises 1 ten (10) business days
before the assumed Access date; 

  
 12 

	 	3.2.1.2.	 Provision of access to Premises 1 shall be formalized by an Access Certificate to be signed by the Parties in
the form of Appendix 2:1 to the Agreement; 

  

	 	3.2.2.	 The date of Phase 1 Building commissioning shall be on or prior to July 1, 2021, 

 

	 	3.2.3.	 The date of registration of the Lessor’s ownership right to the Phase 1 Building shall be
August 1, 2021 or earlier; 

  

	 	3.2.4.	 The date of signing Long-term Lease Agreement 1 shall be at least ten (10) business days from the
date of registration of the Lessor’s title to the Phase 1 Building; 

  

	 	3.2.5.	 The date of Transfer of Premises 1 for Use shall be upon expiration of four (4) calendar months
from signing the Access Certificate by the Parties, but not earlier than the date of receiving a permit for commissioning of Phase 1 Building, and the Parties shall sign the respective Certificate of Transfer for Use for Premises 1;

  

	 	3.2.5.1.	 From the date of signing the Certificate of Transfer for Use for Premises 1 by the Parties and until the date
of signing the Acceptance Certificate for Premises 1 under Long-term Lease Agreement 1, the Use Fee in relation to Premises 1 shall be charged; 

  

	 	3.2.5.2.	 The procedure for charging and paying the Use Fee is determined by Clauses 13.16–13.17 of the Agreement;

  

	 	3.2.6.	 The date of signing the Acceptance Certificate for Premises 1 shall be the same as the date of signing
Long-term Lease Agreement 1 by the Parties; the Acceptance Certificate for Premises 1 shall be signed by the Parties in the form of Appendix 3 to the Agreement; 

 

	 	3.2.7.	 The date of submission of Long-term Lease Agreement 1 for State Registration shall be within five
(5) business days upon signing Long-term Lease Agreement 1. 

  

	 	3.2.8.	 Unless otherwise stipulated by the Agreement, the Parties shall be governed by the timelines specified in this
Clause of the Agreement. 

  

	3.3.	 The Lessor undertakes to timely provide the Lessee with the data on the Contractor with indication of their
contact persons. 

  

	3.4.	 Before signing the Access Certificate provide premises for placement of persons engaged by the Lessee under
Clause 6.2.5 of the Agreement. 

  

	3.5.	 Starting from the date of signing the Access Certificate and until signing Long-term Lease Agreement 1 by the
Parties, the Lessor shall arrange and provide for safe performance of all the work types in the Phase 1 Building and on the Land Plot in accordance with the laws of the Russian Federation. 

 

	3.6.	 The Parties have specially stipulated that any approvals or permits from the competent authorities required for
discharge of the Parties’ obligations under the Agreement shall be received by the Lessor and at the cost of the Lessor. Non-discharge of this obligation by the Lessor shall result in releasing the Lessee
from the need to discharge any cross-obligation before receiving the required permits and approvals from the competent authorities by the Lessor. For the avoidance of doubt, the Parties have agreed that
non-receipt of the required approvals and permits by the Lessor, if this prevents from use of the Phase 1, Phase 2, and Phase 3 facilities by the Lessee, shall result in the Lessee’s right to terminate
the Agreement.15 

  
 13 

	3.7.	 Within three (3) business days upon receipt of the Permit for Commissioning of Phase 1 Buildings, the
Lessor undertakes to deliver a notarized copy of such permits to the Lessee. 

  

	3.8.	 The Lessor undertakes to provide for timely extension of its lease right to the Land Plot.

  

	3.9.	 The Parties have agreed that the project documentation for the Premises prepared by the Lessor (Contractor)
shall be first provided for review, including with regard to layout of the Premises (including the area of the Premises)shall be preliminarily reviewed by the Lessee. The Lessee shall be entitled to claim introduction of changes which do not
contravene the Terms of References into the project documentation for the Premises. 

  

	3.10.	 The Parties have agreed that the changes given in Appendix 1:2 to the Agreement shall be agreed by the Parties
by signing a supplementary agreement to the Agreement. In case any changes in the layouts according to Appendix 1:2 to the Agreement have not been agreed by the Lessee, the Lessee is entitled not to accept the Premises from the Lessor under the
Access Certificate and/or the Acceptance Certificate. 

 4.     ACCESS TO THE PREMISES. LESSEE’S WORKS

  

	4.1.	 For the purpose of preparation of Premises 1 for their further leasing by the Lessee and conducting the
Lessee’s Works, the Lessor undertakes within the timelines provided for in Clause 3.2.1 of the Agreement grant the Lessee access to Premises 1 for conducting the Lessee’s Works. 

 

	 	4.1.1.	 The Lessor grants the access to the Lessee for the period of four (4) months upon the date of signing the
Access Certificate. 

  

	4.2.	 The Lessor undertakes to ensure the required scope of construction readiness of the Building (including the
Premises and the utilities) agreed by the Parties and set forth in Appendix 1:5 to the Agreement at the time of granting the access. Granting access to the Premises shall be formalized by an access certificate (hereinbefore and hereinafter referred
to as the “Access Certificate”) to be signed by the Parties in the form of Appendix 2:1 to the Agreement on the date of access provision. 

  

	4.3.	 The Lessor shall notify the Lessee of the readiness to transfer the Premises under the Access Certificate at
least 10 business days before the assumed date of signing the Access Certificate. 

  

	4.4.	 The Lessee is entitled not to sign the Access Certificate in case of any major defects preventing from
conducting the Lessee’s Works in the Premises, such as incompliance of the construction readiness scope with Appendix 1:5 to the Agreement and Clause 3.2.1 of the Agreement. 

 

	4.5.	 In case the Lessor has not received a motivated refusal to sign the Access Certificate from the Lessee within
seven (7) business days upon its receipt by the Lessee, the Access Certificate shall be deemed duly signed. 

  

	4.6.	 The Lessor will not prevent the Lessee from access to the Premises after signing the Access Certificate,
subject to due discharge of the Lessee’s obligations under the Agreement. 

  

	4.7.	 Starting from the date of granting the access (the date of signing the Access Certificate), the Lessee shall:

  

	 	4.7.1.	 observe the applicable laws, the requirements of the competent authorities/organizations and the Lessor with
regard to the Premises and/or their use; 

  

	 	4.7.2.	 Not conduct, without prior agreement by the Lessor, any of the Lessee’s Works which:

  

	 	•	 	 affect the load-bearing structures of the Building; 

  
 14 

	 	•	 	 affect appearance of the Building, including placement of façade signs; 

 

	 	•	 	 affect the key utilities of the Building; 

 

	 	•	 	 affect the internal partitions of the Building; 

 

	 	•	 	 result in hindered access to the Land Plot, its digging up, disturbance of coating, additional fencing,
generation of embankments and changes in the purpose of the special areas on it (parking, garbage collection spaces, smoking spaces, etc.). 

  

	 	4.7.3.	 pay the Variable Part of the Lease Payment and the Operating Expenses on the conditions determined herein.

  

	 	4.7.4.	 Prior to the start of the Lessee’s Works in the Premises as per the requirements of Clause 4.7.2 of the
Agreement, the Lessee shall submit to the Lessor for review and coordinate with the Lessor the following: 

  

	 	•	 	 the technical documentation regarding the planned works (drawings, diagrams, specifications, if applicable)

  

	 	•	 	 the work plan in case the Lessee’s Works may interfere with the Lessor’s works hereunder;

  

	 	•	 	 other documents related to the Lessee’s Works, taking into consideration the requirements of Clause 4.7.2 of
the Agreement, which may be required for agreement by the Lessor. 

 The Lessor shall, within five (5) business days,
agree upon the Lessee’s Works and may not refuse to review and agree upon such documentation and works without reason. 
 The Lessor,
as a professional in its field, guarantees any assistance to the Lessee in preparation and improvement of the technical documentation and the plan of the Lessee’s Works which may interfere (be conducted at the same time and place) with the
Lessor’s Works. 
  

	 	4.7.5.	 In case the Lessee or any third party engaged by the Lessee causes any damage to the Lessor and/or the
Lessor’s employees as a result of conducting the Lessee’s Works, compensate the damage in full within ten (10) business days upon filing the Lessor’s claim and the documents confirming the scope of the damage caused;

  

	 	4.7.6.	 Notify the Lessor of any defects in and damage to the Premises and/or the Building of which the Lessee became
aware in the course of conducting the Lessee’s Works; 

  

	 	4.7.7.	 Not prevent the Lessor from exercising continuous control over performance of the Lessee’s Works without
interfering with its activities. 

  

	4.8.	 Upon expiry of four (4) months from signing the Access Certificate: 

 

	 	4.8.1.	 in case of the Lessor’s registered ownership right to the Phase 1 Building, but not before signing
Long-term Lease Agreement 1, the Lessee undertakes to sign the Acceptance Certificate for Premises 1. 

 The Lessor shall
notify the Lessee of the readiness to transfer Premises 1 under the Acceptance Certificate for Premises 1 at least five (5) business days before the assumed date of signing the Acceptance Certificate for Premises 1. 

The Lessee is entitled not to sign the Acceptance Certificate for Premises 1 in case of any Major Defects or major incompliance with the ToR,
as defined in Clause 4, Appendix 1:3 to the Agreement. 

  
 15 

 In case the Lessor has not received a motivated refusal to sign the Acceptance Certificate
for Premises 1 from the Lessee within five (5) business days upon its receipt by the Lessee, the Acceptance Certificate for Premises 1 shall be deemed duly signed. 
  

	 	4.8.2.	 in case of no registered ownership right of the Lessor to the Building, but not before receiving the permit for
Phase 1 Building commissioning by the Lessor, the Lessee undertakes to sign the Certificate of Transfer for Use for Premises 1. 

The Lessor shall notify the Lessee of the readiness to transfer Premises 1 under the Certificate of Transfer for Use for Premises 1 at least
five (5) business days before the assumed date of signing the Certificate of Transfer for Use for Premises 1. 
 The Lessee is
entitled not to sign the Certificate of Transfer for Use for Premises 1 in case of any Major Defects or major incompliance with the TOR, as defined in Clause 4, Appendix 1:3 to the Agreement. 

In case the Lessor has not received a motivated refusal to sign the Certificate of Transfer for Use for Premises 1 from the Lessee within five
(5) business days upon its receipt by the Lessee, the Certificate of Transfer for Use for Premises 1 shall be deemed duly signed. 
  

	 	4.8.3.	 The timelines for elimination of Major Defects shall not exceed forty five (45) business days, unless
otherwise agreed by the Parties. In case the Major Defects are not eliminated in time, the Lessee is entitled to unilaterally terminate the Agreement. 

The timelines for elimination of Minor Defects shall not exceed thirty (30) business days, unless otherwise agreed by the Parties. 

In case of violation of the timelines for elimination of the Minor Defects, the Lessee is entitled to claim payment of a penalty in the amount
of zero point one percent (0.1%) of the monthly ease Payment for each day of delay, starting from the first day of the delay and until the tenth day of the delay or the date on which the violation is rectified (inclusive), whichever is earlier. 

5. SIGNING THE LEASE AGREEMENT 
  

	5.1.	 The Lessor shall, within five (5) business days upon registration of the right to the Phase 1 Building,
prepare five (5) copies of Long-term Lease Agreement 1, sign these copies and transfer them to the Lessee. 

  

	5.2.	 Long-term Lease Agreement 1 shall contain the conditions specified in Appendix 3 to the Agreement. The Parties
may not include in the copies of Long-term Lease Agreement 1 any conditions not provided for in Appendix 3 to the Agreement, except the cases specified in Clause 5.3 of the Agreement, unless otherwise agreed by the Parties. 

 

	5.3.	 The Lessor shall specify in Long-term Lease Agreement 1 the area of the Premises in accordance with the
technical records of the Premises, provided that the data contained in the above-mentioned documents are in compliance with the Terms of Reference. 

  

	5.4.	 In case of any gaps in Appendix 3, the Lessor shall specify in Long-term Lease Agreement 1 the data for which
the respective gaps were indicated as [●] have been left. The data specified shall be true as of the time of the time of preparation of the copies of Long-term Lease Agreement 1. 

 

	5.5.	 The Lessee shall, within five (5) business days upon receipt of signed Long-term Lease Agreement 1 from
the Lessor, confirm in writing compliance of the text of Long-term Lease Agreement 1 with the Agreement conditions or deliver to the Lessor a list of the identified incompliances of the text of Long-term Lease Agreement 1 with the Agreement
conditions. 

  
 16 

	5.6.	 In case of receiving the list of incompliances specified in Clause 5.5 of the Agreement, the Lessor shall,
within five (5) business days upon receipt of the above-mentioned list, repeatedly prepare five (5) copies of Long-term Lease Agreement 1, taking into consideration the Lessee’s comments, sign them, and transfer them to the Lessee.

  

	5.7.	 In case of no comments regarding the received texts of Long-term Lease Agreement 1, the Lessee shall, within
five (5) business days upon their receipt, sign the received texts of the Lease Agreement and return to the Lessor four copies of Long-term Lease Agreement 1. When signing Long-term Lease Agreement 1, the Lessee shall specify the date on which
they are actually signed in them. The date of signing Long-term Lease Agreement 1 shall not be later than the date of signing the Acceptance Certificate for Premises 1. 

 

	5.8.	 The Lessee may only refuse to sign Long-term Agreement 1 in accordance with Clause 5.5 of the Agreement in case
of its incompliance with the requirements of Clause 5.3 or Clause 5.4. of the Agreement. 

  

	5.9.	 If on the date specified in Clause 3.2.4 of the Agreement, the Parties do not enter into Long-term Agreement 1
for the reasons not related to the Lessee’s guilty acts and/or omission, the Lessee will be entitled to: 

  

	 	5.9.1.	 Unilaterally set the new date for making Long-term Lease Agreement 1 in no less than one (1) month and no
more than three (3) months of which it shall notify the Lessor in writing. 

  

	 	5.9.2.	 In case Long-term Lease Agreement 1 is not made on the new date, the Lessee shall be entitled to claim
compensation of the Lessee’s costs resulting from untimely execution of Long-term Lease Agreement 1 by the Lessor. 

  

	 	5.9.3.	 In case the Parties do not make Long-term Agreement 1 in eleven (11) months upon the date specified in
Clause 3.2.4 of the Agreement for any reasons not related to the Lessee’s guilty acts and/or omission, the Lessee will be entitled to unilaterally terminate Preliminary Lease Agreement 1 without recourse to a court 

6. RIGHTS AND OBLIGATIONS OF THE PARTIES 
  

	6.1.	 In accordance with the Agreement, the Lessee shall: 

 

	 	6.1.1.	 Make all payments in the amount and in the manner provided for by the Agreement. 

 

	 	6.1.2.	 Confirm the receipt from the Lessor of access and the possibility of using the Premises for the purpose of
carrying out the Lessee’s Works by signing the Access Certificate in the form given in Appendix 2:1 to the Agreement. 

  

	 	6.1.3.	 Comply with technical, sanitary, construction, fire prevention and other requirements usually imposed on the
use of non-residential warehouse-type premises as part of their operational responsibility. 

  

	 	6.1.4.	 Enter into the Long-term Lease Agreement with the Lessor in accordance with the terms and conditions of the
Agreement. 

  

	 	6.1.5.	 Discharge any other obligations stipulated by the Agreement. 

 

	6.2.	 The Lessee may: 

  

	 	6.2.1.	 Claim from the Lessor fulfillment of all the actions related to performance of the Agreement, including those
which are not directly specified in the Agreement, but are required to achieve the purpose of the Agreement and implement the Project. 

  
 17 

	 	6.2.2.	 The Lessee shall be entitled at any time to visit the Premises before the Access Date and compose a list of
defects for the Lessor to complete the Lessor’s Works by the time of signing the Acceptance Certificate. 

  

	 	6.2.3.	 Receive from the Lessor in a timely manner detailed information regarding the stage of discharge of the
Lessor’s obligations under the Agreement (including registration of the Lessor’s long-term lease right to the Land Plot). 

  

	 	6.2.4.	 Receive comments, clarifications, consultations from the Lessor on all issues related to the construction of
Phase 1, Phase 2, and Phase 3, connecting the Premises to public utilities and facilities, registration of the Lessor’s long-term lease right to the Land Plot. 

 

	 	6.2.5.	 Personally or with the help of consultants / other external or internal experts, check (based on documents and
facts) the process of discharge of the Lessor’s obligations under the Agreement, the compliance of the Project and Detailed Design Documentation with the Terms of Reference and the applicable rules and regulations, participate in the acceptance
of phases and works (including hidden ones) without interference in the construction activities of the Lessor. 

  

	 	6.2.6.	 Require the Lessor to provide documents and information regarding the operation of facilities (including
technical specifications, certificates of delineation of responsibility for the networks and engineering equipment, passports, warranty coupons and instructions for operating engineering equipment, utility line diagrams, etc.). The transfer of such
documentation shall be carried out under a separate written acceptance certificate. 

  

	 	6.2.7.	 Exercise other rights provided for by the Agreement and the applicable laws. 

 

	6.3.	 In accordance with the Agreement, the Lessor shall: 

 

	 	6.3.1.	 Discharge the obligations for development and agreement upon the project documentation of the basic design and
detailed design stages, agreement upon certain technical documentation and parameters with the Lessee, construction and preparation of the Buildings and the Premises for lease in the scope (including without limitation) and within the timelines in
accordance with Appendices 1:3 and 1:4 to the Agreement. The project documentation of the basic design and detailed design stages may be transferred to the Lessor in sections to order to speed up the agreement upon it. 

 

	 	6.3.2.	 In case the Lessor or any third party engaged by the Lessor causes any damage to the Lessee and/or the
Lessee’s employees as a result of conducting the Lessor’s Works, compensate the damage in full within ten (10) business days upon filing the Lessee’s claim and the documents confirming the scope of the damage caused.

  

	 	6.3.3.	 Ensure availability of separate electricity and cold and hot water metering devices in the Premises.

  

	 	6.3.4.	 Ensure performing any legal acts required to provide for utility resources and capacities for the Premises.

  

	 	6.3.5.	 Consult the Lessee on all the concerns the Lessee might have with respect to the Works, provision for utility
resources and capacities for the Premises, works in the Premises to be carried out by the Lessee, and any other technical issues related to implementation of the Project. 

 

	 	6.3.6.	 Timely notify the Lessee of inability to discharge the obligations / a part of the obligations under the
Agreement; 

  

	 	6.3.7.	 Within maximum five (5) business days upon the day of receiving an electronic or a written request from
the Lessee, provide the requested documents and data related to discharge of the Lessor’s obligations under the Agreement. 

  
 18 

	 	6.3.8.	 Provide for admission of persons engaged by the Lessee in accordance with Clause 6.2.5 of the Agreement and
provide information upon their request within a reasonable time. 

  

	 	6.3.9.	 Provide for removal of the overhead power transmission line from the Land Plot in accordance with Specification
No. ... dated February ... for removal of overhead power transmission line 10 kV possessed by UZGA JSC from the construction territory of PSK-Evro-Dom LLC (or any
other documents issued to replace the above-mentioned Specification No. ... dated ...). 

  

	 	6.3.10.	 Provide for (arrange) unhindered access of the Lessee to the Land Plot. 

 

	 	6.3.11.	 discharge any other obligations stipulated by this Agreement and the laws of the Russian Federation.

  

	6.4.	 The Lessor may: 

  

	 	6.4.1.	 Timely receive from the Lessee the Lease Payment and any other payments in accordance with the Agreement
conditions. 

  

	 	6.4.2.	 Receive from the Lessee explanations and comments regarding the Terms of Reference. The Lessee shall provide
such explanations and comments to the Lessor within two (2) business days upon receipt of the respective request from the Lessor. In case no explanations and comments are provided upon the Lessor’s request, the latter shall independently
take a decision regarding further implementation of the Project without deviation from the Terms of Reference, the Project Documentation, and the applicable laws. 

The Lessor’s requests and the Lessee’s comments shall be sent by the Parties to the email addresses specified in Clause 11.12.3 of
the Agreement. 
 The Lessor may send its request from any other email address making it possible to reliably identify the sender, but
anyway the Lessor’s outgoing correspondence shall contain the address like an employee’s last name in Latin characters .... 

The Lessor’s request shall be sent to the email address (addresses) of the Lessee specified in Clause 11.12.3 of the Agreement. The
Lessee’s explanations and comments to the Lessor’s request shall be sent solely from the email addresses specified in Clause 11.12.3 of the Agreement. 

If required, the Lessor may request the Lessee’s written response to the request in a hard copy certified by signature of the person
specified in Clause 11.2.1 of the Agreement, and the Lessee shall provide it within five (5) business days upon receipt of such a request from the Lessor. The Lessor’s right to request a written response does not imply the Lessor’s
right to suspend implementation of the Project (without deviation from the Terms of Reference, the Design Documentation, and the applicable law) until receipt of the respective written response from the Lessee. 

 

	 	6.4.3.	 Demand observance of the Agreement conditions by the Lessee. 

 

	 	6.4.4.	 Exercise other rights provided for by the Agreement and the applicable laws. 

7. SECURING THE LESSOR’S OBLIGATIONS 
  

	7.1.	 The Lessee undertakes, within ten (10) business days upon signing the Agreement, transfer to the Lessor a
security payment in the amount of RUB thirty-seven million five hundred thousand (37,500,000), excluding VAT. 

  

	7.2.	 The Lessee undertakes, within ten (10) business days upon the date of signing Preliminary Lease Agreement
2, Preliminary Lease Agreement 3, respectively, transfer to the Lessor a security payment in the amount of: 

  

	 	7.2.1.	 For Phase 2 – equal to the amount of the Basic Lease Payment, the Operating Expenses, and the Parking Fee
for two months of the lease; 

  

	 	7.2.2.	 For Phase 3 – equal to the amount of the Basic Lease Payment, the Operating Expenses, and the Parking Fee
for two months of the lease. 

  
 19 

	7.3.	 Security payment is a method of securing due discharge of the monetary obligations under the Agreement by the
Lessee and a method of securing due discharge of the Lessee’s obligations to make the lease payment under the Lease Agreement provided for by Article 381.1 of the Civil Code of the Russian Federation. No interest shall be charged on the amount
of the Security Payment and no indexation of the Security Payment is provided for. 

  

	7.4.	 At the time of signing the Long-term Lease Agreement, the Security Payment made by the Lessee shall be offset
by the Parties towards discharge of the Lessee’s duty to make monthly payments for the first and the last months of the lease. 

8. TERMINATION. TERMINATION PROCEDURE. LIABILITY OF THE PARTIES 
  

	8.1.	 The Agreement ceases to be effective in the following cases: 

 

	 	8.1.1.	 The Parties’ mutual agreement regarding termination of the Agreement. 

 

	8.2.	 In case of violation of the timelines for granting access to Premises 1 to the Lessee specified in Clause 3.2.1
of the Agreement, the Lessee shall be entitled to claim payment of a penalty in the amount of: 

  

	 	•	 	 zero point one percent (0.1%) of the annual Lease Payment for each day of the delay, starting from the first day
of the delay and until the tenth day of the delay inclusive or until the date of elimination of the violation inclusive, whichever is earlier; 

  

	 	•	 	 zero point five percent (0.5%) of the annual Lease Payment for each day of the delay, starting from the eleventh
day of the delay and until the thirtieth day of the delay inclusive or until the date of elimination of the violation inclusive, whichever is earlier; 

  

	 	•	 	 one percent (1.0%) of the annual Lease Payment for each day of the delay, starting from the thirty first day of
the delay and until the fortieth day of the delay inclusive or until the date of elimination of the violation inclusive, whichever is earlier; 

  

	 	•	 	 two percent (2.0%) of the annual Lease Payment for each day of the delay, starting from the forty first day of
the delay and until the seventieth day of the delay inclusive or until the date of elimination of the violation inclusive, whichever is earlier; 

  

	 	•	 	 three percent (3.0 %) of the annual Lease Payment for each day of the delay, starting from the seventy first day
of the delay and until the date of elimination of the violation inclusive or until the date of termination of the Agreement, whichever is earlier. 

  

	8.3.	 In case of violation of the timelines for receiving a permit for commissioning of the Building specified in
Clause 3.2.2 of the Agreement, the Lessee shall be entitled to claim payment of a penalty in the amount of: 

  

	 	•	 	 zero point one percent (0.1%) of the annual Lease Payment for each day of the delay, starting from the thirty
first day of the delay and until the ninetieth day of the delay inclusive or until the date of elimination of the violation inclusive, whichever is earlier; 

  

	 	•	 	 one percent (1.0%) of the annual Lease Payment for each day of the delay, starting from the ninety first day of
the delay and until the one hundred fiftieth day of the delay inclusive or until the date of elimination of the violation inclusive, whichever is earlier; 

  

	 	•	 	 two percent (2.0%) of the annual Lease Payment for each day of the delay, starting from the one hundred fiftieth
first day of the delay and until the two hundred tenth day of the delay inclusive or until the date of elimination of the violation inclusive, whichever is earlier; 

 

	 	•	 	 three percent (3.0 %) of the annual Lease Payment for each day of the delay, starting from the two hundred
eleventh day of the delay and until the date of elimination of the violation inclusive or until the date of termination of the Agreement, whichever is earlier. 

  
 20 

	8.4.	 The Lessee shall be entitled to unilaterally repudiate the Agreement without court proceedings in the following
cases: 

  

	 	•	 	 in case the Lessee has not been granted access to the Premises within the timelines specified in this Agreement
by more than four (4) months for any reasons beyond the Lessee’s control; 

  

	 	•	 	 in case of a delay in receiving a permit for commissioning of the Building, as provided for in Clause 3.2.2 of
the Agreement by more than nine (9) months for any reasons beyond the Lessee’s control; 

  

	 	•	 	 in case the Premises have been caused direct damage not through the Lessee’s fault and, therefore, more than
20% of the total area of the Premises (less the area of the Office Premises) becomes fully unsuitable for their use in accordance with the intended purpose and the damage is not eliminated within two (2) months upon confirmation of the damage
by the Parties; 

  

	 	•	 	 in other cases expressly provided for by the Agreement. 

 

	8.5.	 In case of violation of the timelines for provision of the Security Payment by the Lessee, the Lessor shall be
entitled to claim payment of a penalty in the amount of one percent (1.0%) of the monthly Lease Payment for each day of the delay until the date of elimination of the violation inclusive. 

 

	 	8.5.1.	 In case of a delay in transfer of the Security Payment by the Lessee by more than thirty (30) calendar
days, the Lessor may terminate the Agreement. 

  

	8.6.	 In case of a delay in making lease payment or any other payments provided for herein, the Lessor shall be
entitled to claim payment of a penalty in the amount of zero point one percent (0.1%) of the monthly Lease Payment for each day of the delay. 

  

	8.7.	 In case of the Lessee’ unmotivated refusal to sign the Long-term Lease Agreement (for reasons not provided
for by Clause 5.8 of the Agreement), the Lessor may claim payment of a penalty in the amount of: 

  

	 	•	 	 three percent (3.0 %) of the annual Lease Payment for each day of the delay, starting from the sixth day of the
delay and until the date of elimination of the violation inclusive or until the date of termination of the Agreement, whichever is earlier. 

  

	8.8.	 Any penalties provided for by the Agreement shall be paid by the guilty Party based on the other Party’s
written request within ten (10) business days upon receipt of the claim. 

  

	8.9.	 The Parties may not unilaterally repudiate the Agreement without recourse to a court, except for the reasons
provided for by the Agreement. 

  

	8.10.	 With respect to everything else not stipulated by the Agreement, the Parties shall be liable for non-performance and/or improper performance of their obligations hereunder pursuant to the laws of the Russian Federation. 

  

	8.11.	 After termination of the Agreement for any reason the Parties will carry out reconciliation of payments. All
the financial settlements shall be carried out by the Parties within thirty (30) calendar days upon the date of termination of the Agreement. 

  

	8.12.	 The Lessor shall not be entitled to retain any movable assets of the Lessee placed in the Premises under any
circumstances, except presence of an enforceable court ruling, to secure any payment obligations of the Lessee assumed by it under the Agreement and/or the Long-term Lease Agreement. 

 

	8.13.	 In case of violation of the timelines for submission of the Project Documentation for the Basic Design Stage
according to Appendix 1:4 to the Agreement for more than fifteen (15) days, charging the Basic Lease Payment (Clause 2.19 of the Agreement) shall be shifted in proportion to the number of the days of delay by the Lessor. 

  
 21 

 9. INSURANCE 
  

	9.1.	 Before receiving a permit for commissioning of the Building, the Lessor shall independently buy or cause buying
by the General Contractor package insurance against construction and installation risks, including the risk of accidental loss of or damage to construction and installation object for the total contract value of the works and the materials. The
franchise shall not exceed RUB three million (3,000,000). 

  

	9.2.	 Starting from the date of signing the Access Certificate and before receiving a permit for commissioning of the
Building, the Lessor also undertakes to independently buy a civil liability insurance certificate against the risks related to construction and installation works, including the risk of liability to third parties for their injury, death or damage to
their property as result of construction and installation works, with the liability limit of at least RUB five hundred million (500,000,000), with the liability limit for each insurance event of at least RUB fifty million (50,000,000). The franchise
shall not exceed RUB three hundred thousand (350,000). 

  

	9.3.	 From the date of signing the Access Certificate the Lessee shall execute and maintain a package insurance
against construction and installation risks: 

  

	 	9.3.1.	 Risk of accidental loss of and/or damage to facilities under construction and installation (“Tangible
Damage”) for the total contractual value of the works and the materials. The franchise shall not exceed RUB three million (3,000,000). 

  

	 	9.3.2.	 Risk of liability to third parties for their injury, death or damage to their property as a result of
construction and installation works (“Liability Insurance”) with the minimum liability limit of RUB five hundred million (500,000,000) for all insurance events and each of them. The Franchise shall not exceed RUB one million five hundred
thousand (1,500,000) and shall only apply to property damage. 

  

	9.4.	 All the insurance agreements specified above shall be provided by an insurance company whose rating is at least
ruA+ (Expert RA). 

  

	9.5.	 All the above-mentioned insurance agreements specified above shall contain provisions preventing the
Lessor’s and or the Lessee’s insurance company to recover from the Lessee and/or the Lessor by way of subrogation or otherwise, any losses or compensation of damage on the insurance events provided for by such insurance agreements.

  

	9.6.	 Property insurance on the “all risks” basis implies coverage of damage to property resulting from an
external and accidental impact, including without limitation the following risks: 

  

	 	•	 	 fire, lightning stroke, gas explosion; 

 

	 	•	 	 natural calamities; 

  

	 	•	 	 damage by water; 

  

	 	•	 	 explosion; 

  

	 	•	 	 theft with trespassing – events qualified by the law enforcement authorities according to clause b of Part 2
of Article 158 (theft with trespassing of premises or any other storage facilities); 

  

	 	•	 	 robbery – events qualified by the law enforcement authorities according to paragraph d of Part 2 of Article
161 of the Criminal Code of the Russian Federation; 

  

	 	•	 	 robbery with violence – events qualified by the law enforcement authorities according to Article 162 of the
Criminal Code of the Russian Federation; 

  
 22 

	 	•	 	 improper activities of third parties (improper activities under this certificate of insurance mean willful
activities aimed at destruction of / damage to the insured property which may be classified under the Criminal Code of the Russian Federation as: intentional destruction of or damage to property (Article 167 of the Criminal Code of the Russian
Federation), hooliganism (Article 213 of the Criminal Code of the Russian Federation), vandalism (Article 214 of the Criminal Code of the Russian Federation); 

 

	 	•	 	 falling piloted flying objects or parts thereof on the insured property; 

 

	 	•	 	 running-down accidents. 

10. FORCE MAJEURE 
  

	10.1.	 Each of the Parties shall be released from liability for full or partial failure to perform its obligations
under the Agreement, if such failure has been caused by Force Majeure Events having occurred after making the Agreement. The release of liability refers only to the obligations whose duly performance has become impossible due to such Force Majeure
Events and only for the duration period of the Force Majeure Events. 

  

	10.2.	 A Party that refers to force majeure events shall immediately after occurrence of such events notify the other
Party of them in writing. 

  

	10.3.	 In case the Force Majeure Events last for more than three (3) months or there are reasonable grounds to
suppose that the Force Majeure Events will last for more than three (3) months and in case the Force Majeure Event is a regulatory act issued by the Russian Federation making performance of the Agreement impossible, the Parties undertake to
start negotiations and amend the Agreement in such a way that the Parties could continue performance of their obligations hereunder and in the way closest to the initial intentions of the Parties. 

11. NOTICES 
  

	11.1.	 Any notices, approvals, consents, permits, and other messages related to the Agreement shall be in writing and
shall be delivered by registered mail with acknowledgement of receipt or by courier to the address of the respective party specified in the Agreement. 

  

	11.2.	 The Parties’ mailing addresses: 

 

	 	11.2.1.	 Address for mailing by Russian Post: 

 

			
	The Lessor:	  	The Lessee:
		
	Adva LLC	  	Internet Solutions LLC
		
	Mailing address: 1 Logopark Street, building 1, Lenina village, Aksay district 346703, Rostov region	  	Mailing address: 10 Presnenskaya nab, unit 1, floor 41, room 6, Moscow 123112
		
	Attention: General Director	  	Attention: Supply Chain Director

  

	 	11.2.2.	 For sending by courier (express delivery): 

 

			
	The Lessor:	  	The Lessee:
		
	Adva LLC	  	Internet Solutions LLC

  
 23 

	 	11.2.3.	 For emailing: 

  

			
	The Lessor:	  	The Lessee:
		
	Adva LLC	  	Internet Solutions LLC

  

	11.3.	 In case of a change in a Party’s mailing address, it shall immediately notify the other Party of the
change. 

  

	11.4.	 Any messages shall be valid starting from the date of delivery to the respective mailing address.

 12. CONFIDENTIALITY 
  

	12.1.	 Each of the Parties agrees not to use for any purposes not related to performance of the Agreement and not to
disclose to third parties (except as provided for by Clause 12.2 of the Agreement) any terms and conditions hereof or any other documents related to then without a prior written consent of the other Party. 

 

	12.2.	 The limitations set in Clause 12.1 of the Agreement do not refer to disclosing any information:

  

	 	12.2.1.	 if such information shall be disclosed according to the applicable laws; 

 

	 	12.2.2.	 upon request of any other competent authority/organization, it is required according to the applicable Russian
laws; 

  

	 	12.2.3.	 to the Party’s professional advisers or auditors; 

 

	 	12.2.4.	 to any persons engaged by the Lessee for implementation of the Project. 

 

	12.3.	 The Parties have agreed that the Project Documentation, the Detailed Design Documentation, and any other
technical documents on the Agreement shall be used by the Parties solely as a part of implementation of the Project and shall not be used for any other purposes. 

13. MISCELLANEOUS 
  

	13.1.	 The Agreement shall enter into force upon its signing by the Parties (taking into consideration certain
conditions of the Agreement entering into force on any other date) and shall be valid until complete discharge of the Parties’ obligations under the Agreement. 

The Parties have agreed that the conditions of Section 2 of the Agreement with regard to the Phase 2 Option and Phase 3 Option remain in
force after signing Long-term Lease Agreement 1 by the Parties (Appendix 3 to the Agreement). 
  

	13.2.	 Neither Party is entitled to transfer its rights and obligations under the Agreement (as a whole or in part)
without the other Party’s prior written consent. 

  

	13.3.	 By signing the Agreement the Lessor gives its written consent that the Lessee may sublease the Premises or a
part thereof (subject to a written notice to the Lessor ten (10) calendar days before the sublease) in case of a sublease to the Lessee’s Affiliate (including the following entities: Internet Logistics LLC (OGRN 1076949002261, INN
6949003359) and Ozon Holding LLC (OGRN 5167746332364, INN 7743181857)). 

  

	13.4.	 In the Agreement the “Lessee’s Affiliate” means a legal entity in which more than 51% of
interests/shares are owned by the Lessee / the Lessee’s founders/members. 

  

	13.5.	 The Lessee is granted a preemptive right to enter into long-term lease agreements with regard to the Phase 1
Building, the Phase 2 Building, and the Phase 3 Building for a new period, subject to a notice to the Lessor at least twelve (12) months before the end of the lease period under the respective long-term lease agreement. If the Lessee provides
such a notice, the Lessee and the Lessor will conduct a bona-fide negotiation for agreement upon the conditions for a new lease period and making a new lease agreement, which shall be entered into (subject to the Parties’ agreement) at least
nine (9) months before the end of the lease period under the respective long-term lease agreement. 

  
 24 

	13.6.	 Each of the Parties shall confirm and guarantee the other Party that: 

 

	 	13.6.1.	 it has received all the approvals and permits provided for by the foundation documents and the applicable Laws
of the Russian Federation required for execution and due performance of the Agreement; 

  

	 	13.6.2.	 the persons having signed the Agreement for each of the Parties are duly authorized and act in the interest of
each of the Parties and in accordance with the foundation documents and the applicable laws. 

  

	13.7.	 The Parties confirm to each other that by the time of execution of the Agreement, the Long-term Lease Agreement
for Phase 1, the Preliminary Lease Agreement for Phase 2, the Preliminary Lease Agreement for Phase 3, the long-term Lease Agreement for Phase 2, the Long-term Agreement for Phase 3, they will have received all the corporate approvals required for
making the specified transactions in accordance with the applicable laws and the internal corporate documents of each of the Parties. 

  

	13.8.	 The Lessor provides the Lessee with the representations (as provided by Article 431.2 of the Civil Code) given
in this Section 13 of the Agreement (Lessor’s Representations) and acknowledges that the Lessee has entered into the Agreement with reliance on the Lessor’s Representations and their accuracy. The Parties have come to an agreement
that the Lessor’s Representations and provision of the Lessee’s accurate Representations shall be a material condition of the Agreement. Ensuring accuracy of the Lessor’s Representations as of the Agreement Date and for the period of
its validity is the Lessor’s responsibility. The Lessor hereby represents that: 

  

	 	13.8.1.	 As of the date of signing the Agreement the Lessor represents that the Land Plot is not in dispute (including
on the matter of law) or under arrest (seizure), no recourse is taken against the Land Plot, the Land Plot has not been contributed to the authorized capital of a legal entity, placed in trust, transferred to a fund, as a contribution or to joint
operations of a simple partnership, the Land Plot is not under prohibition of registration activities in the authority responsible for state registration of rights to real estate, the Land Plot is free from any other encumbrances and restrictions,
including the Land Plot is not charged or servient, regardless to indication of the encumbrances in the Unified State Register of Immovable Property (i.e. data which are not recorded in the Unified State Register of Immovable Property, but exist).

  

	 	13.8.2.	 On the date of signing the Agreement the Lessor represents that the time of permitted use of the Land Plot will
match the permitted use for the purposes of Project implementation. 

  

	 	13.8.3.	 The Lessor confirms that it has obtained the lease right to the Land Plot in full compliance with the
applicable laws. The Lessor is not aware of any reasons for disputing the Lessor’s lease rights to the Land Plot. 

  

	13.9.	 The Lessor also provides warranties that: 

 

	 	13.9.1.	 As of the date of signing the Acceptance Certificate, the Premises are duly commissioned in accordance with the
laws of the Russian Federation and meet all the applicable construction rules and regulations and the purpose and are not subject to any other lease agreements, except the Agreement. 

 

	 	13.9.2.	 As of the Agreement Date, it has all the required permits, licenses, and any other required documents for
construction of the Premises, has obtained and/or will obtain all the required approvals of the governmental or municipal and other competent authorities. 

  
 25 

	 	13.9.3.	 The Lessor observes all the requirements of the laws regarding sanitary, fire, environmental, and construction
safety. 

  

	 	13.9.4.	 Any limitations or encumbrances which may be established with regard to the Land Plot and/or the Premises in
the future (reasonably depending on the Lessor) will not have an impact on the Lessee’s activities in the Premises in accordance with the Agreement. 

  

	13.10.	 When interpreting the Agreement, it shall be taken into account that: 

 

	 	13.10.1.	 if a Party’s approval or consent is required, they shall be only deemed valid if given in writing;

  

	 	13.10.2.	 days means calendar days, except when business days are specifically mentioned in the Agreement;

  

	 	13.10.3.	 the words “including”, “include”, “inter alia” are considered without limitation
of interpretation to those listed; 

  

	 	13.10.4.	 the headings of clauses of and Appendices to the Agreement are given for convenience only and shall not be used
to interpret the contents of the Agreement; 

  

	 	13.10.5.	 unless the context indicates otherwise, any reference to the clause or Appendix means a reference to the
relevant Clause of or Appendix to the Agreement; 

  

	 	13.10.6.	 references to “expenses” include any reasonable losses, damage and properly incurred expenses and
costs confirmed by documents, but do not include loss of profit; 

  

	13.11.	 Unless otherwise expressly stated herein, each Party shall perform its obligations at its own expense.

  

	13.12.	 If any provision of the Agreement is deemed by a court resolution or otherwise invalid, unlawful or
unenforceable for any reason, it shall not affect the remaining provisions of the Agreement. The Parties undertake to make the necessary amendments to the provisions hereof which are invalid, unlawful or unenforceable in such a way that they become
valid, legal and enforceable, or replace such provisions with valid, legal and enforceable ones that shall have an economic effect as close as possible to the original intention of the Parties without changing any material provisions hereof.

  

	13.13.	 A material change in the circumstances from which the Parties proceeded when entered into the Agreement (as
defined in Article 451 of the Civil Code of the Russian Federation) shall not constitute the ground for amendment or termination of the Agreement by either Party. 

 

	13.14.	 After signing the Agreement all the previous correspondence and agreements of the Parties shall become void.

  

	13.15.	 The Parties acknowledge and confirm that the Agreement is a mixed agreement combining all the signs of a
preliminary agreement, an option for making an agreement, and a lease agreement. 

 Therefore, the relations between the
Parties under the Agreement shall be regulated by the laws applicable to the above-mentioned agreements, unless otherwise stipulated by the Agreement or results from the nature of the Parties’ relations. 

 

	13.16.	 From the time (date) of signing the Certificate of Transfer for Use for Premises 1, the Lessee shall be
entitled to use Premises 1 in accordance with their intended purpose determined in Clause 2.6 of Appendix 3 to the Agreement. 

During the period of using Premises 1 the Parties’ relations shall be applied the conditions agreed by the Parties in the Long-term Lease
Agreement being Appendix 3 hereto, i.e. Clause 6 (Lessee’s Rights and Obligations), Clause 7 (Lessor’s Rights and Obligations), Clause 8 (Parties’ Liability), Clause 9 (Termination of the Agreement), Appendix 1 (Lessees’ Rules),
Appendix 3 (Certificate of Delineation of Operational Responsibility) 

  
 26 

 Use of Premises 1 under the Agreement in accordance with their intended purpose on the
conditions of the Agreement shall be stopped automatically upon signing Long-term Lease Agreement 1 by the Parties. 
  

	13.17.	 For use of Premises 1, from the date of signing the Certificate of Transfer for Use for Premises 1 by the
Parties, the Lessee shall be charged the Use Fee for Premises 1 in accordance with the provisions of Appendix 3 to the Agreement, i.e. Clause 3 (Composition and Amount of the Lease Payment. Security Payment) and Clause 4 (Procedure for Settlements).
The fixed use fee shall be calculated in the amount of and in the same way as the Fixed Part of the Lease Payment and the variable use fee – in the amount of and in the same way as the Variable Part of the Lease Payment. 

The Use Fee for Premises 1 shall be paid within the timelines provided for in Clause 4 (Settlement Procedure) of Appendix 3 to the Agreement,
but not earlier than five (5) business days upon provision of documents confirming submittal of Long-term Lease Agreement 1 for state registration by the Lessor. 
  

	13.18.	 The Agreement is executed in two (2) copies both having equal legal force, one (1) copy for each
Party. 13.19. 

  

	13.19.	 The Agreement contains the following Appendices forming an integral part hereof. In case of any discrepancies
between the Agreement provisions and the appendices hereto, the provisions hereof shall prevail. 

 Appendix 1:1
– General Layout; 
 Appendix 1:2 Phase 1 Buildings Layout; 

Appendix 1:3 Terms of Reference; 

Appendix 1:4 Schedule and Interaction between the Parties; 

Appendix 1:5 Construction Readiness of Premises as of the Date of Access; 

Appendix 2:1 Access Certificate form; 

Appendix 2:2 Form of Certificate of Transfer for Use for Premises 1 

Appendix 3 Long-term Agreement Form 

Appendix 4 Form of Certificate of Admission to the Lessee’s Works 

14. APPLICABLE LAW AND DISPUTE RESOLUTION 
  

	14.1.	 The Agreement has been drawn up and is subject to interpretation and regulation in accordance with the
applicable Laws of the Russian Federation. 

  

	14.2.	 In case of any dispute between the Parties in relation to the Agreement, upon request of one of the Parties,
the authorized representatives of the Parties shall meet within five (5) business days from the date of the request in order to resolve the dispute without recourse to a court. 

 

	14.3.	 If any dispute is not resolved in accordance with Clause 14.2 of the Agreement within ten (10) business
days upon the request (mandatory pre-judicial (complaint) procedure), any dispute arising out of the Agreement or related to it shall be resolved in the Arbitrazh (Commercial) Court of Moscow, unless otherwise
agreed in the course of negotiation. 

 15. LEGAL ADDRESSES, BANK DETAILS AND SIGNATURES OF THE PARTIES 

 

			
	The Lessor:	  	The Lessee:
		
	Adva LLC	  	Internet Solutions LLC
		
	OGRN 1133443021810	  	OGRN 1027739244741
		
	INN 3443923606	  	INN 7704217370
		
	Address: 346703, Rostov region, Aksay district,	  	Address: Moscow 123112,
		
	1 Logopark Street, building 1, Lenina village,	  	10 Presnenskaya nab., unit 1, floor 41, room 6, PO Box 23 (OZON.ru)

  
 27 

							
	 Representative
 Adva LLC
	 		  	 Representative

Internet Solutions LLC
	 	
				
	 /signature/
	 	A.L. Shakhnazarov	  	 /signature/
	 	A.I. Pavlovich
	 /Seal: Adva Limited Liability Company

INN 3443923606 OGRN 113344021610 /
	  	 /Seal:
 Internet Solutions Limited
Liability Company Moscow
 /

  
 28 

 Appendix 3 

to Preliminary Lease Agreement 

dated November 6, 2019 

FORM 
 LONG-TERM LEASE
AGREEMENT 
  
  

START OF THE LONG-TERM LEASE AGREEMENT FORM 

LONG-TERM LEASE AGREEMENT 
 This
Long-term Lease Agreement is signed on [●] in [●], Russian Federation, by and between: 
  

	(1)	 Adva Limited Liability Company (brief name – Adva LLC), a legal entity which was founded and
operates in accordance with the laws of the Russian Federation, registered by the Federal Tax Service Inspectorate for Dzerzhinsk district of Volgograd city, registration date: August 12, 2013, OGRN 1133443021810, INN 3443923606, KPP 610201001,
located at: 1 Lenina village, building 1, Aksay district 346703, Rostov region, represented by [●] acting under [●] (hereinafter referred to as the “Lessor”); and 

 

	(2)	 Internet Solutions Limited Liability Company (brief name – Internet Solutions LLC), a legal entity
which was founded and operates in accordance with the laws of the Russian Federation, registered by the Moscow Registration Chamber State Enterprise, registration date: September 5, 2000, OGRN 1027739244741, INN 7704217370, KPP 770301001,
located at: 10 Presnenskaya nab., unit 1, floor 41, room 6, Moscow 123112 represented by [●] acting under [●] (hereinafter – the “Lessee”); hereinafter together referred to as the “Parties” and separately
as a “Party, as to the following: 

  

	1.	 GLOSSARY 

Unless otherwise stipulated by the context, the capitalized terms used in the Lease Agreement shall have the following meaning: 

“Acceptance Certificate” means a document confirming transfer of the Premises for actual possession and use by the Lessee and drawn up in the
form of the Appendix 4 to the Agreement; 
 “Certificate of Delineation of Operational Responsibility” means a document where the Parties
have agreed upon the boundaries of the Lessor’s and the Lessee’s areas of responsibility for operation and technical condition of the utilities and equipment in the Warehouse Building and is Appendix 3 to the Agreement; 

“Lease Payment” means payment for Lessor’s possession and use of the Premises and Parking Spaces which is to be transferred to the
Lessee according to the Agreement conditions; 
 “Cadastral Engineer” means an individual being a member of a self-regulated organization
of cadastral engineers having carried out a technical inventory check of the Building and having prepared its technical plan; 
 “Payment Days”
means each first business day of each Calendar Month; “Payment Day” means one of them; 
 “Agreement” means this
Long-term Lease Agreement, including all the appendices and supplementary agreements hereto (if any); 
 “Supplementary Agreement” means a
supplementary agreement to the Agreement to be signed by the Parties according to the form given in Appendix 10 to the Agreement; 

  
 29 

 “EGRN” means the Unified State Register of Immovable Property of the Russian Federation;

 “Building” / “Warehouse” / “Warehouse Building” means a non-residential
building with cadastral number [●], purpose: [●], total floor area of [●], number of floors: [●], located at: Yekaterinburg, to the east of Koltsovo settlement, [●], Sverdlovsk region, Russia. The Building is owned by
the Lessor based on permit for facility commissioning [●] of which record No. [●] has been entered into the Unified State Register of Immovable Property of [●]. 

“Land Plot” means a part of the land plot with the total area of [●], cadastral number: [●], land category: settlement lands,
permitted use type: [●], located at: Yekaterinburg, to the east of Koltsovo settlement, [●], Sverdlovsk region, Russia., possessed by the Lessor based on the right of [●]. 

For the purpose of this document the term “Land Plot” also includes any other land plots which may be formed out of
it. 
 “Utilities” means any existing or future utilities intended for transfer of materials or energy and any auxiliary equipment attached
to them or complementary to them; 
 “Complex” (or “Warehousing Complex”) means the Logistic warehousing complex located
at: Yekaterinburg, to the east of Koltsovo settlement, Sverdlovsk region, Russia. 
 “VAT” means the value added tax stipulated by the laws
of the Russian Federation; 
 “Lessee’s Equipment” means a rack system and any other equipment of the Lessee intended for installation
or installed in the Premises at any time during the Lease Period; 
 “Force Majeure Events” means extraordinary, unforeseen and unavoidable
circumstances under the given conditions, as defined in Clause 3, Article 401 of the Civil Code of the Russian Federation, by which the Parties shall, inter alia, mean extraordinary events or circumstances which the Party could neither foresee
nor prevent by reasonable means, including, inter alia, natural disasters, war, revolution, rebellion, civil unrest, exercise by the State of the preemptive rights of acquisition in case of the nationwide emergency, nuclear explosion, radioactive or
chemical contamination, as well as other circumstances being beyond reasonable control of the Parties and making it impossible to perform their obligations hereunder, provided that violation of obligations by the counterparties of the relevant
Party, lack of funds and such financial circumstances as currency exchange rate fluctuations or market value declines, shall not be deemed Force Majeure Events; 

“Parking Lot” means part of the Land Plot intended for Parking Spaces of the Lessee in accordance with the Agreement; 

“Premises” means all the premises transferred by the Lessor for the ownership and use of the Lessee under the Lease agreement and specified
in clause 2.2 of the Agreement; 
 “Preliminary Lease Agreement” means the preliminary lease agreement made by the Parties on
[●]; 
 “Works” means the totality of the general construction, construction and installation and other works of the Lessor on the
Premises and preparation of the Premises for the Lessee’s Works and further operation of the Premises by the Lessee. 
 “Lessee’s
Works” means (a) installation of the Lessee’s Equipment in the Premises and/or (b) any works related to finishing, improvement, additions or repair in the Premises which may be carried out by the Lessee during the Lease
Period; 
 “Intended Purpose” means permitted use of the Premises in accordance with Clause 2.6 of the Agreement; 

“Lease Period” means the lease period specified in Clause 3.1 of the Lease Agreement; 

“Terms of Reference” means Appendix 1:3 to the Preliminary Lease Agreement. 

“Management Company” means the Lessor or any other person engaged by the Lessor for the purpose of management and operation of the Complex,
the Warehousing Complex and/or the Premises. 

  
 30 

	2.	 SUBJECT MATTER OF THE LEASE AGREEMENT 

 

	 	2.1.	 In accordance with the Agreement, the Lessor shall lease out to the Lessee and the Lessee undertakes to take on
lease the Premises in the Building, pay the Lease Payment and other payments in the amount and within the timelines specified in the Agreement and upon termination or expiration of the Agreement shall return the Premises to the Lessor in accordance
with the Agreement conditions. 

  

	 	2.2.	 The Premises are the Building Premises with the total area of [●] sq. m and the Equipment installed in
them (hereinafter together or separately referred to as the “Premises”) and consist of: 

  

	 	2.2.1.	 Warehouse Premises with the total area of [●] sq. m located on the [●] floor of the Building, such
as: 

  

											
	- unit (or a part of unit) No. sq. m;	  	 	[●]	 	  	with the area of	  	 	[●]	 
				
	- unit (or a part of unit) No. sq. m;	  	 	[●]	 	  	with the area of	  	 	[●]	 
				
	 - ...
	  				  		  			

 (hereinafter together or separately referred to as the “Warehouse Premises”); 

 

	 	2.2.2.	 Office Premises, including the auxiliary premises located on the [●] floor of the Building with the total
area of [●] sq. m, including: 

  

													
	- unit (or a part of unit) No. sq. m;	  	 	[●]	 	  	 
	with the area
of	 
 	  	 	[●]	 
				
	- unit (or a part of unit) No. sq. m;	  	 	[●]	 	  	 
	with the area
of
	 
 	  	 	[●]	 
				
	 - ...
	  				  				  			

 (hereinafter together or separately referred to as the “Office Premises”). 

 

	 	2.2.3.	 Mezzanine Premises with the total area of [●] sq. m located on the [●] floor of the Building,
including: 

  

													
	 - unit (or a part of unit) No. sq. m;
	  	 	[●]	 	  	 
	with the area
of	 
 	  	 	[●]	 
				
	- unit (or a part of unit) No. sq. m;	  	 	[●]	 	  	 
	with the area
of	 
 	  	 	[●]	 
				
	 - ...
	  				  				  			

 (hereinafter together or separately referred to as the “Mezzanine Premises” or the
“Mezzanine”). 
  

	 	2.2.4.	 Premises for storage of hazardous goods with the total area of [●] sq. m located on the [●] floor
of the Building, including: 

  

													
	- unit (or a part of unit) No. sq. m;	  	 	[●]	 	  	 
	with the area
of	 
 	  	 	[●]	 
				
	- unit (or a part of unit) No. sq. m;	  	 	[●]	 	  	 
	with the area
of	 
 	  	 	[●]	 
				
	 - ...
	  				  				  			

 (hereinafter together or separately referred to as the “Premises of the Hazardous Goods Area”
or the “Hazardous Goods Area”). 

  
 31 

	 	2.2.5.	 Checkpoint buildings with the total area of [●] sq. m. 

(hereinafter together or separately referred to as the “Checkpoint Buildings” or the “Checkpoint”). 

 

	 	2.3.	 The numbers of the Premises and their area are specified in accordance with the technical plan of the Building
dated [●] prepared by the Cadastral Engineer. The boundaries of the Premises are specified in the Premises Layout being an integral part of the Agreement (Appendix 1 to the Agreement). 

 

	 	2.4.	 The Lessee has been notified that, if required, state cadastral registration of the Premises specified above in
Clause 2.2 of the Agreement will be provided as a part of the Building at the time of state registration of the Agreement and encumbrance on the Building in the form of the lease, which will not impact the Lessee’s rights and obligations under
the Agreement. 

  

	 	2.5.	 For the avoidance of doubt, the Parties hereby confirm that, if specification of the Premises’
characteristics is required, such characteristics will be introduced into the Agreement by signing a Supplementary Agreement only for the purpose of state registration of the agreement, and will not mean inconsistence of the leased facility. The
Parties hereby confirm that the leased facility is fully agreed by them in the Agreement. 

  

	 	2.6.	 Purpose of the Premises (Intended Purpose): 

 

	 	•	 	 Warehousing Premises are intended for storage of goods, including without exception, storage of food and non-food goods of industrial and non-industrial use as well as for warehouse logistic operations: performance of loading and unloading activities for movement, location and
processing of the specified goods in the Warehousing Premises. 

  

	 	•	 	 The Office and Checkpoint Premises are intended for placement of stationary work stations of the Lessee,
provision for rest and hygiene of the Lessee’s employees and for the utility needs of the Lessee; 

  

	 	•	 	 Mezzanine Premises are intended for storage of goods, including without exception, storage of food and non-food goods of industrial and non-industrial use as well as for warehouse logistic operations: performance of loading and unloading activities for movement, location and
processing of the specified goods in the Mezzanine Premises. 

  

	 	•	 	 The Premises of the Hazardous Goods Area are intended for storage of hazardous goods according to the interstate
standard of GOST 19433-88 Dangerous Goods. Classification and Marking. 

  

	 	2.6.1.	 Complex rules in the part of delivery and storage of explosion hazardous, highly flammable and toxic goods do
not refer to the Dangerous goods Area 

  

	 	2.6.2.	 Complex rules in the part of delivery of explosion hazardous, highly flammable and toxic goods do not refer to
the Premises 

  

	 	2.7.	 At the time of leasing the Premises to the Lessee, the Lessee shall be also provided with parking space with
the total number of [●] parking slots of which [●] parking slots for passenger vehicles and [●] for trucks (hereinafter – “Parking Slots”). 

 

	 	2.8.	 Simultaneously with leasing the Premises the Lessee shall also obtain the right to use the common areas. The
common areas mean the parts of the Warehouse Complex intended for common non-exclusive use by the lessees and users of the Warehouse Complex (hereinafter – the “Common Areas”).

  

	3.	 LEASE PERIOD 

  

	 	3.1.	 The Agreement is made for a period of nine (9) years (Lease Period) from the Starting Date of the Lease
Period. The Starting Date of the Lease Period shall be the date of signing the Acceptance Certificate for the Premises by the Parties. 

  
 32 

	 	3.2.	 The Lessee shall have a preemptive right under the Agreement to make a lease agreement for a new period,
subject to a written notice of its intention to the Lessor at least twelve (12) months until the end of the Lease Period. If the Lessee provides such a notice, the Parties will conduct a bona-fide negotiation for agreement upon the conditions
for a new lease period and making a new lease agreement, which shall be entered into (subject to the Parties’ agreement) at least nine (9) months before the end of the lease period under the Agreement. 

 

	 	3.3.	 Except for the case of entering into a lease agreement for a new period in accordance with Clause 3.2 of the
Agreement, the Lessee may not use the Premises after the Lease Period has expired. 

  

	 	3.4.	 This Agreement is subject to the state registration pursuant to the applicable laws of the Russian Federation
in the manner prescribed by law and shall enter into force upon its state registration. 

 The Parties have come to an
agreement that starting from the Agreement Date and until the time of its state registration, the Agreement shall be deemed a short-term lease agreement with the lease period of eleven (11) months from the date of its signing. The action of the
Agreement as a short-term lease agreement shall be automatically prematurely terminated at the time of state registration of the Agreement, and in case of no such registration, it shall be extended for the same period. 

Until its state registration, the Parties acknowledge the Agreement and all its conditions as valid with respect to the Parties’
relations and may not refer to the absence of its state registration as a reason for invalidity and non-existence of the Agreement. 
  

	 	3.5	 In accordance with the conditions of paragraph 2 of Article 425 of the Civil Code of the Russian Federation,
the Parties have established that the Agreement shall cover the Parties’ relations having arisen at the time of signing the Agreement. 

  

	 	3.6	 Procedure for transfer and return of the Premises 

 

	 	3.6.1.	 Transfer of the Premises. 

 

	 	3.6.1.1.	 The Lessor shall transfer and the Lessee, subject to absence of any defects in the Premises preventing from
their use in accordance with the Intended Purpose, shall accept the Premises with the equipment installed in them under an Acceptance Certificate (Appendix 4) to the Agreement within [●] upon the date of signing the Access Certificate signed
by the Parties under the Preliminary Lease Agreement. 

 The Lessor’s obligations for transfer of the Premises and
the Equipment in them shall be deemed discharged upon signing the Acceptance Certificate. 
  

	 	3.6.1.2.	 The Lessor shall notify the Lessee of the readiness to transfer the Premises at least three (3) business
days before the date specified in this Clause after which the Parties shall jointly inspect the Premises. Based on the results of the inspection, the Lessor shall lease out the Premises to the Lessee, and to confirm the lease the Parties shall sign
the Acceptance Certificate for the Premises in the form of Appendix 4 to the Agreement (Acceptance Certificate). 

  
 33 

	 	3.6.1.3.	 In case any minor defects which do not prevent from use of the Premises in accordance with their intended
purpose are identified in the Premises, the Parties shall fix these defects in the Acceptance Certificate and shall specify the time for their elimination using the efforts and at the cost of the Lessor. 

 

	 	3.6.1.4.	 In case any defects preventing from use of the Premises in accordance with their Intended Purpose are
identified in the course of the inspection, the Parties shall fix all the defects in the Inspection Report and the time of transfer of the Premises shall be shifted by the number of days required for their elimination. 

 

	 	3.6.2.	 Return of the Premises. 

 

	 	3.6.2.1.	 Upon the end of the Lease Period or in case of early termination of the Agreement the Lessee undertakes to
vacate the Premises on or prior to the last day of the Agreement Period and transfer them to the Lessor and the Lessor undertakes to accept them under the Acceptance (Return) Certificate for the Premises. 

 

	 	3.6.2.2.	 The Lessee shall undertake to return the Premises in the same condition as it has received them, taking into
consideration the normal wear, including transfer all the restructuring and reconfigurations (reequipment) and other permanent improvements in the Premises. 

  

	 	3.6.2.3.	 All the permanent improvements in the Premises provided by the Lessee shall become the Lessor’s property
without compensation of their value upon termination of the Agreement. 

  

	 	3.6.2.4.	 For the avoidance of doubt and in case of an early termination of the Agreement both in court and without
recourse to court for the reasons for which the Lessor is liable, the Lessor shall compensate the Lessee the residual value of the permanent improvement provided by the Lessee upon the Lessor’s consent in accordance with the procedure provided
for in Clause 6.7 of the Agreement. 

  

	 	3.6.2.5.	 The Parties agree that at the time of return of the Premises the Lessor will not require elimination of the
following possible damages to the Premises (hereinafter – the “Damages”): 

  

	 	•	 	 dots, impurities, scratches, and abrasion marks on the walls, ceilings, and floor of the Premises from regular
use of the Premises in accordance with the Intended Purpose in case the total surface area of the specified damages does not exceed 10% of the total surface area of the walls, ceilings, and floor; 

 

	 	•	 	 holes in the walls resulting from dismantling of equipment, furniture, and decoration elements whose diameter
does not exceed 10 mm; 

  

	 	•	 	 dustproof coating wear; 

 

	 	•	 	 possible defects of the utility equipment resulting from its normal wear or upon expiration of the standard
service life of such equipment. 

 For the purpose of the Agreement the Damages specified in this Clause will be included
in the definition of the term “natural wear” in accordance with the Laws. 

  
 34 

	 	3.6.2.6.	 When returning the Premises, the Lessee may leave any built-in closets,
shelves and any other built-in furniture, reception desks, sensors, video cameras, and control panels of the Lessee’s security system installed in the Premises, cables of the access control system of the
Premises, and partitions whose installation has been agreed by the Lessor. In case of dismantling of the built-in closets, shelves and other built-in furniture in the
Premises, it shall be carried out with the minimum damage to the Premises (walls, ceiling, floor, and any other elements to which they have been fixed). 

  

	 	3.6.2.7.	 If any repair of the Premises to be returned is required due to incompliance of their condition with the
natural wear definition and if that condition results from the Lessee’s fault, the Parties shall agree upon the Certificate of Premises Return with description of the defects and indication of presence/absence of damage, the scope of the
damage, the ways and timelines of repair, replacement or monetary compensation of the damage. 

 In case of any dispute
arising regarding presence of defects in the Premises to be returned outside of the natural wear limits and the Lessee’s fault as cause of such defects, the Parties may engage an expert organization for examination. The procedure for engagement
of an expert organization is determined by the Parties in Clause 9.2.2. of the Agreement. 
  

	 	3.6.2.8.	 If upon expiration of the Lease Period or in case the Agreement is prematurely terminated, the Lessee has not
vacated the Premises in time (within the timelines specified in Clause 6.1.23 of the Agreement), the Lessee shall pay the Lessor the Lease Payment for all the date of the actual use of the Premises and a penalty, subject to a written claim by the
Lessor, in the amount of 0.33% of the monthly Fixed Part of the Lease Payment for each calendar day of the delay in discharge of the obligations. 

The Lessee shall pay the penalty specified in this Clause within five (5) business days upon receipt of the respective claim from the
Lessor. 
  

	 	3.6.2.9.	 Within twenty (20) business days upon the ending date of the Lease Period or early termination of the
Agreement, the Parties shall draw up and sign a bilateral reconciliation statement. This statement shall be prepared by the Lessor. 

  

	4.	 LEASE AND OTHER PAYMENTS 

 

	 	4.1.	 For use and possession of the Premises and Parking Slots the Lessee shall pay the Lease Payment to the Lessor
during the Lease Period, including the Fixed Part of the Lease Payment and the Variable Part of the Lease Payment (utility charges). 

  

	 	4.2.	 The Fixed Part of the Lease Payment consists of the following: 

 

	 	•	 	 Basic Lease Payment; 

  

	 	•	 	 Operating Expenses; 

  

	 	•	 	 Parking Fee. 

  

	 	4.3.	 The Basic Lease Payment includes the following: 

 

	 	•	 	 use and possession fee for the Premises; 

  
 35 

	 	•	 	 use fee for the Common Areas; 

 

	 	•	 	 use fee for the Land Plot for the purpose of access to the Building and the Premises, loading and unloading;

  

	 	•	 	 fee for placement of signs with the Lessee’s name in the entrance space of the Building.

  

	 	4.4.	 The Operating Expenses shall include the costs related to maintenance of the Complex, the Building, Common
Areas and the Premises, such as: 

  

	 	•	 	 cleaning outside of the Premises, cleaning in the Common Areas (including outdoors), removal of snow and ice in
Common Areas in winder, and from the Parking Slots provided to the Lessee, without the possibility of temporary placement of the snow being removed on the Parking Slots of the Lessee; 

 

	 	•	 	 maintenance and repair of the Common Areas and Building, including the main utilities in accordance with the
Certificate of Delineation of Operational Responsibility; 

  

	 	•	 	 maintaining green plants on the Land Plot; 

 

	 	•	 	 washing windows outside of the Building twice a year; 

 

	 	•	 	 Complex management; 

  

	 	•	 	 Complex guarding, video surveillance on the Complex perimeter and Complex access control; 

 

	 	•	 	 general consumption of water and power in the Common Areas; 

 

	 	•	 	 ensuring fire safety of the Common Areas; 

 

	 	•	 	 operation, repair, replacement, cleaning, and maintenance of the fire alarm system, the automatic firefighting
system, the firefighting equipment and auxiliary devices, and primary means of firefighting; 

  

	 	•	 	 insurance of the Building; 

 

	 	•	 	 depreciation of equipment (including without limitation utilities, equipment in the ventilation premises, a
proportional part of the equipment in the common area ventilation premises, cleaning equipment, snow removal equipment); 

  

	 	•	 	 land tax; 

  

	 	•	 	 maintenance of general telecommunications; 

 

	 	•	 	 ensuring 24 h heating of the Building in the heating season and maintaining ventilation of the Building during
the whole year in accordance with the requirements to heating and ventilation specified in the Terms of Reference (this service does not include payment of the utility service paid by the Lessee as a part of the utility charges);

  

	 	•	 	 ensuring supply of electricity, water supply and water discharge (this service does not include payment of the
utility services paid by the Lessee as a part of the utility charges); 

  

	 	•	 	 providing the Warehouse Complex and the Premises with the firefighting equipment, including a properly
functioning fire alarm system; 

  

	 	•	 	 providing for lighting of the Common Areas. 

 

	 	4.5.	 Utility Charges – compensation of the Lessor’s costs for the actual consumption by the Lessee of:

  

	 	•	 	 electricity, including capacity (based on the calculation in accordance with the power consumption category
prepared by the resource provider or based on the calculation prepared by the Lessor); 

  
 36 

	 	•	 	 thermal energy (heating, hot water supply); 

 

	 	•	 	 water consumption for cold and hot water supply; 

 

	 	•	 	 waste water collection (water discharge). 

 

	 	4.6.	 Amount of the Fixed Part of the Lease Payment: 

 

	 	4.6.1.	 The Basic Lease Payment shall be calculated using the following rates (excluding VAT): 

 

	 	(a)	 RUB three thousand nine hundred sixty (3,960) per one (1) sq. m of Warehouse Premises 1, i.e. RUB
[●] ([●]) for the Warehouse Premises per month, excluding VAT; 

  

	 	(b)	 RUB five thousand eight hundred fifty (5,850) per year per one (1) sq. m of the Office Premises, i.e. RUB
[●] ([●]) for the Office Premises per month, excluding VAT, as of the date of signing the Agreement; 

  

	 	(c)	 (c) RUB two thousand eight hundred ninety eight (2,898) per year per one (1) sq. m of the Mezzanine, i.e.
RUB [●] ([●]) for the Mezzanine Premises per month, excluding VAT, as of the date of signing the Agreement; 

  

	 	(d)	 RUB three thousand four hundred thirty (3,430) per year per one (1) sq. m of the Hazardous Goods Area,
i.e. RUB [●] ([●]) for the Premises of the Hazardous Goods Area per month, excluding VAT; 

  

	 	(e)	 RUB five thousand eight hundred fifty (5,850) per year per 1 (one) sq. m of the Checkpoint Buildings, i.e. RUB
[●] ([●]) for the Checkpoint Buildings, excluding VAT; 

  

	 	4.6.2.	 The Operating Expenses shall be calculated at the rate of RUB nine hundred ninety (990) per 1 (one)
sq. m of the Premises, excluding VAT, i.e. RUB [●] ([●]) for the Premises per month, excluding VAT, as of the date of signing the Agreement; 

  

	 	4.6.3.	 The Parking Fee (payment for ownership and use of parking spaces) shall be calculated at the following rates:

  

	 	(a)	 RUB four thousand (4,000) per month (excluding VAT) per 1 (one) parking slot for a truck and

  

	 	(b)	 RUB two thousand five hundred (2,500) per month (excluding VAT) per 1 (one) parking slot for a passenger
vehicle, 

 As of the date of signing the Agreement, the Parking Fee is RUB [●] ([●]), excluding VAT. 

 

	 	4.7.	 The Parties have agreed, that 

 

	 	4.7.1.	 In case the Lessee is granted access to Premises 2 under the Preliminary Agreement, as confirmed by signing the
Access Certificate for Premises 2 by the Parties, the rates of the Basic Lease Payment under the Agreement provided for in Clause 4.6.1 of the Agreement are to be increased by RUB five hundred (500) with indexing if such was applied to the
rates of the Basic Lease Payment according to clause 4.13 of the Agreement. 

  

	 	4.7.2.	 In case the Lessee is granted access to Premises 3 under the Preliminary Agreement, as confirmed by signing the
Access Certificate for Premises 3 by the Parties, the rates of the Basic Lease Payment under the Agreement provided for in Clause 4.6.1 of the Agreement shall be increased by RUB two hundred fifty (250) with indexation if such was applied to
the rates of the Basic Lease Payment according to clause 4.13 of the Agreement. 

  
 37 

	 	4.8.	 When the rates of the Basic Lease Payment are changed according to clause 4.7 of the Agreement the Lessor sends
to the Lessee a written notification specifying the new amount of Basic Lease Payment and date starting from which the Lessee shall pay the altered Basic Lease Payment but not earlier than the day following the day when the Parties sign the
Certificate of access to Premises 2 and the Certificate of access to Premises 3. 

 The Lessee hereby agrees with the
notice of a change in the Basic Lease Payment and also agrees to consider the notice of a change in the Basic Lease Payment an integral part of the Agreement changing the Lessee’s obligations for payment of the Basic Lease Payment starting from
the date specified in the notice. The Basic Lease Payment in accordance with this Clause shall be unilaterally changed by the Lessor without any additional consent by the Lessee. 

 

	 	4.9.	 The Parties have agreed that the Lease Payment shall be charged and paid as follows: 

 

	 	4.9.1.	 Starting from the date of signing the Acceptance Certificate by the Parties, the Lessor shall charge and the
Lessee shall pay the Lease Payment in full (Fixed Part of the Lease Payment, Variable Part of the Lease Payment). 

  

	 	4.9.2.	 The accounting period shall be 1 (one) calendar month (from 00:00 of the first day until 24:00 of the last day
of the calendar month). In case the lease lasts for less than one calendar month, the Lease Payment value shall be calculated in proportion to the actual number of days of the lease. 

 

	 	4.9.3.	 The Fixed Part of the Lease Payment shall have been paid by the fifteenth (15th) day of the month following the reporting month. Lack of an issued invoice shall not be a reason for untimely transfer of money under the Agreement. 

 

	 	4.9.4.	 Payment of Lease Payment for the first 30 (thirty) days of lease is performed by means of a Security Payment
sent by the Lessee to the Lessor according to the Preliminary Lease Agreement, after it’s accepted in the order described in clause 5.2 of the Agreement. 

 

	 	4.9.5.	 The Variable Part of the Lease Payment for the first two months of the lease from the date of signing the
Acceptance Certificate for the Premises shall be paid within ten (10) business days upon receipt of the documents listed below by the Lessee and not earlier than the last day of the accounting month: 

 

	 	•	 	 Invoice; 

  

	 	•	 	 Universal Acceptance Certificate (UAC) for the respective reporting period; 

 

	 	•	 	 Documents containing information on the name, the unit of measure, the cost per unit of measure, the cost by
utility service consumed by the Lessee, calculation of the scope of the utility services consumed in accordance with the readings of the metering devices or, if applicable, by calculation of the area of the Premises in proportion to the Building
area; 

  

	 	•	 	 Documents confirming the actual tariffs on the Lessor’s costs for providing the Premises with utility
services (copies of the supporting documents from the utility providers). 

  
 38 

	 	4.9.6.	 Upon expiration of period set by Clause 4.9.5 of the Agreement the Variable Part of the Lease Payment in the
part of the Utility Charges shall be paid as follows: 

  

	 	4.9.6.1.	 The Utility Charges compensating the Lessor’s costs for thermal power (heating, hot water supply), water
consumption for the needs of cold and hot water supply and collection of waste waters (water discharge) shall be paid by the Lessee within 10 (ten) business days upon receipt of the documents listed in Clause 4.9.5 of the Agreement by the Lessee.

  

	 	4.9.6.2.	 The Lessee shall pay the Utility Charges compensating the Lessor’s costs for electricity (power) as
follows: 

  

	 	4.9.6.2.1.	 Prepayment in the amount of seventy percent (70%) of the Variable Part of the Lease Payment in the part of the
Utility Charges compensating the Lessor’s costs for electricity (power) for the last but one month shall be provided by the 10th day of the accounting month. The invoice shall be issued to
the Lessee by the 5th day of the accounting month. 

  

	 	4.9.6.2.2.	 The final settlement on the Variable Part of the Lease Payment in the part of the Utility Charges compensating
the Lessor’s costs for electricity (power) shall take place in the accounting month, less the amount paid as prepayment during the accounting month, within ten (ten) business days upon the date of receipt by the Lessee of:

  

	 	•	 	 Invoice; 

  

	 	•	 	 Universal Acceptance Certificate (UAC) for the respective reporting period; 

 

	 	•	 	 Documents containing information on the name, the unit of measure, the cost per unit of measure, the cost by
utility service consumed by the Lessee, calculation of the scope of the utility services consumed in accordance with the readings of the metering devices or, if applicable, by calculation of the area of the Premises in proportion to the Building
area; 

  

	 	•	 	 Documents confirming the actual tariffs on the Lessor’s costs for providing the Premises with utilities
(copies of the supporting documents from the utility providers). 

  

	 	4.9.6.2.3.	 In case the prepayment amount exceeds the cost of the utility services transferred and consumed by the Lessee
in the accounting month, the excess amount paid shall be counted towards the variable part of the lease payment for the next accounting period. 

  

	 	4.9.6.3.	 In case the Lessor incurs expenses to provide the Premises with electric energy (capacity) without
participation of the power supplier, the payment for Utilities is performed by the Lessee in the order specified in Clause 4.9.5 of the Agreement. 

  

	 	4.10.	 Unless otherwise specified in the Agreement, all the rates and amounts of the payments specified herein are
given excluding VAT. If in accordance with the laws of the Russian Federation, the payment amounts are subject to VAT, the VAT amount (calculated at the then applicable rate) will be specified in the respective invoice of the Lessor and shall be
paid by the Lessee according to the same procedure as the payment amounts. 

  

	 	4.11.	 In case the Lessee makes any payment under this Agreement which is subject to VAT, the Lessee shall pay the
respective VAT amount to the Lessor. In case the Lessee compensates the Lessor the costs incurred by the latter, it shall also compensate the Lessor the VAT amount related to such costs. 

  
 39 

	 	4.12.	 The Parties shall carry out reconciliation of payments on the quarterly basis by the 20th day of the month following the end of the quarter by signing a Reconciliation Statement for the previous quarter 

Within five (5) business days upon receipt of the Reconciliation Statement by the Lessee, the Reconciliation Statement shall be signed by
the Lessee and returned to the Lessor or a motivated refusal to sign it shall be provided by the Lessee; otherwise the Reconciliation Certificate shall be deemed automatically accepted by the Lessee, including in case of any debts. 

The Parties have agreed that the Reconciliation Statement signed by the Lessor may be emailed to the Lessee in the form of an electronic
document (scanned copy) in the .pdf and/or .jpg format or any other format supporting review of a graphical document to the email address specified in the Agreement. the date of receiving such a Reconciliation Statement shall be the day following
the day of emailing the document. 
 The Parties have agreed that the Reconciliation Statement signed by the Lessee may be emailed to the
Lessor in the form of an electronic document in the same order as determined above. 
 When sending the Reconciliation Statement in the form
of an electronic document (scanned copy), the Parties shall use the email addresses making it possible to reliably identify the sender. Any outgoing correspondence of the Lessor will contain the email address like [employee’s last name in Latin
characters] .... 
  

	 	4.13.	 Indexation: 

  

	 	4.13.1.	 Starting from the 13th month of the lease counted from the
date of signing the Acceptance Certificate for the Premises, the amount of the Basic Lease Payment, the Operating Expenses, the Parking Fee, the Security Payment, valid as of the date when the Lessor sends the indexation notice, are subject to
annual indexation in proportion to the Customer price index according to the officially published data of the Federal State Statistics Service of Russia for the previous year in relation to the acting amounts of Basic Lease Payment, Operating
Expenses, Parking Fee, Security Payment, but by no more than give percent (5%). 

  

	 	4.13.2.	 The Lessor shall send a written notice to the Lessee on any change in Basic Lease Payment, The Operating
Expenses, the Parking Fee, and the Security Payment with indication of the new amount of the Basic Lease Payment, the Operating Expenses, the Parking Fee and the Security Payment and the date starting to which the Lessee shall pay the changed Basic
Lease Payment, Operating Expenses, Parking Fee and the Security Payment with a reference to the indexation amount with attachment of a printout from the website of the Federal State Statistics Service of Russia. 

In any case the Lessor’s notice shall be sent at least thirty (30) calendar days before the date of such change. 

The Lessee hereby agrees with the notice of a change in the Basic Lease Payment, the Operating Expenses, the Parking Fee, and the Security
Payment, including its agreement to consider the notice of a change in the Basic Lease Payment, the Operating Expenses, the Parking Fee, and the Security Payment an integral part of the Agreement changing the Lessee’s obligations for payment of
the Basic Lease Payment, the Operating Expenses, the Parking Fee, and the Security Payment starting from the date specified in the notice. The Basic Lease Payment, the Operating Expenses, the Parking Fee and the Security Payment in accordance with
this Clause shall be unilaterally changed by the Lessor without any additional consent by the Lessee. 

  
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	 	4.14.	 The Lessee shall make payments under the Agreement by transfer to the Lessor’s bank account specified in
the Agreement, and the Lessor may change this bank account during the Lease Period. The Lessor shall notify the Lessee of the change in advance, but no later than ten (10) business days before the date of the next payment.

  

	 	4.15.	 Any payment under the Lease Agreement shall be deemed to be made by one Party and actually received by the
other Party from the moment the funds are credited to the correspondent account of the payee’s bank. The risks related to non-discharge of the payment obligations provided for by the Agreement resulting
from activities of the banks with which the Parties have banking service contracts shall be borne by the Party whose bank has committed the actions resulting in violation of the Parties’ obligations. 

 

	 	4.16.	 The Parties have agreed that if the Lessee is deprived of the opportunity to carry out its activities in the
Premises (for the reasons beyond the Lessee’s control or control of its representatives or persons employed by the Lessee or its counterparties (including without limitation logistic operators, agents, users, carriers, suppliers)) for more than
forty eight (48) hours straight,the Basic Lease Payment and the Operating Expenses shall be recalculated downwards in proportion to the number of hours when the Lessee could not carry out its activities in the Premises. The Lessee shall notify
the Lessor of inability to use the Premises in accordance with its Intended Purpose and shall stop using them until elimination of the reasons resulting in inability to use them. 

 

	5.	 SECURITY UNDER THE AGREEMENT 

5.1.    As of the Agreement Date, the amount of Security Payment is RUB seventeen million six hundred and twenty thousand
(17,620,000), excluding VAT. 
  

	 	5.2.	 The Security Payment shall be transferred by the Lessee to the Lessor’s settlement account within ten
(10) business days upon the date of signing the Agreement in it has not been transferred earlier according to the Preliminary Lease Agreement. In this case a part of the Security Payment under the Preliminary Lease Agreement shall be counted in
the amount of RUB [●] ([●]) towards the Security Payment under the Agreement. 

  

	 	5.3.	 The Lessor shall not pay to the Lessee the interest or any other fee for use of the Security Payment.

  

	 	5.4.	 The Security Payment shall be indexed in the order specified in Clause 4.13 of the Agreement.

  

	 	5.5.	 The Lessee shall maintain the amount of the Security Payment, excluding VAT considering possible indexing in
accordance with Agreement. 

  

	 	5.6.	 If the Security Payment amount is less than specified in the Agreement, the Lessor shall forward to the Lessee
a notice with a claim to replenish the Security Payment and an invoice. 

 The Lessee shall satisfy the Lessor’s
claim within ten (10) business days upon receipt of the claim and the Lessor’s invoice. 
  

	 	5.7.	 The Lessor is entitled to cover the following amounts from the Security Payment amount: 

 

	 	•	 	 amount of rent arrears; 

 

	 	•	 	 amount of penalties and fines charged in accordance with the Agreement; 

 

	 	•	 	 amount of damage to the Lessor’s property by the Lessee. 

  
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	 	5.8.	 Withdrawal of amounts specified in clause 5.7 of the Agreement Price shall be made according to the following
procedure: 

  

	 	5.8.1.	 The Lessor sends a written notification to the Lessee regarding the need to pay the Lease Payment (amount of
penalties/fine, damage compensation) specifying the amount of arrears (amount of penalties/fine, damage amount). In case if the Lessee does not cover such arrears within ten (10) business days since the date of receipt of such a requirement
from the Lessor and does not present grounded objections regarding the amount of arrears with attachment of justifying documents and/or counter-calculation, the Lessor is entitled to withdraw the amount specified in the notice from the Security
Payment. 

  

	 	5.8.2.	 In case if the Lessee does not agree with the arrears amount, the Parties work out a joint solution beneficial
for both Parties within five (5) business days since the Lessor receives a Lessee’s objection. If both Parties may not come to a joint solution, withdrawal from the Security Payment shall not be made. 

 

	 	5.9.	 The Lessor shall notify the Lessee about any withdrawal of any amount from the Security Payment in writing. The
Lessor’s notice shall include a calculation of the withheld amount, reason of withdrawal with attachment of supporting documents and date of withdrawal. 

  

	 	5.10.	 In case of withdrawal of cash from the amount of Security Payment by the Lessor according to the procedure
specified in clauses 5.7 and 5.8 of the Agreement, the Security Payment shall be topped up to reinstate the amount specified by the Agreement within 10 (ten) business days since the date of receipt of a written notification of withdrawal of cash
from the Security Payment and requirement of its recovery. 

  

	 	5.11.	 The amount of Security Payment is increased at the expense of the Basic Lease Payment, Operating Expenses and
Parking Fee from the Lessee for the last month of lease. 

  

	 	5.12	 In case of early termination of the Agreement at the Lessor’s initiative through the Lessee’s fault,
the Security Payment shall not be returned and shall be retained by the Lessor as a penalty. 

  

	 	5.13.	 In case of early termination of the Agreement at the Lessee’s initiative through the Lessor’s fault,
the Security Payment shall cover the last month of lease and the Lessor pays the penalty to the Lessee in the amount equal to the Security Payment. 

  

	6.	 LESSEE’S RIGHTS AND OBLIGATIONS 

 

	6.1.	 The Lessee shall: 

 

	 	6.1.1.	 Timely make the Lease Payment and any other payments in accordance with the Agreement conditions.

  

	 	6.1.2.	 Use the Premises solely in accordance with their intended purpose. Meet the requirement of the Complex Rules
set by the Lessor and described in Appendix 5 to the Agreement related to possession and use of the Premises. In case of any discrepancies between the Agreement provisions and the Complex Rules, the Agreement provisions shall prevail.

  

	 	6.1.3.	 During the whole Lease Period keep in good working order and provide for uninterrupted functioning and
maintenance of the Lessee’s Equipment and utilities in accordance with the Certificate of Delineation of Operational Responsibility (Appendix 3 to the Agreement) in the condition required for their normal operation in accordance with the
intended purpose. Independently or with engagement of third parties carry out repair of damaged equipment and utilities with its operational responsibility according to the Certificate of Delineation of Operational Responsibility.

  

	 	6.1.4.	 Keep the premises in the normal operating condition, carry out current repair of the Premises using its own
efforts and at its cost. Current repair shall include the works for elimination of minor damages and failures in the Premises within the Lessee’s operational responsibility. 

  
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	 	6.1.5.	 The Lessee shall meet the following requirements: 

 

	 	•	 	 open the dock gates after placement of a vehicle into the dock shelter and close it upon the end of loading and
unloading. 

  

	 	•	 	 load and unload goods using vehicles whose size suits for the dock shelter opening. 

 

	 	•	 	 do not clutter, do not block the ventilation duct outlets and heating radiators 

 

	 	6.1.6.	 The Lessee shall be responsible for the technical condition, observance of the safety rules and operation of
power units, process pipelines and other utility equipment within its operational responsibility in accordance with the Certificate of Delineation of Operational Responsibility. 

 

	 	6.1.7.	 Observe the sanitary standards and rules of the Russian Federation, including the waste handling rules. The
Lessee shall bear sole liability for violation of this obligation. 

  

	 	6.1.8.	 Ensure security of electrical, heating, water, sewerage, and other utilities and their equipment within its
operational responsibility. 

  

	 	6.1.9.	 Do not store in the Premise any substances whose circulation is prohibited in the Russian Federation.
Compensate the Lessor and other lessees any direct losses confirmed by documents having arisen out of the circumstances described in this Clause. 

Hereinafter the losses shall mean the expenses incurred or to be incurred by the person whose right has been breached for reinstatement of its
breached right, loss or damage to its property (real damage) confirmed by documents. 
  

	 	6.1.10.	 In order to inspect and check the condition of the Premises, Utilities, Equipment or other parts of the
Building, the Lessee shall provide access to the premises to the Lessor. The Lessee shall provide access to the Premises in accordance with the list of persons submitted by the Lessor who shall be accompanies by the Lessee’s representatives.
Any amendments to this list may be introduced in accordance with the procedure provided for in Clause 7.2.3 of the Agreement. 

In any other cases the Lessee shall provide access to the Premises to the Lessor under condition of due written notification sent to the
following email addresses: [●] at a reasonable time within the timelines specified below (except emergencies/accidents when no such notice is required) and subject to observance of the Lessee’s Safety Procedures for the purpose of: 

 

	 	a)	 allowing potential lessees or buyers of the Premises, the Building and/or the Warehouse Complex or actual or
potential lenders of the Lessor to conduct inspection. In this case a notice shall be forwarded to the Lessee at least one (1) business day before the assumed date of the visit. However, the Lessor may visit the Premises twice a week or less
frequently from 8 a.m. to 8 p.m. and the number of the visitors may not exceed three persons, unless otherwise agreed by the Parties; 

  

	 	b)	 current repair, service, and maintenance, changing, installation of connection to any Utilities of the Building
and/or the Premises as well as repair, service, and maintenance of the Building when such activities are required to ensure due condition of the Building, the Utilities, the Equipment, and the Premises. The Lessor shall inform the Lessee at least
one (1) business day before the start of the works and the Lessee shall accept the date suggested by the Lessor or shall agree other date acceptable for both the Parties for performance of such works. 

  
 43 

	 	c)	 preventive/routine maintenance (with indication of the need for such preventive/routine maintenance). The
Lessor shall inform the Lessee at least one (1) business day before the start of the works and the Lessee shall accept the date suggested by the Lessor or shall agree other date acceptable for both the Parties for performance of such works.

  

	 	d)	 performance of any other duties or using any of the Lessor’s rights under Agreement under preliminary
written consent with the Lessee where the Lessor may not be unreasonably denied their rights. 

 When exercising its
access right the Lessor shall not cause any inconveniences or disturbance for the Lessee and shall discharge its duties as a result of being provided access to the Premises within a short (objectively required) period. 

Prior to conducting any works which limit or stop normal operations of the Lessee, the Lessor shall agree upon the date, the starting time,
and the duration of the works. 
 The Lessor may not be unreasonably denied access to the Premises. In case the Lessee has denied the Lessor
access to the Premises, the Lessor shall repeatedly send to the Lessee in accordance with the procedure specified in this Clause. 
 In case
of unreasonable denial of the Lessor’s access to the Premises, the Lessor does not guarantee timeliness and quality of Operational Maintenance of the Premises and due maintenance and service of the Premises, the Utilities, and the Equipment
within its operational responsibility. 
  

	 	6.1.11.	 Admit representatives of the Lessor and the state regulatory authorities to the Premises for them to check
discharge of the Lessee’s duties without hindrance, but at the Lessee’s working hours (subject to a prior written notice of the date and time of the admission and observance of the Lessee’s safety Procedures). However, the Lessor
shall take all the measures in order not to interfere with the Lessee’s production process. In case of revelation of any violations resulting from the Lessee’s guilty acts (taking into consideration its duties under the Agreement) by the
regulatory authorities, the Lessee shall eliminate them using its own efforts and at its costs, otherwise the violations shall be eliminated by the Lessor. 

Provide for access of the personnel responsible for maintenance of the electrical facilities of the Lessor to the metering units (metering
devices) at the Lessee’s working hours for taking control readings, subject to accompanying by the Lessee’s representatives and observance of the Lessee’s Safety Procedures. 

 

	 	6.1.12.	 Do not make agreements or transactions which result or may result in any encumbrance on the property rights
provided to the Lessee under the Agreement, including their transfer to other person (pledge agreements, contribution of the lease right to the Premises or a part thereof into the authorized capital of a legal entity, etc.) without written agreement
by the Lessor. 

  

	 	6.1.13.	 Take the necessary measures against unauthorized entry of unauthorized persons into the Premises.

  

	 	6.1.14.	 Provide for observance of the occupational health standards and rules by the Lessee’s employees and
persons appointed and seconded to it at its cost and using its own efforts. 

  

	 	6.1.15.	 Observe the environmental protection requirements set by the laws and other regulatory documents.

  
 44 

	 	6.1.16.	 Ensure observance of the fire safety requirements by its employees, visitors of the Premises in accordance with
the Federal Law on Fire Safety and the Fire Prevention Rules of the Russian Federation both in the Premises and in the Lessor’s territory. 

  

	 	6.1.17.	 Within two (2) business days upon the Agreement Date determine an officer responsible for observance of
the fire safety measures in the Premises and within five (5) business day submit to the Lessor a copy of the order on appointment of this officer certified by the Lessee. 

 

	 	6.1.18.	 Ensure observance of the electrical safety requirements in the Premises; within two (2) business days upon
the Agreement Date appoint a person responsible for the electrical facilities in accordance with the requirements of the Regulations for Operation of Consumer Electrical Installations and within five (5) business days submit to the Lessor a
copy of the order on appointment of this person certified by the Lessee. 

  

	 	6.1.19.	 Clean the Premises, the Land Plot within 3 (three) meters from the dock gates (in case if the garbage was
generated due to the actions of the Lessee and/or third persons engaged by them) and in case of generation (accumulation) of household and bulk garbage resulting from its immediate operations provide for its collection to the places determined by
the Lessor in accordance with the sanitary requirements. Removal of solid municipal waste shall be the Lessee’s responsibility. 

  

	 	6.1.20.	 Return the Premises in accordance with the procedure provided for by Clause 3.6.2 of the Agreement if the
Lessee carried out any alteration or reconstruction of the Premises. The Lessee shall transfer all the documentation for the Premises received as a result of agreement by the respective authorities to the Lessor. 

 

	 	6.1.21.	 Do not carry out any alterations and other changes in the Premises and the utilities belonging to them (except
any systems installed by the Lessee if such changes do not affect the Building’s utilities) without prior written agreement by the Lessor. At its cost obtain all the agreements upon such changes by the respective authorities required by the
laws in accordance with the procedure established by the laws, including without limitation the fire safety documents. 

  

	 	6.1.22.	 Follow the Lessor’s reasonable instructions and requirements arising out of the Agreement conditions.

  

	 	6.1.23.	 Within one (1) day upon expiration and/or termination of the Agreement for any reason:

  

	 	•	 	 make all the settlements under the Agreement and in the part of the Variable Part of the Lease Payment –
within ten (10) business days upon submission of the documents specified in Clause 4.9.5 of the Agreement by the Lessor; 

  

	 	•	 	 remove all its goods, property and removable improvements from the provided Premises; 

 

	 	•	 	 vacate the Premises and transfer it to the Lessor under a certificate in the same condition as it when it was
received (taking into consideration the normal wear) and the permanent improvements. 

  

	 	6.1.24.	 The Lessee shall be liable for damage to the Lessor’s property caused by the actions and/or omissions by
the Lessee or its representatives or persons employed by the Lessee or its counterparties (including without limitation logistic operators, agents, users, carriers, and suppliers). 

  
 45 

	 	a)	 In case of damaging the Premises and any other property of the Lessor located in the Premises and/or in the
Warehouse Complex, the Lessor shall immediately record the respective facts and circumstances of damaging the property by drawing up a respective certificate and a photo/video report in the presence of the Lessee’s representative.

  

	 	b)	 Regardless to the reasons of the damages, the Lessor and the Lessee shall, within the shortest reasonable
period upon identification of the damages, take immediate measures to avoid further damaging and to eliminate critical damages to the property. 

  

	 	c)	 The Parties will take all the efforts to find out the reasons for damaging the property and to come to an
agreement regarding which Party shall compensate the costs for recovery of the Premises or any other property of the Lessor. If required and subject to no risk of further damages, the Parties may engage an expert organization to be determined in
accordance with the procedure described in Clause 9.2.2. of the Agreement. 

  

	 	d)	 In case the Lessee admits its fault in damaging the property, the damages shall be eliminated at the cost of
and using the efforts of the Lessee within 10 business days, unless another period is agreed by the Parties. In case of non-elimination of such damages by the Lessee at its cost and using its own efforts
within the established period, the Lessor shall eliminate the damage to the property using its own efforts, but at the cost of the Lessee based on the invoices issued by the Lessor with the cost calculation attached. 

This calculation shall be preliminarily agreed upon with the Lessee by emailing to the Lessee ([●]). The Lessee shall agree upon the
calculation or provide a motivated refusal to agree upon it with attachment of the counter-calculation of the cost of elimination of the damages within five (5) business days upon its emailing by the Lessor, unless another period is agreed by
the Parties. In case of provision of the counter-calculation the Lessee is obliged to fix all the damage on their own. 
 If upon expiration
of five (5) business days from the date of emailing the calculation by the Lessor, the Lessee has not forwarded a motivated refusal to agree upon it with attachment of the counter-calculation of the cost of elimination of the damages, the
calculation shall be deemed accepted by the Lessee and the Lessor shall be entitled to claim compensation of the cost of the damages in the amount specified in the invoice and the calculation. 

The invoice shall be paid by the Lessee within three (3) business days from the time of its receipt (repair shall be carried out after
payment against the invoice by the Lessee). Final settlements between the Lessor and the Lessee shall be based on the documents provided by the Lessor to confirm the actual costs for elimination of the damage. 

 

	 	6.1.25.	 In order to prevent any terror acts the Lessee shall ensure that no third parties leave any objects in the
Premises or on the Land plot. If such objects are found, the Lessee shall inform the Lessor’s representative and respective bodies. 

  

	 	6.1.26.	 Taking into consideration Clause 7.1.9 of the Agreement, take the readings of the metering units for
electricity, thermal power, and water together with the Lessee by 12 p.m. of the business day following the accounting period and certify by signatures of the managers or responsible persons. 

 

	 	6.1.27.	 Using its own efforts and at its cost replace (repair) the metering units for electricity and water in case of
their failure through the Lessee’s fault. 

  

	 	6.1.28.	 Carry out maintenance and repair of the loading and unloading (dock) gates belonging to the Premises.

  
 46 

	 	6.1.29.	 Upon the Lessor’s written request, within five (5) business days submit copies of the documents
certified by the Lessee’s authorized person confirming use of the equipment and the mechanisms in accordance with the requirements of the laws. 

  

	 	6.1.30.	 Within ten (10) business days upon signing the Premises Acceptance Certificate the Lessee shall make and
maintain in force the following insurance agreements: 

  

	 	6.1.30.1.	 Property insurance (equipment, stock) in the amount of the replacement cost of the property. Insurance shall be
provided on the “all risks” basis. The franchise shall not exceed RUB three million (3,000,000). 

  

	 	6.1.30.2.	 Civil liability insurance with the liability limit of no less than RUB five hundred million (500,000,000) on
all insurance events and each of them. The Franchise shall not exceed RUB one million five hundred thousand (1,500,000) and shall only apply to property damage. 

 

	 	6.1.30.3.	 All the insurance agreements specified above shall be provided by an insurance company whose rating is at least
ruA+ (Expert RA). 

  

	 	6.1.30.4.	 All the above-mentioned insurance agreements specified above shall contain provisions preventing the
Lessor’s and or the Lessee’s insurance company to recover from the Lessee and/or the Lessor by way of subrogation or otherwise, any losses or compensation of damage on the insurance events provided for by such insurance agreements.

  

	 	6.1.30.5.	 Property insurance on the “all risks” basis implies coverage of damage to property resulting from an
external and accidental impact, including without limitation the following risks: 

  

	 	•	 	 fire, lightning stroke, gas explosion; 

 

	 	•	 	 natural calamities; 

  

	 	•	 	 damage by water; 

  

	 	•	 	 explosion; 

  

	 	•	 	 theft with trespassing – events qualified by the law enforcement authorities according to clause b of Part 2
of Article 158 (theft with trespassing of premises or any other storage facilities); 

  

	 	•	 	 robbery – events qualified by the law enforcement authorities according to paragraph d of Part 2 of Article
161 of the Criminal Code of the Russian Federation; 

  

	 	•	 	 robbery with violence – events qualified by the law enforcement authorities according to Article 162 of the
Criminal Code of the Russian Federation; 

  

	 	•	 	 improper activities of third parties (improper activities under this certificate of insurance mean willful
activities aimed at destruction of / damage to the insured property which may be classified under the Criminal Code of the Russian Federation as: intentional destruction of or damage to property (Article 167 of the Criminal Code of the Russian
Federation), hooliganism (Article 213 of the Criminal Code of the Russian Federation), vandalism (Article 214 of the Criminal Code of the Russian Federation); 

 

	 	•	 	 falling of piloted flying objects or parts thereof on the insured property; 

 

	 	•	 	 running-down accidents. 

  
 47 

	 	6.1.31.	 Perform any other obligations stipulated by this Agreement. 

 

	6.2.	 The Lessee may: 

 

	 	6.2.1.	 Have unhindered 24h access (including weekends and holidays) to the Premises (use of the Premises) during the
whole Lease Period, including such right of the Lessee’s representatives, persons employed by the Lessee, and its counterparties (including without limitation the logistic operators, agents, users, carriers, and suppliers).

  

	 	6.2.2.	 Directly execute a separate contract for the provision of telecommunications services at the Premises with any
operator with a written notice to the Lessor. 

  

	 	6.2.3.	 Place signs with the Lessee’s name and indication of the Premises used by it, subject to prior approval of
the size and form of and the technical requirements to the sign by the Lessor. 

  

	 	6.2.4.	 If required, at its cost install in the premises additional racking equipment (not provided for by the Terms of
Reference), subject to a prior written agreement by the Lessor. 

  

	 	6.2.5.	 Load and unload goods in special loading and unloading areas of the Building in accordance with the Complex
Rules set forth in Appendix 5 to the Agreement, including without limitation, the right of to move in, enter, and exit for vehicles (including trucks) the territory of the Warehouse Complex for the purpose of loading and unloading goods.

  

	 	6.2.6.	 Independently carry out disinfection and deratization of the of the Premise without prior agreement upon a
certain service organization with the Lessor. 

  

	 	6.2.7.	 Make an agreement with a private security agency for protection of the Lessee’s property, its goods, and
the Premises. 

  

	 	6.2.8.	 Exercise any other right provided for by the Agreement. 

 

	6.3.	 After preliminary agreement by the Lessor, the Lessee may improve the system of electrical power supply,
heating, and water supply as well as the sanitary equipment, subject to no damage to the existing utilities, in the Premises. 

  

	6.4.	 The Lessee may install, assembly, maintain and use in the Premises the required equipment, appliances for
operations, security systems and equipment and other property. This equipment shall not be considered a part of the Premises or other leased property in accordance with the Agreement and shall remain the Lessee’s property. All such property and
equipment installed by the Lessee in the Premises shall be removed by it within the lease period. The Lessee shall be solely liable for any violation of the procedure for installation and operation of the equipment installed by the Lessee.

  

	6.5.	 The Lessee may additionally carry out the following work types in the Premises: works for installation of
computer systems and equipment in the Premises, works related to installation of a security alarm system, a video surveillance system and access control and warning systems, works for laying a structured cable network
(low-voltage cable systems, local area networks), works related to installation of the ventilation and air conditioning system and conducting a set of construction and installation works, electrical
installation works (installation of electrical releases to trading equipment), installation of antennae cable wiring, installation of telephone systems, and any other works. 

 

	6.6.	 The removable improvements provided by the Lessee shall be its property. In case the Lessee, subject to prior
agreement by the Lessor, provided improvements which cannot be removed without damage to the Premises, the Lessor shall not compensate the Lessee the cost of such improvements, unless otherwise stipulated by the Agreement. 

  
 48 

	6.7.	 In case of premature termination of the Agreement through the Lessor’s fault, the Lessor shall compensate
the Lessee the amount of residual balance-sheet value confirmed by documents of the permanent improvements provided by the Lessee. 

The value of the improvements provided by the Lessee which cannot be removed without damage to the Premises shall be paid by the Lessor within
ten (10) business days upon receipt of the Lessee’s claim. 
 At this, the balance value of property is calculated taking into
consideration regulatory depreciation group specified by the laws of the Russian Federation. In case of non-observance of the above-mentioned requirements, the Lessor sends to the Lessee the counter
calculation of property balance value to be reimbursed (taking into account average property depreciation term). 
  

	6.8.	 The Lessee may send to the Lessor information letters on appointment of persons authorized by the Lessee to
accept performance of the Agreement from the Lessor and sign the respective primary documentation. 

 The Lessee may
introduce changes into the list of the authorized persons specified in Clause 12.2 as of the time of signing the Agreement by means of sending respective written notices to the Lessor. 

The specified information letters of the Lessee shall be acknowledged by the Parties as written authorization issued in accordance with the
procedure provided for by paragraph 3 of Article 185 of the Civil Code of the Russian Federation. Sending the respective information letters by the Lessee shall exclude application of paragraph 1 of Article 312 of the Civil Code of the Russian
Federation to the Parties’ legal relations. 
  

	7.	 LESSOR’S RIGHTS AND OBLIGATIONS 

 

	 	7.1.	 The Lessor shall: 

 

	 	7.1.1.	 Transfer to the Lessee the Premises under the Acceptance Certificate in accordance with the procedure set in
the Agreement and within the timelines provided for by the Agreement. 

  

	 	7.1.2.	 Not interfere with the Lessee using the Premises. 

 

	 	7.1.3.	 Carry out capital repair of the Building if required. The Lessor undertakes to notify the Lessee of the further
capital repair within 60 (sixty) days before its start. 

  

	 	7.1.4.	 If, as a result of the capital repair carried out by the Lessor, the Lessee’s activities are restricted,
the Lessee shall be entitled to fully or partially stop its activities in the Premises until the end of such restrictions, but not later than the ending date of the capital repair. In the period when the Lessee’s activities are stopped, no
Lease Payment shall be charged and paid. 

  

	 	7.1.5.	 In case the Premises or the Building where they are located and the process equipment transferred to the Lessee
will be damaged by a fire, accident or any other events not resulting from the guilty actions (omission) by the Lessee, the Lessor shall eliminate them at its cost or within twenty-five (25) business days upon the date of submission of the
respective claim or compensate the Lessee’s losses. 

  

	 	7.1.6.	 Within its operational responsibility provide for uninterrupted functioning, keep in an operating condition,
maintain, and repair utilities of the Building and the Warehouse Complex. 

  

	 	7.1.7.	 Immediately eliminate accidents in the utilities with an impact on the Lessee having occurred in the Warehouse
Complex outside of the Premises using its own efforts. 

  
 49 

 Within the minimum technically required timelines the Lessor shall carry out the works for
localization of accidents (using its own efforts and resources) in the electric power supply, water supply, water discharge, sewerage, and heat supply network within the operational responsibility of the Lessor; the timelines for localization of the
accidents shall not exceed four (4) hours upon receipt of a notice of such accidents by the Lessor from the Lessee. 
 Within the
minimum technically required timelines the Lessor shall eliminate (using its own efforts and resources) failures and accidents in the electric power supply, water supply, water discharge, sewerage, and heat supply networks within the Lessor’s
operational responsibilities and their consequences in such networks, but anyway the time of elimination shall not exceed forty eight (48) hours upon receipt of a notice of such failures/accidents by the Lessor from the Lessee. Depending on the
complexity and reasons of damages, failures of electric power supply networks, water supply, water discharge, sewage, heat supply in the field of the Lessor’s responsibility, the Parties may agree upon a different term, which is objectively
required for fixing them. 
  

	 	7.1.8.	 In the course of any repair (except emergency) cause as little as possible inconveniences and disturbance to
the Lessee. 

 For the time of such repair works the Lessor shall be entitled to increase the scope of Operational
Maintenance only if this is required to ensure due and efficient work, management, maintenance, check or repair of the Building and/or the Warehouse Complex. 

The Lessor will not be deemed having violated the provisions of Clauses 7.1.5–7.1.7 of the Agreement as a result of non-performance of or a break in the Operational Maintenance as a result of the Lessee and/or persons for whom it is responsible and if the Lessor takes actions to resume the Operational Maintenance within the
shortest period after it has become aware of the break. 
  

	 	7.1.9.	 Monthly take control readings of the electricity, thermal power, and water metering units by 12 p.m. of the
business day following the accounting period. The readings shall be reflected in the record books. 

  

	 	7.1.10.	 Provide the Lessee with uninterrupted delivery of utility services. 

 

	 	7.1.11.	 Carry out repair (replacement) and verification of the metering units within the Lessor’s operational
responsibility, in case of their failure, at its cost. 

  

	 	7.1.12.	 Make the Lessee aware of the Plan of Traffic and Parking in the Complex Territory and location of places
intended for smoking of the Lessee’s personnel in the Complex territory. 

  

	 	7.1.13.	 Notify the Lessee of any changes in the Complex Rules, the Plan of Traffic and Parking in the Warehouse
Territory and location of places intended for smoking of the Lessee’s personnel in the Warehouse Complex territory. The Parties specifically stipulate that the Complex Rules may be changed, added or adjusted by the Lessor at any time, including
in case of a change in the applicable laws. The Lessor shall notify the Lessee of any changes in the Complex Rules in writing at least thirty (30) calendar days before the date when these changes enter into force. However, the changes in the
Complex Rules shall not impair the conditions or limit the Lessee’s normal operations vs. the version of the Complex Rules in Appendix 5 hereto. 

  
 50 

	 	7.1.14.	 Provide for quarterly reconciliation of payments with the Lessee. 

 

	 	7.1.15.	 At the time of signing the Agreement and within the whole lease period the Lessor shall: 

 

	 	(a)	 provide the Premises with the required electrical power in accordance with the Terms of Reference for operation
of the Premises and the equipment located in them by the Lessee; 

  

	 	(b)	 provide for consideration parking slots in the quantity of: [●] ([●]) for trucks and medium-duty
vehicles and [●] ([●]) for passenger vehicles; 

  

	 	(c)	 provide for uninterrupted access for the Lessee’s vehicles to the loading and unloading area;

  

	 	(d)	 provide for the required means of receiving cargos in the unloading area in accordance with the Terms of
Reference; 

  

	 	(e)	 provide for delivery of seasonal heating, hot and cold water supply, and water discharge to the Premises;

  

	 	(f)	 ensure the Premises meet the fire safety requirements, including in the part of presence of the required fire
safety systems, their maintenance and operation; 

  

	 	(g)	 provide for free passage of the Lessee’s employees in the Lessor’s territory to the Premises
specified in Clause 2.2 of the Agreement; 

  

	 	(h)	 at its cost provide for: cleaning of the common areas and the adjacent area, including snow removal, security
of the adjacent area and the entry/exit area of the Warehouse Complex; 

  

	 	(i)	 provide the Lessee with places for installation of containers for temporary accumulation of solid municipal
waste. 

  

	 	7.1.16.	 The Lessor assumes obligations for management of the Building and its technical (operational) maintenance,
including conducting capital and current repair, operation, and maintenance of the equipment, utilities, fire safety networks and systems, including those installed in the Premises (in the area of the Lessor’s operational responsibility),
providing for cleaning and current repair of the common area and ensuring security of the external perimeter of the Warehouse Complex, at its cost. 

  

	 	7.1.17.	 The Lessor shall not interfere with the Lessee’s use of any Premises in accordance with the Intended
Purpose in any way, either fully or partially, and shall not interfere with the Target Use of the Premises by the Lessee in any way. 

  

	 	7.1.18.	 The Lessor shall, upon the Lessee’s request, provide the Lessee with consulting assistance (without any
additional costs for the Lessee) with regard to use of the Premises for the purpose of discharging its obligations in accordance with the Agreement. 

  

	 	7.1.19.	 The Lessor shall, upon the Lessee’s request, provide the latter with the required certificates and any
other documents related to operation of the Premises in case the Lessee has received the respective demands from the governmental and municipal authorities. The Lessor shall provide the Lessee with a written response to such requests within ten
(10) business days upon receipt of the respective request from the Lessee, unless other timelines are agreed by the Parties. 

  
 51 

	 	7.1.20.	 The Lessor shall timely inform the Lessee of any changes related to the Premises which may significantly affect
the Lessee’s interests. 

  

	 	7.1.21.	 The Lessor shall provide the Premises with firefighting systems in accordance with the Building design and the
applicable laws. The Lessor shall also provide for uninterrupted operation, maintenance, and current repair of the firefighting systems within its operational responsibility. In case of any failures in the firefighting systems, the Lessor shall,
using its efforts and at its cost, eliminate such failures within the shortest required timelines. 

  

	 	7.1.22.	 Within ten (10) business days upon signing the Acceptance Certificate for the Premises the Lessor shall
make and maintain in force the following insurance agreements: 

  

	 	7.1.22.1.	 Property insurance (buildings, structures and engineering equipment), except for the result of work and
property of the Lessee in the amount of the full replacement cost calculated by it. Insurance shall be provided on the “all risks” basis. The franchise shall not exceed RUB three million (3,000,000). 

 

	 	7.1.22.2.	 Civil liability insurance with the liability limit of no less than RUB thirty million (30,000,000) with a limit
of liability for each separate insured case of not less than RUB five million (5,000,000). The Franchise shall not exceed RUB one million five hundred thousand (1,500,000) and shall only apply to property damage. 

 

	 	7.1.22.3.	 All the insurance agreements specified above shall be provided by an insurance company whose rating is at least
ruA+ (Expert RA). 

  

	 	7.1.22.4.	 All the above-mentioned insurance agreements specified above shall contain provisions preventing the
Lessor’s and or the Lessee’s insurance company to recover from the Lessee and/or the Lessor by way of subrogation or otherwise, any losses or compensation of damage on the insurance events provided for by such insurance agreements.

  

	 	7.1.22.5.	 Property insurance on the “all risks” basis implies coverage of damage to property resulting from an
external and accidental impact, including without limitation the following risks: 

  

	 	•	 	 fire, lightning stroke, gas explosion; 

 

	 	•	 	 natural calamities; 

  

	 	•	 	 damage by water; 

  

	 	•	 	 explosion; 

  

	 	•	 	 theft with trespassing – events qualified by the law enforcement authorities according to clause b of Part 2
of Article 158 (theft with trespassing of premises or any other storage facilities); 

  

	 	•	 	 robbery – events qualified by the law enforcement authorities according to paragraph d of Part 2 of Article
161 of the Criminal Code of the Russian Federation; 

  

	 	•	 	 robbery with violence – events qualified by the law enforcement authorities according to Article 162 of the
Criminal Code of the Russian Federation; 

  
 52 

	 	•	 	 improper activities of third parties (improper activities under this certificate of insurance mean willful
activities aimed at destruction of / damage to the insured property which may be classified under the Criminal Code of the Russian Federation as: intentional destruction of or damage to property (Article 167 of the Criminal Code of the Russian
Federation), hooliganism (Article 213 of the Criminal Code of the Russian Federation), vandalism (Article 214 of the Criminal Code of the Russian Federation); 

 

	 	•	 	 falling of piloted flying objects or parts thereof on the insured property; 

 

	 	•	 	 running-down accidents. 

 

	 	7.1.23.	 On the date of signing the Certificate of acceptance the Lessor undertakes to give the Lessee the following
documents according to the certificate of acceptance: 

  

	 	•	 	 executive documentation for power installation in the field of operational responsibility of the Lessee in
accordance with the Certificate of Delineation of Operational Responsibilities; 

  

	 	•	 	 documents on commissioning of the power installation in accordance with the Rules for the Design and Operation of
Electrical Installations. 

 Before this documentation is provided the Lessor is responsible for 0.4 kV power
installations and networks in accordance with the Certificate of Delineation of Operational Responsibilities. 
  

	 	7.1.24.	 Have any other duties arising out of the Agreement and set by the applicable laws. 

 

	 	7.2.	 The Lessor may: 

 

	 	7.2.1.	 Enter into the Premises being accompanies by the Lessee’s representatives (except accidents and
emergencies) in accordance with the procedure provided for herein. 

  

	 	7.2.2.	 The Lessor may, without any limitations, transfer, pledge or otherwise dispose of or charge any part of the
Building, including the Premises. The Lessor will notify the Lessee of any such actions at least ten (10) calendar days before them. However, this right of the Lessor shall not affect the Lessee’s activities in the Premises.

  

	 	7.2.3.	 The Lessor may send to the Lessee information letters on appointment of persons authorized by the Lessor to
accept performance of the Agreement from the Lessee and sign the respective primary documentation. 

 The Lessor may
introduce changes into the list of the authorized persons specified in Clause 12.2 hereof as of the time of signing the Agreement by sending the respective written notices to the Lessee. 

The specified information letters of the Lessor shall be acknowledged by the Parties as written authorization issued in accordance with the
procedure provided for by paragraph 3 of Article 185 of the Civil Code of the Russian Federation. Sending the respective information letters by the Lessor shall exclude application of paragraph 1 of Article 312 of the Civil Code of the Russian
Federation to the Parties’ legal relations. 

  
 53 

	8.	 LIABILITY OF THE PARTIES. 

 

	 	8.1.	 In case the Lessee has not made the Lease Payment (fully or partially) within the timelines set by the
Agreement conditions, the Lessor shall be entitled to charge a penalty in the amount of 0.1% of the amount of the payment not made for each calendar day of the delay, which the Lessee shall pay within seven (7) business days upon receipt of the
respective invoice and the written claim with a detailed calculation. 

  

	 	8.2.	 In case the Lessee has not made the Security Payment within the timelines specified in Clause 5.1 of the
Agreement and has not replenished it in accordance with Clauses 5.5, 5.6 and 5.10 of the Agreement, the Lessor shall be entitled to claim payment of a penalty in the amount of 0.1% of the Security Payment amount for each day of the delay in
discharge of the obligation. 

  

	 	8.3.	 Irrespective of the rights granted to the Lessor by Clause 8.1 of the Agreement, in case the Lessee violates
the deadlines of Variable Lease Payment in part of Utilities (in full or partially) the Lessor has the right to stop providing the Lessee with the utilities until such arrears are covered in full. The Lessor may stop providing utilities to the
Lessee after 20 (twenty) business days since the date when the Lessee receives a notification about the arrears and the need to pay it to the Lessor. 

  

	 	8.4.	 The Lessee shall be responsible for the technical condition of the Premises, the technical equipment
transferred to the Lessee by the Lessor in accordance with the Certificate of Delineation of Operational Responsibility. In case of any damage to the Premises, Building and/or the Utilities and/or Equipment in the Premises and/or the Building and/or
the Adjacent Territory, the Lessee shall compensate the losses confirmed by documents in accordance with Clause 6.1.24 of the Agreement. 

In case the Lessee untimely pays the invoice issued by the Lessor in accordance with Clause 6.1.24 of the Agreement and does not eliminate
this violation within ten (10) business days upon receipt of the respective claim from the Lessor, the Lessor may charge a penalty of 0.1% of the amount specified in the respective invoice for each calendar day of the delay, which the Lessee
shall pay within ten (10) business days upon receipt of the respective invoice and a written claim with detailed calculation from the Lessor. 
  

	 	8.5.	 The Lessee is responsible for security of seals installed on the metering units in the Premises which are on
the balance of the Lessor except for the metering units located in premises which are not accessible for the Lessee. 

The fine for damaging the seal installed on the electric energy metering unit amounts to RUB twenty thousand (20,000). 

 

	 	8.6.	 In case of violation of the Rules for the Lessees by the workers of the Lessee as well as other persons of the
Lessee who received a pass to the Warehousing Complex from the Lessee, according to the Clause 1.7.7 of the Rules for the Lessees, the Lessor has the right to charge the Lessee and the Lessee undertakes to pay the fine not later than 7 (seven)
banking days since the moment of receipt of the respective act which records such a violation and is signed by both parties and a respective invoice, namely: 

  
 54 

							
	 No.
	  	 VIOLATION DESCRIPTION
	  	 RULES
CLAUSE
	  	 FINE AMOUNT

	1	  	Smoking where it’s not allowed	  	clause 4.1	  	RUB 2,000 per each recorded case
				
	2	  	Spirits consumption	  	Clause 4.1	  	RUB 5,000 per each recorded case
				
	3	  	Draining of food leftovers and any liquids into the sinks which promotes clogging of drainage and damage of sanitary equipment surfaces	  	 Clause 4.2.
  

Clause 5.5.
	  	RUB 1,000 per each recorded case
				
	4	  	Violation of the rules for construction works for fitting the Premises	  	Clause 4.3.1.	  	RUB 3,000 per each recorded case
				
	5	  	Performance of welding operations without the Lessor’s approval	  	Clause 4.3.2.	  	RUB 10,000 per each recorded case
				
	6	  	Cooking food in Premises that are not intended for these purposes	  	Clause 4.4.5.	  	RUB 3,000 per each recorded case
				
	7	  	Stocking property and hoarding of Common Areas and evacuation corridors	  	Clause 4.5.	  	RUB 3,000 per each recorded case
				
	8	  	Violation of rules of collection and accumulation of solid household wastes	  	Clause 5.8.	  	RUB 1,000 per each recorded case
				
	9	  	Violation of traffic rules (speed limit, marking violation, violation of driving regulations) and rules for parking vehicles on the territory of the Warehousing Complex	  	Section 7	  	RUB 1,000 per each recorded case
				
	10	  	Violation of rules for placing tables and signs having advertising and marketing intent	  	Section 10	  	RUB 5,000 per each recorded case
				
	11	  	Violation of fire safety rules on the territory of the Warehousing Complex which resulted in unauthorized application of open fire on the territory of the Warehousing Complex (except for smoking in places where it’s not
allowed)	  	Section 11	  	 RUB 10,000 per each recorded case
  

RUB 50,000 for the third and each subsequent recorded case

				
	12	  	Violation of fire safety rules on the territory of the Warehousing Complex presented by violation of the rules of storage and use of highly flammable and volatile liquids, explosive substances and materials	  	Section 11	  	 RUB 10,000 per each recorded case
  

RUB 50,000 for the third and each subsequent recorded case

				
	13	  	Violation of fire safety rules on the territory of the Warehousing Complex represented by unauthorized use or damage of fire safety equipment including the end devices of automatic fire extinguishing systems except for external
damages to the fire cabinets.	  	Clause 11.6	  	RUB 10,000 per each recorded case
				
	14	  	Illegal use of the territory of the Warehousing Complex as a toilet outside of special locations dedicated by the Lessor for such purposes	  	—  	  	RUB 1,000 per each recorded case

  

	 	8.7.	 Clause 8.6 of the Agreement covers the Lessor, the Lessor’s workers as well as other persons of the Lessor
who received a pass to the territory of the Warehousing Complex from the Lessor. 

  
 55 

	 	8.8.	 The Lessor shall be fully liable for any damage to the Lessee’s Property and employees resulting from non-discharge or undue discharge of the Lessor’s duties provided for by the Agreement, including capital repair and cleaning of the territory. 

 

	 	8.9.	 In case of violation of the timelines for return of the Security Payment by the Lessor set by the Agreement,
the Lessee may charge a penalty of 0.1 % of the debt amount for each day of the delay from the Lessor. 

  

	 	8.10.	 The Lessor shall not be liable for: 

 

	 	8.10.1.	 In case of damage to the Premises or the Lessee’s property and third parties staying in the Premises as a
result of actions/omission of third parties, including other lessees, the Lessee’s employees, and the Lessee’s suppliers. However, the Lessor undertakes to assist and cooperate with the Lessee in all respects with regard to compensation of
the damage by the persons having caused it. 

  

	 	8.10.2.	 In case of stop of water supply or electric power supply, stop of functioning of the sewerage system, the air
conditioning or any other utility service, if this does not result from the Lessor’s actions/omissions. 

  

	 	8.10.3.	 This shall not release the Lessor from the duty to immediately inform the Lessee of such events, taking into
consideration the timelines for their elimination. 

  

	 	8.10.4.	 In case of a change in the law or arising of any administrative or court decision whose purpose or result will
be stop or limitation of the Lessee’s activities in the Building (except the circumstances depending on the Lessor). 

  

	 	8.10.5.	 For the losses caused to the Lessee by inflammations or any other similar events in case of the Lessee’s
guilty activities. 

  

	 	8.11.	 The Lessor shall not compensate any lost profit of the Lessee under any conditions and/or circumstances as well
as the Lessee shall not compensate any lose profit of the Lessor under any conditions and/or circumstances. 

  

	9.	 TERMINATION. 

 

	 	9.1.	 Early termination of the Agreement is possible: 

 

	 	•	 	 by agreement of the Parties; 

 

	 	•	 	 in the order and by reasons prescribed by the Agreement or acting laws of the Russian Federation.

  

	 	9.2.	 The Lessor shall be entitled unilaterally terminate the Agreement without recourse to a court and
claim compensation of the losses confirmed by documents in the following cases: 

  

	 	9.2.1.	 Use of the Premises or a part of the Premises not for their Intended Purpose if such violation is not
eliminated by the Lessee within thirty (30) calendar days upon receipt of the Lessor’s notice of use of the Premises or a part thereof not for their Intended Purpose. 

 

	 	9.2.2.	 Major impairment of the condition of the Premises and/or the Utilities in the area of the Lessee’s
operational responsibility through the Lessee’s fault, as confirmed by an expert opinion of an independent expert organization. 

The duty for engagement of an expert organization shall be borne by the Lessor. The Lessor shall agree upon the expert organization with the
Lessee by emailing a respective request to: [●]. 

  
 56 

 The request shall contain: 1) a list of questions to be submitted to an expert; 2) a list
of expert organizations with attachment of documents confirming their readiness to carry out an expert examination and the qualification of the experts; 3) the timelines for conducting the expert examination for each expert organization; 4) the cost
of the expert examination for each expert organization. 
 Within two (2) business days upon sending a request by the Lessor, the
Lessee shall agree upon one of the expert organizations suggested by the Lessor or suggest other expert organization. In case the Lessor does not receive a response by the Lessee within two (2) business days upon sending the request for
agreement upon the expert organization, the Lessor shall be entitled to choose an expert organization from those specified in the request at its discretion. 

However, the Lessee shall bear any expenses related to conducting the expert organization. Subsequently, the expenses shall be charged to the
guilty Party. 
 Significant impairment of the Premises means actions/omission by the Lessee having resulted in a change in the reliability
and safety characteristics of the Premises and their Utilities under which operation of the Premises is prohibited by the laws of the Russian Federation in case such impairment is not eliminated within twenty (20) calendar days upon receipt of
the expert opinion of an independent expert organization regarding its presence by the Lessee, unless another period is agreed by the Parties. 

Significant impairment of the Premises may no be actions (works) of the Lessee having resulted in the above-mentioned consequences, if such
actions (works) have been agreed (approved) by the Lessor in accordance with the Agreement and if such actions (works) have been performed by the Lessee in strict compliance with the agreed conditions. 

 

	 	9.2.3.	 In case the Fixed Part of the Lease Payment (in full or in part) has not been paid by the Lessee for more than
three times within six (6) months upon the end of the payment period set by the Agreement with a delay of more than ten (10) calendar days each time). In this case, the Lessor shall notify the Lessee in writing that the Lease Payment has
not been made (in full or in part) and if the Lessee has not eliminated this violation within seven (7) business days upon receipt of the notice, the Lessor shall be entitled to terminate the Agreement. 

 

	 	9.2.4.	 If the Lessee has delayed discharge of the obligation for provision of the Security Payment within the
timelines specified in Clause 5.1. of the Agreement and the obligations for replenishment of the Security Payment in accordance with Clauses 5.5, 5.6, and 5.10 of the Agreement by more than ten (10) business days. In this case, the Lessor shall
notify the Lessee in writing that the Lease Payment has not been made (in full or in part) and if the Lessee has not eliminated this violation within fifty (50) business days upon receipt of the notice, the Lessor shall be entitled to terminate
the Agreement. 

  

	 	9.2.5.	 If the monitoring procedure has been initiated with regard to the Lessee and it has been lasting for more than
three (3) months and any debt is present towards the Lease Payment for more than one (1) month according to the laws at the place of its registration (or any other applicable laws) or according to the laws regulating the Agreement or the
Lessee starts the liquidation procedure. 

  

	 	9.3.	 The Lessee may unilaterally prematurely terminate the Agreement without recourse to a court in the following
cases: 

  

	 	9.3.1.	 If the monitoring procedure has been initiated with regard to the Lessor and it has been lasting for more than
three (3) months according to the laws at the place of its registration (or any other applicable laws) or according to the laws regulating the Agreement or the Lessee starts the liquidation procedure. 

  
 57 

	 	9.3.2.	 If for the reasons within the Lessor’s responsibility the Premises have been caused direct damage and,
therefore, more than twenty percent (20%) of the total area of the Premises becomes fully unsuitable for their use in accordance with the Intended Purpose and the damage is not eliminated within three (3) months upon confirmation of the damage
by the Parties; 

  

	 	9.3.3.	 in case for the reasons depending on the Lessor, the Lessee’s activities in the Premises related to use of
the Complex as a logistic warehouse complex become impossible and may not be resumed one (1) month upon the time of confirmation of the fact of the Lessee’s inability to carry out its activities in the Premises by the Parties.

  

	 	9.3.4.	 In case for the reasons beyond the Lessee’s control, the Lessee has not been granted access to Premises 2
and/or Premises 3 within 30 (thirty) months upon Phase 2 and Phase 3 Option Acceptance, accordingly. 

  

	 	9.3.5.	 If, as a result of actions by the governmental authorities the Building and/or the Land Plot are seized from
the Lessor. In this case, the Lessor undertakes to return the Security Payment to the Lessee. 

  

	 	9.4.	 The Agreement shall be deemed terminated in accordance with Clause 9.2. of the Agreement, starting from the
date specified in the Lessor’s written notice sent to the Lessee, but anyway not earlier than ninety (90) calendar days upon receipt of the written notice by the Lessee. In this case, if the Agreement is prematurely terminated in
accordance with Clause 9.2 of the Agreement, the Lessor shall compensate the Lessee the losses confirmed by documents and incurred by it due to such termination. 

 

	 	9.5.	 The Agreement will be deemed terminated in accordance with Clause 9.3 of the Agreement, starting from the date
specified in the Lessee’s written notice sent to the Lessor, but anyway not earlier than ninety (90) calendar days upon receipt of the written notice by the Lessor. At this, in case of a premature termination of the Agreement in accordance
with Clause 9.3 of the Agreement the Security Payment is taken as a Lease Payment for the last month of lease. 

  

	 	9.6.	 The Lessor shall not compensate the value of the permanent improvements of the Premises provided by the Lessee
in accordance with the Agreement, including the value of the Equipment and the Utilities, the costs for construction and installation and any other preparatory works unless otherwise stipulated by the Agreement or agreed by the Parties.

  

	 	9.7.	 Transfer of the ownership right to the Building/Premises or a part thereof to another person shall not be a
basis for amendment or termination of the Agreement. The Lessor shall notify the Lessee of a change in the owner of the Building / the Premises or a part thereof within five (5) business days upon transfer of the ownership right.

  

	 	9.8.	 Regardless to any other rights and remedies provided to the Lessee in accordance with the Agreement or the
applicable law, in case if termination of the Agreement by the Lessee in accordance with Clause 9.3 of the Agreement, as demanded by the Lessee, the Lessor shall pay to the Lessee an amount of the costs (losses) incurred by the Lessee due to
execution and/or termination of the Agreement. 

  

	 	9.9.	 Regardless to any other right and remedies provided to the Lessor in accordance with the Agreement or
applicable law, in case of termination of the Agreement by the Lessor in accordance with Clause 9.2 of the Agreement, as demanded by the Lessor, the Lessee shall pay to the Lessor: 

 

	 	9.9.1.	 penalty in the amount of Permanent Lease Payment which would be due for payment by the Lessee to the Lessor for
three (3) months of lease based on the amount of payment for the last month of the Agreement; 

  
 58 

	 	9.9.2.	 amount of incurred by the Lessor expenses related to conclusion and/or termination of Agreement in the part of
uncovered penalty specified by the Clause 9.9.1 of the Agreement. 

  

	 	9.10.	 Regardless to any other rights and remedies provided to the Lessee in accordance with the Agreement or
applicable law, in case of termination of the Agreement by the Lessee in accordance with Clause 9.3 of the Agreement, as demanded by the Lessee, the Lessor shall pay to the Lessee: 

 

	 	9.10.1.	 penalty in the amount of Permanent Lease Payment which would be due for payment by the Lessee to the Lessor for
three (3) months of lease based on the amount of payment for the last month of the Agreement; 

  

	 	9.10.2.	 amount of incurred by the Lessee expenses related to conclusion and/or termination of Agreement in the part of
uncovered penalty specified by the Clause 9.10.1 of the Agreement. 

  

	10.	 ASSIGNMENT. SUBLEASE. 

 

	 	10.1.	 By signing the Agreement the Lessor gives its written consent that the Lessee may sublease the Premises or a
part thereof (subject to a written notice to the Lessor ten (10) business days before the sublease) in case of a sublease to the Lessee’s Affiliate (including the following entities: Internet Logistics LLC (OGRN 1076949002261, INN
6949003359) and Ozon Holding LLC (OGRN 5167746332364, INN 7743181857)). In the Agreement the “Affiliate” means a legal entity in which more than 51% of interests/shares are owned by the Party / the Party’s founders/members.

  

	 	10.2.	 By signing this Agreement the Lessor gives its written consent that the Lessee may sublease the premises of the
canteen and the first-aid post for operations (subject to a prior written notice to the Lessor ten (10) calendar days before the sublease) to the legal entities and/or individual entrepreneur, subject to
submission of all the permits for the respective activities to the Lessor. 

  

	 	10.3.	 The Lessor may assign its rights and obligations under the Agreement to third parties without a prior written
consent by the Lessee but with a subsequent notification of the Lessee within 10 (ten) business days. 

  

	11.	 FORCE MAJEURE 

 

	 	11.1.	 Each of the Parties shall be released from liability for full or partial failure to perform its obligations
under the Agreement, if such failure has been caused by Force Majeure Events having occurred after making the Lease Agreement. The release of liability refers only to the obligations whose duly performance has become impossible due to such Force
Majeure Events and only for the duration period of the Force Majeure Events. 

  

	 	11.2.	 A Party that refers to force majeure events shall immediately after occurrence of such events notify the other
Party of them in writing. 

  

	 	11.3.	 In case the Force Majeure Events last for more than three (3) months or there are reasonable grounds to
suppose that the Force Majeure Events will last for more than three (3) months and in case the Force Majeure Event is issuing a regulatory act of the Russian Federation making performance of the Agreement impossible, the Parties undertake to
start negotiations and amend the Agreement in such a way that the Parties could continue performance of their obligations hereunder and in the way closest to the initial intentions of the Parties. 

  
 59 

	12.	 NOTICES 

  

	 	12.1.	 Any notices, approvals, consents, permits, and other messages related to the Lease Agreement shall be in
writing and shall be delivered by registered mail with acknowledgement of receipt or by courier to the address of the respective party specified in this Clause. 

 

	 	12.2.	 The Parties’ mailing addresses: 

 

			
	The Lessor:	  	The Lessor:
		
	[●]	  	[●]
		
	Mailing address:	  	Mailing address:
		
	[●]	  	[●]
		
	Attention:	  	Attention:
		
	[●]	  	[●]

  

	 	12.3.	 The Parties shall notify each other of any changes in the banking or mailing details within five
(5) business days upon changing them. Any actions performed by the Parties using the old addresses and details before receiving an appropriate notice of a change in them, shall be deemed duly performed. 

 

	 	12.4.	 Any messages shall be valid starting from the date of delivery to the respective mailing address.

  

	13.	 LESSOR’S GUARANTEES 

 

	 	13.1.	 The Lessor provides the Lessee with the representations (as provided by Article 431.2 of the Civil Code) given
in this Section 13 of the Agreement (Lessor’s Representations) and acknowledges that the Lessee has entered into the Agreement with reliance on the Lessor’s Representations and their accuracy. The Parties have come to an agreement
that the Lessor’s Representations and provision of the Lessee’s accurate Representations shall be a material condition of the Agreement. Ensuring accuracy of the Lessor’s Representations as of the Agreement Date and for the period of
its validity is the Lessor’s responsibility. The Lessor hereby represents that: 

  

	 	13.1.1.	 As of Agreement Date the Land Plot and/or the Premises are not pledged, the Land Plot and/or the Premises are
not sold or otherwise transferred by the Lessor, are not in dispute (including on the matter of law) or under arrest (seizure), no recourse is taken against the Land Plot and/or the Premises, the Land Plot and/or the premises have not been
contributed to the authorized capital of a legal entity, placed in trust, transferred to a fund, as a contribution or to joint operations of a simple partnership, the Land Plot and/or the Premises are not under prohibition of registration activities
in the authority responsible for state registration of rights to real estate, the Land Plot and/or the Premises are free from any encumbrances and limitations, including the Land Plot and/or the Premises are not charged or servient, regardless to
indication of the encumbrances in the Unified State Register of Immovable Property (i.e. data which are not recorded in the Unified State Register of Immovable Property, but exist). 

 

	 	13.1.2.	 The Premises are not and will not be results of unauthorized construction and/or reconstruction by the Lessor
or other persons according with the applicable laws. 

  

	 	13.1.3.	 The Lessor has obtained the ownership right to the Land Plot in full compliance with the applicable laws. There
are and will be no grounds for disputing the Lessor’s ownership rights to the Land Plot due to the reasons that the Lessor controls or is aware of. 

  
 60 

	 	13.1.4.	 Any limitations or encumbrances which may be established with regard to the Land Plot and/or the Premises in
the future (reasonably depending on the Lessor) will not have an impact on the Lessee’s activities in the Premises in accordance with the Agreement. 

  

	 	13.2.	 The Lessor also provides warranties that: 

 

	 	13.1.1.	 As of the date of signing the Acceptance Certificate, the Premises are duly commissioned in accordance with the
laws of the Russian Federation and meet all the applicable construction rules and regulations and the purpose and are not subject to any other lease agreements, except the Agreement. 

 

	 	13.1.2.	 As of the Agreement Date, it has all the required permits, licenses, and any other required documents for
construction of the Premises, has obtained and/or will obtain all the required approvals of the governmental or municipal and other competent authorities. 

  

	 	13.1.3.	 The Lessor observes all the requirements of the laws regarding sanitary, fire, environmental, and construction
safety. 

  

	14.	 AGREEMENT REGISTRATION 

 

	 	14.1.	 Within five (5) business days upon signing the Agreement, the Lessee will provide the Lessor with the
documents for state registration of the Agreement. 

  

	 	14.2.	 The Lessor shall, using its own efforts and at its cost, carry out the required actions for state registration
of the Agreement (including without limitation technical record-keeping of the Premises) until the Agreement Date. 

  

	 	14.3.	 The Lessor shall notify the Lessee of the date of filing the documents for state registration and the date of
state registration within three (3) business day upon occurrence of the respective events. 

  

	 	14.4.	 The Lessor shall return to the Lessee its copy of the Agreement with a stamp of state registration within ten
(10) business days upon state registration. 

  

	 	14.5.	 The Lessor shall pay, as an applicant, the state duty for state registration of the Agreement in the Unified
State Register of Immovable Property. The Lessee shall compensate the Lessor fifty percent (50%) of the amount of the state duty within three (3) business days upon the date of receiving the respective invoice from the Lessor and a copy of the
payment order for payment of the state duty. 

  

	 	14.6.	 Upon expiry of the Lease Period and in case of early termination hereof, the Lessee shall provide the Lessor
with the documents and information necessary for the respective registration by the competent public authority. 

  

	 	14.7.	 State registration of any amendments to the Agreement shall be provided in the same order as the one of the
Agreement. 

  

	15.	 CONFIDENTIALITY 

 

	 	15.1.	 Each of the Parties agrees not to use for any purposes not related to performance of the Agreement and not to
disclose to third parties (except as provided for by Clause 15.2 of the Agreement) any terms and conditions hereof or any other documents related to then without a prior written consent of the other Party. 

 

	 	15.2.	 The limitations set in Clause 15.1 of the Agreement do not refer to disclosing any information:

  

	 	(i)	 if such information shall be disclosed according to the applicable laws; 

 

	 	(ii)	 upon request of any other competent authority/organization, it is required according to the applicable Russian
laws; 

  
 61 

	 	(iii)	 to professional consultants or auditors of the Party; or 

 

	 	(iv)	 (only in case of the Lessor) when it is necessary to confirm the Lessor’s ownership and/or encumbrances
and/or other rights in relation to any part of the Warehouse Building and/or Premises or other buildings on the Land Plot (to buyers, creditors, competent authorities, or other persons). 

  
 62 

	16.	 MISCELLANEOUS 

 

	 	16.1.	 In interpreting the Lease Agreement, it shall be taken into account that: 

 

	 	16.1.1.	 any obligation of the Lessee and the Lessor not to commit any action includes an obligation not to allow
commission of such an action; 

  

	 	16.1.2.	 if the Lessor’s or the Lessee’s approval or consent is required, it shall be deemed to be valid, only
if made in writing; 

  

	 	16.1.3.	 references to the Lessee’s actions or violation of obligations by the Lessee include actions or omissions,
or violation of obligations, or unfair performance of obligations by the sublessee or any person located in the Premises with the permission of the Lessee or the sublessee; 

 

	 	16.1.4.	 references to the Lessor’s actions or violation of the Lessor’s obligations include actions or
omissions, or violation of obligations, or unfair performance of obligations by any person staying in the Premises with the permission of the Lessor; 

  

	 	16.1.5.	 days shall mean calendar days; 

 

	 	16.1.6.	 the words “including”, “include”, “inter alia” are considered without limitation
of interpretation to those listed; 

  

	 	16.1.7.	 the headings of clauses of and Appendices to the Agreement are given for convenience only and shall not be used
to interpret the contents of the Agreement; 

  

	 	16.1.8.	 unless the context indicates otherwise, any reference to the clause or Appendix means a reference to the
relevant Clause of or Appendix to the Agreement; 

  

	 	16.1.9.	 references to “expenses” include any losses, damage and properly incurred expenses and costs, but do
not include loss of profit; 

  

	 	16.1.10.	 any Lessor’s right of access or entry to the Premises shall apply to all persons authorized by the Lessor;

  

	 	16.1.11.	 references to Russian rubles means the legal currency of the Russian Federation at the appropriate time.

  

	 	16.2.	 Any penalties provided for by the Agreement shall be paid by the guilty Party only based on the other
Party’s written request within fifteen (15) business days upon receipt of the claim, unless otherwise stipulated by the Agreement and/or agreed by the Parties. 

 

	 	16.3.	 Unless otherwise expressly stated herein, each Party shall perform its obligations at its own expense.

  

	 	16.4.	 If any provision of the Agreement is deemed by a court resolution or otherwise invalid, unlawful or
unenforceable for any reason, it shall not affect the remaining provisions of the Agreement. The Parties undertake to make the necessary amendments to the provisions hereof which are invalid, unlawful or unenforceable in such a way that they become
valid, legal and enforceable, or replace such provisions with valid, legal and enforceable ones that shall have an economic effect as close as possible to the original intention of the Parties without changing any material provisions hereof.

  

	 	16.5.	 A material change in the circumstances from which the Parties proceeded when entered into the Agreement (as
defined in Article 451 of the Civil Code of the Russian Federation) shall not constitute the ground for amendment or termination of the Agreement by either Party. 

 

	 	16.6.	 After signing the Agreement all the previous correspondence and agreements of the Parties shall become void.

  

	 	16.7.	 The Agreement is executed in five (5) original copies: one (1) for each of the Parties and one (1)
for the Department of the Federal Service for State Registration, Cadastral Records and Cartography for Krasnodar Region (hereinafter – “Registration Authority”). 

  
 63 

 The remaining two (2) copies shall not be filed for state registration and shall be
kept by the Parties until receiving the registered document from the Registration Authority as confirmation of the fact of signing the Agreement. All the copies shall have equal legal force. 

 

	 	16.8.	 The Agreement has been drawn up and is subject to interpretation and regulation in accordance with the
applicable Laws of the Russian Federation. 

  

	 	16.9.	 The Agreement contains the following Appendices forming an integral part hereof: 

 

			
	Appendix 1	 	Copy of the Premises Layout;
		
	Appendix 2	 	Complex and Parking Layout;
		
	Appendix 3	 	Certificate of Delineation of Operational Responsibility;
		
	Appendix 4	 	Acceptance Certificate form;
		
	Appendix 5	 	Complex Rules;
		
	Appendix 6	 	Parties’ Obligations Related to Occupational Health and Fire, Environmental, and Industrial Safety.

  

	17.	 APPLICABLE LAW AND DISPUTE RESOLUTION 

 

	 	17.1.	 The Agreement shall be regulated by the Laws of the Russian Federation. 

 

	 	17.2.	 In case of any dispute between the Parties in relation to the Agreement, upon request of one of the Parties,
the authorized representatives of the Parties shall meet within five (5) business days from the date of the request in order to resolve the dispute without recourse to a court. 

 

	 	17.3.	 If any dispute is not resolved in accordance with Clause 14.2 of the Agreement within fifteen
(15) business days upon the request, any dispute arising out of the Agreement or related to it shall be resolved in the Arbitrazh (Commercial) Court of Moscow, unless otherwise agreed in the course of negotiation. 

 

	18.	 LEGAL ADDRESSES, BANK DETAILS AND SIGNATURES OF THE PARTIES 

 

			
	 The Lessor:
  

Adva LLC
 OGRN 1133443021810 INN: 3443923606

Address: 1 Logopark Street, building 1, Lenina

village, Aksay district 346703, Rostov region
	 	 The Lessee:
  

Internet Solutions LLC
 OGRN 1027739244741, INN 7704217370

Address: 10 Presnenskaya nab., unit 1, floor
 41, Moscow 123112
6

		
	[●]	 	[●]

 
	
	
	                                      
                                         
         /[●]                       
                                         
                                 /[●]

  
 64 

 SUPPLEMENTARY AGREEMENT No. 1 

to Preliminary Lease Agreement dated November 6, 2019 
  

			
	Moscow	 	December 31, 2019

 Adva Limited Liability Company (brief name – Adva LLC), (OGRN 1133443021810, INN 3443923606, located at: 1 Lenina
village, building 1, Aksay District 346703, Rostov region) represented by Armen Lorensovich Shakhnazarov acting under Power of Attorney No. 21-D/19 dated May 21, 2019, hereinafter referred to as the
“Lessor”, on the one part, and 
 Internet Solutions Limited Liability Company (brief name – Internet Solutions LLC), (OGRN
1027739244741, INN 7704217370, located at: 10 Presnenskaya nab., unit 1, floor 41, room 6), Moscow 123112, represented Andrey Igorevich Pavlovich acting under Power of Attorney No. 77/719-n/77-2019-14-285 dated August 26, 2019, hereinafter referred to as the “Lessee”, on the other part, together hereinafter
referred to as the “Parties”, and separately as a “Party”, entered into this Supplementary Agreement (hereinafter – the “Supplementary Agreement”) to the Preliminary Lease Agreement dated November 6, 2019
(hereinafter – the “Agreement”) as to the following: 
 1.     Amend Clause 2.5 of the Agreement to
read as follows: 
  

	 	“2.5.	 To acquire the right to make the Preliminary Lease Agreement for Phase 2 (as defined below), the Preliminary
Lease Agreement for Phase 3 (as defined below) the Lessee shall pay to the Lessor a fee (premium). 

  

	 	2.5.1.	 The Phase 2 Option fee shall be equal to the area of Premises 1 multiplied by RUB forty one and sixty-seven
kopecks (41.67), excluding VAT. The Phase 2 Option fee shall be paid by the Lessee in the indicated amount on a monthly basis, starting from the date of signing the Certificate of Acceptance for Use of Premises 1 and/or an Acceptance Certificate for
Premises 1 until the date of one of the following events (whichever occurs earlier): 

  

	 	•	 	 date of signing of the Access Certificate for Premises 2 if the Phase 2 Option is accepted by the Lessee
(inclusive); 

  

	 	•	 	 date of expiration of the validity period of Phase 2 Option if the Phase 2 Option is not accepted by the
Lessee. 

 Starting from the date of the events specified in this Clause of the Agreement, the Phase 2 Option
Payment shall be stopped to be charged and paid. 
 The Phase 2 Option Payment shall be paid by the Lessee at the same time as the
use fee for Premises 1 (according to Clause 13.10 of the Agreement) and/or the Lease Payment for Premises 1 (according to Long-term Lease Agreement 1). 
  

	 	2.5.2.	 The Phase 2 Option Payment shall not be counted towards the security payment, the use fee and/or the lease
payment under the Preliminary Lease Agreement for Phase 2 (as defined below) and/or Long-term Lease Agreement 2 and shall not be reimbursable in case the Phase 2 Option is not accepted by the Lessee during the option validity period.

  

	 	2.5.3.	 The Phase 3 Option fee shall be equal to the area of Premises 1 multiplied by RUB twenty and eighty-three
kopecks (20.83), excluding VAT. The Phase 3 Option fee shall be paid by the Lessee in the indicated amount on a monthly basis, starting from the date of signing the Certificate of Acceptance for Use of Premises 1 and/or an Acceptance Certificate for
Premises 1 until the date of one of the following events (whichever occurs earlier): 

  

					
	 Representative
  

Adva LLC
  

        /signature/         A.L. Shakhnazarov
	 		 	 Representative
  

Internet Solutions LLC
  

                /signature/       
          A.I. Pavlovich

  
 Page 1 of 3 

	 	•	 	 date of signing of Access Certificate 3 if the Phase 3 Option is accepted by the Lessee (inclusive);

  

	 	•	 	 date of expiration of the validity period of Phase 3 Option if the Phase 3 Option is not accepted by the
Lessee. 

 Starting from the date of the events specified in this Clause of the Agreement, the Phase 3 Option
Payment shall be stopped to be charged and paid. 
 The Phase 3 Option Payment shall be paid by the Lessee at the same time as the
use fee for Premises 1 (according to Clause 13.10 of the Agreement) and/or the Lease Payment for Premises 1 (according to Long-term Lease Agreement 1). 
  

	 	2.5.4.	 The fee for Phase 3 Option shall not be counted towards the security payment, the use fee and/or the lease
payment under the Preliminary Lease Agreement for Phase 3 (as defined below) and/or Long-term Lease Agreement 3 and shall not be reimbursable in case the Phase 3 Option is not accepted by the Lessee during the option validity period.”

 2.     The Parties have agreed to set forth Clause 2.28 of the Agreement as follows:

  

	 	“2.28.	 The Basic Lease Payment Rate under Long-term Agreement 1 provided for in Clause 4.6.1 (a) of Long-term Lease
Agreement 1 shall be changed by increasing it by RUB five hundred (500) using indexation if it has been applied to the rates. The Basic Lease Payment under Long-term Lease Agreement 1 according to Clause 4.13 of Long-term Lease Agreement 1 in
the following cases (whichever is earlier): 

  

	 	•	 	 in case of granting access to Premises 2 to the Lessee, as confirmed by signing Access Certificate for
Premises 2 by the Parties; 

  

	 	•	 	 in case of expiration of the validity period of Phase 2 Option if the Phase 2 Option is not accepted by the
Lessee.” 

 3.     The Parties have agreed to set forth Clause 2.28 of the Agreement
as follows: 
  

	 	“2.29.	 The Basic Lease Payment rate under Long-term Lease Agreement 1 provided for in Clause 4.6.1. (a) of
Long-term Lease Agreement 1 shall be subject to change by increasing it by RUB two hundred fifty (250) with application of indexation if it has been applied to the Basic Lease Payment rates under Long-term Lease Agreement 1
according to Clause 4.13 of Long-term Lease Agreement 1 in the following cases (whichever is first): 

  

	 	•	 	 in case of granting access to Premises 3 to the Lessee, as confirmed by signing Access Certificate for
Premises 3 by the Parties; 

  

	 	•	 	 in case of expiration of the validity period of Phase 3 Option if the Phase 3 Option is not accepted by the
Lessee.” 

 4.     The Parties have agreed to set forth Clause 4.7 of Long-term Lease
Agreement 1 (Appendix 3) of the Agreement as follows: 
  

	 	“4.7.	 The Parties have agreed that 

 

					
	 Representative
  

Adva LLC
  

        /signature/         A.L. Shakhnazarov
	 		 	 Representative
  

Internet Solutions LLC
  

                /signature/       
  A.I. Pavlovich

  
 Page 2 of 3 

	 	4.7.1.	 In case of the Lessee is granted access to the Premises 2 under the Preliminary agreement which is confirmed
by the fact that Parties signed the Certificate of access to the Premises 2, or in case of expiry of Phase 2 Option, if the Phase 2 Option is not accepted by the Lessee according to the Preliminary Lease agreement as of August 30, 2019 signed
by the Parties (depending on which event happens earlier), the rates of the Basic Lease Payment under Agreement specified in clause 4.6.1 of the Agreement are to be increased by RUB five hundred (500) with indexing if such was applied to the
rates of the Basic Lease Payment according to clause 4.13 of the Agreement. In this case, the Phase 2 Option Payment shall be stopped to charged and paid. 

 

	 	4.7.2.	 In case of the Lessee is granted access to the Premises 3 under the Preliminary agreement which is confirmed
by the fact that Parties signed the Certificate of access to the Premises 3, or in case of expiry of Phase 3 Option, if the Phase 3 Option is not accepted by the Lessee according to the Preliminary Lease agreement as of
November 6, 2019 signed by the Parties (depending on which event happens earlier), the rates of the Basic Lease Payment under Agreement specified in clause 4.6.1 of the Agreement are to be increased by RUB two hundred fifty
(250) with indexing if such was applied to the rates of the Basic Lease Payment according to clause 4.13 of the Agreement. In this case, the Phase 3 Option Payment shall be stopped to charged and paid.”

 5.    All the terms and definitions shall be understood and used in the Supplementary
Agreement in the meaning assigned to them in the Agreement, unless otherwise follows from the nature of these terms or directly determined by the Supplementary Agreement. 

6.    With respect to everything else beyond the scope of the Supplementary Agreement the Parties shall be governed
by the provisions of the Agreement and all the Appendices thereto. 
 7.    The Supplementary Agreement is an
integral part of the Agreement and is executed in the same form as the Agreement. 
 8.    In accordance with
paragraph 2 of Article 425 Part 1 of the Civil Code of the Russian Federation, the Parties have agreed that the conditions of the Supplementary Agreement shall apply to the relations having arisen starting from November 6, 2019. 

9.    The Supplementary Agreement is executed in two (2) original copies, one (1) for each Party. 

10.    All the copies of the Supplementary Agreement shall have equal legal force. 

11.    Addresses, Details and Signatures of the Parties: 

 

					
	The Lessor:	 		 	The Lessee:
			
	Adva LLC	 		 	Internet Solutions LLC
			
	OGRN 1133443021810 INN 3443923606	 		 	OGRN 1027739244741 INN
			
	Address: 1 Logopark Street, building 1, Lenina village, Aksay district, 346703, Rostov region	 		 	 Address: 10 Presnenskaya nab., unit 1, floor

41, Moscow 123112 6.
 P.O. box No. 23 (OZON.ru)

			
	            /Seal: Adva LLC/	 		 	            /Seal: Internet Solutions LLC/
			
	 Representative
  

Adva LLC
  

        /signature/         A.L. Shakhnazarov
	 		 	 Representative
  

Internet Solutions LLC
  

                /signature/       
  A.I. Pavlovich

  
 Page 3 of 3 

 SUPPLEMENTARY AGREEMENT No. 2 

to Preliminary Lease Agreement dated November 6, 2019 
  

			
	Moscow	  	June 22, 2020

 Adva Limited Liability Company (brief name – Adva LLC), (OGRN 1133443021810, INN 3443923606, located at: 1 Lenina
village, building 1, Aksay District 346703, Rostov region) represented by Armen Lorensovich Shakhnazarov acting under Power of Attorney No. 21-D/19 dated May 21, 2019, hereinafter referred to as the
“Lessor”, on the one part, and 
 Internet Solutions Limited Liability Company (brief name – Internet Solutions LLC), (OGRN
1027739244741, INN 7704217370, located at: 10 Presnenskaya nab., unit 1, floor 41, room 6), Moscow 123112, represented by Alexander Vladimirovich Geil acting under the Power of Attorney dated June 17, 2020 certified by Yulia Vladimirovna
Krylova, a notary public of Moscow registered in the Register under
No. 77/719-n/77-2020-1-1182, hereinafter referred to as the “Lessee”,
on the other part, together hereinafter referred to as the “Parties”, and separately as a “Party”, entered into this Supplementary Agreement (hereinafter – the “Supplementary Agreement”) to
the Preliminary Lease Agreement dated November 6, 2019 (hereinafter – the “Agreement”) as to the following: 

1.    In section 1 (Definitions) amend the definition of the “Certificate of Transfer for Use” to read as
follows: 
 “Certificate of Transfer for Use” means a document confirming the actual use of the Premises by
the Lessee in accordance with their Intended Purpose from the ending date of the Access Date (upon expiration of the period set in Clause 4.1.1 of the Agreement, but not earlier than receiving a commissioning permit by the Lessor) and until the date
of signing the Acceptance Certificate for the Premises under the Long-term Lease Agreement by the Parties, to be signed by the Parties in the form of Appendix 2:2 to the Agreement;” 

2.    Amend Clause 2.19.3 of the Agreement to read as follows: 

“2.19.3. From the date of signing the Access Certificate by the Parties for Warehouse Premises 1 of Phase 1 and until the date of
expiration of full four (4) months from the date of signing the Access Certificate by the Parties for Mezzanine 1, the Hazardous Goods Area, the Checkpoint building of Phase 1 and until expiration of full three (3) months upon the date of
signing the Access Certificate by the Parties for Office Premises 1 and until the date of expiration of full two (2) months upon the date of signing the Access Certificate for Phase 2 and Phase 3 and until the date of expiration of full four
(4) months, the amount of the Operating Expenses shall be determined based on RUB seven hundred forty (740) per year per one (1) sq. m of the Premises, excluding VAT. Variable Part of the Lease Payment (utility charges) –
compensation of the Lessor’s costs for the actual consumption by the Lessee of: 
  

	 	•	 	 electricity, including capacity (based on the calculation in accordance with the power consumption category
prepared by the resource provider or based on the calculation prepared by the Lessor); 

  

	 	•	 	 thermal energy (heating, hot water supply); 

 

	 	•	 	 water consumption for cold and hot water supply; 

 

	 	•	 	 waste water collection (water discharge). 

The amount of the utility charges shall be determined as the production cost per unit of a utility service (Gcal of heating, 1 sq. m of
water supply and water discharge) for the Lessor multiplied by the actual consumption of the utility service as of the date of signing the respective Universal Acceptance Certificate (UAC) and in the part of electricity – as the power supply
organization’s tariffs multiplied by the actual electricity consumption in the reporting period. The production cost per unit of a utility service is determined by calculation based on the Lessor’s actual costs for production of a unit of
the utility service. The scope of the actually consumed utilities shall be determined based on the readings of the respective metering devices installed within the boundaries of the Premises. 

 

					
	 Representative
  

Adva LLC
	 		 	 Representative
  

Internet Solutions LLC

	                /signature/                 A.L.
Shakhnazarov	 		 	                /signature/                 A.V. Geil

  
 Page 1 of 5 

 In case of no utility metering units installed, the scope (amount) consumed utility
services shall be determined by calculation in proportion to the Lessee’s share in the Building. 
 In order to avoid any doubt
the Lessor is not entitled to compensate by expenses per one unit of Utility Payments, namely for water consumption (cold and hot water supply), water removal (receipt of drainage), heat supply (thermal energy), electric power supply, exceeding the
average market rates of providers of such utilities per one unit for similar facilities in Yekaterinburg.” 

3.    Amend Clause 2.22 of the Agreement to read as follows: 

“2.22. The Parties have agreed that the Lease Payment shall be charged and paid as follows: 

2.22.1.    Starting from the date of signing the Access Certificate for Warehouse Premises 1 of Phase 1 until the date
when full four (4) months are over, the Lessor shall charge and the Lessee shall pay the Variable Part of the Lease Payment and the Operating Expenses in the amount agreed by the Parties in Clause 2.19.2. and 2.19.3 of the Agreement. 

Starting from the date of signing the Access Certificate for Mezzanine 1, the Hazardous Goods Area, the Checkpoint building of Phase 1
until the date when full three (3) months are over, the Lessor shall charge and the Lessee shall pay the Variable Part of the Lease Payment and the Operating Expenses in the amount agreed by the Parties in Clause 2.19.2. and 2.19.3 of the
Agreement. 
 Starting from the date of signing the Access Certificate for Office Premises 1 of Phase 1 until the date when full two
(2) months are over, the Lessor shall charge and the Lessee shall pay the Variable Part of the Lease Payment and the Operating Expenses in the amount agreed by the Parties in Clause 2.19.2. and 2.19.3 of the Agreement. 

Starting from the date of signing the Access Certificate for Phase 2 and Phase 3 and until the date when full four (4) months are
over, the Lessor shall charge and the Lessee shall pay the Variable Part of the Lease Payment and the Operating Expenses in the amount agreed by the Parties in Clause 2.19.2. and 2.19.3 of the Agreement. 

The Operating Expenses shall have been paid by the fifteenth (15th) day of the month
following the reporting month. Lack of an issued invoice shall not be a reason for untimely transfer of money under the Agreement. 

The Variable Part of the Lease Payment shall be paid within ten (10) business days (but not before the end of the reporting month)
from the date of receipt by the Lessee of: 
  

	 	•	 	 Invoice; 

  

	 	•	 	 Universal Acceptance Certificate (UAC) for the respective reporting period; 

 

	 	•	 	 Documents containing information on the name, the unit of measure, the cost per unit of measure, the cost by
utility service consumed by the Lessee, calculation of the scope of the utility services consumed in accordance with the readings of the metering devices or, if applicable, by calculation of the area of the Premises in proportion to the Building
area; 

  

	 	•	 	 Documents confirming the actual tariffs on the Lessor’s costs for providing the Premises with utility
services (copies of the supporting documents from the utility providers). 

2.22.2.    Starting from the fifth (5th) months from signing the
Access Date for Warehouse Premises 1 of Phase 1 (but not earlier than the date of issuance of permission to the commissioning of the facility), the Lessor shall charge and the Lessee shall pay the Lease Payment in full: Basic Lease Payment,
Operating Expenses, Parking Fee, Variable Part of the Lease Payment, subject to the provisions of Clause 13.16 and 13.17 of the Agreement. 
  

					
	 Representative
  

Adva LLC
	 		 	 Representative
  

Internet Solutions LLC

	                /signature/                 A.L.
Shakhnazarov	 		 	                /signature/                 A.V. Geil

  
 Page 2 of 5 

 Starting from the forth (4th) month
from signing the Access Date for Mezzanine 1, the hazardous Goods Area, the Checkpoint Building of Phase 1 (but not earlier than the date of issuance of permission to the commissioning of the facility), the Lessor shall charge and the Lessee shall
pay the Lease Payment in full: Basic Lease Payment, Operating Expenses, Parking Fee, Variable Part of the Lease Payment, subject to the provisions of Clause 13.16 and 13.17 of the Agreement. 

Starting from the third (3rd) month from signing the Access Date for Office Premises 1
of Phase 1 (but not earlier than the date of issuance of permission to the commissioning of the facility), the Lessor shall charge and the Lessee shall pay the Lease Payment in full: Basic Lease Payment, Operating Expenses, Parking Fee, Variable
Part of the Lease Payment, subject to the provisions of Clause 13.16 and 13.17 of the Agreement. 
 Starting from the fifth (5th) month from signing the Access Date for Phase 2 and Phase 3 (but not earlier than the date of issuance of permission to the commissioning of the facility), the Lessor shall charge and the Lessee
shall pay the Lease Payment in full: Basic Lease Payment, Operating Expenses, Parking Fee, Variable Part of the Lease Payment, subject to the provisions of Clause 13.16 and 13.17 of the Agreement. 

The Basic Lease Payment, the Operating Expenses, and the Parking Fee shall be paid by the fifteenth (15th) day of the month following the reporting month. Lack of an issued invoice shall not be a reason for untimely transfer of money under the Agreement. 

The Variable Part of the Lease Payment shall be paid within ten (10) business days (but not before the end of the reporting month)
from the date of receipt by the Lessee of: 
  

	 	•	 	 Invoice; 

  

	 	•	 	 Universal Acceptance Certificate (UAC) for the respective reporting period; 

 

	 	•	 	 Documents containing information on the name, the unit of measure, the cost per unit of measure, the cost by
utility service consumed by the Lessee, calculation of the scope of the utility services consumed in accordance with the readings of the metering devices or, if applicable, by calculation of the area of the Premises in proportion to the Building
area; 

  

	 	•	 	 Documents confirming the actual tariffs on the Lessor’s costs for providing the Premises with utility
services (copies of the supporting documents from the utility providers).” 

4.    Amend Clause 3.2.1 of the Agreement to read as follows: 

“3.2.1. The date of granting the Lessee access to the respective parts of Premises 1: 

 

	 	•	 	 Warehouse Premises 1 – on or prior to November 1, 2020; 

 

	 	•	 	 Mezzanine 1, Hazardous Goods Area, Checkpoint Building – on or prior to December 1, 2020;

  

	 	•	 	 Office Premises 1 – on or prior to January 1, 2021; Anyway, the Lessor undertakes to ensure full
readiness (compliance with the requirements of the Terms of Reference) of at least 50% of the total scope (area) of Office Premises 1 by February 1, 2021. 

 

	 	3.2.1.1.	 The Lessor shall notify the Lessee of the readiness to grant access to the respective part of Premises 1 ten
(10) business days before the assumed date of Access to the respective part of Premises 1; 

  

	 	3.2.1.2.	 Provision of access to the respective part of Premises 1 shall be formalized by an Access Certificate (for
each part of Premises 1) to be signed by the Parties in the form of Appendix 2:1 to the Agreement.” 

5.    The Parties have agreed to set forth Clause 3.2.2 of the Agreement as follows: 

“3.2.2. The date of Phase 1 Building commissioning shall be on or prior to February 1, 2021, 

 

					
	 Representative
  

Adva LLC
	 		 	 Representative
  

Internet Solutions LLC

	                /signature/                A.L. Shakhnazarov	 		 	                /signature/                A.V. Geil

  
 Page 3 of 5 

 6.    The Parties have agreed to set forth Clause 3.2.3 of the
Agreement as follows: 
 “3.2.3.    Date of registration of the Lessor’s ownership right
to the Phase 1 Building – on or prior to February 28, 2021; 
 7.    The Parties have
agreed to set forth Clause 3.2.5 of the Agreement as follows: 
 “3.2.5.    The date of transfer of Premises 1
for use – upon expiration of four (4) calendar months from the date of signing the Access Certificate by the Parties for Warehouse Premises 1 of Phase 1 and upon expiration of three (3) calendar months from the date of signing the
Access Certificate by the Parties for Mezzanine 1, the hazardous Goods Area, and the Checkpoint Building of Phase 1, upon expiration of two (2) calendar months from the date of signing the Access Certificate by the Parties for Office Premises
1, but not before receiving a permit for commissioning of Building 1, of which the Parties sign the Certificate of Transfer for Use for Premises 1; 

3.2.5.1.    From the date of signing by the Parties of the Certificate of Transfer for Use for Premises 1 and until the
date of signing the Acceptance Certificate for Premises 1 under Long-term Lease Agreement 1, the Use Fee in relation to Premises 1 shall be charged; 

3.2.5.2.    The procedure for charging and paying the Use Fee is determined by Clauses 13.16–13.17 of the
Agreement;” 
 8.    The Parties have agreed to set forth Clause 4.1 of the Agreement as follows: 

“4.1    For the purpose of preparation of Premises 1 for their further leasing by the Lessee and conducting the
Lessee’s Works, the Lessor undertakes within the timelines provided for in Clause 3.2.1 of the Agreement grant the Lessee access to Premises 1 for conducting the Lessee’s Works. 

4.1.1.    The Lessor grants the access to the Lessee for the period of four (4) months upon the date of signing
the Access Certificate for Warehouse Premises 1 of Phase 1. The Lessor grants the access to the Lessee for the period of three (3) months upon the date of signing the Access Certificate for Office Premises 1, Mezzanine 1, the hazardous Goods
Area, and the Checkpoint Building of Phase 1. The Lessor grants the access to the Lessee for the period of two (2) months upon the date of signing the Access Certificate for Office Premises 1.” 

9.    In Clause 4.8 of the Agreement the words “4.8. Upon expiry of four (4) months from signing the
Access Certificate:” replace with “4.8. Upon expiration of four (4) months from the date of signing the Access Certificate for Warehouse Premises 1 of Phase 1 and upon expiration of three (3) months
from the date of signing the Access Certificate for Mezzanine 1, the Hazardous Goods Area, the Checkpoint Building of Phase 1 and upon expiration of two (2) months from the date of signing the Access Certificate for Office
Premises 1 of Phase 1:” 
 10.    Due to changing the Access Dates in accordance with Clause 4 of this
Supplementary Agreement, the Parties have agreed to introduce the required amendments into Appendix 1:4 to the Preliminary Lease Agreement (Schedule and Interaction Between the Parties) by July 15, 2020. 

11.    All the terms and definitions shall be understood and used in the Supplementary Agreement in the meaning
assigned to them in the Agreement, unless otherwise follows from the nature of these terms or directly determined by the Supplementary Agreement. 

12.    With respect to everything else beyond the scope of the Supplementary Agreement the Parties shall be
governed by the provisions of the Agreement and all the Appendices thereto. 
 13.    The Supplementary Agreement
is an integral part of the Agreement and is executed in the same form as the Agreement. 
 14.    In accordance
with paragraph 2 of Article 425 Part 1 of the Civil Code of the Russian Federation, the Parties have agreed that the conditions of the Supplementary Agreement shall apply to the relations having arisen starting from November 6, 2019. 

 

					
	 Representative
  

Adva LLC
	 		 	 Representative
  

Internet Solutions LLC

	                /signature/                A.L. Shakhnazarov	 		 	                /signature/                A.V. Geil

  
 Page 4 of 5 

 15.    The Supplementary Agreement is executed in two
(2) original copies, one (1) for each Party. All the copies of the Supplementary Agreement shall have equal legal force. 

16.    Addresses, Details and Signatures of the Parties: 

 

					
	 The Lessor:
  

Adva LLC
  

OGRN 1133443021810 INN 3443923606
  

Address: 1 Logopark Street, building 1, Lenina village, Aksay district 346703, Rostov region
	 		 	 The Lessee:
  

Internet Solutions LLC
  

OGRN 1027739244741 INN 7704217370
  

Address: 10 Presnenskaya nab., unit 1, floor 41, Moscow 123112 6. P.O. box No. 23 (OZON.ru)

			
	/Seal: Adva Limited Liability	 		 	/Seal: Internet Solutions Limited
	Company 2 INN 3443923606	 		 	Liability Company, Reg. No. 103588
	OGRN 1133443021810 , Russian	 		 	Moscow/
	Federation Rostov region Aksay	 		 	
	district/	 		 	
			
	 Representative
  

Adva LLC
	 		 	 Representative
  

Internet Solutions LLC

	                /signature/                A.L. Shakhnazarov	 		 	                /signature/                A.V. Geil

  
 Page 5 of 5EX-10.18

 Exhibit 10.18 

April 29, 2020 

Managing Company A-Class Capital (Fiduciary Manager of Combined
Closed-End Investment Fund PNK Development) 
 and 

Internet Solutions Limited Liability Company 

LONG-TERM LEASE AGREEMENT No. IR-14688/20 

Warehouse building located on the land plot at the following address: Tolmachevsky Village Council Municipality, Novosibirsk District,
Novosibirsk Region, the land plot is located in the central part of the cadastral block 54: 19: 034102 
 Moscow 

 This Long-term Lease Agreement was signed on April 29, 2020 in Moscow, Russian Federation, by
and between: 
  

	(1)	 Managing Company A-Class Capital (Fiduciary Manager of Combined Closed-End Investment Fund PNK Development), a legal entity founded and existing under the laws of the Russian Federation, registered with Interdistrict Inspectorate of the Federal Tax Service No. 46 for
Moscow on December 9, 2010 under OGRN 1177746042836, INN 7703422263, KPP 770301001, having a license for management of investment funds, mutual investment funds and private pension funds No. 21-000-1-01006 dated June 9, 2017, issued by the Central Bank of the Russian Federation on June 9, 2017, located at 6 bldg 2, Floor 19, premise I,
Office 7, Presnenskaya Naberezhnaya, Moscow, 123112, represented by Elena Vladimirovna Vyun, acting under Power of Attorney no. 77 AG 2751626 dated December 10, 2019, certified by a Notary Public of Moscow V.O. Baklanova, entered in the
registry under No. 77/714-n/77-2019-1-3522 (hereinafter referred to as the
“Lessor”), on the one part, and 

  

	(2)	 Internet Solutions Limited Liability Company, a legal entity incorporated and existing in accordance
with the laws of the Russian Federation, registered by Interdistrict Inspectorate No. 46 of the Federal Tax Service for Moscow on September 1, 2008 with the Primary State Registration Number (OGRN) 1027739244741, INN 7704217370, KPP
770301001, with its registered office located at: Office 6, Floor 41, Premises i, 10, Presnenskaya embankment, Moscow, 123112, represented by Alexander Alexandrovich Shulgin, General Director, acting under Articles of Association (hereinafter —
the “Lessee”), on the other part, hereinafter collectively referred to as the “Parties”, and individually as a “Party”, as follows: 

 

	1.	 GLOSSARY 

Unless otherwise stipulated by the context, the capitalized terms used in the Agreement have the following meaning: 

“Access Certificate” shall mean Access Certificate I or Access Certificate 2, or Access Certificate 3, or Access Certificate 4, or Access
Certificate 5, or other Access Certificate (access is granted in at least five (5) stages in accordance with Appendix II hereto), signed by the Parties in relation to the respective zones of the Premises as per Clause 3 of the Agreement in the
form of Appendix 6: 1 hereto; 
 “Acceptance Certificate for the Premises” shall mean a certificate of delivery and acceptance of the
Premises signed by the Parties in relation to the Premises in the form contained in Appendix 6:2 hereto; 
 “Lease Payment” shall mean the
sum of all payments specified in Clause 5.1 of the Agreement, payable hereunder; 
 “Certificate of Delineation of Operational
Responsibility” shall mean a document that defines the boundaries of the operational responsibility of the Parties in relation to Facilities and is given in Appendix K) hereto; 

“Leased Area of the Premises” shall mean the leased area of Premises measured in accordance with the BOMA Standard; 

“Basic Lease Payment” shall mean the basic lease payment for the Premises, being a part of the Lease Payment and specified in Clause 5.1.1 of
the Agreement; 
 “Bank Guarantee” shall mean an irrevocable bank guarantee in the amount specified in Clause 5.11 of this Agreement, which
is a way to ensure the fulfillment of the Lessee’s obligations hereunder; 
 “BTI” (Bureau of Technical Inventory) shall mean a
technical inventory and technical management authority; 
 “Starting Date of the Lease Period” shall mean the date no later than
September 1, 2020, on which the Lessor transferred the Premises to the Lessee under the Premises Acceptance Certificate; 

  

/signature/    2 

 “Agreement” shall mean this Agreement, including all the appendices and supplementary
agreements hereto (if any); 
 “Lease Agreement” shall mean a long-term lease agreement to be executed by the Parties on the terms
stipulated by the Preliminary Lease Agreement to be signed by the Parties on the terms and conditions established by the Option Agreement; 
 “Lease
Agreement 1” shall mean a long-term lease agreement to be executed by the Parties on the terms stipulated by the Preliminary Lease Agreement 1 to be signed by the Parties on the terms and conditions established by the Option Agreement 1;

 “Lessee’s Share in the Complex” shall mean the ratio of the area of the Premises (according to the measurements of the BTI) to the
Total area of the Complex, as defined in Appendix 2 hereto; 
 “Supplementary Agreement” shall mean a supplementary agreement hereto,
signed by the Parties in accordance with subclause 3.5.1 to the Agreement; 
 “General Contractor/Developer” shall mean “Project
Development” Limited Liability Company, a legal entity established and operating in accordance with the legislation of the Russian Federation, registered by the Inspectorate of the Federal Tax Service for the Verkh-Isetsky District of
Yekaterinburg under the Primary State Registration Number (OGRN) 1136685023419, INN 6685042560, KPP 668501001, with its registered office located at the address: office 3.17, 23, Tkachi Street, Yekaterinburg, Sverdlovsk Region, 620100, Russian
Federation, which is a member of the SRO Soyuz “Uralskoe Obedinenie Stroiteley”; civil liability of the General Contractor/Developer in the amount of RUB five million (5,000,000) is insured by “... which is confirmed by Insurance
Contract No. ... of civil liability, which may occur in the event of damage due to defects in work that affect the safety of capital construction facilities; 

“Land Plot” shall mean a land plot held on a right of lease by the owners of investment shares of the Combined
Closed-End Investment Fund PNK Development with a total area of 31,805 sq. m under cadastral number: 54:19:034102:620 located at the address: Tolmachevsky Village Council Municipality, Novosibirsk District,
Novosibirsk Region; 
 “Hazardous Goods Area” shall have the meaning specified in subclause 2.2.3 hereof; 

“Utilities” shall mean any existing or future utilities (power supply, water supply, wastewater intake and sewerage, heat supply), to which a
proper connection has been made, for which the respective power supply contracts have been executed and are in force (with a redundant autonomous power supply system) or licenses, approvals and other documents necessary for operation have been
obtained (taking into account the autonomous water supply, wastewater and sewerage system, heat supply), as well as any auxiliary equipment attached to or supplementing them; 

“Complex” shall mean the Logistic warehouse complex “PNK-Tolmachevo”, located at the
address: Tolmachevsky Village Council Municipality, Novosibirsk District, Novosibirsk Region, near village Krasnomaysky, within the territory of which the Land Plot is located; 

“Common Areas” shall mean premises, entrances, entrance lobbies, staircases, corridors, checkpoint buildings, any access roads connecting the
Complex with public roads, any other roads, paths, areas in front of buildings, technical areas, parking slots, landscape zones and any other areas of the Complex and the Land plot designated for general use by the owners and/or lessees of the
Complex premises; 
 “VAT” means the value added tax stipulated by the laws of the Russian Federation; 

“Security Payment” shall mean a security payment in the amount specified in Clause 5.11 hereof, which is a way to ensure the fulfillment of
the Lessee’s obligations hereunder; 
 “Force Majeure Events” means extraordinary, unforeseen and unavoidable circumstances under the
given conditions, as defined in Clause 3, Article 401 of the Civil Code of the Russian Federation, by which the Parties shall, inter alia, mean extraordinary events or circumstances which the Party could neither foresee nor prevent by
reasonable means, including, inter alia, natural disasters, war, revolution, 

  

/signature/    3 

 
rebellion, civil unrest, exercise by the State of the preemptive rights of acquisition in case of the nationwide emergency, nuclear explosion, radioactive or chemical contamination, as well as
other circumstances being beyond reasonable control of the Parties and making it impossible to perform their obligations hereunder, provided that violation of obligations by the counterparties of the relevant Party, lack of funds and such financial
circumstances as currency exchange rate fluctuations or market value declines, shall not be deemed Force Majeure Events; 
 “Total Area of the
Complex” shall mean the area of the buildings and structures (as measured by the BTI) of which the Complex consists, as determined and indicated in Appendix 2 hereto; 

“Total Area of the Warehouse Building” shall mean the area of the Warehouse Building (as measured by the BTI) determined and indicated
in Appendix 2 hereto; 
 “Operational Maintenance” shall mean the services of the Management Company in terms of maintenance and servicing
of the Complex, the Warehouse Building and the Land Plot specified in Appendix 4 hereto, as well as services for the provision of the Premises with water supply, sewerage (waste water intake and sewerage); 

“Operating Expenses” shall mean the Operational Maintenance fee being a part of the Lease Payment determined according to Clause 5.1.3 of the
Agreement; 
 “Option Agreement” shall mean an agreement signed by the Parties simultaneously with this Agreement on the granting of an
option to execute a Preliminary Lease Agreement in relation to the Premises in the Complex that will be built and will closely adjoin the leased object under this Agreement; 

“Option Agreement 1” shall mean an agreement signed by the Parties simultaneously with this Agreement on the granting of an option
to execute a Preliminary Lease Agreement 1 in relation to the Premises in the Complex that will be built and will closely adjoin the leased object under the Lease Agreement; 

“Office Premises” shall have the meaning specified in subclause 2.2.2 of the Lease Agreement; 

“Parking” shall mean a surface parking lot, the plan of which with the location of parking slots is indicated on the plan of the Complex and
Parking, which is Appendix 1: 1 hereto, where parking slots may be used by the Lessee in accordance with the terms hereof; 
 “Variable Part of the
Lease Payment” shall mean payments for power and heat consumed by the Lessee in the Premises, which are an integral part of the Lease Payment and calculated as per Appendix 7 hereto, as well as the Lessee’s share in the cost of the
above-mentioned utilities consumed in the Common Areas of the Warehouse Buildings, the Complex and auxiliary facilities and infrastructure of the Complex; 

“Parking Fee” shall mean the payment for the use of Parking Slots and for the issuance of Parking Permits to the Lessee, which is an integral
part of the Lease Payment, as determined in accordance with subclause 5.1.5 hereof; 
 “Full Replacement Cost” shall be used solely for
insurance purposes and shall mean costs (including costs of reinforcement, demolition and clearance of the site, payment for the services of architects, appraisers, other specialists, as well as VAT due) that may arise as a result of the
reconstruction or restoration of the Warehouse Building in accordance with the requirements of this Agreement, at the time when the need for such restructuring or restoration may arise, taking into account other factors, including the expected or
possible increase in the cost of construction at any time until the moment when the Warehouse Building is completely rebuilt or restored; 

“Premises” shall collectively mean all premises of the Warehouse Building (Warehouse Premises, Office Premises, Hazardous Goods Area and
Technical Premises); 
 “Complex Use Rules” shall mean reasonable rules and regulations for the use of the Warehouse Building, the Complex
and the Land Plot, established for all lessees in the Complex, and which may be changed by the Lessor and/or the Management Company during the Lease Period without deteriorating 

  

/signature/    4 

 
the Lessee’s position regarding conditions in effect on the date of signing this Agreement, subject to written notification of the Lessee, with the new version of the Complex Rules attached,
within ten (10) calendar days from the date of approval of the new version of the Complex Rules by the Lessor. At the same time: the current version of the Complex Rules as of the date of signing this Agreement is Appendix 9 hereto; 

“Preliminary Lease Agreement” shall mean a preliminary lease agreement for non-residential premises
to be executed by the Parties on the terms and in the form given in Appendix 1 to the Option Agreement; 
 “Preliminary Lease Agreement 1”
shall mean a preliminary lease agreement for non-residential premises to be executed by the Parties on the terms and in the form of Option Agreement 1; 

“Lessee’s Works” shall mean (a) installation of the Lessee’s Equipment in the Premises and/or (b) any works related to
finishing, improvement, additions or repair in the Premises which may be carried out by the Lessee from the date of first Access Certificate throughout the Lease Period; 

“Permitted Use” shall mean the permitted use of the Premises in accordance with Clause 7.1 of the Agreement; 

“Parking Permits” shall mean the parking permits issued to the Lessee by the Lessor or the Management Company during the entire Lease Period.
Having received a Parking Permit without unreasonable delays, the Lessee may simultaneously and at any time place at the Parking lot maximum one hundred and fifty (150) cars and maximum fifty-four (54) trucks and buses (vehicles arriving
for unloading and loading, but not placed in the Parking are not taken into account); 
 “Warehouse Building” shall mean, as of the date of
the Agreement, a building with cadastral number 54:19:034102:584; purpose: non-residential building located on the Land Plot, with a total area of 13 830.3 sq. m (based on BTI calculations ), 14 003.2 sq. m
(based on BOMA calculations). The Warehouse Building is in the joint share ownership of the owners of investment shares of the Combined Closed-End Investment Fund PNK Development; 

“Warehouse Premises” shall have the meaning specified in subclause 2.2.1 of the Agreement; 

“Lease Period” shall mean the lease period specified in Clause 4.1 hereof; 

“BOMA Standard” shall mean the American National Standard for Area Measurement BOMA/81OK 2012; 

“Certificates of Insurance” shall mean certificates of insurance obtained by the Lessor or the Lessee in the performance of obligations of
the Lessor and the Lessee stipulated by Appendix 3 (“Insurance”); “Certificate of Insurance” shall mean one of them; 
 “Insured
Risks” means the risks insured as a part of property insurance within the limits in which insurance against the specified risks are usually provided by reputable insurance companies and other risks (subject to exceptions, franchises and
limitations set by the insurers); 
 “Technical Premises” shall have the meaning specified in subclause 2.2.4 hereof; 

“Management Company” shall mean a company engaged by the Lessor to manage and operate the Complex, the Warehouse Building and/or the
Premises. 
 If this Clause 1 of the Agreement does not contain definition of any capitalized term, this term shall have the meaning assigned to it
hereinafter. 
  

	2.	 SUBJECT MATTER OF THE AGREEMENT 

 

	2.1.	 Under the Agreement, the Lessor, after ensuring the reconstruction of the Warehouse Building (through the
involvement of the General Contractor/Developer), shall lease to the Lessee, and the Lessee shall accept from the Lessor all the premises of the Warehouse Building (hereinafter - the “Premises”). 

  

/signature/    5 

	2.2.	 Not later than September 1, 2020 (subject to the special conditions provided for in Clause 3.5 hereof),
the Lessor shall ensure the reconstruction of the Warehouse Building on the Land Plot by third parties, so that after the reconstruction of the Warehouse Building and its cadastral registration, the Premises will include the following premises of
the Warehouse Building: 

  

	 	2.2.1.	 Warehouse Premises – warehouse premises located in the Warehouse Building, with a total approximate area
of 12 233 sq. m according to the BTI calculations and 12 379.8 sq. m according to the BOMA Standard calculations; and 

  

	 	2.2.2.	 Office Premises – administrative and amenity premises located in the Warehouse Building, with a total
approximate area of 3 201.75 sq. m according to the BTI calculations and 3 081.75 sq. m according to the BOMA Standard calculations; and 

  

	 	2.2.3.	 Hazardous Goods Area – premises for storage of hazardous goods located in the Warehouse Building, with a
total approximate area of 1 352.75 sq. m according to the BTI calculations and 1 361.28 sq. m according to the BOMA Standard calculations; 

  

	 	2.2.4.	 Technical Premises – technical premises located in the Warehouse Building with a total approximate area of
296.8 sq. m (of which a ramp 250.0 sq.m) according to the BTI calculations and 296.8 sq. m (of which a ramp 250.0 sq. m) according to the BOMA Standard calculations; 

 

	2.3.	 The Premises areas specified in Clause 2.2 of the Agreement are indicated tentatively and will be clarified as
of the date of signing the Supplementary Agreement based on the results of cadastral registration of the Premises, while the area of the leased Premises according to the BOMA Standard may not differ by more than two percent (2%) from the area of the
leased Premises according to the BOMA Standard specified in subclause 2.2 of the Agreement. Location, plan, technical parameters, requirements for Utilities and description of the Premises, other requirements shall be agreed by the Parties in
Appendices 1:0, 1:2 and 1:3 hereto. 

 Premises that are part of the Warehouse Building are not subject to cadastral
registration as separate real estate objects. 
 The Parties confirm that the data specified in Clause 2.2 hereof make it possible to
specifically identify (customize) the property to be leased to the Lessee under the Agreement. 
  

	2.4.	 The Parties have agreed that Leased Area of the Premises shall be used for the purposes of calculating the
Basic Lease Payment, Operating Expenses and the Variable Part of the Lease Payment. As of the date of the Agreement, the Leased Area of the Premises as part of the Warehouse Building (as determined on the date of the Agreement) is 14,003.2 sq. m, as
specified in more detail in Appendix 2 hereto. The total leased area of the Premises shall be recorded by the Parties in the Supplementary Agreement. 

  

	3.	 GRANTING ACCESS. LESSOR’S WORKS. TRANSFER OF THE PREMISES 

 

	3.1.	 The Lessor undertakes to ensure the construction readiness of the Premises, their compliance with the
requirements set forth in Appendix 11 hereto in stages, namely, at least in five (5) stages. In order to prepare the Premises for lease and Lessee’s Works, grant the Lessee access to the following areas of the Premises, as they are
displayed in Appendix 14 hereto, within the following terms: 

  

	 	3.1.1.	 Area No. 1 — on or prior to June 1, 2020 (according to Access Certificate 1);

  

	 	3.1.2.	 Area No. 2 — on or prior to June 15, 2020 (according to Access Certificate 2);

  

	 	3.1.3.	 Area No. 3 — on or prior to July 1, 2020 (according to Access Certificate 3);

  

	 	3.1.4.	 Area No. 4.1 — on or prior to August 1, 2020 (according to Access Certificate 4);

  

	 	3.1.5.	 Area No. 4.2 — on or prior to August 15, 2020 (according to Access Certificate 5);

  

/signature/    6 

 Access under Access Certificate 1 shall be granted to the Lessee only in case the Lessee
provides the Bank Guarantee on the terms and conditions stipulated in Clause 5.11 hereof or the Security Payment on the terms and conditions specified in Clause 5.11 hereof. 

The Parties may also agree on the signing by the Parties of additional Access Certificates to the respective zone of the Premises depending on
its completion status. 
  

	3.2.	 Access to each area of the Premises indicated in Clause 3.1 hereof shall be granted under the appropriate
Access Certificate, as indicated in Clause 3.1 hereof, signed by the Parties in the form given in Appendix 6:1 hereto. 

In case the Lessee does not sign any of the Access Certificates and does not state a reasoned refusal to sign such an Access Certificate within
five (5) business days from the date of receipt of such an Access Certificate by the Lessee, then the said Access Certificate, including for the purposes of Clause 3.6 hereof, shall be deemed to be duly signed. In this case, the Access
Certificate for such a zone signed by the Lessor shall be the document confirming the provision of access to the relevant area of the Premises. 
  

	3.3.	 The Lessee may carry out in the manner prescribed hereby the Lessee’s Works in the relevant area of the
Premises from the date of the signing by the Parties of the Access Certificate in relation to such area of the Premises and during the entire Lease Period, while the Lessee shall be held liable for the safety of the Premises and shall:

  

	 	3.3.1.	 comply with the applicable laws of the Russian Federation, mandatory requirements of all authorities/agencies
and the Lessor regarding the Premises and/or use thereof, and shall observe and ensure compliance with the fire safety rules; 

  

	 	3.3.2.	 prior to the work commencement in the Premises, the Lessee shall submit to the Lessor for consideration and
agree upon with the Lessor technical specification of the Lessee’s Work, including, inter alia, the work plan and schedule; indication of the removable or permanent nature of the improvements made; the Lessee shall also provide other documents
reasonably requested by the Lessor and the information regarding the Lessee’s planned Works; 

  

	 	3.3.3.	 when performing any Lessee Works, to agree such works with the Lessor in advance, the approval may not be
unreasonably refused, the term for granting consent may not exceed five (5) business days from the date of the request; 

  

	 	3.3.4.	 ensure the priority of the reconstruction works provided by the Lessor (in case of a simultaneous need for the
works, the works performed by the Lessor’s contractors have the priority, while the suspension or postponement of the Lessee’s Works may not exceed ten (10) business days in total during the access period in relation to each of the
areas of the Premises to which access was granted and may not exceed thirty (30) business days in total during the entire period of access in relation to all areas of the Premises (cumulatively); 

 

	 	3.3.5.	 eliminate or compensate the Lessor for damage caused to the Premises and/or other property of the Lessor by
actions/omissions of the Lessee and/or by the Lessee-engaged persons (contractors and other persons admitted by the Lessee to the Premises); 

  

	 	3.3.6.	 use parking slots in the Parking in the amount not exceeding (simultaneously) the specified in subclause 5.1.5
hereof. 

  

	3.4.	 From the date of signing by the Parties of the first of the Access Certificates specified in Clause 3.1 hereof,
and until the Starting Date of the Lease Period, the Lessee shall pay/compensate the Lessor the following expenses for the Premises: 

  

	 	3.4.1.	 Operating Expenses to be paid by the Lessee to the Lessor in the amount determined as per subclause 5.1.3
hereof on a monthly basis not later than the first business day of the month, for which the payment is effected; 

  

/signature/    7 

	 	3.4.2.	 Expenses equal to the Variable Part of the Lease Payment, which is to be compensated as follows:

  

	 	3.4.2.1.	 The Variable part of the Lease Payment for the reporting (calendar) month shall be paid in advance not later
than the tenth (10th) day of the reporting month in an amount equivalent to eighty percent (80%) of the amount of the Variable Part of the Lease Payment, calculated based on the readings of utilities and power meters for the month before the last
one in relation to the month for which the calculation is made (for example, when paying for the month of May, data on payment for the month of March are used). The estimated value specified in subclause 3.4.2.2 hereof is not applied.

 The Variable Part of the Lease Payment for the reporting month shall be calculated based on the meters readings, which
the Parties use to record the amount of utilities consumed by the Lessee, and the payment per unit of utilities. The payment for a unit of electrical power used to calculate the Variable Part of the Lease Payment may not exceed the amount of payment
for a unit of electrical power charged by the organization that centrally supplies consumers with electrical power in the region (constituent entity of the Russian Federation) where the leased property is located, regardless of whether the leased
property is supplied with electrical power according to a centralized or autonomous scheme, including standby power supply. 
 The payment
per unit of heat energy used to calculate the Variable Part of the Lease Payment in relation to heat supply shall be determined on the basis of an unregulated tariff set by the General Contractor/Developer (with due regard to Parts 2.1 and 2.2 of
Article 8 of Federal Law No. 190-FZ “On Heat Supply”, as well as paragraph 5 (5) of the Principles of Pricing in the Sphere of Gas Supply, approved by Resolution of the Government of the Russian
Federation No. 1075 dated 22.10.2012) provided that the payment for a unit of heat energy may not exceed the amount of payment for a unit of heat energy charged by an organization that centrally supplies consumers with heat energy in the region
(constituent entity of the Russian Federation) where the leased property is located by more than twenty percent (20%) in the appropriate period of time. 

The meter readings shall be taken by the Lessor on the 1st day of each month of access, starting from the access commencement. The Lessee
shall have the right to be present during taking the meter readings, and raise objections. During the Access Period the meter readings shall be reduced by the calculated amount of resources and power consumed by persons engaged by the Lessor to
perform the Lessor’s Works. The Parties agreed that the amount of resources and power consumed by the persons engaged by the Lessor to perform the Lessor’s Works, unless proved otherwise, accounts for fifty percent (50%) of the total
consumption of resources and power at the Premises during the access period. 

  

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	 	3.4.2.2.	 For the first month of Access the Variable Part of the Lease Payment shall be paid by the Lessee to the Lessor
not later than five (5) business days from the date of Access. During the first two (2) months from the access date, the estimated value of RUB twenty (20) per one (1) sq. m of the Leased Area of the Premises, excluding VAT
(based on which 80% of the advance payment of the Variable Part of the Lease Payment is calculated) is used in calculation of the advance payment instead of the data specified in subclause 3.4.2.1. 

 

	 	3.4.2.3.	 The remaining amount of the Variable Part of the Lease Payment for the reporting month shall be paid at the end
of the reporting month within five (5) business days from the date of receipt of the respective invoice from the Lessor. In this case, the bill and invoice for the reporting month for the entire amount of the Variable Part of the Lease Payment
for the reporting month shall be issued based on the data for the reporting month. If necessary, the Parties conduct a reconciliation of mutual settlements once a month. 

 

	3.5.	 The building, of which the Premises are a part, shall be commissioned on the Starting Date of the Lease Period.
The Parties undertake, with due account of Clauses 3.6 and 3.7 hereof, to sign the following: 

  

	 	3.5.1.	 Supplementary Agreement to this Lease Agreement in the form approved by the Parties in Appendix 6:3 hereto
(earlier and hereinafter the “Supplementary Agreement”) specifying: 

  

	 	3.5.1.1.	 the Subject Matter and the area of the Premises (according to measurements of the BTI and BOMA);

  

	 	3.5.1.2.	 Appendix 2 to the Agreement; 

 

	 	3.5.1.3.	 The amount of the Bank Guarantee/Security Payment. 

 

	 	3.5.2.	 The Acceptance Certificate for the Premises in the form which is Appendix 6:2 hereto. 

 

	3.6.	 For the avoidance of doubt, the Parties understand and confirm that the Lessee shall accept the Premises for
Lease within the period agreed upon hereby only in case the Lessee has gained access to the Premises in accordance with Clauses 3.1 and 3.2 hereof, and with due regard to subclause 3.3.4 hereof. 

 

	3.7.	 The Parties agreed that the Lessee may not refuse to sign the Acceptance Certificate for the Premises in the
presence of defects in the Premises that do not interfere with the use of the Premises in accordance with their purpose and/or are not specified in Clause 1 of Appendix 12 hereto. For the avoidance of doubt, in the presence of deficiencies specified
in Clause 2 of Appendix 12 hereto, the Lessee may not refuse to sign the Acceptance Certificate, and in this case, subclause 5.1.2 hereof shall apply. In this case, the existing defects and the deadline for their elimination shall be recorded in the
Appendix to the Acceptance Certificate for the Premises. The deadline for eliminating defects shall not exceed sixty (60) calendar days from the date of the Acceptance Certificate for the Premises. For the avoidance of doubt, the Lessee may
refuse to sign the Acceptance Certificate for the Premises in the presence of defects in the Premises that prevent the use of the Premises in accordance with their purpose and/or specified in clause 1 of Appendix 12 hereto. 

 

	3.8.	 In case of obtaining permission to commission the building where the Premises are located, prior to the
Starting Date of the Lease Period, the Lessor may offer the Lessee to sign the Acceptance Certificate for the Premises ahead of schedule, before the Starting Date of the Lease Period. The Lessee may accept the Lessor’s offer and sign the
Acceptance Certificate 

  

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for the Premises ahead of schedule, but is under no obligation to sign the Acceptance Certificate for the Premises ahead of schedule, that is, before the Starting Date of the Lease Period. On the
Starting Date of the Lease Period, in case the Lessee does not present a reasoned refusal to sign the Acceptance Certificate for the Premises, the Acceptance Certificate for the Premises shall be signed by the Lessor unilaterally, and such
Acceptance Certificate for the Premises shall be deemed duly signed by the Parties. 

  

	3.9.	 The Lessor shall deliver to the Lessee a notice of readiness to hand over the Premises to the Lessee under the
Acceptance Certificate for the Premises five (5) business days before the Starting Date of the Lease Period. In the event of an ungrounded refusal/evasion by the Lessee on the Starting Date of the Lease Period from signing the Acceptance
Certificate for the Premises and/or the Supplementary Agreement on the Starting Date of the Lease Period, that is without the Lessee submitting a reasoned refusal issued in writing, the Lessor may recover from the Lessee a forfeit in an amount
equivalent to the amount of the daily Lease Payment (Basic Lease Payment, Operating expenses and Parking Fee) for the Premises, for each day of delay, starting from the third (3rd) day of the violation and until the date of elimination of the
violation, in case the Lessor has not signed the Acceptance Certificate for the Premises unilaterally under Clause 3.8 hereof, the Lease Payment has not been charged. 

For the avoidance of doubt: concurrent 
  

	 	•	 	 accrual, collection of a forfeit under Clause 3.9 hereof and 

 

	 	•	 	 accrual, collection or receipt of Lease Payment under the Acceptance Certificate signed unilaterally by the
Lessor 

 is prohibited. 
  

	4.	 LEASE PERIOD 

  

	4.1.	 The Lease Period under this Agreement shall be seven (7) years from the date of signing of the Premises
Acceptance Certificate by the Parties (hereinafter “Lease Period”). 

  

	4.2.	 The Lessee shall have the preemptive right under this Agreement to execute a lease agreement on the previous
terms for a new period provided for in paragraph 1 of Article 621 of the Civil Code of the Russian Federation, subject to the execution of a Lease Agreement provided for by the Option Agreement by the Lessee and the Lessor. 

 

	4.3.	 Without prejudice to the provisions of Clause 4.2 hereof, in the event of an intention to execute a lease
agreement for a new period and on terms to be agreed, the Lessee shall notify the Lessor of such intention not later than one (1) year before the end of the Lease Period. Shall the Lessee provide such notice, the Lessee and the Lessor will, in
good faith, negotiate to agree on the terms of the lease for a new period and to execute a new lease agreement. At the same time, a new lease agreement shall be executed (upon reaching the agreement of the Parties) not later than nine
(9) months before the end of the Lease Period hereunder. 

  

	4.4.	 Except for the case of entering into a lease agreement for a new period in accordance with Clause 4.2 or Clause
4.3 hereof, the Lessee may not use the Premises after the Lease Period has expired. 

  

	4.5.	 This Agreement is subject to the state registration pursuant to the applicable laws of the Russian Federation
in the manner prescribed by law and shall be deemed effective upon its state registration. 

 At the same time, in
accordance with the conditions of paragraph 2 of Article 425 of the Civil Code of the Russian Federation, the Parties have established that the Agreement shall cover the Parties’ relations having arisen on the date of signing the Agreement.

  

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	4.6.	 Notwithstanding the above the Parties agree that: 

 

	 	4.6.1.	 in the event that the Parties execute a Lease Agreement, the Parties shall execute a Supplementary Agreement
hereto simultaneously with the Lease Agreement, extending the Lease Term under the Agreement in such a way that the expiry date of the Agreement and the expiry date of the Lease Agreement shall be the same and at the same time equal to the longest
of such lease periods; 

  

	 	4.6.2.	 in the event that the Parties execute a Lease Agreement, the Parties shall execute a Supplementary Agreement
hereto simultaneously with Lease Agreement 1, extending the Lease Term under the Agreement in such a way that the expiry date of the Agreement and the expiry date of Lease Agreement 1 shall be the same and at the same time equal to the longest of
such lease periods. 

  

	5.	 LEASE AND OTHER PASYMENTS. SECURING THE LESSEE’S OBLIGATIONS 

 

	5.1.	 For the use of the Premises and for the use of the Parking Lot, the Lessee shall pay the Lease Payment to the
Lessor during the entire Lease Period. The Lease Payment shall include: 

  

	 	5.1.1.	 Basic Lease Payment calculated as follows (excluding VAT): 

 

	 	5.1.1.1.	 RUB four thousand six hundred and eighty (4,680) per year for one square meter of Warehouse Premises (excluding
VAT); 

  

	 	5.1.1.2.	 RUB seven thousand five hundred (7,500) per year for one square meter of Office Premises (excluding VAT);

  

	 	5.1.1.3.	 RUB six thousand five hundred (6,500) per year for one square meter of Hazardous Goods Area (excluding VAT);

  

	 	5.1.1.4.	 RUB three thousand six hundred (3,600) per year for one square meter of Technical Premises (excluding VAT);

  

	 	5.1.2.	 The Parties agree that in case, on the date of signing the Acceptance Certificate for the Premises, at least
one of the defects specified in Clause 2 of Appendix 12 hereto is recorded in relation to the Office Premises, then such defect (s) shall be indicated in the Acceptance Certificate for the Premises and at the same time the Lease Payment for one
(1) sq. m of the Office Premises per year (excluding VAT) shall be RUB three thousand seven hundred and fifty (3,750) per year for one (1) sq. m of the Office Premises (excluding VAT) until to the date of elimination of such defects by the
Lessor. 

  

	 	5.1.3.	 Operating Expenses shall be at the rate of RUB one thousand and fifty (1,050) per year for one (1) sq. m
of Premises (excluding VAT). In the event of a change in the legislation on taxes and fees, a change in the tax burden in terms of the payment of land tax and property tax related to the ownership of the Warehouse Building and/or the Land Plot,
Lessor’s lease payment (if the Lessor holds the Land Plot on lease), the rate of Operating Expenses for one (1) sq. m shall be subject to change by the amount of the respective change in the tax burden/lease payment for the Landlord
multiplied by the Lessee’s Share in the Complex or the Lessee’s share in the Warehouse Building (as applicable); 

  

	 	5.1.4.	 The Variable Part of the Lease Payment (utility bills) in the amount of payments for power and heat consumed by
the Lessee in the Premises, in accordance with subclause 5.3.2 hereof, as well as the Lessee’s share in the cost of the above utilities consumed in the Common Areas of the Complex and auxiliary facilities and infrastructure of the Complex,
calculated in accordance with Appendix 7; 

  

	 	5.1.5.	 Parking Fees (access to Parking Slots) in the amount of RUB seven hundred eighty thousand (780,000) per month
(excluding VAT), based on: 

  

	 	5.1.5.1.	 RUB seven thousand five hundred (7,500) per month (excluding VAT) per one (1) Parking Slot for a truck,
and 

  

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	 	5.1.5.2.	 RUB seven thousand five hundred (7,500) per month (excluding VAT) per one (1) Parking Slot for a bus, and

  

	 	5.1.5.3.	 RUB two thousand five hundred (2,500) per month (excluding VAT) per one (1) Parking Slot for a passenger
vehicle. 

 At the same time, the Lessee shall have access to one hundred fifty (150) Parking Slots for parking
passenger vehicles, forty-six (46) Parking Slots for parking trucks and eight (8) Parking Slots for parking buses. 
  

	5.2.	 The Parties specifically agreed that annually, starting from the expiry date of one year from the date of
signing the Acceptance Certificate for the Premises by the Parties and further on the same date of each subsequent year during the Lease Period, the Basic Lease Payment, the Operating Expenses and the Parking Fees shall increase by four percent
(4%). The Lessor shall notify the Lessee of an increase in the Basic Lease Payment, the Operating Expenses and the Parking Fee including the calculation of the new Basic Lease Payment, Operating Expenses and Parking fees not later than thirty
(30) calendar days before the date the first payment in the increased amount. 

  

	5.3.	 From the date of the Acceptance Certificate for the Premises and during the entire Lease Period, the Lessee
shall pay to the Lessor the Lease Payment in respect of the Premises in the following manner: 

  

	 	5.3.1.	 The Basic Lease Payment, Operating Expenses and the Parking Fee shall be paid in equal monthly payments on or
before the fifteenth (15th) day of the month following the month to be paid; 

  

	 	5.3.2.	 The Variable part of the Lease Payment for the reporting (calendar) month shall be paid in advance not later
than the tenth (10th) day of the reporting month in an amount equivalent to eighty percent (80%) of the amount of the Variable Part of the Lease Payment, calculated based on the readings of utilities and power meters for the month before the last
one in relation to the month of the Lease Period for which the calculation is made (for example, when paying for the month of May, data on payment for the month of March are used). 

The Variable Part of the Lease Payment for the reporting month shall be calculated based on the meters readings, which the Parties use to
record the amount of utilities consumed by the Lessee, and the payment per unit of utilities. The payment for a unit of electrical power may not exceed the amount of payment for a unit of electrical power charged by the organization that centrally
supplies consumers with electrical power in the region (constituent entity of the Russian Federation) where the leased property is located, regardless of whether the leased property is supplied with electrical power according to a centralized or
autonomous scheme, including standby power supply. 
 The payment per unit of heat energy used to calculate the Variable Part of the Lease
Payment in relation to heat supply shall be determined on the basis of an unregulated tariff set by the General Contractor/Developer (with due regard to Parts 2.1 and 2.2 of Article 8 of Federal Law No.
190-FZ “On Heat Supply”, as well as paragraph 5 (5) of the Principles of Pricing in the Sphere of Heat Supply, approved by Resolution of the Government of the Russian Federation No. 1075 dated
22.10.2012) provided that the payment for a unit of heat energy may not exceed the amount of payment for a unit of heat energy charged by an organization that centrally supplies consumers with heat energy in the region (constituent entity of the
Russian Federation) where the leased property is located by more than twenty percent (20%) in the appropriate period of time. 
 The meter
readings shall be taken by the Lessor on the 1st day of each month of the Lease Period, beginning from Starting Date of the Lease Period. The Lessee may be present during taking the meter readings, and raise objections. 

  

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 For the first month of the Lease Period the Variable Part of the Lease Payment shall be
paid by the Lessee to the Lessor not later than five (5) business days from the Starting Date of the Lease Period. For the first two months of the Lease Period, the data for the month preceding the last month of access shall be used to
calculate the advance instead of the data indicated above (the estimated value specified in subclause 3.4.2.2 hereof shall not apply). 

The remaining amount of the Variable Part of the Lease Payment for the reporting month shall be paid at the end of the reporting month within
five (5) business days from the date of receipt of the respective invoice from the Lessor. In this case, the bill and invoice for the reporting month for the entire amount of the Variable Part of the Lease Payment for the reporting month shall
be issued based on the data for the reporting month. If necessary, the Parties conduct a reconciliation of mutual settlements once a month. 

At the same time: 
 The
Basic Lease Payment, the Operating Expenses and the Parking Fee for incomplete calendar month of the Lease Period shall be calculated in proportion to the number of calendar days falling on the Lease Period in such calendar month. 

 

	5.4.	 The Lessor shall invoice the Lessee for payment of the Basic Lease Payment, the Parking Fees, the Variable
Lease Payment, the Operating Expenses, and any other payments, within three (3) business days before the payment date.    Invoices shall be sent to the postal and email address of the Lessee specified in Clause 13.2 hereof.
The invoices not issued by the Lessor for the payment of the Basic Lease Payment, the Operating expenses, the Parking Fees shall not constitute grounds for the Lessee’s failure to make the said payments within the period specified herein.

  

	5.5.	 Payments hereunder shall be made in rubles. 

 

	5.6.	 Unless otherwise specified in the Lessor’s invoice, the Lessee shall make payments hereunder by wire
transfer to the bank account specified by the Lessor herein, and the Lessor may change such bank account during the Lease Period by giving the Lessee a notice within ten (10) business days prior to the next payment date. 

 

	5.7.	 All payment amounts that are payable by the Lessee to the Lessor hereunder are specified in this Agreement
excluding VAT, unless otherwise expressly provided hereby. If in accordance with the laws of the Russian Federation, the payment amounts are subject to VAT, the VAT amount (calculated at the then applicable rate) will be specified in the respective
invoice of the Lessor and shall be paid by the Lessee according to the same procedure as the payment amounts. 

  

	5.8.	 In case the Lessee makes any payment under this Agreement which is subject to VAT, the Lessee shall pay the
respective VAT amount to the Lessor. In case the Lessee reimburses the Lessor for the expenses incurred by the Lessor, it shall also compensate the Lessor for the amount of VAT related to the said expenses, while the Lessor within ten
(10) business days after the end of the VAT tax period shall return to the Lessee the amount of VAT paid by the Lessee as part of the reimbursement of the expenses of the Lessor after the Lessor accepts the respective amount of VAT for
deduction based on the results of the tax period (quarter). In case the Lessee makes any payment subject to VAT under this Agreement, the Lessor is obliged to issue an invoice to the Lessee within the time period provided by law; in case of improper
performance of this obligation by the Lessor, it shall compensate the Lessee for the losses arisen from the impossibility to accept the VAT to deduction due to lack of properly and timely issued invoice in the amount of VAT, which was to be
indicated in the respective invoice. 

  

	5.9.	 Any payment hereunder shall be deemed to be made by one Party and actually received by the other Party from the
moment the funds are credited to the correspondent account of the payee’s bank. 

  

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	5.10.	 The Lessor may charge a penalty for each day of delay in payment of any component of the Lease Payment, any
other payment to be made by the Lessee, provision of a Bank Guarantee or a Security Payment in the amount of: one tenth of a percent (0.1%) during the first ten (10) days of delay; in the amount of two tenths of a percent (0.2%) starting from
the 11th day of delay in payment; three tenths of a percent (0.3%) starting from the 21st day of the delay in payment until the date of the
elimination of the violation due to delay. The Lessee shall pay to the Lessor the specified penalty within five (5) business days upon receipt of the respective request from the Lessor. The penalty shall be accrued on the amount of any payment,
except for the amounts of penalties itself hereunder payable by the Lessee hereunder but not paid by the Lessee in due course. The Parties specifically stipulated that the penalty for penalty (complex interest) hereunder is not allowed. The Parties
agree that in the event of early termination of the Agreement/termination of the Agreement from the date of early termination of the Agreement/termination of the Agreement, the forfeit specified in this Clause 5.10 hereof shall no longer be accrued,
but interest shall be accrued in accordance with Article 395 of the Civil Code of the Russian Federation. 

  

	5.11.	 Within thirty (30) calendar days from the date of signing this Agreement, the Lessee shall provide the
Lessor, at his option, with either a Bank Guarantee or a Security Payment that meets the requirements for a Bank Guarantee or a Security Payment specified in Appendix 8 hereto and ensuring the fulfillment of the Lessee’s obligations hereunder,
in an amount equal to the Basic Lease Payment, Operating Expenses and Parking Fees for six (6) months of the Lease Period, including VAT, which as of the date of signing the Agreement amounts to RUB seventy million nine hundred eighty-one thousand eight hundred and thirty kopecks (70,981,800.30), issued on the following conditions: 

  

	 	5.11.1.	 In case the Lessee chooses to secure its obligations hereunder in the form of a Security Payment, the Lessee
shall pay the Security Payment, and also undertake to further replenish the amount of the Security Payment in accordance with the provisions hereof and Appendix 8 with the increase of Basic Lease Payment for the Premises, Operating Expenses and
Parking Fees, and in the event of deductions provided for in Appendix 8 hereto. The Security Payment ensures the proper fulfillment by the Lessee of all obligations under this Agreement. 

Shall the Lessee choose to secure its obligations under the Agreement in the form of a Bank Guarantee, such Bank Guarantee shall ensure
performance of all obligations of the Lessee hereunder, including, inter alia, the obligation to make payments set forth herein, pay the amounts of any penalties (fines) set forth herein, the cost of damage caused by the Lessee to the Premises and
other property of the Lessor, covering other Lessee’s debt to the Lessor arising out of the Agreement. The Bank Guarantee shall be issued by one of the following banks: ... or any bank from the list of
TOP-15 banks of the Russian Federation as an independent guarantee, according to which the guarantor bank shall make a payment on the basis of a simple written request from the Lessor to the guarantor bank to
pay the amount under the Bank Guarantee, indicating the Lessee’s violation of the Agreement, indicating the amount to be paid, and with a request for its payment supplemented with the Lessee’s notification of the presence of an overdue
debt given to the Lessee five (5) business days before contacting the guarantor bank. The guarantor bank shall, at the request of the Lessor, transfer to the Lessor the amount specified by the
Lessor.                In case the Lessor applies to the guarantor bank for payments under the Bank Guarantee, the Lessee shall restore the amount of the Bank Guarantee
to the amount specified in Clause 5.11 within thirty (30) calendar days from the date of the payment to the Lessor by the guarantor bank under the Bank Guarantee. 

The Lessee shall ensure the validity of the Bank Guarantee or a number of successively issued Bank Guarantees for the entire term of the
Agreement plus thirty (30) calendar days, without allowing the periods of absence of the security for performance of the Lessee’s obligations. Instead of the Bank Guarantee, the Lessee, at its choice, may deposit in favor of the Lessor a
sum of money (Security Payment, 

  

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Article 381.1 of the Civil Code of the Russian Federation), equal to the size of the Bank Guarantee (Alternative Obligation, Article 308.1 of the Civil Code of the Russian Federation). In
case the Lessee initially provided a Bank Guarantee not for the entire period, but for one (1) year, the Lessee shall, not later than one (1) month before the expiry of such a Bank Guarantee, provide the Lessor with a new Bank Guarantee
for another period on the terms hereof, moreover the new Bank Guarantee shall be provided before the expiration of the previous one, but it shall come into effect on the next day after the expiration of the previous Bank Guarantee, that is, without
creating a period of simultaneous validity of two Bank Guarantees. 
  

	 	5.11.2.	 Based on the results of the Warehouse Building reconstruction, the amount of the Bank Guarantee / Security
Payment (depending on the method chosen by the Lessee to secure its obligations under the Agreement) specified in the first paragraph of Clause 5.11. is subject to recalculation and shall be indicated in the Supplementary Agreement, based on the
Leased Area of the Premises specified in the Supplementary Agreement. The Lessor shall provide consent to change the terms of the Bank Guarantee or terminate the existing Bank Guarantee (the Lessor’s waiver of its rights under the guarantee)
and receive an updated (new) Bank Guarantee. In this case, the Lessee, no later than thirty (30) calendar days from the date of signing by the Parties of the Supplementary Agreement, depending on what is applicable, shall either provide the
Lessor with an updated (new) Bank Guarantee or pay in favor of the Lessor a sum of money (Security Payment) equal to updated (new) Bank Guarantee. 

  

	 	5.11.3.	 In case of termination of this Agreement due to circumstances depending on the Lessor, the Lessor shall within
five (5) business days from the termination hereof, depending on what is applicable, either to waive its rights under the Bank Guarantee (Lessor’s refusal of its rights under the guarantee) and return the Bank Guarantee or return the
Security Payment to the Lessee. 

  

	5.12.	 The provision by the Lessee of security for the fulfillment of its obligations under this Agreement in the form
of a Bank guarantee (one or a set of consecutively valid ones) or a Security Payment during the entire term of the Agreement shall be an essential condition hereof, and non-performance and/or improper the
Lessee’s performance of such an obligation shall constitute a material violation of the terms hereof granting the Lessor with the right to demand early termination of the Agreement unilaterally in accordance with Clause 10.16 hereof, unless the
violation is eliminated by the Lessee within ten (10) business days from the date of receipt of the notice about the violation from the Lessor. 

  

	6.	 LESSEE’S RIGHTS 

 

	6.1.	 The Lessee shall be entitled to use the Premises during the whole Lease Period in accordance with the Permitted
Use and the terms of this Agreement. 

  

	6.2.	 For the entire Lease Period, the Lessee shall be granted the following rights (at the same time, the Parties
express their understanding that such rights are not exclusive and similar rights are granted by the Lessor and other lessees of the Complex): 

  

	 	6.2.1.	 the right to use the Common Areas to access the Premises in accordance with the Warehouse Use Rules;

  

	 	6.2.2.	 the right to use all existing and future Utilities at the Premises; 

 

	 	6.2.3.	 the right to load and unload goods in special loading and unloading areas at the Warehouse Building, in
accordance with the Complex Use Rules; 

  

	 	6.2.4.	 the right to use such parts of the Warehouse Building and/or the Complex, which will be allocated by the Lessor
for placing devices and equipment serving the Premises exclusively; 

  

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	 	6.2.5.	 granted that the Lease Payment has been made in a timely manner and granted that the Lessee provides the Lessor
with a list of license plates of cars that may enter the territory of the Complex: 

  

	 	6.2.5.1.	 the right to park passenger vehicles and trucks at the parking slots in accordance with the Complex Use Rules
and Parking Permits; 

  

	 	6.2.5.2.	 the right to move to and from the Parking Slots, as well as the right to move to the Handling Areas, coursing
in strict compliance with the Warehouse Complex Rules. 

  

	 	6.2.6.	 the right to directly execute a separate agreement for the provision of telecommunications services in the
Premises with any telecom operator provided that (a) the Lessor approves such a telecom operator in writing (such approval may not be unreasonably withheld), and (b) such a telecom operator removes all the cables and equipment from the
Premises and Warehouse Complex at the end of the Lease Period, unless otherwise agreed by the Parties in writing. 

  

	6.3.	 Given that the Lessee does not materially violate the Agreement, the Lessee shall be granted free and unimpeded
access to the Complex, provided to all Lessee’s employees, clients and suppliers in accordance with the Complex Use Rules. 

  

	6.4.	 Nothing in this Agreement shall grant the Lessee any rights or privileges, except for the rights expressly
granted to it by this Agreement. 

  

	6.5.	 The Lessee may suspend the activities in the Premises/Part of the Premises upon the onset of circumstances that
prevent the Lessee from using the Premises in the event that the such circumstances that prevent the Lessee from using the Premises occurred due to circumstances depending on the Lessor or third parties engaged by it. In this case, the Lessee shall
notify the Lessor in writing of the existence of such circumstances, after which the Parties shall conduct a joint inspection within one (1) business day, according to the results of which, if it is confirmed that it is impossible to use the
Premises/Part of Premises subject to the Permitted Use, the respective Closure Certificate for the Premises/Part of Premises shall be signed. The Lessee undertakes not to use the Premises / Part of Premises and immediately stop using the Premises
after signing the Closure Certificate for the Premises / Part of Premises specified in Clause 6.5 hereof, unless otherwise additionally agreed by the Parties. 

 

	6.6.	 The Lease Payment shall not be charged during the period when the Lessee does not use the Premises/Part of
Premises in accordance with Clause 6.5 hereof. 

  

	7.	 LESSEE’S OBLIGATIONS 

During the entire Lease Period the Lessee shall: 
  

	7.1.	 Permitted Use 

  

	 	7.1.1.	 use Warehouse Premises only as non-residential warehouse premises for
storage and processing of food and non-food products, including the associated processes of unloading, acceptance, movement, storage, picking, packaging and preparation of goods for sale, shipment, and other
warehouse activities; at the same time, the hazardous goods for storage of which the Hazardous Goods Area is intended in accordance with subclause 7.1.3 hereof, may be temporarily located in the Warehouse Premises, provided that such a temporary
location is necessary for the acceptance and sorting of goods, the assembly of shipments and the dispatch and shipment of goods; 

  

	 	7.1.2.	 use the Office Premises only as non-residential office premises to
accommodate offices, a medical center, a dining room, domestic and technical premises; 

  

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	 	7.1.3.	 use the Hazardous Goods Area in accordance with its purpose as a storage facility for hazardous goods of 2. 3.
4. 5. 6. 8 hazard classes, including the product groups listed in Clause 1.8 of Appendix 1:3 hereto in the amount of fifteen percent (15%) of the total volume of goods stored in the Hazardous Goods Area; 

 

	 	7.1.4.	 use the Technical Premises in accordance with their purpose; 

Permitted Use means free passage of the Lessee’s employees (persons visiting the Lessee or participating in the delivery of goods to the
Lessee) and passage of the Lessee’s vehicles (vehicles coming to the Lessee), including trucks, loading and unloading equipment, to the territory of the Premises for the performance of goods loading, unloading, and other warehousing activities.

 In case the authorized bodies identify violations of the laws of the Russian Federation caused by the activities of the Lessee and/or the Sub-lessee and/or other third parties engaged in the Premises by the Lessee, making the Lessor liable for violations committed by such persons on the basis of a court decision that has entered into legal force,
under which the Lessor was held liable for violations caused by the activities of the Lessee and/or third parties engaged by the Lessee, the Lessee shall immediately eliminate the respective violation and within ten (10) business days from the
date of receipt of the Lessor’s request to compensate the latter for the amount of penalties, imposed on the Lessor in accordance with the requirements/instructions of the authorized bodies in connection with the activities of the Lessee and/or
the Sub-lessee and/or other third parties engaged by the Lessee at the Premises that do not correspond to the purpose of the Premises and/or the category of the Warehouse Building and Complex for fire and
explosion hazard, as well as, if applicable, reimburse the Lessor for the property losses incurred in this regard (as stipulated in Article 406.1 of the Civil Code of the Russian Federation) in the amount of the claims presented to the Lessor by
third parties. In the event of a disagreement regarding the Party that committed the violation, or allowed violators to enter the Complex, the Parties shall jointly check the records confirming, which Party initiated or assisted the access of the
violators to the territory of the Complex. 
  

	7.2.	 Warehouse Use Rules 

To follow the Warehouse Use Rules provided that, in case of any inconsistencies between the Warehouse Use Rules and the Agreement, the
Agreement shall prevail. 
  

	7.3.	 Prohibition on imposing obstacles 

 

	 	7.3.1.	 shall not prevent the Lessor from exercising any of the Lessor’s rights hereunder; 

 

	 	7.3.2.	 shall not prevent the access to the Common Areas and Parking; and 

 

	 	7.3.3.	 not to prevent other lessees of the Complex or other users from using the Common Areas of the Complex.

  

	7.4.	 Repair, finishing and cleaning 

 

	 	7.4.1.	 on their own (or by the forces of third parties) and at their own expense maintain in good condition (including
appoint responsible employees, ensure systematic monitoring of the condition of the Premises and Utilities located in the Premises; together with representatives of the Lessor, examine one (1) time every six (6) months the technical
condition of the Premises and Utilities located in the Premises and assigned by the Certificate of Delineation of Operational Responsibility as the Lessee’s responsibility) and, if necessary, perform current repairs of the Premises and
Utilities located in the Premises and assigned by the Certificate of Delineation of Operational Responsibility as the Lessee’s responsibility. 

  

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 At the same time: 

carry out all work in the Premises, including the current repair of the Premises and Utilities located in the Premises, using colors and
materials that, in case they differ from the previously used colors or materials, shall be subject to prior written agreement with the Lessor; 
  

	 	7.4.2.	 during any repair or finishing work, observe the provisions of Appendix 5 hereto on the Lessee’s Works;

  

	 	7.4.3.	 to keep the Premises clean and free of debris in accordance with the Warehouse Use Rules, clean the inside of
windows in the Premises as needed; 

  

	 	7.4.4.	 to perform other actions at its own expense, including, but not limited to, cleaning and current repair of the
Premises in accordance with the instructions of the authorized bodies/entities, conclusions of any inspection and audit, which revealed the Lessee’s violation of the safety, fire safety rules, sanitary standards or other regulations and rules
in effect in the Russian Federation; 

  

	 	7.4.5.	 to perform other actions at its own expense in order to maintain the Premises in proper technical condition,
except for actions that shall be performed by the Lessor in accordance with the terms hereof; 

  

	 	7.4.6.	 provide at its own expense the collection and removal of waste from the Warehouse Building outside the
territory of the Complex, including garbage and SHW in any way permitted by the Laws, including by executing an agreement for the provision of services for handling SHW with a regional operator, who covers the area where SHW are formed and the
places they are accumulated; 

  

	 	7.4.7.	 remove at their own expense (with subsequent disposal) the snow and ice formed naturally due to atmospheric
precipitation on the territory of the Land Plot in the autumn-winter period outside the territory of the Complex (if it is necessary for the Lessee or required by the Law). 

 

	7.5.	 Alterations 

To follow the provisions of Appendix 5 hereto during the Lessee’s Works when making any alterations. 

 

	7.6.	 Utilities 

The Lessee shall maintain the Utilities located within the boundaries of the Premises and serving the Premises clean and free from any
poisonous, dangerous or harmful substances, and shall not block access to them. 
  

	7.7.	 Fire and General Safety 

The Lessee shall comply with the requirements of the law provided for in Clause 5.2 of Appendix 4 hereto, in particular, fire safety rules,
rules for using electrical appliances, electrical safety rules. occupational safety rules, and fulfill other obligations stipulated by the laws of the Russian Federation, as well as by orders and decrees of the authorized state body/organization in
relation to fire supervision. The Lessee shall be responsible for ensuring security, including for the work of its own security service, alarm, devices and systems, to the extent applicable to the Premises. The Lessee’s security system at the
Premises shall not restrict the Lessor’s right of access to the Premises or hinder its implementation by the Lessor in accordance with the Agreement, and shall not adversely affect the general security system of the Warehouse Building or
Complex. 
  

	7.8.	 Prohibited Use 

The Premises shall not be used: 
  

	 	7.8.1.	 for any purposes contrary to the Permitted Use; 

  

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	 	7.8.2.	 in any way that increases the noise level in the Premises, in the Warehouse Building, in the Complex and/or in
the nearby territory in excess of the levels established by the Russian standards; 

  

	 	7.8.3.	 in any way that would cause interference or damage to the Lessor or third parties in the Complex;

  

	 	7.8.4.	 in any illegal and/or other way or for any illegal and/or other purposes that do not comply with the
requirements of the laws of the Russian Federation; 

  

	 	7.8.5.	 in any prohibited way that would cause the increase of the level of explosion-fire hazard in the Warehouse
Building and/or the Complex; 

  

	 	7.8.6.	 in any way that interferes with the operation of the heating, ventilation system of the Premises and/or
Warehouse Building; 

  

	 	7.8.7.	 in any way that invalidates or cancels the Certificate of Insurance. 

 

	7.9.	 Pollutants and malfunctions 

The Lessee shall: 
  

	 	7.9.1.	 promptly inform the Lessor in writing of any malfunctions, pollutants or harmful substances at the Premises;

  

	 	7.9.2.	 if so required by the Lessor, immediately remove any such pollutants or harmful substances from the Premises,
except for goods allowed for storage in accordance with the Agreement (under Clause 7.1 hereof), and rectify the malfunctions, if any, resulting from the actions of the Lessee. 

 

	7.10.	 Parking 

The Lessee shall not be entitled to use the Parking for the purposes other than parking cars at the Parking. 

The Lessee shall have access to one hundred fifty (150) Parking Slots for parking passenger vehicles,
forty-six (46) Parking Slots for parking trucks and eight (8) Parking Slots for parking buses according to the Complex and Parking Plan, attached as Appendix 1:1 hereto. 

 

	7.11.	 Lessor and Management Company’s Access 

The Lessee shall provide the Lessor and/or the Management Company with access to the Premises at a reasonable time and subject to the provision
of advance notice no later than one (1) day prior to the date of the proposed access (except for emergencies and accidents when such notification is not required) for the purpose of: 

 

	 	7.11.1.	 inspecting and checking the Premises; 

 

	 	7.11.2.	 allowing potential lessees or buyers of the Premises or actual or potential lenders of the Lessor to conduct
inspection; 

  

	 	7.11.3.	 eliminating the consequences of the Lessee’s violation of its obligations hereunder;

  

	 	7.11.4.	 carrying out current repair and maintenance, cleaning, modification, installation or connection to any
Utilities servicing any of the Warehouse Building and/or the Premises, as well as repair, maintenance and upkeeping, modification or reconstruction of any part of the Warehouse Building; and 

 

	 	7.11.5.	 performing any other duties or exercising any of the Lessor’s rights hereunder; however, the Lessor shall
cause as little inconvenience and interference as possible in exercising such rights. 

  

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	7.12.	 Sign boards 

Not to place any sign boards, ads and billboards outside the Premises without the prior written consent of the Lessor. 

 

	7.13.	 Insurance 

The Lessor shall perform its obligations set forth in Appendix 3 (“Insurance”). 

 

	7.14.	 Statutory requirements 

Comply with the applicable laws of the Russian Federation and the requirements of all authorized bodies/agencies with respect to the Premises
or use thereof and inform the Lessor within three (3) business days upon receipt of any notice from any competent body/agency with respect to the Premises or use thereof. 
  

	7.15.	 Approval from Authorized Bodies/Entities 

Refrain from any actual and/or legal actions associated with changing the purpose of the Premises, Permitted Use; execution of cadastral works,
technical inventory and state cadastral (technical) registration of the Premises; state registration of encumbrances (restrictions) and/or rights to the Premises; making, changing and/or canceling registration entries in the Unified State Register
of Immovable Property in relation to the Premises; registration of legal entities in the Premises (except for cases expressly provided for by the Agreement): transferring the Premises as a pledge (mortgage), establishing restrictions (encumbrances)
on the Premises; state registration of the rights of third parties to the Premises and the use of the Premises in any other way, which may entail the emergence of the rights of third parties to the Premises and/or obligations of the Lessor to the
Lessee and/or third parties, without the prior written consent of the Lessor. 
  

	7.16.	 Sale/Lease billboards 

The Lessee shall let the Lessor place lease billboards (within the last year of the Lease Period) or sale billboards outside the Premises, in a
manner that the Lessor reasonably deems necessary provided that it does not interfere with the use of the Premises by the Lessee. 
  

	7.17.	 Other duties 

Perform other duties established by other clauses of this Agreement and Appendices hereto. 

The Lessee shall immediately, but in any case within a period not exceeding one (1) business day inform the Lessor about any damage or
destruction of the Premises, the Warehouse Building, or the Complex, as well as other damage caused to the Premises, the Warehouse Building or the Complex, which has come to the Lessee’s knowledge. 

If the Lessee causes damage to the Lessor’s property, the Lessee shall indemnify the Lessor for the damage caused by the Lessee to the
Premises, Utilities, the Warehouse Building and/or the Complex within 10 (ten) business days upon receipt of the Lessor’s written request with the attached calculation and documentary confirmation of the amount of damage caused, unless the term
is otherwise agreed by the Parties.    In case of the Lessee’s disagreement with the amount of damage determined by the Lessor, the Lessee shall within five (5) business days upon receipt of the Lessor’s written
request send to the Lessor substantiated written objections with the attached calculation and documentary confirmation of the amount of damage caused by the Lessee, as well as indemnify the Lessor the amount of damage not contested by the Lessee. At
the same time, the final amount of damage, including the price of the services of an independent expert to be reimbursed by the Lessee to the Lessor, shall be determined by an independent expert engaged by the Parties. 

 

	7.18.	 Lessee’s liability for violation of the obligations 

In case the Lessee violates the procedure or deadlines for performance of its obligations set forth in: 

  

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	 	7.18.1.	 Clause 7.2 hereof, and fails to eliminate such a breach within the term determined by the Lessor, the Lessee
shall, within five (5) business days upon receipt of the relevant request of the Lessor, pay the Lessor a fine worth RUB fifteen thousand (15,000) per breach; 

 

	 	7.18.2.	 Clause 7.3 hereof, and fails to eliminate such a breach within the period determined by the Lessor, the Lessee
shall, within five (5) business days upon receipt of the relevant request of the Lessor, pay the Lessor a fine worth RUB sixty thousand (60,000) per breach; 

 

	 	7.18.3.	 Clause 7.4 (excluding subclause 7.4.2), or Clause 7.6, or Clause 7.12 hereof and fails to eliminate such a
breach within three (3) business days (including subclause b) of this Clause 7.18) or within the term reasonably determined by the Lessor, the Lessee shall, within five (5) business days upon receipt of the relevant request of the Lessor,
pay the Lessor a fine worth RUB thirty thousand (30,000) per breach; 

  

	 	7.18.4.	 Subclause 7.4.2 and/or Clause 7.5 hereof, the Lessee, at the request of the Lessor, shall suspend the
Lessee’s Works that are being performed against the provisions of Appendix 5, and pay the Lessor a fine of RUB three hundred thousand (300,000), except for violations that are insignificant and will be immediately eliminated, and their
elimination by the Lessee shall begin (except for cases when immediate elimination of such violations is required due to the nature of the violation and such violation jeopardizes the safety of the Complex or the Premises); 

 

	 	7.18.5.	 Clause 7.8 and/or Clause 9.1 hereof, and fails to eliminate such violation within the period determined by the
Lessor, the Lessee shall, within five (5) business days upon receipt of the relevant request of the Lessor, pay the Lessor a fine worth RUB sixty thousand (60,000) for each calendar day of delay in such violation elimination;

  

	 	7.18.6.	 Clause 7.10 hereof, and fails to eliminate such violation within three (3) business days (given that such
a violation does not jeopardize the safety of the Complex) or within the period determined by the Lessor, the Lessee shall, within five (5) business days upon receipt of the relevant request of the Lessor, pay the Lessor a fine worth RUB
fifteen thousand (15,000) for each calendar day of delay in such violation elimination; 

  

	 	7.18.7.	 Clause 7.14 hereof regarding notification of the Lessor on the Lessee’s receipt of notifications from any
competent authority/agency in relation to the Premises or use thereof, the Lessee (in case of violation of the notification period specified in Clause 7.14 hereof for more than three (3) business days) shall, within five (5) business days
upon receipt of the relevant request of the Lessor, pay the Lessor a fine worth RUB one hundred and fifty thousand (150,000) for each calendar day of delay in such violation elimination; 

 

	 	however:	 

  

	 	(i)	 payment by the Lessee of the fine provided for herein shall not relieve the Lessee from performance of the
respective obligation; and 

  

	 	(ii)	 in case the Lessee fails to eliminate violations within fifteen (15) calendar days upon receipt of the
Lessor’s request, the Lessor may, on its own or by third parties and at its own expense, eliminate the consequences of the Lessee’s failure to perform or improper performance of its obligations hereunder, and the Lessee shall reimburse the
Lessor for all reasonable and documented expenses incurred, and shall do so within five (5) business days upon receipt of the Lessor’s invoice; 

The Parties specifically agreed that: 
  

	 	a)	 for each individual event of failure to perform or improper performance by the Lessee of its obligations
hereunder, the Lessee may be fined only 1 (one) time; and 

  

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	 	b)	 the Lessee shall be liable for non-fulfillment or improper fulfillment
of subclause 7.4.1 and/or Clause 7.6 and/or Clause 7.12 hereof only if the Lessee fails to resolve the violation within ten (10) business days from the date of receipt of the notification from the Lessor, except for cases when non-fulfillment or improper fulfillment of subclause 7.4.1 and/or Clause 7.6 has led or may lead to emergency consequences, in such cases the Lessee shall be liable from the first (1) day of failure to
eliminate the violation; and 

  

	 	c)	 the Lessee shall, upon the Lessor’s request, compensate the latter for the amount of any penalties imposed
on the Lessor in accordance with the claims/orders of the authorized bodies due to the actions/omissions of the Lessee and/or the Sublessee and/or other third parties and/or the Lessee’s visitors admitted to the Premises. 

 

	8.	 LESSOR’S OBLIGATIONS 

The Lessor shall: 
  

	8.1.	 Transfer to the Lessee the working documentation for the reconstruction of the Warehouse Building in relation
to the areas not later than ten (10) business days before the date of access to the relevant areas of the Premises. 

Strive together with the Lessee to implement the Parties Cooperation Plan(Appendix 13 to the Agreement). 

From the date of granting access to the relevant area of the Premises, in accordance with subparagraph 3.3.4 hereof, not to suspend or postpone
the Lessee’s Works in such an area for more than ten (10) business days or for more than thirty (30) business days in aggregate in any zones of Premises to which access is provided in accordance with Clause 3.3 hereof. 

 

	8.2.	 Comply with legal requirements in accordance with Clause 5.1 of Appendix 4 hereto. 

 

	8.3.	 Provision of the Premises 

To lease out the Premises to the Lessee under the provisions of the Agreement. On the date the Lessor leases the Premises they shall be
equipped and connected to the Utilities as per the relevant requirements set out in Appendices 1:0, 1:2 and 1:3 hereto, and shall not have significant defects under Clause 3.7 hereof. On the date the Lessor leases the Premises, the Lessor shall have
obtained the permission to commission the building (after reconstruction) in which the Premises are located. The Acceptance Certificate for the Premises signed by the Parties shall serve as the document confirming the proper fulfillment by the
Lessor of the obligation to provide the Premises, and in the case provided for in Clause 3.9 hereof the Acceptance Certificate for the Premises signed by the Landlord unilaterally serves as such. 

 

	8.4.	 Quiet enjoyment 

Provided that the Lessee makes the Lease Payment in a timely manner, the Lessor undertakes to grant the Lessee with the right to safely use the
Premises without any hindrances or interruptions (in particular, to be able to freely travel and pass through the Complex to the Premises (taking into account the access control of the Complex) from public roads). At the same time, the Lessee agrees
that the Lessor (or persons vested with such right) shall be entitled to perform certain works on equipping the Warehouse Building, as well as to carry out the construction of other buildings in the Complex and the adjacent territory, provided that
such actions of the Lessor do not violate the Lessor’s obligations hereunder, do not create obstacles to the Lessee in using the Premises in accordance with the Permitted Use; and in respect of works on equipping the Warehouse Building the
Lessor shall notify the Lessee in not later than three (3) business days in advance. 
  

	8.5.	 Provision of Operational Maintenance 

  

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	 	8.5.1.	 Provided that the Lessee pays the Lease Payment hereunder within the time and in the manner provided for
herein, the Lessor shall do everything necessary to ensure the Operational Maintenance, while the Lessor: 

  

	 	8.5.1.1.	 may increase or change the scope of the Operational Maintenance, or terminate the Operational Maintenance, if
it is necessary to ensure the proper and efficient operation, management, maintenance, inspection or repair of the Warehouse Building and/or the Complex, without prejudice to the Lessee’s interests and right to use the Premises in accordance
with the Permitted Use ; and 

  

	 	8.5.1.2.	 the Lessor will not be deemed having violated the provisions of Clause 8.5.1 of the Agreement as a result of non-performance of or a break in the Operational Maintenance due to circumstances that, for objective reasons, are beyond the control of the Lessor, and if the Lessor takes actions to resume the Operational
Maintenance as early as possible after it has become aware of the circumstances. 

 The Lessor may fulfill its obligations
to manage the Complex, the Warehouse Building and/or the Premises hereunder either independently or through the Management Company appointed by it, which will provide such services. 

 

	8.6.	 Insurance 

The Lessor shall perform its obligations set forth in Clause 1 of Appendix 3 (“Insurance”) hereto. 

 

	8.7.	 Operational Maintenance 

The Lessor shall ensure Operational Maintenance and fulfill its obligations established in accordance with Appendix 4 (“Operating
Expenses”) hereto, while the Lessee shall pay Operating Expenses in the manner and amount provided for herein. 
 In case authorized
bodies identify violations of the laws of the Russian Federation caused by the activity of the Lessor and/or other third parties engaged by the Lessor, making the Lessee liable for the violations committed by such persons, on the basis of an
effective court decision in accordance with which the Lessee was held liable for violations caused by the activities of the Lessor, and/or third parties engaged by the Lessor, the Lessor shall immediately eliminate the respective violation and,
within ten (10) business days upon receipt of the Lessee’s request, compensate the latter for the amount of penalties imposed on the Lessee in accordance with the claims/orders of the authorized bodies in connection with the activities of
the Lessor and/or other third parties engaged by the Lessor that do not correspond to the purpose of the Premises and/or the Warehouse Building and Complex category in terms of fire and explosion-fire hazard, and, if applicable, compensate the
Lessee (in the meaning of Article 406.1 of the Civil Code of the Russian Federation) for the amount of claims lodged against the Lessee by third parties. In the event of a disagreement regarding the Party that committed the violation, or allowed
violators to enter the Complex, the Parties shall jointly check the records confirming, which Party initiated or assisted the access of the violators to the territory of the Complex. 

 

	9.	 RIGHTS AND OBLIGATIONS ASSIGNMENT AND SUBLEASE 

 

	9.1.	 Without prior written consent of the Lessor the Lessee may not: (a) assign, mortgage, bring as a
contribution to the authorized (share) capital or a share contribution, and/or to encumber/assign otherwise the rights and obligations hereunder; and (b) sublease the Premises or any part thereof and also transfer thereof into ownership or
otherwise use to the third parties. 

  

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	9.2.	 The Lessee shall provide to the Lessor for consideration and approval the draft of any agreement on commission
by the Lessee of the actions set forth in Clause 9.1 hereof prior to signing the same. 

  

	9.3.	 The Lessee shall submit to the Lessor a copy of any agreement provided for in clause 9.1 hereof, certified by
the Lessee, and the original of such agreement (for the purposes of comparison and production by the Lessor of a notarized copy) within five (5) business days from the date of signing such agreement. 

 

	9.4.	 Notwithstanding the execution of any sub-lease agreement regarding the
Premises in accordance with this Agreement, the Lessee shall be liable for the performance of its obligations hereunder. The Lessee shall promptly remedy any breach of its obligations hereunder caused by the sublessee. 

 

	9.5.	 The Lessor may not sell the Premises or the building of which the Premises are a part, to persons affiliated
with organizations using trademarks, service marks or names: ...; 

 as well as entities included in the rating ...
as of the date closest to the date of sale, without the prior written consent of the Lessee. 
 For the avoidance of doubt, the limitations
of the Lessor’s rights set forth in this clause shall not apply to the following entities and persons affiliated with such entities: 

...; 
 The Parties also agree that
the Lessor may (without any restrictions) pledge and otherwise dispose of its rights to the Complex, including the Warehouse Building and the Premises. 
  

	9.6.	 Notwithstanding the provisions of this Clause 9 hereof, in respect of the following companies: Internet
Logistics LLC (OGRN 1076949002261, INN 6949003359), Ozon Holding LLC (OGRN 5167746332364, INN 7743181857), the Lessor’s consent to sublease the specified legal entities is implied (provided in the text of the Agreement), and sublease in favor
of such legal entities shall be possible subject to notification of the Lessor in writing of the intention to enter into a sublease agreement within five (5) days prior to the scheduled date of such
sub-lease agreement and providing the Landlord with a copy of the signed sub-lease agreement within ten (10) calendar days from the date of execution thereof.

  

	10.	 LIABILITY OF THE PARTIES. TERMINATION 

 

	10.1.	 In case of violation by the Parties of the terms of provision or acceptance of the Premises according to the
Access Certificates: 

  

	 	•	 	 Stage 1 or Stage 5 for a period of ten (10) or more days: or 

 

	 	•	 	 Stage 2 or Stage 3, or Stage 4 for a period of thirty (30) or more days, 

specified in Clause 3.1 hereof, taking into account Clause 3.2 hereof, the breaching Party shall, at the request of the other Party, pay a
forfeit for each day of delay in the provision or acceptance of the Premises according to the relevant Access Certificate until the signing of such Access Certificate or execution of such Access Certificate unilaterally in the amount of: 

 

	 	•	 	 five tenths of a percent (0.5%) of the amount of the Lease Payment for one (1) month of lease for each day
of delay in providing the Lessee with access to the Premises, starting from the eleventh (11) day of delay in providing the Lessee with access to the Premises; 

 

	 	•	 	 one percent (1%) of the amount of the Lease Payment for one (1) month of lease for each day of delay in
providing the Lessee with access to the Premises, starting from the thirty first (31) day of delay in providing the Lessee with access to the Premises; 

  

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	 	•	 	 one and five tenths of a percent (1.5%) of the amount of the Lease Payment for one (1) month of lease for
each day of delay in providing the Lessee with access to the Premises, starting from the fifty first (51) day of delay in providing the Lessee with access to the Premises; 

The breaching Party shall pay the specified penalty within five (5) business days upon receipt of the respective request from the other
Party. The Parties specifically stipulated that the penalty for penalty (complex interest) hereunder is not allowed. 
 For the avoidance of
doubt, the Parties agree that a Party entitled to a penalty under this Clause of the Agreement may demand from the other Party the payment of a penalty only on one of the grounds specified in this Clause hereof, that is, if the penalty is subject to
accrual for the delay in providing access under several Access Certificates, then the Party entitled to a penalty under this Clause 10.1 hereof may demand from the other Party the payment of a penalty for the delay in granting or accepting access
only for one of the Access Certificates. 
 The parties additionally agreed that in case there are grounds for calculating a forfeit
simultaneously under this Clause 10.1 hereof and Clauses 10.2. 10.3 and/or 10.5 hereof, then the Party entitled to the penalty under such clauses may demand from the other Party the payment of a penalty only on one of such clauses (simultaneous
collection of a penalty under these clauses is not allowed). 
  

	10.2.	 In case the Lessor violates the term for providing the Lessee with a notice of readiness to transfer the
Premises according to the Acceptance Certificate for the Premises or the Lessor violates the terms for the provision of the Premises to the Lessee as specified in Clauses 3.8 and 3.9 hereof for a period of more than ten (10) business days, the
Lessor shall pay a penalty at the request of the Lessee for each day of delay in providing the Lessee with a notice of readiness to transfer the Premises under the Acceptance Certificate for the Premises or delay in providing the Lessee with the
Premises in the amount of: 

  

	 	•	 	 five tenths of a percent (0.5%) of the amount of the Lease Payment for one (1) month of lease for each day
of delay in leasing the Premises to the Lessee, starting from the eleventh (11) day of delay in leasing the Premises to the Lessee; 

  

	 	•	 	 one percent (1%) of the amount of the Lease Payment for one (1) month of lease for each day of delay in
leasing the Premises to the Lessee, starting from the thirty first (31) day of delay in leasing the Premises to the Lessee; 

  

	 	•	 	 one and five tenths of percent (1.5%) of the amount of the Lease Payment for one (1) month of lease for each
day of delay in leasing the Premises to the Lessee, starting from the fifty first (51) day of delay in leasing the Premises to the Lessee; 

In the event of an ungrounded refusal/evasion of the Lessee on the Starting Date of the Lease Period from signing the Acceptance Certificate
for the Premises and/or the Supplementary Agreement, the Lessee shall be liable in accordance with Clause 3.9 hereof. 
 The breaching Party
shall pay the specified penalty within five (5) business days after receiving the relevant request from the other Party (with due account of the last paragraph of Clause 10.1 hereof). The Parties specifically stipulated that the penalty for
penalty (complex interest) hereunder is not allowed. 
  

	10.3.	 In case the Lessor violates its obligation not to suspend or postpone the performance of the Lessee’s
Works in accordance with Clause 8.1 hereof, taking into account subclause 3.3.4 hereof, for a period of more than ten (10) business days, the Lessor shall, at the request of the Lessee, pay a penalty for each day of suspension or postponement
in the performance of the Lessee’s Works for a period of more than ten (10) business days in the amount of: 

  

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	 	•	 	 five tenths of a percent (0.5%) of the amount of the Lease Payment for one (1) month of lease for each day
of suspension or postponement of the Lessee’s Works for a period of more than ten (10) business days, starting from the eleventh (11) day of suspension or postponement of the Lessee’s Works; 

 

	 	•	 	 one percent (1%) of the amount of the Lease Payment for one (1) month of lease for each day of suspension or
postponement of the Lessee’s Works for a period of more than ten (10) business days, starting from the thirty first (31) day of suspension or postponement of the Lessee’s Works; 

 

	 	•	 	 one and five tenths of a percent (1.5%) of the amount of the Lease Payment for one (1) month of lease for
each day of suspension or postponement of the Lessee’s Works for a period of more than ten (10) business days, starting from the fifty first (51) day of suspension or postponement of the Lessee’s Works; 

The breaching Party shall pay the specified penalty within five (5) business days upon receipt of the respective request from the other
Party (with due account of the last paragraph of Clause 10.1 hereof). The Parties specifically stipulated that the penalty for penalty (complex interest) hereunder is not allowed. 

 

	10.4.	 In case the Lessor fails to remedy the violations within fifteen (15) calendar days from the date of
receipt of a written request from the Lessee about the presence of defects in the Premises specified in the notice of defects in the Premises, unless a longer period is agreed by the Parties and with the exception of violations whose elimination
requires replacement of equipment, the Lessor shall pay the Lessee a penalty in the amount of two tenths of a percent (0.2%) of the Lease Payment for one (1) month of lease (the month in which the violation was committed) for each day the
Lessor fails to remedy the violations until the day the Lessor eliminates the violations. 

 In case the Lessor fails to
remedy the violations whose elimination requires replacement of equipment within sixty (60) calendar days from the date of receipt of a written request from the Lessee about the presence of defects in the Premises specified in the notice of
defects in the Premises, unless a longer period is agreed by the Parties, the Lessor shall pay the Lessee a penalty in the amount of two tenths of a percent (0.2%) of the Lease Payment for one (1) month of lease (the month in which the
violation was committed) for each day the Lessor fails to remedy the violations until the day the Lessor eliminates the violations. 
 In
case the Lessor’s failure to eliminate the violations prevents the Lessee from using the Premises, the Lessee may terminate the use of the Premises and stop making the Lease Payment until the Lessor eliminates the violations in accordance with
Clause 6.5 hereof. 
  

	10.5.	 In case the Lessor violates the term in which it is obliged to ensure the registration of the Agreement
(October 1, 2020) for a period of more than sixty (60) calendar days due to: 

  

	 	•	 	 the Lessor’s violation of the deadline for submitting documents for state registration, established by
Clause 15.2 hereof; or 

  

	 	•	 	 the Lessor’s violations of the requirements of the law; or 

 

	 	•	 	 the defects in the documents in relation to the Premises and or the Land Plot; or 

 

	 	•	 	 the defects in the documents drawn up by the Lessor, 

but in any case, with the exception of those cases when the delay is caused by unlawful acts and/or omissions of the body that executes state
registration of rights to real estate, violation of deadlines for reasons depending on the body that executes state registration of rights to real estate, and/or suspension of state registration of rights for real estate for the following reasons:

  

	 	•	 	 documents (information contained in them) requested by the registration authority on interdepartmental requests
were not submitted (not received); 

  

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 information on the absence of documents (information contained in them) requested by the
registration authority on interdepartmental requests was presented (received). 
 The Lessor shall, at the request of the Lessee, pay a
penalty for each day of delay in the amount of: 
  

	 	•	 	 one tenth of a percent (0.1%) of the amount of the Lease Payment for one (1) month of lease for each day of
delay, starting from the first (1) day of delay; 

  

	 	•	 	 two tenth of a percent (0.2%) of the amount of the Lease Payment for one (1) month of lease for each day of
delay, starting from the eleventh (11) day of delay; 

  

	 	•	 	 three tenth of a percent (0.3%) of the amount of the Lease Payment for one (1) month of lease for each day
of delay, starting from the twenty first (21) day of delay; 

 In case the Lessor violates the term in which it is
obliged to ensure the registration of the Agreement for a period of more than sixty (60) calendar days due to: 
  

	 	•	 	 the Lessee’s violation of the term to provide the Lessor with the documents requested by the Lessor (ten
(10) business days from the date of receipt of the request); or 

  

	 	•	 	 the Lessee’s violation of the requirements of the law; or 

 

	 	•	 	 the defects in the documents drawn up by the Lessee. 

The Lessee shall, at the request of the Lessor, pay a penalty for each day of delay in the amount of: 

 

	 	•	 	 one tenth of a percent (0.1%) of the amount of the Lease Payment for one (1) month of lease for each day of
delay, starting from the first (1) day of delay; 

  

	 	•	 	 two tenth of a percent (0.2%) of the amount of the Lease Payment for one (1) month of lease for each day of
delay, starting from the eleventh (11) day of delay; 

  

	 	•	 	 three tenth of a percent (0.3%) of the amount of the Lease Payment for one (1) month of lease for each day
of delay, starting from the twenty first (21) day of delay; 

 The breaching Party shall pay the specified penalty to
the other Party within five (5) business days upon receipt of the respective request from the other Party (with due account of the last paragraph of Clause 10.1 hereof). The Parties specifically stipulated that the penalty for penalty (complex
interest) hereunder is not allowed. 
 The Parties agree that the penalty specified in this Clause may be claimed from a Party only after
receiving a notification or other document from the registering authority (the authority that executes state registration of rights to real estate) confirming that the delay in registering the Agreement was caused by the improper actions specified
in this Clause one of the Parties. 
 The Parties also agree that if a court decision that has entered into force establishes that the delay
in registration of the Agreement was caused by illegal acts (omissions) of the body that executes state registration of rights to real estate, the Party that received the penalty shall return the amount of the specified penalty to the other Party
within five (5) business days after receiving the relevant request from the Party. 
  

	10.6.	 The Lessor may unilaterally terminate this Agreement (avoid the agreement on the basis of Clause 2 of Article
450.1 of the Civil Code of the Russian Federation) by sending a written notice to the Lessee ten (10) business days before the date expected termination in the following cases if the Lessee within thirty (30) calendar days from the date of
notice regarding the violation has not eliminated the following violations/circumstances: the Lease Payment or part thereof, or any other amounts payable by the Lessee hereunder, including, inter alia, the provision of a Bank Guarantee or a Security
Payment, are overdue by thirty (30) days or more; or 

  

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	 	10.6.1.	 the Lessee violates or does not fulfill any of the obligations of the Lessee provided for in Clauses 5.11, 7.1,
7.4 (except for subclause 7.4.5 hereof), 7.5, 7.7–7.10, 7.13, 7.14, 9.1 hereof; 

  

	 	10.6.2.	 any bankruptcy procedure has been initiated in relation to the Lessee and the bankruptcy proceedings have not
been terminated within three (3) months from the date of initiation thereof (except for the termination of proceedings due to lack of funds sufficient to reimburse court costs for the procedures applied in the bankruptcy case, including the
costs of paying remuneration to the insolvency commissioner); or a liquidation procedure has been initiated against the Lessee. 

AT THE SAME TIME: 
 if violations
may be eliminated, the Lessor shall let the Lessee eliminate the violation by giving it a written notice of the Lessee’s failure to fulfill its obligations hereunder and the Lessor’s intention to terminate the Agreement if the violation is
not eliminated within 10 business days from the date of delivery of the notice of termination of the Agreement in connection with the failure of the Lessee to eliminate violations hereunder. In this case, any such written notice shall be deemed
withdrawn if the Lessee eliminates the violation before the expiration of ten (10) business days from the date of delivery of such notice to the Lessee. 
  

	10.7.	 Regardless to any other right and remedies provided to the Lessor in accordance with the Agreement or
applicable law, in case of termination of the Agreement by the Lessor in accordance with Clause 10.16 of the Agreement or under the applicable law of the Russian Federation, as demanded by the Lessor, the Lessee shall pay to the Lessor a penalty as
follows: 

  

	 	10.7.1.	 one and the least of the following amounts specified in subparagraphs 10.7.1.1 and 10.7.1.2 below:

  

	 	10.7.1.1.	 the sum in the amount of the Lease Payment for eighteen (18) months of lease, and subject to the transfer
of ownership of the Warehouse Building to a new owner and if the person changes on the Lessor’s side, the sum in the amount of the Lease Payment for thirty six (36) months of lease instead of the amount of the Lease Payment for eighteen
(18) months lease: or 

  

	 	10.7.1.2.	 in case the Lessor executes with a new lessee (hereinafter the “New Lessee”) a long-term lease
agreement (hereinafter referred to as the “New Lease Agreement”) in respect of all Premises on similar or better conditions in comparison with the terms hereof, the Lessee shall pay the Lessor at its request the amount equal to the
Lease Payment which would be payable from the date of early termination of the Agreement until the date of state registration of the New Lease Agreement in relation to the Premises. 

 

	 	10.7.1.3.	 In this case, if the New Lease Agreement is executed by the Lessor with the New Lessee in relation to a part of
the Premises and/or on worse financial conditions in comparison with the terms hereof, the Lessee, at the request of the Lessor, in addition to the amount specified in the first paragraph of this subclause 10.7.1.2 of the Agreement, shall pay to the
Lessor, respectively: 

  

	 	•	 	 the sum in the amount of the Lease Payment payable in respect of a part of the Premises not leased to the New
Lessee, from the date of state registration of the New Lease Agreement until the end date of the Lease Period under this Agreement; and/or 

  

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	 	•	 	 the sum of the difference between the amount of Lease Payment that would have been payable by the Lessee under
the Agreement prior to the expiration of the Lease Period and the amount of Lease Payment payable by the New Lessee in respect of the Premises in accordance with the New Lease Agreement; 

 

	 	10.7.2.	 part of the amount of expenses incurred by the Lessor related to the execution and/or termination hereof,
including, inter alia, the cost of paying for brokerage services (in the amount of not more than RUB fifteen million (15,000,000); 

  

	 	10.7.3.	 the amount of the Landlord’s expenses associated with cleaning, repair and restoration of the Premises to
the state in which they were accepted at the beginning of the Lease Period under the Acceptance Certificate (excluding natural wear and tear), in connection with the preparation of the Premises for leasing to subsequent lessees, if such obligations
were not fulfilled by the Lessee when returning the Premises, but not including the costs of work to bring the Premises in line with the individual requirements of the new user of the Premises, and in a total amount not exceeding RUB one million
(1,000,000). The Parties have separately agreed that the limitation of the amount of expenses specified in this subclause 10.7.3 of the Agreement does not cover the amount of compensation for damage provided for in clause 11.1 hereof.

  

	10.8.	 Any termination of this Agreement shall not limit any right to litigation by the Lessor in respect of any prior
violations (including, inter alia, the violation which led to termination of this Agreement in accordance with Clause 10.6 hereof). 

  

	10.9.	 With respect to everything else not stipulated by this Agreement, the Parties shall be liable for non-performance and/or improper performance of their obligations hereunder pursuant to the laws of the Russian Federation. 

  

	10.10.	 Managing Company A-Class Capital Limited Liability Company exercises
its rights and obligations and bears responsibility as a trustee of a mutual fund in accordance with the legislation of the Russian Federation, in particular with Federal Law of the Russian Federation No.
156-FZ dated November 29, 2001 “On Investment Funds”. The penalty and compensation for damages arising as a result of failure to fulfill obligations under contracts executed by the management
company as a trustee of a mutual investment fund or the assets of a joint-stock investment fund shall be paid at the expense of the management company’s own property. 

 

	10.11.	 In the event that the person acting on the Lessor’s Side as of the date of this Agreement remains the
Lessor on the date of termination hereof due to circumstances depending on the Lessee, or on the date of non-execution of the Supplementary Agreement due to circumstances depending on the Lessee, the Lessee
shall pay the Lessor a offset penalty , which is calculated as the product of RUB three hundred million (300,000,000) by the ratio of the difference between the duration of the originally agreed Lease Period in months and the actual lease period in
months to the duration of the originally agreed Lease Period in months only if the Agreement is terminated due to circumstances, depending on the Lessee, or the Supplementary Agreement will not be executed due to circumstances that depend on the
Lessee. 

 The Parties confirm that the amount of the specified offset penalty is not a disproportionate violation and does
not entail the Lessor receiving unreasonable benefits, but is calculated taking into account, inter alia, the Lessor’s investments in the implementation of the project, including the Lessee’s requirements, and the costs that the Lessor
will incur in this regard and other possible Lessor’s expenses aimed at restoring its rights and legitimate interests in case of violation by the Lessee of its obligations under the Agreement. 

  

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 In the event that the person acting on the Lessor’s Side as of the date of this
Agreement, disposes of the Warehouse Building before the date of termination hereof due to circumstances depending on the Lessee, or until the date when Supplementary Agreement should have been executed, but was not executed due to circumstances
depending on the Lessee, the Lessee shall not be obliged to pay such a penalty in whole or in part. 
  

	10.12.	 The Lessee may unilaterally terminate this Agreement (avoid the agreement on the basis of Clause 2 of Article
450.1 of the Civil Code of the Russian Federation) by sending a written notice to the Lessor ten (10) business days before the date of expected termination in the following cases: 

 

	 	10.12.1.	 The Lessor did not provide the Lessee with access according to any of the Access Certificates for the Premises
in accordance with Clause 3.1 of the Agreement, and the delay exceeded ninety (90) calendar days (according to any of the Access Certificates); 

  

	 	10.12.2.	 The Lessor unlawfully suspended or postponed the Lessee’s Works during the period from the date of access
under Access Certificate 1 for a period of more than ninety (90) days in aggregate for the period of Access (in accordance with Clause 3.1 hereof) in violation of subclause 3.3.4 hereof; 

 

	 	10.12.3.	 The Lessor did not provide the Lessee with the Premises for Lease until January 1, 2021 under the
Acceptance Certificate and/or the Lessor did not receive permission to commission the Warehouse Building, of which the Premises are a part, until January 1, 2021, not due to omission of public authorities or a failure in the work of state
information systems; 

  

	 	10.12.4.	 The Warehouse Building was recognized as an object of unauthorized construction, which was confirmed by a court
decision that entered into force; 

  

	 	10.12.5.	 In relation to the Lessor (in the event of a change in the person acting on the Lessor’s side as of the
date of termination of the Agreement due to the specified circumstance), any bankruptcy proceedings were initiated and were not terminated within three (3) months from the date of initiation of proceedings (except for the termination of
proceedings due to the lack of funds sufficient to reimburse court costs for the procedures used in the bankruptcy case, including the costs of paying remuneration to the bankruptcy commissioner); or a liquidation procedure has been initiated
against the Lessor; If, at the time of termination of the Agreement, the Lessor continues to act as the person who was the Lessor on the date of the execution of the Agreement, or another trustee of the mutual investment fund, subparagraph 10.12.6
hereof the shall apply; 

  

	 	10.12.6.	 The liquidation procedure has been initiated against the Lessor in particular, if the person acting on the
Lessor’s Side as of the date of this Agreement remains the Lessor, or another trustee of the mutual investment fund on the date of termination of the Agreement due to the specified circumstance acts as the Lessor; 

 

	 	10.12.7.	 Enforcement proceedings have been initiated against the Lessor, within the framework of which enforcement
actions have been taken in relation to the Warehouse Building for more than three (3) months, or a collection has been levied on it. 

  

	10.13.	 The Lessee may terminate this Agreement in a judicial proceeding if the Premises may not be used in accordance
with the Permitted Use (subject to Clause 6.5 hereof) for reasons depending on the Lessor for more than fifteen (15) calendar days in a row or more than thirty (30) calendar days in aggregate for any six (6) consecutive calendar
months during the Lease Period, except for cases where elimination of the reason preventing the Lessee from the use of the Premises for objective reasons requires more time and this is agreed by the Parties. At the same time, the Parties acknowledge
and confirm that for the purposes of this Clause 10.13 

  

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hereof, the unavailability of the Premises for the Lessor (subject to Clause 6.5 hereof) shall mean: 

  

	 	10.13.1.	 failure to supply to the Premises, for reasons depending on the Lessor, electrical power and/or heat in the
amount and with the capacity provided in accordance with Appendix 1:3 hereof; 

  

	 	10.13.2.	 Unavailability of 20% or more of the Leased Area of the Premises for reasons depending on the Lessor.

 The Parties also agreed that the unavailability of the Premises in accordance with this Clause 10.13 hereof and under
Clause 6.5 hereof is a material violation of the Agreement by the Lessor and grants the Lessee the right to demand early termination of the Agreement in court, regardless of the fact that the Lessor has eliminated violations that served as grounds
for the Lessee’s appeal to a court requesting such early termination of the Agreement in accordance with this Clause 10.13 hereof. 
  

	10.14.	 In any case of early termination of the Agreement or the Lease Period The Lessee may, within three
(3) months from the date of early termination of the Agreement or the Lease Period, make arrangements for vacating the Premises, and the Lessor may not require the Lessee to completely vacate and leave the Premises before the expiration of
three (3) months from the date of early termination of the Agreement or the Lease Period, unless the condition specified in this Clause hereof below is met, in which case the extended period of vacating the Premises by the Lessee shall apply.
In any case of early termination of the Agreement or the Lease Period The Lessee may, within six (6) months from the date of early termination of the Agreement or the Lease Period, make arrangements for vacating the Premises, and the Lessor may
not require the Lessee to completely vacate and leave the Premises before the expiration of six (6) months from the date of early termination of the Agreement or the Lease Period only and exclusively in case the Lessee provides the Lessor with
a security for the Lessee to fulfill its obligations under the Agreement in the form of an independent (bank) guarantee or a Security Deposit Payment in the amount of the Lease Payment for nine (9) months before the date of early termination of
the Agreement or the Lease Period. For the entire period of use of the Premises by the Lessee before vacating the Premises in accordance with this Clause, the Lessee shall pay the Lease Payment to the Lessor, except in cases of termination of the
Agreement due to circumstances depending on the Lessor. In such cases, the Lessee shall pay to the Lessor the Lease Payment, reduced by fifty percent (50%). 

  

	11.	 RETURN OF THE PREMISES 

 

	11.1.	 On the last day of the Lease Period or, in case of termination in accordance with Clause 10.14 hereof, on the
relevant date the Lessee shall: 

  

	 	11.1.1.	 return the Premises to the Lessor (including all engineering systems with installed terminal equipment, except
for the equipment owned by the Lessee), at that the Premises shall be clean and not require repair (taking into account normal wear and tear), and in accordance with other obligations of the Lessee under this Agreement. 

 

	 	11.1.2.	 at the request of the Lessor, remove all permanent improvements and any other changes and improvements (the
consent to which was provided by the Lessor, subject to their removal by the Lessee at the end of the Lease Period) made during the period of use of the Premises by the Lessee, and bring the part of the Premises affected as a result of the removal
of such improvements, in a state not worse than the initial one; 

  

	 	11.1.3.	 remove all sign boards, all property of the Lessee, including furniture and other objects from the Premises,
vacate parking slots and eliminate in full any damage caused by this in a manner satisfactory to the Lessor; 

  

/signature/    31 

	 	11.1.4.	 replace any damaged and/or lost property of the Lessor with similar property that is not inferior to it in
quality or compensate for the costs previously agreed upon by the Parties for this. 

  

	11.2.	 In case the Lessee does not properly fulfill its obligations under Clause 11.1 hereof, the Lessee shall at the
request of the Lessor pay the latter: 

  

	 	11.2.1.	 a documented and justified amount of expenses incurred by the Lessor when correcting or eliminating violations;

  

	 	11.2.2.	 Basic Lease Payment, Operating Expenses and Parking Fees (calculated at rates in force prior to the expiration
of the Lease Period or termination of the Agreement) for each day of delay in returning the Premises or for a period reasonably necessary to remedy violations; 

 

	 	11.2.3.	 and also the penalty in the sum of daily Basic Lease Payment, Operating Expenses and Parking Fees (calculated
at rates in force prior to the expiration of the Lease Period or termination of the Agreement) for each day of delay in returning the Premises or for a period reasonably necessary to remedy violations. 

 

	11.3.	 The document confirming proper performance by the Lessee of its obligation to return the Premises shall be the
certificate on the Premises acceptance (return) (hereinafter — the Premises Return Certificate) signed by the Lessor and the Lessee on the end date of the Lease Period. If the Lessor does not declare a reasoned refusal to sign the
Premises Return Certificate within ten (10) business days upon receipt of the Premises Return Certificate by the Lessor, the Premises Return Certificate shall be deemed to be duly signed. 

 

	11.4.	 The Lessee may not demand from the Lessor the payment of the cost of any alterations or permanent improvements
made by the Lessee in the Premises, upon vacating the Premises or in other cases, unless otherwise additionally agreed by the Parties in writing. 

  

	12.	 FORCE MAJEURE 

 

	12.1.	 Each of the Parties shall be released from liability for full or partial
non-discharge of its obligations under this Agreement in case such non-discharge has been caused by Force Majeure Events having occurred after making this Agreement. The
release of liability refers only to the obligations whose duly performance has become impossible due to such Force Majeure Events and only for the duration period of the Force Majeure Events. 

 

	12.2.	 A Party that refers to force majeure events shall immediately after occurrence of such events notify the other
Party of them in writing. 

  

	12.3.	 In case the Force Majeure Events last for more than three (3) months or there are reasonable grounds to
suppose that the Force Majeure Events will last for more than three (3) months and in case the Force Majeure Event is issuing a regulatory act of the Russian Federation making performance of this Agreement impossible, the Parties undertake to
start negotiations and introduce into the Agreement the changes required for the Parties to continue discharge of the obligations under this Agreement in the way closest to the initial intentions of the Parties. 

 

	13.	 NOTICES 

  

	13.1.	 Any notices and other types of correspondence required or permitted hereunder (hereinafter — the
“Notice”) shall be drawn up in writing, signed by the sending Party or a person duly authorized by it, and either delivered personally or sent by registered letter with an inventory attachments and acknowledgement of receipt or by
courier service with acknowledgement of receipt at the following addresses of the Parties (which may be changed to other address by sending a notice in accordance with this Clause of the Agreement by the Party whose address is changing to the other
Party): 

  

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	13.2.	 The Parties’ mailing addresses: 

 

			
	The Lessor:	  	The Lessee:
		
	Managing Company A-Class Capital (Fiduciary Manager of Combined Closed-End Investment Fund PNK Development)	  	Internet Solutions Limited Liability Company
		
	Mailing address:	  	Mailing address:
		
	 PO Box 283, 22, building 2, Kutuzovskiy

Prospect, Moscow, 121151
	  	 10, Premise I, Floor 41, Office 6,
 Presnenskaya
Naberezhnaya, Moscow,
 123112

		
	Attention:	  	Attention:
		
	Director	  	General Director

  

	13.3.	 For the avoidance of doubt, the Notice entails legally significant consequences (in the meaning of Article
165.1 of the Civil Code of the Russian Federation) from the date of its personal delivery (in case of transfer to an authorized employee of the Party or a person authorized to act on behalf of the Party under a power of attorney or other authorizing
document, the sufficient confirmation of delivery are as follows: the signature of the authorized person who received the document and an indication of the official position of this person or an indication of the details of the authorizing document
and the date of receipt), or in case the Notice is sent by mail or by courier service, from the delivery date that is indicated on the acknowledgement of receipt. 

 

	13.4.	 The parties are also deemed to have received the Notice in due course if: 

 

	 	13.4.1.	 the addressee refused to receive the Notice, and this refusal was recorded by the postal service organization
or courier service; or 

  

	 	13.4.2.	 The Notice was not delivered due to the absence of the addressee at the specified address, and the postal
service or courier service has notified the sender of Notice of the fact. 

  

	13.5.	 If the Party’s address for correspondence and/or other details have changed, the Party shall promptly
notify the other Party thereof, given that the new address for correspondence may only be an address in Moscow or Moscow Region. 

  

	14.	 LIMITATIONS ON THE LESSOR’S LIABILITY 

 

	14.1.	 The Lessor shall not be liable to the Lessee for: 

 

	 	14.1.1.	 losses, obstructions to work or hindrances arising from the Lessee in the course of the Lessor’s (or any
person on its behalf) repair work and other construction work, capital and otherwise 

  

	 	14.1.1.1.	 in the Warehouse Building or any part thereof (provided that the Lessee is notified of such work ten
(10) business days prior to their commencement and subject to clause 6.5 hereof); and/or 

  

	 	14.1.1.2.	 in the Complex (including Common Areas) 

  

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 and in any case, without prejudice to the Lessee’s interests in terms of using the
Premises in accordance with the Permitted Use; 
  

	 	14.1.2.	 for any losses, damage, obstruction for work or interference incurred by the Lessee in the course of any repair
and other engineering and construction work on the Utilities by the utility supplier (or by any person on its behalf), provided that the need for such work did not arise due to circumstances beyond the control of the Lessor; 

 

	 	14.1.3.	 for or in connection with events that occurred as a result of any accident, damage or obstruction (hindrance)
to work that may be caused to the Lessee, his employees or contractors, as a result of any actions or breaches of obligations by any other lessees of the premises of the Complex or his employees or contractors; 

 

	 	14.1.4.	 for any loss or damage caused to vehicles, goods or property, or harm caused to the life or health of
individuals which are related to the use of the parking lot not due to circumstances controlled by the Lessor. 

  

	14.2.	 The Lessor shall be liable to the Lessee for failure to provide any services under the Operational Maintenance
only in case the Lessor has not made reasonable efforts to provide them. In particular, the Lessor shall not be liable to the Lessee for failure to provide or delay in providing services within the framework of the Operational Maintenance in all
cases when it is caused by (a) Force majeure; (b) in cases where this was the result of default by the utility providers; or (c) in cases where it was the result of repair or other works in the Warehouse Building or the Complex, or
occurred as a result of acts or omissions of the Lessee. 

  

	14.3.	 Notwithstanding the provisions of other Articles hereof, the Lessor’s liability for damages shall be
limited solely to real damage, while the aggregate amount of the Lessor’s liability for reimbursing the Lessee’s losses in connection with all violations hereof by the Lessor shall be limited to the amount of the Basic Lease Payment for
three (3) months of the Lease Period (at the rates specified in subparagraph 5.1.1 hereof), except for the liability of the Lessor provided for in Clauses 8.8 and 10.1-10.5 hereof, to which the limitation
on the Lessor’s liability does not apply. In case of conflict of this Clause 14.3 with other provisions of this Agreement, the provisions of this Clause 14.3 shall apply. 

 

	15.	 STATE REGISTRATION OF THE LONG-TERM LEASE AGREEMENT 

 

	15.1.	 The Lessee shall provide the Lessor with all documents and information required from the Lessee in accordance
with the applicable laws for the state registration of this Agreement and Supplementary Agreement by a competent public authority within five (5) business days from the date of signing the Supplementary Agreement by the Parties.

  

	15.2.	 The Lessor shall ensure submission of the Agreement and Supplementary Agreement for state registration within
five (5) business days from the date of signing the Supplementary Agreement by the Parties and submission of the documents by the Lessee in accordance with Clause 15.1 hereof. The Lessor shall pay the cost of the state fee for the state
registration of the Agreement and Supplementary Agreement. 

  

	15.3.	 If any additional documents or information are requested by the competent public authority for the purpose of
the state registration of the Agreement and Supplementary Agreement, or if amendments and/or supplements hereto are required, the respective Party undertakes to provide copies of all documents and/or information requested by such public authority,
and the Parties, if necessary, undertake to make the required amendments and supplements to the Agreement. 

  

	15.4.	 Upon expiry of the Lease Period and in case of early termination hereof, the Lessee shall provide the Lessor
with all documents and information necessary for the state registration of termination of the Agreement by the competent public authority. 

  

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	16.	 CONFIDENTIALITY 

 

	16.1.	 Each of the Parties agrees not to use for any purposes not related to performance of this Agreement and not to
disclose to third parties (except as provided for by Clause 16.2 of the Agreement) any terms and conditions hereof or any other documents related to them without a prior written consent of the other Party. 

 

	16.2.	 The limitations set in Clause 16.1 of the Agreement do not refer to disclosing any information:

  

	 	16.2.1.	 if such information shall be disclosed according to the applicable laws; 

 

	 	16.2.2.	 upon request of any other competent authority/organization to the extent that is required according to the
applicable Russian laws; 

  

	 	16.2.3.	 to professional consultants or auditors of the Party; or 

 

	 	16.2.4.	 (only in case of the Lessor) when it is necessary to confirm the Lessor’s ownership and/or encumbrances
and/or other rights in relation to any part of the Warehouse Building and/or Premises or other buildings on the Land Plot (to buyers, creditors, competent authorities, or other persons) 

 

	 	16.2.5.	 if such information is provided in the form of an extract drawn up in the form previously agreed upon by the
Parties, which does not contain the terms of the Agreement on the Parties’ financial obligations, the Parties’ liability for non-performance or improper performance of obligations hereunder.

  

	17.	 APPLICABLE LAW AND DISPUTE RESOLUTION 

 

	17.1.	 The Agreement shall be regulated by the Laws of the Russian Federation. 

 

	17.2.	 All disputes, disagreements or claims arising out of or in connection with this Agreement shall be settled as
far as possible by negotiation. Disputes arising out of legal relations hereunder may be submitted to the arbitration court for resolution only after the Parties have taken measures for mandatory pre-trial
dispute resolution by negotiation within fifteen (15) business days from the date of delivery of the relevant claim to the Party to which it was addressed. 

 

	17.3.	 If any dispute is not resolved in accordance within fifteen (15) business days from the date of delivery
of the relevant claim to the Party to which it was addressed, any dispute arising out of the Agreement or related to it shall be resolved in the Arbitrazh (Commercial) Court of Moscow, unless otherwise agreed in the course of negotiations.

  

	18.	 MISCELLANEOUS 

 

	18.1.	 Without prejudice to other rights of the Lessor under this Agreement, the Lessor shall be entitled to legal
protection against any violations of the Lessee’s obligations, which may be eliminated by the Lessor after the expiration of the period allotted to the Lessee for the elimination of the violation on their own, while reasonable and documented
expenses incurred by the Lessor in connection with such actions shall be reimbursed by the Lessee at the request of the Lessor. 

  

	18.2.	 The Lessor gives the Lessee the following representations about the circumstances that are essential for the
execution of the Agreement, its execution or termination, namely: 

  

	 	•	 	 the real estate object, of which the Premises are a part, was erected (built/reconstructed) in accordance with
all the requirements of the current law, in particular, not limited to the requirements of urban planning documents, territorial zoning, territorial planning, with the receipt of all the necessary initial permits, design, working, executive
documentation, etc., and it is not an object of unauthorized construction, is not located in security, protective or other zones limiting its use as intended and/or in accordance with the Permitted Use; 

  

/signature/    35 

	 	•	 	 The Lessor has obtained all necessary consents, permits and approvals, including those of the Specialized
Depositary and the Investment Committee (if required by the FM Regulations); 

  

	 	•	 	 the consent of the antimonopoly authority for the transaction in accordance with Federal Law No. 135-FZ “On Protection of Competition” dated July 26, 2006 and other regulations is not required; 

  

	 	•	 	 Managing Company A-Class Capital has no evidence of insolvency,
bankruptcy, there are no bases to believe that such evidence may arise; 

  

	 	•	 	 Managing Company A-Class Capital’s license for trust management of
mutual investment funds was not revoked; 

  

	 	•	 	 The Lessor pays all mandatory payments, taxes, fees, has no overdue debts; 

 

	 	•	 	 There are no claims against the Lessor threatening that the Buyer will be forced to cease operations, the Lessor
does not expect the limitation of its rights to the Premises or the encumbrance of the Premises with the rights of third parties by a court decision; 

The representations provided by the Lessor are of material importance to the other Lessee, the Lessee enters into the Agreement relying on the
validity of the representations given by the Lessor. 
  

	18.3.	 In interpreting this Agreement, it shall be taken into account that: 

 

	 	18.3.1.	 any obligation of the Lessee not to commit any action includes an obligation not to allow commission of such
action; 

  

	 	18.3.2.	 if the Lessor’s approval or consent is required, it shall be deemed to be valid only if made in writing,
the consent or approval obtained may not be subsequently revoked; 

  

	 	18.3.3.	 references to the Lessee’s actions or violation of obligations by the Lessee include actions or omissions,
or violation of obligations, or unfair performance of obligations by the sublessee or any person located in the Premises with the permission of the Lessee or the sublessee; 

 

	 	18.3.4.	 “days” means calendar days unless otherwise expressly stated; 

 

	 	18.3.5.	 “business days” means normal business days in the Russian Federation, excluding weekends and
holidays, and for the purposes of settlements of the Parties under the Agreement, “business days” shall also include banking days; 

  

	 	18.3.6.	 the words “including”, “include”, “inter alia” are considered without limitation
of interpretation to those listed; 

  

	 	18.3.7.	 the headings of clauses and Appendices of this Agreement are given for convenience only and shall not be used
to interpret the contents of the Agreement; 

  

	 	18.3.8.	 unless the context indicates otherwise, any reference to the clause or Appendix means a reference to the
relevant Clause or Appendix of this Agreement; 

  

	 	18.3.9.	 references to “expenses” include any losses, damage and properly incurred expenses and costs, but do
not include loss of profit; 

  

	 	18.3.10.	 any Lessor’s right of access or entry to the Premises shall apply to all persons duly authorized by the
Lessor; 

  

	 	18.3.11.	 references to Russian rubles means the legal currency of the Russian Federation at the appropriate time.

  

	18.4.	 Unless otherwise expressly stated herein, each Party shall perform its obligations at its own expense.

  

/signature/    36 

	18.5.	 If any provision of this Agreement is declared by a court ruling or otherwise invalid, unlawful or
unenforceable for any reason, it shall not affect the remaining provisions hereof. The Parties shall make the necessary amendments to the provisions hereof which are invalid, unlawful or unenforceable in such a way that they become valid, legal and
enforceable, or replace such provisions with valid, legal and enforceable ones that shall have an economic effect as close as possible to the original intention of the Parties without changing any material provisions hereof. 

 

	18.6.	 A material change in the circumstances from which the Parties proceeded at the conclusion of this Agreement (as
defined in Article 451 of the Civil Code of the Russian Federation) shall not constitute the ground for modification or termination of this Agreement by either Party. 

 

	18.7.	 The Lessee confirms that at the time of the execution hereof it is not the owner of investment shares of the
Combined Closed-End Investment Fund PNK Development, and guarantees that until the full execution of this Agreement it will not acquire investment shares of the Combined
Closed-End Investment Fund PNK Development. 

  

	18.8.	 After signing the Agreement all the previous correspondence and agreements of the Parties shall become void.

  

	18.9.	 This Lease Agreement is signed in three (3) copies of equal legal force, one (1) copy for each of the
Parties and one (1) copy for the competent public authority performing state registration hereof. 

  

	18.10.	 The Agreement has been drawn up and is subject to interpretation and regulation in accordance with the
applicable Russian laws. 

  

	18.11.	 The Agreement contains the following Appendices forming an integral part hereof: 

 

			
	Appendix 1:0.	  	A copy of the Technical Plan of the Warehouse Building;
		
	Appendix 1:1.	  	Plan of the Complex and Parking (General Layout Scheme);
		
	Appendix 1:2.	  	Architectural and Planning Concept;
		
	Appendix 1:3.	  	Technical Specification;
		
	Appendix 2.	  	Premises Area Measurements;
		
	Appendix 3.	  	Insurance;
		
	Appendix 4.	  	Operating Expenses:
		
	Appendix 5.	  	Lessee’s Works;
		
	Appendix 6:1.	  	Access Certificate form;
		
	Appendix 6:2.	  	Acceptance Certificate for the Premises Form;
		
	Appendix 6:3.	  	Supplementary Agreement form;
		
	Appendix 7.	  	Variable Part of the Lease Payment;
		
	Appendix 8.	  	Security, Bank Guarantee. Security Payment;
		
	Appendix 9.	  	Complex Rules;
		
	Appendix 10.	  	Certificate of Delineation of Operational Responsibility;
		
	Appendix 11.	  	Construction Readiness of Premises for the Execution of Access Certificates;

  

/signature/    37 

			
	Appendix 12.	  	Major Defects of the Premises, Impeding the Execution of the Acceptance Certificate for the Premises for Lease;
		
	Appendix 13.	  	Parties Cooperation Plan;
		
	Appendix 14.	  	Areas of Access to the Premises.

  

	19.	 LEGAL ADDRESSES, BANK DETAILS AND SIGNATURES OF THE PARTIES 

 

			
	The Lessor:	  	The Lessee:
		
	Managing Company A-Class Capital (Fiduciary Manager of Combined Closed-End Investment Fund PNK Development)	  	Internet Solutions Limited Liability Company
		
	Address:	  	Address:
		
	PO Box 283, 22, building 2, Kutuzovskiy Prospect, Moscow, 121151	  	10, Premise I, Floor 41, Office 6, Presnenskaya Naberezhnaya, Moscow, 123112
		
	Bank details:	  	Bank details:
		
	...	  	...
		
	Attorney in Fact:	  	General Director:
		
	/signature/: E.V. Vyun	  	/signature/: A.A. Shulgin
		
	/Seal/: Managing Company A-Class Capital	  	/Seal/: Internet Solutions Limited Liability Company, Reg. No. 103588

  

/signature/    38 

 October 8, 2020 

Managing Company A-Class Capital 

(Fiduciary Manager of Combined Closed-End Investment Fund PNK Development) 

and 
 Internet Solutions
Limited Liability Company 
 SUPPLEMENTARY AGREEMENT No. 1 

TO LONG-TERM LEASE AGREEMENT NO. IR-14688/20 DATED APRIL 29, 2020 

Moscow 

	(1)	 Managing Company A-Class Capital (Fiduciary Manager of Combined Closed-End Investment Fund PNK Development), a legal entity founded and existing under the laws of the Russian Federation, registered with Interdistrict Inspectorate of the Federal Tax Service No. 46 for
Moscow on December 09, 2010 under OGRN 1177746042836, INN 7703422263, KPP 770301001, having a license for management of investment funds, mutual investment funds and private pension funds No. 21-000-1-01006 dated June 09, 2017, issued by the Central Bank of the Russian Federation on June 09, 2017, located at 6 bldg 2, Floor 19, premise I, Office 7,
Presnenskaya Naberezhnaya, Moscow, 123112, represented by Roman Flaritovich Shaynurov, acting under Power of Attorney no. 77 AG 3415766 dated June 23, 2020, certified by A.Ye. Yakubovsky, temporarily acting as Notary Public of Moscow V.O.
Baklanova, entered in the registry under No. 77/714-n/77-2020-1 -671 (hereinafter
referred to as the “Lessor”), on the one part, and 

  

	(2)	 Internet Solutions Limited Liability Company, a legal entity founded and existing under the laws
of the Russian Federation, registered with Interdistrict Inspectorate of the Federal Tax Service No. 46 for Moscow on January 01, 2008 under OGRN 1027739244741, INN 7704217370, KPP 770301001, located at 10, premise I, Floor 41, Office 6,
Presnenskaya Naberezhnaya, Moscow, 123112, represented by Alexander Vladimirovich Geil (Russian passport series 65 04 No. 594045 issued on September 25, 2003 by Berezovsky Municipal Internal Affairs Department for the Sverdlovsk Region,
unit code 662-017, registered at 16, Apt 252, Gagarina Str., Berezovsky, Sverdlovsk Region), acting under Power of Attorney No. 77 AG 4342333 dated June 17, 2020, certified by Yuliya Vladimirovna
Krylova, Notary Public of Moscow, entered in the registry under
No.77/719-n/77-2020-1-1182 (hereinafter referred to as the Lessee), on the other
part, 

 hereinafter collectively referred to as the “Parties” and individually — as a
“Party”, taking into account that: 
  

	 	•	 	 The Parties have executed this long-term lease agreement for lease of a warehouse building located on a land plot
at Tolmachevsky Village Council Municipality, Novosibirsk District, Novosibirsk Region; the land plot is located in the central part of cadastral block 54:19:034102 No. IR-14688/20 dated April 29, 2020
(hereinafter referred to as the “Agreement”); 

  

	 	•	 	 Pursuant to Clause 3.1 of the Agreement, the Parties signed Access Certificate No. 1 dated June 09, 2020,
Access Certificate No. 2 dated June 30, 2020, Access Certificate No. 3 dated July 02, 2020, Access Certificate No. 4 dated August 01, 2020 and Access Certificate No. 5 dated August 15, 2020 (hereinafter collectively
referred to as “Access Certificates”), according to which the Lessor granted the Lessee with access to the respective areas of premises for performance by the Lessee of the Lessee’s Works; 

 

	 	•	 	 Pursuant to Clause 3.4 of the Agreement, starting from the date of signing of the first Access Certificate, the
Lessee shall pay to the Lessor the Operating Expenses to be paid by the Lessee to the Lessor in the amount stipulated as per subclause 5.1.3 of the Agreement, as well as expenses equal to the Variable Part of the Lease Payment in accordance with the
procedure determined in subclause 3.4.2 of the Agreement; 

  

	 	•	 	 The Lessee intends to commence actual performance of the Lessee’s Works in the areas made available to it
under Access Certificates from August 1, 2020; 

 The Parties have hereby executed Supplementary Agreement No. I
(hereinafter referred to as the “Supplementary Agreement”) to the Agreement as to the following: 

  
     2

 1.    SUBJECT MATTER OF THE SUPPLEMENTARY AGREEMENT 

 

	1.1.	 The Parties have agreed to amend the Agreement as follows: 

 

	 	1.1.1.	 Amend Clause 3.4 of the Agreement to read as follows: 

 

	 	“3.4.	 From August 1, 2020 and to the Starting Date of the Lease Period, the Lessee shall pay/compensate to the
Lessor the following expenses in respect of the Premises:”. 

  

	 	1.1.2.	 Amend subclause 3.4.1 of the Agreement to read as follows: 

“3.4.1. Operating expenses to be paid by the Lessee to the Lessor in the amount determined as per subclause 5.1.3 of the Agreement on a
monthly basis not later than the first business day of the month, for which the payment is effected. In this regard, the Parties agree that payment of Operating Expenses for August and September of 2020 shall be effected by the Lessee within five
(5) business days of the date of signing by the Parties of the Supplementary Agreement and the Acceptance Certificate (for the Premises);”. 
  

	 	1.1.3.	 Amend paragraph 4, subclause 3.4.2.1 of the Agreement to read as follows: 

“The meter readings shall be taken by the Lessor on the 1st day of each month of
access, starting from August 01, 2020. The Lessee may be present during taking the meter readings, and raise objections. During the Access Period, starting from August 01, 2020, the meter readings shall be reduced by the calculated amount of
resources and power consumed by persons engaged by the Lessor to perform the Lessor’s Works. The Parties agreed that the amount of resources and power consumed by the persons engaged by the lessor to perform the Lessor’s Works, unless
otherwise is proved, accounts for fifty percent (50%) of the total consumption of resources and power at the Premises during the access period.”. 
  

	 	1.1.4.	 Amend subclause 3.4.2.2 of the Agreement to read as follows: 

 

	 	“3.4.2.2	 The Variable Part of the Lease Payment for August 2020 in the amount of RUB seventy-eight thousand seven
hundred forty-eight and seventy-six kopecks (78,748.76) including VAT shall be paid by the Lessee to the Lessor within five (5) business days of the date of signing by the Parties of the Supplementary
Agreement and the Acceptance Certificate (for the Premises). During the first two (2) months of the access date, starting from August 1, 2020, the estimated value of RUB twenty (20) per one (1) sq.m. of the Leased Area of the
Premises, excluding VAT (based on which 80% of the advance payment of the Variable Part of the Lease Payment is calculated) is used in calculation of the advance payment instead of the data specified in subclause 3.4.2.1.”.

 2.    MISCELLANEOUS 

 

	2.1.	 Unless otherwise expressly provided by this Supplementary Agreement, all the capitalized terms used in this
Supplementary Agreement have the meanings assigned to such terms in the Agreement. 

  

	2.2.	 The remaining conditions of the Agreement, not covered by this Supplementary Agreement, shall remain unchanged,
and the Parties acknowledge their obligations thereunder. 

  

	2.3.	 In all other matters not stipulated in this Supplementary Agreement, the Parties shall be governed by the
provisions of the Agreement and the laws of the Russian Federation. 

  

    3 

	2.4.	 This Supplementary Agreement shall come into force from the moment of its signing by authorized representatives
of the Parties and form an integral part of the Agreement; and the Parties additionally agreed that, in accordance with Article 425 (2) of the Civil Code of the Russian Federation, the conditions of this Supplementary Agreement shall apply to the
relations between the Parties, arising from April 29, 2020. 

  

	2.5.	 This Supplementary Agreement shall be filed for state registration by the Parties simultaneously with filing of
the Agreement for state registration. 

  

	2.6.	 This Supplementary Agreement is executed in three (3) identical and equally valid copies, one
(1) copy for each of the Parties and one for the registration authority. 

 3.    ADDRESSES,
BANK DETAILS AND SIGNATURES OF THE PARTIES 
  

			
	The Lessor:	  	The Lessee:
		
	 Managing Company A-Class Capital (Fiduciary

Manager of Combined Closed-End Investment

Fund PNK Development)
	  	Internet Solutions Limited Liability Company
		
	Address:	  	Address:
		
	 6 bldg 2, Premise I, Floor 19, Office 7,

Presnenskaya Naberezhnaya, Moscow, 123112
	  	 10, Premise I, Floor 41, Office 6, Presnenskaya

Naberezhnaya, Moscow, 123112

		
	Bank details:	  	Bank details:
		
	...	  	...
		
	 Attorney in Fact
  

/signature/ /R.F. Shaynurov/
	  	 Attorney in Fact
  

/signature/ /A.V.Geil/

		
	 /seal: Managing Company A-Class Capital INN

7703422263 OGRN 1177746042836 MOSCOW/
	  	 /Seal: Internet Solutions Limited Liability

Company, Reg. No. 103588, Moscow/

  
 4

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