1. Class A logistics centre construction Project presentation

2. Copyright © Development Corporation of the Chuvash Republic Class A logistics centre construction | 2014 Project concepts Class A logistics centre construction with 13 768 sq. m floor area; Storage facilities floor area – 12 768 sq. m; Office premises floor area – 1 000 sq. m; Euro pallet position number– 23 052; Manhattan WMOS warehouse management system; Personnel number – 164; Investment – 513,057 million rubles.

3. Copyright © Development Corporation of the Chuvash Republic Successful project implementation factors The absence of offers for rent and sale of A class storage facilities and warehouse logistics on the market of the Chuvash Republic; Daytime heavy transport traffic limitation will soon be implemented for residential areas of Cheboksary and Novocheboksarsk. Class A logistics centre construction A | 2014

4. Copyright © Development Corporation of the Chuvash Republic Project market Class A logistics centre construction | 2014

5. Copyright © Development Corporation of the Chuvash Republic Project market The storage facilities market of the region is characterized by slow development rates. The most developed markets except Moscow and Saint-Petersburg are storage facilities markets of Yekaterinburg and Novosibirsk; The primary driving powers for the regional storage facilities market development are 1) large retailers entry into regional markets; 2) development of local production which requires distribution centres and storage facilities. Class A logistics centre construction | 2014

6. Copyright © Development Corporation of the Chuvash Republic Logistics centre business plan | 2014 Project investment Buildings Structures Equipment Transport Other Working capital

7. Copyright © Development Corporation of the Chuvash Republic Project investment The sum of expenses at the investment stage will be equal to 513,057 million rub., including: investment to basic capital (incl. VAT) – 436,434 million rub.; investment to working capital – 76,623 million rub. Project sources of funding: own funds; external funds. Class A logistics centre construction | 2014

8. Copyright © Development Corporation of the Chuvash Republic Project indexes of effectiveness Net Present Value (NPV) Internal Rate of Return (IRR) Profitability Index (PI) Discounted Pay-Back Period (DPBP) 41 594 000 rub. Pay-Back Period (PBP) 9,9% 1,11 8,49 years 10,8 years Class A logistics centre construction | 2014

9. Copyright © Development Corporation of the Chuvash Republic THANK YOU! Class A logistics centre construction | 2014