Material fact notice

On Certain Resolutions Taken by the Issuer’s Supervisory Board

20.04.2018

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:

Quorum: 10 out of the 10 Supervisory Board members cast their votes: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 Gunther Grasse, Lord Daresbury (Peter), 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 Gunther Grasse, Lord Daresbury (Peter), 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:

Determination of the amount of fees of the auditor of CREDIT BANK OF MOSCOW.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 Stock Market Professional Participant Comptroller’s report for 1Q2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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:

Approval of the Internal Audit Division’s report for 1Q2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 Internal Audit Division’s plan of work for 2H2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 Internal Audit Division’s performance appraisal report based on the motivation chart of Balanced Scorecard and of bonuses for IAD’s Director and staff for 2017.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 budget of Internal Audit Division for 2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 Operational Risk Management Report for January — February 2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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:

Approval of the Compliance Risk Management Report for January — February 2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 key criteria on assessment of ability of the Bank to be accountable under its liabilities and approval of the liquidity stress test results based on these criteria.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 Risk Management Report for 2017.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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:

Approval of the Bank’s Risk Management Policy.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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:

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, Lord Daresbury (Peter), 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 fifteenth item of agenda:

Approval of the Remuneration Policy of the Bank.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 sixteenth item of agenda:

Approval of KPI list and bonus plan for the Management Board of the Bank for 2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 seventeenth item of agenda:

Approval of evaluation results of the Supervisory Board.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 eighteenth item of agenda:

Approval of the Report on Performing Supervisory Board Requests as of April 2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 nineteenth item of agenda:

Approval of evaluation and remuneration of the Corporate Secretary.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 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, Lord Daresbury (Peter), 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 twenty first item of agenda:

Approval of the Budget for 2018.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 twenty second item of agenda:

Determination of the date of the next Supervisory Board meeting.
«FOR» — 10 (ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Gunther Grasse, Lord Daresbury (Peter), 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 of 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 take decisions as recommended by the Audit and Risk Committee meeting of April 16, 2018 as per minutes No.05 of that Committee.

Resolution on the third item of agenda:

To determine that the amount of fees of Joint Stock Company «KPMG», auditor of the CREDIT BANK OF MOSCOW’s financial and economic performance in 1Q2018 in accordance with the International Financial Reporting Standards, is not to exceed 3,250,000 (three million two hundred fifty thousand) roubles (excludes VAT and out-of-pocket expenses).

Resolution on the fourth item of agenda:

To approve Stock Market Professional Participant Comptroller’s report for 1Q2018 as per annex 1 hereto.

Resolution on the fifth item of agenda:

To approve the Internal Audit Division’s report for 1Q2018 as per annex 2 hereto.

Resolution on the sixth item of agenda:

To approve the Internal Audit Division’s plan of work for 2H2018 as per annex 3 hereto.

Resolution on the seventh item of agenda:

To approve the Internal Audit Division’s performance appraisal report based on the motivation chart of Balanced Scorecard as per annex 4 hereto and approve bonuses for its Director and staff for 2017 as per annex 5 hereto.

Resolution on the seventh item of agenda:

To approve the Internal Audit Division’s performance appraisal report based on the motivation chart of Balanced Scorecard as per annex 4 hereto and approve bonuses for its Director and staff for 2017 as per annex 5 hereto.

Resolution on the eighth item of agenda:

To approve the budget of Internal Audit Division for 2018 as per annex 6 hereto taken into account recommendations of the Audit and Risk Committee meeting of April 16, 2018 (minutes No.05).

Resolution on the ninth item of agenda:

To approve the Operational Risk Management Report for January — February 2018 as per annex 7 hereto.

Resolution on the tenth item of agenda:

To approve the Compliance Risk Management Report for January — February 2018 as per annex 8 hereto.

Resolution on the eleventh item of agenda:

To approve key criteria on assessment of ability of the Bank to be accountable under its liabilities and the liquidity stress test results based on these criteria as per annex 9 hereto.

Resolution on the twelfth item of agenda:

To approve the Risk Management Report for 2017 as per annex 10 hereto.

Resolution on the thirteenth item of agenda:

To approve CREDIT BANK OF MOSCOW’s Risk Management Policy as per annex 11 hereto.

Resolution on the fourteenth item of agenda:

To take note of the Compensation, Corporate Governance and Nominations Committee’s report and take decisions as recommended by the Compensation, Corporate Governance and Nominations Committee meeting of April 17, 2018 according to minutes No.03 of that Committee.

Resolution on the fifteenth item of agenda:

To approve the Remuneration policy of CREDIT BANK OF MOSCOW (public joint-stock company) as per annex 12 hereto.

Resolution on the sixteenth item of agenda:

To approve KPI list and bonus plan for the Management Board of the Bank for 2018 as per annex 13 hereto taken into account recommendations of the Compensation, Corporate Governance and Nominations Committee meeting of April 17, 2018 (minutes No.03).

Resolution on the seventeenth item of agenda:

To approve evaluation results of the Supervisory Board as per annex 14 hereto.

Resolution on the eighteenth item of agenda:

To approve the Report on Performing Supervisory Board Requests as of April 2018 as per annex 15 hereto.

Resolution on the nineteenth item of agenda:

To approve evaluation results of the Corporate Secretary and to set remuneration for 2017 in the amount of 40% of the annual salary as per annex 16 hereto.

Resolution on the twentieth item of agenda:

To take note of the Strategy and Capital Markets Committee’s report and take decisions as recommended by the Strategy and Capital Markets Committee meeting of April 17, 2018 as per minutes No.02 of that Committee.

Resolution on the twenty first item of agenda:

To approve the Budget for 2018 as per annex 17 hereto.

Resolution on the twenty second item of agenda:

To determine the date of the next Supervisory Board meeting as September 18, 2018.


2.3. Date of Supervisory Board meeting: 17.04.2018.

2.4. Date and number of minutes of Supervisory Board meeting: 20.04.2018 No. 11.

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: 20 April 2018 SEAL