International group of rating agencies RAEX Information

Rating-Agentur Expert RA GmbH (trademark RAEX) is a business unit of International group «RAEX» in the European Union. The agency is operating since 2013 and its office is located in Frankfurt am Main (Germany). The main aim of this credit rating agency is assigning credit ratings in accordance with the most stringent regulatory regimes and codes of ethics, which are in force in the European Union. The main priority of agency's activities is assigning credit ratings to companies, financial institutes and regions from CIS countries. Also the agency is assigning sovereign ratings. The activities of Rating-Agentur Expert RA GmbH are based on many years of experience obtained by RAEX group worldwide. However in accordance with the requirements of ESMA (European Securities and Markets Authority) Regulations currently in force the agency is completely independent of the activities in other subsidiaries and agencies of the group. This is achieved through special methodologies, procedures and regulations. The staff of this agency is independent in making the decisions therefore ratings of Rating-Agentur Expert RA GmbH can differ from ratings and rating reports provided by other agencies of the group. The agency sees this as one of its advantages: the rating object receives assessment from various independent groups on analysts, which guarantees impartiality and objectivity. Rating-Agentur Expert RA GmbH is actively participating in open hearings and consultations on preparation and implementation of new regulatory regime for credit rating agencies CRA 3 and corresponding regulatory technical standards .