June 8, 2021 at the meeting the rating committee of the Agency “Expert-Rating” made decision to assign a
credit rating to KSG Agro S.A. at the level uaA+. A borrower or a separate debt instrument with rating uaA is
characterized by a high solvency compared to other Ukrainian borrowers or debt instruments. The level of solvency is
sensitive to the impact of adverse commercial, financial and economic conditions.

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