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www.tinkoff.ru/eng Tinkoff Bank Launches Mortgage Platform Moscow, Russia — 18 May 2015. TCS Group Holding PLC (TCS LI) (the "Group"), including Tinkoff Bank, Russia's leading provider of online retail financial services, today announces the launch of a fully functional platform for origination of mortgage loans with partner banks. Partnership agreements have been reached with four large Russian mortgage lenders including DeltaCredit, TransCapitalBank, Intercommerz Bank and Housing Finance Bank, while negotiations with other potential partners are still ongoing. Tinkoff Bank’s mortgage platform provides convenience for customers who will only need to contact the bank’s call centre or submit an online form to apply for a loan. Based on the assessment of the potential customer’s needs and borrowing capacity, Tinkoff Bank will select the most suitable product among those offered by partner banks and negotiate the loan terms. Following this process, the customer will be able to close the deal with the selected partner bank. Tinkoff Bank will be working with appraisers, insurers and partner banks which will not involve any service fee for the customer. Tinkoff Bank will not act as a mortgage loan provider and therefore will not take on any mortgage risks. Loans will be provided by specialised partner banks which will pay a fee to Tinkoff Bank for every new customer. Tinkoff Bank will use its extensive experience in customer acquisition and its own scoring methodology to ensure a high-quality customer base for mortgage loans. Commenting on the new project, Oliver Hughes, CEO of Tinkoff Bank, said: “Tinkoff Bank is delighted to launch its mortgage platform which will enable it to further expand its product offering and reach out to new customer segments. We expect that our platform will make mortgage lending easier and more efficient for both partner banks and customers. We see a perfect synergy in this collaboration format, combining Tinkoff Bank’s customer acquisition and servicing expertise, as well as innovative IT systems and remote channels, with the wide choice of mortgage offers from our partners.” 1 www.tinkoff.ru/eng For enquiries: Tinkoff Bank Darya Ermolina Head of PR + 7 495 648-10-00 (ext. 2009) [email protected] Tinkoff Bank Larisa Chernysheva IR Department + 7 495 648-10-00 (ext. 2312) [email protected] FTI Consulting London Maria Shiryaevskaya +44 (0) 20 3727 1677 FTI Consulting Moscow Olga Lundquist +7 495 795-06-23 About the Group TCS Group Holding PLC is an innovative provider of online retail financial services operating in Russia through a high-tech branchless platform. In order to support its branchless platform, the Group has also developed a "smart courier" network covering almost 600 cities and towns in Russia which allows next day delivery to many customers. Since its launch in 2007 by Mr Oleg Tinkov, a renowned Russian entrepreneur with a long track record of creating successful businesses, the Group has grown into a leader in the Russian credit card market. As of 1 March 2015, the Group has issued 5 mln credit cards. In addition to a market-leading credit card offering, the Group has developed a successful online retail deposits programme. The Group’s other innovative lines of business include Tinkoff Online Insurance, which enables the Group to underwrite and sell its own innovative online insurance products, and Tinkoff Mobile Wallet, mobile payment solutions and financial services for Russian consumers. As of 31 December 2014, the Group's total assets amounted to RUB 108.8 bn, net loans and advances to customers stood at RUB 74.6 bn and customer accounts (deposits) amounted to RUB 43.4 bn. In 2014, the Group generated a net profit of RUB 3.4 bn and net interest income of RUB 30.8 bn. The Group is well capitalised with the total capital ratio and Tier 1 capital ratio of 21.8% and 15.9%, respectively, in accordance with Basel III methodology. 2