Share capital

UMG’s share capital is USD 36,000 divided into 90,000,000 ordinary shares with a nominal value USD 0.0004 each. In July 2021, the Company established a sponsored Global Depositary Receipt ("GDR") program for 44.0% of its shares. Underlying ordinary shares are traded in the form of Reg S GDRs at the Moscow Stock Exchange (MOEX) since July 15, 2021 under the ticker GEMC (Bloomberg GEMC RX). GDR to Share ratio is 1:1.

Shareholder capital structure as at July 15, 2021