Novavis Group S.A. — Major Shareholding Notification 2016

Aug 30, 2016

Current report no. 10/2016 Dated 29 August 2016

SHAREHOLDERS RESPRESENTING OVER 5%OF VOTES AT THE ANNUAL GENERAL MEETING OF SHAREHOLDERS HELD ON 29 AUGUST 2016

Sadovaya Group S.A., a joint stock company under Luxembourg law, with registered office at 10, Boulevard de la Foire, L-1528 Luxembourg, registered in the Luxembourg Register of Companies under No. B 153.489, (the "Company"), hereby informs that the following shareholders held over 5% of the total votes represented at the Company's annual general meeting of shareholders held on 29 AUGUST 2016 at Aleksandr Pirogovskiy str., 19, block 2, 03110, Kiev, Ukraine:

• Connektico Ventures Limited – 32 314 270 votes, constituting 100% of votes represented at the AGM and 75% of total votes

Legal grounds: article 70.3 of the Act on Public Offerings and Conditions Governing the Introduction of Financial Instrument to Organised Trading System and Public Companies.

Signatures of individual authorised to represent the Company:

Liza Semeritskaya