Notification on change of the issuer’s ratings by a rating agency

1.2. Abbreviated corporate name of the issuer

V.Bank

1.4. State Registration number of the Issuer:

1027700540680

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

1439

2.1. Object of rating action:

Vozrozhdenie Bank (the Issuer)

2.2. Type of the ratings changed with respect to the object of rating action:

Financial strength;

Bank deposits in local currency;

Bank deposits in foreign currency;

Long-term debt.

2.3. In case if the object of the rating action is the Issuer’s issuable securities — type, category, series etc.:

Not applicable.

2.4. In case of change of rating — the rating level before and after the rating action:

Financial strength rating was downgraded to E+ from D- (stable outlook);

Rating of bank deposits in local currency was downgraded to B1/NP from Ba3/NP (stable outlook);

Rating of bank deposits in foreign currency was downgraded to B1/NP from Ba3/NP (stable outlook);

Long-term debt rating was downgraded to A1.ru from Aa3.ru (stable outlook).

2.5. Date of the rating action: February 25, 2015.

2.6. Internet website where the information on ratings methodology is published: www.moodys.com.

2.7. Full and abbreviated corporate names and location of the rating agency:

With respect to the following ratings: Financial strength, Bank deposits in local currency, Bank deposits in foreign currency:

Full name: Moody’s Investor’s Service Ltd;

Abbreviated name: Moody’s;

Location: One Canada Square Canary Wharf, London, E14 5FA.

With respect to the following ratings: Long-term debt:

Full name: Moody’s Interfax Rating Agency;

Abbreviated name: Moody’s Interfax Rating Agency;

Location: 2, 1 Tverskaya-Yamskaya Street, Moscow, 103006.

3.2. February 26, 2015

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