Material fact notice

Convening Issuer’s General Members’ (Shareholders’) Meeting and certain resolution taken by it

15.06.2018

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. Type of general meeting (annual (ordinary), extraordinary): annual (ordinary).

2.2. Form of general meeting (meeting (joint attendance) or absentee voting): meeting (joint attendance).

2.3. Date, venue and time of general meeting, address for mailing completed voting ballots: 14.06.2018; venue: 2 (bldg. 1) Lukov pereulok, Moscow 107045, Russia; 10:00 a.m. — 11:22 a.m. Moscow time.

2.4. Quorum: Total number of votes held by voting shareholders — 27,079,709,866 (twenty-seven billion seventy-nine million seven hundred nine thousand eight hundred sixty-six) (100% of total voting rights). Number of votes participating in the meeting — 22,843,374,511 (twenty-two billion eight hundred forty-three million three hundred seventy-four thousand five hundred eleven) (84.3561% of total voting rights).

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

2.5. Agenda of issuer’s general members’ (shareholders’) meeting:

  1. Approval of the Bank’s 2017 annual report.
  2. Approval of the Bank’s annual accounting (financial) statements for 2017. Election of the Supervisory Board.
  3. Distribution of the Bank’s income for 2017, including payment (declaration) of dividends.
  4. Approval of the Bank’s auditors.
  5. Determination of the number of members of the Supervisory Board of the Bank.
  6. Election of the Supervisory Board members of the Bank.
  7. Determination of the amounts of remuneration and reimbursement of expenses for the Bank’s Supervisory Board members.
  8. Election of the Audit Panel members of the Bank.
  9. Approval of amendments and additions to the Bank’s Charter.
  10. Approval of the Regulation on the General Shareholders’ Meeting of the Bank.
  11. Approval of the Regulation on the Supervisory Board of the Bank.
  12. Approval of the Regulation on the Management Board and Chairman of the Management Board of the Bank.
  13. Approval of the Regulation on the Audit Panel of the Bank.
  14. Approval of the Regulation on Remunerations and Compensations Payable to Members of the Supervisory Board of the Bank.

2.6.
Vote count for the first item of agenda:

Approval of the Bank’s 2017 annual report.

  • «FOR» — 22,843,374,011 or 99.999998% of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 0 or 0.000000% of votes.

Resolution:

To approve the Bank’s 2017 annual report as per annex 1 hereto.

Resolution was passed, «FOR» — 99.999998% of votes.

Vote count for the second item of agenda:

Approval of the Bank’s annual accounting (financial) statements for 2017.

  • «FOR» — 22,843,374,011 or 99.999998% of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 0 or 0.000000% of votes.

Resolution:

To approve the Bank’s annual accounting (financial) statements for 2017 as per annex 2 hereto.

Resolution was passed, «FOR» — 99.999998% of votes.

Vote count for the third item of agenda:

Distribution of the Bank’s income for 2017, including payment (declaration) of dividends.

  • FOR" — 22,843,373,851 or 99.9999971% of votes;
  • «AGAINST» — 60 or 0.0000003% of votes;
  • «Abstained» — 100 or 0.0000004% of votes.

Resolution:

Not to pay (not to declare) to the Bank’s shareholders any dividends for 2017.

To approve the income for 2017 in the amount of 10,699,860,248.92 (ten billion six hundred ninety nine million eight hundred sixty thousand two hundred forty eight and 92/100) roubles to be left at the Bank’s disposal.

Resolution was passed, «FOR» — 99.9999971% of votes.

Vote count for the fourth item of agenda:

Approval of the Bank’s auditors.

  • «FOR» — 22,831,903,851 or 99.949785% of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 11,470,160 or 0.050212% of votes.

Resolution:

To approve:

  • JSC «Audit-Consulting Group «Business Systems Development (RBS)» for the audit of the Bank’s financial and economic performance for financial year ending 31 December 2018, and interim review for 9 months of 2018, in accordance with the Russian Accounting Standards;
  • JSC «KPMG» for the audit of the Bank’s financial and economic performance for financial year ending 31 December 2018, and interim reviews for 6 and 9 months of 2018, and 1Q2019 in accordance with the International Financial Reporting Standards.

Resolution was passed, «FOR» — 99.949785% of votes.

Vote count for the fifth item of agenda:

Determination of the number of members of the Supervisory Board of the Bank.

  • «FOR» — 22,843,373,851 or 99.9999971% of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 60 or 0.0000003% of votes.

Resolution:

To determine that the number of the Supervisory Board members be ten.

Resolution was passed, «FOR» — 99.9999971% of votes.

Vote count for the sixth item of agenda:

Election of the Supervisory Board members of the Bank.

For the item of agenda cumulative voting has been implemented.

Number of «FOR» votes for each of the following candidates:

  1. Roman I. Avdeev 18,710,401,003 votes;
  2. Andrew Sergio Gazitua (Independent) 18,396,616,305 votes;
  3. Thomas Gunther Grasse 29,204,942,314 votes;
  4. Lord Daresbury (Peter) (Independent) 18,908,244,637 votes;
  5. Andreas Klingen (Independent) 18,396,616,305 votes;
  6. Sergei Yu. Menzhinskiy 50,804,322,484 votes;
  7. William Forrester Owens (Independent) 18,396,108,814 votes;
  8. Ilkka Seppo Salonen (Independent) 18,551,965,638 votes;
  9. Alexey A. Stepanenko 18,354,121,004 votes;
  10. Vladimir A. Chubar 18,710,400,004 votes.
  • «AGAINST» — 0 votes;
  • «Abstained» — 1600 votes.

Resolution:

To elect the following members of the Supervisory Board:

  1. Roman I. Avdeev;
  2. Andrew Sergio Gazitua (Independent);
  3. Thomas Gunther Grasse;
  4. Lord Daresbury (Peter) (Independent);
  5. Andreas Klingen (Independent);
  6. Sergei Yu. Menzhinskiy;
  7. William Forrester Owens (Independent);
  8. Ilkka Seppo Salonen (Independent);
  9. Alexey A. Stepanenko;
  10. Vladimir A. Chubar.

Resolution was passed

Vote count for the seventh item of agenda:

Determination of the amounts of remuneration and reimbursement of expenses for the Bank’s Supervisory Board members.

  • «FOR» — 22,793,674,583 or 99.7824318% of votes;
  • «AGAINST» — 49,699,328 or 0.2175656% of votes;
  • «Abstained» — 100 or 0.0000004% of votes.

Resolution:

  • To approve the payment of remuneration to Supervisory Board members from their election date up to the next annual General Shareholders’ Meeting in 2019 for their service in such capacity in the total amount of up to 1,542,860 (One million five hundred forty two thousand eight hundred sixty) US dollars (before personal income tax) in accordance with the Regulation on Remunerations and Compensations Payable to CREDIT BANK OF MOSCOW’s Supervisory Board Members.
  • To approve the payment of up to 180,000 (one hundred eighty thousand) US dollars to the insurance company as the insurance premium under the D&O insurance agreement to be made with the Bank as policyholder.
  • To approve compensation of all reasonable expenses to be incurred in the course of and in connection with their service in such capacity in accordance with the Regulation on Remunerations and Compensations Payable to CREDIT BANK OF MOSCOW’s Supervisory Board Members.

Resolution was passed, «FOR» — 99.7824318% of votes.

Vote count for the eighth item of agenda:

Election of the Audit Panel members of the Bank.

Evgeny O. Gudkov «FOR» — 22,843,373,951 votes or 99.9999975% of votes ;

Aleksandra A. Vastyanova «FOR» — 22,843,373,951 votes or 99.9999975% of votes;

Vyacheslav Yu. Osipov «FOR» — 22,843,373,951 votes or 99.9999975% of votes;

Evgeny O. Gudkov «AGAINST» — 0 votes or 0,0000% of votes ;

Aleksandra A. Vastyanova «AGAINST» — 0 votes or 0,0000% of votes;

Vyacheslav Yu. Osipov «AGAINST» — 0 votes or 0,0000% of votes;

Evgeny O. Gudkov «ABSTAINED» — 60 votes or 0,0000% of votes ;

Aleksandra A. Vastyanova «ABSTAINED» — 60 votes or 0,0000% of votes;

Vyacheslav Yu. Osipov «ABSTAINED» — 60 votes or 0,0000% of votes;

Resolution:

To elect the following members of the Audit Panel of the Bank:

  1. Evgeny O. Gudkov;
  2. Aleksandra A. Vastyanova;
  3. Vyacheslav Yu. Osipov.

Resolution was passed.

Vote count for the ninth item of agenda:

Approval of amendments and additions to the Bank’s Charter.

  • «FOR» — 22,843,374,011 or 99.999998% of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 0 or 0.000000% of votes.

Resolution:

To approve amendments and additions to the Bank’s Charter as per annex 3 hereto and to authorise V.A. Chubar, Chairman of the Management Board, to sign amendments and additions to the Bank’s Charter and the request to the Central Bank of the Russian Federation for state registration of the amendments and additions to the Bank’s Charter.

Resolution was passed, «FOR» —99.999998% of votes.

Vote count for the tenth item of agenda:

Approval of the Regulation on the General Shareholders’ Meeting of the Bank.

  • «FOR» — 22,793,028,411 or 99.779603 % of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 50,345,600 or 0.220394 % of votes.

Resolution:

To approve the Regulation on the General Shareholders’ Meeting of the Bank as per annex 4 hereto.

Resolution was passed, «FOR» —99.779603% of votes.

Vote count for the eleventh item of agenda:

Approval of the Regulation on the Supervisory Board of the Bank.

  • «FOR» — 22,793,028,411 or 99.779603 % of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 50,345,600 or 0.220394 % of votes.

Resolution:

To approve the Regulation on the Supervisory Board of the Bank as per annex 5 hereto.

Resolution was passed, «FOR» —99.779603% of votes.

Vote count for the twelfth item of agenda:

Approval of the Regulation on the Management Board and Chairman of the Management Board of the Bank.

  • «FOR» — 22,793,028,411 or 99.779603 % of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 50,345,600 or 0.220394 % of votes.

Resolution:

To approve the Regulation on the Management Board and Chairman of the Management Board of the Bank as per annex 6 hereto.

Resolution was passed, «FOR» —99.779603% of votes.

Vote count for the thirteenth item of agenda:

Approval of the Regulation on the Audit Panel of the Bank.

  • «FOR» — 22,793,028,411 or 99.779603 % of votes;
  • «AGAINST» — 0 or 0.000000% of votes;
  • «Abstained» — 50,345,600 or 0.220394 % of votes.

Resolution:

To approve the Regulation on the Audit Panel of the Bank as per annex 7 hereto.

Resolution was passed, «FOR» —99.779603% of votes.

Vote count for the fourteenth item of agenda:

Approval of the Regulation on Remunerations and Compensations Payable to Members of the Supervisory Board of the Bank.

  • «FOR» — 22,743,329,043 or 99.562037% of votes;
  • «AGAINST» — 49,699,268 or 0.217565% of votes;
  • «Abstained» — 50,345,600 or 0.220394 % of votes.

Resolution:

To approve the Regulation on Remunerations and Compensations Payable to Members of the Supervisory Board of the Bank as per annex 8 hereto.

Resolution was passed, «FOR» —99.562037% of votes.

2.7. Date and number of minutes of Supervisory Board meeting: 14.06.2018 No. 01.

2.8. 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. Date: 14 June 2018 SEAL