ACRA ASSIGNS AA(RU) TO THE SERIES 001P-09 (RU000A10ASC6) BOND ISSUE OF PJSC “LC “EUROPLAN”

Credit rating rationale. The issue represents senior unsecured debt of PJSC “LC “Europlan” (hereinafter, Europlan or the Company). Due to the absence of either structural or contractual subordination of the issue, ACRA regards it as equal to other existing and future unsecured and unsubordinated debt obligations of the Company in terms of priority. According to ACRA’s methodology, the credit rating of the issue is equivalent to the credit rating of Europlan — AA(RU).

The credit rating of Europlan is based on the strong assessments of the business profile and risk profile, and adequate assessments of funding, capital adequacy, and liquidity.

KEY ISSUE PROPERTIES

Sources: ACRA, issuer’s data

Regulatory disclosure

The credit rating has been assigned to the series 001P-09 (RU000A10ASC6) bond issue of PJSC “LC “Europlan” under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Financial Instruments under the National Scale for the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.

A credit rating has been assigned to the series 001P-09 (RU000A10ASC6) bond issue of PJSC “LC “Europlan” for the first time. The credit rating is expected to be revised within one year following the publication date of this press release.

The credit rating was assigned based on data provided by PJSC “LC “Europlan”, information from publicly available sources, and ACRA’s own databases. The credit rating is solicited and PJSC “LC “Europlan” participated in its assignment.

In assigning the credit rating, ACRA used only information, the quality and reliability of which were, in ACRA’s opinion, appropriate and sufficient to apply the methodologies.

ACRA provided no additional services to PJSC “LC “Europlan”. No conflicts of interest were discovered in the course of credit rating assignment.