Analyst Coverage

Analysts
Firm Analyst
BCS   Olga Naydenova
Citi   Martin Brady
Gazprombank   c. Sergey Vasin
JP Morgan   Alexei Gogolev
Morgan Stanley   Polina Ugryumova
Renaissance Capital   David Ferguson
Sberbank   Svetlana Sukhanova
SIG   Meghna Ladha
UBS   Ulyana Lenvalskaya
VTB Capital   Vladimir Bespalov
William Blair & Company, L.L.C   Robert Napoli

QIWI Group is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding QIWI Group's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of QIWI Group or its management. QIWI Group does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.