CREDIT RATING WITHDRAWAL RATIONALE

ACRA has withdrawn the A+(RU) credit rating, outlook Stable, of T1 LLC due to its reorganization by way of transformation. The rating has been withdrawn without its concurrent affirmation.

REGULATORY DISCLOSURE

The credit rating was previously assigned to T1 LLC under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Non-Financial Corporations under the National Scale for the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.

The credit rating of T1 LLC was published by ACRA for the first time on November 7, 2023.

The credit rating was assigned based on data provided by T1 LLC, information from publicly available sources, and ACRA’s own databases. The credit rating is solicited and T1 LLC participated in its assignment.

In assigning the credit rating, ACRA used only information, the quality and reliability of which were, in ACRA’s opinion, appropriate and sufficient to apply the methodologies.

ACRA provided no additional services to T1 LLC. No conflicts of interest were discovered in the course of credit rating assignment.

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