Etalon Group Announces Partnership with Ozon

3 September 2021

ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces the signing of a cooperation agreement with Russia’s leading online marketplace Ozon.

As part of the long-term partnership agreement, the companies plan to carry out joint projects that combine the products and possibilities of real estate development and e-commerce. One of the first steps will be to create a virtual showroom for Etalon Group apartments on Ozon’s website. The marketplace will also act as a new advertising and promotion channel for Etalon Group’s portfolio. Ozon already has a monthly audience of tens of millions of visitors, some of which are potential buyers of real estate.

In addition, the two parties plan to install Ozon delivery lockers in Etalon’s new buildings. This will make it easier and faster to receive online orders.

Commenting on the signing of the agreement with Ozon, Etalon Group CEO Gennadiy Shcherbina said:

“We are delighted to work with Ozon and believe that this partnership will increase customer satisfaction and expand our sales channels. Thanks to our collaboration, buyers of Etalon Group real estate will now be able to choose and reserve an apartment on one of Russia’s largest e-commerce platforms. In addition, residents of Etalon Group’s new properties will have access to additional options for the delivery of orders from the Ozon marketplace. Expanding our range of additional services in cooperation with new partners and improving our online sales channels are in line with our long-term business development strategy.”

Ozon's Chief Operating Officer Daniel Fedorov added:

“Just a few years ago, one could hardly imagine selling apartments online in the Russian market. Today, we are changing the approach to buying real estate by offering a wide range of housing choices via our marketplace, and at the same time making it possible to choose furniture, appliances and other important household goods from Ozon's assortment of 27 million SKUs. This partnership with Etalon Group enables us to continue broadening our assortment, while the appearance of Ozon delivery lockers in the developer's new buildings is an opportunity to expand our last mile services and significantly improve delivery for a huge number of people.”

This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/en/news/.

EM, IR Advisers

About Etalon Group

Founded in 1987, today Etalon Group is one of the leading nationwide players in Russia’s development and housing construction sector. The Company develops real estate projects for the middle class in Moscow, the Moscow region and St Petersburg. The Company has been actively developing in eight regions across Russia since 2021, with large-scale projects under way in Omsk, the Novosibirsk region, Ekaterinburg, Tyumen and Kazan. With 38 years of successful operations and ongoing regional expansion, the Company remains one of the largest players in the Russian real estate market. Since its foundation, Etalon Group has delivered 9.7 mln sqm of real estate.

Thanks to its integrated business model, Etalon Group creates added value for customers and shareholders at every stage of development, from land plot analysis and acquisition to the operation and maintenance of existing properties. Etalon Group employs more than 6,000 people.

Etalon Group’s total assets comprise 42 projects under development, unsold inventory at completed residential complexes and commercial properties, with total unsold NSA of 5.5 million sqm, as well as a construction and maintenance division. According to Nikoliers, the value of Etalon Group assets as of 31 December 2025 was RUB 318 billion.

In 2025, Etalon Group’s new contract sales totalled 671 ths sqm, or RUB 153.5 billion.

The Company’s revenue in 2025 amounted to RUB 154 billion, with EBITDA of RUB 31 billion.

Etalon Group shares are traded on the Moscow Exchange (ticker ETLN) and have been included in the Level 2 quotation list since September 2025.