Holding the General Meeting of Shareholders and its Resolutions

1 September
Holding the General Meeting of Shareholders and its Resolutions

1. General Data

1.1. Full corporate name of the issuer

Vozrozhdenie Bank

1.2. Abbreviated corporate name of the issuer

V.Bank

1.3. Location of the issuer

7/4 Luchnikov pereulok, bldg. 1, Moscow, 101000, Russia

1.4. State Registration number of the Issuer:

1027700540680

1.5. Identification tax number of the issuer:

5000001042

1.6. Unique code of the issuer, assigned by the registration body:

01439-B

1.7. Internet site used by the Issuer for publishing messages:

http://www.e-disclosure.ru/portal/company.aspx?id=120
http://www.vbank.ru

2. Content of the Message


2.1. Type of the General Meeting of Shareholders (annual, extraordinary):

Extraordinary.

2.2. Form of holding the General Meeting of Shareholders (meeting (joint presence) or absentee voting):

Absentee voting.

2.3. Quorum of the General Meeting of Shareholders:

The number of votes held by shareholders taking part in the general meeting is 14,157,714 votes, or 59.6147% of the total number of voting shares of Vozrozhdenie Bank.

2.4. Agenda of the General Meeting of Shareholders of the issuer:

1. Approval of conclusion of the agreement between the bank and the Deposit Insurance Agency on monitoring activity of the bank within the framework of state recapitalisation programme.

2.5. Voting results on items of the General Meeting of Shareholders agenda on which quorum was present and wording of the decisions adopted by the General Meeting of Shareholders of the issuer of the relevant items:

Item 1. Approval of conclusion of the agreement between the bank and the Deposit Insurance Agency on monitoring activity of the bank within the framework of state recapitalisation programme.

Voting results: “For” — 13,691,898, “Against” — 2,772, “Abstain” — 780.

Resolutions made by the General Meeting of Shareholders:

On the first item of the agenda:

1. To approve conclusion of the agreement between the bank and the Deposit Insurance Agency on monitoring activity of the bank within the framework of state recapitalisation programme on the following terms:

1.1. The Agency shall perform control over the bank’s disposal of the sovereign bonds (OFZ) received from the Agency and placed into the bank’s subordinated debt as well as monitoring of other activity of the bank, pursuant to the Order and terms of placement of the assets contributed by the Russian Federation to the property of the State corporation “Deposit Insurance Agency” into subordinated debts and preferred shares of banks (adopted by the Board of Directors of the Agency on January 13, 2015, Minutes № 1, Part I) (hereinafter referred to as the Order);

1.2. The bank shall provide the Agency with reports and other information essential for performing control (monitoring) in accordance with the terms stipulated by the Agreement as well as observe the following terms:

— pursuant to the Clause 2.1.4 of the Agreement and in the frame of the Regulations on remunerations and compensations for the members of the Board of Directors of the bank, the amount of remuneration to the members of the Board of Directors shall not exceed the level reached as of January 1, 2015 during the three years following the date when the bank has received the sovereign bonds (OFZ) from the Deposit Insurance Agency or until the bank and its shareholders have discharged their obligations specified in the Clause 2.1.5 of the agreement;

— pursuant to the Clause 2.1.5 of the Agreement, during the period of maturity of the bank’s subordinated debt obtained upon the agreements on subordinated debt concluded with the Agency in accordance with the Article 3 of the Federal Law № 451-FZ “On amendments to the Article 11 of the Federal Law ‘On the insurance of deposits held by individuals with banks of the Russian Federation’ and the Article 46 of the Federal Law ‘On the Central Bank of the Russian Federation (the Bank of Russia)’” dated December 29, 2014 and the Order of the Government of the Russian Federation № 2756-r dated December 29, 2014 and basing on the Order, the bank’s equity (capital) shall be enhanced by not less than 50% of such subordinated debt via, among other options, channeling not less than 75% of the bank’s profit for an increase in the equity (capital) to deliver the growth in the tier 1 capital (calculated as per requirements of the Regulations of the Bank of Russia № 3395-P “On methods of calculating of the equity (capital) of credit institutions (‘Basel III’)” dated December 28, 2012) to reach not less than 50% of the bank’s subordinated debt.

2.6. Date and number of the Minutes of the General Meeting of Shareholders:

Minutes № 2 dated September 1, 2015.

3. Signature

3.1. Chairman of the Management Board

Vozrozhdenie Bank



(signature)

Igor Antonov

3.2. September 1, 2015

Seal