This Annual Report reviews the consolidated performance of PJSC Moscow Exchange MICEX-RTS (hereinafter «Moscow Exchange», or «the Group») and its subsidiaries, including JSC National Mercantile Exchange, NCO CJSC National Settlement Depository, and JSC Bank National Clearing Centre.

COMPLIANCE

Information in this report has been consolidated in accordance with Bank of Russia Instruction No 454-P of 30 December 2014, the Corporate Governance Code of 21 March 2014 and the G4 Sustainability Reporting Guidelines.