Material fact notice

Certain Resolutions Taken by Issuer’s Supervisory Board

12.09.2017

1. General Information

1.1. Issuer’s full corporate name

CREDIT BANK OF MOSCOW (public joint-stock company)

1.2. Issuer’s abbreviated corporate name

CREDIT BANK OF MOSCOW

1.3. Issuer’s registered office

2 (bldg. 1) Lukov pereulok, Moscow 107045, Russia

1.4. Issuer’s OGRN

1027739555282

1.5. Issuer’s TIN

7734202860

1.6. Unique issuer code assigned by the registration authority

01978В

1.7. Issuer’s disclosure webpage

http://www.mkb.ru;

http://www.e-disclosure.ru/portal/company.aspx?id=202

2. Content of the Notice

2.1. Quorum of Supervisory Board meeting and vote count for resolutions:

Quorum: 10 out of the 10 Supervisory Board members cast their votes: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.

The Supervisory Board meeting was quorate and had requisite authority to make resolutions on the items of agenda.

Vote count for the first item of agenda:
Review of prevailing "sentiments" and expected trends in the international markets.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the second item of agenda:
Review of the Audit and Risk Committee's report.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the third item of agenda:
Approval of the Bank’s List of Conflict of Interest Prevention, Detection and Settlement Measures for Professional Activities in the Securities Market.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the fourth item of agenda:
Approval of the Internal Audit Division’s report for 1H2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the fifth item of agenda:
Approval of the Bank's main solvency criteria and the results of liquidity stress testing based on them.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the sixth item of agenda:
Approval of the Operational Risk Management Report for May-July 2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the seventh item of agenda:
Approval of the Compliance Risk Management Report for May-July 2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the eighth item of agenda:
Approval of the Risk Management Report for 1H2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the ninth item of agenda:
Approval of the Risk and Capital Management Strategy of CREDIT BANK OF MOSCOW’s Banking Group.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the tenth item of agenda:
Approval of the Bank’s Risk Management Quality Report for 2Q2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the eleventh item of agenda:
Approval of CREDIT BANK OF MOSCOW Banking Group’s Risk Management Quality Report for 2Q2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the twelfth item of agenda:
Approval of the Bank's Mandatory Ratios and Capital Report for 2Q2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the thirteenth item of agenda:
Approval of CREDIT BANK OF MOSCOW Banking Group’s Mandatory Ratios and Capital Report for 2Q2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the fourteenth item of agenda:
Approval of the AML/CFT Compliance Report for 1H2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the fifteenth item of agenda:
Review of the Compensation, Corporate Governance and Nominations Committee's report.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the sixteenth item of agenda:
Calling of an extraordinary General Shareholders’ Meeting to be held in the form of meeting (joint attendance) of shareholders.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the seventeenth item of agenda:
Approval of the text, and the method of delivery, of the notice of the extraordinary General Shareholders’ Meeting.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the eighteenth item of agenda:
Approval of changes in the Management Board.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the nineteenth item of agenda:
Approval of the Supervisory Board plan of work for 2018.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the twentieth item of agenda:
Review of the Strategy and Capital Markets Committee's report.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the twenty-first item of agenda:
Approval of the Bank’s updated budget for 2017.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the twenty second item of agenda:
Approval of requesting a stock market professional participant license for the Bank.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

Vote count for the twenty third item of agenda:
Approval of the date of the next in-person Supervisory Board meeting.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Andreas Klingen, Mikhail E. Kuznetsov, Sergey Yu. Menzhinsky, Marina M. Nastashkina, William Forrester Owens, Ilkka Seppo Salonen, Vladimir A. Chubar.
"AGAINST" – 0 (zero) votes;
"ABSTAINED" – 0 (zero) votes.
The resolution was passed.

2.2. Resolutions:

Resolution on the first item of agenda:
To take note of the update on prevailing “sentiments” and expected trends in the international markets and factor the existing international and Russian market conditions into the planning of the Bank’s activities for the nearest terms.

Resolution on the second item of agenda:
To take note of the Audit and Risk Committee’s report and approve its recommendations as per its meeting minutes No. 07 dated 11.09.2017.

Resolution on the third item of agenda:
To approve the List of Conflict of Interest Prevention, Detection and Settlement Measures for Professional Activities in the Securities Market as per annex 1.

Resolution on the fourth item of agenda:
To approve the Internal Audit Division’s report for 1H2017 as per annex 2.

Resolution on the fifth item of agenda:
To approve the Bank's main solvency criteria and the results of liquidity stress testing based on them as per annex 3.

Resolution on the sixth item of agenda:
To approve the Operational Risk Management Report for May-July 2017 as per annex 4.

Resolution on the seventh item of agenda:
To approve the Compliance Risk Management Report for May-July 2017 as per annex 5.

Resolution on the eighth item of agenda:
To approve the Risk Management Report for 1H2017 as per annex 6.

Resolution on the ninth item of agenda:
To approve the Risk and Capital Management Strategy of CREDIT BANK OF MOSCOW’s Banking Group as per annex 7.

Resolution on the tenth item of agenda:
To approve the Bank’s Risk Management Quality Report for 2Q2017 as per annex 8.

Resolution on the eleventh item of agenda:
To approve CREDIT BANK OF MOSCOW Banking Group’s Risk Management Quality Report for 2Q2017 as per annex 9.

Resolution on the twelfth item of agenda:
To approve the Bank's Mandatory Ratios and Capital Report for 2Q2017 as per annex 10.

Resolution on the thirteenth item of agenda:
To approve CREDIT BANK OF MOSCOW Banking Group’s Mandatory Ratios and Capital Report for 2Q2017 as per annex 11.

Resolution on the fourteenth item of agenda:
To approve the AML/CFT Compliance Report as per annex 12.

Resolution on the fifteenth item of agenda:
To take note of the Compensation, Corporate Governance and Nominations Committee’s report and approve its recommendations as per its meeting minutes No. 03 dated 12.09.2017.

Resolution on the sixteenth item of agenda:

16.1. To convene an extraordinary General Shareholders’ Meeting.

16.2. To determine:

– the form of the extraordinary General Shareholders’ Meeting: meeting (joint attendance) of shareholders;
– the date of the extraordinary General Shareholders’ Meeting: 15 November 2017;
– the venue of the extraordinary General Shareholders’ Meeting: the Bank’s premises at 2 (bldg. 1) Lukov pereulok, Moscow;
– the time of the extraordinary General Shareholders’ Meeting: 11:00 a.m. Moscow time;
– the starting time for registration of participants in the extraordinary General Shareholders’ Meeting: 10:30 a.m. Moscow time;
– the mailing address for completed ballots: 2 (bldg. 1) Lukov pereulok, Moscow 107045.

16.3. The record date for participation in the General Shareholder’s Meeting: 23 September 2017

16.4. The deadline for submitting Supervisory Board nominations: 15 October 2017

16.5. To approve the following agenda of the extraordinary General Shareholders’ Meeting:

1. Early termination of appointment of incumbent Supervisory Board members.
2. Determination of the number of Supervisory Board members.
3. Election of the Supervisory Board.;

16.6. To determine that the list of information (materials) deliverable to shareholders in contemplation of the extraordinary General Shareholders’ Meeting, wordings of resolutions, voting ballots’ form and wordings will be approved by the Supervisory Board at another meeting at least 20 days in advance;

16.7. To determine the following procedure to access information (materials) deliverable in contemplation of the extraordinary General Shareholders’ Meeting:

- persons entitled to participate in the extraordinary General Shareholders’ Meeting (or their representatives) may inspect materials (information): (i) between 25.10.2017 and 14.11.2017 from 09:00 a.m. to 06:00 p.m. Moscow time (save for weekends and public holidays); (ii) on 15 November 2017 during registration for and holding of the extraordinary General Shareholders’ Meeting, in each case at the Bank’s premises at 2 (bldg. 1) Lukov pereulok, Moscow.
- persons entitled to participate in the extraordinary General Shareholders’ Meeting (or their representatives) may request copies of materials deliverable in contemplation thereof. The Bank may charge a fee for the making of such copies, such fee not to exceed the cost of making thereof;
- persons entitled to participate in the extraordinary General Shareholders’ Meeting (or their representatives) may inspect the materials (information) subject to production of an ID and evidence of authority of any such representatives.

Resolution on the seventeenth item of agenda:

17.1. To approve the wording of the notice of the extraordinary General Shareholders’ Meeting as per annex 13.

17.2. To inform the Bank’s shareholders of the extraordinary General Shareholders’ Meeting at least 50 days in advance. To give such notice to the shareholders named in the Bank’s shareholder register by sending it by registered mail or by delivery with signed acknowledgment, and to the shareholders unnamed therein by sending it electronically to the holder of register for forwarding to them through the relevant nominee.

Resolution on the eighteenth item of agenda:

18.1. To approve the candidacy of Oleg A. Borunov for appointment as Deputy Chairman of the Management Board and member of the Management Board.

18.2. Vladimir A. Chubar, Chairman of the Management Board, to ensure the candidate’s profile, request and other documents required to approve Oleg A. Borunov for appointment as Deputy Chairman of the Management Board and member of the Management Board are filed with the Bank of Russia.

18.3. To authorise Vladimir A. Chubar, Chairman of the Management Board, or any person acting in his capacity, to sign the candidate’s profile, request and other documents required to approve Oleg A. Borunov for appointment as Deputy Chairman of the Management Board and member of the Management Board.

18.4. To appoint Oleg A. Borunov as Deputy Chairman of the Management Board and member of the Management Board on the third business day after the receipt by the Bank of candidacy approval documents from the Bank of Russia.

18.5. To request Vladimir A. Chubar, Chairman of the Management Board, to ensure the notice of appointment of Oleg A. Borunov as Deputy Chairman of the Management Board and member of the Management Board, is duly given to the Bank of Russia.

Resolution on the nineteenth item of agenda:
To approve the Supervisory Board’s plan of work for 2018 as per annex 14.

Resolution on the twentieth item of agenda:
To take note of the Strategy and Capital Markets Committee’s report and approve its recommendations as per its meeting minutes No. 03 dated 12.09.2017.

Resolution on the twenty-first item of agenda:
To approve the Bank’s updated Budget for 2017 as per annex 15.

Resolution on the twenty-second item of agenda:

22.1. As the Bank wishes to engage in securities management activities, to approve requesting the Bank of Russia to issue a stock market professional participant license for securities management to the Bank.

22.2. To request Vladimir A. Chubar, Chairman of the Management Board, to arrange steps to obtain such license as provided for by applicable laws.

Resolution on the twenty-third item of agenda:

To approve 12 December 2017 as the date of the next in-person meeting of the Supervisory Board.

2.3. Date of Supervisory Board meeting: 12.09.2017.

2.4. Date and number of minutes of Supervisory Board meeting: 12.09.2017 No. 17.

2.5. Identifiers of shares entitling holders to participate in issuer’s general shareholders’ meeting: ordinary uncertificated registered shares, issue state registration number 10101978В, international securities identification number (ISIN) RU000A0JUG31.

3. Signature

3.1. Head of Corporate Actions Support Unit

(Power of attorney No.770/2016 dated 29.12.2016 (valid until 29.12.2019))

K.I. Galushko

3.2. 12 September 2017. SEAL