Document:

EX-10.21

 Exhibit 10.21 

August 4, 2020 

Internet Logistics Limited Liability Company 

and 
 Internet Solutions
Limited Liability Company 
 LONG-TERM LEASE AGREEMENT 

FOR BUILDINGS, FACILITIES AND STRUCTURES 

located at: Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial
area, complex 1 A 
 /seal: Department of the Federal Service 

for State Registration, Cadastre and Cartography 

for the Tver Region 
  

					
		 	      Number
                                         
       69                                	 	
			
		 	      /illegible/ registration
                                    lease agreement	 	
			
		 	      /illegible/                 July 13,
2020                                         
   	 	
			
		 	      /illegible/
                09.10.0000025.1306-69107512020-7      	 	
			
		 	      /illegible/
                                        
Balakov A.Y.                    	 	
			
		 	                                      
                                        (Full
name)/	 	

 /seal: MINISTRY OF ECONOMIC DEVELOPMENT OF THE RUSSIAN FEDERATION 

FEDERAL SERVICE FOR STATE REGISTRATION, CADASTRE AND CARTOGRAPHY 

DEPARTMENT OF THE FEDERAL SERVICE FOR STATE REGISTRATION, CADASTRE AND CARTOGRAPHY FOR THE TVER REGION 

(DEPARTMENT OF ROSREESTR FOR THE TVER REGION) * OGRN * 048900099828 * 15 * 

INN 5901067121 
 Moscow

 This Long-Term Lease Agreement was made on August 4, 2020 in the city of Moscow, Russian
Federation, by and between: 
 (1)    Internet Logistics Limited Liability Company, a legal entity incorporated and
existing in accordance with the laws of the Russian Federation, registered by Interdistrict Inspectorate No. 12 of the Federal Tax Service for the Tver Region on December 27, 2007 with the Primary State Registration Number (OGRN)
1076949002261, INN 6949003359, KPP 694901001, with its registered office located at: 170540, Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial area, complex 1 A,
represented by General Director Petrov Andrey Igorevich, acting under the Articles of Association, (hereinafter - the Lessor), for 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 24, 2002 with the Primary State Registration Number (OGRN) 1027739244741, INN 7704217370, KPP 770301001, with its
registered office located at: 123112, Moscow, Presnenskaya nab., 10, Premises i, Floor 41, Room 6, represented by Geil Alexander Vladimirovich, acting under Power of Attorney 77 AG 4342333 dated June 17, 2020, certified by Moscow Notary Yu.V.
Krylova, Protocol No. 77/719-n/77-2020-1-1182, (hereinafter - the Lessee),
for the other part, hereinafter collectively referred to as the Parties, and individually as the Party, as follows: 
  

	1.	 GLOSSARY 

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

Facility Acceptance Certificate means the acceptance certificate to be signed by the Parties in relation to the Facility on the date of this Agreement
execution and which is given in Appendix No. 2 (Clause 19.8.2) to the Lease Agreement; 
 Lease Payment means the payment for temporary
possession and use of the Facility and includes the amount of all payments specified in Clause 7.1 hereof to be paid in accordance with the provisions of this Lease Agreement; 

Certificate of Delineation of Operational Responsibilities means a document which determines delineation of responsibilities and obligations of the
Parties regarding repair, maintenance and management of the Facility (including the Utilities) and which is given in Appendix No. 3 to the Lease Agreement (Clause 19.8.3); 

Basic Lease Payment means the basic lease payment being part of the Lease Payment payable by the Lessee and specified in Clause 7.1.1 hereof; 

Bank Guarantee means an irrevocable bank guarantee in the amount specified in Clause 7.14 hereof, which is a method of securing performance of the
Lessee’s obligations hereunder; 
 BTI (Bureau of Technical Inventory) means a technical inventory and technical management authority that keeps
technical record of immovable property at the location of the Facility and/or Cadastral Engineer; 

  
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 Public Authority means legislative, executive, judicial or other authorities, as well as any
officials authorized by them; 
 Starting Date of the Lease Period means the date specified in the Facility Acceptance Certificate, and the Lessee
shall start paying the Lease Payment since such date; 
 Agreement means this Lease Agreement, including all appendices hereto, and supplementary
agreements hereto (if any); Additional Lease Payment means additional payments payable by the Lessee to the Lessor and compensating the costs of the Lessor in accordance with Clause 7.1.2 hereof. 

Additional Security Payment means a security payment that is a standalone method of securing proper performance of the Lessee’s obligations
hereunder and shall be provided in accordance with the procedure set forth in Clauses 7.14.3 and 7.14.6 hereof. 
 The Parties hereby acknowledge that the
Additional Security Payment is a standalone method of securing performance of the Lessee’s obligations hereunder and is not a deposit, borrowing, commercial loan. 

Land Plot / Land Plots means any of the following land plots owned by the Lessor: 

 

	•	 	 Land Plot with an area of 4,995 sq.m. (cad. No. 69:10:0000025:648); 

 

	•	 	 Land Plot with an area of 14,547 sq.m. (cad. No. 69:10:0000025:644); 

 

	•	 	 Land Plot with an area of 28,241 sq.m. (cad. No. 69:10:0000025:651); 

 

	•	 	 Land Plot with an area of 76,351 sq.m. (cad. No. 69:10:0000025:652); 

 

	•	 	 Land Plot with an area of 61 670 +/- 435 sq.m. (cad. No. 69:10:0000025:643). 

The Land Plots are not subject to lease hereunder, while the Lessee has the right to use these Land Plots to the extent necessary for the Permitted Use of the
Facility and Operational Maintenance of the Facility by the Lessee; 
 Utilities means any existing or future utilities for the transfer of
substances or power, as well as any equipment attached to or supplementing thereof, including, inter alia, general ventilation, air conditioning, water (hot and cold) supply and sewerage, power supply, smoke exhaust, exhaust, low current, and other
systems, cable network at the Facility, including structures, diesel-generator unit, as well as other infrastructure facilities via which substances or power are supplied or discharged, auxiliary equipment attached to or supplementing thereof; 

VAT means the value added tax stipulated by the laws of the Russian Federation. The amount of the VAT rate, as well as the monthly cost of services,
inclusive of VAT, shall be determined in accordance with the tax rate effective on the date of the services provision (on the last day of the respective month), according to Article 164, Chapter 21, of the Tax Code of the Russian Federation; 

Facility means set of all buildings, facilities, structures, and also their fixtures and equipment, owned by the Lessor and transferred in temporary
possession and use (lease) to the Lessee, more detailed description of which is given in Clause 2 hereof and in Appendix No. 1 hereto. 

  
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 Security means the Security Payment, Bank Guarantee and/or Additional Security Payment, and the
equipment pledge; 
 Security Payment means a security payment in the amount specified in Clause 7.12 hereof, which is a method of securing
performance of the Lessee’s obligations hereunder; 
 The Parties hereby acknowledge that the Security Payment is a standalone method of securing
performance of the Lessee’s obligations hereunder (as set forth in Article 381.1 of the Civil Code of the Russian Federation) and is not a deposit, borrowing, commercial loan; 

Force Majeure Event means extraordinary, unforeseen and unpredictable events as defined in Article 401, Clause 3, 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 situations as currency exchange rate fluctuations or market value declines,
shall not be Force Majeure Events. Force Majeure Events shall not include actions and omissions of federal and municipal authorities resulting from violation or non-compliance with the statutory requirements
by the Party invoking such facts; 
 Lessee’s Operational Maintenance/Facility Maintenance means a set of measures related to possession and use
of the Facility and the Land Plots for the purpose of operation thereof to be performed by the Lessee and at its own expense, subject to the provisions of this Agreement and the Certificate of Delineation of Operational Responsibilities and Expenses
of the Parties (Appendix No. 3 hereto), including inter alia: 
 A) proper operation, including maintenance of the proper temperature on the premises,
current and preventive repairs aimed at maintaining the proper condition and minimizing the need for unscheduled overhaul of the leased Facility, replacement and/or replenishment of any consumables and/or raw materials (lamps and other lighting
devices (including outdoor), reserve fuel, lubricants, reagents, biological compositions, spare parts, consumables, paints, primers, anticorrosive compositions) including, but not limited to, real estate items, fixtures, utilities thereof, street
lighting systems; 
 B) proper operation, maintenance and preventive repairs aimed at maintaining the proper condition of dock gates and other
utilities-related facilities (including fire-fighting equipment with the involvement of specialized organizations, sewage facilities, pumps, DGUs, boiler houses, gas pipelines, ventilation, cooling and others); 

C) cleaning of the Facility, as well as the Land Plots, roads, sidewalks, common areas, removal and disposal (in cases stipulated by law) of garbage, snow,
ice, residues of reagents; deicing treatment; washing of facades, windows and doors (outside and inside); maintenance of utilities in clean condition, prevention of littering; ensuring availability of all necessary documents (logs, inspection
certificates, protocols, etc.); 

  
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 D) current repair/restoration of asphalt coating, as well as removal and disposal of garbage and/or snow,
and making the related environmental payments or contributions/fees, if applicable; 
 E) mowing of grass, trimming, watering of green spaces, application
and maintenance of road markings, road signs; 
 F) repair of hard covering of the roads and parking slots in the territory of the Complex; 

G) security of the Facilities, including the perimeter thereof, as well as maintenance and repair of gates, access barriers, pass-through doors, access
control, video surveillance systems, etc.; 
 H) execution of all fire safety measures (including organization of periodic drills), 

I) implementation of anti-terrorism, sanitary, veterinary measures, bird, insects, rodent control. 

If any system, mechanism, element or activity is not expressly specified in this term, this Lease Agreement or the Certificate of Delineation of Operational
Responsibilities and Expenses of the Parties, then this does not exclude the need for operational maintenance by the Lessee at its own expense and using its own efforts; 

Lessor’s Operating Expenses means the service fee not being part of the Lease Payment payable by the Lessee and determined according to Clause 7.2
hereof; 
 Parking means a ground parking lot, the plan of which indicating the location of parking slots is indicated on the Parking Plan (as of the
date of the Agreement) given in Appendix No. 6 hereto (Clause 19.8.6), parking slots on which are provided to the Lessee for use, including for the purposes of operation and maintenance of the Facility taking into account ensuring safety of
life and health of people and property of the Lessor, in accordance with the terms hereof without unreasonable delay in granting access thereto (the Lessee reserves the right to modify the Parking Plan by notifying the Lessor in advance, provided
that such modification does not require execution of the supplementary agreement hereto); 
 Variable Part of the Lease Payment means part of the
Lease Payment payable by the Lessee and determined in accordance with the procedure set forth in Clause 7.1.3 hereof and compensating the Lessor for the cost of the Lessee’s consumed power, water supply (if applicable under the water supply
agreement), water discharge (if applicable under the waste water collection agreement), gas supply at the Facility, which shall be calculated on the basis of actual consumption measured by the respective meters installed at the Facility, as well as
the official tariffs of the respective utilities providers; 
 Utilities means: the utilities consumed by the Lessee at the Facility, to be
determined subject to the reading of the meters installed at the Facility regarding power supply, water supply (if the respective contract is signed), water discharge (if the respective contract is signed), gas supply, or (if metering devices are
not installed) in proportion to the Facility area under the tariffs established by the respective providers of the Utilities. 
 Parking Fee means
the fee for the use of parking slots, which fee is part of the Basic Lease Payment; 

  
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 Lessee’s Works means any works on finishing, improvements or additions at the Facility or parts
thereof that entail occurrence of any Permanent Improvements and that may be made by the Lessee and/or the Lessee’s contractors during the Lease Period upon prior agreement by the Parties. The result of the Lessee’s Works shall become
ownership of the Lessor, and the Lessee shall not be entitled to be reimbursed by the Lessor for the cost of such improvements. During the Lessee’s Works, Removable Improvements to the Facility may also occur; 

Permanent Improvements means improvements to and/or changes that made at the Facility or part thereof and may not be separated (dismantled) without
causing damage to the Facility or part thereof. These include (inter alia) alteration, interior partitions, changes in the wall surface elements, floor, and ceiling (suspended ceilings), installation of doors, windows, door and window fittings,
mounted ventilation equipment, fire and security alarm systems, cabling, pipelines of water supply and sewerage systems, wiring, air conditioning system (including fan coils), installation of power supply, heat supply meters. The Parties shall agree
on the composition of the Permanent Improvements prior to the Lessee’s Works commencement. 
 Dismantling by the Lessee of the Permanent Improvements
established by the Lessee shall be possible only in case of non-deformation of the appearance and functionality of the Facility or any part thereof. In case of damage to the Facility or part thereof or other
property of the Lessor as a result of dismantling of the Permanent Improvements, the Lessee shall eliminate such damage and bring the Facility or part thereof into the proper condition, allowing use of the Facility or part thereof for its functional
purpose, and shall do it within the period agreed upon by the Parties but in any case before the date of return of the Facility under the Return Certificate to the Lessor. 

The Parties confirm that the Permanent Improvements have been made in the Lessee’s interest and meet the standard of its business; 

Removable Improvements means the improvements made by Lessee that do not relate to the Permanent Improvements. Removable Improvements include, inter
alia, commercial and technological equipment. In case of damage to the Facility or part thereof or other property of the Lessor as a result of removal of the Removable Improvements from the Facility, the Lessee shall eliminate such damage within the
period agreed upon by the Parties but in any case before the date of return of the Facility under the Return Certificate to the Lessor. 
 Permitted
Use means use of the Facility and parts thereof in accordance with Clause 9.1 hereof; 
 Lease Period means the lease period specified in Clause
6.2 hereof; 
 Certificates of Insurance means certificates of insurance, obtained by the Lessor and the Lessee in discharge of their obligations
specified in Appendix No. 5 (Insurance) hereto (Clause 19.8.5). Certificate of Insurance means one of them; 
 Insurable Risks
means fire, storm, windstorm, flood, earthquake, lightning stroke, explosion, plane crash and also crash of other aircraft and objects dumped from them, disorders, civil disobedience, willful damage, failure or overflow of tanks with water or
pipelines, infliction of harm by the motor vehicle (to the extent that insurance against these risks is usually provided by insurance companies with good business reputation), and other risks against which insurance at a reasonable level may be
necessary in view of the Parties (subject to the exceptions, franchises and restrictions imposed by the insurers); Insurable Risk means one of them; 

  
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 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 hereinafter. 
  

	2.	 SUBJECT MATTER OF THE LEASE AGREEMENT 

2.1.    Subject to this Lease Agreement, the Lessor shall transfer the Facility located: Tver Region, Kalininsky District,
Burashevskoye rural settlement, Borovlevo-2 industrial area, complex No. 1 A, to the Lessee for temporary possession and use (for lease), and the Lessee shall accept it for temporary
possession and use (for lease) from the Lessor. The Facility is specified in detail in Appendices No. 1A and 1B (Clause 19.8.1) hereto. 

Extracts from the Unified State Register of Immovable Property in relation to immovable property being part of the Facility are given in Appendix No. 8
(Clause 19.8.8) hereto. The Facility is located on the Land Plots (taking into account the facts specified in Clause 3.1 hereof) owned by the Lessor. 

2.2.    The Lessee has the right to use all parking slots in the Parking indicated on the Parking Plan (Appendix No. 6 hereto
(Clause 19.8.6 hereof) or the amended parking plan. 
 2.3.    Location, purpose (including all premises in the buildings,
structures of the Facility), and description of immovable and movable property being part of the Facility are given in Appendix No. 1 hereto (Clause 19.8.1). 

The Parties confirm that the data specified in Clause 2.1 hereof allow it to identify (individualize) the Facility leased to the Lessee hereunder. 

2.4.    The Parties have agreed that for the purposes of calculating the Basic Lease Payment, the Lessor’s Operating Expenses
and the Variable Part of the Lease Payment they will not take into account the change in the area of the Facilities and other characteristics thereof in case of such changes. 

2.5.    All the Facility-related encumbrances available at the date of this Agreement are specified in Appendix No. 1B hereto
(Clause 19.8.1). The Lessee has reviewed and agrees with these encumbrances. 
  

	3.	 FACILITY TRANSFER 

3.1.    On the date of this Agreement, the Lessor shall transfer the Facility to the Lessee in a condition which it has on the date
of this Agreement, and shall do it by signing the Acceptance Certificate given in Appendix No. 2 hereto (Clause 19.8.2.). The Lessee has inspected the Facility (including the utilities, equipment, and systems) and checked it for operability,
compliance with the Lessee’s requirements, possibility and suitability for further use. The Facility has no significant deficiencies. 
 The Lessee
agrees in exercising its rights hereunder and takes into account that as of the date of this Agreement there are, and may be during the Lease Period, the following facts: 

Absence of duly executed land-use documentation for: 

 

	•	 	 Storm water sewer (c/n 69:10:0000025:1313); 

  
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	•	 	 Sanitary sewer (c/n 69:10:0000025:1314); 

 

	•	 	 Sanitary sewer (c/n 69:10:0000025:5247); 

 

	•	 	 Domestic water supply (c/n 69:10:0000025:5251); 

 

	•	 	 Fences (c/n 69:10:0000025:1302); 

Absence of the common use status regarding the roadways on the land plot (c/n 69:10:0000025:2380); 

Absence of duly executed land-use documentation for: 

 

	•	 	 Domestic water supply (c/n 69:10:0000025:1309); 

 

	•	 	 Sanitary sewer (c/n 69:10:0000025:1314); 

 

	•	 	 10 kV cable line (c/n 69:10:0000025:2134); 

 

	•	 	 Medium pressure gas pipeline (69:10:0000025:1688); 

 

	•	 	 10 kV cable line (c/n 69:10:0000025:5257); 

 

	•	 	 Pathway and roadway on the land plot (c/n 69:10:0000025:2380); 

Absence of duly executed land-use documentation for: 

 

	•	 	 Domestic water supply (c/n 69:10:0000025:1309); 

 

	•	 	 Sanitary sewer (c/n 69:10:0000025:1314); 

 

	•	 	 Medium pressure gas pipeline (69:10:0000025:1688); 

 

	•	 	 Pathway and roadway on the land plot (c/n 69:10:0000025:6496); 

Absence of location description in the Unified State Register of Immovable Property regarding: 

 

	•	 	 Checkpoint (c/n 69:10:0000025:1308); 

 

	•	 	 Gas Boiler House (c/n 69:10:0000025:1312); 

 

	•	 	 Medium pressure gas pipeline (c/n 69:10:0000025:1688); 

Absence of or improper registration of discharge point documentation for storm water sewer (c/n 69:10:0000025:5249); 

Absence of or improper operation of treatment facilities for discharge of domestic sewage into the water body, or a contract for collection of waste water
into centralized sewage system; 
 Absence of or improper execution of a water supply contract for the centralized water supply system; 

Absence of the fixed SPZ (sanitary protection zones) at the Facility, and also the fact of lack of the SPZ at other facilities from which SPZ are actually or
may be established for the Facility. 
 The above facts, unless they had been rectified and then appeared again due to the circumstances within the
Lessor’s control, may not and will not be considered by the Parties as facts having any effect on the Parties’ performance of the Lease Agreement. 

  
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 The above facts, unless they had been rectified and then appeared again due to the circumstances within the
Lessor’s control, will not be considered by the Parties as facts having any effect on the Parties’ performance of the Lease Agreement, and may not be the grounds for the Lessee’s failure to fulfill its obligations to make the Lease
Payment or to demand reduction thereof, nor may be the grounds for the Agreement termination. 
 3.2.    Prior to signing the
Acceptance Certificate, the Lessee inspected the Facility and did not reveal significant deficiencies thereof. The Facility is suitable for use under the Permitted Use. 

3.3.    The Lessee hereby confirms that all necessary documentation, including engineering documentation for the Facility
(including the utilities, equipment, systems), has been provided to the Lessee according to the checklist subject to the applicable law, which is necessary for maintenance, operation and use of the Facility, including parts thereof, under the
Permitted Use (for Intended Purpose), as well as all documentation in accordance with the applicable laws of the Russian Federation required by the Lessee and/or sublessees to obtain licenses/permits, etc. The Lessee confirms completeness of the
Lessor-provided documentation. At the end of the Lease Period, the Lessee shall return the received documentation to the Lessor. 
  

	4.	 LESSEE’S WORKS 

4.1.    The Lessee shall have the right to perform the Lessee’s Works at the Facility during the entire Lease Period in the
manner established by the Lease Agreement, at the same time the Lessee shall be responsible for the Facility preservation and undertakes to: 

4.1.1.    comply with the applicable laws of the Russian Federation, mandatory requirements of all authorities/agencies, the Lessor
regarding the Facility in terms of the Lessee’s Works and the Lessee’s area of operational responsibility and/or use thereof, and shall observe and ensure compliance with the fire safety rules; 

4.1.2.    prior to the work commencement at the Facility, 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 (if arise in the course of the Lessee’s Works) 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; 

4.1.3.    In case of performance of any Works of the Lessee, the Lessee shall obtain the consent of the Lessor (which consent shall
not be unreasonably withheld); the said consent shall be provided within a period of no less than ten (10) business days and no more than twenty (20) business days upon the date of the request, subject to the Lessee’s submission of
all necessary documentation, including, inter alia, the design documentation (except for the Lessee’s Works which performance is necessary and urgent due to threat to human life/health). The Lessor shall not be entitled to refuse coordination
of the Lessee’s Works to the Lessee if the Lessee assumed the obligation before the Lease Period expiry to return the Facility in the condition existing prior to performance of the respective Works of the Lessee. The Lessee shall legitimize the
alterations/re-equipment made by it, and shall do it using its own efforts and at its own expense (including making amendments to the data contained in the Unified State Register of Immovable Property,
arranging cadastral registration, drafting the utility line diagrams, floor plans and the legends (if applicable)), and the Lessor shall vest the Lessee with necessary authority and be ready to render other required assistance therein; 

  
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 4.1.4.    eliminate or compensate the Lessor for damage caused to the Facility
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 Facility). 

4.1.5.    if the Lessee’s Work requires special knowledge that the Lessor does not have, the Lessee shall compensate for the pre-agreed costs of review of the Lessee’s proposals regarding the Lessee’s Works, as well as for the pre-agreed costs related to the work acceptance and to
supervision over the progress thereof. 
  

	5.	 THE FACILITY MAINTENANCE/LESSEE’S OPERATIONAL MAINTENANCE 

5.1.    The Lessee shall conduct the Facility Maintenance/Lessee’s Operational Maintenance which means a set of measures
related to possession and use of the Facility and the Land Plots for the purpose of operation thereof to be performed by the Lessee and at its own expense, subject to the provisions of this Agreement and the Certificate of Delineation of Operational
Responsibilities and Expenses of the Parties (Appendix No. 3 hereto (Clause 19.8.3), including inter alia: 
 A) Independently maintain the Facility,
including electrical installations, heating, air conditioning and ventilation systems, fire-fighting equipment and fire-fighting systems, and all other utilities, devices and equipment in proper condition and in compliance with all statutory and
standard technical rules and regulations, carry out proper current repairs. 
 In such case, the Lessee shall on its own sign a contract with a specialized
company for systems and equipment maintenance. If the Lessee improperly performs the systems and equipment maintenance and does not contest thereof, the Lessor shall have the right to independently maintain these systems and equipment with charging
the documented expenses to the Lessee. 
 B) The Lessee shall (as and when needed and its own expense) conduct current repair of the Facility, and of all
equipment and utilities, to maintain the Facility in good and serviceable condition during the Lease Period, with a prior written notification of the Lessor of the expected period of work, which notification shall be done no later than 15 days
before the work commencement. Such notice shall describe the scope and methods of such works and indicate their maximum duration. Quality of design solutions, decoration, and materials used shall comply with the decoration standards. These works
shall be performed subject to the requirements of the applicable laws. 
 C) In order to perform any Works of the Lessee at the Facility, the Lessee shall
obtain the prior written consent of the Lessor (which consent shall not be unreasonably withheld), subject to the Lessee’s submission of all necessary documents in accordance with the requirements of the applicable law. The Lessee shall not be
entitled to make a claim to reduce the Lease Payment for the period of repair or finishing works. 

  
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 D) Maintain the Facility utilities clean and free of any poisonous, hazardous or harmful substances, and
correct any damage caused to the Utilities as quickly as possible to meet the Lessor’s reasonable requirements. 
 Ensure safety of the Utilities. The
Lessee shall not make any modifications to the utilities, alterations or installation of hidden and open wirings and networks at the Facility (telecommunication networks, wiring, Access Control Systems (ACS), video surveillance), which distort the
original properties and type of the Facility, without prior written consent of the Lessor (which consent shall not be unreasonably withheld), provided that the Lessee has submitted to the Lessor all necessary documents in accordance with the
requirements of the applicable laws. 
 E) Proper operation, including maintenance of the proper temperature on the premises, current and preventive repairs
aimed at maintaining the proper condition and minimizing the need for unscheduled overhaul of the leased Facility, replacement and/or modernization of any consumables and/or raw materials (lamps and other lighting devices (including outdoor),
reserve fuel, lubricants, reagents, biological compositions, spare parts, consumables, paints, primers, anticorrosive compositions) including, but not limited to, real estate items, fixtures, utilities thereof, street lighting systems; 

proper operation, maintenance and preventive repairs aimed at maintaining the proper condition of dock gates, dock levelers, and other utilities-related
facilities (including fire-fighting equipment with the involvement of specialized organizations, sewage facilities, pumps, DGUs, boiler houses, gas pipelines, ventilation, cooling and others). 

F) Cleaning of the Facility, as well as the Land Plots, roads, sidewalks, common areas, removal and disposal (in cases stipulated by law) of garbage, snow,
ice, residues of reagents; deicing treatment; washing of facades, windows and doors (outside and inside); maintenance of utilities in clean condition, prevention of littering; ensuring availability of all necessary documents (logs, inspection
certificates, protocols, etc.); current repair/restoration of asphalt coating, as well as removal and disposal of garbage and/or snow, and making the related environmental payments or contributions/fees, if applicable; 

The Lessee shall regularly inspect the roof for exclusion/prevention/repair/elimination of possible leaks, nesting of birds or rodents, clean, if necessary,
the roof and canopies from snow and ice in order to prevent exceeding the actual snow load and ensure safety, remove ice in the area of water disposal outlets, perform regular inspections and testing of lightning protection in accordance with the
terms and requirements of the applicable laws, testing of electrical installations of the Facility in accordance with the statutory requirements. 
 G)
mowing of grass, trimming, watering of green spaces, application and maintenance of road markings, road signs; 
 H) repair of hard covering of the roads
and parking slots in the territory of the Complex; 
 I) security of the Facilities, including the perimeter thereof, as well as maintenance and repair of
gates, access barriers, pass-through doors, access control, video surveillance systems, etc.; 

  
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 J) taking all fire safety measures (including, inter alia, arrangement of periodic drills, maintenance and
provision of fire tanks in accordance with the statutory requirements, maintenance of standard pressure of fire extinguishing systems); 
 K) implementation
of anti-terrorism, sanitary, veterinary measures, bird, insects, rodent control. 
 The Parties have agreed that in case any system, mechanism, element or
activity is not expressly specified in this clause/this Lease Agreement or the Certificate of Delineation of Operational Responsibilities and Expenses of the Parties, then this does not exclude the need for the Operational Maintenance by the Lessee
at its own expense and using its own efforts (with the Lessee’s engagement of the contracts, management company, if the Lessee deems it reasonable). 

5.2.    The Lessee shall: 

5.2.1.     maintain the Facility on its own (or using third party efforts) and at its own expense in good condition (and appoint
responsible employees, ensure systematic monitoring of the condition of the Facility and its Utilities located within its boundaries). 
 Examine once a
year (together with representatives of the Lessor) technical condition of the Facility and Utilities located within its boundaries and, if necessary, perform current repairs of the Facility and Utilities located within its boundaries. The Lessee
shall perform maintenance, operation, current repairs using its own efforts and at its own expense. The Lessor shall have the right to conduct technical audit of the Facility (audit of the Lessee’s Operational Maintenance). In case the Lessee
does not perform current repairs and the Lessee’s Operational Maintenance, the Lessor shall have the right, ten (10) business days after notification of the Lessee and in case the Lessee has not started the violation elimination and has
not specified a deadline for completion of the violation elimination, to perform the said works (including the Lessee’s Operational Maintenance) either using its own efforts or efforts of the contractors, and the Lessee shall pay the cost
thereof according to the open book principle within five (5) business days upon receipt of Lessor’s invoice. 
 In such case, the Lessee shall:

 perform the Facility Maintenance/Lessee’s Operational Maintenance, as well as any other works at the Facility, including current repair of the
Facility and the Utilities located within its boundaries, in accordance with the current specifications/requirements/regulations. In case the Facility Maintenance/Lessee’s Operational Maintenance and any other works at the Facility differ from
the current specifications/requirements/regulations, they shall be subject to prior written agreement with the Lessor; 
 5.2.2.    
The Lessee shall at its own expense perform other actions including, inter alia, Facility Maintenance/Lessee’s Operational Maintenance, cleaning and current repair of the Facility 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 such statutory regulations and rules; 

5.2.3.     The Lessee shall ensure at its own expense collection and removal of waste, snow and ice, arrange disposal of waste and
garbage. 

  
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 5.2.4.     Observe and comply with all statutory requirements, regulations and
rules regarding compliance with fire and electrical safety. The Lessee shall bear full liability stipulated by the applicable laws of the Russian Federation for non-compliance by both employees and visitors of
the Lessee with fire and electrical safety standards, and the consequences arising therefrom. 
 5.2.5.     The Lessee shall
provide to the Lessor the Lessee’s Facility Maintenance/Operational Maintenance Plan for each Reporting Period (Reporting Period means the period beginning on January 01 and ending on December 31 of the relevant calendar year) by or before
December 31 of the current Reporting Period with the attachment and description of the Facility Maintenance/Lessee’s Operational Maintenance and with indication and provision of the information (and copies of the contracts) regarding: 

 

	•	 	 Scheduled activities and their deadlines; 

 

	•	 	 Contracts with the contractors for the Facility Maintenance/Lessee’s Operational Maintenance.

 5.2.6.     If following the technical Audit the Lessor reveals any violations in terms of failure to perform
the necessary/mandatory Facility Maintenance/Lessee’s Operational Maintenance, including, inter alia, routine maintenance of the equipment, utilities and systems, namely, violation of the necessary works deadlines, scope of the actual works, or
absence of documented and actually confirmed performance of such works by the Lessee, which required or may require an unscheduled overhaul of the Facility, utilities and systems, the Lessee shall reimburse the Lessor for the documented costs of
unscheduled overhaul caused by such Lessee’s violation. 
  

	6.	 LEASE PERIOD 

6.1.    Term of the Agreement. This Agreement shall become effective for the Parties upon signature thereof, namely from
August 04, 2020, for third parties - upon state registration thereof, and shall be valid until August 04, 2030 (inclusive) (the Agreement Expiry Date). The Agreement expiry/termination shall not relieve the Parties from proper
performance of their obligations hereunder and the liability for violation hereof, all settlement obligations of the Parties as in effect as of the Agreement Expiry Date shall remain in force and shall be valid until performance thereof by the
Parties. At the same time, the Parties have agreed that the Term of the Agreement shall be increased by the number of days that elapsed before transfer of the title to the leased facility to the new owner, provided that Internet Logistics LLC
undertakes to sell the leased facility to the new owner by the end of 2020, regarding which fact the Parties shall enter into a supplementary agreement hereto. 

6.2.    Lease Period. The Lease Period shall commence on the date of the Acceptance Certificate execution and shall
expire on August 04, 2030 (inclusive) (the Lease Period Expiry Date), subject to the provisions of Clause 6.1 hereof. At the same time, the Parties have agreed that the Lease Period shall be increased by the number of days that elapsed
before transfer of the title to the leased facility to the new owner, provided that Internet Logistics LLC undertakes to sell the leased facility to the new owner by the end of 2020, regarding which fact the Parties shall enter into a supplementary
agreement hereto. 
 6.3.    The Parties agree that the Lessee hereunder will not have the preemptive right to enter into a lease
agreement for a new period in accordance with Article 621 of the Civil Code of the Russian Federation. 

  
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 At the same time, the Parties agree that the Lessee, having duly performed its duties hereunder during the
entire Lease Period, upon expiry of the Lease Period shall have, with all else being equal, the priority right to enter into a lease agreement by signing a supplementary agreement to the existing Agreement indicating new commercial terms agreed upon
by the Parties. The Lessee shall notify the Lessor in writing of its intention to enter into a new lease agreement with respect to the Facility no later than one (1) year prior to the Lease Period Expiry Date. 

When agreeing commercial terms for a new lease period, the Parties shall not take into account the cost of investments in repairs made by the Lessee earlier.
The supplementary agreement for the new period shall be agreed upon and signed by the Parties no later than nine (9) months prior to the Lease Period Expiry Date hereunder. 

6.4.    The Lessor hereby objects to the Lessee’s use of the Facility after the expiry of the Lease Period. For the avoidance
of doubt, receipt of payments by the Lessor from the Lessee upon expiry of the Lease Period hereunder shall not constitute the Lessor’s consent to the Agreement renewal for an indefinite period of time, and the provisions of Article 621, Clause
2, of the Civil Code of the Russian Federation shall not apply to the relations of the Parties. 
 6.5.    This Agreement is
subject to the state registration pursuant to the applicable laws of the Russian Federation in the manner prescribed by law. 
 The Lessor shall apply for
the state registration of the Lease Agreement, and the Lessor shall on its own pay all the expense related to the state registration of the Agreement which the Lessee shall not reimburse. The Lessor shall provide the documents for the state
registration of the Lease Agreement within ten (10) days from the date of the Agreement execution. 
  

	7.	 LEASE AND OTHER PAYMENTS. SECURITY FOR THE LESSOR’S OBLIGATIONS 

7.1.    For the use of the Facility 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: 
 7.1.1.     The Basic Lease Payment which total amount is two hundred
forty-four million two hundred and seventy-nine thousand rubles (RUB 244,279,000) per year for the entire Facility, with VAT payable separately. 

7.1.2.     The cost of ongoing monitoring of the Facility condition, periodic survey thereof and inspection of the condition
thereof, arranged by the Lessor no more than once a year, with the right to conduct a technical audit, in the amount of at least one million two hundred and fifty thousand rubles (RUB 1,250,000), with VAT payable separately, and no more than two
million five hundred thousand rubles (RUB 2,500,000), with VAT payable separately, per year, based on the amount of actual costs of the Lessor to pay the said activities (hereinafter - the Additional Lease Payment). At the same time, the
Lessee shall allocate one (1) workplace at the Facility for the representative of the Lessor to conduct ongoing monitoring of the Facility condition. 

  
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 7.1.3.     The Variable Lease Payment which means part of the Lease Payment equal
to the Lessor’s cost of the utilities and services (delivered under the respective agreements) consumption of which by the Lessee shall be measured in accordance with actual consumption thereof at the tariffs of the Utilities providers, namely:

 water supply service shall be measured by the meters installed at the Facility or under the subscription fee in accordance with the terms
of the water supply contract and shall be paid by the Lessee to the Lessor in the amount of 100% of the cost of such service at the rates established by the respective Utilities providers, and 

power supply service shall be measured by the meters installed at the Facility and shall be paid by the Lessee to the Lessor in the amount of
100% of the cost of such service at the rates established by the respective Utilities providers; 
 gas supply service shall be measured by
the meters installed at the Facility and shall be paid by the Lessee to the Lessor in the amount of 100% of the cost of such service at the rates established by the respective Utilities providers; 

water discharge service (storm water, domestic sewage) (if applicable) shall be measured by the meters installed at the Facility or under the
subscription fee in accordance with the terms of the relevant contract, shall be paid by the Lessee to the Lessor in the amount of 100% of the cost of such service established by the respective Utilities providers. 

The Lessor shall be responsible for proper connection of buildings/structures of the Facility to the utilities, and for availability and proper execution of
power supply, gas supply contracts, etc. (in case of conclusion thereof). 
 The Variable Lease Payment shall be determined on the basis of the open book
principle (the Lessee has the right to audit the costs of the Lessor made by it as the owner of the leased facility; 
 The Lessee shall reimburse the
Lessor for reasonable and documented expenses without making additional payments in respect of the Variable Lease Payment in addition to compensation for the costs incurred by the Lessor). 

The Parties shall take into account Clause 3.1 of the Agreement, availability of the facts and features of the Facility (including the consequences thereof)
specified in it, which, by agreement of the Parties, unless they had been eliminated and then appeared again due to the circumstances within the Lessor control, shall not be considered deficiencies of the Facility and be the ground for the Parties
to submit to each other claims related to the features of the Facility, reduction of the Lease Payment or termination of the Agreement. The Lessor shall be liable to the Lessee for interruption in the supply of the Facility with public utilities in
an amount not exceeding the amount in which the resource/power supply companies are actually liable to the Lessor. The Lessor shall be responsible for conclusion and proper performance of the contracts with resource-supplying and utility companies
in relation to the Facility, but shall not be responsible for the proper performance of these contracts by its counterparties except for the amounts to which the Lessor may be entitles due to the violations made by its counterparties under the above
contracts. Upon receipt of the notice from the Lessee, the Lessor shall involve the Lessee in consideration of any disputed situation with the resource/power supply companies, including as a third party in accordance with the procedural law. The
Lessee shall, at the Lessor’s request, provide access to the Lessor to check the metering units (metering devices) and take meter readings. The Lessor may not be denied such access. 

  
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 7.2.    The Variable Lease Payment shall be determined on the basis of the open
book principle. The Lessee has the right to audit the costs of the Lessor made by it as the owner of the leased facility. The Lessee shall reimburse the Lessor for reasonable and documented expenses, and also the VAT amount, without making
additional payments in respect of the Operating Expenses of the Lessor in addition to compensation for the costs incurred by the Lessor): 

7.2.1.     Cost of the property tax on the immovable property being part of the Facility (buildings, facilities, structures), and
also those listed in Appendix No. 1G hereto, and land tax on the Land Plots on which the Facility is located, and also any expenses for land use (easement and/or lease and/or other right) regarding the land plots with the following cadastral
numbers: 69:10:0000025:2380, 69:10:0000025:6496; 
 7.2.2.     Cost of the property insurance, as well as cost of compulsory
types of insurance. The Parties understand that if the Lessee, as the lessee of hazardous production facilities, shall independently sign the compulsory insurance contract(s), then the costs of such insurance shall not be included in the
Lessor’s Operating Expenses, and the Lessee will have to submit confirmation of such payments to the Lessor. Insurance obligations of the Parties are agreed upon in Appendix No. 5 (Clause 19.8.5) hereto; 

7.2.3.     Cost of payments related to environmental management, subsoil use, water use, pollution charges, cost of the facilities
registration in the state and other mandatory registers (register of hazardous facilities, etc.), cost of obtaining periodic/permanent permits for the use of certain buildings/facilities being part of the Facility. The Parties understand that if the
Lessee shall subject to the statutory requirements independently incur such costs, then such costs shall not be included in the Lessor’s Operating Expenses, and the Lessee will have to submit confirmation of such payments to the Lessor; 

7.3.    The Lessee’s costs of the Facility Operational Maintenance, including, inter alia, maintenance of buildings/facilities
being part of the Facility, including maintenance and current repairs of dock gates, dock levelers, and other utility infrastructure facilities (including fire-fighting equipment with the involvement of specialized organizations, sewage facilities,
pumps, diesel-generator unit, boiler houses, gas pipelines, ventilation, cooling, etc.), current repair/restoration of asphalt coating, as well as garbage and/or snow removal, and/or related environmental payments or fees, if applicable, will be
incurred by the Lessee. If the Lessee fails to perform the obligations stipulated by this clause of the Agreement, or performs the above obligations with poor quality, which is not contested by the Lessee, the consequences provided for in Clause
5.2.6 hereof shall apply. 
 7.4.    The Parties have determined that starting from the second (2nd) year of the Lease Period
annually on each anniversary of the Starting Date of the Lease Period the Basic Lease Payment and the Additional Lease Payment specified in Clause 7.1.2 hereof shall be subject to an annual increase in comparison with the Basic Lease Payment and the
Additional Lease Payment for the previous period by Indexing by four percent (4%). The increase in the Basic Lease Payment and the Additional Lease Payment in accordance with this clause shall be deemed to be agreed upon by the Parties herein (as
stated above), and such change in the terms of the Lease Agreement shall not require the Parties to sign a supplementary agreement. 

  
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 7.5.    From the date of the Facility Acceptance Certificate and during the
entire Lease Period, the Lessee shall pay to the Lessor the Lease Payment in respect of the Facility subject to the following procedure: 

7.5.1.     The Lease Payment consisting of the Basic Lease Payment, the Additional Lease Payment and the Variable Lease Payment
(determined by calculation) shall be paid on a monthly basis by or before the fifteenth (15) day of the month preceding the payable month of lease (hereinafter - the Payment Day). At the same time, the amount of the Variable Lease
Payment at the end of the month shall be adjusted taking into account Clause 7.1.3 hereof: the overpayment shall be returned or credited to the Lease Payment, the underpayment shall be paid on the day of payment of the next scheduled payment of the
Lease Payment. The Variable Lease Payment shall be determined by calculation, by adding up the amounts of the Variable Lease Payment for the previous three months and dividing the amount received by three. The Lessee shall compensate the Lessor for
the Lessor’s Operating Expenses set forth in Clause 7.2 hereof on the basis of the invoice issued by the Lessor with the attached calculation of the amount of the Lessor’s Operating Expenses and confirmation of the expenses incurred, and
shall do it within fifteen (15) business days upon receipt of the Lessor’s invoice with the attached calculation of the amount of the Lessor’s Operating Expenses and confirmation of the expenses incurred. 

7.5.2.     The Lessor shall invoice the Lessee for payment of the Basic Lease Payment, the Additional the Lease Payment, the
Variable Lease Payment, the Lessor’s Operating Expenses, and any other payments, within five (5) business days before the payment date. Invoices shall be sent to the postal and email address of the Lessee specified in Clause 15.2 hereof.
In case of non-receipt of the invoice or invoices, the Lessee shall in any case pay the Basic Lease Payment on a monthly basis in the amount of 1/12 of the annual Basic Lease Payment. 

7.5.3.     The Lease Payment 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. 
 7.5.4.     The amount of the VAT rate, and the monthly cost
of the services (inclusive of VAT), shall be determined in accordance with the tax rate effective on the date of the services provision (on the last day of the respective month), according to Article 164, Chapter 21, of the Tax Code of the Russian
Federation. 
 7.5.5.     The Lessor shall invoice the Lessee for payments due hereunder by sending invoices in PDF format to the
Lessee’s email address specified herein with the subsequent transfer of original invoices for payment to the Lessee. The Lessee shall have the right to receive Reconciliation Certificates from the Lessor. Invoices/reconciliation certificates
shall be deemed to have been sent to the Lessee on the date of delivery thereof to the electronic address specified herein, provided they are accepted by the recipient. At the same time, absence of an invoice does not constitute the basis for the
Lessee’s non-making the payments hereunder. In such case, the lease payments specified in this section shall be made by the Lessee pursuant to the Agreement. 

If the Parties use the system of electronic document management (EDM), the Lessor shall send the primary accounting documents to the Lessee via the electronic
document management system “Diadok” or alternative operator of EDM. After five (5) calendar days from the date of receipt of the Lessor’s written notice, the Lessee will be ready to accept the accounting documents sent by the
Lessor via the EDM. The Parties confirm that since the Parties’ transition to EDM no additional transfer of original documents via the Diadok system or alternative EDM operator is required. 

  
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 If it is necessary to provide originals of primary accounting documents to the public authorities, as well
as to the companies providing audit services, the Parties shall, upon written request of one of the Parties, sign such originals within a reasonable time specified in the written request. 

The accounting documents shall be deemed to have been delivered to the Lessee on the date of placement thereof in the Diadok system or at the alternative EDM
operator. 
 The Lessee undertakes to sign (by means of the EDS) acceptance certificates/UAC/VAT-invoice within
fourteen (14) calendar days upon placement thereof by the Lessor in the system specified above in this clause. In case the Lessor fails to receive the acceptance certificates/UAC/VAT-invoice signed by the
Lessee within the specified period, such acceptance certificates/UAC/VAT-invoice shall be deemed to be accepted and signed by the Lessee. 

7.5.6.     By or before the tenth (10) day of each month (and if that day falls on the day off - on the next business day) the
Lessor shall procure that the documents necessary for the tax and business accounting of the Lessee are duly executed and transferred to the Lessee, including, inter alia: a Universal Acceptance Certificate (UAC) with the calculation of the amount
of the Lease Payment for the reporting month and/or other payments indicating their basis in the reporting month, reconciliation certificates, and other documents that the Lessee may reasonably request and may be provided by the Lessor. The Lessee
undertakes in turn to sign such UAC. The Lessee’s failure to perform the obligation to sign the UAC shall not be the ground for the Lessee’s delay in making any payment due to the Lessor hereunder. 

7.6.    Payments hereunder shall be made in rubles. 

7.7.    Unless otherwise specified in the Lessor’s invoice, the Lessee shall make payments under this Lease Agreement by wire
transfer to the bank account specified by the Lessor herein, and the Lessor shall be entitled to change such bank account during the Lease Period by giving the Lessee a notice within five (5) business days prior to the next payment date. The
Lessor shall compensate the Lessee for the increased cost of the Lessee’s making payments under the new details regarding the cost of making payments under the details specified in the Agreement at the moment of signing hereof. 

7.8.    All payments payable by the Lessee to the Lessor in accordance with this Lease Agreement are specified in this Lease
Agreement excluding VAT, unless otherwise expressly provided hereby. The amount of the VAT rate, and the monthly cost of the services (inclusive of VAT), shall be determined in accordance with the tax rate effective on the date of the services
provision (on the last day of the respective month), according to Article 164, Chapter 21, of the Tax Code of the Russian Federation. 
 If, in accordance
with the laws of the Russian Federation, the VAT amount is increased after the date of payment of any advance payment made by the Lessee, the Lessee shall pay to the Lessor the difference between the effective VAT amount as of the date of advance
payment made by the Lessee and the new VAT amount established in accordance with the law of the Russian Federation as of the date of shipment/payment. The VAT surcharge (up to the effective rate) will be specified in the relevant Lessor’s
invoice and will be payable by the Lessee according to the same procedure as the payment amounts themselves. The Parties agreed that in any other case retrospective revision of the Lessee’s financial obligations shall not be carried out
upwards. 

  
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 If the VAT amount is decreased in accordance with the laws after the date of payment of any payment made by
the Lessee, as a result of which the Lessee has made an excess VAT payment, the Lessor shall set off such excess payment against future payments of the Lease Payment hereunder. 

7.9.    In case the Lessee makes any payment under this Agreement which is subject to VAT, the Lessor shall issue the respective VAT-invoice/UAC within the period set forth in Clause 7.5.6. hereof; 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 VAT-invoice/UAC, and shall do it in the amount of VAT, which was subject to indication in the respective
VAT-invoice/UAC, increased by twelve percent (12%) per annum. 
 7.10.    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. 

7.11.    The Lessor may charge a penalty for each day of delay in payment of any part of the Lease Payment or Security Payment in
the amount of: three hundredths of a percent (0.03%) starting from the 3rd day of delay in payment and up to the date of elimination of the 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. 
 7.12.    The Lessee shall
pay to the Lessor a Security Payment in the amount of fifty seven million six hundred twenty eight thousand five hundred and seventy rubles (RUB 57,628,570), with the VAT payable separately, within five (5) business days from the date of
signing by the Parties of this Agreement. The payment obligation not performed upon expiry of the specified period shall be deemed overdue. The Security Payment is a security for the proper performance of the Lessee’s obligations hereunder
(including, inter alia, obligations to make payments, indemnity, pay a fine, penalty, return the Facility in proper condition) pursuant to Article 329 and Article 381.1 of the Civil Code of the Russian Federation. 

7.12.1.     Security Payment use and return. 

7.12.1.1.    The Lessor may, at its discretion and without prejudice to any other Lessor’s rights under this Agreement or
applicable laws, upon expiry of five (5) days from the date of the Lessee’s response to the Lessor’s notice, deduct from the Security Payment any amounts, taking into account Clause 7.12 hereof, against the Lessee’s indebtedness
resulting from the Lessee’s failure to perform its contractual obligations hereunder. 
 7.12.1.2.    The Lessor shall
possess the Security Payment (subject to the procedure set forth herein) and use it until the date of return of the Security Payment, and interest shall not accrue in favor of the Lessee for the use of the Security Payment amount. 

  
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 7.12.1.3.    The Lessee and the Lessor have agreed that, without prejudice to any
right or remedy that the Lessor may have, and provided that the Lessor does not voluntarily remedy (within the period specified in Clause 7.12.1.4 hereof) any of the violations specified below in this Clause 7.12.1.3, the Lessor shall have the
right, upon expiry of five (5) days from the date of the Lessee’s response to the Lessor’s notice, to unilaterally deduct the following amounts from the Security Payment: 

A) the amount of the Lease Payment or part thereof due to the Lessor hereunder and not received by it within ten (10) business days after the respective
payment day; 
 B) the amount of penalties payable by the Lessee due to the Lessee’s violation of this Agreement and not paid and not contested by it
within ten (10) business days after the respective payment day; 
 C) the amount of the documented and uncontested damage suffered by the Lessor as a
result of damage to the Facility or part thereof or the Lessor’s property (as well as any parts thereof) as a result of the Lessee’s actions/omission, or suffered by the Lessor as a result of other violations by the Lessee of its
obligations hereunder. 
 7.12.1.4.    The Lessor shall notify the Lessee in writing of the violation and send to the Lessee the
calculation of the deduction amount required to correct the violation, information on the reason for the deduction, and the planned date there. The Lessee shall pay the invoice or remedy the violation within ten (10) business days upon receipt
of the written notice from the Lessor on such violation. In case of non-payment of such invoice or failure to meet the specified deadline, the Lessor shall be entitled to deduct such amount from the Security
Payment after five (5) days upon expiry of ten (10) business days from the date of receipt of the Lessor’s written notice of such violation by the Lessee; the Lessee will be notified about such deduction. 

7.12.1.5.    If the Lessor makes a deduction from the Security Payment, the Lessee shall, within ten (10) business days upon
receipt of the Lessor’s notice of the deduction referred to in Clause 7.12.1.4 hereof, pay to the Lessor the amount specified in the notice necessary to restore the amount of the Security Payment. 

7.12.1.6.    The amount of the Security Payment shall be recalculated in case the Lease Payment is increased/Indexed as provided
for herein. The difference between the increased amount of the Security Payment and the amount of the Security Payment transferred by the Lessee earlier shall be paid by the Lessee to the Lessor within five (5) business days upon receipt of the
respective invoice from the Lessor. 
 7.12.1.7.    When the Lessor makes deductions from the Security Payment under Clause
7.12.1.3 hereof, title to the amounts of such deductions shall pass to the Lessor from the date of such deduction. 

7.12.1.8.    The Parties agree that the Lessee’s making a Security Payment shall not affect the Lessor’s right to make
claims against the Lessee for violation of any of its obligations hereunder, nor shall the Lessee be entitled to withhold any amounts or fail to perform its obligations hereunder. 

7.12.1.9.    The Lessee undertakes not to pledge or otherwise encumber the Security Payment or the right to receive it from the
Lessor in whole or in part. 

  
 20 

 7.12.1.10.    Within thirty (30) business days from the Agreement Expiry
Date (including possible early termination) and provided that the Facility Return Certificate, according to which the Lessee will return the Facility to the Lessor hereunder, is duly signed by the Parties and the Lessor has no claims against the
returned Facility, the Lessor shall return to the Lessee the amount of the Security Payment or part thereof held by the Lessor as of the Agreement Expiry Date (including possible early termination), if there is no Security Payment in the remainder
due to the deductions made therefrom. At the same time, interest for the use of the Security Payment shall not be accrued in favor of the Lessee and recovered for the period before the date of return thereof. The said return of the Security Payment
shall be made in the amount of rubles remaining after the deductions provided for in Clause 7.12.1.3 hereof. 
 7.12.1.11.    If
this Agreement is terminated as a result of the Lessee’s improper performance of its obligations hereunder, the Security Payment shall not be returned to the Lessee and shall remain in the Lessor’s possession as a penalty. 

7.13.    Within forty-five (45) days from the date of transfer of the title to the leased facility to the new owner, provided
that Internet Logistics LLC sells the leased facility to the new owner by the end of 2020, the Lessee shall ensure that Internet Logistics LLC pledges the Warehouse Equipment to the Lessor (to the new owner), and the Lessee shall acquire the title
to the Warehouse Equipment pledged to the Lessor, by or before December 31, 2021, to which fact the Lessor expresses its full and unconditional consent as the Pledgee. The list of the Warehouse Equipment is given in Appendix No. 4 hereto
(Clause 19.8.4), with the right of the Lessee to replace part of the pledge item with an equivalent pledge item. Pledge of the Warehouse Equipment is used to ensure that the Lessee shall properly make Lease Payment and other payments to the Lessor
payable by the Lessee subject to and in connection with this Lease Agreement. 
 7.14.    Within one (1) month from the date
of transfer of the title to the leased facility to the new owner, provided that Internet Logistics LLC sells the leased facility to the new owner by the end of 2020, the Lessee shall provide the Lessor with an irrevocable Bank Guarantee in the form
previously agreed upon with the Lessor, ensuring performance of the Lessee’s obligations hereunder, for the amount worth one hundred fifteen million two hundred fifty seven thousand one hundred and thirty-nine rubles (RUB 115,257,139).
The Bank Guarantee shall be issued by the Guarantor Bank as an irrevocable guarantee, according to which the Guarantor Bank will have to make payment based solely on the following documents submitted by the Lessor to the Guarantor Bank: 

7.14.1.    claim of the Lessor to the Guarantor Bank to make payment under the Bank Guarantee due to the fact that the Lessee has
not performed the relevant obligation hereunder (the Claim); 
 7.14.1.1.    documents confirming the authority of the
Claim signatory: 
 if the Claim is signed not by the sole executive body of the Lessor: 

 

	•	 	 original or notarized copy of the power of attorney authorizing the Lessor’s representative to sign the
Claim. 

  
 21 

 if the Claim is signed by the sole executive body of the Lessor: 

 

	•	 	 copies of the documents certified by the Lessor and confirming the authority of the Lessor’s sole executive
body, namely: the Articles of Association of the Lessor; extracts from the Unified State Register of Legal Entities with the period of expiry of no more than thirty (30) calendar days; the resolution/minutes on election of the Lessor’s
sole executive body; or 

  

	•	 	 a notarized banking sample signatures and seal card of the Lessor (or copy thereof) from the Lessor’s
servicing bank certified by the Lessor’s bank. 

 7.14.1.2.     except for the obligation stipulated in
Clause 7.1 hereof, in case of non-performance of which the Lessor does not need to submit a separate claim to the Lessee, - a copy of the claim against the Lessee certified by the Lessor, indicating non-performance/improper performance by the Lessee of the obligation hereunder with a description of this obligation, as well as indicating the amount and reason for the occurrence (reference to clauses of the Lease
Agreement and/or the laws of the Russian Federation) of the respective obligation of the Lessee; 
 7.14.1.3.     except for the
obligation stipulated in Clause 7.1 hereof, in case of non-performance of which the Lessor does not need to submit a separate claim to the Lessee, - a copy of the postal receipt certified by the Lessor on
delivery to the Lessee of the written claim for performance of obligation hereunder OR a copy of the Lessor’s claim certified by the Lessor with an entry of service to the Lessee/Lessee’s return receipt; 

7.14.1.4.     only in the event that copies of documents attached to the Claim are certified not by the sole executive body of the
Lessor, - documents confirming the authority of the person who certified the copies of the documents attached to the Claim on behalf of the Lessor, namely: an original or a notarized copy of the power of attorney authorizing the Lessor’s
representative to certify copies of the documents attached to the Claim. Together with the Bank Guarantee, the Lessor shall be provided with duly certified copies of the documents confirming the authority of the person who signed the Bank Guarantee
on behalf of the Guarantor Bank. 
 7.14.2.     The 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 Facility 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 other bank as an independent guarantee previously agreed upon with the Lessor. If the Lessor applies to
the guarantor bank for payment under the Bank Guarantee, the Lessee shall restore the amount of the Bank Guarantee to the one specified in this Clause 7.14, taking into account the Indexation, and shall do it within thirty (30) calendar days
from the date of the guarantor bank’s payment made to the Lessor under the Bank Guarantee. 

  
 22 

 7.14.3.     The Lessee shall ensure during the Term of the Agreement the validity
of a number of successively issued Bank Guarantees with a validity period of at least 12 months from the date of issue 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. The Lessee shall, no later than one (1) month before the expiry date of the Bank Guarantee, provide the Lessor with a new Bank Guarantee for the next term under the provisions of this Agreement.
The new Bank Guarantee shall be provided prior to the expiry of the preceding Bank Guarantee, and the new Bank Guarantee shall become effective on the day after the day of expiry of the preceding Bank Guarantee, without creating a period of
simultaneous validity of the two Bank Guarantees. If the Lessee fails to provide the Bank Guarantee for a new term within the specified period, the Lessee shall, as a measure of ensuring proper performance of its obligations hereunder, make the
Additional Security Payment in the amount provided for hereby for the Bank Guarantee, and shall do it no later than the expiry date of the given Bank Guarantee. 

7.14.4.     The Parties specifically stipulated and agreed that the Lessor shall return the Bank Guarantee to the Lessee
(Lessor’s waiver of its rights under the guarantee) and the bank Guarantee shall terminate within thirty (30) calendar days from the date of the Agreement termination, provided that the Facility Return Certificate according to which the
Lessee will return the Facility to the Lessor hereunder is duly signed by the Parties and the Lessor has no claims against the returned Facility. 

7.14.5.     In case the Agreement is terminated due to the circumstances depending on the Lessor, provided that the Facility Return
Certificate according to which the Lessee will return the Facility to the Lessor hereunder, is duly signed by the Parties and the Lessor has no claims against the returned Facility, the Lessor shall waive its rights under the guarantee and return
the Bank Guarantee to the Lessee within fifteen (15) working days from the date of the Agreement termination. 
 7.14.6.    
If the Lessee fails to provide the Bank Guarantee within the period stipulated in Clause 7.14 hereof, the Lessee shall, no later than the day of expiry of such period, make the Additional Security Payment in the amount stipulated by this
Agreement for the Bank Guarantee as the security of proper performance of its obligations hereunder. At the same time, the Lessee has the right to replace the amount of the Additional Security Deposit with the Bank Guarantee, which meets the
conditions stipulated hereby. If such Bank Guarantee is provided to the Lessor, the amount of the Additional Security Payment shall be reduced by the amount of the Bank Guarantee received by the Lessor by setting off the respective amount of the
Additional Security Payment against the Lease Payments for the months following the month in which the Lessor received such Bank Guarantee. 

7.14.7.     The Lessor may, at its discretion and without prejudice to any other rights under this Agreement or applicable law, use
the Bank Guarantee/Additional Security Payment and deduct from the Bank Guarantee/Additional Security Payment any amounts against the Lessee’s indebtedness, arising as a result of the latter’s failure to perform its contractual obligations
hereunder after prior written notification of the Lessee and in case the Lessee fails to correct its violation (in a manner similar to that specified in Clauses 7.12.1.3 and 7.12.1.4 hereof, but subject to the exception referred to in Clause 7.14.1
hereof (The Guarantor Bank shall meet the claim for the Lease Payment without the need for evidence of the violation and transfer of the claim to the Lessee). At the same time, before making a deduction from the funds of the Bank
Guarantee/Additional Security Deposit, the Lessor shall send a written claim to the Lessee and provide the Lessee with ten (10) days to repay the amounts due to the Lessor and not paid by the Lessee within the period specified hereby. 

  
 23 

 7.14.8.     Within fourteen (14) calendar days from the date on which the
Lessor makes any deduction from the Bank Guarantee/Additional Security Payment, the Lessor shall send to the Lessee the respective written notice. The notice of the deduction made from the Bank Guarantee/Additional Security Payment shall include
calculation of the deduction amount, the reason for the deduction, and the date thereof. Thus, within twenty (20) business days upon receipt of such written notice, the Lessee shall provide a new Bank Guarantee for an increased amount or pay to
the Lessor the necessary amount of the increase in the form of the Additional Security Payment or supplement the amount of the previously provided Additional Security Payment by the amount of the increase (depending on the method of the Security
provision). Upon the Lessee’s provision of the new Bank Guarantee corresponding to the provisions of this Agreement, the amount of money provided by the Lessee in accordance with the terms of this Clause 7.14.8 hereof will be set off by the
Lessor against the Lessee’s next Lease Payments hereunder. 
  

	8.	 LESSSEE’S RIGHTS 

8.1.    The Lessee shall be entitled to use the Facility during the whole Lease Period in accordance with the Permitted Use and the
terms of this Lease Agreement. 
 8.1.1.     If, due to improper performance of the power supply contract by the Lessor, the
supply of electric power to the Facility under the relevant contract is terminated for a period of more than twelve (12) consecutive hours, the Lessee shall make to the Lessor the Lease Payment stipulated in Clause 7.1 hereof considering that
it includes the Basic Lease Payment specified in Clause 7.1.1 hereof reduced by multiplying the Basic Lease Payment by a coefficient of 0,43 for all days when, due to improper performance of the power supply contract by the Lessor, the electric
power supply of the Facility under the relevant contract was terminated for more than twelve (12) consecutive hours. In calculating the Lease Payment payable per month for the days on which the above events occurred, the Lease Payment shall be
calculated taking into account the above rule. 
 8.1.2.     If, due to improper performance of the gas supply contract by the
Lessor, the supply of gas to the Facility under the relevant contract is terminated for a period of more than twelve (12) consecutive hours, the Lessee shall make to the Lessor the Lease Payment stipulated in Clause 7.1 hereof considering that
it includes the Basic Lease Payment specified in Clause 7.1.1 hereof reduced by multiplying the Basic Lease Payment by a coefficient of 0,43 for all days when, due to improper performance of the gas supply contract by the Lessor, the gas supply of
the Facility under the relevant contract was terminated for more than twelve (12) consecutive hours. In calculating the Lease Payment payable per month for the days on which the above events occurred, the Lease Payment shall be calculated
taking into account the above rule. 
 8.1.3.     If the Lessor closes free entrance of trucks to the handling area of the
Facility from the place of junction to the public road for a period of more than twelve (12) consecutive hours, the Lessee shall pay to the Lessor the Lease Payment stipulated in Clause 7.1 hereof considering that it includes the Basic Lease
Payment specified in Clause 7.1.1 hereof reduced to zero (0) for all those days when the Lessor closed free entrance of trucks to the handling area of the Facility from the place of junction to the public road for a period of more than twelve
(12) consecutive hours. In calculating the Lease Payment payable per month for the days on which the above events occurred, the Lease Payment shall be calculated taking into account the above rule. 

  
 24 

 In the cases referred to in this clause above, the Lessee shall pay to the Lessor the Lease Payment provided
for in Clause 7.1 hereof considering that it includes the Basic Lease Payment specified in Clause 7.1.1 hereof reduced in accordance with the rules specified in this clause above, until the Lessor eliminates the relevant circumstance and notifies
the Lessee of such elimination. 
 Existence of the above mentioned facts, which are grounds for application of the above mentioned rules, shall be recorded
by a certificate signed by authorized representatives of both Parties or executed unilaterally in case one of the Parties refuses to sign thereof. 
 If one
of the Parties refuses to sign the certificate or if representatives of such Party do not appear to sign thereof within five (5) hours after such Party has been notified (including by e-mail) on the need
to execute the certificate, the other Party has the right to sign such certificate unilaterally, provided that the reasons and circumstances recorded in the certificate are supported by the readings of the equipment / by photo/video recording and
the readings of the equipment/photo/video materials are attached to the certificate and sent by one Party to the other Party (which refused to sign the certificate) within one (1) business day upon execution thereof. 

Either Party may request that the reasons for the circumstances referred to in this clause be verified by an independent technical expert. If, after signing
of the certificate by the Parties pursuant to this clause, the independent technical expert determines that the facts recorded in the Certificate do not correspond to reality and/or occurred due to the circumstances beyond the Lessor’s control,
and at the same time the Lessee made the Lease Payment in a smaller amount on the basis of this clause, the Lessor has the right to demand, and the Lessee shall pay within five (5) business days upon receipt of the Lessor’s claim, the
amount of the respective underpayment for the entire period during which the Lease Payment was not paid by the Lessee or was paid in a smaller amount. 

8.2.    The Lessee shall be granted the following rights for the entire Lease Period: 

8.2.1.    the right to use the Facility in accordance with the Permitted Use; 

8.2.2.    the right to use all existing and future Utilities of the Facility; 

8.2.3.     the right to load and unload goods in special handling areas; 

8.2.4.    the right to park cars and trucks at the parking slots in accordance with the Parking Plan (Appendix No. 6 hereto
(Clause 19.8.6)) and in compliance with the parking regulations in force at that time and approved by the Lessee; 

8.2.5.    the right to move to and from parking slots, as well as the right to move to special handling areas; 

8.2.6.    the right to directly sign a separate contract for the provision of telecommunications services at the Facility with any
telecom operator; 

  
 25 

 8.2.7.    the right of free passage (without unreasonable delays or suspensions)
of freight vehicles usually used for inflow and outflow of goods to/from warehouses without paying any additional fee, and to the handling area of the Facility from the public road. 

8.3.    The Lessee shall have the right to free and unhindered access to the Facility granted to all employees, customers and
suppliers of the Lessee. 
 8.4.    The Lessee shall have the right to suspend its activity at the Facility in case of the
circumstances preventing the Lessee from using the Facility and making it impossible to use the Facility in case the circumstances preventing use of the Facility occurred due to the circumstances within the Lessor’s control and were not
corrected by the Lessor within ten (10) calendar days from the date of signing the respective certificate on impossibility to use the Facility. For the avoidance of doubt, the Parties have established that the circumstances preventing use of
the Facility due to the circumstances within the Lessor’s control shall mean violation by the Lessor of the contracts signed with the resource-supplying companies or the actions of the Lessor, including persons engaged by it, at the Facility.
For the avoidance of doubt, the Parties have specially agreed that such circumstances not caused by the Lessor’s conduct shall not include: 

8.4.1.     power interruption for less than three hundred and sixty (360) minutes, since the Facility is provided with standby
electric sources, Maintenance/Operational Maintenance of which is the responsibility of the Lessee; 
 8.4.2.     accidents; 

8.4.3.     any interruptions in water supply or drainage (including in terms of disposal or treatment of household wastewater).

 In case of such circumstances, 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 Facility subject to the Permitted Use, the respective certificate on the closure of the Facility
shall be signed. The Lessee undertakes not to use the Facility and to proceed to removing the Facility (including removal of all goods and equipment) if the circumstances preventing the Lessee to use the Facility exist for more than ten
(10) consecutive calendar days after signing the said certificate. Existence of these circumstances for more than ten (10) consecutive calendar days shall be subject to additional bilateral recording by the Parties. 

The Lessor shall not be liable to the Lessee in all cases caused by Force Majeure Events, as well as in the cases where it was the result of repair or other
work carried out at the Facility by the Lessee, or occurred as a result of actions/omission of any third parties engaged by the Lessee, including in case of suspension of the provision of Utilities as a result of actions/omission of the relevant
service providers. 
 8.5.     The Lease Payment shall not accrue for the period when the Lessee does not use the Facility in
accordance with Clause 8.4 hereof. 
 8.6.     In case of prohibition or suspension of the Lessee’s business and/or
termination of its license and/or suspension/termination of its mandatory membership in SRO, these grounds shall not be the grounds for termination of the Agreement and/or the Lessee shall not be exempt from making the Lease Payment and other
mandatory payments hereunder. 

  
 26 

	9.	 LESSEE’S OBLIGATIONS 

The Lessee shall during the entire Lease Period: 

9.1.    Permitted Use 

9.1.1.    use the Warehouses only as non-residential warehouses for storage and processing
of food and non-food goods, including related processes of unloading, acceptance, transfer, storage, assembly, packaging and preparation of goods for sale, shipment, other warehousing activities; 

9.1.2.    use the Office Premises only as non-residential office premises to accommodate
offices, a medical center, a dining room, domestic and technical premises; 
 9.1.3.    The Lessor agrees that the Lessee will
place the Hazardous Goods Area in the part of the Facility indicated graphically in Appendix No. 7 hereto and will use the Hazardous Goods Area in accordance with its purpose for storing hazardous goods, the list and volumes of which are set
forth below: 
  

	•	 	 rubber, 

  

	•	 	 rubber goods, raw rubber, resins, 

 

	•	 	 products in aerosol packaging, 

 

	•	 	 flammable and combustible liquids, 

 

	•	 	 liquefied hydrocarbon gases, 

 

	•	 	 pyrotechnic household products, 

 

	•	 	 chemically active substances and materials reacting with water or foam solution with explosion, decomposing when
interacting with water or foam solution with the release of combustible gases, interacting with water with a strong exothermic effect, 

  

	•	 	 spontaneous combustion substances, 

 

	•	 	 poisonous and superpotent substances 

  
 27 

									
	 Group of goods
	 	Hazard classes as
per
GOST 19433-88
Hazardous Cargo	 	 Hazard signs
	 	% of total storage in
Block 4	 
	 Aerosols
	 	2	 	Fire danger	 	 	8	% 
	 Flammable and combustible liquids (lighter fluid)
	 	3, 4	 	Fire danger	 	 	27	% 
	 Paints and colors
	 	3, 4, 6	 	Fire danger, toxicity	 	 	5	% 
	 Household chemicals
	 	3, 4, 5, 6, 8	 	Fire danger, toxicity	 	 	61	% 

 and other goods, provided that storage/circulation of such other goods does not require any changes in the fire hazard
category towards an increase in the explosive fire hazard class of the Building being part of the Facility specified in the Project Documentation / STU for the hazardous goods types listed above, and also to perform warehousing operations (handling
of goods, packing of goods and other related operations), all the above provided that in its activities the Lessee ensures, by its force and at its expense, that the relevant fire and sanitary safety requirements and other applicable requirements
and restrictions established by the applicable laws are complied with in the course of its using the Facilities in the form, in which it was transferred to the Lessee. 
  

	9.1.4.    	 use the Technical Premises in accordance with their purpose; 

9.1.5.    use checkpoints only in accordance with their designation as a checkpoint. 

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 from the public road (vehicles coming to the Lessee), including trucks, loading and unloading equipment, to the territory of the Facility for the performance of goods loading, unloading, and other warehousing
activities. The Lessee shall be responsible for actions of the persons admitted to the Facility as for its own actions. 

9.1.6.    In case authorized bodies identify violations of the laws of the Russian Federation caused by the activity of the Lessee
and/or the Sublessee and/or other third parties engaged by the Lessee at the Facility, the Lessee shall immediately eliminate the respective violation and, within thirty (30) calendar days upon receipt of the Lessor’s request, compensate
the latter for the amount of penalties imposed on the Lessor in accordance with the claims/orders of the authorized bodies in connection with the activities of the Lessee and/or the Sublessee and/or other third parties engaged by the Lessee at the
Facility that do not correspond to the purpose of the Facility in terms of fire and explosion-fire hazard, and, if applicable, compensate the Lessor (in the meaning of Article 406.1 of the Civil Code of the Russian Federation) for the amount of
claims lodged against the Lessor by third parties. 
 9.2.     Prohibition on imposing obstacles 

9.2.1.    shall not prevent the Lessor to exercise any of the Lessor’s rights hereunder; 

  
 28 

 9.3.    Alterations 

When performing any alterations, comply with the Lessee’s Work requirements. Any alterations shall be possible only after prior written consent of the
Lessor. 
 9.4.    The Lessee shall maintain the Utilities located within the boundaries of the Facility and serving the Facility
clean and free from any poisonous, dangerous or harmful substances, and shall not block access to them. Perform timely maintenance, mandatory scheduled works in accordance with the Certificate of Delineation of Responsibilities, in particular,
purchase and maintain the necessary reserve fuel stock, as well as any other chemical and biological substances (for boiler houses, DGU, local sewage plant, SVP, and other systems, machines and mechanisms being part of the Facility and used by the
Lessee). 
 9.5.    Fire and general safety. The Lessee shall comply with fire, electrical, labor safety requirements, and
other obligations stipulated by the laws of the Russian Federation, as well as orders and resolutions of the authorized state body/organization in relation to the supervisory activities of the Ministry of Emergencies. The Lessee shall be fully
responsible for the Facility in terms of fire protection and fire safety systems. The Lessee shall be responsible for ensuring security, including for the work of its own security service, alarm, devices and systems personnel, to the extent
applicable to the Facility. The security system of the Lessee at the Facility shall not restrict the right of the Lessor or its representatives to access the Facility or prevent the Lessor from exercising other rights in accordance with the Lease
Agreement. The Lessee shall ensure compliance of the measures specified in the Project Specific Technical Specifications (STU) with the applicable laws, appoint a fire safety officer at the Facility, verify, change, fill, maintain fire
extinguishers, maintain fire fighting equipment in the required quantity and in operating mode on its own or by the persons engaged by it and at its own expense, develop all documents in the field of fire safety, independently enter into the
contracts for maintenance and repair of the Facility’s fire protection systems, regularly conduct drills on evacuating people in case of fire and extinguishing fires. 

Shall not use the Facility: 

9.5.1.    for any purposes contrary to the Permitted Use; 

9.5.2.    in any way that would cause material interference or damage to the Lessor or third parties; 

9.5.3.    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; 
 9.5.4.     in any prohibited way at which the level of explosion-fire hazard increases; 

9.5.5.    in any way that interferes with the operation of the heating, ventilation system; 

9.5.6.    in any way that invalidates or cancels the Certificate of Insurance. 

9.6.    Pollutants and malfunctions 

The Lessee shall: 
 9.6.1.    promptly
inform the Lessor in writing of any malfunctions, pollutants or harmful substances at the Facility; 

  
 29 

 9.6.2.    if so required by the Lessor or the Public Authority, immediately
remove any such pollutants or harmful substances from the Facility, except for stored goods the factory packaging of which is not disturbed, and rectify the malfunctions, if any, resulting from the actions of the Lessee.  

9.7.     Parking 
 The Lessee shall
not be entitled to use the Parking for the purposes other than parking cars at the Parking. 
 The Lessee is provided with the parking slots indicated on
the Parking Plan (Appendix No. 6 (Clause 19.8.6) for parking of passenger vehicles, freight vehicles, and buses. The Lessor shall not be liable for any damage caused to cars, goods or property or bodily injury (whether fatal or not) to
individuals at the Facility related to use of the Parking by the Lessee, and the Lessee shall indemnify the Lessor for any damages that the Lessor may incur in connection therewith. 

9.8.     Lessor’s access 
 The
Lessee shall provide the Lessor with access to the Facility 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: 
 9.8.1.    inspecting and checking the Facility; 

9.8.2.    allowing potential lessees or buyers of the Facility or actual or potential lenders of the Lessor to conduct inspection;

 9.8.3.    control and elimination of the consequences of the Lessee’s violation of its obligations hereunder by its own
forces or by a contractor; 
 9.8.4.    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. 
 9.9.     Statutory
requirements 
 Comply with the applicable laws of the Russian Federation and the requirements of all authorized bodies/agencies with respect to the
Facility 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 Facility or use thereof. 

9.10.     Other duties 
 Perform other
duties established by other clauses of this Lease Agreement and Appendices hereto. 
 The Lessee shall immediately but in any case within a period of no
more than three (3) business days inform the Lessor of any damage or destruction of the Facility that has become known to the Lessee, as well as other damage caused to the Facility. If the Lessee causes damage to the Lessor’s property, the
Lessee shall indemnify the Lessor for damage caused by the Lessee to the Facility, Utilities 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. In case of the Lessee’s disagreement with the amount of damage determined by the Lessor, the Lessee shall within ten (10) business days upon receipt of the Lessor’s written request send to the Lessor motivated 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 the independent expert engaged by the Parties. 

  
 30 

 9.10.1.    The Lessee shall immediately inform the Lessor (with the provision of
copies of the documents) on receipt of any notices, orders, claims, instructions, etc. from the Public Authorities concerning the Facility or any part thereof, as well as about everything that may infringe interests of the Lessor or lead to
temporary or permanent closure of the Facility. The Lessee shall immediately take all actions necessary to properly meet statutory requirements of the Public Authorities and their departments. If, as a result of the Lessee’s failure to comply
with the terms of this clause, a fine has been imposed on the Lessor by the competent supervisory authorities for violations committed by the Lessee, the Lessee shall compensate for the losses incurred in full on the basis of the documentary
evidence of the Lessor’s payment of the imposed fine, as well as indemnify any other losses within ten (10) business days upon receipt of the written request and the relevant invoice from the Lessor. 

9.10.2.    The Lessee shall prevent personnel who do not have the citizenship of the Russian Federation and at the same time do not
have a permit to work in the territory of the Russian Federation, issued in accordance with the applicable laws of the Russian Federation. The Lessee guarantees compliance with the migration laws of the Russian Federation, and the Lessee shall bear
full responsibility for non-compliance with the applicable laws of the Russian Federation, including (inter alia) labor, migration, tax, public sanitation and disease control, environmental laws. 

9.11.     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: 

9.11.1.    Clause 9.4 hereof, and fails to eliminate such violation within fifteen (15) calendar days upon receipt of the
Lessor’s notice on the violation or within a longer 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 ten thousand rubles (RUB
10,000) for each calendar day of such failure; 
 9.11.2.    Clause 9.3 hereof, the Lessee shall, upon the Lessor’s request,
suspend the Lessee’s Works and pay the Lessor a fine worth one hundred thousand rubles (RUB 100,000), except for the violations which the Lessee will eliminate within fifteen (15) calendar days from the date of notification of the
violation; 
 9.11.3.    Clause 9.6 and/or Clause 11.1 hereof, and fails to eliminate such violation within five
(5) calendar days upon receipt of the Lessor’s notice on the violation or within a longer 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 thirty thousand rubles (RUB 30,000) for each calendar day of delay in such failure elimination; 

9.11.4.    Clause 9.7 hereof, and fails to eliminate such violation within fifteen (15) calendar days upon receipt of the
Lessor’s notice on the violation or within a longer 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 ten thousand rubles (RUB
10,000) for each fact of the violation; 

  
 31 

 9.11.5.    In case the Lessee fails to properly perform its obligations under
Clause 13.1 hereof, the Lessee shall, within five (5) business days upon receipt of the relevant Lessor’s request, pay the Lessor a fine (penalty) worth one hundred percent (100%) of the daily Lease Payment amount (calculated on the basis
of the Lease Payment rate for the last month of the Lease Period) for each day of delay in the Facility return in addition to the Lease Payment payable for the use of the Facility, as well as any costs incurred by the Lessor due to the Lessee’s
violation of the terms for the Facility return. 
 9.11.6.    Clause 9.9 hereof regarding notification of the Lessor on the
Lessee’s receipt of notifications from any competent authority/agency in relation to the Facility or use thereof, the Lessee shall, within ten (10) business days upon receipt of the relevant request of the Lessor, pay the Lessor a fine
worth thirty thousand rubles (RUB 30,000); at the same time: 
 9.11.6.1.     payment by the Lessee of the fine provided for
herein shall not relieve the Lessee from performance of the respective obligation; and 
 9.11.6.2.     in case the Lessee fails
to eliminate violations within thirty (30) calendar days upon receipt of the Lessor’s request, the Lessor shall have the right, on its own or by third parties and at its own expense, to 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 it 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 

  

	b)	 the Lessee shall be liable for failure to perform or improper performance of the obligations only in case of
its failure to eliminate the violation within thirty (30) calendar days upon receipt of the Lessor’s notice; 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 fault of the Lessee and/or the Sublessee and/or other third parties and/or the Lessee’s visitors admitted to the Facility by the Lessee.

 9.11.7.    For each violation by the Lessee of the Permitted Use under Clause 9.1 hereof, the Lessee shall
pay the Lessor a fine worth one hundred thousand rubles (RUB 100,000); 
 9.11.8.    If the Lessee has not started the scheduled
repairs within the terms previously agreed upon by the Parties and has not eliminated these violations within fifteen (15) calendar days from the date of notification of the violation or within a longer period determined by the Lessor, the
Lessee shall pay the Lessor a fine worth fifty thousand rubles (RUB 50,000) (for each calendar day). 

  
 32 

 9.11.9.    For improper maintenance of the Facility (Clause 5.1 hereof) and for
failure to eliminate such violation within fifteen (15) calendar days from the date of notification of the violation or within a longer 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 thirty thousand rubles (RUB 30,000) for each calendar day. 

9.12.    In case of an overdue Lease Payment due by the Lessee and exceeding one-fourth of
the Lease Payment amount specified in Clause 7.1.1 hereof which is not repaid by the Lessee for more than thirty (30) consecutive calendar days and continues to exist in the amount exceeding one fourth of the Lease Payment amount specified in
Clause 7.1.1 hereof, the Lessor has the right to limit power, gas, water supply, water disposal at the Facility, limit the Lessee’s access to the Facility, close the Facility until full repayment of the Lease Payment arrears. 

10.     LESSOR’S OBLIGATIONS 

The Lessor shall: 
 10.1.     Facility
provision 
 The Facility has been delivered to the Lessee under the terms of this Lease Agreement. The Lessee confirms that the Facility and its
equipment meet the requirements therefor, and the Facility is provided with well-functioning Utilities, does not have significant deficiencies. The Facility Acceptance Certificate signed by the Parties (which is given in Appendix No. 2 hereto)
shall be the document confirming proper performance by the Lessor of the obligation to provide the Facility. 
 10.2.     Quiet
enjoyment 
 Provided that the Lessee makes the Lease Payment on time, the Lessor shall grant the Lessee the right to use the Facility without
interference or interruption. At the same time, the Lessee agrees that the Lessor (or persons vested with such right) shall be entitled to perform certain equipment works, provided that such actions of the Lessor do not violate the Lessor’s
obligations hereunder, do not create obstacles or significant difficulties to the Lessee in using the Facility in accordance with the Permitted Use; and in respect of equipment works the Lessor shall notify the Lessee in no later than three
(3) business days, except for emergencies and accidents when such notification is not required. 
 10.3.     Lessor and
Lessee’s Operational Maintenance 
 The Lessor shall provide the Lessor’s Operational Maintenance except for the Lessee’s Operational
Maintenance which the Lessee shall perform in accordance with this Agreement, and the Lessee shall compensate (reimburse) the Lessor for its Operating Expenses subject to the procedure and in the amount provided for herein (Clause 7.2 hereof). 

  
 33 

 10.4.    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, 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 Facility 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. 
 10.5.    The Lessor shall have the
right to sell the Facility, but only in its entirety and subject to the following restrictions. The Lessor shall not sell the Facility to persons affiliated with entities using trademarks, service marks or name without prior inviting the Lessee to
exercise the preemptive right to purchase the Facility under the terms of the agreement with the above persons: ...; as well as entities included in the rating of ... as of the date closest to the date of sale. 

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 Lessor shall have the right to sell the Facility, but only in its entirety, to another Fiduciary Manager of the Investment Fund, if it or its affiliates
do not operate in the same commodity market in which the Lessee operate its main business. 
 10.6.    The Lessor shall have the
right to pledge the Facility in order to ensure performance of the Lessor’s obligation to repay the loan received by the Lessor for the purchase of the Facility and to pay interest for the use of such loan, fees and other payments under such
loan agreement. 
 10.7.    The Lessor shall have the right (without limitations, except for Clause 10.5 hereof) to sell,
transfer rights and obligations, pledge and otherwise dispose of its rights to the Facility (in general) and to transfer its rights and/or obligations or to pledge its rights under the Agreement (in general) in any event without the additional
consent of the Lessee, which in all such cases, where such consent is required by applicable law, shall be given by the Lessee (subject to the limitations provided by the Agreement) by signing the Agreement. At the same time, the Lessor shall notify
the Lessee of these actions in writing within thirty (30) calendar days from the date of any of the above actions. 

10.8.    In accordance with Article 613 of the Civil Code of the Russian Federation, the Lessor shall also notify the Lessee that
the leased Facility or any part thereof may be further encumbered with the rights of third parties (the right of pledge, the right of subsequent pledge) with the limitations set forth in Clause 10.6 hereof. Such notification shall be deemed to be a
proper performance of the Lessor’s obligation and shall not entitle the Lessee to reduce the Lease Payment and/or indemnity, and/or to terminate this Agreement. 
  

	11.	 RIGHTS AND OBLIGATIONS ASSIGNMENT AND SUBLEASE 

11.1.    Without prior written consent of the Lessor the Lessee shall not be entitled to: (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 Facility or any part thereof and also transfer thereof into ownership or
otherwise use to the third parties. 

  
 34 

 11.2.    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 11.1 hereof before signing such an agreement. 

11.3.    The Lessee shall provide to the Lessor a copy (certified by the Lessee) of any agreement set forth in Clause 11.1 hereof
and the original of such agreement (for comparison and notarization by the Lessor) within five (5) business days from the date of such agreement execution. The Lessee shall ensure termination of all sublease agreements before expiry or early
termination of this Agreement. The Lessee shall ensure absence of any preemptive right of sublessees to the conclusion of direct lease agreements. 

11.4.    Notwithstanding the conclusion of any sub-lease agreement regarding the Facility
in accordance with this Lease Agreement, the Lessee shall be responsible for the performance of its obligations hereunder. The Lessee shall promptly remedy any breach of its obligations hereunder caused by the sublessee and indemnify the damage. All
sublessees and assignees shall be subject to the terms and conditions of this Agreement. Any action or omission by the sublessee which would be deemed to be a violation of the provisions of this Agreement if such action or omission was committed by
the Lessee, shall be deemed to be violation of this Agreement. 
 11.5.    Notwithstanding the provisions of this Clause 11
hereof, in respect of the following companies: Internet Logistics LLC (OGRN 1076949002261, INN 6949003359), Ozon Holding LLC (OGRN 5167746332364, INN 7743181857), O-courier LLC (OGRN 1197746546733, INN
7724489332) and Ozon Technologies LLC (OGRN 1197746313940, INN 7703475603) the Lessor’s consent was obtained (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 Lessor with a copy of the signed sub-lease agreement within ten (10) calendar days from the date thereof. 
 11.6.    The
Lessor agrees that the Lessee will sublease: 
 11.6.1.    Premises of industrial and logistic complex 4 (c/n 69:10:0000025:5223)
of 75.8 sq.m to the sublessee .... 
 11.6.2.    The Facility premises of 590.1 sq.m to the sublessee .... 

11.6.3.    Premises of industrial and logistic complex 1 (c/n 69:10:0000025:1306) of 3 sq.m and Premises of industrial and logistic
complex 4 (c/n 69:10:0000025:5223) of 4 sq.m to the sublessee .... 
 11.7.    The Lessee include in all its sublease
agreements regarding the Facility a provision on availability of its right to unilateral unmotivated repudiation of the sublease agreement with notification of the sublessee within thirty (30) days prior to the sublease termination, and to
exercise this right upon the request of the Lessor. 

  
 35 

	12.	 RESPONSIBILITY OF THE PARTIES. TERMINATION OF THE LEASE AGREEMENT 

12.1.    Early termination of this Lease Agreement may take place: 

12.1.1.    By mutual agreement of the Parties; 

12.1.2.    By litigation, on the grounds stipulated by Articles 619 and 620 of the Civil Code of the Russian Federation, provided
that the Party that decided to terminate the Agreement sends to the other Party a claim to eliminate violations that may serve as a ground for termination. If the other Party does not eliminate the violations within thirty (30) calendar days
upon receipt of the respective claim, the Party-claimant shall have the right to apply to the court for termination of the Agreement; 

12.1.3.    Based on the grounds established by this Lease Agreement, namely Clause 12.2 hereof. 

12.2.    If the Lessee has overdue Lease Payment for the amount equal to or exceeding
one-fourth of the Lease Payment amount specified in Clause 7.1.1 hereof, the Lessor shall have the right, acting unilaterally and out of court, to repudiate the Agreement in full (repudiation on the basis of
Clause 2 of Article 450.1 of the Civil Code of the Russian Federation) by notifying the Lessor in writing within ten (10) business days prior to the date of the proposed termination of the Agreement. 

Before exercising its right to unilateral repudiation of the Agreement on the ground as specified in this clause, the Lessor shall notify the Lessee in
writing of the overdue Lease Payment in the amount equal to or exceeding one-fourth of the Lease Payment specified in Clause 7.1.1 hereof and provide it with at least thirty (30) calendar days from the
date of such notice to eliminate the violation. If the Lessee eliminates such violation in full within the period specified in the notification, the Agreement will not be deemed terminated. 

12.3.    Any termination of this Lease 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 Lease Agreement in accordance with Clause 12.1 and Clause 12.2 hereof by the Lessee). 

12.4.    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. 

12.5.    Regardless of other rights and remedies which the Lessee has under this Lease Agreement or under the law, if the Lessee
terminates this Lease Agreement due to violation thereof by the Lessor, the Lessee shall have the right to demand payment from the Lessor, and the Lessor shall pay a penalty in the amount equal to twelve (12) monthly Lease Payments (at the
rates in effect at the time of the Lease Agreement termination) and, in addition to the penalty, reimburse the Lessee for its documented expenses of the Lessee’s Works. 

12.6.    Regardless of other rights and remedies which the Lessor has under this Lease Agreement or under the law of the Russian
Federation, if the Lessor terminates this Lease Agreement due to violation thereof by the Lessee, the Lessor shall have the right to demand payment from the Lessee, and the Lessee shall pay a penalty in the amount equal to twelve (12) monthly
Lease Payments (at the rates in effect at the time of the Lease Agreement termination) and, in addition to the penalty, reimburse the Lessor for its documented expenses related to the Lessee’s failure to perform its obligations hereunder, and
subject to Clause 7.12.1.11 hereof the amount of the Security Payment shall not be returned to the Lessee and shall remain in the Lessor’s possession as a penalty to be offset against payment of the penalty provided for in this clause but not
in addition thereto. 

  
 36 

 12.7.    Notwithstanding the provisions of other clauses of this Lease Agreement,
the aggregate liability of any Party hereunder shall be limited to the amount of actual damage caused to the other Party and the accrued amounts of penalties, and the aggregate liability of any Party under or in connection with this Lease Agreement
(including liability in the form of reimbursement of any expenses (excluding transport expenses and those related to employment relations), losses, damages, as well as payment of penalties, compensation or any other amounts) and in connection with
the termination of this Lease Agreement shall be limited to the amount of the Lease Payment which would be payable for the lease of the Facility for twelve (12) months based on the rates specified for the relevant year of the Lease Period.
Under no circumstances shall any Party be obliged to indemnify the other Party for lost profit, indirect losses or unreasonable expenses. In case of conflict of this Clause with other provisions of this Lease Agreement, the provisions of this Clause
shall apply, except for the provisions of Clause 12.8 hereof. 
 12.8.    Limitation of liability shall not apply to the
liability of the Parties if, due to wrongful acts and/or omissions of one of the Parties, the Facility is partially damaged and/or destroyed, and the other Party, despite proper performance of its obligations to insure the Facility, is deprived of
the opportunity to receive insurance compensation. The fault of the Party shall be proved by the other Party. 
  

	13.	 RETURN OF THE FACILITY 

13.1.    The Lessee shall on the last day of the Lease Period or, in the event of termination hereof, on the date of termination of
this Lease Agreement (regardless of the reasons for such termination): 
 13.1.1.    return the Facility to the Lessor under the
Facility Return Certificate (including all Utilities with installed terminal equipment, except the equipment owned by the Lessee) in serviceable, clean and repair-free condition (taking into account normal wear, without any mechanical damage
(potholes, shear) of the floor, walls, doors, windows and their jambs), with no equipment installed or located at the Facility for its use under the Permitted Use/Target Use and/or other things of the Lessee and/or third parties in accordance with
other obligations of the Lessee hereunder. In case of non-compliance with the specified provisions, the Lessee shall carry out repairs at the Facility within the terms agreed upon by the Parties. The list of
transferred improvements shall be determined by the Parties, which the Parties shall agree upon two (2) months before the end of the Lease Agreement. The Parties hereby confirm that the Lessor has no commercial interest in acquiring the
Permanent Improvements; 
 13.1.2.    upon the Lessor’s request within the period prior to the return, remove all permanent
improvements and any other modifications and improvements (whether made with or without the Lessor’s consent) made during the period of use of the Facility by the Lessee and to repair any damage to the 

Facility or parts thereof occurred after such dismantling; 

13.1.3.    remove all sign boards, all property of the Lessee, including furniture, garbage and other objects from the Facility and
Land Plots, as well as vacate parking slots in the Parking and eliminate in full any damage caused by this in a manner satisfactory to the Lessor; 

  
 37 

 13.1.4.    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. 

13.2.    In case the Lessee fails to properly perform its obligations in accordance with Clause 13.1 the Lessee shall at the
Lessor’s request pay the latter: 
 13.2.1.     documented and substantiated amount of costs incurred in connection with
damage to the Lessor’s property during removal of the Lessee’s property, as well as costs incurred by the Lessor in correcting or eliminating the violation; 

13.2.2.    The Lessee shall pay the Lessor the Lease Payment for the period prior to the transfer of the Facility to the Lessor, as
well as the penalties specified in Clause 9.11.5 hereof. 
 13.3.    The document confirming proper performance by the Lessee of
its obligation to return the Facility shall be the certificate on the Facility acceptance (return) (hereinafter - the Facility 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 Facility Return Certificate within ten (10) business days upon receipt of the Facility Return Certificate by the Lessor, the Facility Return Certificate shall be deemed to be duly signed. 

13.4.    Unless otherwise set forth herein, the cost of the Lessee’s Permanent Improvements to the Facility, whether made with
or without the consent of the Lessor, shall not be reimbursed to the Lessee upon the Agreement termination. When the Lessee performs any work on equipment, arrangement, decoration and improvement at the Facility, the Lessor shall not indemnify the
losses, share the expenses incurred by the Lessee, including in the form of the Lease Payment reduction. Removable Improvements shall be the property of the Lessee. 

13.5.    If the Lessee does not remove all its property or the property of third parties from the Facility or part thereof after
termination of this Lease Agreement (regardless of the grounds for such termination), the Lessor shall have the right to consider the property left by the Lessee as intentionally left or abandoned and to dispose of it at its discretion. The Lessee
shall compensate the Lessor for all expenses related to release of the Facility from the property of the Lessee or the property of third parties, storage, removal, sale and disposal of such property. At the same time, the Lessor will not be liable
to the Lessee or third parties for loss of such property. 
 13.6.    Early vacation of the Premises by the Lessee (in the
absence of legal grounds) shall not constitute the ground for termination of the Lessee’s obligation to pay the Lease Payment before the End Date of the Lease Period. 

13.7.    For the avoidance of doubt, any delay in vacation and transfer of the Facility by the Lessee to the Lessor shall not be
deemed an extension of the Lease Period hereunder. 
 13.8.    In the period (if any) after the Agreement expiry until actual
vacation of the Premises, the Lessee shall comply with all obligations set forth herein. 

  
 38 

	14.	 FORCE MAJEURE EVENTS 

14.1.    Each of the Parties shall be released from liability for full or partial failure to perform its obligations hereunder, if
such failure has been caused by Force Majeure Events having occurred after making this Agreement. The release of liability refers only to the obligation whose duly performance has become impossible due to such Force Majeure Events and only for the
duration period of the Force Majeure Events. 
 14.2.    The Parties invoking the Force Majeure Events shall immediately after
occurrence of such events notify the other Party of them in writing. 
 14.3.    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 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. 
  

	15.	 NOTICES 

15.1.    Any notices, approvals, consents, permits or other communications in connection with this Lease Agreement shall be made in
writing and shall be delivered to the address of the Party (including the email address specified in this clause) by registered mail with the list of enclosures and with a notice of delivery or delivered by courier to the postal address specified in
this clause. 
 The Parties recognize that the exchange of email messages between the competent persons of the Parties is a means of confirming or refusing
to perform actions and such messages will be recognized as evidence when considering disputes in court, however, if there is a paper document received by the addressee earlier than by email, and with the content contrary to the content of the email
message, a paper document will have the priority evidential significance. 
 15.2.     The Parties’ mailing addresses: 

 

			
	Lessor:	  	Lessee:
		
	Internet Logistics Limited Liability Company	  	Internet Solutions Limited Liability Company
		
	 Mailing address:
  

170540, Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial area, complex 1
A
	  	 Mailing address:
  

123112, Moscow, Presnenskaya nab., 10, Premises i, Floor 41, Room 6

		
	 Attention:
  

General Director
	  	 Attention:
  

General Director

  
 39 

 15.3.    If a Party changes its bank and/or postal (including electronic)
details, it shall immediately notify the other Party. Such changes shall be deemed effective upon receipt by the other Party of the notice of such change. Until due notification of the changes in bank and/or postal (including electronic) details,
all notifications/other documents etc. arising out of the Agreement and sent to previous bank and/or postal (including electronic) details shall be deemed to be proper performance of the obligations hereunder. All risks associated with failure to
notify or as a result of failure to notify shall be borne by a Party which has failed to comply with its obligations under this clause. 

15.4.    All notifications, notices, communications, claims and other correspondence of the Parties shall be sent in the manner
provided for in this section and shall be deemed to be duly sent to the Party that is the addressee thereof: 
 15.4.1.    when
delivered personally or by a courier - at the time of transfer upon return receipt requested; 
 15.4.2.    when delivered by
registered mail with notice of delivery to the address specified in Clause 20 of the Agreement “Details and Signatures of the Parties” - at the time of delivery to the addressee. If the addressee is absent at the specified address or does
not visit the post office within five (5) business days upon arrival of the letter at the post office, the registered letter shall be deemed to be handed over to the addressee, and the sender shall be deemed to have fulfilled his obligation on
notification; 
 15.4.3.    in case of electronic transfer - at the moment of delivery to the Party’s electronic address
specified in Clause 20 of the Agreement “Details and Signatures of the Parties”. 
  

	16.	 STATE REGISTRATION OF THE LONG-TERM LEASE AGREEMENT 

16.1.    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 Lease Agreement by a competent public authority. 
 16.2.    The Lessor shall
ensure submission of the Lease Agreement for state registration within five (5) business days from the date of signing hereof by the Parties and submission of the documents by the Lessee in accordance with Clause 16.1 hereof. The Lessor shall
pay the cost of the state fee for the state registration of the Lease Agreement. 
 16.3.    If any additional documents or
information are requested by the competent public authority for the purpose of the state registration of the Lease 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 Lease Agreement. 

16.4.    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 Lease Agreement by the competent public authority. 
  

	17.	 CONFIDENTIALITY 

17.1.    Each Party agrees not to use for any purposes not related to this Lease Agreement or to disclose to third parties (except
as set forth in Clause 17.2) the terms and conditions of this Lease Agreement or any other related documents without the prior written consent of the other Party. 

  
 40 

 17.2.    The restrictions set forth in Clause 17.1 hereof do not apply to
disclosure of the information: 
 17.2.1.    if such information shall be disclosed according to the applicable laws; 

17.2.2.    upon request of any other competent authority/agency to the extent it is required according to the applicable Russian
laws; 
 17.2.3.    to professional consultants or auditors of the Party; or 

17.2.4.    (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 Facility, or other buildings on the Land Plot (to buyers, creditors, competent authorities, or other persons) 

17.2.5.    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 Lease Agreement on the Parties’ financial obligations, the Parties’ liability for non-performance or improper performance of obligations hereunder. 

 

	18.	 APPLICABLE LAW AND DISPUTE RESOLUTION 

18.1.    This Lease Agreement is regulated by the laws of the Russian Federation. 

18.2.    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 court for resolution only after the Parties have taken measures for mandatory pre-trial dispute resolution by
negotiation within ten (10) business days from the date of delivery of the relevant claim to the Party to which it was addressed. 

18.3.    If any dispute is not resolved within ten (10) business days from the date of delivery of the relevant claim to the
Party to which it was addressed, any dispute, disagreement or claim arising out of or in connection with this Agreement, including those relating to entry into force, conclusion, modification, performance, breach, termination or validity hereof,
shall be subject to consideration by the Arbitrazh (Commercial) Court of Moscow. 
  

	19.	 MISCELLANEOUS 

19.1.    The Parties shall give each other the following representations about the circumstances essential for the conclusion,
performance or termination of the Agreement, namely: the Party has obtained all the necessary consents, permissions and approvals; the Party has no signs of insolvency, bankruptcy, there are no bases to believe that such signs may arise; the Party
pays all mandatory payments, taxes and fees, has no overdue debts; the Party is not subject to any claims threatening that the Party will be forced to cease operations, change the main activity, and significantly change the scope of its business;
the Lessor does not expect limitation or encumbrance of its rights to the Facility. The representations provided by the Party are of material importance to the other Party, each Party enters into the Agreement relying on the validity of the
representations given by the other Party. 

  
 41 

 19.2.    In interpreting this Lease Agreement, it shall be taken into account
that: 
 19.2.1.    any obligation of the Lessee not to commit any action includes an obligation not to allow commission of such
action; 
 19.2.2.    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; 
 19.2.3.    references to the Lessee’s actions
or violation of obligations include actions or omissions, or violation of obligations, or unfair performance of obligations by the sublessee or any person located at the Facility with the permission of the Lessee or the sublessee; 

19.2.4.    “days” means calendar days unless otherwise expressly stated; 

19.2.5.    the words “including”, “include” shall be considered without limitation of interpretation to those
listed; 
 19.2.6.    the headings of clauses and Appendices of this Lease Agreement are given for convenience only and shall not
be used to interpret the contents of the Agreement; 
 19.2.7.    unless the context indicates otherwise, any reference to the
clause or Appendix means a reference to the relevant Clause or Appendix of this Lease Agreement; 
 19.2.8.    references to
“expenses” include any losses, damage and properly incurred expenses and costs, but do not include loss of profit; 

19.2.9.    any Lessor’s right of access or entry to the Facility shall apply to all persons duly authorized by the Lessor;

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

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

19.4.    If any provision of this Lease Agreement is deemed by a court resolution or otherwise invalid, unlawful or unenforceable
for any reason, it shall not affect the remaining provisions hereof. 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. 

19.5.    A material change in the circumstances from which the Parties proceeded at the conclusion of this Lease 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 Lease Agreement by either Party. 

19.6.    This Lease Agreement is signed in four (4) copies of equal legal force, one (1) copy - for each of the Parties
and two (2) copies - for the competent public authority performing state registration hereof.  
 19.7.     This
Lease Agreement has been drawn up and is subject to interpretation and regulation in accordance with the applicable Russian laws. 

  
 42 

 19.8.    This Lease Agreement contains the following Appendices forming an
integral part hereof: 
  

			
	19.8.1. Appendix No. 1	  	A List of immovable property being part of the Facility; B List of movable property being part of the Facility; C Encumbrances of the Facility; D Property subject to property tax;
		
	19.8.2. Appendix No. 2	  	Facility Acceptance Certificate;
		
	19.8.3. Appendix No. 3	  	Certificate of Delineation of Operational Responsibilities;
		
	19.8.4. Appendix No. 4	  	List of Warehouse Equipment Pledged to the Lessor;
		
	19.8.5. Appendix No. 5	  	Insurance Obligations of the Parties;
		
	19.8.6. Appendix No. 6	  	Parking Plan.
		
	19.8.7. Appendix No. 7	  	Hazardous Goods Area;
		
	19.8.8. Appendix No. 8	  	Extracts from the Unified State Register of Immovable Property in relation to immovable property being part of the Facility;

  

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

 

			
	 Lessor:
  

Internet Logistics Limited Liability Company
	  	 Lessee:
  

Internet Solutions Limited Liability Company

		
	 OGRN 1076949002261
  

INN 6949003359
  

KPP 694901001
	  	 OGRN 1027739244741
  

INN 7704217370
  

KPP 997750001

		
	 Address:
  

170540, Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial
area, complex 1 A
	  	 Address:
  

123112, Moscow, Presnenskaya nab., 10, Premises i, Floor 41, Room 6

		
	 General Director
	  	Attorney under Power of Attorney dated June 17, 2020
certified by Yulia Vladimirovna Krylova, Notary of Moscow, Protocol No. 77/719-n/77- 2020-1-1182
		
	
            /signature/       
     /A.I. Pavlovich/
	  	            /signature/            /A.V. Geil/
		
	 /Seal: Internet Logistics Limited Liability Company/
	  	/Seal: Internet Solutions Limited Liability Company/

  
 43 

 Appendix No. 2 

to Long-Term Lease Agreement for Buildings, Facilities and Structures dated August 04, 2020 

ACCEPTANCE CERTIFICATE 

August 04, 2020                 

Internet Logistics Limited Liability Company, a legal entity incorporated and existing in accordance with the laws of the Russian Federation,
registered by Interdistrict Inspectorate No. 12 of the Federal Tax Service for the Tver Region on December 27, 2007 with the Primary State Registration Number (OGRN) 1076949002261, INN 6949003359, KPP 694901001, with its registered office
located at: 170540, Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial area, complex 1 A, represented by General Director Petrov Andrey Igorevich, acting under the
Articles of Association, (hereinafter - the Lessor), and 
 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 24, 2002 with the Primary State Registration Number (OGRN) 1027739244741,
INN 7704217370, KPP 770301001, with its registered office located at: 123112, Moscow, Presnenskaya nab., 10, Premises i, Floor 41, Room 6, represented by Geil Alexander Vladimirovich, acting under Power of Attorney dated June 17, 2020,
certified by Moscow Notary Yu.V. Krylova, Protocol No. 77/719-n/77-2020-1-1182,
(hereinafter - the Lessee); 
 hereinafter collectively referred to as the Parties and individually as the Party, have made this
Acceptance Certificate (hereinafter - the Certificate) as follows: 
  

	 	1.	 In accordance with the terms of the Long-Term Lease Agreement for Buildings, Facilities and Structures made by
the Parties on August 04, 2020, by signing this Certificate, the Parties confirm that the Lessor has transferred, and the Lessee has accepted for temporary possession and use the Facility located at: Tver Region, Kalininsky District,
Burashevskoye rural settlement, Borovlevo-2 industrial area, complex No. 1 A. The Facility is specified in detail in Appendices No. 1A and 1B to the Agreement.

  

	 	2.	 The Lessor shall transfer and the Lessee shall accept hereunder the utilities and equipment specified in
Appendices No. 1D and 1B to the Agreement. 

  

	 	3.	 At the time of transfer, the utilities and equipment comply with the terms of the Agreement and are suitable
for operation. The Parties conducted external inspection of the state of the utilities and equipment, checked operability thereof, during which process no comments were revealed. 

	 	4.	 The utilities located at the Facility are in good condition at the time of this Certificate execution.

  

	 	5.	 The Lessee confirms that the Facility is fully usable under the Permitted Use/Target Purpose in accordance with
the terms of the Agreement. 

  

	 	6.	 The Facility is free of any movable property belonging to the Lessor which would impede or complicate exercise
of the Lessee’s rights under the Agreement. 

  

	 	7.	 A set of keys for all entrance doors of the Facility and other locking doors was also handed over to the
Lessee, as well as a set of documentation according to the list as per Clause 3.3. of the Agreement necessary for use of the Facility under the Permitted Use/Target Purpose, maintenance and operation of the Facility. 

 

	 	8.	 The Lessee has no claims or comments regarding the condition of the transferred Facility.

  

	 	9.	 The Facility was transferred to the Lessee in a condition fully complying with the provisions of the Lease
Agreement. The obligations of the Parties for acceptance and transfer of the Facility for lease have been fulfilled in full and with due care. 

  

	 	10.	 This Certificate is signed in four (4) copies of equal legal force, one (1) copy - for each of the
Parties and two (2) copies - for the competent registration authority. 

  

	 	11.	 Unless otherwise set forth in this Certificate, the capitalized terms used therein shall have the meanings
specified for such terms in the Agreement. 

 Signatures of the Parties: 

 

					
	 Lessor:
  

            /signature/           
 /A.I. Pavlovich/
  
 /Seal: Internet Logistics Limited Liability
Company/
	 	 

                

	 	 Lessee:
  

            /signature/           
 /A.V. Geil/
  
 /Seal: Internet Solutions Limited Liability
Company/EX-10.22

 Exhibit 10.22 

69 A A [Number of the letterhead of the Notary Public] 

REAL ESTATE 
 SALE AND
PURCHASE AGREEMENT 
 Tver Region, Molokovo village, the twenty-fifth of September, two thousand and twenty. 

We, INTERNET LOGISTICS LIMITED LIABILITY COMPANY, Taxpayer Identification Number (INN) of the legal entity: 6949003359, Primary State
Registration Number (OGRN): 1076949002261, date of the state registration: December 27, 2007, name of the registration authority: Interdistrict Inspectorate No. 9 of the Federal Tax Service for the Tver Region, Reason for Registration Code
(KPP): 694901001, registered address: 170540, TVER REGION, KALININSKY DISTRICT, BURASHEVSKY RURAL SETTLEMENT, BOROVLEVO-2 INDUSTRIAL AREA, COMPLEX 1 A, represented by GEIL ALEXANDER VLADIMIROVICH,
date of birth: ..., place of birth: ..., passport ..., residing at: ..., acting under the Power of Attorney certified by Yulia Vladimirovna Krylova, Notary of Moscow, on August 13, 2020, Protocol
No. 77/719-n/77-2020-5-2348, hereinafter referred to as the Seller, for the one
part, and TETIS CAPITAL (FIDUCIARY MANAGER OF CLOSED-END INVESTMENT FUND TETIS CAPITAL), Taxpayer Identification Number (INN) of the legal entity: 7709853192, Primary State Registration Number
(OGRN): 1107746374262, date of the state registration: May 06, 2010, name of the registration authority: Interdistrict Inspectorate No. 46 of the Federal Tax Service for Moscow, Registration Reason Code (KPP): 710201001, registered address:
129090, MOSCOW, BOTANICHESKY LANE, 5 (five), License No. 21-000-1-00810 for management of investment funds, mutual
investment funds and private pension funds, issued by the Federal Service for Financial Markets on April 21, 2011, represented by General Director SHEVELEVA OKSANA VIKTOROVNA, date of birth: ..., place of birth..., passport ...,
residing at: ..., acting under the Articles of Association, hereinafter referred to as the Buyer, for the other part, hereinafter collectively referred to as the Parties, and individually as the Party, have entered into this
Real Estate Sale and Purchase Agreement (hereinafter - the Agreement) as follows. 

1.    SUBJECT MATTER 

1.1.    The Seller undertakes to transfer to common ownership of the owners of investment shares of the
closed-end investment fund managed by Tetis Capital data on which are established on the basis of the data of the personal accounts of the owners of investment shares in the register of investment shares and
securities accounts of the owners of investment shares, and the Buyer undertakes to accept into common ownership of the owners of investment shares of the closed-end investment fund managed by Tetis Capital,
the data on which are established on the basis of the data of the personal accounts of the owners of investment shares in the register of investment shares and securities accounts of the owners of investment shares, and pay the immovable property
located at the addresses: Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial area, complex No. 1 A; Tver Region, Kalininsky District, Burashevskoye rural settlement,
Sadykovo village (hereinafter - the Immovable Property). 
 The list of the Immovable Property and its characteristics are specified in Appendix
No. 2 hereto. 
 1.2.    The Immovable Property is owned by the Seller under the right of ownership, which is confirmed by the
state registration of the right of ownership, references to which are specified in Appendix No. 2 hereto. 
 1.3.    The Immovable
Property will be transferred together with its fixtures named in Appendix No. 2 hereto. 

 1.4.    As of the date of registration of the Buyer’s ownership rights hereunder,
the Immovable Property is encumbered by the following rights of third parties: 
 1.4.1.    Immovable Property (except for the property
specified in Clauses 13, 25, 45-49 of Appendix No. 2), as well as the Immovable Property fixtures, are encumbered by the right to lease in favor of Internet Solutions LLC (INN 7704217370, OGRN
1027739244741). 
 1.4.2.    The following Immovable Property as set forth in Appendix No. 2. is encumbered by the right to
sublease: 
  

	•	 	 Premises of Industrial and Logistics Complex, bldg. 4 (c/n 69:10:0000025:5223) with an area of 75.8 sq.m,
sublease in favor of Tsentr Meditsiny Truda LLC, OGRN 1195074009250, INN 5043067591, address: Moscow Region, Serpukhov, Khimikov str., 1, Office 303, Floor 3. 

 

	•	 	 Premises of Industrial and Logistics Complex, bldgs. 1 and 2 (c/n 69:10:0000025:1306) and Premises of Industrial
and Logistics Complex, bldg. 4 (c/n 69:10:0000025:5223) with a total area of 487.8 sq.m, sublease in favor of Kombinat Delovogo Obsluzhivaniya LLC, OGRN 1126952018005, INN 6950152620, address: Tver, Uchitelskaya str., 54. 

 

	•	 	 Premises of Industrial and Logistics Complex, bldgs. 1 and 2 (c/n 69:10:0000025:1306) with an area of 3 sq.m, and
Premises of Industrial and Logistics Complex, bldg. 4 (c/n 69:10:0000025:5223) with an area of 4 sq.m, sublease in favor of sole entrepreneur Voytkevich A.O., OGRNIP 30669502270106, INN 690209812752, address: .... 

1.4.3.    The following Immovable Property specified in Appendix No. 2 is encumbered with easements: 

 

	•	 	 Land Plot (c/n 69:10:0000025:644) on the basis of the private easement agreement dated October 13, 2016,
state registration number 69-69/010-69/110/021/2016-927/2 in favor of Vodokanal LLC; on the basis of the private easement
agreement IL-Tv 4/16 dated September 20, 2016, state registration number 69-69/010-69/313/023/2016-845/2 in favor of
Kombinat ZHBI-6 LLC; 

  

	•	 	 Land Plot (c/n 69:10:0000025:648) on the basis of the private easement agreement dated April 13,2016, state
registration number 69-69/010-69/313/010/2016-768/2 in favor of Vodokanal LLC. 

1.5.    The Seller represents the Buyer of the circumstances essential to the Agreement conclusion, performance or termination, namely:
the Seller represents the Buyer that it has informed the Buyer of all encumbrances of the Immovable Property known to the Seller, such encumbrances of the Immovable Property are named in the text of this Agreement and Appendices hereto, the Seller
has provided the Buyer with all documents certifying encumbrances of the Immovable Property. The Buyer enters into this Agreement relying on the reliability of the representations given by the Seller. 

1.6.    The Buyer shall accept the title to the Immovable Property from the date of the state registration of the title transfer subject
to the procedure established by the applicable laws of the Russian Federation. 
 1.7.    Since the date of transfer of the title to the
Immovable Property to the Buyer, the Buyer assumes all rights and obligations of the owner of the Immovable Property to the extent that they exist at the time of conclusion of this Agreement. Since the date of transfer of the title to the Immovable
Property to the Buyer, the Buyer shall be entitled to all income (under the Real Estate Long-term Lease Agreement dated August 04, 2020 registered on August 13, 2020 by the Federal Service for State Registration, Cadastre and Cartography for
the Tver Region, a copy of which is given in Appendix No. 3 hereto (the Long-Term Lease Agreement)) from the possession and/or use of the Immovable Property (except for the property specified in Clauses 13, 25,
45-49 of Appendix No. 2) for the period beginning from the date of transfer of the title to the Immovable Property to the Buyer, in confirmation of which the Seller undertakes, within ten
(10) business days from the date of the state registration of transfer of the title to the Immovable Property to the Buyer, to ensure conclusion by the Buyer, the Seller and the Lessee (Internet Solutions LLC, INN 7704217370, OGRN
1087739244741) of the tripartite supplementary agreement to the Long-Term Lease Agreement. The Seller shall, in case of receipt of any income from possession and/or use of the Immovable Property starting from the date of the state registration of
transfer of the title to the Immovable Property to the Buyer, within ten (10) business days from the date of the income receipt or the date of the state registration of transfer of the title to the Immovable Property to the Buyer, whichever is
later, transfer the respective amounts of money to the Buyer. 

 69 A A [Number of the letterhead of the Notary Public] 

 

 1.8.    The Buyer is aware of the features of the Immovable Property and its fixtures
identified during the Immovable Property inspection carried out prior to the conclusion of this Agreement, which are recorded in Clause 2.1.12 of this Agreement; such features were taken into account when negotiating the price of this Agreement; the
Buyer is ready to accept the Immovable Property with such features, provided that they are eliminated by the Seller in accordance with Clause 2.1.12 of this Agreement; such features do not entail the consequences named in Article 475 and Article 557
of the Civil Code of the Russian Federation (hereinafter - the Civil Code of the Russian Federation). The features of the Immovable Property are not its essential deficiencies. The obligation of the Seller to eliminate the features of the Immovable
Property under the terms of this Agreement according to Clause 2.1.12 is an essential condition of this Agreement. 
 1.9.    The
obligation of the Seller to transfer the Immovable Property to the Buyer and acceptance thereof by the Buyer shall be carried out according to the Acceptance Certificate signed by the Parties (Appendix No. 1 hereto) and shall be deemed
performed at the time of delivery of such property to the Buyer (on the date of signing by the Parties of the respective Acceptance Certificate). Failure of one of the Parties to sign the Acceptance Certificate on the terms and conditions stipulated
hereby for more than ten (10) business days shall be deemed to be a refusal of the Seller to fulfill the obligation to transfer the property, and the Buyer’s - to accept the property, respectively. In case of ungrounded refusal of one of
the Parties to sign the Acceptance Certificate, a record about such fact shall be made in the Acceptance Certificate, and it shall be signed by the other Party. The refusal shall be deemed ungrounded if the written grounded refusal was not delivered
to the Party before the expiry of the term for performance of the obligation to transfer and accept the Immovable Property. Since the date of signing of the Acceptance Certificate by the Parties, the Buyer shall be responsible for the Immovable
Property, as well as accepts the risk of accidental damage thereto or total loss thereof. 
 2.    RIGHTS AND OBLIGATIONS OF THE
PARTIES 
 2.1.    The Seller shall: 

2.1.1.    Transfer the Immovable Property to the Buyer under the bilateral Acceptance Certificate drawn up in the form of Appendix
No. 1 hereto on the day of the state registration of transfer of the title to the Immovable Property to the Buyer hereunder. 

2.1.2.    Perform all actions within six (6) months from the date of the state registration of transfer of the title to the Immovable
Property from the Seller to the Buyer in order to ensure conclusion of tripartite agreements on the change of the owner under all private easement agreements listed in Clause 1.4.3 hereof, other than the easements issued in favor of Vodokanal LLC
the term of conclusion of tripartite agreements on the change of the owner for which is twenty (20) months from the date of the state registration of transfer of the title to the Immovable Property from the Seller to the Buyer, and submission
thereof on behalf of the Buyer to the authority carrying out the state registration of titles to immovable property and transactions therewith, make amendments to the data contained in the Unified State Register of Immovable Property in connection
with the easements following to the fortune of the Immovable Property for use of which easements are established, provided that the Buyer obtained the consent of the Issuing Bank, and, if necessary, registration thereof. Change of the date and
number of the state registration of easements in the relevant columns “restriction of the rights and encumbrance of the immovable property” in the Extracts from the Unified State Register of Immovable Property for the land plots
69:10:0000025:644 and 69:10:0000025:648 which (Extracts from the Unified State Register of Immovable Property) the Seller delivers to the Buyer as confirmation of the actions made, and also the list of the documents filed by the Seller to the
Unified State Register of Immovable Property, will be deemed to be the result of the Seller’s actions. The Buyer shall (if necessary) issue to the Seller’s representative(s) a notarized power of attorney to make amendments to the data
contained in the Unified State Register of Immovable Property in connection with the easements following to the fortune of the Immovable Property and to provide the relevant documents. 

 2.1.3.    Submit the documents to the notary at the location of the Immovable Property
and carry out all actions necessary for the state registration of transfer of the title to the Immovable Property in the Unified State Register of Immovable Property, as well as the documents for the state registration of the record in the Unified
State Register of Immovable Property on the pledge to the Seller of the Immovable Property within the period specified in Clause 2.3.1 hereof. 

2.1.4.    On the date of this Agreement, provide the Buyer with all information and data related to the transferred Immovable Property,
including the list of the documents transferred under the Long-Term Lease Agreement (Appendix No. 5). 
 2.1.5.    The Seller shall
ensure conclusion of a tripartite agreement with the Buyer and the Lessee on change of the Lessor under the Real estate Long-Term Lease Agreement within ten (10) business days from the date of the state registration of transfer of the title to
the Immovable Property from the Seller to the Buyer. 
 2.1.6.    On the date of this Agreement, reconcile settlements with the Lessee,
as a result of which the amount of the Security Payment received by the Seller from the Lessee under the Real Estate Long-Term Lease shall be recorded in a bilateral deed, with the aim of the Seller’s return to the Lessee of the Security
Payment made by the Lessee, and return such payment to the Lessee in full. The Seller’s return to the Lessee of the amount of the Security Payment and the Lessee’s obligation to pay the Buyer the Security Payment under the terms of the
Long-Term Lease Agreement shall be formalized by a tripartite supplementary agreement to the Long-Term Lease Agreement. 
 2.1.7.    Pay
to the Buyer, within ten (10) business days upon receipt of the Buyer’s request, the difference between the lease payment amounts due to the Buyer under the terms of the Real Estate Long-Term Lease Agreement agreed upon by the Buyer and
paid by the Lessee to the Buyer under the Long-Term Lease Agreement, if the Lessee is obliged under the Long-Term Lease Agreement to pay less lease payment than that under the terms of the Real Estate Long-Term Lease Agreement agreed upon by the
Buyer. The Buyer shall have the right at any time acting unilaterally and out of court to refuse to repudiate this Agreement if it reveals the differences (made before the Buyer became the Lessor) between the terms of the Real Estate Long-Term Lease
Agreement and the terms of the Real Estate Long-Term Lease Agreement agreed upon by the Buyer, the notarized copy of which with the stamp on the state registration together with the Acceptance Certificate is given in Appendix No. 3 hereto. The
Seller represents the Buyer that there are no other signed documents to the Long-Term Lease Agreement and no obligations to sign thereof under the Long-Term Lease Agreement other than those arising from the Long-Term Lease Agreement attached hereto
(Appendix No. 3). The provisions of this clause are material provisions of this Agreement. 
 2.1.8.    The Seller shall apply to
the Issuing Bank for receipt of funds within ten (10) business days from the date of the state registration of transfer of the title to the Immovable Property to the Buyer. Expiry of the ten-day period
assigned to apply to the Issuing Bank shall not deprive the Seller of the right to receive the funds. Both the Seller and the Buyer shall have the right to apply to the Issuing Bank for receipt of funds in order that the Seller could receive such
funds. 
 2.1.9.    Immediately refuse to receive the letter of credit, informing the Issuing Bank and the Buyer if the title to the
Immovable Property may not be transferred by the Seller to the Buyer. 
 2.1.10.    Within ten (10) business days from the date of
crediting the Seller’s account with the full amount of the purchase price of the Immovable Property paid by the Buyer, submit an application and the necessary documents to the Unified State Register of Immovable Property for the state
registration of termination of the record in the Unified State Register of Immovable Property on the Immovable Property pledge to the Seller. 

 69 A A [Number of the letterhead of the Notary Public] 

 

 2.1.11.    Reimburse the Buyer, within ten (10) business days from the date of the
invoice submission, for the cost of interest for use of funds under the letter of credit paid by the Buyer to ...(the Buyer’s creditor) under the terms of the letter of credit in the amount of 100% accrued for the period from the date after
ten (10) business days from the date of submission of the documents for the state registration of transfer of the title to the Immovable Property to the Buyer, until the date of the state registration of transfer of the title to the Immovable
Property to the Buyer, if a decision is made through the fault of the Seller to suspend the state registration of transfer of the title to the Immovable Property to the Buyer (to any of the facilities according to the list from Appendix 4.2 hereto)
for the following reasons: 
  

	•	 	 a person specified in the application as the right holder has no right to such real estate item and (or) is not
authorized to dispose of the right to such real estate item; 

  

	•	 	 there are contradictions between the rights claimed and the rights already registered; 

 

	•	 	 the Seller has not submitted the documents necessary for implementation of the state registration of rights;

  

	•	 	 the documents submitted by the Seller are not authentic or the information contained in them is inaccurate;

  

	•	 	 the form and/or content of the document submitted by the Seller for the state registration of rights does not
comply with the requirements of the laws of the Russian Federation; 

  

	•	 	 the documents submitted by the Seller are signed (certified) by unauthorized persons, 

 

	•	 	 due to improper cadastral or other accounting, as well as due to insufficient information, discrepancy between
the Unified State Register of Immovable Property accounting data and cadastral accounting data, errors or inaccuracies in technical plans/discrepancies between technical plans data and the Unified State Register of Immovable Property data and/or
cadastral accounting data, etc., including, but not limited to: lack of coordinates/wrong coordinates, but no more than twenty-five million (25,000,000) rubles in total. 

2.1.11.1.    Reimburse the Buyer, within ten (10) business days from the date of the invoice submission, for the cost of interest for
use of funds under the letter of credit paid by the Buyer to ... (the Buyer’s creditor) under the terms of the letter of credit in the amount of 50% accrued for the period from the date after ten (10) business days from the date of
submission of the documents for the state registration of transfer of the title to the Immovable Property to the Buyer, until the date of the state registration of transfer of the title to the Immovable Property to the Buyer, if a decision is made
to suspend the state registration of transfer of the title to the Immovable Property to the Buyer (to any of the facilities according to the list from Appendix No. 2 hereto) for the reason that the Unified State Register of Immovable Property
did not receive information or documents from the information systems of the Register or other state bodies, provided that such information or documents were available as of the date of conclusion of this Agreement; and in case of refusal of the
state registration and absence of the documents confirming transfer of the title. 
 2.1.12.    The Parties have agreed that the Seller
shall using its efforts and at own expense (subject to the issuance of the necessary power of attorney by the Buyer) within twenty (20) months from the date of registration of transfer of the title to the Immovable Property to the Buyer, unless
the shorter deadlines are specified below: 
 2.1.12.1.    a permanent easement or title to the land plot/part thereof with cadastral
number 69:10:0000025:6495 will be issued in the name of the Buyer in relation to: 
  

	•	 	 Storm water sewer (c/n 69:10:0000025:1313); 

 

	•	 	 Sanitary sewer (c/n 69:10:0000025:1314); 

 

	•	 	 Sanitary sewer (c/n 69:10:0000025:5247); 

	•	 	 Domestic water supply (c/n 69:10:0000025:5251); 

 

	•	 	 Fencing (c/n 69:10:0000025:1302). 

The result will be the Extract from the USRN to the land plot 69:10:0000025:6495 received by the Seller and handed over to the Buyer confirming execution of
the relevant rights of the Buyer. Another option is possible to eliminate the features of the Immovable Property under a supplementary agreement; 

2.1.12.2.    a permanent easement will be issued in the name of the Buyer for the right of pedestrian and vehicular traffic on the land
plot (c/n 69:10:0000025:2380), except for the cases of registration of the pathways on the land plot (c/n 69:10:0000025:2380) as a public road. The result will be the Extract from the USRN received by the Seller and handed over to the Buyer with
indication of the Buyer in the relevant column as the easement right holder; 
 2.1.12.3.    On behalf of the Buyer under the power of
attorney, the information in the Unified State Register of Immovable Property will be changed (location description added) with the execution of the relevant documents on: 
  

	•	 	 Checkpoint (c/n 69:10:0000025:1308); 

 

	•	 	 Gas Boiler House (c/n 69:10:0000025:1312); 

 

	•	 	 Medium pressure gas pipeline (c/n 69:10:0000025:1688); 

The result will be the Extracts from the USRN received by the Seller and handed over to the Buyer regarding each of the items. 

2.1.12.4.    a permanent easement or title will be issued in the name of the Buyer in relation to the land plot/part thereof located at:
Tver Region, Kalininsky District, Burashevskoye r/s (near the water body Kobylya Luzha, Bortnikovsky stream), at the point of discharge in relation to the storm water sewer (c/n 69:10:0000025:5249). 

The result will be the Extract from the USRN received by the Seller and handed over to the Buyer. Another option is possible to eliminate the features of the
Immovable Property under a supplementary agreement; 
 2.1.12.5.    within six (6) months from the date of registration of transfer
of the title to the Immovable Property to the Buyer, on behalf of the Buyer under the power of attorney issued by the Buyer, with the consent of the Issuing Bank, the land plot (c/n 69:10:0000025:643) will be divided into two land plots in
accordance with the draft delimitation plan (agreed upon by the Parties prior to the Sale and Purchase Agreement execution) prepared by the cadastral engineer, and cadastral registration of both land plots will be carried out with indication of the
Buyer as the right holder (owner). The result will be the Extracts from the USRN received by the Seller and handed over to the Buyer for newly formed land plots with indication of the Buyer as the right holder; 

2.1.12.6.    The Immovable Property will be equipped with sewage treatment facilities allowing discharge of waste water from the Immovable
Property to the water body, or an agreement will be signed for the waste water collection in the centralized sewage system and utility connection will be made; 

2.1.12.7.    The Immovable Property will be equipped with a well with connection to the water supply system existing in the Immovable
Property with arrangement of treatment of the water coming from the well providing water supply to the Immovable Property in the required volumes, and documentation necessary for the use of subsoil (groundwater) will be drawn up to supply the
Immovable Property with water, or a contract will be signed for water supply via the centralized water supply system and utility connection (if necessary); 

2.1.12.8.    On the date of the Long-Term Lease Agreement agreed upon by the Buyer the Lessee (Internet Solutions LLC) sublease agreements
(meeting the provisions of the Long-Term Lease Agreement) regarding parts of the Immovable Property with 

 69 A A [Number of the letterhead of the Notary Public] 

 

	•	 	 Tsentr Meditsiny Truda TSFO LLC; 

 

	•	 	 Kombinat Delovogo Obsluzhivaniya LLC; 

 

	•	 	 sublease agreement No. IR-9801/19 with sole entrepreneur Voitkevich
remains effective. 

 2.1.12.9.    The Technical Features of the Immovable Property listed in Appendix No. 6 will
be eliminated within the deadlines specified in Appendix No. 6. 
 2.1.12.10.    New technical plans will be prepared for the
Immovable Property mentioned in Clauses 1.2, 5, 23, 24 of Appendix No. 2, changes will be made to the USRN (if necessary) within a period of no more than 60 calendar days. 

2.1.12.11.    Within sixty (60) calendar days from the date of transfer of the title to the Immovable Property to the Buyer, the
record will be eliminated in Clause 9 of Section 2 of the Extracts from the USRN for real estate items “Claims and Information on the Availability of Received but Not Considered Applications for the State Registration of the Right (Right
Transfer, Termination), Restriction of the Right or Encumbrance of the Real Estate Item, Transaction in Relation to the Real Estate Item” of the following content being untrue: “documents for state registration are submitted: registration
and repayment of the transaction on limitation (encumbrance) of the right”. The result will be the originals of the Extracts from the USRN provided by the Seller to the Buyer in relation to all real estate items, in which in Clause 9 of
Section 2 of the Extracts from the USRN for real estate items “Claims and Information on the Availability of Received but Not Considered Applications for the State Registration of the Right (Right Transfer, Termination), Restriction of the
Right or Encumbrance of the Real Estate Item, Transaction in Relation to the Real Estate Item” there will be no record present at the date of conclusion of this Agreement of the following content being untrue: “documents for state
registration are submitted: registration and repayment of the transaction on limitation (encumbrance) of the right”. The provisions of this clause are material provisions of this Agreement. 

The Seller assumes the obligation to eliminate the Features of the Immovable Property listed in Clause 2.1.12 hereof at its own expense and within the
specified period. Costs/expenses and payments related to registration/elimination of the Features of the Immovable Property and under the terms of agreements/contracts signed in the name of the Buyer as a result of elimination of the Features of the
Immovable Property (land use rights, water use rights or other payments due to elimination of the Features of the Immovable Property or consequences of elimination of the Features of the Immovable Property) will be fully reimbursed/compensated by
the Seller to the Buyer within ten (10) business days upon receipt of the relevant claim from the Buyer. 
 2.1.13.    If the Buyer
incurs the costs necessary and sufficient reason for which is the Seller’s failure to eliminate any/each deficiency within the period specified in Clause 2.1.12 hereof (failure to reach the result of elimination) plus three months, the Seller
shall compensate the Buyer for such documented expenses (including expenses for the Buyer’s independent performance of the measures specified in Clause 2.1.12 hereof) within ten (10) business days upon receipt of the Buyer’s claim.

 The Seller shall also compensate the Buyer within ten (10) business days upon receipt of the claim for actual damages (losses), the necessary and
sufficient reason for which is the Seller’s failure to eliminate any of the defects listed in Clause 2.1.12 within the period specified in Clause 2.1.12 hereof, as well as losses arising due to the circumstances (as a result of such
circumstances) specified in Clause 2.1.12 hereof, from the date of the state registration of the Buyer’s title to the Immovable Property until completion of the measures specified in Clause 2.1.12 hereof. 

 In case of the Seller’s failure to perform or improper performance of all and each of the terms of
Clause 2.1.12 hereof, the Buyer may, after 20 (twenty) months from the date of the state registration of transfer of the title to the Immovable Property to the Buyer (the term for the Seller’s elimination of deficiencies listed in Clause 2.1.12
hereof), conduct a tender with the participation of the Seller and choose on market and competitive terms the contractor and/or other necessary entity to eliminate any Feature of the Immovable Property: carry out work to eliminate thereof; and the
Seller shall reimburse the Buyer, at short notice and within 10 (ten) business days upon receipt of the claim, for all expenses incurred by the Buyer and documented (copies of the documents certified by the Buyer) to eliminate any deficiency in
full, and pay a fine to the Buyer in the amount of 25% of the amount of expenses incurred by the Buyer to eliminate the deficiency. 

2.1.14.    Within four (4) months from the date of the state registration of transfer of the title to the Immovable Property from the
Seller to the Buyer, the Seller shall perform all actions and formalities necessary to re-execute the current agreements for the supply of utilities with resource/power supply companies, namely: 

 

	•	 	 Power Supply Agreement No. ... dated ..., with MC Borovlevo LLC; 

 

	•	 	 Gas Supply Agreement No. ... dated October ..., with Gazprom Mezhregiongaz Tver LLC 

The Parties have agreed that prior to re-execution of the contracts with the resource/power supply companies in the
name of the Buyer on behalf of the Buyer, the Seller will on its own behalf but at the Buyer’s account carry out settlements as the Buyer’s agent (at the same time the agency fee will be one thousand two hundred (1,200) rubles per month,
including VAT). 
 2.1.15.    Within six (6) months from the date of the state registration of transfer of the title to the
Immovable Property from the Seller to the Buyer, perform all actions in order to ensure conclusion of tripartite agreements on change of the user under all private easements agreements for the land plot with cadastral number 69:10:0000025:6496 for
use of: Domestic water supply (k/n 69:10:0000025:1309); Domestic sewers (c/n 69:10:0000025:1314); Medium pressure gas pipeline (69:10:0000025:1688); Pedestrian and vehicular traffic on the land plot (c/n 69:10:0000025:6496); and tripartite
agreements on the change the user under all private easements agreements for the land plot with cadastral number 69:10:0000025:2380 for use of: Domestic water supply (c/n 69:10:0000025:1309); Sanitary sewer (c/n 69:10:0000025:1314); 10 kV cable line
(c/n 69:10:0000025:2134); Medium pressure gas pipeline (69:10:0000025:1688); 10 kV cable line (c/n 69:10:0000025:5257); and apply to the body that carries out state registration of the rights to real estate and transactions therewith for making
amendments to data contained in the Unified State Register of Immovable Property in connection with the change of the easement holder (user) due to transfer of the title to the dominant thing for the use of which an easement was set, and register
the change of the person; the Buyer undertakes (if necessary) to issue to the Seller a notarized power of attorney to make amendments to data contained in the Unified State Register of Immovable Property in connection with the change of the easement
holder (user) due to transfer of the title to the dominant thing for the use of which an easement was set. The result will be change of the data in the Unified State Register of Immovable Property about the user of the land plots from the Seller to
the Buyer listed in this clause, which will be confirmed by the Seller’s transfer to the Buyer of original Extracts from the USRN regarding the land plots 69:10:0000025:6496 and 69:10:0000025:2380 with such data. 

2.1.16.    Submit the documents for the state registration of termination of the record in the Unified State Register of Immovable
Property on the on pledge to the Seller of the Immovable Property within ten (10) business days upon crediting the Seller’s correspondent account with the Agreement Price, and provide the Buyer with the Extracts from the USRN for all 49
real estate items with absence in the column “restriction of rights and encumbrance of the real estate item” of the record on the pledge/mortgage in favor of the Seller and on the Seller as a person in whose favor the restriction of the
rights and encumbrance of the item is established. 
 2.1.    The Buyer shall: 

2.2.1.    Pay the Agreement Price in accordance with the procedure and conditions stipulated by Clause 3 hereof. The obligation to pay the
Agreement Price arises in case the Seller fulfills the obligation to sign the Acceptance Certificate (counter obligation). 

 69 A A [Number of the letterhead of the Notary Public] 

 

 2.2.2.    Accept the Immovable Property under the Acceptance Certificate drawn up in the
form of Appendix No. 1 hereto on the basis of this Agreement. Before signing the Acceptance Certificate, inspect the Immovable Property and check condition thereof. 

2.2.3.    Submit the documents to the Notary at the location of the Immovable Property and carry out all actions necessary for the state
registration of transfer of the title to the Immovable Property in the Unified State Register of Immovable Property within the period specified in Clause 2.3.1 hereof. 

2.2.4.    If necessary, obtain the consent of the bank financing purchase of the Immovable Property to the existence of lease, sublease
agreements specified in Clause 1.4 hereof. 
 2.3.    The Parties shall: 

2.3.1 Submit through a Notary at the location of the Immovable Property the documents for the state registration of transfer of title to the Immovable Property
within thirty (30) calendar days from the date of this Agreement, but not earlier than the date of receipt by the Seller of the documented confirmation by the Issuing Bank that the Buyer has opened the secured (deposited) irrevocable letter of
credit on the terms agreed upon by the Parties the recipient of the funds under which is the Seller. 
 2.3.2.    Bear in equal shares
the costs of the Notary’s tariff and fees for the technical and legal work (or one Party compensates the other Party half of the costs of the Notary’s tariff and fees for the technical and legal work paid by such Party in full). The costs
of payment to the Issuing Bank of the fee for the opening of the letter of credit shall be borne by the Seller. The Buyer shall reimburse half of such costs to the Seller within three (3) business days from the date of the Seller’s costs.
All mandatory and necessary expenses on the state registration of transfer of the titles to the Immovable Property shall be borne by the Buyer. The Seller shall compensate the Buyer for half of the costs incurred on paying the state fee for the
state registration of transfer of the title to the Immovable Property from the Seller to the Buyer within five (5) business days upon receipt of the invoice from the Buyer. 

2.3.3.    Re-apply for the state registration of transfer of the title to the Immovable Property
from the Seller to the Buyer in case of refusal of the state registration of transfer of the title to the Immovable Property from the Seller to the Buyer (to any of the items according to the list given in Appendix No. 2 hereto), provided that
the term of the letter of credit is sufficient for the Seller to receive money (purchase price). 
 3.    PRICE AND PAYMENT PROCEDURE

 3.1.    The Agreement Price is one billion nine hundred fifty million (1,950,000,000) rubles, and 20% VAT worth three
hundred seventy-two million twenty thousand (372,020,000) rubles, including: 

3.1.1.    The price of the Land Plots worth eighty-nine million nine hundred thousand (89,900,000) rubles (VAT free): 

 

	•	 	 cadastral number 69:10:0000025:652 worth RUB 42,500,000; 

 

	•	 	 cadastral number 69:10:0000025:651 worth RUB 17,100,000; 

 

	•	 	 cadastral number 69:10:0000025:648 worth RUB 3,500,000; 

 

	•	 	 cadastral number 69:10:0000025:644 worth RUB 9,300,000: 

 

	•	 	 cadastral number 69:10:0000025:643 worth RUB 17,500,000. 

3.1.2.    Price of Buildings and Structures worth RUB 1,860,100,000, and VAT worth RUB 372,020,000: 

 

	•	 	 Industrial and Logistics Complexes 1 and 2 (c/n 69:10:0000025:1306) worth RUB 424,200,000, and VAT worth RUB
84,840,000; 

  

	•	 	 Industrial and Logistics Complex 3 (c/n 69:10:0000025:6275) worth RUB 585,400,000, and VAT worth RUB 117,080,000;

	•	 	 Industrial and Logistics Complex 4 (c/n 69:10:0000025:5223) worth RUB 592,900,000, and VAT worth RUB 118,580,000;

  

	•	 	 other items (other than the land plots) specified in Appendix No. 2 worth RUB 257,600,000, and VAT worth RUB
51,520,000. 

 3.2.    The Agreement Price shall be paid in full to the Seller by the Buyer after the date of the
state registration of the title to all 49 real estate items (from the latest date of the state registration of transfer of the title to the last of the 49 items), provided that the Seller meets the conditions of Clause 3.4 hereof (material
conditions). In order to establish the Buyer’s violation of the obligation to pay the purchase price of the Immovable Property hereunder, the Seller shall have confirmation of the transfer of the title to the Immovable Property from the Seller
to the Buyer (this Agreement with a copy of the special registration record of the USRN on the state registration of the title and Extracts from the USRN for all and each of the 49 real estate items with specification therein of all the conditions
described below in this clause), and shall first apply to the Issuing Bank for the disclosure of the letter of credit, and, in case the Issuing Bank fails to comply with the Seller’s request, subject to the Seller’s compliance with the
terms of the letter of credit disclosure, apply to the Buyer for the purchase price, receive a statement of the account specified in the Seller’s details herein which does not reflect the receipt of the purchase price of the Immovable Property
for the period from the date of this Agreement to the date of the Buyer claim for receipt of the purchase price. In case of a material violation (delay of more than five (5) business days) by the Buyer of this condition (payment of the purchase
price), the Seller shall have the right acting unilaterally and out of court repudiate this Agreement, and the Agreement shall be considered terminated from the date of the Seller’s notification of the Buyer on the Seller’s unilateral
repudiation. In case of the Agreement termination, the Buyer shall return the Immovable Property to the Seller, for which purpose it shall submit the documents and carry out all actions necessary for the state registration of transfer of the title
to the Immovable Property to the Seller in the Unified State Register of Immovable Property. The period of five (5) business days after the delay in payment occurs shall start from the moment (date) of submission/presentation by the Seller at
the same time of the Extracts from the USRN on paper, which equivalence to the electronic document is notarized (the notary confirmed the identity of the content of the electronic document to the content of the document made by the notary on paper)
for all and each of the forty-nine (49) real estate items (100%) regarding each of which the owner of each of the 49 real estate items shall be the owners of investment shares of the closed-end investment
fund managed by Tetis Capital, data on whom shall be established on the basis of the data of the personal accounts of the owners of investment shares in the register of investment shares and the securities accounts of the owners of investment
shares, regardless of the date of issue of the Extracts from the USRN and/or the date of the state registration of transfer of the title to the Immovable Property, as well as providing the original of this Agreement with a copy of the special
registration record of the USRN on the state registration of the title of the owners of investment shares of the closed-end investment fund managed by Tetis Capital, data on whom shall be established on the
basis of the data of the personal accounts of the owners of investment shares in the register of investment shares and the securities accounts of the owners of investment shares; pledge/mortgage in favor of ...; pledge in favor of the Seller and
the original of the Immovable Property Acceptance Certificate hereunder to the Issuing Bank (the Issuing Bank independently certifies copies of the submitted originals of the Agreement and the Acceptance Certificate, and returns originals to the
Seller). 
 3.3.    The Parties have agreed that the Seller shall have the right to pledge provided for in Clause 5 of Article 488 of
the Civil Code of the Russian Federation. Pending full payment of the Immovable Property, the Immovable Property shall be deemed to be pledged by the Seller to ensure performance by the Buyer of its obligation to pay the Immovable Property. 

 69 A A [Number of the letterhead of the Notary Public] 

 

 3.4.    Payment of the Agreement Price shall be made by the Buyer by wire transfer in
Russian rubles by means of the Buyer’s opening of a secured (deposited) irrevocable letter of credit with ... (Issuing Bank) for the period from the date of this Agreement by the Parties to the date after three (3) months from the date
of this Agreement. Payment of the Agreement Price shall be made by the Buyer partially at the expense of ... credit funds provided under Agreement No. ... on Nonrevolving Credit Facility dated ... . The condition for execution of the letter
of credit by the Issuing Bank shall be (and payment under this Agreement at the expense of credit funds shall be made after) provision by the recipient (Seller) of the following documents: Extracts from the USRN on paper, which equivalence to the
electronic document is notarized (the notary confirmed the identity of the content of the electronic document to the content of the document made by the notary on paper), or issued by the Federal Service for State Registration, Cadastre and
Cartography for the Tver Region (Rosreestr Department for the Tver Region), or issued by the Multifunctional Public Services Center, for all and each of the forty-nine (49) real estate items regarding each of which the owner of each of the 49
real estate items shall be the owners of investment shares of the closed-end investment fund managed by Tetis Capital, data on whom shall be established on the basis of the data of the personal accounts of the
owners of investment shares in the register of investment shares and the securities accounts of the owners of investment shares, confirming existence of the following rights and encumbrances in the column “Restriction of the rights and
encumbrance of the real estate item” of Section 2 “Information on the registered rights”: 
  

	 	•	 	 pledge/mortgage in favor of the Seller under Clause 5 of Article 488 of the Civil Code of the Russian Federation;

  

	 	•	 	 pledge/mortgage in favor of ... by virtue of Article 69.1 of Federal Law No.
102-FZ On Mortgages (Real Estate Pledge) dated July 16, 1998; 

  

	 	•	 	 lease in favor of the Lessee in respect of all real estate items, except for the property specified in Clauses
13, 25, 45-49 of Appendix No. 2 hereto; 

  

	 	•	 	 fiduciary management in favor of Tetis Capital; 

 

	 	•	 	 absence of other restrictions/encumbrances to be specified in the column “Restriction of the rights and
encumbrance of the real estate item” of Section 2 “Information on the registered rights” of the Extracts from the USRN, except for restrictions/encumbrances specified in Clause 1.4.3 hereof; 

and upon submission by the Seller to the Issuing Bank of the original of this Agreement with a copy of the special registration record of the USRN on the
state registration of the title of the owners of investment shares of the closed-end investment fund managed by Tetis Capital, data on whom shall be established on the basis of the data of the personal
accounts of the owners of investment shares in the register of investment shares and the securities accounts of the owners of investment shares; pledge/mortgage in favor of ...; pledge in favor of the Seller or with a record of the Federal
Service for State Registration, Cadastre and Cartography for the Tver Region (Rosreestr Department for the Tver Region) about the title transfer and the original of the Immovable Property Acceptance Certificate hereunder to the Issuing Bank (the
Issuing Bank independently certifies copies of the submitted originals of the Agreement and the Acceptance Certificate, and returns originals to the Seller). Both the Seller and the Buyer shall have the right to apply to the Issuing Bank for receipt
of the funds in order that the Seller could receive such funds. Presence in the USRN Extracts of typos that do not prevent the identification of the person/right holder specified therein and/or absence of any restrictions/encumbrances except as
expressly mentioned in this clause hereof does not constitute absence of the USRN Extracts specified above; shall not a defect of the USRN Extracts as described above; but shall be recognized as a feature of the USRN Extracts specified above to be
eliminated by the Seller with the assistance of the Buyer (if necessary) within thirty (30) business days from the date of issue of the USRN Extracts. Presence in the USRN Extracts for the real estate items of the record specified in Clause
2.1.12.11 hereof shall not prevent disclosure by the Issuing Bank of the letter of credit, provided that the Seller submits to the Issuing Bank simultaneously with the documents listed in this clause the original letter of Rosreestr dated later than
the date of the state registration of transfer of the title to the Immovable Property under the form and content similar to Appendix No. 7 hereto. 

 3.5.    In case upon provision by the Seller of the documents specified in Clause 3.4
hereof the Issuing Bank fails to make a payment to the recipient (Seller) in accordance with Clause 3.4 hereof, the Buyer undertakes to take all actions that the Buyer may take and to do everything within its control in order that the Seller could
receive the Agreement Price as soon as possible, and, in particular, but not limited to, bring to the Issuing Bank its claims for payment to the Seller by the Buyer of the purchase price of the Immovable Property. 

3.6.    Documents for the state registration of transfer of the title to the Immovable Property from the Seller to the Buyer may not be
submitted before the Seller receives documentary confirmation of the Issuing Bank that the Buyer has opened a secured (deposited) irrevocable letter of credit on the terms agreed upon by the Parties and that the recipient of the funds thereunder is
the Seller. 
 3.6.1.    After notarization of this Agreement, on the basis of which the title to the Immovable Property subject to the
state registration arises, the Notary shall, within three (3) business days from the date of occurrence of the event specified in Clause 3.6 hereof (receipt by the Seller of documentary confirmation from the Issuing Bank that the Buyer has
opened a secured (deposited) irrevocable letter of credit on the terms agreed upon by the Parties, and that the recipient of the funds thereunder is the Seller), submit an electronic application for the state registration of titles and the attached
documents to the registration authority for registration of transfer of the title to the Immovable Property from the Seller to the Buyer. The Parties agree that the Notary shall, in case of technical difficulties when submitting electronic
application for the state registration of titles and the attached documents to the registration authority for registration of transfer of the title to the Immovable Property from the Seller to the Buyer due to a significant volume of documents or
for other objective reason, submit the application for the state registration of titles and the attached documents to the registration authority for registration of transfer of the title to the Immovable Property from the Seller to the Buyer on
paper. 
 3.7.    The Buyer’s obligations to pay the Agreement Price shall be deemed to be performed from the date of crediting the
correspondent account of the bank servicing the Seller (specified in Clause 10 hereof) in full. A different settlement procedure shall be possible by agreement of the Parties. 

4.    LIABILITY OF THE PARTIES 

4.1.    For violation by the Buyer of the terms of payment of the Agreement Price stipulated in Clause 3.5 hereof, the Seller shall have
the right to demand from the Buyer to pay a penalty worth four hundredths of a percent (0.04%) of the amount of overdue debt for each calendar day of delay. 

4.2.    For violation by the Seller of the term of transfer of the Immovable Property and/or for violation by the Seller of the term of
performance of the obligation stipulated in Clause 2.1.12.11 hereof, the Buyer shall have the right to demand from the Seller to pay a penalty worth four hundredths of a percent (0.04%) of the Agreement Price for each calendar day of delay (in case
the Seller violates the term of performance of the obligation specified in Clause 2.1.12.11 hereof, from the 61st calendar day to the date of actual performance of the obligation). 

4.3.    In case of evasion of the state registration of transfer of the title to the Immovable Property, the Party that has violated the
relevant obligations hereunder shall pay to the other Party a penalty worth four hundred million (400,000,000) rubles upon its request. 

4.4.    A Party that has failed to perform or improperly performed its obligations hereunder shall indemnify the other Party for losses
caused by such violations in the amount exceeding the amount of the penalty recovered, which fact shall not exempt the Party from the performance of the obligation. 

4.5.    In all other cases of default hereunder, the Parties shall be liable in accordance with the applicable laws of the Russian
Federation. 
 4.6.    For delay in performance of the Seller’s obligation under Clause 2.1.16, the Buyer shall have the right to
demand from the Seller to pay a penalty worth four hundredths of a percent (0.04%) of the Agreement Price for each calendar day of delay. 

 69 A A [Number of the letterhead of the Notary Public] 

 

 4.7.    The aggregate liability of either the Seller or the Buyer under or in connection
with this Agreement (including liability in the form of compensation for any costs, losses, damages, as well as payment of penalties, compensations, or any other amounts) shall be limited to the amount of real damage caused to the Buyer/Seller but
no more than twenty-five million (25,000,000) rubles. 
 4.8.    Under no circumstances shall any Party be obliged to indemnify the
other Party for lost profit, indirect losses or unreasonable expenses. In case of contradiction of this clause to other provisions of this Agreement, the provisions of this clause shall apply. 

4.9.    Limitation of liability provided for in Clause 4.7 hereof does not apply to Clause 4.3 hereof and does not apply to obligations
and/or indemnities in connection with non-performance of the obligations specified in Clauses 2.1.11, 2.1.12, 2.1.13. 2.1.16, 2.3.2, 4.6, 5.1.10, 5.1.11, 5.1.13, 5.3, 5.4 hereof, and in case of recourse to the
Buyer of the third parties with the claims for reclamation of the Immovable Property from unlawful possession. 
 5.    WARRANTIES OF
THE PARTIES 
 5.1.    The Seller represents and warrants that as of the date of conclusion and signing by the Parties of this
Agreement, the date of the state registration of transfer of the title to the Buyer hereunder: 
 5.1.1.    The Seller is the legal
entity duly incorporated and existing in accordance with the laws of the Russian Federation; 
 5.1.2.    The Seller is the legal owner
of the Immovable Property; 
 5.1.3.    The Seller has the necessary rights and powers to enter into this Agreement; 

5.1.4.    The Seller has all authorizations, consents of its governing bodies and other persons to the execution and performance of this
Agreement; 
 5.1.5.    The Immovable Property is not disputed or seized, is not subject to pledge and is not encumbered by other rights
of third parties other than those specified in this Agreement and Appendices hereto; 
 5.1.6.    This Agreement is signed on behalf of
the Seller by a person duly authorized to do so; 
 5.1.7.    Conclusion of this Agreement and performance of the terms and conditions
hereof will not violate or lead to violation of the constituent documents, any provision of the laws of the Russian Federation, or any agreement, or a document to which the Seller and/or its members are a party; 

5.1.8.    There are no circumstances that may limit, prohibit or otherwise adversely affect the Seller’s performance of its
obligations hereunder. 
 5.1.9.    All parts of the Immovable Property were erected and put into operation in accordance with the
documents of urban planning, land zoning, in accordance with the applicable laws, with obtaining all the necessary permits and approvals, have not undergone unauthorized reconstruction, have no illegal modifications of any nature (taking into
account the foreseeable need to implement the measures specified in Clause 2.1.12 hereof), which facts the Seller may confirm by the relevant documents that it will provide to the Buyer upon the request. 

5.1.10.    The Immovable Property and Immovable Property fixtures comply with the requirements of the documentation in relation to such
property (taking into account normal wear of the property), and it is possible to use the property for its intended purpose. The Seller makes a warranty in respect of the terms and conditions set forth in this clause: for a period of three
(3) years in respect of the Immovable Property, for a period of two (2) years in respect of other property transferred under the Sale and Purchase Agreement. The warranty period shall be calculated from the date of the state registration
of transfer of the title to the Immovable Property to the Buyer. 

 5.1.11.    According to Clauses 1-44 of Appendix
No. 2 hereto the Immovable Property is located within the boundaries of the land plots according to Clauses 45-49 of Appendix No. 2 hereto, other than the Immovable Property for the use of which the
easements listed in Appendix No. 4 hereto were executed, and other than the Immovable Property for the use of which the easements listed in Clauses 2.1.12.1, 2.1.12.2 and 2.1.12.4 hereof will be executed, and there are no claims of any third
parties, including owners of neighboring land plots, in relation to the violation of their rights, including the borders of neighboring land plots. 

5.1.12.    The Seller also represents the Buyer that it has no evidence of insolvency; that the Seller has no obligation and/or intention
to file a statement of the debtor; that the Seller is not aware of any claims for it; that the Seller has no indebtedness on any taxes, there are no unpaid fines and non-complied orders of the state bodies.

 5.1.13.    The Seller also represents and warrants the Buyer (a material condition of the Agreement) that: 

 

	•	 	 the record available at the date of conclusion of the Agreement “documents for state registration are
submitted: registration and repayment of the transaction on limitation (encumbrance) of the right” in Section 2, Clause 9, “Claims and Information on the Availability of Received but Not Considered Applications for the State
Registration of the Right (Right Transfer, Termination), Restriction of the Right or Encumbrance of the Real Estate Item, Transaction in Relation to the Real Estate Item” in the Extracts from the USRN regarding the Immovable Property, is not
true; 

  

	•	 	 the letter given in Appendix No. 7 hereto and confirming the fact mentioned in Clause 5.1.13 hereof is true,
reflects the reliable information, was not canceled, withdrawn, and is valid. 

 5.1.14.    The Parties specifically
stipulated that unreliability of the Seller’s representations set forth in Clause 5.1.13 hereof, and failure by the Seller to perform the obligation under Clause 2.1.12.11 hereof within 12 months or more from the date of this Agreement, shall
give the Buyer the right, acting unilaterally and out of court, to repudiate the Agreement due to the Seller’s material violation of the terms of this Clause and Clause 2.1.12.11 hereof (Article 450 of the Civil Code of the Russian Federation)
and demand return of the purchase price of the Agreement paid by it in full with the return of the Immovable Property to the Seller in the condition in which it was received from the Seller, and also demand payment of the penalty set forth in Clause
4.2 hereof. 
 5.2.    The Buyer hereby represents and warrants that as of the date of this Agreement, date of the state registration of
transfer of the title to the Buyer hereunder: 
 5.2.1.    The Buyer, which performs management of investment funds, mutual investment
funds and private pension funds (fiduciary manager), is a legal entity duly incorporated and existing in accordance with the laws of the Russian Federation; 

5.2.2.     The Buyer has obtained all necessary consents, permits and approvals, including those of the Specialized Depositary and the
Investment Committee (if required by the FM Regulations); 
 5.2.3.    Tetis Capital has no evidence of insolvency, bankruptcy, there
are no bases to believe that such evidence may arise; 
 5.2.4.    Tetis Capital license for trust management of mutual investment funds
was not revoked; 
 5.2.5.    This Agreement is signed on behalf of the Buyer by a person duly authorized to do so; 

5.2.6.    Conclusion of this Agreement and performance of the terms and conditions hereof will not violate or lead to violation of the
constituent documents, any provision of the laws of the Russian Federation, or any agreement, or a document to which the Buyer and/or its interestholders/members/shareholders are a party; 

5.2.7.    There are no circumstances that may limit, prohibit or otherwise adversely affect the Buyer’s performance of its
obligations hereunder; 

 69 A A [Number of the letterhead of the Notary Public] 

 

 5.2.8.    The Buyer has no evidence of insolvency, bankruptcy, there are no bases to
believe that such evidence may arise; 
 5.2.9.    The Buyer pays all mandatory payments, taxes, fees, has no overdue debts; 

5.2.10.    There are no claims against the Buyer threatening that the Buyer will be forced to cease operations, change the main type of
its business, and significantly change the scope thereof. 
 5.3.    The Seller warrants the Buyer that in case of bringing any claims,
fines, penalties, and other payments, including payment of the tax property, regarding the Immovable Property for the last three (3) calendar years preceding the year of this Agreement conclusion, against the Buyer by any public and/or
municipal authorities / agencies, legal entities, including, inter alia: the state inspectorate supervising the use of real estate, tax authorities, the Buyer shall, having received the relevant claim/notification, send a copy thereof to the Seller,
and the Seller undertakes to compensate the Buyer for the amount of such claim/notification within three (3) business days upon receipt of the relevant request from the Buyer, and if the Buyer disputes the penalty, undertakes to participate in
such dispute on the part of the Buyer under the power of attorney issued by the Buyer in any bodies/agencies/courts. 

5.4.    Regarding other bases of representations and/or liability not related to Clause 5.3 hereof, the Seller undertakes to indemnify the
Buyer for the property losses on payment of administrative penalty arising from the imposition of such penalty on the Buyer and not related to the violation of the obligation by the Seller, but related to the conclusion by the Buyer of this
Agreement with the Seller; the amount of such losses indemnification will be equal to one hundred percent (100%) of the administrative penalty imposed on the Buyer, but in any case all property losses of the Buyer reimbursable by the Seller
hereunder may not exceed the amount of five hundred thousand (500,000) rubles. 
 5.5.    The Parties mutually represent each other that
when making the transaction, they took into account the clarifications of the contents of Clause 11 of Part 1 of Article 26, Article 27 of Federal Law No. 218-FZ dated July 13, 2015 On the State
Registration of Real Estate given by the Notary of the Molokovsky Notary District of the Tver Region of the Russian Federation Artimenko Alexander Vladislavovich prior to certification/execution of this Agreement, and the presence of Letter No. 10/10-12/40698-20 dated September 18, 2020 of the Federal Service of the State Registration, Cadastre and Cartography for the Tver Region (Rosrsestr Department
for the Tver Region) (Appendix No. 7 hereto). The Buyer represents the Seller that the contents of this Agreement have been fully communicated to ... which provides the Buyer with a targeted loan for the purchase of the Immovable Property.

 6.    FORCE MAJEURE EVENTS 

6.1.    The Parties shall be exempt from liability for non-performance or improper performance of
the obligations hereunder if proper performance is impossible due to force majeure events, that is, the circumstances extraordinary and unpredictable under these conditions, which the Parties could neither foresee nor prevent by reasonable measures
(actions and decisions of the state authorities, civil unrest, epidemics, blockade, embargo, earthquakes, floods, fires, other natural disasters, etc.). 

6.2.    The Party affected by force majeure event shall notify the other Party within three (3) business days. 

6.3.    A document issued by the competent public authority shall be sufficient evidence of the existence and duration of force majeure
event. 
 6.4.    Obligations of the Parties shall be suspended for the period of force majeure duration. If force majeure events last
for more than sixty (60) calendar days, then each of the Parties shall have the right to repudiate this Agreement unilaterally. 

7.    DISPUTE RESOLUTION 

7.1.    All disputes and/or disagreements arising between the Parties under or in connection with this Agreement shall be subject to
consideration by the Arbitrazh (Commercial) Court of Moscow subject to the procedure established by the applicable laws of the Russian Federation. 

 7.2.    If the law establishes a mandatory
pre-court dispute settlement procedure, the dispute may be submitted to consideration by the court of arbitration after the pre-court dispute settlement procedure has
been met. The pre-court dispute settlement procedure shall be deemed to be met after ten (10) business days from the date of the claim receipt by the receiving Party. 

8.    AGREEMENT AMENDMENT AND EARLY TERMINATION 

8.1.    All amendments and supplements to this Agreement shall be valid if made in writing and notarized. The respective supplementary
agreements of the Parties are an integral part of this Agreement. 
 8.2.    This Agreement may be terminated early by agreement of the
Parties or at the request of one of the Parties in accordance with the procedure and on the grounds provided for by the applicable laws of the Russian Federation, as well as in accordance with the terms of this Agreement. 

9.    FINAL PROVISIONS 

9.1.    This Agreement is made in four (4) copies of equal legal force, one of which is kept in files of the Notary, one - for the
Seller, one - for the Buyer, and one - for the body carrying out state registration of rights to real estate and transactions therewith. 

9.2.    Unless otherwise provided by this Agreement, notices and other legally relevant communications may be sent by the Parties by
email, by courier, by the Russian Mail or by other means of communication, provided that it makes it possible to reliably establish which of the Parties has sent the notice and to whom it is addressed. 

9.3.    This Agreement shall enter into force on the date of execution thereof by the Parties and shall remain valid until complete
performance by the Parties of their obligations hereunder. 
 9.4.    The Parties recognize that the exchange of email messages between
the competent persons of the Parties is a means of confirming or refusing to perform actions and such messages will be recognized as evidence when considering disputes in court, however, if there is a paper document received by the addressee earlier
than by email, and with the content contrary to the content of the email message, a paper document will have the priority evidential significance. 

9.5.    All notices and any correspondence addressed to the Parties shall be deemed to be duly sent to the Party that is the addressee
thereof upon delivery with the return receipt requested and/or postal delivery by registered mail with the list of enclosures and notice of delivery at the address specified in the section “Addresses and Details of the Parties” - at the
time of delivery to the addressee. If the addressee is absent at the specified address or does not visit the post office within five (5) business days upon arrival of the correspondence at the post office, the correspondence shall be deemed to
be handed over to the addressee, and the sender shall be deemed to have fulfilled his obligation on notification. 
 9.6.    Each Party
represents the other Party that at the time and at any time during the term of the Agreement the person signing the Agreement is duly authorized to do it on behalf of the relevant Party. 

9.7.    If any of the provisions of this Agreement are recognized invalid or unlawful in any respect, such recognition shall not affect
the validity and legality of the remaining provisions of this Agreement. In such case, this Agreement shall be amended in writing to replace or exclude the relevant provision of this Agreement. 

9.8.    Appendix No. 1 to this Agreement - Form of the Acceptance Certificate - is an integral part hereof. 

9.9.    Appendix No. 2 to this Agreement - List of Immovable Property and Fixtures thereof - is an integral part hereof. 

 69 A A [Number of the letterhead of the Notary Public] 

 

 9.10.    Appendix No. 3 to this Agreement - Notarized Copy of the Long-Term Lease
Agreement - is an integral part hereof. 
 9.11.    Appendix No. 4 - List of Easements in favor of the Seller - is an integral part
hereof. 
 9.12.    Appendix No. 5 - List of Documents Provided under the Long-term Lease Agreement - is an integral part hereof. 

9.13.    Appendix No. 6 - Technical Features of the Immovable Property - is an integral part hereof. 

9.14.    Appendix No. 7 - Copy of the Rosreestr Letter
No. 10/10-12/40698-20 dated September 18, 2020 

10.    ADDRESSES AND DETAILS OF THE PARTIES 
  

			
	Seller: Internet Logistics Limited Liability Company	  	Buyer: Tetis Capital (Fiduciary Manager of Closed-End Investment Fund Tetis Capital)
		
	Location/Postal address: 170540, Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial area, complex 1 A	  	Location/Postal address: Russian Federation, 129090, Moscow, Botanichesky Lane, 5
		
	 OGRN 1076949002261
  

INN 6949003359
  

KPP 694901001
	  	 OGRN 1107746374262
  

INN 770 9853192
  

KPP 770201001

 The contents of this agreement have been read aloud to the parties thereto. 

We, as parties to the transaction, understand the explanation of the notary about the legal consequences of the transaction. The terms of the
transaction correspond to our actual intentions. 
 The information established by the notary according to our statement was correctly
entered in the text of the transaction. 
  

					
	seller	 	                        Geil Alexander Vladimirovich	  	/signature/            
		 	  

	
	/Seal: Internet Logistics Limited Liability Company/
			
	buyer	 	                        Sheveleva Oksana Viktorovna	  	/signature/            
		 	  

 Seal: Tetis Capital (Fiduciary Manager of Closed-End Investment Fund Tetis Capital)
OGRN 1107746374262 INN 7709853192 103588 Moscow 

 Russian Federation. 

Tver Region, Molokovo village 

The twenty-fifth of September, two thousand and twenty. 

This agreement was certified by me, Artimenko Alexander Vladimirovich, notary of the Molokovsky notarial district of the Tver Region. 

The contents of the Agreement correspond to the expressed will of the parties thereto. 

The Agreement was signed before me. 

The signatories to this Agreement are personally known to me and have the necessary authorized capacity. The legal capacity of the legal
entities and the authority of their representatives were verified. The ownership of the property was verified. 
 Transfer of the title
under this agreement shall be subject to the state registration in the Unified State Register of Immovable Property. 
 Protocol No.
... 
 Stamp duty collected (as per tariff): ... 

Paid for legal and technical services: ... 
  

					
	Notary	  	/signature/	  	A.V. Artimenko

 /Seal: Notary Public A.V. Artimenko Location: PGT Molokovo, Tver Region, Molokovsky notarial district/ 

 Supplementary Agreement No.1 to Real Estate Sale and Purchase Agreement dated September 25, 2020 

Supplementary Agreement No. 1 

to Real Estate Sale and Purchase Agreement dated September 25, 2020 

 

			
	Molokovo urban settlement, Tver Region	  	September 25, 2020            

 Internet Logistics Limited Liability Company, a legal entity incorporated and existing in accordance with the laws of
the Russian Federation, registered by Interdistrict Inspectorate No. 9 of the Federal Tax Service for the Tver Region on December 27, 2007 with the Primary State Registration Number (OGRN) 1076949002261, INN 6949003359, KPP 694901001, with
its registered office located at: 170540, Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2 industrial area, complex 1 A, hereinafter referred to as the Seller, represented
by Geil Alexander Vladimirovich, acting under Power of Attorney 77 AG 4332764 dated August 13, 2020 certified by Moscow Notary Yu.V. Krylova, Protocol No. 77/719-n/77-2020-5-2348, for one part, and Tetis Capital (Fiduciary Manager of Closed-End Investment Fund
Tetis Capital), a legal entity incorporated and existing according to the laws of the Russian Federation, registered by Interdistrict Tax Office No. 46 of the Federal Tax Service for Moscow with the Primary State Registration Number (OGRN)
1107746374262, INN 7709853192, KPP 770201001, with its registered office located at: Russian Federation, 129090, Moscow, Botanichesky Lane, 5, having License No. 21-000-1-00810 dated April 21, 2011 for management of investment funds, mutual investment funds, and private pension funds, issued by the Federal Service for Financial Markets,
hereinafter referred to as the Buyer, represented by Director General Sheveleva Oksana Viktorovna, acting under the Articles of Association, for the other part, hereinafter collectively referred to as the Parties and individually as
the Party, have entered into this Supplementary Agreement No. 1 to the Real Estate Sale and Purchase Agreement dated September 25, 2020 (hereinafter the Agreement) as follows: 

For the purposes of maintaining and compiling business and tax accounting, the Parties have agreed upon the price of the real estate fixtures included in the
Immovable Property specified in Appendix No. 2 to the Agreement, for which purpose they have specified the price of each real estate fixture in Appendix No. 1 to this Supplementary Agreement. 

Appendix No. 1 - Real Estate Fixtures Prices - is an integral part hereof. 

ADDRESSES AND DETAILS OF THE PARTIES 
  

			
	 Seller: Internet Logistics Limited Liability Company
  

Location/Postal address: 170540, Tver Region, Kalininsky District, Burashevskoye rural settlement, Borovlevo-2
industrial area, complex 1 A
	  	Buyer: Tetis Capital (Fiduciary Manager of Closed-End Investment Fund Tetis Capital), Location/Postal address: Russian Federation, 129090, Moscow, Botanichesky Lane, 5

 SIGNATURES OF THE PARTIES 
  

			
	Seller:	  	Buyer:
		
	/signature/ Geil A.V.	  	/signature/ Sheveleva O.V.
		
	/Seal: Internet Logistics Limited Liability Company	  	/Seal: Tetis Capital (Fiduciary Manager
of Closed-End Investment Fund Tetis Capital)/

  

			
	For the Seller /signature/ Geil A.V.	  	For the Buyer /signature/ Sheveleva O.V.

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