Vostok Investments acquired c. 28% stake in Ozon from Baring Vostok Private Equity Funds

April 12, 2024 – Ozon Holdings PLC (MOEX, AIX: "OZON", hereafter referred to as "we", "us", "our", "Ozon", the "Company", the "Group") announces today that Vostok Investments acquired c. 28% stake in Ozon from Baring Vostok Private Equity Funds. Vostok Investments is fully owned and controlled by the team of investment professionals led by Elena Ivashentseva, the former senior partner of Baring Vostok and the Chairperson of the Board of Directors of Ozon.

As a result of this transaction, Vostok Investments now owns 59,830,028 ordinary shares and 1 Class A share of Ozon representing c. 28% of the total number and voting power of Ozon's shares.

About Ozon

Ozon is a multi-category e-commerce platform operating in Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Uzbekistan, China and Turkey. Our fulfillment and delivery infrastructure enables us to provide our customers with fast and convenient delivery via couriers, pickup points or parcel lockers. Our extensive logistics footprint and fast-developing marketplace platform help entrepreneurs to sell their products across 11 time zones and offer our customers a wide selection of goods across multiple product categories. Ozon is committed to expanding its value-added services, including fintech and other verticals such as Ozon Fresh online grocery delivery. For more information, please visit https://corp.ozon.com.

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Since the coronavirus outbreak, online retailers have become the go-to destinations for Russian shoppers looking to purchase everyday items while limiting their trips outside of the house.

To ensure the health and safety of key stakeholders during this time, Ozon has adopted a range of policies to support its employees, customers, and the small and medium-sized businesses that sell their products on our platform.

1. Protecting our employees

Our top priority is to safeguard the health of our thousands of employees who continue to work during the pandemic. Ozon has introduced a wide range of policies across its fulfilment centres, warehouses, pickup points and courier services in order to ensure that we keep our employees safe while meeting the rise in customer demand.

Fufilment and sorting centres

We provided antiseptics and personal hygiene products to all employees and regularly disinfect all surfaces in common areas as well as the surfaces of frequently-used workplace equipment. In addition, we check the temperature of all employees using thermal imaging cameras and request that they see a doctor at the first sign of illness.

Delivery pick-up points

We have increased disinfection procedures at Ozon's delivery pick-up points, as well as suspending the use of fitting rooms and implementing a policy of pre-paid only orders to minimise employee contact with cash and personal cards.

Couriers

To keep our couriers safe, we have intensified morning pre-trip inspections before couriers begin their routes and regularly disinfect courier vehicles. Couriers use antiseptics, gloves, and masks when interacting with customers, and payments have been made contactless in order to limit the spread of infection.

2. Looking out for our customers

Ozon has introduced a contactless payment option and scaled up its contactless delivery services in order to ensure the safety of our customers. Since the start of the pandemic, contactless door deliveries grew to account for 80% of our overall courier deliveries.

We also developed a data-based price monitoring system to prevent price gauging by sellers on our marketplace who may seek to profit from the pandemic. In addition to our regular 24/7 monitoring and price analysis, Ozon has adopted measures to clear the site of unreasonably high prices, identify categories where speculation has taken hold, and ban sellers who repeatedly attempt to raise prices on basic goods.

3. Supporting SMEs

We are not only concerned about the welfare of our customers and employees, but the thousands of partners who sell their goods on our platform and help to keep it running.

As offline retail took a hit during the pandemic, we launched our E-commerce Online School to support entrepreneurs seeking to launch their sales online through the Ozon marketplace. The platform offers webinars by industry experts and current sellers on the Ozon marketplace that help small and medium-sized businesses navigate the Russian e-commerce market.

Ozon has also provided job opportunities for individuals working in hard-hit sectors of the economy. Since the start of the pandemic, Ozon has created more than 1,000 new jobs in central Russia at our warehouses and logistics hubs, as well as through our partnerships on employee sharing with Russian enterprises that have been affected by the coronavirus. We have additionally partnered with Yandex.Taxi and Gett drivers to deliver Ozon orders to customers.