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Order on special decision concerning a transaction by Balchug Capital

January 31, 2025

Vladimir Putin signed Order On a Special Decision Concerning the Execution of a Transaction by Balchug Capital Closed Joint-Stock Company.

In accordance to para 5 of Presidential Executive Order No. 520 of August 5, 2022, On Special Economic Measures in the Financial and Fuel-and-Energy Spheres in Connection with the Unfriendly Actions by Certain Foreign States and International Organisations, the President ordered to allow Balchug Capital Closed Joint-Stock Company to execute a transaction to purchase 100 percent stake in equity capital of Goldman Sachs Bank LLC, currently held by Goldman Sachs Group, Inc.

January 31, 2025