Disclaimer

The following information is not for disclosure, publication or distribution, directly or inderectly, in or into the United States, the People's Republic of China, Canada, Australia or Japan.

The information contained in this section of website is not an offer for sale of or invitation to make offers to purchase any securities in the United States. Any shares of Public Joint Stock Company “Research and production corporation “United Wagon Company” (hereafter – the “Company”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or in any other state agencies or jurisdictions of the United States regulating circulation of securities, and may not be offered or sold in the United States or to any persons in the United States. Exception to this rule applies to the cases specified by the registration requirements of the U.S. Securities Act of 1933 or other state securities laws, as well as to the transactions not subject to such requirements.

The information contained in this section of website along with its copies shall not be downloaded or transferred to the United States or any territory of the United States, or distributed, directly or indirectly, in the United States or any territory of the United States. Persons staying in the territory of the United States or “persons in the United States”, as defined in Regulation S of the U.S. Securities Act of 1933, shall not be granted access to this section of website. Any failure to comply with this requirement may constitute a violation of the U.S. Securities Act of 1933.

The information contained in this section of website is not a prospectus for the purposes of the Directive 2003/71/ЕС (together with any applicable implementing measures in any Member State, the “Prospectus Directive”). A prospectus, if prepared and published pursuant to the Prospectus Directive, will be made available to the public in accordance with the Prospectus Directive. Any offer of securities to the public that may be deemed to be made pursuant to these materials in any EEA Member State that has implemented Prospectus Directive is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive.

The distribution of information contained in this section of website may be restricted by law in certain jurisdictions, and persons into whose possession these materials or other information referred to herein come should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the laws of any such jurisdiction.

Some of the statements on this website constitute forward-looking statements of future events.

Such forward-looking statements may, inter alia, contain:

• assessment of the Company’s future financial results: revenue, profit (loss), earning (loss) per share, dividends, investments, capital structure, marginality, and other financial and operational indicators and ratios;
• forecasts of the present value of future cash flows;plans and goals relating to Company’s products and services;
• plans as to the development of corporate governance;
• the Company’s expectations as to its position on the market;
• industry trends;
• expectations as to regulatory changes and assessment of impact of regulatory initiatives on the Company’s activity;
• assumptions on which such statements are based.

Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from those expressed or implied by these forward-looking statements.

These risks include risks relating to changes in the Company’s activity and its perspectives; changes in political and economic conditions in Russia as well as changes in global economic conditions; changes in current or future industrial regulation, Russian legislation; competition and other factors.

The securities (additional shares) prospectus and other publicly available documents of the Company contain a detailed description of the above factors.

Many of these factors are beyond the Company’s ability to control and predict. Given these and other uncertainties, the Company cautions not to place undue reliance on any of the forward-looking statements contained herein or otherwise. The Company does not undertake any obligations to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable laws.