Yukos Claims Administration
www.YukosClaims.com

Certain former foreign subsidiaries of Yukos Oil Company (the “Yukos Group”) have been liquidating assets and pursuing various legal claims with the ultimate goal of making a series of cash distributions to former shareholders of Yukos Oil Company. As each of the remaining Yukos Group assets is liquidated over time, a portion of the proceeds therefrom, as determined by the Yukos Group, will be deposited into a fund (the “Distribution Fund”), and will be distributed to former Yukos shareholders on a rolling basis. The initial distribution will be made from funds held in the structure controlled by Stichting Administratiekantoor Financial Performance Holdings, the ownership of which is no longer in dispute as a result of the settlement with Rosneft Oil Company.

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Claim Packets were mailed to former Yukos shareholders identified by the Yukos Group as possibly having purchased, acquired or held Yukos Ordinary Shares or Yukos ADRs from July 2, 2003 through and including November 28, 2007 (the “Recovery Period”).

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You are potentially eligible to receive a distribution if you purchased, acquired or held Yukos Ordinary Shares or Yukos ADRs during the Recovery Period, regardless of where you live or where those shares were purchased.

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Yukos Ordinary Shares and Yukos American Depositary Receipts (“ADRs”) are the two types of securities eligible in this administration. The identification numbers for these securities are listed below.

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Yukos Ordinary Shares are shares issued by Yukos that were formerly traded on the Russian and European stock markets.

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ADR stands for American Depositary Receipt, which is a negotiable certificate issued by a U.S. bank representing a specified number of shares in a foreign stock that is traded on a U.S. exchange.

ADRs are denominated in U.S. dollars, with the underlying security held by a U.S. financial institution overseas.

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The Yukos Group has been liquidating assets and pursuing various legal claims with the ultimate goal of making a series of cash distributions to former shareholders of Yukos Oil Company. The net proceeds of the liquidation, less any reserves for expenses, will be deposited into the Distribution Fund. The initial distribution will be made on a rolling basis from funds held in the structure controlled by Stichting Administratiekantoor Financial Performance Holdings, the ownership of which is no longer in dispute as a result of the settlement with Rosneft Oil Company. The Distribution Fund consists of at least $337 million.

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The deadline for submitting claims passed on May 30, 2016. After a grace period for late claims of more than seven months, new claim filings are no longer being accepted.

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Deficiency notices were sent to all claimants who submitted deficient claims. The deadline for receipt of all responses was 45 days after the date on the notice. The deadline for responding to deficiency notices has passed and responses are no longer being accepted.

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The Target Countries are: (a) France, (b) Germany, (c) the Netherlands, (d) Russia, (e) Sweden, (f) Switzerland, (g) the United Kingdom and (h) the United States.

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A Plan of Allocation is included in the Notice and describes how the Distribution Fund will be allocated. You can obtain a copy of the Notice by clicking here.

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Claim Determination Notices have been sent to all claimants advising whether your claim was approved or rejected. The Determination Notices were emailed on June 15, 2017, so be sure to check your spam folder. If you did not provide a valid email address, the Determination Notice was mailed to you at the address on file.

Eligible claimants residing in Target Countries should log onto the secure payment portal using the login information provided in your Determination Notice and follow the instructions on the portal to enter your payment information. The deadline for submitting all required payment information is now July 19, 2017.

Distributions to eligible claimants residing in Russia will be wired in Rubles after proper banking information is received. Eligible claimants residing in Russia who do not provide complete and accurate banking information will not be eligible for payment.

Eligible claimants residing in a Target Country (other than Russia) may elect to receive payment by electronic fund transfer (“EFT”) or by U.S. Dollar check. Eligible claimants requesting payment by EFT will be paid in their country’s official currency at the prevailing market rate at the time of payment. Eligible claimants who do not elect a payment method, or who provide incorrect or incomplete banking information, will receive their payment by check in U.S. Dollars.

Distributions to eligible claimants not residing in a Target Country will be paid by check in U.S. Dollars. If you do not reside in a Target Country, you do not need to log onto the website portal in order to be paid.

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The Distribution Agent will distribute the funds in several tranches, as outlined below. The initial distribution will be comprised of payments to Pre-Approved Claimants on a rolling basis. Once final claim determinations are made, and banking information is collected from eligible claimants, funds will be distributed to claimants whose claims have been approved. The funds distributed in this second tranche will be allocated in the same proportion as the first tranche of payments, so that all claimants with approved claims are in parity with the Pre-Approved Claimants.

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If you did not file a claim, you will not be eligible to receive a payment from the Distribution Fund.

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You may obtain additional information about the Yukos Distribution in the Notice, which can be found by clicking here. You may also request additional information by contacting the Distribution Agent through email, at info@yukosclaims.com, by mail to Yukos Claims Administration, c/o GCG, P.O. Box 9601, Dublin, OH 43017-4901, USA (via First Class Mail within the United States or International Priority Mail outside the United States) or by calling one of the telephone numbers below:

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Any tax-related question should be directed to your tax professional.

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