Moscow, Russia, 11 June 2021

Tinkoff has acquired 5% of the St. Petersburg Exchange, also known as the SPB Exchange, from the NP RTS Association, a primary shareholder of the bourse, in ordinary shares. The parties announced the upcoming deal after signing a Cooperation Memorandum on 4 June 2021 on the sidelines of the St. Petersburg International Economic Forum.
As the parties agreed and set out in the Cooperation Memorandum, they intend to unite their efforts to expand their financial instruments and further develop the securities market in Russia.
The SPB Exchange is a major platform for trading international securities in Russia. Tinkoff Investments is one of the largest traders on the SPB Exchange, topping the ratings in trading volumes, the number of registered and active customers, as well as customer assets. In 2020, Tinkoff Investments increased the number of its customers fivefold, with customers’ profits reaching RUB 30 billion.
Stanislav Bliznyuk, Chairman of the Management Board, Tinkoff Bank, commented: «Low interest rates and the global uberization of investment processes are encouraging investors to pay rapidly increasing attention to the security market. Tinkoff Investments is currently the leading broker in terms of registered active customers, and we are working to create favorable conditions for retail investors, as the retail investment market grows. The SPB Exchange is our key partner in international securities trading. Acquiring this stake and strengthening our cooperation will allow us to mutually expand our product lines — investments and other services, including educational ones — as well as ensure a positive environment for future development.»