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FG Budushcheye PAO is a Russia-based company, which is engaged in the investment management. The Company has two main operating segments: Non-state pension provision services and Mandatory pension insurance services. Non-state pension provision services include accumulation of pension contributions, investment of pension reserves, accounting for pension liabilities of the funds, appointment and payment of non-state pensions to participants of the funds. Mandatory pension insurance services include accumulation of pension savings, arrangement of pension savings investment, accounting for pension savings, awarding and payment of the accumulated portion of the retirement pension, making regular and non-recurring pension payments to insured persons, and payments to successors of insured persons.