Material fact notice

Certain Resolutions Taken by Issuer’s Supervisory Board

23.10.2017

1. General Information

1.1. Issuer’s full corporate name (name for NGO)

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 Announcement

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:

Appraisal of Supervisory Board nominees and their qualification as independent directors.

“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:

Approval of the list of Supervisory Board nominees for election at 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 third item of agenda:

Approval of the draft resolutions for the agenda items of, and the form and wording of the voting ballot for, 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 fourth item of agenda:

Approval of the list of information (materials) deliverable to shareholders in contemplation 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 fifth item of agenda:

Approval of the updated Regulation on Internal Audit Division.

“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 updated Regulation on Organising Internal Control System.

“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 updated Regulation on Monitoring of Internal Control System.

“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 updated Guide for Planning Internal Audits.

“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 Internal Auditors Code of Professional Ethics.

“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 Internal Audit Division's updated plan of work for 2H2017.

“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:

1.1. Based on information provided by the nominees to the Supervisory Board of the Bank (the “nominees”), to declare that Roman Ivanovich Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Peter Gilbert Daresbury, Andreas Klingen, Sergey Yuryevich Menzhinsky, William Forrester Owens, Ilkka Seppo Salonen, Alexey Anatolyevich Stepanenko and Vladimir Alexandrovich Chubar have requisite knowledge, experience and qualification for election to the Supervisory Board, have no conflict of interest, and their business reputations are eligible for election to the Supervisory Board.

1.2. To recommend the Supervisory Board to declare the following Supervisory Board nominees qualifying under independent director criteria set out by the Bank’s Charter and Corporate Governance Code and the Moscow Exchange’s Listing Rules:

– Andrew Sergio Gazitua;

– Lord Peter Gilbert Daresbury;

– Andreas Klingen;

– William Forrester Owens;

– Ilkka Seppo Salonen.

Resolution on the second item of agenda:

To approve the list of Supervisory Board nominees for election at the extraordinary General Shareholders’ Meeting:

1. Roman I. Avdeev;

2. Andrew Sergio Gazitua (independent);

3. Thomas Günther Grasse;

4. Lord Peter Gilbert Daresbury (independent);

5. Klingen Andreas (independent);

6. Sergey Yu. Menzhinsky;

7. William Forrester Owens (independent);

8. Ilkka Seppo Salonen (independent);

9. Alexey A. Stepanenko;

10. Vladimir A. Chubar.

Resolution on the third item of agenda:

3.1. To approve the draft resolutions for the agenda items of, and the form and wording of the voting ballot for, the extraordinary General Shareholders’ Meeting to be held on 15 November 2017 as per annexes 1 and 2 respectively.

3.2. To send voting ballots to the Bank’s shareholders at least 20 days before the date of the extraordinary General Shareholders’ Meeting scheduled for 15 November 2017.

Resolution on the fourth item of agenda:

To approve the following List of information (materials) deliverable to shareholders in contemplation of the extraordinary General Shareholders’ Meeting to be held on 15 November 2017:

– draft resolutions of the extraordinary General Shareholders’ Meeting as per annex 1;

– Supervisory Board members’ position in respect of the items of agenda of the extraordinary General Shareholders’ Meeting as per annex 3;

– information about the nominees for election to the Supervisory Board, including confirmation of receipt of their written consents to such election, as per annex 4.

Resolution on the fifth item of agenda:

To approve the updated Regulation on Internal Audit Division as per annex 5.

Resolution on the sixth item of agenda:

To approve the updated Regulation on Organising Internal Control System as per annex 6.

Resolution on the seventh item of agenda:

To approve the updated Regulation on Monitoring of Internal Control System as per annex 7.

Resolution on the eighth item of agenda:

To approve the updated Guide for Planning Internal Audits as per annex 8.

Resolution on the ninth item of agenda:

To approve the Internal Auditors Code of Professional Ethics as per annex 9.

Resolution on the tenth item of agenda:

To approve the Internal Audit Division's updated plan of work for 2H2017 as per annex 10.

2.3. Date of Supervisory Board meeting: 20.10.2017.

2.4. Date and number of minutes of Supervisory Board meeting: 20.10.2017 No. 22.

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 and Financial Market Transactions Support Unit (Power of attorney No.770/2016 dated 29.12.2016 (valid until 29.12.2019))

K.I. Galushko

3.2. 23 October 2017. SEAL