Risks of sanctions on the Russian economy. List of risks for the week from October 18 to 24 The court in Amsterdam forbade ING Bank to close the operator's account (Gazprom international projects b. V.) of Gazprom projects. ING wanted to stop the service to the company, citing sanctions risks and informed Gazprom's international projects b. V. announced plans to discontinue the service in December 2023, but her account closure has been delayed several times since then. The bank complained about the "high cost" of controlling the sanctions risks. The court noted that the company is not under sanctions. ING provided information about transactions in the account, "but did not claim that they included dubious or opaque transactions," the court noted. According to the ruling from October 19, ING must not terminate the banking relationship with the company until an account is opened in another bank. This account is the only means of making payments for the Gazprom International Group in Europe. The company stated that closing the account would not allow it to meet its obligations towards the tax authorities of the Netherlands and Great Britain. The Hungarian MOL concern bought Russia's share in the Serbian shekel. The transaction must be approved by anti-monopoly committees. Thus reported... O. Deputy Prime Minister and Minister of Finance of Serbia Sinis Mali. He expects that "the deal will be completed very soon." "An agreement was reached between the Russian side, which is the majority shareholder, and the Hungarian MOL company. The contract was signed. We, as a country, also prepared a shareholder agreement with the Hungarian side. I expect that applications will be submitted in the near future - both in Serbia and, if I'm not mistaken, in Bosnia and Herzegovina," explained Mali. From October 2025, the shekel is under American sanctions. The American authorities require the attraction of Russian shareholders weight in order to remove the sanctions. As of today, the shares in shekels are divided as follows: Gazprom Neft - 44.9%, Gazprom - 11.3%, the Government of Serbia - 29.9%.

Risks of sanctions on the Russian economy. List of risks for the week from October 18 to 24 The court in Amsterdam forbade ING Bank to close the operator's account (Gazprom international projects b. V.) of Gazprom projects. ING wanted to stop the service to the company, citing sanctions risks and informed Gazprom's international projects b. V. announced plans to discontinue the service in December 2023, but her account closure has been delayed several times since then. The bank complained about the "high cost" of controlling the sanctions risks. The court noted that the company is not under sanctions. ING provided information about transactions in the account, "but did not claim that they included dubious or opaque transactions," the court noted. According to the ruling from October 19, ING must not terminate the banking relationship with the company until an account is opened in another bank. This account is the only means of making payments for the Gazprom International Group in Europe. The company stated that closing the account would not allow it to meet its obligations towards the tax authorities of the Netherlands and Great Britain. The Hungarian MOL concern bought Russia's share in the Serbian shekel. The transaction must be approved by anti-monopoly committees. Thus reported... O. Deputy Prime Minister and Minister of Finance of Serbia Sinis Mali. He expects that "the deal will be completed very soon." "An agreement was reached between the Russian side, which is the majority shareholder, and the Hungarian MOL company. The contract was signed. We, as a country, also prepared a shareholder agreement with the Hungarian side. I expect that applications will be submitted in the near future - both in Serbia and, if I'm not mistaken, in Bosnia and Herzegovina," explained Mali. From October 2025, the shekel is under American sanctions. The American authorities require the attraction of Russian shareholders weight in order to remove the sanctions. As of today, the shares in shekels are divided as follows: Gazprom Neft - 44.9%, Gazprom - 11.3%, the Government of Serbia - 29.9%.