Attn.: NSD's Clients
Please be advised that pursuant to Russian Ministry of Finance's Letter No. 03-08-05/101452 dated 18 November 2020, with effect from 1 January 2021, securities (corporate bonds) subject to centralized recordkeeping of rights thereto, with the state registration date prior to 1 January 2012 and the offering date after 1 January 2020, including discount bonds, will be subject to tax withholdable by securities depositories as withholding agents under the Russian Tax Code and Double Taxation Treaties, in accordance with the general terms and conditions applicable to securities issued in or after 2012.
If you have any questions related to this communication, please contact your account managers by telephone: +7 495 956-27-90/91.