Group of Companies Segezha Public Joint Stock Company (MISX:SGZH) agreed to acquire Forestry Assets in Siberia from Bonum Capital for $608 million on October 11, 2021. Under the terms consideration of $130 million payable in October, $335 million in Jan 2022 and 2 payments of $25 million each as a deferred payment in 2 and 4 years. Segezha Group will finance the acquisition with funds from a new issue of RUB-denominated exchange-traded bonds of approximately as well as cash on hand from the Company's IPO. In a separate transaction Bonum Capital has entered into a sale and purchase agreement to acquire a stake in Segezha Group from PJSFC Sistema. The transaction is expected to close in 1Q 2022 following customary regulatory and corporate approvals, as well as fulfilment of other conditions precedent agreed by the parties. The acquired assets are expected to be consolidated into Segezha Group's financial statements from first quarter of 2022. Segezha Group expects a significant positive effect from the transaction from 1Q 2022. The deal is expected to close by end of the year 2021. As of December 13, 2021, the transaction has been approved by FAS of Russia.

Group of Companies Segezha Public Joint Stock Company (MISX:SGZH) completed the acquisition of Forestry Assets in Siberia from Bonum Capital on December 21, 2021.