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1 industrial production special economic zone Pskov region, Russia

2 Moglino Special economic zone 02. Pskov region on the map of Russia St Petersburg North-West Federal District Moscow

3 03. Geographical location. Transport accessibility FINLAND Distance to St Petersburg Distance to Moscow 300 km 700 km Helsinki Border on three foreign states Estonia, Latvia and Belarus Baltic Sea St Petersburg 11 border crossing points: 7 automobile, 3 railway, 1 airport Tallinn М20 ESTONIA PSKOV RUSSIAN FEDERATION Riga LATVIA М9 Veliky Luki М9 Moscow LITHUANIA Moglino Special economic zone

4 04. Moglino SEZ general information Established in October 2012 Duration: 49 years Area: 215 ha Moglino Special economic zone Jurong Consultants, Singapore prepared Moglino SEZ development plan Government investments USD 51 mln Non-government investments USD 70 mln

5 05. Urban integration 14 km to Pskov city center 50 km to the border on EU New residential area Borisovichi Proximity to railway station and airport Moglino SEZ Direct access to the federal highway St Petersburg Riga Moglino Special economic zone

6 06. Land use plan Railway Area, ha 215 Moglino Special economic zone

7 Moglino Special economic zone 07. Land lots 4787 Land lease rates in SEZ and IP, USD / ha / year St Petersburg region Kaluga region Lipetsk region Pskov region Land lease rate based on investment value, USD / ha / year < 10 USD mn 944 < 10 USD mn 850 < 20 USD mn 661 > 30 USD mn 472

8 Moglino Special economic zone 08. Infrastructure development Water supply Gas supply Industrial infrastructure Power supply Roads Customs infrastructure Business center qr 1 qr 2 qr 3 qr 4 qr 1 qr 2 qr 3 qr Free connection to infrastructure objects for tenants Logistics zone with storage terminals, container yard and truck parking lots

9 Moglino Special economic zone 09. Available infrastructure Price for technological connection to power supply 527 grid (2013), USD St Petersburg St Petersburg region Tver Pskov 72 Gas tariff, USD/1000m Power supply (110 kv) USD 80 per MW/h Gas supply (in consumer prices) USD 70 per 1000 m3 Kaluga Lipetsk Pskov Cold water supply USD 0,27 per m3

10 10. Taxation policy Tax Common rate Moglino SEZ tenant rate 1. Corporate profit tax 2% to Federal budget 18% to Regional budget 2% to Federal budget to Regional budget: 0% in % in % in % in 2024 onwards 2. Corporate property tax 2,2% 0% for 10 years 3. Land tax starting from 1,5% 0% for 5 years from the registration date 4. Vehicle tax RUR per hp 0 for 10 years from the registration date 5. Duties on equipment, raw materials and components imported from abroad 0% 6. VAT on imported equipment and raw materials (apart from Customs Union countries**) 0% 7. VAT and export duties for finished products for export through the borders of the Customs Union 0% 8.Rates of insurance payments for tenants who signed technical innovation agreement*** 30,2% 14% until 2017 ** The Customs Union includes the Russian Federation, Republic of Kazakhstan and Republic of Belarus (VAT for import from these countries can be recovered) *** The tenant shall implement technical and technological innovations Moglino Special economic zone

11 11. Customs payments Payments when equipment, raw materials and components enter and leave Moglino SEZ under free customs zone regime Entering Foreign States 0% VAT 0% Import duty 0% Excise* Moglino SEZ Customs Union* 0% Export duty VAT - refunded by tax authorities Leaving Foreign States Customs Union* 0% VAT 0% Import duty 18% VAT 0% Excise Import duty following customs tariffs** Moglino SEZ ** Except for water transport vehicle, aircrafts and passenger cars with more than 250 hp capacity ** Excluding prices for Customs union goods *Customs Union includes RF, Kazakhstan, Belarus

12 Moglino Special economic zone 12. Federal support to Moglino SEZ tenants Support measures General support measures Branch specific support measures Government guarantees for logistics companies Government support to small and medium enterprises for railway equipment manufacturers Government support to foreign operations for communal equipment manufacturers for agriculture equipment manufacturers for electric and consumer electronics manufacturers

13 PSKOV Togliatti Kaluga Lipetsk St Petersburg PSKOV Togliatti Kaluga Lipetsk St Petersburg 14. Workforce Amount of students % VET 57% high schools Training programs: Power and electric engineering 3200 graduates annually Metallurgy, machine engineering and material processing Design and construction Pskov State University established in 2010 after unification of Teachers Training and Polytechnic Universities 13 VET schools to train key competences for industrial production 30% engineers, 30% workers Food and consumer goods technology Economics and management Service and hospitality Average monthly salary (2014), USD Moglino Special economic zone 0 Industrial engineer Industrial worker

14 Moglino Special economic zone 14. Training HR center ITE Education Services, Singapore Moglino Training center Tenants (other investors and SEZs) Governmental agencies Infrastructure organizations Training centers Education sector Legislation, co-financing through government programs, search for potential employees, marketing support Search for potential employees; training / retraining co-financing Additional education, retraining, teachers training Compulsory education, graduate students as potential employees, teachers training

15 15. Social infrastructure Borisovichi estate will meet the accommodation needs of Moglino SEZ employees 1. Low-rise buildings on 2 hectares by the Management company 2. Social infrastructure and hotel Average cost for housing at primary market, USD per 1 m 2 Pskov Smolensk Novgorod Tver St Petersburg region Tenants can rent a land lot with ready infrastructure for residential construction Moglino Special economic zone

16 16. Moglino SEZ infrastructure capacities Developed land sites We offer developed land plots of variable sizes to anchor tenants, OEMs and large scale manufacturers who wish to build themselves Flexibility for both lease & own models Investment grade office space of variable sizes with requisite facilities & amenities Built up office space Availability of lease as well as purchase options Single / Multi-tenanted pre-built industrial units of various sizes offered to investors Flexibility for both lease & own models Pre-built factories Moglino Special economic zone

17 17. Tenant status acquisition order Registration Business plan presentation Agreement signing Register the legal body in the Pskov district of the Pskov region Present the business plan to the Supervisory and the Expert Board Sign a tripartite agreement with the Ministry of Economic Development and Moglino SEZ, JSC Application shall include*: Investment requirements - business plan - copies of constituent documents; - copy of the Certificate of incorporation; - copy of Tax registration certificate. *Investors will by supported by the Management Company at every stage Capital investments upwards of USD 1,9 mln (excluding intangible assets) USD 0,6 mln within the first 3 years after Tripartite Agreement signing. Moglino Special economic zone

18 Thank you for your attention! Moglino SEZ, JSC Pskov, Lenina str., 17 tel/fax 8(8112) Moglino Special economic zone

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