Document:

EX-10.9

 Exhibit 10.9 

EXECUTION VERSION 
 Notice of Senior
Executive Option Award 
 TO:    Alexander Shulgin (the “Recipient”) 

DATE:    01 August 2018 (as amended and restated on 17 November 2020) 

Pursuant to the Ozon Holdings Limited Equity Incentive Plan as in effect at the Award Date (“EIP” or the “Plan”), the Board of Ozon
Holdings Plc (the “Company”) is pleased to inform you that, subject to compliance with the terms set out in the EIP (and capitalised words and phrases in this notice will have the same meanings as set out in the EIP) and subject to the
Equity Incentive Agreement to be entered into between you and the Company, an award has been made to you as follows: 
  

	1.	 the Award Date is 01 August 2018; 

 

	2.	 the award is comprised of an option to purchase (the “Option”), in whole or in part, up to 1,058,275
Ordinary Shares (the “Total Option Shares”); 

  

	3.	 the Option will be effective upon the payment by you to the Company of $1,500,000 (the “Option Purchase
Price”); 

  

	4.	 the Exercise Price Per Ordinary Share shall be calculated at the time of each exercise hereunder as follows:

 {Tranche Value * 1.08^[(Date1-Date0) / 365]} / Total Option Shares 

Where: 

Tranche Value = Total Exercise Price * Applicable Exchange Rate 

Date0 = Award Date 

Date1 = Applicable Exercise Date 

Total Exercise Price = USD 4,000,000 

Applicable Exchange Rate = RUB 62,3497 
  

	5.	 the Option is granted under the EIP pursuant to clause 2.2.2 of the EIP, outside of the Reserved Pool, and
shall be subject to the terms and conditions set out in the Plan and the terms of the Equity Incentive Agreement (and in the event of an conflict, the terms of the Equity Incentive Agreement shall prevail); and 

 

	6.	 the Option will vest in full on 1 January 2019, subject to continued employment with the Company or its
subsidiaries in the same role (or a comparable or more senior role) (the “Vesting Date”). 

 Please confirm your acceptance by completing, signing and returning a copy of this Notice of Senior
Executive Option Award. 

 

			
	On behalf of Ozon Holdings Plc:
		
	By:	 	 /signature/ N.Belova

	Name:	 	 /Belova Nadezda/

	Title:	 	 /Director/

 

  Seal: 
   [Ozon 

  Holdings 
  PLC]

 

 

	
	 Name of Recipient as it is to appear on the

certificate representing ordinary shares:
  

	 Address of Recipient as it is to appear on the

register of members of the Company and to
 which the certificate
representing the ordinary
 shares issued to the Recipient is to be

delivered:

  

	
	 Agreed and Accepted:
  

	Dated /17.11.2020/
	

	
	  
 /Alexander Shulgin/

 

	 /address details/

	

  

	
	 /signature/ A. Shulgin

	Signature of Recipient
	

 
 

  
 2 

 AMENDED AND RESTATED EQUITY INCENTIVE AGREEMENT 

FOR AWARD OF AN OPTION TO PURCHASE ORDINARY SHARES 

by and between 
 ALEXANDER SHULGIN

 and 
 OZON HOLDINGS PLC 

DATED AS OF 17 NOVEMBER 2020 

 This AMENDED AND RESTATED EQUITY INCENTIVE AGREEMENT (the “Agreement”) is executed and made
effective as of the date set forth above BY AND BETWEEN: 
  

	(1)	 OZON HOLDINGS PLC, a public limited company organized and registered under the laws of the Cyprus with its
registered address at 2-4 Arch. Makarios III Avenue, 9th Floor Capital Center, 1505 Nicosia, Cyprus duly represented by Nadezda Belova, Director (hereinafter the “Company”); and 

 

	(2)	 the person named in the Notice attached hereto (the “Recipient”). 

The Company and the Recipient shall also be referred to herein collectively as the “Parties”. 

WHEREAS 
  

	(A)	 The Parties entered into an Equity incentive agreement for award of an option to purchase ordinary shares in
the Company dated August 1, 2018 (the “Equity Incentive Agreement”); 

  

	(B)	 On October 22, 2020 the Company was converted into public limited company and changed its name from Ozon
Holdings Limited to Ozon Holdings PLC; 

  

	(C)	 On October 15, 2020 the share capital of the Company was amended by subdivision of each Ordinary share of
USD0.025 each into 25 Ordinary shares of USD0.001 each; 

  

	(D)	 In accordance with clause 8.1 of the Equity Incentive Agreement the Parties have agreed to certain amendments
to, and agreed to amend and restate, the Equity Incentive Agreement as set forth below, and the Notice attached hereto, in both cases effective as of the date hereof. 

Definitions 
 For the purposes of this Agreement:

 “Board” means the board of directors of the Company elected in accordance with the articles of association of the Company

 “Control Stake Transaction” has the meaning given to it in the articles of association of the Company 

“Disability” means termination of a Recipient’s contractual or other arrangement binding him/her to exercise certain
chargeable duties for the benefit of the Group because of a physical or mental infirmity that impairs the Recipient’s ability to perform substantially their duties for a period of one hundred and eighty (180) consecutive days which is
sufficiently confirmed by a respective authority. 
  

 “Exercise Price Per Share” means the purchase price payable per Share upon
the exercise of the Option, as calculated from time to time as set out in the Notice. 
 “Group” means the Company and all
Subsidiaries together. 
 “Option Purchase Price” means the purchase price for the Option, which is defined in the Notice.

 “Ozon Bank Account” means the bank account details of the Company to be used for the transfer of the Option Purchase
Price, being: 
  
 ... 

or such other bank account details notified by the Company to the Recipient. 

“Person” means any natural person, firm, partnership, association, corporation, company, trust, business trust, Governmental
Authority or other entity. 
 “Share” means an ordinary share in the capital of the Company. 

“Subsidiary” means any Person Controlled by the Company or where the Company is a shareholder and Controls alone pursuant to
an agreement with other shareholders, a majority of voting rights in such Person. 
  

	1.	 Equity Incentive Award. 

 

	1.1	 Grant. Effective upon the Award Date (such date being the “Effective Date”), the Company hereby
awards to the Recipient, subject to the payment of the Option Purchase Price to Ozon Bank Account within ten Business Days of the Effective Date (to the extent not already paid), pursuant to the Company’s Equity Incentive Plan as in effect at
the Award Date, (the “EIP”), an option (the “Option”) to purchase Shares on the terms set out in the attached notice (the “Notice”). For the purposes of this Agreement the award date for the Option shall be the
‘Award Date’ as specified in the Notice (the “Award Date”). Upon the exercise of the Option (in whole or part) on the terms of this Agreement, the Company may at any time whilst American Depositary Shares representing Shares
(“ADSs”) are listed on a national securities deliver to the depositary of the Company (from time to time) (the “Depositary”) the number of Shares which are required to be issued to the Recipient and the Depositary shall be
instructed to deliver to the Recipient ADSs representing an ownership interest in such Shares and cause the ADSs (to the extent not already on deposit) to be included in the book entry transfer system managed by the Depositary and to be credited to
the securities account of the Recipient with the Depositary. Upon such ADSs being so credited, the relevant Shares shall be considered to have been issued by the Company to the Recipient without any further action being required.

  

	1.2	 Voluntary Option Exercise. The Option will be exercisable in whole or in part, at the election of the
Recipient, at any time following the Vesting Date. The Recipient shall in each case provide at least ten Business Days’ written notice to the Company: 

1.2.1 Providing the number of Shares in respect to which the Option shall be exercised if the payment is made in accordance with clause
1.2.2.1. of this Agreement or the portion of the Option which shall be exercised if the payment is made in accordance with clause 1.2.2.2. of this Agreement pursuant to such notice; and 

1.2.2 Whether the Option will be exercised by payment of the applicable Exercise Price: 

1.2.2.1 In full for cash, where the applicable Exercise Price shall be calculated as the Exercise Price per Share multiplied by the number of
Shares in respect to which the Option is being exercised; the Recipient shall comply with either clause 1.6.1 or 1.6.2, at his election within ten Business days from the date of the notice to the Company pursuant to clause 1.6 of this Agreement; or

 1.2.2.2 On a net exercise basis, pursuant to clause 1.5 of this Agreement. 

If the Recipient fails to pay the Exercise Price or inform the Company how the Option should be exercised within the above mentioned period
then the notice is considered revoked and no actions are taken by the Company. 
  

	1.3	 Mandatory Exercise Events. The Option is required to be exercised (to the extent then vested) upon the
occurrence of the following events (each, a “Mandatory Exercise Event”): 

 1.3.1 Immediately prior to the
closing of a Control Stake Transaction; or 
 1.3.2 Immediately prior to the tenth anniversary of the Award Date. 

 

	1.4	 Mandatory Exercise Event Notice. The Company shall provide not less than thirty days’ written notice to
the Recipient of any Mandatory Exercise Event (the “Mandatory Exercise Event Notice”). Upon receiving the Mandatory Exercise Event Notice and prior to ten Business Days before the Mandatory Exercise Event, the Recipient will inform the
Company whether the Option will be exercised by payment by the Recipient to the Company of the applicable Exercise Price: 

1.4.1 In full for cash, where the Exercise Price shall be calculated as the Exercise Price per Share multiplied by the Total Option Shares
outstanding as of the date of the Mandatory Exercise Event Notice; the Recipient shall comply with either clause 1.6.1 or 1.6.2, at his election not later than five Business days before the Mandatory Exercise Event; or 

1.4.2 on a net exercise basis, pursuant to clause 1.5 of this Agreement. 

If the Recipient fails to inform the Company how the Option should be exercised or fails to pay pursuant to clause 1.4.1 of the Agreement, the
Option will be exercised on a net exercise basis, pursuant to clause 1.5 of this Agreement. 
  

	1.5	 Net Exercise. Pursuant to an exercise under either clause 1.2 or 1.3 of this Agreement, the Recipient may elect
that an exercise be made on a net basis, such that the Company shall withhold a number of Shares with an aggregate market value on such date as is equal to the applicable Exercise Price Per Share multiplied by the number of Shares in respect of
which the Option is being exercised. The number of Shares to be withheld shall be determined by multiplying the Exercise Price per Share by the number of Shares in respect of which the Option is being exercised, and dividing the result by the Market
Price, where: 

 Market Price = the market value per Share on the relevant Exercise Date which shall be (i) the
closing price per Share (or during any period following a listing of ADSs on a national securities exchange, the average closing price per ADS on the primary exchange on which ADSs are listed, which for so long as ADSs are listed on NASDAQ shall be
NASDAQ) calculated over the period of 10 business days immediately prior to the relevant Exercise Date (in each relevant case, as adjusted to account for the ratio of Shares to ADSs representing shares of the Company, if necessary), and (ii) at any
other time when Shares or ADSs are not listed on a national securities exchange the market price determined in good faith by the Board of Directors. 

Cancellation: In case of Net Exercise when Market Price is equal to or less that the Exercise Price Per Share, then no Shares are issued
and the Agreement is terminated with regard to the number of Shares as to which the Option is exercised. 
  

	1.6	 Pursuant to an exercise under either clause 1.2 or 1.3 of this Agreement, the Recipient may elect that an
exercise be made on a cash basis, which shall be made (at the election of the Recipient): 

 1.6.1 in cash or wire transfer
to the order of the Company; or 
 1.6.2 if Shares (or ADSs) are then traded on the Nasdaq Stock Market, MOEX or any other internationally
recognised stock exchange (or any successor to any such exchange), by (A) delivery of an irrevocable and unconditional undertaking by a creditworthy broker to deliver promptly to the Company sufficient funds to pay the Exercise Price and any
required tax withholding, or (B) delivery by the Recipient to the Company of a copy of irrevocable and unconditional instructions to a creditworthy broker to deliver promptly to the Company cash or a check sufficient to pay the Exercise Price and
any required tax withholding. 
  

	2.	 Conditions to Options. 

2.1 Vesting of Options. Except as otherwise provided in this Agreement, the Option shall vest in full on the Vesting Date set forth in the
Notice. 
 2.1.1 Vesting will be suspended if the Recipient ceases carrying out chargeable duties for the benefit of the Company under a
contractual or other binding arrangement due to maternity/paternity leave. Such suspension starts from the last day of a calendar quarter preceding a calendar quarter when unpaid maternity/paternity leave starts but in any case not later than the
141st day of paid maternity/paternity leave. For the avoidance of doubt, for so long as the Recipient is a Russian tax resident, the start of paid maternity/paternity leave needs to be supported by a maternity/paternity sick list. The vesting period
continues and the suspension period finishes from the next date after the Recipient resumes carrying out chargeable duties for the benefit of the Company under a contractual or other binding arrangement. The vesting suspension period may be
reduced at the sole discretion of the Board. 
 2.2 Death or Disability of Recipient. In the case of a Recipient’s death the Shares
issued upon exercise of the Option shall be issued to the Recipient’s personal representatives (including his heirs by will and operation of law) or in the case of Disability to his authorised and lawful representatives. Any Shares that have
not vested by the date of death or Disability will lapse and become void on that date. 
 2.3 Rights attaching to the Option. The Option will
not entitle the relevant Recipient to vote or to receive dividends, to receive any financial reports from the Company and to access any information on the operational activity of the Group, including access to any documents relating to such
activity, which is not publicly available. 
 2.4 Rights attaching to Shares. Any Shares issued to the Recipient (or in the event of his
death, his personal representatives, including his heirs by will and operation of law or in the event of Disability to his authorised and lawful representatives) will be subject to the provisions of the articles of association of the Company in
force from time to time. A copy of the articles of association of the Company may be obtained on request from the Company secretary. The Recipient is required as a condition to the issuance of the Shares to him/her to execute and agree to be bound
by the terms of any shareholders’ agreement relating to the Company in force as at the time any Shares are issued. 
  

	3.	 Nontransferability of Rights. The Option is personal to the Recipient and no rights granted hereunder may be
transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise), other than to the Recipient’s representatives in accordance with clause 2.3, nor shall any such rights be subject to execution, attachment or
similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of such rights contrary to the provisions hereof, or upon the levy of any attachment or similar process upon such rights, this Agreement and all rights
of the Recipient herein shall, at the election of the Company, become null and void. 

  

	4.	 No Special Rights. Nothing contained in the EIP or this Agreement shall be construed or deemed by any Person
under any circumstances to bind the Company to offer or continue any contractual or other arrangement binding the Recipient to exercise certain chargeable duties for the benefit of the Group for the period within which this Agreement is valid.

  

	5.	 Adjustment Provisions. In the event of any share split, reverse share split, share dividend, recapitalization,
combination of shares, reclassification of shares, spin-off or other similar change in capitalization or event, or any dividend or distribution to shareholders of the Company other than an ordinary cash dividend, the number and class of securities
subject to the Option shall be equitably adjusted by the Company (or substituted awards may be made, if applicable) in the manner determined by the Board. 

  

	6.	 Withholding Taxes. The Company’s continuing obligation to issue or to procure the issuance of any Shares
herein shall be subject to the Recipient’s satisfaction of all applicable income tax obligations. 

  

	7.	 Termination. 

7.1 Termination Prior to Vesting. In the event that the Recipient’s employment terminates for any reason (including, for the avoidance of
doubt, Good Reason as defined by the EIP), then the: 
 7.1.1 The Option will terminate and be of no further force or effect, and 

7.1.2 The Option Purchase Price will be refunded by the Company to the Recipient in full (subject to any applicable tax withholding). 

7.2 The Option will terminate on the tenth anniversary of the Award Date. 

 

	8.	 Miscellaneous. 

8.1 Except as provided herein, this Agreement may not be amended or otherwise modified unless evidenced in writing and signed by the Company
and the Recipient. The Recipient shall have a unilateral right at all times to terminate this Agreement upon written notice to the Company. 

8.2 All notices under this Agreement shall be mailed or delivered by hand to the Parties at their respective addresses set forth beneath their
names below or at such other address as may be designated in writing by either of the Parties to one another. 
 8.3 This Agreement shall be
governed by and construed in accordance with the laws of England and Wales. 
 8.4 The Agreement shall be regulated by the EIP unless any
clause of the Agreement or the Notice expressly provides the opposite or expressly provides for a different regulation of any EIP provision. The Parties acknowledge that certain rights and obligations of the Parties pursuant to this Agreement may be
affected by the EIP and that the EIP may be modified from time to time by the Company without the Recipient’s approval. The Company undertakes to notify the Recipient from time to time of any changes that are made to the EIP and in the event of
any conflict between the terms of this Agreement and the EIP, the terms of this Agreement shall prevail, unless the Recipient consents to such changes in accordance with clause 8.1. 

8.5 The Recipient hereby consents to the collection, use and transfer of personal data as described in this section. The Recipient understands
that the Group holds certain personal information about him/her, including but not limited to his/her name, home address and telephone number, date of birth, identification document number, any shares or directorships held in the Company
(“Data”). The recipient further understands that the Company will transfer Data as necessary for the purposes of the EIP and may further transfer the Data to any third parties in the course of performance of its obligations under the EIP.
The Recipient understands that recipients of the Data may be located in Russia, Cyprus or elsewhere. The Recipient authorises further recipients to receive, possess, use, retain and transfer the Data in electronic or other form, for the purposes of
performance of the EIP. 
 8.6 In any applicable case the Company and/or any Subsidiaries shall be entitled to withhold or collect any
relevant taxes and/or contributions payable in connection with the issuance, exercise, conversion or transfer of the Option or Shares under this Plan. Notwithstanding the above, the Recipient hereby acknowledges and agrees that the responsibility
for paying any amounts of tax and/or social security contributions if any attributable to or payable in connection with any event pursuant to this Plan shall remain with and be a liability of the Recipient. The Recipient hereby further agrees to
provide the Company or a Subsidiary on request with such documentation, assurances or information as the Company or a Subsidiary may require to satisfy itself either that it may withhold any tax and/or social security contributions where the Company
or a Subsidiary has an obligation to do so, or that the Recipient himself will pay any such amounts of tax and/or social security contributions directly to the relevant authority in any jurisdiction in accordance to the relevant legislation. 

 

 8.7 The Recipient hereby acknowledges and agrees that Shares, redeemable preference shares,
any depositary shares or depositary receipts representing Shares, or any other securities of the Company (the “Securities”) have not been registered in the Russian Federation and will not be “placed”, “publicly placed”
or “publicly circulated,” including offered by means of advertisement, in the Russian Federation (within the meaning of Article 51.1 of the Russian Federal Law “On the Securities Market” No. 39-FZ, dated April 22, 1996, as
amended) save for ADSs which are expected to admitted to “public circulation” in the Russian Federation by virtue of listing on the Moscow Exchange on or about the date of the listing of ADSs on Nasdaq stock exchange. Unless and until the
Securities are registered on a Form S-8 by the Company, the Recipient agrees and acknowledges that that the Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or
with any securities regulatory authority in any state or other jurisdiction of the United States, and may not be offered or sold to any U.S. person or within the United States except pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the Securities Act and of the securities laws of any state or other jurisdiction of the United States; and that it is acquiring the Securities in an offshore transaction exempt from the registration requirements of
the Securities Act as provided by Regulation S thereunder. Persons who are deemed to be “affiliates” of the Company under the U.S. securities laws may be subject to further restrictions on transfer, regardless of whether or not the
Securities have been registered on a Form S-8 by the Company. 
 8.8 This Agreement contains the entire agreement between the parties
relating to the subject matter of this Agreement and replaces and supersedes all previous written and verbal agreements relating to the same. 

 Executed as a deed for and on behalf of OZON HOLDINGS PLC 

 

			
		 	 /signature/ N. Belova

	By:	 	Belova Nadezda
		 	Director

  

			
	
	in the presence of:
	Witness	 	
	Signature:	 	 /signature/ 

		
	Name:	 	Efstratiou Niki
		
	Occupation:	 	Accountant
		
	Address:	 	 /address details/

  

			
	Executed as a deed by
	ALEXANDR SHULGIN
		
	Recipient	 	
	Signature	 	 /signature/

	
	in the presence of:
	Witness	 	
	Signature:	 	 /signature/ 

		
	Name:	 	/Svetlana Panfilova/
		
	Occupation:	 	/Lawyer/
		
	Address:	 	 /address details/EX-10.10

 Exhibit 10.10 

OFFICE LEASE AGREEMENT 
 This
Office Lease Agreement (the “Lease”), signed this 28th day of April 2018, in Moscow, the Russian Federation, by and between: 

City Center Investment B.V., a company incorporated under the laws of the Netherlands, with its principal place of business at: Jupiterstraat 55,
2132HC Hoofddorp, the Netherlands, registered by the Chamber of Commerce and Industry for Amsterdam on February 10, 2003 under the file number 34186163, having on the territory of the Russian Federation its representative office at: 10
Presnenskaya Naberezhnaya, Moscow, Russia, number of accreditation entry 20150005392, Accreditation Certificate issued by Inter-District Office of the Federal Tax Service No.47 of Moscow on May 06, 2015 on the blank series 77 No. 016288433, INN
9909123302, KPP 773851001, represented by General Representative Mr. Yilmaz Musir Emre and Representative Ms. Trifonova Ksenia Olegovna, acting jointly on the basis of the Power of Attorney dated November 01, 2016
(“Landlord”), and 
 Limited Liability Company “Internet Decisions”, incorporated under the laws of the Russian Federation
under the main state registration number (OGRN) 1027739244741, with its principal place of business at Chapaevskiy per., build. 14, premises V, floor 4, room 41, Moscow, 125252, Russia, INN/KPP 7704217370/774301001, represented by its General
Director Mr. Shulgin Alexandr Alexandrovich, acting on the basis of the Charter (“Tenant”), 
 hereinafter jointly referred to as the
“Parties” and separately as a “Party”, 
 WITNESSETH: 

WHEREAS, Landlord is the owner of the office building located at 10 Presnenskaya Naberezhnaya, Moscow, Russia according to the system of street names
and numbering as in official use in Moscow, Russia as of the date of this Lease (the “Building”); Certificate of State registration of Right series 77-AP No 126020, issued by Department of
Federal Service of State Registration, Cadastre and Cartography on the territory of Moscow on April 21, 2014 (registration
No. 77-77-11/014/2008-279 dated March 17, 2008); and 

WHEREAS, Landlord desires to transfer for a valuable consideration to Tenant for temporary use and possession (lease) and Tenant wishes to accept from
Landlord certain office space depicted on the floor plans attached hereto as Exhibit A and Exhibit Al, totally consisting of an agreed 10 036 square meters of Tenant’s Rentable Area measured and calculated according to
American National Standard for measuring floor space in office buildings (BOMA) (as such measurement is defined in item (a) of Exhibit C attached hereto), namely 9 104 square meters on the
30th, 32nd, 41st, 42nd floors,
including 1005 square meters on the 29th floor (jointly the “Premises 1”) as well as 932 square meters on 29th floor (the
“Premises 2”) of the 59-floor part of the office Building (hereinafter the Premises 1 and the Premises 2 are jointly referred to as the “Premises” (as more particularly
described in paragraph (b) of Exhibit C attached hereto)), and 
 WHEREAS, Landlord desires to lease the Premises to Tenant, subject to
and in accordance with the terms and conditions set forth in this Lease, 

 NOW, THEREFORE, the Parties have agreed as follows. 

ARTICLE I 
  

	1.1	 Subject of Lease 

Landlord does hereby transfer for temporary use and possession to Tenant, and Tenant does hereby accept from Landlord for a valuable
consideration and agree to occupy, during the Term (as defined below) or renewed Term the Premises upon the terms and conditions which hereafter appear. Tenant shall further have the right, during the Term, or renewed Term, to use the Common Areas
(as defined below) subject to such rules and regulations of the Building as may be prescribed by Landlord from time to time for the use thereof. In accordance with this Lease and effective legislation Landlord shall also provide to Tenant a parking
permit with regard to parking spaces, maintenance services, as well as other services that may be agreed by the Parties. 
  

	1.2	 Premises condition 

The Premises 1 shall be transferred to Tenant on the Commencement Date 1 and Premises 2 shall be transferred to Tenant on the Commencement Date
2 by Landlord in as-is condition in accordance with the specifications attached hereto as Exhibit B. 

Herewith, Landlord undertakes by its own means (with use of Landlord’s standard materials) and at its own cost to perform re-painting of walls and re-carpeting works in the Premises 1 and the Premises 2 before the Commencement Date 1 and the Commencement Date 2 accordingly. For the re-carpeting works, in case the delivery of carpet (for all or part of the Premises) is delayed for any reason that is beyond the control of Landlord and/or in case the carpet material is not available in the stocks
as of signing this Lease (for all or part of the Premises), then Landlord shall carry out carpeting works after handover of the Premises, out of business hours, as per the schedule to be agreed by the Parties for that specific part of the Premises.
Such delay in carpeting works shall not in any case be interpreted as delay in delivery of Premises. In addition to the above, upon Tenant’s request Landlord by its own means and at its own cost will perform minor modifications in the Premises
internal, layout, as per the layout plans of the 30th, 32nd, 41st and 42nd floors attached hereto as Exhibit H. Layout plan of the 29th floor will be agreed by the Parties in Exhibit H1 by signing amendment
agreement hereto. 
  

	1.3	 Fit-out of the Premises 

If Tenant requires to make any further modifications in the Premises internal layout (other than mentioned in Article 1.2 above), such
works shall be pre-approved by Landlord and done at Tenant’s cost with appointment of contractors agreed with Landlord (such works hereinafter – the
“Fit-out” or “Fit-out works”). 

Fit-out works shall be performed according to the standards of good design practice appropriate to the
nature of the Building and purpose as Class A office building in the city of Moscow and shall be in compliance with the regulations of all competent governmental bodies and local standards and norms, Rules of the Building, Fit-out Guideline and other requirements, specified in Exhibit B hereto. 

  
 - 2 - 

 Landlord has the right to adjust any Tenant’s
Fit-out works to the extent it is necessary to ensure the quiet enjoyment of premises and Common Areas by other tenants in the Building. Landlord must act reasonably, and Tenant shall irrevocably follow to
Landlord’s directions, coordinating with Landlord Tenant’s Fit-out works schedule. No disturbance (including noise or smell or dirt or rubbish or any other kind of disturbance) to other tenants or to
Landlord shall be caused by Tenant’s Fit-out works. At Landlord’s reasonable demand and if no alternative method can be agreed, such works shall be done out of normal business hours. If in violation
of requirements of this Article any such works are done without prior Landlord’s approval or with breach of Landlord’s instruction then Landlord shall have the right (provided that Landlord has informed Tenant of any breach within a
reasonable time period) to take possible measures for preventing continuation of such works, including but not limited to cancellation of access for Tenant’s contractors, full stoppage of Tenant’s
Fit-out works and stop provision of all or any part of the Landlord’s Maintenance Services, which shall not be regarded as violation of Landlord’s obligations of whatever kind, notwithstanding
anything to the contrary in this Lease, but a retaliatory measure

 Tenant shall implement the provision on such irrevocable Landlord’s control into contracts with all Tenants’ contractors and shall guarantee the fulfilment of the above provisions up to termination of such
contracts. 
  

	1.4	 Additional Services 

During the Term or renewed Term of the Lease, Landlord may render to Tenant additional services at a cost of up to USD 8 000 (eight thousand US
Dollars) (references in this Lease to US Dollars shall be references to the lawful currency from time to time of the United States of America) per request, as budgeted by Landlord, related to the lease (including, but not limited to cleaning
services, management services, services on arrangement of some kind of works etc.) at Tenant’s written request made in the form of Exhibit F hereto. Landlord renders such services for additional fee during certain term to be agreed by the
Parties. Landlord shall have a right to refuse from rendering any additional services requested by Tenant. The cost of such additional services shall be paid by Tenant to Landlord in full in advance within 7 (seven) calendar days as of issuing
Landlord’s pro-forma invoice therefor. Within 5 (five) calendar days as of completion of such additional services the Parties shall sign the act of rendered services. 

 

	1.5	 Parking 

  

	 	(a)	 Starting from the Commencement Date 1 and during the remainder of the Term and renewed Term in case of the
Lease automatic renewal as provided for in item (a) of Article 2.2 hereof Landlord shall provide Tenant with parking permit (hereinafter—the “Parking Permit”) with regard to 4 (four) underground car parking spaces
for a fee (the “Parking Fees”) which shall be calculated and payable in accordance with the following schedule: 

  
 - 3 - 

	 	(i)	 the first Parking Fees payment in the fixed amount of USD 5 185,75 (five thousand one hundred eighty-five and
75/100 US Dollars) shall be paid by Tenant within 10 (ten) business days upon the date of signing hereof. This amount shall be for, and applied to the period from June 01, 2018 till November 30, 2018 inclusive; 

 

	 	(ii)	 the second Parking Fees payment in the amount of USD 1 766,58 (one thousand seven hundred sixty-six and 58/100 US Dollars) shall be paid by Tenant on or before December 01, 2018. This amount shall be for, and applied to the period from December 01, 2018 till December 31, 2018 inclusive;

  

	 	(iii)	 from January 01, 2019 till the end of the Term, and in case of the Lease automatic renewal as provided for in
item (a) of Article 2.2 hereof—till May 31, 2019 inclusive, Tenant shall make Parking Fees payments on the basis of calendar quarters, in advance, in accordance with Article 3.6 of this Lease. The amount due for the
payment period shall be calculated by multiplying the number of parking spaces by the Parking Fees rate of USD 5200 (five thousand two hundred US. Dollars) per parking space per year, dividing the result by number of days in that year and
multiplying it by the actual number of days in respective payment period; 

  

	 	(iv)	 thereafter and till the end of the renewed Term, Tenant shall make Parking Fees payments on the basis of
calendar quarters, in advance in accordance with Article 3.6 of this Lease. The amount of Parking Fees due for a payment period shall be calculated by multiplying then-effective Parking Fees rate per parking space per year by number of
parking spaces, dividing the result by number of days in that year and multiplying the result by the actual number of days in that payment period. Herewith new Parking Fees rate per parking space per year shall be determined each year starting from
June 01, 2019 and each following June 01 by increasing the Parking Fees rate effective on the Date of recalculation (as defined below) according to Parking Fees Rate Indexation. The Parking Fees Rate Indexation shall
mean annual 5% (five percent) increase of then-current rate of Parking Fees. Upon recalculation the rate shall be used with two decimals. Each such recalculation of Parking Fees rate will be effected by adjusting the amount of Parking Fees
due from Tenant for the payment period (and subsequent periods in that 12-months period) in the relevant invoices issued by Landlord. 

For avoidance of doubts, for the purpose of the first Parking Fees Rate Indexation, to be made on June 01, 2019 the Parking Fees rate in
the amount of USD 5200 (five thousand two hundred US Dollars) per parking space per year shall be used. 

  
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	 	(b)	 In addition to the above, starting from November 30, 2018 Landlord provides Tenant with parking permit in
respect of up to 100 (one hundred) car parking spaces ar Multi-level Carpark in Moscow, located under the flyover of the Third Transport Ring Road in the area of MIBC “Moscow-City” at the rate in the amount of USD 4800 (four thousand eight
hundred US Dollars) under a separate agreement to be signed between the Parties, provided that Tenant notifies Landlord on required quantity of parking spaces not later than November 01, 2018. 

 

	1.6	 Transfer of Premises 

Landlord shall transfer the Premises 1 to Tenant on the basis of the Act of Transfer and Acceptance of the. Premises 1 to be signed between the
Parties on the Commencement Date 1 (as defined below) in the form attached hereto as Exhibit D and the Premises 2 to Tenant on the basis of the Act of Transfer and Acceptance of the Premises 2 to be signed between the Parties on the Commencement
Date 2 (as defined below) in the form attached hereto as Exhibit Dl. Landlord shall not be obligated to sign the Act of Transfer and Acceptance of the Premises if the first instalment of the Security Deposit (as defined below) and/or
first payments of Parking Fees, Base Rent and/or Fixed Maintenance Charge have not been fully and timely paid by Tenant. Non-execution of the Act of Transfer and Acceptance of the Premises shall not relieve
Tenant from obligation to pay the Base Rent and other sums due under this Lease 
  

	1.7	 Tenant’s Rentable Area 

For the purpose of Base Rent and Fixed Maintenance Charge calculation hereunder the results of measurements of the Tenant’s Rentable Area
defined and calculated according to American National Standard for measuring floor space in office buildings ANSI/BOMA Z65.1-1996, published by the Building Owners and Managers Association International
(BOMA), June 07, 1996 printing, shall be used. In accordance with BOMA measurements total area of the leased Premises is 10 036 square meters (“Tenant’s Rentable Area”), including the Premises 1 of 9104 square meters and
the Premises 2 of 932 square meters. 
  

	1.8	 Parties’ Additional Obligations 

Simultaneously with signing hereof the Parties shall enter into a preliminary agreement under which they will be obliged to conclude in future
an amendment agreement hereto (in the form attached to the preliminary agreement), making this Lease a long-term lease agreement (hereinafter the “Preliminary Agreement” and the “Amendment Agreement” accordingly).

 Within 3 (three) calendar months upon the Commencement Date 2 (as defined below), Landlord by its awn means but at Tenant’s cost will
take measures necessary and sufficient for the purpose of the state cadastral registration of the Premises, including (i) arrangement of making measurements of the Premises by cadastral engineer, (ii) obtainment of all necessary
documentation (inter alia, floor plan and explication, project documentation, technical report, technical plan). Tenant shall pay to Landlord a fee in the amount of USD 11 965,81 (eleven thousand nine hundred sixty-five and 81/100 US Dollars)
plus 18% VAT, within 14 (fourteen) calendar days upon issuance of respective invoice by Landlord and render necessary assistance, to Landlord for fulfillment of the specified measures by the latter and achievement of a goal mentioned in this Article
1.8. 

  
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	1.9	 Expansion Right 

Landlord will grant to Tenant one-time right to lease additional premises in the Business Centre
“Naberezhnaya Tower” subject to compliance with the following conditions: 
  

	 	–	 total rentable area of such premises shall be not less than 1800 and no more than 2100 square meters according
to BOMA measurements; 

  

	 	–	 Tenant will be granted with a right of access to such premises in as-is
condition not earlier than April 01, 2019 and not later than October 01, 2019. 

 Subject to the foregoing, Landlord shall
send relevant offer(s) to Tenant on or before February 28, 2019 in order to comply with above conditions. The Parties shall agree commercial terms in a part of Base Rent and Fixed Maintenance Charge and enter into respective amendment agreement
till March 31, 2019. In case the agreement is not reached by the Parties within the specified above term, Tenant shall forfeit the right to lease additional premises granted to it by this Article 1.9. 

 

	1.10	 Right of refusal 

Subject to fulfilment by Landlord of previous obligations before existing tenants in the Building, Tenant shall have the right of refusal from
additional premises located in the middle lift group from 26th to 45th floors of the Building, when such premises become vacant, under the commercial terms and conditions in a part of Base Rent and Fixed Maintenance Charge to be agreed by the
Parties. If such premises become available, Landlord shall in good faith notify Tenant of the same in writing and Tenant shall reply to Landlord within 10 (ten) business days of such notification whether it is interested in leasing the specified
premises. If Tenant rejects Landlord’s offer or does not respond to Landlord within 10 (ten) business days, then Landlord shall have the right to lease such space to any third party. If Tenant responds within the specified 10 (ten) business
days that it is interested in the lease of such premises, Landlord and Tenant shall enter into the lease agreement in respect of the specified premises within 1 (one) month of Landlord’s notification. 

ARTICLE II 
  

	2.1	 Term 

Tenant shall have and hold the Premises and make payments due under this Lease for a term (the “Term” or the “Term of
this Lease”) commencing for the Premises 1 on the Commencement Date 1, which shall be June 01, 2018 and for the Premises 2 — on the Commencement Date 2 which shall be — September 01, 2018. Unless sooner
terminated or renewed as herein provided, the Term shall end at 11.59 pm on March 27, 2019 inclusive. Without prejudice to other Landlord’s remedies under the Lease, in case of non-fulfillment by
Tenant of its obligation to pay the Security Deposit and/or first 

  
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payments of Parking Fees, Base Rent and/or Fixed Maintenance Charge, at its sole discretion, unilaterally refuse from performance of this Lease by sending a written notice to Tenant, specifying
the termination date. At the end of the Term (including expiration of the Term and early termination of the Lease) the Parties shall enter into a termination agreement to reflect the end of their lease relations 

Without prejudice to the foregoing, Landlord shall have the right to postpone Commencement Date 2 for a period of up to 4 (four) months (i.e.
till January 01, 2019) upon reasonable prior notification to Tenant, since it shall negotiate surrender of the Premises 2 with its current occupier to ensure their transfer subject to Landlord’s renovation obligations described in Article
1.2 herein, on September 01, 2018. In this case, the Parties shall execute an amendment agreement to the Lease to revise the Commencement Date 2 for the Premises 2. In such a case a part of Base Rent and Fixed Maintenance payments paid in
respect of the Premises 2 in advance, shall be applied for payment of future periods starting from such postponed Commencement Date 2. 
  

	2.2	 Automatic Renewal 

 

	 	(a)	 This Lease shall be automatically renewed for new terms of 11 (eleven) months each under the same terms and
conditions as contained herein until August 31 2025 inclusive. 

  

	 	(b)	 There shall be no extension of the Term or renewal of this Lease (save as provided for in item (a) of this
Article 2.2) by operation of law nor shall Tenant enjoy any rights of first refusal or pre-emption in relation to this Lease or the Premises Without limitation to the foregoing, the Parties agree that
Tenant shall not at any time have the rights contained in Article 621 of the Civil Code of the Russian Federation. The only right of renewal shall be that relating to the additional terms in item (a) of this Article 2.2.

  

	2.3	 Return of Premises and Penalty on Late Return 

Upon termination or expiration of the Lease Term, or in case of changing of Tenant’s Rentable Area, Tenant shall peaceably vacate and
transfer the Premises or its respective part to Landlord on the basis of an Act of Transfer and Acceptance of the Premises (Exhibit G of this Lease) to be signed between the Parties and shall forfeit the Parking Permit with regard to the
parking spaces or their respective part. If upon termination or expiration of the Term of this Lease or in case of changing of Tenant’s Rentable Area Tenant delays vacation or transfer of the Premises to Landlord or continues to use provided
Parking Permit, Landlord shall have the right to demand from Tenant and Tenant shall pay to Landlord on such demand a penalty in the amount of 150% of daily amount of Base Rent, Parking Fees and Maintenance Charge per each day of such delay for the
whole or respective part of the Premises or parking spaces. For the avoidance of doubt, any such delay in vacation or transfer of the Premises from Tenant to Landlord in case of termination or expiration of this Lease, including non-signing of the Act of Transfer and Acceptance of the Premises, shall not be considered extension of the Term. For the purpose of this Article daily amount of Base Rent, Parking Fees and Maintenance Charge shall
be calculated by dividing, respectively, annual amount of then-current Base Rent, Parking Fees and Maintenance Charge by number of days in that calendar year. 

  
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 ARTICLE III 
  

	3.1	 Base Rent 

Starting from the Commencement Date 1 for the Premises 1 and from Commencement Date 2 for the Premises 2 and during the remainder of the. Term
and renewed Term in case of the Lease automatic renewal as provided for in item (a) of Article 2.2 hereof Tenant shall pay to Landlord as a rent the amounts (hereinafter — the “Base Rent”), calculated and payable in
accordance with the following schedule: 
  

	 	(i) –	 the first instalment of the first Base Rent payment (in respect of the Premises 1) in the fixed amount of USD 1
134 882,19 (one million one hundred thirty-four thousand eight hundred eighty-two and 19/100 US Dollars) shall be made by Tenant within 10 (ten) business days upon signing hereof. This amount shall be for, and
applied to the period from June 01, 2018 till November 30, 2018 inclusive; 

  

	 	    –	 the second instalment of the first Base Rent payment (in respect of the Premises 2) in the fixed amount of USD
116 180,82 (one hundred sixteen thousand one hundred eighty and 82/100 US Dollars) shall be made by Tenant within 10 (ten) business days upon signing hereof. This amount shall be for, and applied to the period from September 01, 2018 till
November 30, 2018 inclusive; 

  

	 	(ii)	 the second Base Rent payment for the Premises in the amount of. USD 426 186,30 (four hundred twenty-six thousand one hundred eighty-six and 30/100 US Dollars) shall be made by Tenant on or before December 01, 2018. This amount shall be for, and applied to the period
from December 01, 2018 till December 31, 2018 inclusive; 

  

	 	(iii)	 from January 01, 2019 till the end of the Term, and in case of the Lease automatic renewal as provided for in
item (a) of Article 2.2 hereof—May 31, 2019 inclusive, Tenant shall make Base Rent payments for the Premises on the basis of calendar quarters in advance, in accordance with Article 3.6 of this Lease. The amount due for the
payment period shall be calculated by multiplying the Base Rent rate of USD 500 (five hundred US Dollars) per square meter per year by amount of square meters of Tenant’s Rentable Area, dividing the result by number of days in that year
and multiplying the result by the actual number of days in that payment period; 

  

	 	(iv)	 thereafter and till the end of the renewed Term, Tenant shall make Base Rent payments for the Premises on the
basis of calendar quarters, in advance in accordance with Article 3.6 of this Lease. The amount of Base Rent due for a payment period shall be calculated by multiplying then-effective rate of Base Rent per square meter per year by amount of
square meters of Tenant’s Rentable 

  
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Area, dividing the result by number of days in that year and multiplying the result by the actual number of days in that payment period. Herewith, new Base Rent rate shall be determined annually
starting from June 01, 2019 and each following June 01 according to Base Rent Rate Indexation. The Base Rent Rate Indexation shall mean annual 5% (five percent) increase of then-current rate of Base Rent Upon recalculation the
rate shall be used with two decimals Each such recalculation of Base Rent rate will be effected by adjusting the amount of Base Rent due from Tenant for the payment period (and subsequent periods in that
12-months period) in the relevant invoices issued by Landlord. 

 For avoidance of
doubts, for the purpose of the first Base Rent Rate Indexation, to be made on June 01, 2019, the rate of Base Rent of USD 500 (five hundred US Dollars) per annum per square meter of Tenant’s Rentable Area shall be used as Base Rent rate
effective on the date of the first Base Rent Rate Indexation. 
  

	3.2	 Security Deposit 

To secure performance of Tenant’s obligations hereunder Tenant shall pay to Landlord a security deposit in the amount of USD 1 606
309,92 (one million six hundred six thousand three hundred nine and 92/100 US Dollars) (the “Security Deposit”) in two installments as follows: 
  

	 	–	 the first instalment of the Security Deposit in the amount of USD 1 065 053,32 (one million sixty-five thousand
fifty-three and 32/100 US. Dollars) shall be paid by Tenant within 10 (ten) business days upon the date of signing hereof, 

  

	 	–	 the second instalment of the Security Deposit in the amount of USD 541 256,60 (five hundred forty-one thousand two hundred fifty-six and 60/100 US Dollars) shall be paid by Tenant on or before June 01, 2019. 

Tenant and Landlord agree that Landlord shall be entitled at any time to deduct from the amount of the Security Deposit amounts for
compensation of Tenant’s indebtedness in payments of Base Rent or other sums due under this Lease and any damage caused by Tenant to the Premises or to the Building. If Landlord draws against the Security Deposit at any time during the Term or
renewed Term Tenant shall within 7 (seven) days upon Landlord’s demand pay to Landlord the sum necessary to restore the Security Deposit to its due amount. Tenant and Landlord agree that in case of the Lease automatic renewal as provided for in
item (a) of Article 2.2, the amount of the Security Deposit shall be recalculated on June 01, 2019 and each following June 01 throughout the renewed Term of the Lease, so that to be equal to the sum of the then-current Base
Rent and Fixed Maintenance Charge for 92 (ninety two) days. Tenant shall restore the Security Deposit to its full amount due after such recalculation within 10 (ten) working days as of date of receipt of original invoices issued by Landlord
accordingly. Subject to signing of termination agreement to the Lease within 30 (thirty) calendar days upon termination or expiration of the Term or renewed Term of this Lease Landlord shall return to Tenant the Security Deposit in Russian Roubles
based on the rate stated in item (b) of Article 3.4 below (with the deduction of all sums due to Landlord under this Lease) except for in cases when this Lease is terminated before expiration of the Term (or any renewed Term)

  
 - 9 - 

 
due to Tenant’s fault or where Tenant is under the laws of its incorporation (or other applicable legislation) declared bankrupt or goes into liquidation or where Tenant is dissolved or
ceases to exist under the laws of its incorporation, and also if Tenant does not meet liabilities, set by item (d) of Article 12.1 hereof in which cases the whole amount of the Security Deposit remains at Landlord’s property. 

 

	3.3	 Taxation of Base Rent and Other Obligations 

All monetary payments, obligations and calculations to be made under this Lease, including but not limited to Base Rent, Security Deposit,
Maintenance Charge and Parking Fees are completely exclusive of value added tax or any other similar tax that is, or may be, levied on such payments which taxes shall therefore be payable, where due, in addition to the sums stated. Landlord reserves
the right to at any time require Tenant to pay, as a separate and distinct monetary obligation, to local, regional or federal taxation authorities in the Russian Federation, or, if applicable, to Landlord, the full amount of any tax, penalty or duty
that is, or may be imposed in relation to any payments to be made under this Lease or in respect of the Premises. For the avoidance of doubt, each Party shall be obliged to pay its own taxes. 

Landlord shall issue acts and tax-invoices hereunder in accordance with requirements of effective
legislation in Russian Roubles at the fixed rate of 58,50 (fifty-eight and 50/100) Russian Roubles for 1 (one) US Dollar 
  

	3.4	 Manner of Payment of Rent and Other Obligations 

 

	 	(a)	 All amounts owing to Landlord under or relating to this Lease shall be paid in Russian Roubles (references in
this Lease to the. Russian Roubles shall be references to the lawful currency from time to time of the of the Russian Federation) by wire transfer into Landlord’s bank account, as may be designated by Landlord. The amount due on the Payment
Order Date (as defined below) in Russian Roubles shall be calculated on the basis of the Rouble Equivalent (as defined below). 

  

	 	(b)	 To calculate the Rouble Equivalent of any amount due hereunder the Parties agreed to apply fixed rate of
58,50 (fifty-eight and 50/100) Russian Roubles for 1 (one) US Dollar (the “Rouble Equivalent”). If during the Term of the Lease or renewed Term the average official rate for US Dollar established by Central Bank of
Russian Federation for the quarter is more than 15% (fifteen percent) of the average official rate for US Dollar established by the Central Bank of Russian Federation for the previous quarter, the Parties will have the right to renegotiate the
commercial terms of the Lease. In case the agreement is not reached by the Parties within 1(one) month, each Party shall have the right to early terminate the Lease subject to notification not less than 2 (two) months and up to 6 (six) months before
the intended date of termination. 

  
 - 10 - 

	 	(c)	 The Payment Order Date shall be the date on which Tenant submits to its bank the payment order for the
respective amount due under this Lease, in confirmation of which the bank of Tenant will date the respective payment order and affix to it the stamp of the bank. The Payment Order Date shall be used only for the purposes of calculating the amount
due in Russian Roubles and shall not mean the date of performance of the respective monetary obligation. The date of performance of a monetary obligation under this Lease shall be the Performance Date. 

 

	 	(d)	 Any payment under this Lease shall be considered to be made by one Party and received by the other on the date
when the amount of such payment is credited to the payee’s bank correspondent account (the “Performance Date”). 

  

	 	(e)	 No payment obligation under this Lease may be settled in cash. 

 

	 	(f)	 Tenant is obliged to pay all bank commissions and bear any other expenses for the payment that may be requested
by Tenant’s bank and/or by a third bank until the moment the payment is credited to correspondent account of Landlord’s bank. 

  

	3.5	 Rent Control 

Each Party irrevocably waives the benefit of any laws applicable to this Lease or to the Premises which would control, reduce or increase the
rate of Base Rent provided for in this. Lease, and the Parties agree to co-operate with each other to effectuate the terms of this Lease, which cooperation may include, without limitation, the termination of
this. Lease and the execution of a new lease agreement covering the Premises, if this should be necessary in judgement of negatively affected Party. In the event any laws affecting the Base Rent payable under this Lease are not, in judgement of
negatively affected Party, legally capable of circumvention so that the terms of this Lease may be effectuated, the negatively affected Party shall have the right, at its option, to terminate this Lease by 3 (three) months prior written notice given
to the other Party. 
  

	3.6	 Date of Base Rent, Fixed Maintenance Charge and Parking Fees Payments 

Payments of Base Rent, Parking Fees and Fixed Maintenance Charge due for calendar quarter under this Lease shall be made on or before the later
of: (i) 1st day of the calendar quarter for which the payment is to be made (which is respectively 1st of April, 1st of July and 1st of October of each year within the Term or renewed Term of the Lease), except for each first calendar quarter (which begins from
the 1st of January), payment for which shall be effected not later than 3 (three) working days before the end of the preceding year, or (ii) within 14 (fourteen) calendar days upon issuance
of Landlord’s pro forma invoice for the respective calendar quarter. For any other payments due under the Lease which is not listed in this Article, due date of, payment shall be the date specified in respective invoice. 

 

	3.7	 Charge for Late Payment 

In the event any payment due to Landlord under this Lease is not made within 10 (ten) days of its due date, Landlord shall have the right to
demand from Tenant and Tenant shall pay to Landlord on such demand a late charge in an amount equal to 0.1% of the amount in arrears per day of delay (“Penalty”). For the purpose of this Article, due date means date specified in
Article 3.6 of this Lease for regular payments of Base Rent, Fixed Maintenance Charge and Parking Fees, or the date specified in respective invoice for any other payment which is not listed in this Article. 

  
 - 11 - 

 ARTICLE IV 
  

	4.1	 Maintenance Charge 

Tenant shall pay to Landlord maintenance charge for provision of Landlord’s Maintenance Services as described in Article 9.1 below
(“Maintenance Charge”). Maintenance Charge consists of the fixed (“Fixed Maintenance Charge”) and the calculated (“Calculated Maintenance Charge”) parts. 

 

	 	(a)	 Starting from the Commencement Date 1 for the. Premises 1 and from Commencement Date 2 for the Premises 2 and
during the remainder of the Term and renewed Term in case of the Lease automatic renewal as provided for in item (a) of Article 2.2 hereof Tenant shall pay to Landlord Fixed Maintenance Charge calculated and payable in accordance with
the following schedule: 

  

	 	(i) –	 the first instalment of the first Fixed Maintenance Charge payment (in respect of the Premises 1) in the fixed
amount of USD 306.418,19 (three hundred six thousand four hundred eighteen and 19/100 US Dollars) shall be made by Tenant within 10 (ten) business days upon signing hereof. This amount shall be for, and applied to the period from June 01, 2018 till
November 30, 2018 inclusive; 

  

	 	    –	 the second instalment of the first Fixed Maintenance Charge payment (in respect of the Premises 2) in the fixed
amount of USD 31 368,82 (thirty-one thousand three hundred sixty-eight and 82/100 US Dollars) shall be made by Tenant within 10 (ten) business days upon signing hereof. This amount shall be for, and applied to
the period from September 01, 2018 till November 30, 2018 inclusive. 

  

	 	(ii)	 the second Fixed Maintenance Charge payment for the Premises in the amount of USD 115 070,30 (one hundred
fifteen thousand seventy and 30/100 US Dollars) shall be made by Tenant on or before December 01, 2018. This amount shall be for, and applied to the period from December 01, 2018 till December 31,2018 inclusive; 

 

	 	(iii)	 from January 01, 2019 till the end of the Term, and in case of the Lease automatic renewal as provided for in
item (a) of Article 2.2 hereof — till May 31, 2019 inclusive, Tenant shall make Fixed Maintenance Charge payments for the Premises on the basis of calendar quarters in advance, in accordance with Article 3.6 of this
Lease. The amount due for the payment period shall be calculated by multiplying the Fixed Maintenance Charge rate of USD 135 (one hundred thirty five US Dollars) per square meter per year by amount of square meters of Tenants Rentable Area,
dividing the result by number of days in that year and multiplying the result by the actual number of days in that payment period, 

  
 - 12 - 

	 	(iv)	 thereafter and till the end of the renewed Term, Tenant shall make Fixed Maintenance Charge payments for the
Premises on the basis of calendar quarters, in advance in accordance with Article 3.6 of this Lease. The amount of Fixed Maintenance Charge due for a payment period shall be calculated by multiplying then-effective rate of Fixed Maintenance
Charge per square meter per year by amount of square meters of Tenants Rentable Area, dividing the result by number of days in that year and multiplying the result by the actual number of days in that payment period. Herewith new Fixed Maintenance
Charge rate shall be determined annually starting from June 01, 2019 and each following June 01 according to Fixed Maintenance Charge Rate Indexation. The Fixed Maintenance Charge Rate Indexation shall mean annual 5% (two
percent) increase of then-current rate of Fixed Maintenance Charge. Upon recalculation the rate shall be used with two decimals. Each such recalculation of Fixed Maintenance Charge rate will be effected by adjusting the amount of Fixed Maintenance
Charge due from Tenant for the payment period (and subsequent periods in that 12-months period) in the relevant invoices issued by Landlord. 

For avoidance of doubts, for the purpose of the first Fixed Maintenance Charge Rate Indexation, to be made on June 01, 2019, the Fixed
Maintenance Charge rate in the amount of USD 135 (one hundred thirty five US Dollars) per annum per square meter of Tenant’s Rentable Area shall be used. 
  

	 	(b)	 The Calculated Maintenance Charge consists of electricity expenses which are calculated on the basis of acting
rate of electricity supplier of the Building and data provided by electricity consumption meter(s) installed in the Premises and shall be paid by Tenant in Russian Roubles monthly, within 10 (ten) calendar days of issuing of Landlord’s rouble
pro forma invoice, notwithstanding anything in this Lease to the contrary. Landlord is fully liable for proper payment to electricity-supplier. 

ARTICLE V 
  

	5.1	 Use 

The Premises shall be used for general office and related purposes and no other. The Premises shall not be used for any illegal purposes, nor
in violation of any regulation of any governmental body. Tenant hereby agrees to comply with any and all laws, regulations and requirements applicable or in any way relating to the use and occupancy of the Premises or the Building. Tenant also
agrees to comply with Landlord’s rules and regulations of the Building, which may be changed by Landlord from time to time, for the use of the Premises and the Building. 

  
 - 13 - 

	5.2	 Common Areas 

Tenant and all persons having business with Tenant shall have the right to use all areas and facilities of the Building designated from time to
time by Landlord for common use of the tenants in the Building (the “Common Areas”). Tenant shall not blockade the Common Areas or use it in such a way that impedes other tenants of Landlord from using it or creates hindrance to
other to the tenants’ access to or use of their premises. In case an employee of Tenant behaves violating the provision of this Article, the Lease and/or Rules and Regulations of the Building, Landlord shall have the right to give a reasonable
notice to Tenant about this employee’s behaviour and, in case of repeated violation of the provision of this Article, this Lease and/or Rules and Regulations of the Building by this employee, Landlord shall have the right to cancel this
Tenant’s employee’s access to the Building. The violation shall be considered as repeated and specified right of Landlord becomes applicable even if this employee violates different provisions of this Article, the Lease and/or Rules and
Regulations of the Building. Such cancellation of access shall not be considered as violation of any Landlord’s obligation under this Lease, notwithstanding anything to the contrary contained herein. 

 

	5.3	 Use of Tenant’s name 

Landlord shall, during the Term or renewed Term, have right to use Tenants commercial and legal name, including but not limited to brand name,
logo, trade mark, in Landlord’s information booklets, brochures and internet site. Such use shall not require any additional Tenant’s approval to the extent of disclosing the fact of Landlord and Tenant partnership under the Lease. 

ARTICLE VI 
  

	6.1	 Tenant’s Repairs 

Tenant shall make all current repairs and alterations to the interior of the Premises and other Tenant’s Improvements to the extent such
repairs may be necessary to maintain the same in good repair and condition. 
  

	6.2	 Maintenance of Tenant’s Improvements 

Landlord shall not be liable for the proper or improper work or repair of any equipment and/or accessories installed by Tenant or Tenant’s
contractors/agents. Tenant shall perform the necessary maintenance services regarding such equipment and/or accessories by its own means and at its own cost, and bear liability before Landlord and any third party for any property damage or/and
death/injury caused by use, interruption in use or breakdown of this equipment or repairing works regarding it or non-performance of such repairing works, whether all above mentioned actions or omissions were
performed by Tenant or any of its contractors/agents Any Fit-out of the Premises or other Tenant’s Improvements in the interior of the Premises, initially performed by Tenant or any of its
contractors/agents, shall be repaired by Tenant, and no defects, malfunctioning or non-functioning of, respectively, such specified above Fit-out, equipment and/or other
Tenant’s Improvements shall constitute violation of Landlords maintenance, repair or any other obligation under this Lease. 

  
 - 14 - 

 ARTICLE VII 
  

	7.1	 Landlord’s Repairs 

Landlord shall perform maintenance of Common Areas and make all necessary capital repairs and alterations to: the foundations, the roof, the
exterior walls, the roof drainage system, the canopy, the structural parts of the Building and the base building heating systems, ventilation and air-conditioning systems, power distribution systems, water
delivery systems, smoke and fire alarm systems and lifts. 
  

	7.2	 Landlord’s Entry 

Landlord may enter the Premises at reasonable hours and upon reasonable notice to the Tenant (except in the case of emergency in which event
Landlord may enter the Premises without restriction): 
  

	 	(a)	 to exhibit the same to prospective purchasers or tenants; 

 

	 	(b)	 to inspect the Premises to see that Tenant is complying with its obligations hereunder; 

 

	 	(c)	 to make repairs under the terms hereof or to make repairs or modifications to any adjoining space; and

  

	 	(d)	 for making measurements by BTI (Bureau of Technical Inventory) and/or Cadastral Engineer, and

  

	 	(e)	 in other cases directly prescribed by this Lease 

ARTICLE VIII 
  

	8.1	 Default 

If there is a failure of either Party to properly perform any of its obligations under this Lease the other Party may serve a written demand
(“Default Demand”) that the respective breach be made good within 10 (ten) days, if there was a breach of monetary obligation under this Lease or 60 (sixty) days (or such longer period as is reasonable for the remedy thereof where
the breach is caused by the Casualty (as defined below) or is of such nature that it cannot reasonably be remedied within 60 (sixty) days), if there was a breach of other obligation under this Lease (unless such breach made by any Party results in a
hazardous condition or there is a breach of obligation under Articles “Return of Premises and Penalty on Late Return”, “Use” or “Common Areas” of this Lease which shall then be made good as quickly as possible). If the
respective breach is not made good within the applicable time period specified in the relevant Default Demand then such breach for the purposes of this Lease shall be an “Uncured Breach”. 

  
 - 15 - 

	8.2	 Landlord’s Remedies 

 

	 	(a)	 Without prejudice to other rights of Landlord under this Article, if there is an Uncured Breach by Tenant then
Landlord may at its sole discretion re-enter the Premises and perform, correct and repair any condition which results from the respective Uncured Breach as well as to demand from Tenant compensation for all
losses and damages suffered by Landlord in connection with or arising from the Uncured Breach. 

  

	 	(b)	 if there is an Uncured Breach by Tenant Landlord may serve a termination offer in accordance with item 2 of
Article 452 of the Civil Code of the Russian Federation (the “Termination Offer”) on Tenant. 

  

	 	(c)	 Tenant shall reply to Landlord’s Termination Offer within 15 (fifteen) days. Tenant shall state in such
reply whether it accepts or rejects Landlord’s Termination Offer. If Tenant refuses to terminate this Lease on the terms and conditions of the Termination Offer, or no termination agreement is signed (for any reason) by the Parties within 15
(fifteen) days from the date of receipt by Tenant of the Termination Offer then Landlord shall have the right to terminate this Lease through arbitration procedure in accordance with effective legislation. 

 

	8.3	 Tenant’s Remedies 

 

	 	(a)	 Without prejudice to other rights of Tenant under this Article, if there is an Uncured Breach by Landlord then
Tenant may at its sole discretion perform, correct and repair any condition of the Premises which results from the respective Uncured Breach but only if such performance, correction and repair works are capable of being carried out exclusively
within the Premises and will not cause any inconvenience to Landlord or any of the tenants in the Building. Tenant shall have a right to demand from Landlord compensation for documented real loss, incurred by Tenant in connection, with or arising
from the Uncured Breach or replacement of Tenant’s property damaged as a result of the Uncured Breach with the property of comparable characteristics, quality and price, but Tenant shall not be entitled to compensation for any further losses or
damages unless the Uncured Breach was caused by Landlord’s willful misconduct. 

  

	 	(b)	 If there is an Uncured Breach by Landlord Tenant may serve a Termination Offer in accordance with item 2 of
Article 452 of the Civil Code of the Russian Federation on Landlord. 

  

	 	(c)	 Landlord shall reply to Tenant’s Termination Offer within 15 (fifteen) days. Landlord shall state in such
reply whether it accepts or rejects Tenant’s Termination Offer. If Landlord refuses to terminate this Lease on the terms and conditions of the Termination Offer, or if no termination agreement is signed (for any reason) by the Parties within 15
(fifteen) days from the date of receipt by Landlord of the Termination Offer then Tenant shall have the right to terminate this Lease through arbitration procedure in accordance with effective legislation. 

  
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 ARTICLE IX 
  

	9.1	 Landlord’s Maintenance Services 

 

	 	(a)	 Subject to Tenant’s proper performing all its obligations, Landlord shall provide for the following
Landlord’s Maintenance Services: 

  

	 	(i)	 cleaning of Common Areas on the regular basis; 

 

	 	(ii)	 elevator service; 

  

	 	(iii)	 electricity for lighting and for ordinary office machines and equipment except at times that the city
electricity utility supplies are cut off by local authorities for repair, maintenance or any other reason beyond the control of Landlord; 

  

	 	(iv)	 seasonable heating during winter and provision of domestic hot water during the year except at times that the
city heat and hot water utility supplies are cut off by local authorities for repair, maintenance or any other reason beyond the control of Landlord; 

  

	 	(v)	 provision of cold water at all times except at times that said cold water not being furnished due to the city
cold water utility supplies are cut off by local authorities for repair, maintenance or any other reason beyond the control of Landlord; 

  

	 	(vi)	 air ventilation and seasonable air cooling during normal business hours, on working days from 8.00 AM to 7:00
PM; 

  

	 	(vii)	 a receptionist from 8:30 AM to 6:30 PM on working days, and 24 hour, seven days a week security guards on the
Common Areas of the Building; 

  

	 	(viii)	 outside window cleaning twice a year; 

 

	 	(ix)	 snow clearance; 

  

	 	(x)	 arrangement of operating a garbage refuse storage and collection service; 

 

	 	(xi)	 landscaping and garden design; 

 

	 	(xii)	 seasonal decoration. 

 

	 	(b)	 Landlord may provide Maintenance Services specified in sub-item
(vi) of item (a) of this Article 9.1 of the Lease out of business hours specified in the respective items, at additional cost to Tenant on Tenant’s written request (Exhibit F) given reasonably in advance. Cost of services
specified in sub-item (vi) of item (a) of this Article 9.1 rendered by Landlord out of business hours, shall be USD 110 (one hundred ten US Dollars) per hour per all the floors. Payment for
such additional services shall be done by Tenant to Landlord post-factum within 7 (seven) calendar days of issuing of Landlord’s invoice therefor. 

  
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	 	(c)	 Landlord shall not be liable for any damages directly or indirectly resulting from interruption of use of any
equipment in connection with the furnishing of services referred to in this Article. 

  

	 	(d)	 Considering rules and regulations of the Building Landlord shall provide Tenant’s employees with proximity
cards for the access system to the Building, which shall be returned to Landlord upon expiration or termination of this Lease. In case of loss/damage of such cards at the end of the Term or extended Term or on termination of the Lease as well as
their repeated provision because of loss/damage during the Term of this Lease the cost of these cards (under the act in the form specified in Rules and Regulations of the Building) shall be paid by Tenant to Landlord within 7 (seven) calendar days
of issuing of Landlords invoice therefor. 

  

	 	(e)	 Landlord shall inform Tenant immediately if Landlord gains knowledge of any imminent power cut-off or if Landlord has reason to suspect that such cut-off may occur. Landlord agrees to make every reasonable effort within its power to ensure the prompt resumption of
power supply 

  

	 	(f)	 Telecommunication services in the Building shall be provided solely via technical facilities and cable of
provider(s) of the Building. Provision of telecommunication services shall be excluded from the scope of this Lease. Tenant shall have a right by itself to address provider(s) of the Building for the conclusion of the agreement for the
telecommunication services provision. 

  

	9.2	 Conditionality 

If Tenant delays payment of Base Rent, Security Deposit, Maintenance Charge, Penalty and/or the Parking Fees (or any part of them) for a period
longer than 45 (forty-five) days from the date when the respective payment became due in accordance with this Lease then Landlord may at its sole discretion and subject to 15 (fifteen) days’ prior written notice to Tenant stop provision of all
or any part of the Landlord’s Maintenance Services. For avoidance of doubt such abatement of provision of the Landlord’s Maintenance Services shall not constitute a breach of this Lease but shall be a retaliatory measure

 The obligation of Landlord to provide the Landlord’s Maintenance Services to Tenant shall in accordance with Article 328 of the Civil Code of the Russian Federation be conditional upon the obligation of Tenant to
pay Base Rent Security Deposit, Maintenance Charge, Penalty and/or the Parking Fees and shall not be due until and unless Base Rent, Security Deposit Maintenance Charge, Penalty and/or the Parking Fees are properly paid. Landlord’s right to
abate provision of the Landlord’s Maintenance Services (in full or in part) under this Article shall not prejudice its right to terminate this Lease according to Article 8.2 above 

  
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 ARTICLE X 
  

	10.1	 Assignment and Subleasing 

 

	 	(a)	 Except as otherwise expressly provided herein, Tenant shall not assign, sublease, pledge or encumber any right,
obligation or interest in this Lease or in the Premises, nor permit the use or occupancy of the. Premises or any part thereof by anyone other than Tenant whether voluntary or involuntary, without the express prior written consent of Landlord which
consent Landlord may withhold in Landlord’s sole discretion. Unless otherwise expressly agreed by Landlord to the contrary, Tenant may not sublease the Premises or assign this Lease to third parties in case (i) the proposed subtenant or
assignee is a tenant or subtenant within ENKA Moscow Real Estate Group; (ii) the proposed subtenant or assignee is in negotiations with one of companies of ENKA Moscow Real Estate Group; (iii) the proposed subtenant or assignee is entitled
to diplomatic or sovereign immunity; (iv) the proposed sublease or assignment violates Landlord’s non-competition commitments before the other tenants of the Building and/or Naberezhnaya Tower
Complex. For the purpose of this Article Naberezhnaya Tower Complex shall include the Building and both 17-floor and 27-floor parts of the building located at 10
Presnenskaya Naberezhnaya, Moscow and ENKA Moscow Real Estate Group shall include the following companies as of the date of this Lease: ENKA INSAAT VE SANAYI ANONIM SIRKETI, “City Center Investment B.V.”, LLC “Mosenka”, “E+K
Development and Management S.A.” and LLC “Moskva — Krasnye Homy, LLC “ENKA TC”. Tenant may not advertise or list the Premises for sublease or this Lease for assignment either directly or through any agent or agency without
Landlord’s prior written consent. 

 Notwithstanding any provisions to the contrary contain in this Lease, the Parties
agree that Tenant shall have the right to sublease any part of the Premises to its affiliated parties, subject to prior written notice which shall be sent to Landlord not later than 2 (two) weeks before signing sublease agreement and provision of
documents confirming affiliation. The Parties further agree that requirements of item (b) of this Article 10.1 shall not apply to sublease of the Premises or their part to Tenant’s affiliates, unless square meter occupancy cost (as
defined below) payable by subtenant exceeds square meter occupancy cost payable by Tenant under this Lease more than 5% (five percent). 
  

	 	(b)	 Unless otherwise expressly stipulated by this Lease, Tenant shall not sublease any part of the Premises at a
higher square meter occupancy cost than is payable by Tenant under this Lease (such occupancy cost being in respect of the Lease the aggregate of the rate of Base Rent and the rate of Fixed Maintenance Charge allocated on a per square meter basis of
the Premises and, in respect of the proposed sublease, the equivalent payments due under such proposed sublease). If Tenant subleases the Premises in full or in part at a higher square meter occupancy cost than is payable by Tenant under this. Lease
(as specified above) then Tenant shall pay to Landlord as a penalty any amounts due to Tenant under the sublease in excess of the total amount of Base Rent and Fixed Maintenance 

  
 - 19 - 

	 	
Charge due under this Lease by Tenant to Landlord. In case Tenant subleases parking places at a higher price than is payable by Tenant under this Lease Tenant shall pay to Landlord the
difference. Such difference shall be included into calculation of the penalty payment. If payment for electricity which Tenant receives from subtenant exceeds the sums which Landlord receives from Tenant as Calculated Maintenance Charge then the
amount of penalty shall also be increased by the exceeding sum. 

 All such penalty payments shall be made each month in which
Tenant shall receive payments under the sublease agreement in violation of the provision of item (b) of this Article 10.1, not later than 10 (ten) calendar days after the issuing of Landlord’s invoice therefore. Tenant shall provide
Landlord with an original of the sublease agreement not later than the first day of the term of sublease. 
  

	 	(c)	 No sublease shall relieve Tenant from its obligations, undertakings and liabilities hereunder, Tenant remaining
liable to Landlord under all terms and provisions of this Lease. 

  

	 	(d)	 In case the Parties enter into early termination agreement of this Lease Tenant shall guarantee Landlord that
Tenant did not have and/or terminated any and all sublease agreements in respect of all or part of the Premises not later than 1 (one) week before early termination of the Lease. In case Tenant sends to Landlord or receives from Landlord Termination
Offer in accordance with the provisions hereof, Tenant shall terminate any and all sublease agreements with regard to the whole or part of the Premises within 1 (one) week of the date of such Termination Offer. In case, nevertheless, any such
sublease agreement exists at the moment of termination of the Lease, Tenant undertakes to compensate to Landlord any and all expenses and damages arising from or connected to such sublease or subtenant’s rights in respect of Landlord or the
Premises (whole or part), including but not limited to loss of profit and/or penalties before new tenant(s) of the whole or part of the Premises. Herewith, for avoidance of doubts, in case due to subtenant’s right for the part of the Premises
Landlord cannot fulfil its obligation before new tenant for the whole Premises or any part thereof, and/or cannot lease whole Premises or any part thereof, and/or can lease whole Premises or any part thereof only for the price lower then it would be
if there was no claim from subtenant, Tenant shall compensate to Landlord all damages, including but not limited to loss of profit, in respect of whole or such part of Premises, notwithstanding if the part of the Premises in respect of which
subtenant has rights is smaller than the part of the Premises affected by the situation. 

  

	 	(e)	 Provision by Landlord of its consent to one or more assignments or subleases hereunder shall not constitute
Landlord’s consent to any subsequent or future assignments or subleases 

  
 - 20 - 

	 	(f)	 All subtenants and assignees shall be subject to the terms and provisions of this Lease. Any act or failure to
act by a subtenant of Tenant which act by Tenant would have been a default under this Lease shall be a default under this Lease as though such act or failure to act had been made by Tenant 

 

	 	(g)	 Landlord may assign its rights and obligations hereunder, in whole or in part, subject to the provision of
prior written notice to Tenant. 

  

	 	(h)	 For avoidance of doubts, subtenants have no right to sub-sublease
Premises or part of Premises transferred to them or to assign it without the Landlord’s prior written consent. 

ARTICLE XI 
  

	11.1	 Casualty and Insurance 

 

	 	(a)	 Landlord shall maintain property damage and civil liability insurance policies in scope and amounts over the
Building as it deems prudent. 

  

	 	(b)	 Notwithstanding any provisions of this Lease to the contrary, if the Premises or the Common Areas or any part
thereof are damaged or destroyed by any peril insured by Landlord (the event of damage or destruction caused by a peril insured by Landlord being herein called “Casualty”) during the Term of this Lease, then Tenant shall give notice
thereof to Landlord, and subject to, and to the extent provided for in item (a) of Article 11.1 hereof, Landlord shall, promptly thereafter, repair and restore the Premises or Common Areas excluding only Tenant’s property (which
property shall include Tenant’s furniture, fixtures, inventory, equipment, improvements which are owned by Tenant and Tenant’s employees’ and visitors’ belongings), to substantially the same condition they were in immediately
prior to the Casualty. All insurance proceeds recovered on account of the Casualty shall be made available for the payment of the cost of the repairs and restoration described above. Notwithstanding the foregoing, in case of a Casualty making all
the Premises unusable for a period of at least 30 (thirty) days (to be determined by a reasonable estimate of the Parties), payment of the Parking Fees, Base Rent, Maintenance Charge and Parking Fees by Tenant shall abate (except for in cases when
such Casualty was caused by acts or omissions of Tenant) as of the 7th day from the start of such Casualty until restoration of the Premises and Common Areas (excluding only Tenant’s property), and any advance payments of Parking Fees, Base
Rent and Maintenance Charge shall be returned to Tenant on a pro-rata basis within 90 (ninety) days of the start of the Casualty provided that Tenant does not continue to occupy the Premises in which case
there shall be no such abatement of Parking Fees, Base Rent and Maintenance Charge. Upon the restoration and repair of the Premises, Base Rent shall continue to be paid in accordance with Article III hereof and Parking Fees shall continue to be paid
in accordance with Article I and Maintenance Charge in accordance with Article IV hereof. 

  
 - 21 - 

	 	(c)	 If insurance money under any of Landlord’s insurance policies is wholly or partly irrecoverable by reason
of any act or omission of Tenant or other occupier or where the sum insured is inadequate as a result of a breach by Tenant of any of its respective obligations in this Lease, and Tenant was notified by Landlord in writing on impossibility of
insurance money receipt (in whole or in part) or on its insufficiency due to the reasons stated above, and failed to take reasonable actions for remediation of the situation within the term specified in such notice, then Tenant shall forthwith pay
to Landlord upon written demand the irrecoverable amount or the amount of such shortfall as the case may be. 

  

	 	(d)	 Tenant shall, during the Term of this Lease, procure and maintain, at its sole cost and expense, all property
damage insurance covering all Tenant’s property, including furniture, fixtures, inventory, equipment, improvements which are owned by Tenant under this Lease and Tenant’s employees’ and visitors’ belongings in the amount of their
full replacement cost and shall indemnify Landlord from any liability for the specified property. 

  

	 	(e)	 Tenant shall, during the Term or renewed Term of this Lease, procure and maintain, at its sole cost and expense
Third Party Liability Insurance covering bodily injury and/or property damage to Third Parties and/or Landlord caused by the acts or omissions of Tenant in their full replacement cost. Tenant shall provide Landlord with a copy of such insurance
policy within 15 (fifteen) days of Landlord’s request therefore. 

  

	11.2	 Indemnity 

Landlord and Tenant agree that Tenant shall hold harmless Landlord and its employees from and against all losses and damages, which may arise
as a result of: 
  

	 	(a)	 death of, or damage to, any person, whether employees of Tenant, its agents, contractors, sub-contractors, visitors or otherwise or 

  

	 	(b)	 property damage, including but not limited to, theft of or damage to Tenant’s employee’s property,

 occurring on or about the Premises or any part thereof by reason of 

 

	 	(i)	 any acts or omissions of Tenant or Tenant’s agents, contractors,
sub-contractors, employees or visitors or the use by any of the foregoing of the Premises or 

  

	 	(ii)	 any injury, loss or damage to any person or property upon the Premises not caused by Landlord’s fault.

  
 - 22 - 

 ARTICLE XII 
  

	12.1	 Tenant’s Improvements 

 

	 	(a)	 Tenant shall make no separable or inseparable alterations in, or additions to, the Premises
(“Tenant’s Improvements”) without first obtaining Landlord’s written consent Landlord may make its consent conditional upon Tenant removing the respective Tenant’s Improvements (or any part of them) from the Premises
on termination or expiry of the Term of the Lease in which case such Tenant’s Improvements shall not become Landlord’s property, notwithstanding provisions of item (b) of Article 12.2 hereof, unless Landlord further sends to
Tenant a notice requiring not to remove the specified Improvements, in which case those Improvements shall become Landlord’s property at Tenant’s Improvements Transfer Date. 

 

	 	(b)	 In addition to the request for Landlord’s written consent to carry out certain Tenants Improvements Tenant
also shall on Landlord’s demand deliver to Landlord a list of such ascertained Tenant’s Improvements. 

  

	 	(c)	 Tenant’s Improvements done in the Premises that are to be transferred to Landlord shall not contain any
materials, equipment or any other property of any third person. 

  

	 	(d)	 Tenant shall be responsible by its own means and at its expense for the approval of the Tenant’s
Improvements by the competent authorities, if applicable. Upon Landlord’s request Tenant shall immediately provide all information and documents in this regard. If Tenant does not meet liabilities set in item (d) of this Article
12.1, Landlord shall have the right to perform the stated above actions by its own means, and Tenant shall compensate all documental expenses related to the execution of this actions within 15 (fifteen) business days as of the date of receipt
of respective invoice from Landlord. 

  

	12.2	 Property Right to Tenant’s Improvements 

 

	 	(a)	 Upon completion of Tenant’s Improvements, they shall become owned by Tenant and shall be on the balance of
Tenant until “Tenant’s Improvements Transfer Date” which shall be the earliest of the following dates: (i) date of termination of the Lease, (ii) date of expiration of the Term of the Lease. 

 

	 	(b)	 On Tenant’s Improvements Transfer Date all inseparable Tenant’s Improvements shall become owned by
Landlord (except for any Improvements which Landlord and Tenant agree in writing shall not become Landlord’s property, and/or property right for which was rejected by Landlord at any time on or before Improvements Transfer Date).

  

	 	(c)	 Tenant shall not later than 10 (ten) days before Tenant’s Improvements Transfer Date provide Landlord with
the information about cost of the Tenant’s Improvements which are to be transferred to Landlord. On Landlord’s demand the Parties shall on Tenant’s Improvements Transfer Date sign an act of transfer of certain Tenant’s
Improvements and other documents which will be necessary for accounting and tax related purposes (“Tenant’s Improvements Documents”). For avoidance of doubts, non-signing of Tenant’s
Improvements Documents shall not affect Landlord’s ownership right to the respective Tenant’s Improvements. 

  
 - 23 - 

	 	(d)	 Tenant or its contractors/agents shall not remove or dismantle throughout the Term of this Lease those Tenants
Improvements, which shall in accordance with item (b) of this Article 12.2 of this Lease become owned by Landlord on Tenant’s Improvements’ Transfer Date. Such Tenants Improvements shall remain in or on the Premises after
Tenant’s Improvements Transfer Date. Tenant shall not at any time be entitled to compensation of the cost of any Tenant’s Improvements. 

  

	 	(e)	 On expiration or termination of this Lease Tenant shall remove those Tenant’s Improvements which shall not
become Landlord’s property in accordance with this Lease. Provisions of Article 17.2 of this Lease as shall be applied to Tenant’s Improvements which are owned by Tenant in accordance with item (b) of this Article 12.2.

 ARTICLE XIII 
  

	13.1	 Successors and Assigns 

Except as otherwise provided herein, the words “Landlord” and “Tenant” and the pronouns referring thereto, as used in this
Lease, shall mean, unless the context requires otherwise, the entities and persons named herein as Landlord and as Tenant, and their respective heirs, legal representatives, approved successors and assigns, irrespective of whether singular or
plural, masculine, feminine or neuter. 
  

	13.2	 Limitations of Landlord’s Liability 

Notwithstanding anything to the contrary contained herein, Landlord’s liability for any breach under or in connection with this Lease
shall be limited to cases when such breach was caused by Landlord’s fault provided that the aggregate amount of Landlord’s liability for all breaches shall be limited to the sum of USD 6 632 860,00 (six million six hundred thirty-two thousand eight hundred sixty and 00/100 US Dollars) Rouble Equivalent of which at any time during the Term or renewed Term of this Lease shall be calculated at the rate specified in item (b) of
Article 3.4 hereof. For avoidance of doubts, Landlord in no cases shall be liable for damages of any nature which do not follow directly from the respective breach (act or omission) but from a consequence or result of such act or omission
(“Consequential Damages”) and as well as for loss of income which Tenant would have received under the usual circumstances of civil commerce if its right had not been violated, including anticipated loss of income or loss of income
arisen due to business interruption, impossibility to use any equipment, loss of any contract or other business opportunity (“Loss of Benefit”), unless Landlord has intentionally violated its obligations. In case of discrepancy
between the provisions of this Article 13.2 and any other provision of this Lease the provisions of this Article 13.2 shall prevail. 

  
 - 24 - 

 ARTICLE XIV 
  

	14.1	 Waivers 

Failure of either Party hereto to complain of any act or omission on the part of the other Party, no matter how long the same may continue,
shall not be deemed to be a waiver by said Party of any of its rights hereunder. No waiver by either Party at any time, express or implied, of any breach of any provision of this Lease shall be deemed a waiver of a breach of any other provision of
this Lease or a consent to any subsequent breach of the same or any other provision. If any action by either Party shall require the consent or approval of the other Party the other Party’s consent to or approval of such action on any one
occasion shall not be deemed a consent to or approval of said action on any subsequent occasion or a consent to or approval of any other action on the same or any other subsequent occasion. 

ARTICLE XV 
  

	15.1	 Quiet Enjoyment 

Landlord agrees that subject to Tenant paying Base Rent and other amounts as are required under this Lease, and performing and observing the
agreements and conditions on its part to be performed and observed and subject to all the terms and conditions of this Lease, Tenant shall and may peaceably and quietly have, hold and enjoy the Premises and all rights of Tenant hereunder including
its rights in the Common Areas during the Term or renewed Term of this Lease without any manner of hindrance or molestation by any party claiming through or under Landlord. 

ARTICLE XVI 
  

	16.1	 Notices 

Notices and accounting documents required or permitted hereunder shall be in writing and shall be delivered by courier service or by some other
means of hand delivery, addressed to the Parties hereto as follows (unless changed to another address (which may only be an address in Moscow, Russia) by a notice in accordance herewith from the. Party changing its address to the other Party): 

To Landlord:     City Center Investment B.V.  

10 Presnenskaya Naberezhnaya 

Moscow, 123112, Russia 

  
 - 25 - 

 Landlord’s Bank Account: 

To Tenant:       Limited Liability Company “Internet Decisions” 

Address prior to the Commencement Date 1: Chapaevskiy per., build 14, premises V, floor 4, room 41, Moscow, 125252, Russia 

Address after the Commencement Date 10 Presnenskaya Naberezhnaya, 30th floor, 

Moscow, 123112, Russia 
  

	Tenant’s	 Bank. Account: 

Notices delivered by courier service or hand delivery as aforesaid shall be deemed effective on the date of delivery to the foregoing
addresses. For the faster transfer of information the notices shall be copied by fax or e-mail. 

ARTICLE XVII 
  

	17.1	 Entire Agreement 

This Lease contains the entire agreement of the Parties and no representations or agreements, oral or otherwise, between the Parties not
embodied herein shall be of any force or effect. 

  
 - 26 - 

	17.2	 Tenant’s Property 

Upon termination of this Lease or expiration of the Term Tenant shall remove all its and/or any third parties’ property from the Premises.
Hereby Tenant agrees that if Tenant does not remove all its or any third parties’ effects from the Premises at the termination of this Lease or upon Landlord’s taking possession of the Premises, by such omission Tenant rejects its
ownership right for its property and undertakes all responsibility for any third party’s property left in the Premises, and Landlord may, at its option, remove all or part of those effects in any manner which Landlord shall choose and store the
same without liability to Tenant or third parties for loss thereof or dispose of the same in any manner Landlord deems appropriate, and Tenant shall be liable before and indemnify Landlord from all claims concerning specified property, and shall
also compensate to Landlord and/or any third party all expenses incurred by Landlord or any third party in such removal, disposal or storage thereof. 
  

	17.3	 Costs and Expenses 

Wherever in this Lease provision is made for the doing of any act by any Party it is understood and agreed that such act shall be done by such
Party at its own cost and expense unless a contrary intent is expressed. 
  

	17.4	 Exhibits and Headings 

The headings for the various provisions of this Lease are used only as a matter of convenience for reference, and are not to be considered a
part of this Lease or used in determining the intent of the Parties to this Lease. Any exhibits attached hereto however, shall be deemed an integral part of this Lease. Unless the context requires otherwise, any reference to Article or Exhibit shall
mean reference to the respective Article or Exhibit of this Lease. 
 17.5 Interpretation of the word “Premises” 

Unless otherwise clearly stated or definitely follows from the context, the word “Premises” in this Lease shall mean the Premises as
specified in Exhibit A, as more particularly described in paragraph (b) of Exhibit C attached hereto. 
  

	17.6	 Interpretation of Parties’ Obligations 

 

	 	(a)	 Any obligation of any Party in this Lease not to do any act or thing shall include an obligation not to allow
such act or thing to be done. 

  

	 	(b)	 References in this Lease to act or omission of Tenant shall include acts or omissions of any sub-tenant or of anyone at the Premises with Tenant’s or any sub-tenant’s permission; 

 

	 	(c)	 References in this Lease to “business days” mean reference to any day which is not a public holiday
in Russia or a Saturday or Sunday (except for any Saturday or Sunday officially declared a working day in Russia). 

  
 - 27 - 

	17.7	 Severability 

Should any term, condition or provision of this Lease be deemed, found or declared invalid, illegal or unenforceable for any reason by court
decree or otherwise, such invalidity or unenforceability shall not affect or impair the validity and enforceability of the remaining terms, conditions and provisions hereof, and the Parties undertake to amend, supplement or substitute all and any
such invalid, illegal or unenforceable provisions with the enforceable and valid provisions which would produce as near as may be possible the economic result previously intended by the Parties without renegotiation of any material terms and
conditions stipulated hereunder. 
  

	17.8	 Substantial Change of Circumstances 

Save for as provided for in Article 3.5 hereof, a substantial change of circumstances from which the Parties proceeded in the conclusion
of this Lease (as defined in Article 451 of the Civil Code of the Russian Federation) shall not create a basis for amendment or termination of this Lease by any Party hereto. 
  

	17.9	 Landlord’s Right to Refuse from the Lease Unilaterally 

Without prejudice to any other Landlord’s rights hereunder Landlord shall have the right at its own discretion to refuse from performance
of this Lease with prior written notice to Tenant not later than 30 (thirty) days before the supposed date of termination hereof if: 
  

	 	(a)	 bankruptcy procedure regarding Tenant is started in order prescribed by law applicable as Tenant’s
personal law (for the purpose of this Article it means submission of request for declaring bankruptcy by Tenant or any other person to the competent authority); or 

 

	 	(b)	 the decision of reorganization of Tenant has been taken in order prescribed by law applicable as personal law
of this legal entity (save for change of organizational-legal form of legal entity); or 

  

	 	(c)	 the decision of wilful (obligatory) liquidation of Tenant has been taken in order prescribed by legislation
applicable as Tenant’s personal law (for the purpose of this Article it means submission request for liquidation by Tenant or any third party to the competent authority); or 

 

	 	(d)	 Building is substantially damaged as a result of Casualty not caused by Landlords fault and, in Landlord’s
reasonable judgement, it cannot be reconstructed within 90 (ninety) days of the start of such Casualty; or 

  

	 	(e)	 Tenant’s indebtedness before Landlord under this Lease exceeds the amount of paid Security Deposit.

  

	17.10	 Tenant’s Right to Refuse from the Lease Unilaterally 

In case of the Lease automatic renewal as provided for in item (a) of Article 2.2 hereof Tenant shall have the right at its own
discretion to refuse from performance of this Lease without any penalties on June 01, 2022 by sending prior written notice to Landlord not later than September 01, 2021. 

  
 - 28 - 

	17.11	 Force Majeure 

Any Party shall be relieved from liability for non-performance or delay in performance of its
obligations hereunder if such non-performance or delay is caused by circumstances of Force Majeure arising after the execution of this Lease provided that such relief from liability shall only relate to those
obligations directly affected by such Force Majeure and such relief shall only subsist for as long as such Force Majeure exists. For the purposes of this Article, Force Majeure shall mean extraordinary events or circumstances which a Party could
neither foresee nor prevent by reasonable means including but not limited to any insurrection, riot, war, revolution hostile action by national armed force, civil war, act of terrorism or sabotage, fire, flood, earthquake or other Act of God, any
nationalisation, expropriation or confiscation of any assets of Landlord or Tenant in Russia and other circumstances beyond a Party’s reasonable control provided that lack of funds shall not constitute Force Majeure. 

 

	17.12	 Tenant’s Documents 

On or before signing hereof Tenant shall provide Landlord with all documents listed in Exhibit E hereto. 

ARTICLE XVIII 
  

	18.1	 Arbitration 

  

	 	(a)	 In the event of any dispute between the Parties or claim arising from or in connection with this Lease,
including those which refer to its performance, violation or invalidity, such dispute shall be brought heard and resolved by the International Commercial Arbitration Court (ICAC) at the Russian Federation Chamber of Commerce and Industry
which is situated in Moscow in accordance with its rules and procedures. A dispute shall be resolved by a panel of 3 (three) arbitrators. Each Party shall choose its own arbitrator from the list of arbitrators of the ICAC and these 2 (two)
arbitrators shall choose the third arbitrator, which will be the presiding one, from the list of arbitrators of the ICAC. If 2 (two) appointed arbitrators will not agree on the candidature of the third arbitrator within 14 (fourteen) days of their
appointment, the third arbitrator shall be appointed by Presidium of the ICAC. The award of the arbitrators shall be final and binding on all Parties. All fees and expenses charged by the ICAC including the fees and expenses of the arbitrators shall
be at the discretion of the arbitrators and if no direction is made shall be paid in equal shares by the Parties. 

  

	 	(b)	 Notwithstanding the above if for any reason whatsoever the preceding item (a) of this Article 18.1
shall be found to be invalid the Parties agree that all disputes arising out of or in connection with this Lease shall be brought heard and resolved only in the state arbitration courts of the Russian Federation and in such event Tenant irrevocably
submits to the jurisdiction of the state arbitration courts of the Russian Federation. 

  
 - 29 - 

	18.2	 Governing Law 

This Lease shall be governed by and interpreted in accordance with the laws of the Russian Federation. 

 

	18.3	 Paramount Language 

This Lease has been executed in 9 (nine) copies (3 (three) in English and 6 (six) in Russian languages) each of which shall be considered an
original and in the event of any discrepancy between English and Russian versions hereof Russian version shall prevail. 
  

	Agreed	 and signed for and on behalf of: 

 

									
			
	Landlord:	 		 	Tenant:
					
	By:	 	 /signature/ M.E. Yilmaz
	 		 	By:	 	 /signature/ A.A. Shulgin

			
	Name: Yilmaz Musir Emre	 		 	Name: Shulgin Alexandr Alexandrovich
			
	Title: General Representative	 		 	Title: General Director
			
		 		 	(Corporate Seal)
			
		 		 	Seal:
			
		 		 	[Internet Solutions Limited Liability Company
		 		 	Reg. No. 103588
		 		 	Moscow]
				
	By:	 	 /signature/ K.O. Trifonova
	 		 	
			
	Name: Trifonova Ksenia Olegovna	 		 	
			
	Title: Representative	 		 	
			
	(Corporate Seal)	 		 	
			
	Seal:	 		 	
			
	[City Center Investment B.V.]	 		 	

  
 - 30 - 

 EXHIBIT A 

FLOOR PLAN OF THE PREMISES 1 

 EXHIBIT Al 

FLOOR PLAN OF THE PREMISES 2 

 EXHIBIT B 

BASE BUILDING SPECIFICATIONS 

 EXHIBIT C 

BUILDING AREA DEFINITIONS 

 EXHIBIT D 

FORM OF ACT OF TRANSFER AND ACCEPTANCE OF THE PREMISES 1 

 EXHIBIT D1 

FORM OF ACT OF TRANSFER AND ACCEPTANCE OF THE PREMISES 2 

 EXHIBIT E 

LIST OF TENANT’ DOCUMENTS 

 EXHIBIT F 

REQUEST FORM 

 EXHIBIT G 

FORM OF ACT OF TRANSFER AND ACCEPTANCE OF THE PREMISES 

 EXHIBIT H 

LAYOUT PLANS OF 30, 32, 41, 42 FLOORS 

 All Exhibits hereto agreed and signed for and on behalf of: 

 

									
			
	Landlord:	 		 	Tenant:
					
	By:	 	 /signature/ M.E. Yilmaz
	 		 	By:	 	 /signature/ A.A. Shulgin

			
	Name: Yilmaz Musir Emre	 		 	Name: Shulgin Alexandr Alexandrovich
			
	Title: General Representative	 		 	Title: General Director
			
		 		 	(Corporate Seal)
			
		 		 	Seal:
			
		 		 	[Internet Solutions Limited Liability Company
		 		 	Reg. No. 103588
		 		 	Moscow]
				
	By:	 	 /signature/ K.O. Trifonova
	 		 	
			
	Name: Trifonova Ksenia Olegovna	 		 	
			
	Title: Representative	 		 	
			
	(Corporate Seal)	 		 	
			
	Seal:	 		 	
			
	[City Center Investment B.V.]	 		 	

 OFFICE LEASE AMENDMENT AGREEMENT 1 

This Office Lease Amendment Agreement 1 (the “Amendment Agreement No. 1”) signed this 27th day of June, 2018 in Moscow,
the Russian Federation, by and between: 
 City Center Investment B.V., a company incorporated under the laws of the Netherlands, with its principal
place of business at: Jupitestraat 55, 2132HC Hoofddorp, the Netherlands, registered by the Chamber of Commerce and Industry for Amsterdam on February 10, 2003 under the file number 34186163, having on the territory of the Russian Federation
its representative office at: 10 Presnenskaya Naberezhnaya, Moscow, Russia, number of accreditation entry 20150005392, Accreditation Certificate issued by Inter-District Office of the Federal Tax Service No.47 of Moscow on May 06, 2015 on the blank
series 77 No. 016288433, INN 9909123302, KPP 773851001, represented by General Representative Mr. Yilmaz Musir Emre and Representative Ms. Trifonova Ksenia Olegovna, acting jointly on the basis of the Power of Attorney dated November
01, 2016 (“Landlord”), and 
 Limited Liability Company “Internet Decisions”, incorporated under the laws of the
Russian Federation under the main state registration number (OGRN) 1027739244741, with its principal place of business at Chapaevskiy per., build. 14, premises V, floor 4, room 41, Moscow, 125252, Russia, INN/KPP 7704217370/774301001, represented by
its General Director Mr. Shulgin Alexandr Alexandrovich, acting on the basis of the Charter (“Tenant”), 
 hereinafter jointly
referred to as the “Parties” and severally — as a “Party”, 
 WITNESSETH: 

WHEREAS, Landlord and Tenant entered into Office Lease Agreement dated April 28, 2018 in respect of certain Premises on the 29th, 30th, 32nd, 41st and 42nd floors of the 59-floor part of the office Building located at: 10 Presnenskaya Naberezhnaya, Moscow, Russia (hereinafter the “Lease”), and

 WHEREAS, the Parties intend to amend the Lease by signing this Amendment Agreement No.1, 

NOW, THEREFORE, the Parties have agreed as follows: 
  

	1.	 Unless otherwise stipulated herein, all capitalized terms used in this Amendment Agreement No.1, shall
have the meanings given thereto in the Lease. 

  

	2.	 As of August 01, 2018 to amend the preamble of the Lease starting from the second paragraph thereof in
its entirety to read as follows: 

 “WHEREAS, Landlord transferred for a valuable consideration to Tenant for
temporary use and possession (lease) and Tenant accepted from Landlord certain office space depicted on the floor plans attached hereto as Exhibit A consisting of an agreed 9 104 square meters measured and calculated according to
American National Standard for measuring floor space in office buildings (BOMA) (as such measurement is defined in item (a) of Exhibit C attached hereto) on the 30th, 32nd, 41st, 42nd floors, including 1005 square meters on the 29th floor of the 59-floor part of the above Building (jointly the “Premises 1”), 

 WHEREAS, as of November 01, 2018 Landlord intends to transfer for a valuable
consideration to Tenant for temporary use and possession (lease) and Tenant wishes to accept from Landlord certain office space depicted on the floor plan attached hereto as Exhibit Al consisting of an agreed 932 square meters measured
and calculated according to BOMA measurements on 29th floor of the 59-floor part of the above Building (the “Premises 2”), and 

WHEREAS, as of August 01, 2018 Landlord intends to transfer for a valuable consideration to Tenant for temporary use and possession
(lease) and Tenant wishes to accept from Landlord certain office space depicted on the floor plan attached hereto as Exhibit A2, consisting of an agreed 826 square meters measured and calculated according to BOMA measurements on the 1st floor of the 27-floor part of the Building (the “Premises 3”) (the Premises 1, the Premises 2 and the Premises 3 hereinafter jointly referred
to as the “Premises”, as more particularly described in paragraph (b) of Exhibit C attached hereto), and 

WHEREAS, Landlord leases the Premises to Tenant, subject to and in accordance with the terms and conditions set forth in this Lease,

 NOW, THEREFORE, the Parties have agreed as follows”. 
  

	3.	 As of August 01, 2018 to amend Article 1.2 (“Premises condition”) of the Lease
by introducing the following provisions thereto: 

 “The Premises 3 shall be transferred to Tenant by Landlord on the
Commencement Date 3 in as-is condition in accordance with the specifications attached hereto as Exhibit B. 

Herewith, Landlord undertakes by its own means (with use of Landlord’s standard materials) and at its own cost to perform re-painting of walls and re-carpeting works in the Premises 3 before the Commencement Date 3. For the re-carpeting works, in case the
delivery of carpet (for all or part of the Premises 3) is delayed for any reason that is beyond the control of Landlord and/or in case the carpet material is not available in the stocks before the Commencement Date 3 (for all or part of the Premises
3), then Landlord shall carry out carpeting works after handover of the Premises 3, out of business hours, as per the schedule to be agreed by the Parties for that specific part of the Premises 3. Such delay in carpeting works shall not in any case
be interpreted as delay in delivery of Premises 3. In addition to the above, upon Tenant’s request Landlord by its own means and at its own cost will perform minor modifications in the Premises 3 internal layout, as per the layout plan of the 1st floor of the 27-floor part of the Building to be agreed by the Parties in Exhibit H2 by signing respective amendment agreement hereto”. 

  
 - 43 - 

	4.	 As of August 01, 2018 to amend Article 1.6 (“Transfer of Premises”) of the Lease
by introducing the following provisions thereto: 

 “Landlord shall transfer the Premises 3 to Tenant on the basis of
the Act of Transfer and Acceptance of the Premises 3 to be signed between the Parties on the Commencement Date 3 (as defined below) in the form attached hereto as Exhibit D2. Landlord shall not be obligated to sign the Act of Transfer and
Acceptance of the Premises 3 if the first payments of Base Rent and/or Fixed Maintenance Charge for the Premises 3 have not been fully and timely paid by Tenant. Non-execution of the Act of Transfer and
Acceptance of the Premises 3 shall not relieve Tenant from obligation to pay the Base Rent for the Premises 3 and other sums due under this Lease”. 
  

	5.	 As of August 01, 2018 to amend Article 1.7 (“Tenant’s Rentable Area”) of
the Lease by replacing the last sentence thereof in its entirety with the following: 

 “In accordance with BOMA
measurements total area of the leased Premises comprises 10 862 square meters, including Premises 1 of 9104 square meters (“Tenant’s Rentable Area 1”), Premises 2 of 932 square meters
(“Tenant’s Rentable Area 2”) and Premises 3 of 826 square meters (“Tenant’s Rentable Area 3”) (hereinafter Tenant’s Rentable Area 1, Tenant’s Rentable Area 2 and Tenant’s Rentable Area 3
jointly referred to as the “Tenant’s Rentable Area”)”. 
  

	6.	 As of August 01, 2018 to amend Article 1.8 (“Parties’ Additional
Obligations”) of the Lease by replacing the following provisions thereof: 

 “Tenant shall pay to Landlord a
fee in the amount of USD 11 965,81 (eleven thousand nine hundred sixty-five and 81/100 US Dollars) plus 18% VAT, within 14 (fourteen) calendar days upon issuance of respective invoice by Landlord and render necessary assistance to Landlord
for fulfillment of the specified measures by the latter and achievement of a goal mentioned in this Article 1.8” 
 with the
following: 
 “Tenant shall pay to Landlord a fee in the amount of USD 13 589,74 (thirteen thousand five hundred eighty-nine and
74/100US Dollars) plus 18% VAT in a manner, prescribed below and render necessary assistance to Landlord for fulfillment of the specified measures by the latter and achievement of a goal mentioned in this Article 1.8. Herewith, the Parties
confirm that a part of the above-mentioned amount comprising USD 11 965,81 (eleven thousand nine hundred sixty-five and 81/100 US Dollars) plus 18% VAT was paid by Tenant on May 16, 2018, and remaining part
of this sum in the amount of USD 1 623,93 (one thousand six hundred twenty-three and 93/100 US Dollars) plus 18% VAT shall be paid by Tenant within 14 (fourteen) calendar days upon issuance of respective invoice by Landlord”. 

 

	7.	 As of August 01, 2018 to amend Article 2.1 (“Term”) of the Lease by replacing
the first sentence thereof in its entirety with the following: 

 “Tenant shall have and hold the Premises and make
payments due under this Lease for a term (the “Term” or the “Term of this Lease”) commencing for the Premises 1 on the Commencement Date 1, which shall be June 01, 2018, for the Premises 2 – on
the Commencement Date 2 which shall be – November 01, 2018 and for the Premises 3 – on the Commencement Date 3 which shall be – August 01, 2018”. 

  
 - 44 - 

	8.	 As of August 01, 2018 to amend Article 3.1 (“Base Rent”) of the Lease in its
entirety to read as follows: 

  

	“3.1	 Base Rent 

Starting from the Commencement Date 1 for the Premises 1, Commencement Date 2 for the Premises 2 and the Commencement Date 3 for the Premises 3
and during the remainder of the Term and renewed Term in case of the Lease automatic renewal as provided for in item (a) of Article 2.2 hereof Tenant shall pay to Landlord as a rent the amounts (hereinafter — the “Base
Rent”), calculated and payable in accordance with the following schedule: 
  

	 	(i)	 The Parties hereby confirm that Tenant paid to Landlord: 

 

	 	–	 the first instalment of the first Base Rent payment (in respect of the Premises 1) in the fixed amount of USD 1
134 882,19 (one million one hundred thirty-four thousand eight hundred eighty-two and 19/100 US Dollars) for the period from June 01, 2018 till November 30, 2018 inclusive, and 

 

	 	–	 the second instalment of the first Base Rent payment (in respect of the Premises 2) in the fixed amount of USD
116 180,82 (one hundred sixteen thousand one hundred eighty and 82/100 US Dollars) for the period from September 01, 2018 till November 30, 2018 inclusive. 

The Parties hereby agree that Tenant shall pay to Landlord the third instalment of the first Base Rent payment (in respect of the Premises 3)
in the fixed amount of USD 104 098,63 (one hundred four thousand ninety-eight and 63/100 US Dollars) on or before July 06, 2018. This amount shall be for, and applied to the period from August 01, 2018 till December 31, 2018 inclusive; 

 

	 	(ii)	 the second Base Rent payment for the Premises 1 and the Premises 2 in the amount of USD 426 186,30 (four
hundred twenty-six thousand one hundred eighty-six and 30/100 US Dollars) shall be made by Tenant on or before December 01, 2018. This amount shall be for, and applied
to the period from December 01, 2018 till December 31, 2018 inclusive; 

  

	 	(iii)	 from January 01, 2019 till the end of the Term, and in case of the Lease automatic renewal as provided for in
item (a) of Article 2.2 hereof — May 31, 2019 inclusive in respect of the Premises 1 and the Premises 2 and till June 30, 2019 inclusive with regard to the Premises 3, Tenant shall make Base Rent payments on the basis of
calendar quarters in advance, in accordance with Article 3.6 of this Lease. The amount due for the payment period shall be calculated by multiplying the Base Rent rate of USD 500 (five hundred US Dollars) per square meter per year by
amount of square meters of Tenant’s Rentable Area (Tenant’s Rentable Area 3 from June 01, 2019 till June 30, 2019 inclusive), dividing the result by number of days in that year and multiplying the result by the actual number of days
in that payment period; 

  
 - 45 - 

	 	(iv)	 thereafter and till the end of the renewed Term, Tenant shall make Base Rent payments on the basis of calendar
quarters, in advance in accordance with Article 3.6 of this Lease. The amount of Base Rent due for a payment period shall be calculated as the aggregate of: 

 

	 	–	 Base Rent for the Premises 1 and the Premises 2 calculated by multiplying then-effective rate of Base Rent for
the Premises 1 and the Premises 2 per square meter per year by amount of square meters of Tenant’s Rentable Area 1 and Tenant’s Rentable Area 2, dividing the result by number of days in that year and multiplying the result by the actual
number of days in that payment period, and 

  

	 	–	 Base Rent for the Premises 3 calculated by multiplying then-effective rate of Base Rent for the Premises 3 per
square meter per year by amount of square meters of Tenant’s Rentable Area 3, dividing the result by number of days in that year and multiplying the result by the actual number of days in that payment period. 

Herewith, new Base Rent rate for the Premises 1 and the Premises 2 shall be determined annually starting from June 01, 2019 and each
following June 01 and new Base Rent rate for the Premises 3 – starting from July 01, 2019 and each following July 01 according to Base Rent Rate Indexation. The Base Rent Rate Indexation shall mean annual 5% (five
percent) increase of then-current rates of Base Rent. Upon recalculation the rates shall be used with two decimals. Each such recalculation of Base Rent rates will be effected by adjusting the amount of Base Rent due from Tenant for the payment
period (and subsequent periods in that 12-months period) in the relevant invoices issued by Landlord. 

For avoidance of doubts, for the purpose of the first Base Rent Rate Indexation, to be made on June 01, 2019 in respect of the Premises
1 and the Premises 2, and on July 01, 2019 in respect of the Premises 3 the rate of Base Rent of USD 500 (five hundred US Dollars) per square meter per annum shall be used”. 

Due to change of the Commencement Date 2 to November 01, 2018 the Parties hereby agree that Landlord’s obligation to return to Tenant
overpaid part of the second instalment of the first Base Rent payment (in respect of the Premises 2) in the amount of USD 77 879,45 (seventy-seven thousand eight hundred seventy-nine and 45/100 US Dollars) plus 18% VAT corresponding to payment for
the period from September 01, 2018 till October 31, 2018 inclusive, will be fully set off against Tenant’s obligation to pay to Landlord respective part of the second Base Rent payment for the Premises 1 and the Premises 2, specified in
item (ii) of Article 3.1 of the Lease. 

  
 - 46 - 

	9.	 As of August 01, 2018 to amend Article 3.2 (“Security Deposit”) of the Lease by:

  

	9.1.	 replacing the first sentence thereof in its entirety with the following provisions:

 “To secure performance of Tenant’s obligations hereunder Tenant shall pay to Landlord a security deposit in
the amount of USD 1 738 515,18 (one million seven hundred thirty-eight thousand five hundred fifteen and 18/100 US Dollars) (the “Security Deposit”) in three instalments as follows: 

 

	 	–	 the first instalment of the Security Deposit in the amount of USD 1 065 053,32 (one million sixty-five thousand
fifty-three and 32/100 US Dollars) (with regard to the Premises 1) was paid by Tenant on May 16, 2018; 

  

	 	–	 the second instalment of the Security Deposit in the amount of USD 132 205,26 (one hundred thirty-two thousand two hundred five and 26/100 US Dollars) (with regard to the Premises 3) shall be paid by Tenant on or before January 01, 2019, and 

 

	 	–	 the third instalment of the Security Deposit in the amount of USD 541 256,60 (five hundred forty-one thousand two hundred fifty-six and 60/100 US Dollars) (with regard to the Premises 2) shall be paid by Tenant on or before June 01, 2019”, and

  

	9.2	 replacing the phrase: 

“the amount of the Security Deposit shall be recalculated on June 01, 2019 and each following June 01 throughout the renewed
Term of the Lease, so that to be equal to the sum of the then-current Base Rent and Fixed Maintenance Charge for 92 (ninety two) days” 

with the following: 
 “a part
of the Security Deposit in respect of the Premises 1 and the Premises 2 shall be recalculated on June 01, 2019 and each following June 01 throughout the renewed Term of the Lease, so that to be equal to the sum of the then-current Base
Rent and Fixed Maintenance Charge for the Premises 1 and the Premises 2 for 92 (ninety two) days, and a part of the Security Deposit in respect of the Premises 3 shall be recalculated on July 01, 2019 and each following July 01
throughout the renewed Term of the Lease, so that to be equal to the sum of the then-current Base Rent and Fixed Maintenance Charge for the Premises 3 for 92 (ninety two) days”. 

  
 - 47 - 

	10.	 As of April 28, 2018 to amend the Lease by introducing Article 3.8 (“Rouble value of
financial obligations”) with the following wording: 

  

	“3.8	 Rouble value of financial obligations 

All financial obligations shall be calculated and settlements under this Lease shall be effected at the rate of 58,50 (fifty-eight and
50/100) Russian Roubles for 1 (one) US Dollar”. 
  

	11.	 As of August 01, 2018 to amend item (a) of Article 4.1 (“Maintenance
Charge”) of the Lease in its entirety to read as follows: 

 “(a) Starting from the Commencement Date 1 for
the Premises 1, from the Commencement Date 2 for the Premises 2 and from the Commencement Date 3 for the Premises 3 and during the remainder of the Term and renewed Term in case of the Lease automatic renewal as provided for in item (a) of
Article 2.2 hereof Tenant shall pay to Landlord Fixed Maintenance Charge calculated and payable in accordance with the following schedule: 
  

	 	(i)	 The Parties hereby confirm that Tenant paid to Landlord: 

 

	 	–	 the first instalment of the first Fixed Maintenance Charge payment (in respect of the Premises 1) in the fixed
amount of USD 306 418,19 (three hundred six thousand four hundred eighteen and 19/100 US Dollars) for the period from June 01, 2018 till November 30, 2018 inclusive; 

 

	 	–	 the second instalment of the first Fixed Maintenance Charge payment (in respect of the Premises 2) in the fixed
amount of USD 31 368,82 (thirty-one thousand three hundred sixty-eight and 82/100 US Dollars) for the period from September 01, 2018 till November 30, 2018 inclusive. 

The Parties hereby agree that Tenant shall pay to Landlord the third instalment of the first Fixed Maintenance Charge payment (in respect of
the Premises 3) in the fixed amount of USD 28 106,63 (twenty-eight thousand one hundred six and 63/100 US Dollars) on or before July 06, 2018. This amount shall be for, and applied to the period from August 01, 2018 till December 31, 2018
inclusive; 
  

	 	(ii)	 the second Fixed Maintenance Charge payment for the Premises 1 and the Premises 2 in the amount of USD 115
070,30 (one hundred fifteen thousand seventy and 30/100 US Dollars) shall be made by Tenant on or before December 01, 2018. This amount shall be for, and applied to the period from December 01, 2018 till December 31, 2018 inclusive;

  

	 	(iii)	 from January 01, 2019 till the end of the Term, and in case of the Lease automatic renewal as provided for in
item (a) of Article 2.2 hereof — till May 31, 2019 inclusive in respect of the Premises 1 and the Premises 2 and till June 30, 2019 inclusive with regard to the Premises 3, Tenant shall make Fixed Maintenance Charge
payments on the basis of calendar quarters in advance, in accordance with Article 3.6 of this Lease. The 

  
 - 48 - 

 
amount due for the payment period shall be calculated by multiplying the Fixed Maintenance Charge rate of USD 135 (one hundred thirty five US Dollars) per square meter per year by amount
of square meters of Tenant’s Rentable Area (Tenant’s Rentable Area 3 from June 01, 2019 till June 30, 2019 inclusive), dividing the result by number of days in that year and multiplying the result by the actual number of days in that
payment period; 
  

	 	(iv)	 thereafter and till the end of the renewed Term, Tenant shall make Fixed Maintenance Charge payments for the
Premises on the basis of calendar quarters, in advance in accordance with Article 3.6 of this Lease. The amount of Fixed Maintenance Charge due for a payment period shall be calculated as the aggregate of: 

 

	 	–	 the Fixed Maintenance Charge for the Premises 1 and the Premises 2, calculated by multiplying then-effective
rate of Fixed Maintenance Charge in respect of the Premises 1 and the Premises 2 per square meter per year by amount of square meters of Tenant’s Rentable Area 1 and Tenant’s Rentable Area 2, dividing the result by number of days in that
year and multiplying the result by the actual number of days in that payment period, and 

  

	 	–	 the Fixed Maintenance Charge for the Premises 3, calculated by multiplying then-effective rate of Fixed
Maintenance Charge in respect of the Premises 3 per square meter per year by amount of square meters of Tenant’s Rentable Area 3, dividing the result by number of days in that year and multiplying the result by the actual number of days in that
payment period. 

 Herewith new Fixed Maintenance Charge rates shall be determined annually starting from June 01,
2019 and each following June 01 in respect of the Premises 1 and the Premises 2 and new Fixed Maintenance Charge rate for the Premises 3 — starting from July 01, 2019 and each following July 01 according to Fixed
Maintenance Charge Rate Indexation. The Fixed Maintenance Charge Rate Indexation shall mean annual 5% (two percent) increase of then-current rates of Fixed Maintenance Charge. Upon recalculation the rates shall be used with two decimals. Each
such recalculation of Fixed Maintenance Charge rates will be effected by adjusting the amount of Fixed Maintenance Charge due from Tenant for the payment period (and subsequent periods in that 12-months
period) in the relevant invoices issued by Landlord. 
 For avoidance of doubts, for the purpose of the first Fixed Maintenance Charge Rate
Indexation, to be made on June 01, 2019 in respect of the Premises 1 and the Premises 2, and on July 01, 2019 in respect of the Premises 3, the Fixed Maintenance Charge rate in the amount of USD 135 (one hundred thirty five US
Dollars) per square meter per annum shall be used”. 

  
 - 49 - 

 Due to change of the Commencement Date 2 to November 01, 2018 the Parties hereby agree that
Landlord’s obligation to return to Tenant overpaid part of the second instalment of the first Fixed Maintenance Charge payment (in respect of the Premises 2) in the amount of USD 21 027,45 (twenty-one
thousand twenty-seven and 45/100 US Dollars) plus 18% VAT corresponding to payment for the period from September 01, 2018 till October 31, 2018 inclusive, will be fully set off against Tenant’s obligation to pay to Landlord respective part
of the second Fixed Maintenance Charge payment for the Premises 1 and the Premises 2, specified in sub-item (ii) of item (a) of Article 4.1 of the Lease. 

 

	12.	 As of August 01, 2018 to amend the Lease by introducing thereto Exhibit A2 (“Floor Plan
of the Premises 3”) attached hereto. 

  

	13.	 As of August 01, 2018 to amend the Lease by replacing Exhibit C (“Building Area
Definitions”) contained therein with new Exhibit C attached hereto. 

  

	14.	 As of August 01, 2018 to amend the Lease by introducing thereto Exhibit D2 (“Form of the
Act of transfer and acceptance of the Premises 3”) attached to this Amendment Agreement No.1. 

  

	15.	 As of August 01, 2018 to amend the Lease by replacing Exhibit G (“Form of the Act of
transfer and acceptance of the Premises”) contained therein with new Exhibit G attached hereto. 

  

	16.	 For avoidance of doubts, all amounts in this Amendment Agreement No.1 are specified without VAT, unless
otherwise expressly stated herein. The Parties hereby confirm that applicable VAT was paid in respect of previous payments and shall be paid in respect of future payments in addition to the sums stated herein. 

 

	17.	 All other provisions of the Lease, not amended by this Amendment Agreement No.1, shall remain unchanged.
This Amendment Agreement No.1 constitutes an integral part of the Lease. In case of any discrepancy between the provisions of this Amendment Agreement No.1 and the Lease, the provisions hereof shall prevail. 

 

	18.	 This Amendment Agreement No.1 shall become effective as of the date of its signing by the Parties. In
accordance with item 2 of Article 425 of the Civil Code of the Russian Federation, the Parties hereby agreed that the provisions of Article 10 of this Amendment Agreement No.1 shall be applied to their relations arisen as of April 28,
2018. 

  

	19.	 This Amendment Agreement No.1 has been executed in 9 (nine) copies (3 (three) in the English and 6 (six)
in the Russian languages), each of which shall be deemed original, and in the event of any discrepancy between English and Russian versions hereof, Russian version shall prevail. 

  
 - 50 - 

 Agreed and signed for and on behalf of: 

 

					
	Landlord:	  		  	Tenant:
			
	By:     /signature/ M.E. Yilmaz                        	  		  	By:     /signature/ A.A. Shulgin                        
			
	Name: Yilmaz Musir Emre	  		  	Name: Shulgin Alexandr Alexandrovich
			
	Title: General Representative	  		  	Title: General Director
			
		  		  	(Corporate Seal)
			
		  		  	Seal:
			
		  		  	[Internet Solutions Limited Liability Company
		  		  	Reg. No. 103588
		  		  	Moscow]

  

							
	By:     /signature/ K.O.
Trifonova                        	  	
	
	Name: Trifonova Ksenia Olegovna
	
	Title: Representative
	
	(Corporate Seal)
	
	Seal:
	
	[City Center Investment B.V.]

  
 - 51 - 

 EXHIBIT A2 

FLOOR PLAN OF THE PREMISES 3 

 EXHIBIT C 

BUILDING AREA DEFINITIONS 

 EXHIBIT D2 

FORM OF ACT OF TRANSFER AND ACCEPTANCE OF THE PREMISES 3 

 EXHIBIT G 

FORM OF ACT OF TRANSFER AND ACCEPTANCE OF THE PREMISES 

 OFFICE LEASE AMENDMENT AGREEMENT 2 

This Office Lease Amendment Agreement 2 (the “Amendment Agreement No.2”) signed this 29th
day of October, 2018 in Moscow, the Russian Federation, by and between: 
 City Center Investment B.V., a company incorporated under the laws
of the Netherlands, with its principal place of business at: Jupiterstraat 55, 2132HC Hoofddorp, the Netherlands, registered by the Chamber of Commerce and Industry for Amsterdam on February 10, 2003 under the file number 34186163, having on
the territory of the Russian Federation its representative office at: 10 Presnenskaya Naberezhnaya, Moscow, Russia, number of accreditation entry 20150005392, Accreditation Certificate issued by Inter-District Office of the Federal Tax Service No.47
of Moscow on May 06, 2015 on the blank series 77 No. 016288433, INN 9909123302, KPP 773851001, represented by General Representative Mr. Yilmaz Musir Emre and Representative Ms. Trifonova Ksenia Olegovna, acting jointly on the basis
of the Power of Attorney dated November 01, 2016 (“Landlord”), and 
 Limited Liability Company “Internet Solutions”,
incorporated under the laws of the Russian Federation under the main state registration number (OGRN) 1027739244741, with its principal place of business at Chapaevskiy per., build. 14, premises V, floor 4, room 41, Moscow, 125252, Russia, INN/KPP
7704217370/774301001, represented by its General Director Mr. Shulgin Alexandr Alexandrovich, acting on the basis of the Charter (“Tenant”), 

hereinafter jointly referred to as the “Parties” and severally — as a “Party”, 

WITNESSETH: 
 WHEREAS, Landlord and
Tenant entered into Office Lease Agreement dated April 28, 2018 in respect of certain Premises on the 29th, 30th, 32nd, 41st and 42nd floors of the 59-floor part and 1st floor of the 27-floor part of the office Building located at: 10 Presnenskaya Naberezhnaya, Moscow,
Russia (hereinafter the “Lease”), 
 WHEREAS Landlord and Tenant have entered into the Office Lease Amendment Agreement 1 on
June 27, 2018; and WHEREAS, the Parties intend to amend the Lease by signing this Amendment Agreement No.2, 
 NOW, THEREFORE, the Parties have
agreed as follows: 
  

	1.	 Unless otherwise stipulated herein, all capitalized terms used in Amendment Agreement No.2, shall have
the meanings given thereto in the Lease. 

  

	2.	 As of October 29, 2018 to amend throughout text of English version of the Lease the name of Limited
Liability Company “Internet Decisions” to Limited Liability Company “Internet Solutions”. 

	3.	 As of October 29, 2018 to amend Article 1.9 (“Expansion Right”) of the
Lease as follows: 

 « In case a written notification with a request for expansion is provided by Tenant till
June 30, 2019, Landlord will grant to Tenant one-time right to lease additional premises in the Business Centre “Naberezhnaya Tower” subject to compliance with the following conditions: 

 

	 	–	 total rentable area of such premises shall be not less than 1800 and no more than 2100 square meters according
to BOMA measurements; 

  

	 	–	 Tenant will be granted with a right of access to such premises in as-is
condition not earlier than April 01, 2020 and not later than October 01, 2020. 

 Subject to the foregoing, Landlord shall
send relevant offer(s) to Tenant on or before February 28, 2020 in order to comply with above conditions. The Parties shall agree commercial terms in a part of Base Rent and Fixed Maintenance Charge and enter into respective amendment agreement
till March 31, 2020. In case the agreement is not reached by the Parties within the specified above term, Tenant shall forfeit the right to lease additional premises granted to it by this Article 1.9.». 

 

	4.	 As of October 29, 2018 to amend the Lease by adding Article 2.4 (“Other contract”)
to read as follows: 

 «Tenant acknowledges that on June 27, 2018 Tenant entered with Landlord into the non-residential Lease agreement for the space on the 1st , 2nd basement floors in the 59-floor part of the Building, on October 29, 2018 Tenant entered with Landlord into the Office Lease agreement for the office space on the 54th ,55th , 49th floors in the 59-floor part of the Building and for the purpose of this Article the mentioned
hereto agreements shall be referred as “Other Lease”. 
 Parties agree that: 

 

	 	(i)	 any breach of the terms and conditions of Other Lease by Party shall be deemed as the breach of the terms and
conditions of this Lease by Party and any breach of the terms and conditions of this Lease by Party shall be deemed as the breach of the terms and conditions of Other Lease; 

 

	 	(ii)	 any termination of the Other Lease or this Lease shall at any Party’s discretion lead simultaneous
termination of this Lease or Other Lease respectively». 

  

	5.	 All other provisions of the Lease, not amended by Amendment Agreement No.2, shall remain unchanged. This
Amendment Agreement No.2 constitutes an integral part of the Lease. In case of any discrepancy between the provisions of Amendment Agreement No.2 and the Lease, the provisions hereof shall prevail. 

 

	6.	 Amendment Agreement No.2 shall become effective as of the date of its signing by the Parties. In
accordance with item 2 of Article 425 of the Civil Code of the Russian Federation, the Parties hereby agreed that the provisions of Article 2 of Amendment Agreement No.2 shall be applied to their relations arisen as of April 28, 2018.

  
 - 57 - 

	7.	 Amendment Agreement No.2 has been executed in 9 (nine) copies (3 (three) in the English and 6 (six) in
the Russian languages), each of which shall be deemed original, and in the event of any discrepancy between English and Russian versions hereof, Russian version shall prevail. 

Agreed and signed for and on behalf of: 
  

									
	Landlord:	  	    	  	Tenant:
					
	By:	  	 /signature/ M.E. Yilmaz
	  		  	By:	  	 /signature/ A.A. Shulgin

			
	Name: Yilmaz Musir Emre	  		  	Name: Shulgin Alexandr Alexandrovich
			
	Title: General Representative	  		  	Title: General Director
				
		  		  		  	(Corporate Seal)
				
		  		  		  	Seal:
				
		  		  		  	[Internet Solutions Limited Liability Company
		  		  		  	Reg. No. 103588
		  		  		  	Moscow]

  

			
	By:	 	 /signature/ K.O. Trifonova

		
	Name:	 	Trifonova Ksenia Olegovna
		
	Title:	 	Representative
	
	(Corporate Seal)
	
	Seal:
	
	[City Center Investment B.V.]

  
 - 58 - 

 OFFICE LEASE AMENDMENT AGREEMENT 3 

This Office Lease Amendment Agreement 3 (the “Amendment Agreement No.3”) signed this
03th day of March, 2020 in Moscow, the Russian Federation, by and between: 
 City Center Investment
B.V., a company incorporated under the laws of the Netherlands, with its principal place of business at: Diamantlaan 15, 2132 WV Hoofddorp, the Netherlands, registered by the Chamber of Commerce and Industry for Amsterdam on February 10,
2003 under the file number 34186163, having on the territory of the Russian Federation its representative office at: 10 Presnenskaya Naberezhnaya, Moscow, Russia, number of accreditation entry 20150005392, Accreditation Certificate issued by
Inter-District Office of the Federal Tax Service No.47 of Moscow on May 06, 2015 on the blank series 77 No. 016288433, INN 9909123302, KPP 773851001, represented by General Representative Mr. Yilmaz Musir Emre and Representative
Ms. Trifonova Ksenia Olegovna, acting jointly on the basis of the Power of Attorney dated October 25, 2018 (“Landlord”), and 

Limited Liability Company “Internet Solutions”, incorporated under the laws of the Russian Federation under the main state registration
number (OGRN) 1027739244741, with its principal place of business at room 6, floor 41, premises I, 10 Presnenskaya Naberezhnaya, Moscow, 123112, Russia, INN/KPP 7704217370/770301001, represented by its Chief Accountant Ms. Udovichenko Olga
Yurevna, acting on the basis of the Power of Attorney No.138-10 dated April 01, 2019 (“Tenant”), 

hereinafter jointly referred to as the “Parties” and severally — as a “Party”; 

WITNESSETH: 
 WHEREAS, Landlord and
Tenant entered into Office Lease Agreement dated April 28, 2018 in respect of certain Premises in the Building located at: 10 Presnenskaya Naberezhnaya, Moscow, Russia (hereinafter — the “Lease”); 

WHEREAS, the Parties amended the Lease by signing Office Lease Amendment Agreement 1 dated June 27, 2018 (the “Amendment Agreement
No.1”); 
 WHEREAS, the Parties amended the Lease by signing Office Lease Amendment Agreement 2 dated October 29, 2018 (the
“Amendment Agreement No.2”); 
 WHEREAS, the Parties entered into Preliminary Agreement dated April 28, 2018 according to which
they undertook to enter into amendment agreement to the Lease in order to extend the original Term of the Lease up to August 31, 2025 and clarify the Premises description therein in accordance with Cadastral Engineer measurements (as defined
below) (as amended by Amendment Agreement 1 thereto dated June 27, 2018) (hereinafter — the “Preliminary Agreement”); 

 WHEREAS, in pursuance to the Preliminary Agreement the Parties intend to sign this Amendment
Agreement No.3 on the terms and conditions set out below, 
 NOW, THEREFORE, the Parties have agreed as follows: 

 

	1.	 All references to the Lease hereinafter shall mean references to the Lease as amended by the Amendment
Agreement No.1 and the Amendment Agreement No.2. 

  

	2.	 Unless otherwise stipulated herein, all capitalized terms used in this Amendment Agreement No.3, shall
have the meanings given thereto in the Lease. 

  

	3.	 To amend the second paragraph of the preamble of the Lease in its entirety to read as follows:

 “WHEREAS, Landlord transferred for a valuable consideration to Tenant for temporary use and possession
(lease) and Tenant accepted from Landlord certain office space depicted on the floor plan attached hereto as Exhibit A with total area of 9 588,80 square meters according to measurements of a person duly authorized to perform cadastral
activities pursuant to the Federal Law dated July 24, 2007 N 221-FZ “On Cadastral Activities” (as amended) (hereinafter such person referred to as the “Cadastral engineer” and
premises measurements performed by such person — “Cadastral engineer’s measurements”) (as such measurements are defined in item (a) of Exhibit C attached hereto), including: 

 

	 	–	 1643,50 sq.m. on the 29th floor (premises I (rooms 1, 2,
3, 4, 5, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32)); 

  

	 	–	 1830 sq.m. on the 30th floor (premises I (rooms 1, 3, 6,
7, 8, 9, 10, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40)); 

  

	 	–	 1823,40 sq.m. on the 32nd floor (premises I (rooms 1, 5,
6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 21, 22, 23, 25, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 38, 39, 40, 41, 42, 46)); 

  

	 	–	 1796 sq.m. on the 41st floor (premises I (rooms 1, 2, 3,
4, 5, 6, 7, 8, 13, 14, 15, 16, 18, 19, 20, 21, 22, 23, 24, 26, 27, 28, 29, 35, 39, 41, 42, 43, 44, 45, 46, 47, 48, 49)); 

  

	 	–	 1795,40 sq.m. on the 42nd floor (premises I (rooms 1, 2,
3, 3a, 4, 4a, 5, 6, 7, 13, 14, 15, 16, 18, 19, 20, 21, 22, 23, 24, 26, 27, 28, 29, 35, 39, 41, 42, 43, 44, 45, 46, 47, 48, 49)) 

of the 59-floor part of the Building specified in the above paragraph, and 

 

	 	–	 700,50 sq.m. on the 1st floor (premises III (rooms 1, 8,
9, 10, 11, 12, 13, 14, 15)) 

 of the 27-floor part of the above-mentioned Building

 (hereinafter jointly referred to as the “Premises”, as more particularly described in paragraph (b) of Exhibit
C attached hereto)), and”. 

  
 - 60 - 

	4.	 To amend Article 1.5 (“Parking”) of the Lease by: 

 

	4.1.	 excluding the following provisions from the first paragraph thereof: 

“and renewed Term in case of the Lease automatic renewal as provided for in item (a) of Article 2.2 hereof’; 

 

	4.2.	 excluding the phrase “till the end of the Term, and in case of the Lease automatic renewal as
provided for in item (a) of Article 2.2 hereof’ from item (iii) thereof, and 

  

	4.3.	 replacing the phrase “the renewed Term” with “the Term” in item (iv) thereof.

  

	5.	 To amend the Lease by excluding Article 1.8 (“Parties’ Additional
Obligations”) therefrom in its entirety. 

  

	6.	 To amend Article 2.1 (“Term”) of the Lease by replacing the phrase “March
27, 2019” in the second sentence thereof with “August 31, 2025”. 

  

	7.	 To amend item (a) of Article 2.2 (“Automatic Renewal”) of the Lease in its
entirety to read as follows: 

 “(a) This Lease shall be renewed automatically for an additional term of 1 (one) year
under the same terms and conditions as contained herein, unless one Party notifies the other Party in writing no later than 6 (six) months before the end of the Term or additional term that it does not wish to extend this Lease, in which event this
Lease shall terminate at the end of the Term or additional term as appropriate”. 
  

	8.	 To amend Article 3.1 (“Base Rent”) of the Lease by: 

 

	8.1.	 excluding the following provisions from the first paragraph thereof: 

“and renewed Term in case of the Lease automatic renewal as provided for in item (a) of Article 2.2 hereof”; 

 

	8.2.	 excluding the phrase “till the end of the Term, and in case of the Lease automatic renewal as
provided for in item (a) of Article 2.2 hereof” from item (iii) thereof, and 

  

	8.3.	 replacing the phrase “the renewed Term” with “the Term” in item (iv) thereof.

  

	9.	 To amend Article 3.2 (“Security Deposit”) of the Lease by replacing the
following provisions contained therein: 

 “Tenant and Landlord agree that in case of the Lease automatic renewal as
provided for in item (a) of Article 2.2 a part of the Security Deposit in respect of the Premises 1 and the Premises 2 shall be recalculated on June 01, 2019 and each following June 01 throughout the renewed Term of the
Lease, so that to be equal to the sum of the then-current Base Rent and Fixed Maintenance Charge for the Premises 1 and the Premises 2 for 92 (ninety two) days, and a part of the Security Deposit in respect of the Premises 3 shall be recalculated on
July 01, 2019 and each following July 01 throughout the renewed Term of the Lease, so that to be equal to the sum of the then-current Base Rent and Fixed Maintenance Charge for the Premises 3 for 92 (ninety two) days”, with the
following: 

  
 - 61 - 

 “Tenant and Landlord agree that a part of the Security Deposit in respect of the
Premises 1 and the Premises 2 shall be recalculated on June 01, 2019 and each following June 01 throughout the Term of the Lease, so that to be equal to the sum of the then-current Base Rent and Fixed Maintenance Charge for the
Premises 1 and the Premises 2 for 92 (ninety two) days, and a part of the Security Deposit in respect of the Premises 3 shall be recalculated on July 01, 2019 and each following July 01 throughout the Term of the Lease, so that to be
equal to the sum of the then-current Base Rent and Fixed Maintenance Charge for the Premises 3 for 92 (ninety two) days”. 
  

	10.	 To amend item (a) of Article 4.1 (“Maintenance Charge”) of the Lease by:

  

	10.1.	 excluding the following provisions from the first paragraph of item (a) of Article 4.1 :

 “and renewed Term in case of the Lease automatic renewal as provided for in item (a) of Article 2.2
hereof”; 
  

	10.2.	 excluding the phrase “till the end of the Term, and in case of the Lease automatic renewal as
provided for in item (a) of Article 2.2 hereof” from sub-item (iii) thereof, and 

  

	10.3.	 replacing the phrase “the renewed Term” with “the Term” in sub-item (iv) thereof. 

  

	11.	 To amend the Lease by excluding the phrase “or renewed Term” throughout its text, unless the
context requires otherwise. 

  

	12.	 To amend Article 17.10 (“Tenant’s Right to Refuse from the Lease
Unilaterally”) of the Lease by excluding the following phrase “In case of the Lease automatic renewal as provided for in item (a) of Article 2.2 hereof” therefrom. 

 

	13.	 To amend Article 17.12 (“Tenant’s Documents”) of the Lease in its entirety
to read as follows: 

  

	“17.12	  Registration of the Lease 

Within 10 (ten) days upon respective Landlord’s demand Tenant shall provide Landlord with all the documents necessary for its obligatory
registration with the competent state authorities as per the list in Exhibit E attached hereto. Landlord shall submit the documents, required for the state registration hereof to the competent state authorities by its own efforts and at its
own expense. 
 All further amendment and/or termination agreements, as well as additional lease agreements, made upon Tenant’s request (except for the
cases of extension of the Term of this Lease and/or expansion of Tenant’s Rentable Area), shall be submitted to registration, at Tenant’s discretion, by Tenant or by Landlord, in which case Tenant does hereby agree to pay to Landlord the

  
 - 62 - 

 
amount of USD 1000 (one thousand US Dollars), plus VAT, for the service of registration of each additional lease agreement and the amount of USD 700 (seven hundred US Dollars), plus VAT, for the
service of registration of each amendment agreement or termination agreement (the “Registration Fee”). The Registration Fee shall be paid by Tenant within 10 (ten) days as of the date of issue of the respective Landlord’s
invoice. 
 If Tenant assumed obligation to submit any amendment and/or termination agreement, as well as additional lease agreement to state registration
by its own means and at its own expense and failed to fulfil such obligation within 10 (ten) business days upon receipt of documents required for the state registration from Landlord, Tenant shall pay to Landlord the Registration Fee in the amount
and in a manner specified in the above and provide Landlord at its first demand with all documents necessary for state registration. 
 For avoidance of
doubts, suspension of or rejection in the state registration of this Lease and/or amendment agreements, and/or termination agreements, and/or additional lease agreements by the registration authorities shall under no circumstances be regarded as
violation of any Tenant’s or Landlord’s obligations whatsoever. The Parties shall immediately obviate the obstacles to the registration: enter into any amendments hereto and Tenant or Landlord (as appropriate) shall provide the other Party
with any documents and/or information that may be required by the registration authority in order to complete state registration”. 
  

	14.	 To amend the Lease by replacing Exhibit A (“Floor Plan of the Premises 1”),
Exhibit Al (“Floor Plan of the Premises 2”) and Exhibit A2 (“Floor Plan of the Premises 3”) contained therein with new Exhibit A attached hereto. 

 

	15.	 To amend the Lease by replacing Exhibit C (“Building Area Definitions”)
contained therein with new Exhibit C attached hereto. 

  

	16.	 For avoidance of doubts, the Parties hereby confirm that a part of the Premises consisting of an agreed
9 104 square meters measured and calculated according to American National Standard for measuring floor space in office buildings (BOMA) (as such measurement is defined in Article 1.7 (“Tenant’s Rentable Area”) of
the Lease) on the 30th, 32nd 41st,
42nd floors, including 1005 square meters on the 29th floor of the 59-floor part of the Building
(jointly the “Premises 1”) was transferred to Tenant on June 01, 2018; a part of the Premises comprising of an agreed 932 square meters measured and calculated according to BOMA measurements on 29th floor of the 59-floor part of the Building (the “Premises 2”) was transferred to Tenant on November 01, 2018 and a part of the Premises
consisting of an agreed 826 square meters measured and calculated according to BOMA measurements on the 1st floor of the 27-floor part of the Building (the “Premises 3”) was transferred
to Tenant by Landlord on August 01, 2018, as more particularly described in Article 1.6 (“Transfer of Premises”) of the Lease. Herewith, all references to the Premises 1, the Premises 2 and the Premises 3 contained in the
Lease shall mean references to respective part of the Premises as specified above. 

  
 - 63 - 

	17.	 All other provisions of the Lease, not amended by this Amendment Agreement No.3, shall remain unchanged.
This Amendment Agreement No.3 constitutes an integral part of the Lease. In case of any discrepancy between the provisions of this Amendment Agreement No.3 and the Lease, the provisions hereof shall prevail. 

 

	18.	 The Parties hereby confirm that signing of this Amendment Agreement No.3 makes the Lease a long-term
lease agreement which is subject to obligatory state registration. Subject to provision by Tenant to Landlord of all the documents, as per the list in Exhibit E to the Lease, necessary for obligatory registration of the Lease along with the
Amendment Agreement No.1, Amendment Agreement No.2 and this Amendment Agreement No.3 (hereinafter jointly referred to as “Amendment Agreements”), Landlord undertakes to furnish to the competent state authorities the documents for
the state registration of the Lease and the Amendment Agreements by its own efforts and at its own expense as soon as practically possible. For avoidance of doubts, suspension of or rejection in the state registration of the Lease along with the
Amendment Agreements by the registration authorities shall under no circumstances be regarded as violation of any Landlord’s obligations whatsoever. The Parties shall immediately obviate the obstacles to the registration: enter into any
amendments hereto and Tenant shall provide Landlord with any documentation and/or information that may be required by the registration authority and/or Landlord in order to complete state registration. 

 

	19.	 This Amendment Agreement No.3 shall become effective as of the date of its state registration with the
competent state authorities. In accordance with item 2 of Article 425 of the Civil Code of the Russian Federation, the Parties hereby agree that terms and conditions hereof shall be applied to their relations arisen as of the date of signing hereof.

  

	20.	 This Amendment Agreement No.3 has been executed in 9 (nine) copies (3 (three) in the English and 6 (six)
in the Russian languages), each of which shall be deemed original, and in the event of any discrepancy between English and Russian versions hereof, Russian version shall prevail. 

Agreed and signed for and on behalf of: 
  

									
	Landlord:	 		 	Tenant:
					
	By:	 	 /signature/ M.E. Yilmaz
	 		 	By:	 	 /signature/ O.Y. Udovichenko

			
	Name: Yilmaz Musir Emre	 		 	Name: Udovichenko Olga Yurevna
			
	Title: General Representative	 		 	Title: Chief Accountant
				
		 		 		 	(Corporate Seal)
				
		 		 		 	Seal:
				
		 		 		 	[Internet Solutions Limited Liability Company
		 		 		 	Reg. No. 103588
		 		 		 	Moscow]

  
 - 64 - 

							
				
	By:	  	 /signature/ K.O. Trifonova
	  	    	  	
			
	Name: Trifonova Ksenia Olegovna	  		  	
			
	Title: Representative	  		  	
			
	(Corporate Seal)	  		  	
			
	Seal:	  		  	
			
	[City Center Investment B.V.]	  		  	

  
 - 65 - 

 EXHIBIT A 

FLOOR PLAN OF THE PREMISES 

 EXHIBIT C 

BUILDING AREA DEFINITIONS

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