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COUR PERMANENTE D'ARBITRAGE

PERMANENT COURT OF ARBITRATION

IN THE MATTER OF AN ARBITRATION BEFORE A TRIBUNAL CONSTITUTED IN
ACCORDANCE WITH

THE AGREEMENT BETWEEN THE GOVERNMENT OF THE RUSSIAN FEDERATION
AND THE CABINET OF MINISTERS OF UKRAINE ON THE ENCOURAGEMENT AND
MUTUAL PROTECTION OF INVESTMENTS DATED 27 NOVEMBER 1998

- and -

THE ARBITRATION RULES OF THE UNITED NATIONS COMMISSION ON
INTERNATIONAL TRADE LAW, 1976

PCA CASE NO. 2015-21

- between -

JSC CB PRIVATBANK

The Claimant

- and -

THE RUSSIAN FEDERATION

The Respondent

PROCEDURAL ORDER NO. 16
(REVISED PROCEDURAL CALENDAR)

The Arbitral Tribunal
Professor Pierre-Marie Dupuy (Presiding Arbitrator)
Sir Daniel Bethlehem QC
Dr. Václav Mikulka

Registry
Permanent Court of Arbitration

3 May 2021

[Page 2]

1. Procedural Background

1.1 In its Procedural Order No. 12 dated 28 September 2020, the Tribunal adopted a revised procedural calendar for the damages phase.

1.2 [Redacted]

1.3 [Redacted]

1.4 [Redacted]

2. The Tribunal's Decision

2.1 Having reviewed the Parties' correspondence, the Tribunal has decided to grant the Claimant a two-week extension for the filing of its objections to document production. The Tribunal accordingly adopts the following revised procedural calendar:

[Page 3]

Deadline Party Submission/Event Time Period
11 May 2021 Parties Reasoned objections to production
25 May 2021 Parties Reply to any objections, submission of any contested document requests to the Tribunal for determination, and production of documents regarding which no objections were made 14 days
On or around 8 June 2021 Tribunal Decision on any contested document requests 14 days
On or around 22 June 2021, TBD Parties Production of documents ordered by the Tribunal to be produced 14 days
5 August 2021 Claimant Reply on Quantum (including the Illegality Objection) 90 days from the Response on Quantum (per Procedural Order No. 8) + 45 days to account for document production
3 November 2021 Respondent Rejoinder on Quantum (including the Illegality Objection) 90 days (per Procedural Order No. 8)
17-21 January 2022 All Hearing

Date: 3 May 2021

Place of Arbitration: The Hague, the Netherlands

Signature

On behalf of the Tribunal
Professor Pierre-Marie Dupuy
Presiding Arbitrator