Notice to Noteholders

1.1. Ïîëíîå ôèðìåííîå íàèìåíîâàíèå ýìèòåíòà: ÁðîêåðÊðåäèòÑåðâèñ Ñòðàê÷ýðä Ïðîäàêòñ ÏèÝëÑè (BrokerCreditService Structured Products Plc);

1.2. Ñîêðàùåííîå ôèðìåííîå íàèìåíîâàíèå ýìèòåíòà: ÁðîêåðÊðåäèòÑåðâèñ Ñòðàê÷ýðä Ïðîäàêòñ ÏèÝëÑè (BrokerCreditService Structured Products Plc);

1.3. Ìåñòî íàõîæäåíèÿ Ýìèòåíòà: Àãèàñ Ôèëàêñåîñ, 182, ÁÈÇÍÅÑ-ÖÅÍÒÐ ÊÎÔÒÅÐÎÑ, îôèñ 203, 3083, Ëèìàññîë, Ðåñïóáëèêà Êèïð;

1.4 Íàëîãîâûé èäåíòèôèêàòîð ýìèòåíòà â ñòðàíå ðåãèñòðàöèè: 12158664Z

1.5. Ðåãèñòðàöèîííûé íîìåð ýìèòåíòà â ñòðàíå ðåãèñòðàöèè: 158664

1.6. Àäðåñà ñòðàíèöû â ñåòè Èíòåðíåò, èñïîëüçóåìîé äëÿ ðàñêðûòèÿ èíôîðìàöèè: http://www.e-disclosure.ru/portal/company.aspx?id=35220;

1.7. Äàòà íàñòóïëåíèÿ îñíîâàíèÿ äëÿ ðàñêðûòèÿ ñîîáùåíèÿ: 15.03.2023

2.1. Ñîîáùåíèÿ è äîêóìåíòû, ðàñêðûòûå â ñîîòâåòñòâèè ñ èíîñòðàííûì ïðàâîì è/èëè ïðàâèëàìè èíîñòðàííîé ôîíäîâîé áèðæè, íà êîòîðîé öåííûå áóìàãè ïðîøëè ïðîöåäóðó ëèñòèíãà:

Èíôîðìàöèÿ, ñîäåðæàùàÿñÿ â íàñòîÿùåì ñîîáùåíèè, ïðåäíàçíà÷åíà äëÿ êâàëèôèöèðîâàííûõ èíâåñòîðîâ

BROKERCREDITSERVICE STRUCTURED PRODUCTS PLC

Office 203, Kofteros Business Center, 182, Agias Filaxeos, 3083, Limassol

Phone: +357 257 74044

E-mail: info@bcs-sp.com

www.bcs-sp.com

From: BrokerCreditService Structured Products plc (the “Issuer”)

To: The Noteholders

Cc: Citibank, N.A., London Branch

Citgroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom

Cc: Euronext Dublin

15 March 2023

NOTICE TO NOTEHOLDERS

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR ATTENTION. This notice contains important information which should be read carefully.

The distribution of this notice may be restricted by law in certain jurisdictions and persons into whose possession this notice comes are requested to inform themselves about, and to observe, any such restrictions.

If you have sold or otherwise transferred your entire holding(s) of Notes, please forward this document immediately to the purchaser or transferee, or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

Re: Issue of Series 2017-10 USD 12,000,000 First-to-Default Credit Linked Notes due December 2023 (ISIN: XS1654229290) (the “Notes”) under the EUR 20,000,000,000 Euro Medium Term Note Programme (the “Programme”)

Reference is made to the Conditions of the Notes and the Issuer’s notice dated 8 August 2022 informing the Noteholders that the EMEA ISDA Determinations Committee resolved on 11 April 2022 that a failure to pay had occurred with respect to JSC Russian Railways under the 2014 ISDA Credit Derivatives Definitions on 28 March 2022, when JSC Russian Railways had failed to pay interest under the CHF250,000,000 facility agreement dated 11 March 2020 between RZD Capital Plc as lender and JSC Russian Railways as borrower upon the expiry of the applicable grace period, and that the Calculation Agent has determined, therefore, that a Failure to Pay has occurred under the Notes with respect to JSC Russian Railways.

Capitalised terms used but not otherwise defined herein shall have the meaning given to them under the Conditions, or if not defined therein, under the Programme.

The Issuer hereby gives notice to the Noteholders that:

(i) the Calculation Agent was unable to obtain any Full Quotation or, where applicable, any Weighted Average Quotation with respect to CHF250,000,000 Loan Participation Notes due 2026 (ISIN: CH0522690715), being the Deliverable Obligation selected by the Issuer for the purposes of determining the Cash Settlement Amount and the Final Price (the “Selected Valuation Obligation”), on any of the ten CLN Business Days following the Relevant Valuation Date, being 16 February 2023;

(ii) therefore, in accordance with the Conditions of the Notes, the Quotation for the full Quotation Amount with respect to the Selected Valuation Obligation shall be deemed to be zero and, as a result, the Final Price and the Cash Settlement Amount for the purposes of settlement of the Notes shall be zero; and

(iii) the Notes shall be redeemed on the Cash Settlement Date, being 20 March 2023.

BrokerCreditService Structured Products plc, as Issuer

3. Ïîäïèñü

3.1. Äèðåêòîð

(íàèìåíîâàíèå äîëæíîñòè óïîëíîìî÷åííîãî ëèöà ýìèòåíòà)

Àë¸íà Èîàííó

(ïîäïèñü) (È.Î. Ôàìèëèÿ)

3.2. Äàòà 15.03.2023