ANNEX 3.
DISCLAIMER

This Annual Report of PJSC UAC (hereinafter “the Annual Report”) is not an offer, nor an invitation to make an offer (advertisement) in relation to the purchase of, or subscription to the securities of PJSC UAC. Neither the Annual Report, nor any of its parts, nor the fact of its presentation or distribution, shall be the basis for entering into any contract or taking an investment decision, so the Annual Report should not be relied on in this respect.

PJSC UAC does not bear responsibility for the consequences of use of the opinions or statements contained in the Annual Report, or for the incompleteness of the information.

FORWARD-LOOKING STATEMENTS
The Annual Report may include forward-looking statements. These forward-looking statements can be identified by the fact that they do not relate to past or current events. Forward- looking statements often use words such as “anticipate”, “target”, “expect”, “estimate”, “intend”, “expected”, “planned”, “intended”, or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances a number of which are beyond the control of PJSC UAC. As the result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements.

Any forward-looking statement made on behalf of PJSC UAC shall be valid only at the moment when this statement was made. Save as required by any applicable laws or regulations, PJSC UAC undertakes no obligation to publicly release the results of any revisions to any forward-looking statements in this document that may occur due to any change in the expectations of the Corporation or to reflect events or circumstances after the date of this document.

INFORMATION OBTAINED FROM THIRD PARTIES
In addition to the official information on the activity of PJSC UAC, the Annual Report contains information obtained from third parties. This information was received from sources which PJSC UAC deems to be reliable. This being said, PJSC UAC does not guarantee the accuracy of this information, as it may be abridged or incomplete.

USING MANAGEMENT REPORTING INFORMATION
The information presented in the Annual Report is based, among other things, on the Corporation’s management accounting and reporting, and may therefore deviate from the rules and principles that apply under IFRS. The Corporation believes that these management reporting indicators may provide investors with additional information on the current business performance of the Corporation. The management reporting indicators contained herein may not be considered separately or instead of the relevant IFRS norms and principles. In addition, there is a possibility that other companies in the industry keep a record of these indicators in other ways. The Corporation encourages investors to consider all financial statements of PJSC UAC in their entirety, instead of relying on any separate financial figure in this Annual Report.

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