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24 April 2026

Incab Holding becomes a public joint-stock company

On April 24, 2026, JSC Incab Holding was officially transformed into a public joint-stock company – PJSC Incab Holding. The corresponding changes have been registered in accordance with the law and disclosed on the company’s page at e-disclosure.ru.

The change of legal form is a natural step in the development of the company, which plans to conduct an IPO on the Russian stock market in 2026. The status of a public joint-stock company entails compliance with mandatory information disclosure requirements and adherence to corporate governance standards applicable to public companies.

In March 2026, the Bank of Russia registered an additional issue of ordinary shares of JSC Incab Holding in the amount of 30 million shares. The Group’s main operating company, Incab LLC, generates 95% of the holding’s revenue.

“Incab has already been listed with a bond issue, and an IPO has always been more a matter of timing for us. We have done a lot of internal work, established the necessary processes, and  today we are ready for a new level of public disclosure. Specific details of the offering will be announced later.”

       — Alexander Smilgevich, CEO of PJSC Incab Holding

Starting from April 24, 2026, all material facts regarding the company’s activities will be disclosed within the established deadlines on the Interfax-CRKI platform. The current version of the Articles of Association of PJSC Incab Holding is available in the “Investors” section on the company’s website.