Material fact notice

Certain Resolutions Taken by Issuer’s Supervisory Board

12.12.2018

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

1.8. Date of occurrence of the event (material fact) about which the message is made (if applicable)

12.12.2018

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 Daresbury (Peter), Andreas Klingen, Sergey Yu. Menzhinsky, William Forrester Owens, Ilkka Seppo Salonen, Alexey A. Stepanenko, and Vladimir A. Chubar.

The Supervisory Board meeting was quorate and deemed legally valid.

Vote count for the first item of agenda:

Review of a report of the Chairman of the Management Board of the Bank.

“FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 prevailing “sentiments” and expected trends in the international markets.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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:

Review of the Audit and Risk Committee’s report.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 the Internal Audit Department's report for 3Q2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 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 Günther 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 Operational Risk Management Report for August – October 2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 Compliance Risk Management Report for August – October 2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 Risk Management Report for 9M2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 Report on the Bank's risk management quality for 3Q2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 Report on the Banking Group’s risk management quality for 3Q2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 the Report on the Bank's mandatory ratios and capital for 3Q2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 Report on the Banking Group’s mandatory ratios and capital for 3Q2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 Regulation on the Audit and Risk Committee.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 Günther 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 Supervisory Board’s plan of work for 2019.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 the Report on Performing Supervisory Board Requests as of December 2018.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 the Regulation on the Compensation, Corporate Governance and Nominations Committee.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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:

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 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 transactions.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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:

Determination of the date of the next Supervisory Board meeting.

 “FOR” – 10 (Ten) votes, including: Roman I. Avdeev, Andrew Sergio Gazitua, Thomas Günther 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 taken by the issuer’s Supervisory Board:

Resolution on the first item of agenda:

  To take note of a report of the Chairman of the Management Board of the Bank.

Resolution on the second 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 third 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 December 10, 2018 as per minutes No.21 of that Committee.

Resolution on the fourth item of agenda:

  To approve the Internal Audit Department's report for 3Q2018 as per annex 1 hereto.

Resolution on the fifth 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 2 hereto.

Resolution on the sixth item of agenda:

To approve the Operational Risk Management Report for August – October 2018 as per annex 3 hereto.

Resolution on the seventh item of agenda:

To approve the Compliance Risk Management Report for August – October 2018 as per annex 4 hereto.

Resolution on the eighth item of agenda:

To approve the Risk Management Report for 9M2018 as per annex 5 hereto.

Resolution on the ninth item of agenda:

To approve the Report on the Bank's risk management quality for 3Q2018 as per annex 6 hereto.

Resolution on the tenth item of agenda:

To approve the Report on the Banking Group’s risk management quality for 3Q2018 as per annex 7 hereto.

Resolution on the eleventh item of agenda:

To approve the Report on the Bank's mandatory ratios and capital for 3Q2018 as per annex 8 hereto.

Resolution on the twelfth item of agenda:

To approve the Report on the Banking Group’s mandatory ratios and capital for 3Q2018 as per annex 9 hereto.

Resolution on the thirteenth item of agenda:

To approve the updated Regulation on the Audit and Risk Committee as per annex 10 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 December 11, 2018 according to minutes No.08 of that Committee.

Resolution on the fifteenth item of agenda:

To approve the Supervisory Board’s plan of work for 2019 as per annex 11 hereto.

Resolution on the sixteenth item of agenda:

To approve the Report on Performing Supervisory Board Requests as of December 2018 as per annex 12 hereto.

Resolution on the seventeenth item of agenda:

To approve the updated Regulation on the Compensation, Corporate Governance and Nominations Committee as per annex 13 hereto.

Resolution on the eighteenth 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 December 11, 2018 as per minutes No.05 of that Committee.

Resolution on the nineteenth item of agenda:

To approve transactions.

Resolution on the twentieth item of agenda:

To determine the date of the next Supervisory Board meeting as February 12, 2019.

2.3. Date of Supervisory Board meeting: 11.12.2018.

2.4. Date and number of minutes of Supervisory Board meeting: 12.12.2018 № 29.

3. Signature

3.1. Acting Director of Banking Legal Support Department (Power of attorney No.770/2016 dated 29.12.2016 (valid until 29.12.2019))

K.I. Galushko

3.2. 12 December 2018 SEAL