Holding the annual General Meeting of Shareholders and its Resolutions

12 November
Holding the annual 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):

Annual.

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

Meeting (joint presence of shareholders with preliminary forwarding voting ballots before the annual general meeting).

2.3. Date and place of the holding the general meeting of shareholders:

June 30, 2016, opening at 12.00 pm Moscow time, closing at 12:55 pm Moscow time.

Location: 7/4 Luchnikov pereulok, building 1, Moscow.

2.4. Quorum of General Meeting of Shareholders:

The number of votes held by shareholders taking part in the general meeting is 22,385,836 votes, or 94.2613% of total number of voting shares of Vozrozhdenie Bank.

2.5. Agenda of the General Meeting of Shareholders of the Issuer:

  1. Adoption of the annual report and annual financial statements for 2015.
  2. Profit and loss distribution (including dividend payment) based on the results of 2015.
  3. Election of the Board of Directors of Vozrozhdenie Bank.
  4. Election of the Audit Commission of Vozrozhdenie Bank.
  5. Appointment of the Auditor of Vozrozhdenie Bank.
  6. Adoption of Amendments № 3 to the Articles of Association of Vozrozhdenie Bank.
  7. Adoption of Amendments № 1 to the Regulations on the Executive Bodies of Vozrozhdenie Bank.
  8. Adoption of a new edition of the Regulations on Remunerations and Compensations to the Members of the Board of Directors of Vozrozhdenie Bank.
  9. Approval of transactions between Vozrozhdenie Bank and interested parties, which may be executed on standard terms and conditions in the period until the next annual General Meeting of Shareholders in the ordinary course of business of the Bank.
  10. Payment of remuneration to the members of the Board of Directors of Vozrozhdenie Bank.

2.6. 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. Adoption of the annual report and annual financial statements for 2015.

Voting results: “For” — 22,381,491 (99.9806%), “Against” — 48 (0.0002%), “Abstain” — 1 (0.0000%).

Item 2. Profit and loss distribution (including dividend payment) based on the results of 2015.

Voting results: “For” — 22,379,271 (99.9707%), “Against” — 2,244 (0.0100%), “Abstain” — 5 (0.0000%).

Item 3. Election of the Board of Directors of Vozrozhdenie Bank.

Cumulative voting results (Number of votes “For” for each the nominated candidate):

1. Alexey Ananiev

21,955,451

2. Dmitry Ananiev

21,948,739

3. Konstantin Basmanov

21,944,072

4. Basunia Tamjid Hossain

21,937,584

5. Andrey Zhupanov

21,938,748

6. Dmitry Lavreniev

21,939,228

7. Otar Margania

21,938,730

8. Nikolay Orlov

20,301,205

9. Victor Pichugov

28,701,749

10. Vladislav Khokhlov

21,957,521

11. Dmitry Chekalkin

21,938,747

12. Mukhadin Eskindarov

21,941,346

Against all candidates

0

Abstained on all candidates

25,920

Item 4. Election of the Audit Commission of Vozrozhdenie Bank.

Tatiana Borisova

Voting results: “For” — 18,337,479 (99.9133%), “Against” — 0 (0.0000%), “Abstain” — 50 (0.0003%).

Andrey Volynkin

Voting results: “For” — 18,337,067 (99.9111%), “Against” — 400 (0.0022%), “Abstain” — 50 (0.0003%).

Irina Golubeva

Voting results: “For” — 18,337,506 (99.9135%), “Against” — 1 (0.0000%), “Abstain” — 50 (0.0003%).

Alexey Kargachev

Voting results: “For” — 18,337,066 (99.9111%), “Against” — 1 (0.0000%), “Abstain” — 450 (0.0025%).

Item 5. Appointment of the Auditor of Vozrozhdenie Bank.

Voting results: “For” — 22,380,766 (99.9774%), “Against” — 13 (0.0001%), “Abstain” — 25 (0.0001%).

Item 6. Adoption of Amendments № 3 to the Articles of Association of Vozrozhdenie Bank.

Voting results: “For” — 22,379,174 (99.9702%), “Against” — 0 (0.0000%), “Abstain” — 2,590 (0.0116%).

Item 7. Adoption of Amendments № 1 to the Regulations on the Executive Bodies of Vozrozhdenie Bank.

Voting results: “For” — 22,379,174, “Against” — 0 (0.0000%), “Abstain” — 2,590 (0.0116%).

Item 8. Adoption of a new edition of the Regulations on Remunerations and Compensations to the Members of the Board of Directors of Vozrozhdenie Bank.

Voting results: “For” — 22,378,282 (99.9663%), “Against” — 401 (0.0018%), “Abstain” — 3,081 (0.0138%).

Item 9. Approval of transactions between Vozrozhdenie Bank and interested parties, which may be executed on standard terms and conditions in the period until the next annual General Meeting of Shareholders in the ordinary course of business of the Bank.

Voting results: “For” — 5,224,768 (79.2114%), “Against” — 402 (0.0061%), “Abstain” — 3.881 (0.0588%).

Item 10. Payment of remuneration to the members of the Board of Directors of Vozrozhdenie Bank.

Voting results: “For” — 20,704,152 (92.4877%), “Against” — 15,877 (0.0709%), “Abstain” — 1,662,883 (7.4283%).

Resolutions made by the General Meeting of Shareholders:

On the first agenda item:

1.1. To adopt the annual report of Vozrozhdenie Bank for 2015.

1.2. To adopt the annual financial statements of Vozrozhdenie Bank for 2015.

On the second agenda item:

2. To use a part of retained profit earned in previous years to cover RUB 4,701,183,962.76 of loss for 2015. Not to pay dividends on shares of Vozrozhdenie Bank for 2015.

On the third agenda item:

3. To elect the Board of Directors of Vozrozhdenie Bank in the number of 12 members from among the proposed nominees:

  • Alexey Ananiev
  • Dmitry Ananiev
  • Konstantin Basmanov
  • Basunia Tamjid Hossain
  • Andrey Zhupanov
  • Dmitry Lavreniev
  • Otar Margania
  • Nikolay Orlov
  • Victor Pichugov
  • Vladislav Khokhlov
  • Dmitry Chekalkin
  • Mukhadin Eskindarov

On the fourth agenda item:

4. To elect the following members to the Audit Commission of Vozrozhdenie Bank:

  • Tatiana Borisova
  • Andrey Volynkin
  • Irina Golubeva
  • Alexey Kargachev

On the fifth agenda item:

5. To appoint PriceWaterhouseCoopers Audit Closed Joint Stock Company as the auditor of Vozrozhdenie Bank.

On the sixth agenda item:

6. To adopt the Amendments № 3 to the Articles of Association of Vozrozhdenie Bank.

On the seventh agenda item:

7. To adopt the Amendments № 1 to the Regulations on the Executive Bodies of Vozrozhdenie Bank.

On the eighth agenda item:

8. To adopt a new edition of the Regulations on Remunerations and Compensations to the Members of the Board of Directors of Vozrozhdenie Bank.

On the ninth agenda item:

9.1. To approve transactions between Vozrozhdenie Bank and interested parties mentioned in the Appendix to this decision, as well as their spouses, parents, children, siblings and half-siblings, adoptive parents and children and (or) their affiliated persons, which may be executed in the future in the ordinary course of business of the Bank, including banking transactions, deals prescribed by the Federal Law “On Banks and Banking Activity”, as well as deals conducted by Vozrozhdenie Bank within its activity in the securities market, in the period until the next annual General Meeting of Shareholders summarising results of 2016, in amount not exceeding RUB 20,000,000,000. Deals between Vozrozhdenie Bank and interested parties shall be executed on standard (market) terms and conditions in accordance with requirements of the legislation of the Russian Federation and current contractual obligations of Vozrozhdenie Bank.

9.2. To approve transactions between Vozrozhdenie Bank and Promsvyazbank Public Joint-Stock Company which may be executed in the future in the ordinary course of business of the Bank, including banking transactions, deals prescribed by the Federal Law “On Banks and Banking Activity”, as well as deals conducted by Vozrozhdenie Bank within its activity in the securities market, in the period until the next annual General Meeting of Shareholders summarising results of 2016, in amount not exceeding 25% of book value of assets of Vozrozhdenie Bank determined on the basis of its accounting statements as of the last reporting date, on each interested-party transaction.

On the tenth agenda item:

10.1. To pay remuneration to members of the Board of Directors / Chairmen of the Committees of the Board of Directors elected at the annual General Meeting of Shareholders of Vozrozhdenie Bank on June 01, 2015:

  • to Igor Lozhevskiy (Chairman of the Strategy Committee of the Board of Directors) in amount of RUB 1,000,000 (one million rubles);
  • to Yury Osipov (Chairman of the Audit Committee of the Board of Directors) in amount of RUB 1,000,000 (one million rubles);
  • to Mukhadin Eskindarov (Chairman of the Human resources and compensation Committee of the Board of Directors) in amount of RUB 1,000,000 (one million rubles);
  • to Leonid Makarevich (member of the Audit Committee of the Board of Directors) in amount of RUB 600,000 (six hundred thousand rubles);
  • to Nikita Mikhalkov in amount of RUB 600,000 (six hundred thousand rubles);
  • to the Chairman of the Board of Directors, Executive Directors (members and Chairman of the Management Board) and other members of the Board of Directors shall not receive remuneration.

10.2. To pay remuneration to Mukhadin Eskindarov, a member of the Board of Directors / Chairman of the Human resources and compensation Committee of the Board of Directors elected at the extraordinary General Meeting of Shareholders of Vozrozhdenie Bank on November 27, 2015, in amount of RUB 5,250,000 (five million two hundred fifty thousand rubles).

10.3. To reimburse members of the Board of Directors for their documented expenses related to visits to the office of Vozrozhdenie Bank for participation in the Board meetings.

10.4. To pay remunerations till July 15, 2016.

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

Minutes № 1 dated June 30, 2016.

Decisions taken by Vozrozhdenie Bank General Meeting of Shareholders as well as voting results for items on the agenda were announced at the General Meeting of Shareholders.

Identification criteria of shares, which holders have the right to participate in the general meeting of shareholders: ordinary non-documentary certified shares, state registration number of the issue 10101439B, date of state registration April 12, 1991, international code (number) ISIN RU 0009084214.

3. Signature

3.1. Chairman of the Management Board
Vozrozhdenie Bank



(signature)

Konstantin Basmanov

3.2. June 30, 2016

Seal