Alexey Lvovich Karakhan

Renaissance Capital Investment Management Ltd. (RCIML) is the asset management subsidiary of Bermuda-based Renaissance Financial Holdings Ltd. Headquartered in Moscow, the firm was established in 2003 as Renaissance Capital Asset Management and provides wealth management services, including investment advisory and execution, financial advisory and estate planning for high-net worth individuals. They also cater to asset management and fund management firms for local and international clients investing in Russia, Ukraine and the CIS. RCIML manages discretionary accounts, pension funds and a range of mutual funds. They operate in Russia, the UK, the US, Cyprus, Ukraine and the British Virgin Islands.

OTKRITIE Holding JSC provides financial and investment services. It also offers business consulting, asset management, insurance, as well as banking and brokerage services. The company was founded by Vadim Stanislavovich Belyaev in 1995 and is headquartered in Moscow, Russia.

Bank Otkritie Financial Corp. PJSC engages in the provision of commercial activities, trading with securities, foreign currencies and derivative instruments, and providing loans and guarantees. It operates through the following segments: Corporate; Small businesses; and Retail banking; Investment Activities and Other Assets Management; and Unallocated Amounts. The Corporate banking segment provides banking services to large and medium-sized corporate customers. The Small businesses banking segment provides banking services to small businesses and individual entrepreneurs. The Retail banking segment provides banking services to individual customers, affluent and wealthy individuals. The Investment Activities and Other Assets Management includes trading products with fixed income and equity products, foreign exchange, precious metals and derivatives on such products, operations on monetary markets, operations under repurchase agreements, brokerage services and asset management and other investment banking services. The Unallocated amounts segment balances income and expense items not allocated to any of the segments in the internal management reporting systems. The company was founded on May 12, 1992 and is headquartered in Moscow, Russia.

Insurance Co. Opora JSC provides insurance services to individuals and corporate clients. It offers voluntary and compulsory motor insurance, agricultural insurance, and other insurance products. The company was founded on April 18, 1996 and is headquartered in Ryazan, Russia.

Part of VTB Bank PJSC, Otkritie N LLC is a commercial bank that provides banking services. Alexey Lvovich Karakhan has been the CEO of the Russian company since 2013.

Khanty-Mansiysk Bank Otkritie PJSC operates as a commercial bank. It provides accounts and cash services, deposits, remittances, crediting, and currency transaction services for individual and corporate customers. The company was founded on July 27, 1992 and is headquartered in Khanty-Mansiysk, Russia.

Part of VTB Bank PJSC, Otkritie Broker Ltd. is a brokerage firm that offers services on the stock market in Russia and abroad. The company is based in Limassol, Cyprus. The Cypriot company acts as an agent for purchasing stocks and provides brokerage services on the exchange and stock market.

Sova Capital Ltd. (Sova Capital) is the Great Britain-based brokerage and investment banking subsidiary of Despacio Associated Ltd., itself a subsidiary of Concern Rossium LLC in the Russian Federation. Formerly known as Otkritie Capital International Ltd., established in 2007, the firm is headquartered in London with additional offices in Moscow, New York and an affiliate office in Cyprus. Sova Capital provides a range of investment services to Russian and global institutional and corporate clients including independent research, securities sales & trading, financing and direct and reverse REPO. Through their state-of-the art technology they provide customized direct, low-latency access to leading equity and derivative markets and multi-lateral trading facilities.