Meeting of the Board of Directors of Vozrozhdenie Bank

12 November
Meeting of the Board of Directors of Vozrozhdenie Bank

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. Quorum of the meeting of the Board of Directors was present

Voting results:

Decisions on all the items of the agenda were unanimously made by the members of the Board of Directors participated in the meeting.

2.2. Content of resolutions adopted by the bank’s Board of Directors on separate items disclosed in accordance with the norms stipulated by the applicable legislation:

On the item № 1 “Election of the Chairman of the current meeting of the Board of Directors”:

1. To elect Mr Alexey Ananiev as a Chairman of the current meeting of the Board of Directors.

On the item № 2 “Performance of the Business Plan (Budget) of Vozrozhdenie Bank for 2016”:

2. To take note of the information on main indicators of the Business Plan (Budget) of Vozrozhdenie Bank for 2016.

On the item № 3 “Approval of the Business Plan (Budget) of Vozrozhdenie Bank for 2017”:

3. To approve the main parameters of the Business Plan (Budget) of Vozrozhdenie Bank for 2017 as per the Annex № 3 to the Minutes.

On the item № 4 “Adding new items to the agenda of the current meeting of the Board of Directors of Vozrozhdenie Bank”:

4. To include additional items into the agenda of the current meeting of the Board of Directors:

“Consideration of the Report on the optimisation and centralisation of the bank’s operating model in 2016”;

“Approval of a cession deal with a party related to Vozrozhdenie Bank”;

“Increase of the credit limit on a credit organisation (non-resident bank)”;

“Increase of the credit limit on a group of companies”;

“Consideration of the updated risk report prepared according to the requirements of ICAAP ‘ICAAP monthly report (the report about risks and capital)’”;

“Approval of the Financial Stability Recovery Plan of Vozrozhdenie Bank”;

“Election of Salavat Ismagilov as a member of the Management Board of Vozrozhdenie Bank”.

On the item № 5 “Consideration of the Report on the optimisation and centralisation of the bank’s operating model in 2016”:

5. To take note of the information on the optimisation and centralisation of the bank’s operating model in 2016.

On the item № 6 “Approval of an agreement on the assignment of rights (claims) a cession deal with a party related to Vozrozhdenie Bank”:

6. To approve concluding the agreement on the assignment of rights (claims) on syndicated loans by V.Bank with a related party — Promsvyazbank, in the amount exceeding 3 percent of the Bank’s capital as of the last reporting date preceding the date of the transaction (Annex № 6 to the Minutes).

Upon the assignment agreement, Promsvyazbank transferred to V.Bank the rights (claims) under the syndicated loan agreement (including the right of claiming the repayment of the principal debt, interest payment, penalties, commissions and any other amounts to be paid under the relevant agreements with the exception of the rights to claim payment of interest accrued until the date of signing the assignment agreement that were preserved to stay on the part of Promsvyazbank.

The purchase price of the rights (claims) is defined in relation to the assignment agreement as the principal amount of the assigned rights (claims).

The other terms and conditions of the deal are arranged in accordance with the terms preliminary approved by the Management Board of Vozrozhdenie Bank (Minutes № 08-17/P dated February 22, 2017).

On the item № 7 “Increase of the credit limit on a credit organisation (non-resident bank)”:

Information on the made decision is confidential and shall not be disclosed.

On the item № 8 “Increase of the credit limit on a group of companies”:

Information on the made decision is confidential and shall not be disclosed.

On the item № 9 “Consideration of the updated risk report prepared according to the requirements of ICAAP ‘ICAAP monthly report (the report about risks and capital)’”:

9. To take note of and to approve “ICAAP monthly report (the report about risks and capital)” as at January 01, 2017.

On the item № 10 “Approval of the Financial Stability Recovery Plan of Vozrozhdenie Bank”:

10.1. To approve the Financial Stability Recovery Plan of Vozrozhdenie Bank.

10.2. To deem to have lost force the Financial Stability Plan of Vozrozhdenie Bank adopted by the Board of Directors (Minutes № 7 dated March 11, 2016)

On the item № 11 “Election of Mr Salavat Ismagilov as a member of the Management Board of Vozrozhdenie Bank”:

11.1. To elect Mr Salavat Ismagilov, Head of Risks block as a member of the Management Board of Vozrozhdenie Bank for the period of 5 years.

11.2 To authorise Mrs Oksana Vatazhitsyna, Deputy Director of HR Department to sign the relevant notification and all the other necessary documents to be submitted to the Main Department of the Central Bank of the Russian Federation for the Central Federal District, Moscow in relation to the election of Mr Salavat Ismagilov as a member of the Management Board of Vozrozhdenie Bank.

2.3. Date of the meeting of the Board of Directors of Vozrozhdenie Bank when the relevant resolutions were adopted: March 2, 2017.

2.4. Date and number of the Minutes of the Board of Directors meeting when the relevant resolutions were adopted: March 3, 2017, Minutes № 14.

3. Signature

3.1. Chairman of the Management Board
Vozrozhdenie Bank



(signature)

Konstantin Basmanov

3.2. March 03, 2017

Seal