NSD informs depositors about corporate actions through various communication channels in ISO20022 and ISO15022 standards. The technological base, built on international standards and leading global practices, provides NSD depositors with the opportunity to receive complete information about corporate actions and use the advantages of structured messages.

NSD uses various schemes and different types of messages when disseminating information about corporate actions depending on several criteria:

• Type of security,

• Type of corporate action (ISO code).

You can find the codes and description of corporate action types used in Russian practice in the latest version of SWIFT RUS or in the attached excerpt from this document on the ROSSWIFT website.

Voluntary and mandatory corporate actions conducted by NSD in the interests of its depositors may require submission of instructions. Through such instructions, persons exercising securities rights can choose one of the corporate action options. However, the time for providing instructions is limited by deadlines set by the issuer or authorized third party conducting such corporate action. Also, depositories in the chain need time to process instructions from their depositors, for which they may reduce deadlines for instruction submission by persons exercising securities rights.

NSD provides depositors with the opportunity to receive Corporate Action Reminders for which instructions can be submitted. A Reminder is a shortened version of the Corporate Action Notification sent 3 (Three) business days (for Russian securities) and 2 (Two) business days (for foreign securities) before the deadline for instructions on a specific CA option defined in the corporate action. NSD sends Reminders to depositors in three main formats:

• ISO20022 (xml)

• ISO15022 (SWIFT)

• HTML

Similar to notifications, Reminders are divided into two categories:

• Meeting Reminders

• Corporate Action Reminders

Reminders (CA013, CS013) for shareholders meetings (MEET, XMET, OMET) of Russian and foreign securities are sent through various channels in ISO20022 and ISO15022 standards to all depositors with securities balance on the record date or with balance on the securities account at the time of distribution. Reminders for Russian securities are sent to depositors who have not provided information about persons entitled to participate in the general meeting of securities owners.

Depositors have the opportunity to refuse receipt of CA013 message type, both generally by depositor code and by securities account, and CS013 message type generally by report recipient depositor code, by sending NSD an order for operation 97. To do this, it is necessary to specify in the order the action type "do not send" for report types CA013 (if necessary, specify securities account number) and/or CS013. If there is already an active 97th order for the report recipient, it is necessary to enter all previously made settings and add new ones.

At the same time, the Corporate Action Reminder service (CA312 and CS312) remains optional. Connection is made through operation 97 both at the depositor level as a whole and at the level of individual accounts.

No separate fee is charged for each "Reminder" message, however, when using the SWIFT channel, commission is charged according to the scale provided in the EDI tariffs.

A "Reminder" type message with RMDR (Reminder) code is sent to depositors under the following conditions: the message is formed based on corporate action data provided that a deadline for instruction submission is used in this corporate action. Thus, the following fields must be present in the original Corporate Action Notification to form a Reminder:

Early Response Deadline Date/Time (EARD). Date and time that NSD has set as the deadline for instruction submission for the expected event, when early instruction submission (before the specified deadline) may provide the securities owner with additional privileges or bonuses. This time is specified in Moscow time, unless another time zone is specified in the main Corporate Action Notification text.

or

Response Deadline Date/Time set by NKO AO NRD (RDDT). Date and time that NSD has set as the deadline for instruction submission for the expected event. This time is specified in Moscow time, unless another time zone is specified in the main Corporate Action Notification text.

Reminders (RMDR) are sent 1 (One) (for CA BPUT) or 3 (Three) business days (for CA BIDS, TEND and PRIO) for Russian securities and 2 (Two) business days for foreign securities before the specified "RDDT" or "EARD" date. If two or more "RDDT"/"EARD" dates are provided in the corporate action, two or several messages will be sent to depositors. Distribution is performed on business days. If the next Reminder sending date falls on a weekend, the message will be sent on the previous business day.

Reminders do not contain links to corporate action documents, and MT568 with additional information is not generated for SWIFT messages. For documents and full text of corporate action information, refer to the last sent Notification with "NEWM" or "REPL" code.

Reminders are sent to depositors with balance on the record date or with balances on the securities account at the time of distribution.

Reminders during disclosure of owners list for Russian securities (DSCL). These Reminders are sent in GS036 or MT564 (RMDR) report format provided that the depositor has not provided a list of persons exercising securities rights for the full amount of securities that was in the initial request. Such Reminders are automatically formed at 04:00 MSK on the last day for providing owner information, as well as at other time intervals at NSD's initiative.

The message is sent as a Reminder about an event that informs about the need to send an instruction for a voluntary corporate action or for a corporate action with the option to choose a participation variant.

Corporate action notifications in ISO20022 standard are carried out for all NSD depositors through CA Web Cabinet and Web Service. Corporate action messages in ISO15022 standard are sent via SWIFT channel to depositors whose EDI questionnaire specifies SWIFT as the main interaction channel with NSD or as a backup channel, but with the option of copying reports via the backup channel.

NSD provides depositors with the opportunity to independently manage reports and notifications for corporate actions both generally by depositor code and by securities account. Using operation 97, NSD depositors can select HTML and XML message formats, as well as connect or disconnect SWIFT sending. Instructions for managing corporate action and meeting notifications.