Material fact notice

Certain Resolutions Taken by Issuer’s Supervisory Board

16.02.2018

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 resolutions 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 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 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.

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 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.

Vote count for the third item of agenda:

Approval of the Internal Audit Division’s report for 2H2017.

«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.

Vote count for the fourth item of agenda:

Approval of the Internal Audit Division’s budget for 2018.

«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.

Vote count for the fifth item of agenda:

Review of the Report on Implementation of the AML/CFT Regulations in 2017 and the Measures Recommended for Improvement of the AML/CFT System.

«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.

Vote count for the sixth item of agenda:

Approval of the Operational Risk Management Report for November-December 2017.

«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.

Vote count for the seventh item of agenda:

Approval of the Compliance Risk Management Report for November-December 2017.

«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.

Vote count for the eighth 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 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.

Vote count for the ninth item of agenda:

Approval of the preliminary Risk Management Report for 2017.

«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.

Vote count for the tenth 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 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.

Vote count for the eleventh item of agenda:

Approval of a Management Board member’s remuneration.

«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.

Vote count for the twelfth item of agenda:

Approval of the Bank’s bylaws.

«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.

Vote count for the thirteenth 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 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.

Vote count for the fourteenth 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 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 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. 01 dated 12.02.2018.

Resolution on the third item of agenda:

To approve the Internal Audit Division’s report for 2H2017 as per annex 1.

Resolution on the fourth item of agenda:

To approve the Internal Audit Division’s budget for 2018. To request the Director of the Internal Audit Division to update the budget for the next in-person Supervisory Board meeting as recommended by the Audit and Risk Committee and in PwC’s report on external appraisal of the Internal Audit Division.

Resolution on the fifth item of agenda:

5.1. To take note of the Compliance Officer’s Report on implementation of the AML/CFT regulations in 2017 and the measures recommended for improvement of the AML/CFT system as per annex 3;

5.2. To approve the set of measures to improve the AML/CFT system.

Resolution on the sixth item of agenda:

To approve the Operational Risk Management Report for November-December 2017 as per annex 4.

Resolution on the seventh item of agenda:

To approve the Compliance Risk Management Report for November-December 2017 as per annex 5.

Resolution on the eighth item of agenda:

To approve the Bank's main solvency criteria and the results of liquidity stress testing based on them as per annex 6.

Resolution on the ninth item of agenda:

To approve the preliminary Risk Management Report for 2017 as per annex 7.

Resolution on the tenth 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. 01 dated 13.02.2018.

Resolution on the eleventh item of agenda:

As Dmitry A. Eremin resigns as member of the Management Board and First Deputy Chairman of the Management Board, to approve his severance payment as per annex 8.

Resolution on the twelfth item of agenda:

12.1. To review the Bank’s revised Remuneration Policy at the Supervisory Board’s in-person meeting in April;

12.2. To leave other payroll system bylaws unchanged (as part of the annual revision required by the Bank of Russia’s Instruction No. 154-I) absent any changes in payroll-related conditions of the Bank’s activities.

Resolution on the thirteenth 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. 01 dated 13.02.2018.

Resolution on the fourteenth item of agenda:

To approve 17 April 2018 as the date of the next in-person meeting of the Supervisory Board.

2.3. Date of Supervisory Board meeting: 13.02.2018.

2.4. Date and number of minutes of Supervisory Board meeting: 16.02.2018 No. 05.

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: 16 February 2018. SEAL