Rights on Ordinary Shares

Face value — 10 roubles

State registration number — 10101439В

Rights of shareholders

Shareholders are not liable for the bank’s obligations and carry risk of losses associated with the bank’s activity only within the value of shares owned.

Each ordinary share shall give the shareholder the right of one vote on issues of the General Meeting of Shareholders.

Each ordinary share shall give the shareholder equal rights. No conversion of ordinary shares into preference shares, bonds or other securities shall be permitted.

Shareholders which hold the ordinary non-documentary registered shares shall reserve the following rights:

  • to take part in the General Meeting of Shareholders of the bank with the right of vote on all the matters within the competence thereof;
  • to receive dividends;
  • to receive parts of property of the bank in the case of its liquidation.

Shareholders which hold voting shares are entitled to demand from the bank redemption of all or any part of shares held by them, respectively, in the following cases:

  • reorganisation of the bank or conclusion of any large transaction, which approval resolution is adopted by the General Meeting of Shareholders, if they voted against adoption of the resolution on such reorganisation or approval of the said transaction or did not take part in voting on these issues;
  • amendments and alterations to the Articles of Association of the bank (adoption by the General Meeting of Shareholders of the resolution constituting ground for amendments and alterations to the bank’s Articles of Association) or approval of the bank’s Articles of Association in a new edition limiting their rights if they voted against the relevant resolution or did not take part in voting;
  • adoption by the General Meeting of Shareholders of the resolution on submission of an application for delisting of shares in the bank and (or) issuance securities of the bank convertible into shares in it, if they voted against the relevant resolution or did not take part in voting.

Owners of all categories (types) of shares shall reserve the following rights:

  • to dispose the own shares without the consent of other shareholders and the bank;
  • to receive any information about activities of the bank, to have access to any documents of the bank, in accordance with the procedure and in the volume stipulated by the current legislation of the Russian Federation;
  • to have priority in acquisition of any shares and other securities issued by the bank, which may be converted into shares and allotted through public offering, in accordance with the procedure stipulated by the Articles of Association and the current legislation of the Russian Federation;
  • to demand to the bank for redemption of all or any part of the held shares, in the cases stipulated by the Articles of Association and the current legislation of the Russian Federation;
  • to receive monetary funds and (or) the bank’s issuance securities allotted by another legal entity based on the resolution to decrease the bank’s Authorized Capital by decreasing the par value of shares, if such resolution provides for the payment of cash to shareholders, and (or) the bank securities;
  • to elect and to be elected to the management bodies of the bank and to the Audit Commission of the bank, in accordance with the procedure set by the Articles of Association and by the current legislation of the Russian Federation;
  • to demand for convocation of the extraordinary General Meeting of Shareholders of the bank and to be entitled to add any matters to the agenda of the Annual General Meeting of Shareholders of the bank, in accordance with the Articles of Association and with the current legislation of the Russian Federation;
  • appeal against the resolution of the General Meeting of Shareholders in violation of the Russian legislation and the Articles of Association of the bank, if he/she did not take part in the General Meeting of Shareholders or voted against the resolution and that resolution violated his/her rights and (or) the legitimate interests;
  • to appeal against the resolution of the Board of Directors taken in violation of the current legislation of the Russian Federation and the Articles of Association of the bank, if the resolution violates the rights and (or) the legitimate interests of the bank or the shareholder;
  • enter into shareholders agreements concerning the rights certified by the shares, and (or) about the features of the rights to the shares;
  • to exercise any other rights, which may be set by the Articles of Association and the current legislation of the Russian Federation.