NOTICE TO HOLDERS OF AMERICAN AND GLOBAL DEPOSITARY SHARES
REPRESENTING DEPOSITED ORDINARY SHARES OF RUSSIA-INCORPORATED ISSUERS
(“Russian DR Programs”)
As a result of the Forced Conversion under the Russian DR Delisting Law, BNY Mellon, absent further developments,
will maintain the closure of the books for cancellations effective since November 21, 2022 for all impacted Russian DR
Programs, in accordance with the applicable Deposit Agreement, where a complete reconciliation of its books and
records against DRs outstanding has not yet been achieved. BNY Mellon continues to work toward completing such
reconciliation and if/when a reconciliation can be completed, BNY Mellon may re-open its books for voluntary
cancellations (despite the termination date having passed) at which time the market will be notified in the usual manner.
Note that BNY Mellon cannot guarantee that such reconciliation will be possible, and, to the extent such reconciliation is
not possible, the relevant Russian DR Program books may not be reopened. As a reminder, under the mandatory
provisions of the DR Delisting Law, BNY Mellon as Depositary was disintermediated from DR cancellations using the
Forced DR Conversion procedures (described in detail in our notice of July 14, 2022).