ACRA ASSIGNS BBB(RU) TO THE SERIES 002P-06 (RU000A10EVH1) BOND ISSUE OF LEGENDA LLC

Credit rating rationale. The issue represents senior unsecured debt of LEGENDA LLC (hereinafter, the Company). Due to the absence of either structural or contractual subordination of the issue, ACRA views it as equal to other existing and future unsecured and unsubordinated debt obligations of the Company in terms of priority. As per ACRA’s methodology, the detailed rating approach is applicable, according to which the recovery rate on the issue belongs to category I, and therefore the credit rating of the issue is equal to the credit rating of the Company — BBB(RU) — and is set at BBB(RU).

The credit rating of, the Company is based on the very strong geographic diversification, high level of corporate governance, very high profitability, strong liquidity, and high debt coverage. The rating is constrained by the very high industry risk (residential construction), as well as the medium size of business.

KEY ISSUE PROPERTIES

Sources: ACRA, issuer’s data

REGULATORY DISCLOSURE

The credit rating has been assigned to the bond issue of LEGENDA LLC based on the following methodologies: the Methodology for Assigning Credit Ratings to Financial Instruments on the National Scale for the Russian Federation to determine the credit rating of the bond issue under the national scale for the Russian Federation; the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities to ensure consistent and uniform application of ACRA’s methodologies, rating scales, models, and key rating assumptions.

The credit rating assigned to the bond issue (RU000A10EVH1) under the national scale for the Russian Federation has been published for the first time.

The credit rating is expected to be revised within one year.

The credit rating is assigned based on data provided by LEGENDA LLC, information from publicly available sources, and ACRA’s own databases. The rating analysis was performed using the IFRS financial statements of LEGENDA LLC as of December 31, 2025.

The credit rating is solicited and LEGENDA LLC participated in 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 LEGENDA LLC during the year preceding the rating action.

No conflicts of interest were discovered in the course of credit rating assignment.