SWIFT

CONNECTION

SERVICE

2

GENERAL INFORMATION

NSD has developed and offers its clients a package of organizational and technical solutions that would allow clients to use the SWIFT equipment installed at NSD to connect to the SWIFT network (Shared Connection).

Shared Connection may be of interest both to those organizations who are just about to start using SWIFT, and SWIFT users who seek greater reliability and cost reduction.

The cost of connection to SWIFT through NSD will be several times lower than the cost of a direct connection. Additional benefits include reduced qualification requirements to, and reduced load on, the staff in charge of the SWIFT system maintenance.

NSD holds all necessary permits required to provide SWIFT Shared Connection services. An organization using the SWIFT network through NSD’s terminal becomes a SWIFT member and an absolutely independent user with his own SWIFT/BIC code.

Full SWIFT membership implies the possibility to independently deal with the SWIFT headquarters in any business project using wide technological capabilities offered by NSD for the use of SWIFT services.

NSD, on a continuous basis, develops new connectivity options and builds up the hardware and software platform of NSD’s SWIFT Terminal to improve the system fault-tolerance and speed to cope with an ever increasing number of messages transmitted by clients.

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ADVANTAGES OF CONNECTING TO SWIFT VIA NSD No need to build and pay for additional expensive dedicated SWIFT communication channels.

A possibility to subsequently move to the proprietary platform without losing investments made when using Shared Connection.

Shared Connection does not require purchasing and maintaining dedicated equipment that must be licensed.

An organization using the SWIFT network through NSD’s Terminal is a SWIFT member and an independent user with his own SWIFT/BIC code.

NSD maintains higher requirements to NSD's SWIFT Terminal and ensures its failure-free operation as compared to a standard configuration terminal.

Cost reduction both at the connection stage and the maintenance stage. A flexibility in choosing a connectivity option and interfaces.

NSD’s SWIFT Terminal has enhanced technical and functional capabilities as compared to a standard configuration terminal.

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SWIFT Terminal: NSD side SWIFT Terminal: Client side

Client using SAW or SAM workplaces

Client using SAA or SAE server

SWIFT Web Platform server. User workplaces.

Link Encryptors

Connection scheme for clients using SAE, SAA interfaces

5

Connection scheme for clients using SAW, SAM interfaces

Link Encryptors

SWIFT Terminal: NSD side

SWIFT Terminal: Client side

SWIFT Web Platform server

For SAM only MS Internet Explorer is required at the

client’s workplace

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ENSURING FAILURE-FREE OPERATION WHEN CONNECTING TO SWIFT VIA NSD

A fully functional platform distributed over three remote sites.

Critical components are sufficiently redundant at each site: - two communication channels of different communications services providers (in total, 5

dedicated channels and 1 Internet channel); - use of VPN Box and HSM Box clusters.

Use of SWIFT Alliance Access server clusters between two sites, with guaranteed data synchronization between the sites in real time and data synchronization with the third site with a delay of no more than 40 seconds.

Constant availability of all of the three SWIFT Web Platform servers. A client who has a SAM may choose any server for connection.

Use of the Moscow Exchange's network infrastructure. Connection is possible both via Moscow Exchange's channels and via Internet channels.

All of the three SWIFT Alliance Gateway access servers and all of the three of our SAA servers are constantly available to clients. Automatic switch to another SAG in case of a connectivity problem.

7

S.

W.

I.

F.

T.

VPN

boxVPN

box

VPN

box

VPN

boxVPN

box

VPN

box

SWIFT Alliance Gateway

PKI

SWIFT Alliance Access

SWIFT WebPlatform

Два сервера SWIFT Web

PlatformPKI

Краткая схема ТК SWIFT НРД .

Кластер НSM Вох

Подключение GOLD,Два выделенных канала

разных провайдеров

КластерКанальных

шифраторов

VPN

boxVPN

box

VPN

box

VPN

boxVPN

box

VPN

box

PKIPKI Кластер НSM Вох

КластерКанальных

шифраторов

VPN

boxVPN

box

VPN

box

VPN

boxVPN

box

VPN

box

PKIPKI Кластер НSM Вох

КластерКанальных

шифраторов

Подключение GOLD,Два выделенных канала

разных провайдеров

Подключение SILVER,Выделенный канал и

канал Интернет

SWIFT Alliance Gateway

SWIFT Alliance Gateway

SWIFT Alliance Access

РезервныйSWIFT Alliance

Access

КЛ

АС

ТЕ

Р

Подклю-

чение ко

всем

трем

SAG

Для

клиентов

с

сервера-

ми SAA

или SAE.

Каналы:

МБ,

Интернет

Подклю-

чение к

серверам

SAA

Для

клиентов

с SAW.

Канал:

МБ.

Подключ

ение к

сервера

м SWP.

Для

клиентов

с SAM.

Каналы:

МБ,

Интернет

Площадка 1 .

Площадка 2 .

Площадка 3 .HSM Box Cluster

SILVER connection, dedicated channel

and Internet channel

Link encryption

cluster

Backup SWIFT Alliance Access

Link encryption

cluster

Link encryption

cluster

GOLD connection two dedicated channels

of various providers

GOLD connection two dedicated channels of different providers

HSM Box Cluster

HSM Box Cluster Connection to the three

SAG

For clients using SAA

or SAE servers

Channels:

MOEX, Internet

Connection to SAA servers

For clients using SAW

Channel:

MOEX

NSD's SWIFT Terminal Scheme

Connection to SWP

servers

For clients using SAM

Channel: MOEX, Internet

Two SWIFT Web Platform

servers

Case 1

Case 2

Case 3

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ADVANTAGES OF USING SWIFT

SWIFT takes financial responsibility for the accurate, complete, and timely delivery of messages.

Reliability

Only the sender and the recipient can read or change a message in the course of its transmission between them.

Security

SWIFT formats and standards allow creating applied programs for the automatic processing of messages.

Efficiency

SWIFT formats allow transmitting almost any information necessary for Participant's day-to-day operations.

Standardization

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ADVANTAGES OF USING NSD'S SWIFT TERMINAL

• In online mode, on business days, 7 am to 11 pm (Moscow time). • In offline mode, at any other time, by mobile phone numbers.

Terminal maintenance

• Three geographically distributed remote sites for principal and redundant data processing centers, communication channels, and customer service offices. • Use of fault-tolerant IBM and HP servers with the AIX and Windows operating systems, cluster technologies, and SAN for data storage. • Use of the IBM Tivoli solution for a comprehensive online monitoring of the Terminal operation.

Fault tolerance of the Terminal

The Terminal operates on a 24x7x365 basis, save for the periods of scheduled maintenance during non-business hours.

Terminal's operating hours

• All of the above benefits will become available to our clients without the need for them to increase their SWIFT maintenance costs. Moreover, they will be able to significantly reduce their costs as compared to the direct connection option.

Cost reduction

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CONNECTING TO SWIFT KEY STEPS

To connect to the SWIFT network, it is required to:

Send a Letter of Intent to NSD. The Letter of Intent form is available on NSD's web site.

Discuss and agree upon organizational, technical, and legal issues.

Prepare necessary documents and become a SWIFT member.

Undergo security officer certification.

Receive, install and configure necessary software from SWIFT.

Run a test.

Start using the SWIFT network.

1

2

3

4

5

6

7

NSD's staff possess an extensive experience and will provide comprehensive support at each stage of the SWIFT connection process.

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Main fee items:

One-off connectivity fee:

CONNECTIVITY COST

Fee (in RUB):

42,000

Arranging redundant access to NSD's Terminal: • via the first redundant channel: • via the second and each subsequent redundant channel:

No fee charged.

10,000

Monthly access fee: • Per traffic unit: • Per user ID:

5,900 1,300

Fee for additional and/or non-standard services: To be additionally

agreed upon.

The detailed information on the SWIFT access service fees is available on NSD's web site in the Fee Schedule section at https://www.nsd.ru/en/fees/general/ .

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Main fee items:

One-off connectivity fee:

FOR ORGANIZATIONS THAT ARE ALREADY CONNECTED TO SWIFT

Fee (in RUB):

10,000

Monthly fee: - up to 100 SWIFT messages: - for each subsequent set of up to 100 messages:

3,000 3,000

Where an organization is already connected to SWIFT, NSD may, in addition to the move to Shared Connection, offer the organization to use NSD's Terminal as a redundant channel to access SWIFT services. In this case, NSD will also ensure secure safekeeping of a PKI certificate(s) being used to access the SWIFT network.

Useful links:

“Connecting to SWIFT” section at NSD website:

https://www.nsd.ru/en/services/sw_swift/

Accessing Moscow Exchange:

http://moex.com/s653

SWIFT website:

http://www.swift.com/

Banking Systems Automation Division (connectivity questions):

Tel.: (495) 745-81-32

e-mail: support@nsd.ru.

Address:

Spartakovskaya Street, 12, Moscow, 105066, Russia

Contacts and useful links

THANK YOU!

DISCLAIMER • This presentation has been prepared and issued by NSD (the “Company”). Unless otherwise stated, the Company is the source for all data

contained in this document. Such data is provided as at the date of this document and is subject to change without notice • This document does not constitute or form part of, and should not be construed as, an offer or invitation for the sale or subscription of, or a

solicitation of any offer to buy or subscribe for, any securities, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any offer, contract, commitment or investment decision relating thereto, nor does it constitute a recommendation regarding the securities of the Company

• The information in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy or completeness of the information or opinions contained herein. None of the Company, or any of its subsidiaries or affiliates or any of such person's directors, officers or employees, advisers or other representatives, accepts any liability whatsoever (whether in negligence or otherwise) arising, directly or indirectly, from the use of this document or otherwise arising in connection therewith

• This presentation includes forward-looking statements. All statements other than statements of historical fact included in this presentation, including, without limitation, those regarding our financial position, business strategy, management plans and objectives for future operations are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance, achievements or industry results to be materially different from those expressed or implied by these forward-looking statements. These forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we expect to operate in the future. Important factors that could cause our actual results, performance, achievements or industry results to differ materially from those in the forward-looking statements include, among other factors:

– Perception of market services offered by the Company and its subsidiaries – Volatility (a) of the Russian economy and the securities market and (b) sectors with a high level of competition that the Company and

its subsidiaries operate – Changes in (a) domestic and international legislation and tax regulation and (b) state policies related to financial markets and securities

markets – Competition increase from new players on the Russian market – The ability to keep pace with rapid changes in science and technology environment, including the ability to use advanced features that

are popular with the Company's and its subsidiaries' customers – The ability to maintain continuity of the process of introduction of new competitive products and services, while keeping the

competitiveness – The ability to attract new customers on the domestic market and in foreign jurisdictions – The ability to increase the offer of products in foreign jurisdictions

• Forward-looking statements speak only as of the date of this presentation and we expressly disclaim any obligation or undertaking to release any update of, or revisions to, any forward-looking statements in this presentation as a result of any change in our expectations or any change in events, conditions or circumstances on which these forward-looking statements are based