ABOUT US CORPORATE GOVERNANCE INVESTOR RELATIONS PARTNERSHIP MEDIA RUS Search Etalon About us CSR Business Conduct Business Conduct Etalon Group adheres to regulatory requirements and ethical standards across its operations. We aim to ensure that any contractors, consultants and agents representing our interests also follow best practices in terms of business conduct. Etalon Group currently implements a number of provisions aimed at combating corruption and discrimination, and also ensuring fair and competitive tender procedures for our counterparties. These include the Company’s Code of Corporate Ethics and the Etalon Group Regulation on Tenders, which govern the Company’s key values and ethical principles, as well as how the rules are monitored and enforced. In accordance with the provisions of these documents, the Company has established and maintains a zero-tolerance policy towards corruption and discrimination. Fair competition Anti-corruption policy Anti-discrimination policy © 2020 Etalon Group 2-4 Arch. Makariou III Avenue, Capital Center, 9th floor, 1065 Nicosia, Cyprus +44 (0)20 8123 1328

ABOUT US CORPORATE GOVERNANCE INVESTOR RELATIONS PARTNERSHIP MEDIA RUS Search Etalon Investor relations Share Information Dividends Dividends One of Etalon Group’s key priorities is to distribute the profits from its development projects among shareholders. Since 2013, the Company has gradually raised the target level of its dividend payments from 15–30% to 40%–70% of IFRS net prof­it, as approved by the Board of Directors in May 2017. In September 2021, following a recovery in profitability, the Board of Directors updated the Company’s dividend policy. The Company will now aim to pay out dividends in the range of 40%–70% of pre-PPA IFRS net profit. Payments will be made once a year after the publication of Etalon Group’s IFRS annual financial statements. In order to increase transparency, the Board of Directors will provide its recommendation on dividends no later than 31 May following the reporting period and payments will be made no later than 31 December in the same year. Dividends Declared Dividends Paid 0.080.08 0.140.14 0.080.08 0.140.14 0.220.22 0.190.19 0.160.16 2013 2014 2015 2016 2017 2018 2019 0 0.025 0.05 0.075 0.1 0.125 0.15 0.175 0.2 0.225 0.25 Final dividend, USD per share Interim dividend, USD per share Download INTERIM, USD PER SHARE FINAL, USD PER SHARE TOTAL, USD PER SHARE 2013 0.075 0.075 2014 0.02 0.12 0.14 2015 0.03 0.05 0.08 2016 0.03 0.107 0.137 2017 0.04 0.18 0.22 2018 0.19 0.19 2019 0.16 0.16 © 2020 Etalon Group 2-4 Arch. Makariou III Avenue, Capital Center, 9th floor, 1065 Nicosia, Cyprus +44 (0)20 8123 1328