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Financial and operating results of FESCO Transportation Group for six months ended on June 30, 2022

Operating and financial results of the Group
As per results of H1 2022, FESCO has improved its key operating and financial indicators, in particular:
• achieved record traffic volumes of 144 thousand TEU on international lines from countries of Southeast Asia to the Far East. Cumulative increase compared to 2021 is 22%;
• achieved record volumes of refrigerated cargo transportations. Total volume amounted to 19 thousand TEU, which is 35% higher than in 2021;
• EBITDA in the amount of 37 969 million rubles, which is more than 2 times higher than the level of the same period in 2021;
• record low “Net debt/EBITDA” indicator of 0.3x as of 30.06.2022;

The Group continued to increase assets:
1. container fleet in operation has been increased by 3 184 units;
2. the fleet of fitting platforms has been replenished with 1 723 units of 80-ft platforms.

Operating results of the Group:

Obligations of the Group:
1. 30 267 million rubles on credits and loans
2. 2 726 million rubles on lease agreements
Source: Fesco Transportation Group

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