Material fact notice

On Certain Resolutions Taken by Issuer’s Supervisory Board

15.01.2018

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 resolution made:

Quorum: 10 out of the 10 Supervisory Board members cast their votes: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther Grasse, Lord Peter Daresbury, Andreas Klingen, Sergey Yu. Menzhinsky, William Forrester Owens, Ilkka Seppo Salonen, Alexey A. Stepanenko, 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 item of agenda:

Approval of changes in the Management Board.

“FOR” – 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther Grasse, Lord Peter Daresbury, Andreas Klingen, Sergey Yu. Menzhinsky, William Forrester Owens, Ilkka Seppo Salonen, Alexey A. Stepanenko, Vladimir A. Chubar.

"AGAINST" – 0 (zero) votes;

"ABSTAINED" – 0 (zero) votes.

The resolution was passed.

2.2. Resolutions:

Resolution on the item of agenda:

1. According to subcl. 13.2.9 of the Bank’s Charter, to terminate Yury A. Ubeev’s appointment as member of the Management Board and Senior Vice President on 12 January 2018 (last day in office) and to pay him a severance payment as per the annex.

2. As Andrey A. Kryukov is to be transferred to the position of Senior Vice President of the Bank, according to cl. 13.2.9 and 13.2.10 of the Bank’s Charter, to terminate his appointment as Deputy Chairman of the Management Board and member of the Management Board on 12 January 2018.

3. To authorise Vladimir A. Chubar, Chairman of the Management Board, to sign the documents required to notify the Bank of Russia thereof.

2.3. Date of Supervisory Board meeting: 12.01.2018.

2.4. Date and number of minutes of Supervisory Board meeting: 12.01.2018 No. 01.

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. Date: 12 January 2018. SEAL