Statement of material fact

12 November
Statement of material fact

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 reached.


Voting results: all agenda items were resolved by the members of the Board of Directors attended the Meeting by the majority of votes.

2.2. Content of the resolutions adopted by the Bank’s Board of Directors on specific items disclosed in accordance with the regulations stipulated by the current legislation:

On item № 1 “On consideration of Vozrozhdenie Bank operation results for 3 months of 2017 under IFRS and RAS”:

1.1. To take under advisement Vozrozhdenie Bank operation results for 3 months of 2017 as per IFRS and RAS.

1.2. To take under advisement Vozrozhdenie Bank financial and economic plan fulfillment in Q1 of 2017.

On item № 2 “On convening of the General Shareholders Meeting of Vozrozhdenie Bank following the results of 2016 and approval of the agenda”:

2.1. To convene the annual General Shareholder Meeting of Vozrozhdenie Bank.

2.2. Approve the following agenda of the annual General Shareholder Meeting of Vozrozhdenie Bank:

1) Approval of the annual report and the annual accounting (financial) statements of Vozrozhdenie Bank for 2016.
2) Distribution of profits (including payment (declaration) of dividends) of Vozrozhdenie Bank following the results of 2016.
3) Payment of remuneration to the Board of Directors of Vozrozhdenie Bank.
4) Election of the Board of Directors of Vozrozhdenie Bank.
5) Election of the Audit Commission of Vozrozhdenie Bank.
6) Approval of the Audit Organisation of Vozrozhdenie Bank.
7) Approval of Amendments № 4 to the Charter of Vozrozhdenie Bank.

On item № 3 “On the date for specifying the persons eligible to participate in the annual General Shareholder Meeting of Vozrozhdenie Bank, as well as specifying the shares classes with voting power on all items of the Meeting Agenda, the form, date, venue and time of the annual General Shareholder Meeting, postal address for submitting completed voting ballots and the procedure for notification of shareholders about holding the annual General Shareholder Meeting”:

3.1. To define the form of the annual General Shareholder Meeting of Vozrozhdenie Bank — a meeting (joint physical presence of shareholders to discuss agenda items and pass resolutions on the items put to a vote, with preliminary provision of voting ballots).

3.2. To approve the date, venue and time of the annual General Shareholder Meeting — June 30, 2017, 7/4 bld. 1, Luchnikov Pereulok, Moscow, 101000, Russian Federation; Vozrozhdenie Bank’s annual General Shareholder Meeting will start at 12:00 (Moscow Time).

Mail addresses for submitting completed voting ballots:

7/4 bld. 1, Luchnikov Pereulok, Moscow, MPO, 101990, Russian Federation, Vozrozhdenie Bank;
12 bld. 2, 2nd Kozhevnechesky Pereulok, Moscow, 115114, Russian Federation, RDC PARITET, CJSC.

Registration of the Meeting participants — 11:00 a.m. (Moscow Time) at the annual General Shareholder Meeting venue.


3.3. To define the date for specifying the persons eligible to participate in the annual General Shareholder Meeting of Vozrozhdenie Bank (based on the data from Vozrozhdenie Bank shareholders register) — June 05, 2017.

3.4. To determine classes (types) of shares with voting power on all items of the Meeting Agenda:

Ordinary shares (State Registration Number of Issue 10101439B);
Preferred shares with a fixed dividend (State Registration Number of Issue 20201439B).

3.5. To publish a notice on the holding the annual General Shareholder Meeting of Vozrozhdenie Bank on the Bank’s website www.vbank.ru on or before May 30, 2017.

On item № 4 “On alteration of the list of candidates for the election to the Board of Directors on the annual General Shareholder Meeting of Vozrozhdenie Bank and consideration of the Human Resources and Compensation Committee’s recommendation concerning candidates to the Board of Directors and the Audit Commission of Vozrozhdenie Bank”:

4.1. In accordance with a notice from Viktor Alexandrovich Pichugov about the withdrawal of his candidacy for the election to the Board of Directors of Vozrozhdenie Bank, who was previously included by the Board of Directors resolution (Minutes № 13 dated 03.02.2017) in the list of candidates for the election during the annual General Shareholder Meeting and who, at the time of the consideration of a proposition on self-nomination by the Board of Directors, was an owner of 2,374,869 of ordinary shares of Vozrozhdenie Bank, which amounts to over 2% of the Bank’s voting shares, the Board of Directors resolved to exclude Viktor Alexandrovich Pichugov from the candidates list to the Board of Directors of Vozrozhdenie Bank during the annual General Shareholder Meeting in 2017.

4.2. To agree with the recommendations of the Human Resources and Compensation Committee of the Board of Directors of Vozrozhdenie Bank following the estimation of professional qualification, business reputation, experience, knowledge and efficiency of candidates proposed by the Bank’s Shareholder, Promsvyaz Capital B.V., and listed for the election to the Board of Directors, to acknowledge the following candidacies as compliant with the requirements for the election to the Board of Directors during the annual General Shareholder of the Bank:

1. Aleksey Nikolaevich Ananiev
2. Dmitry Nikolaevich Ananiev
3. Konstantin Vladimirovich Basmanov
4. Tamjid Hossain Basunia
5. Dmitry Vyacheslavovich Ermolov
6. Andrey Viktorovich Zhupanov
7. Dmitry Evgenievich Lavrentiev
8. Otar Leontievich Margania
9. Nikolay Dmitrievich Orlov
10. Vladislav Nikolaevich Khokhlov
11. Dmitriy Viktorovich Chekalkin
12. Mukhadin Abdurakhmanovich Eskindarov

4.3. Based on the estimation of professional qualification and experience, to acknowledge the following candidates, proposed by the Bank’s Shareholder, Promsvyaz Capital B.V., as compliant with the requirements for the election to the Audit Commission during the annual General Shareholder Meeting of the Bank: A. A. Kargachev, I. V. Golubeva, T. Y. Borisova and A. N. Volynkin.

On item № 5 “On consideration of the Human Resources and Compensation Committee’s recommendations concerning remuneration to the members of the Board of Directors of Vozrozhdenie Bank following the results of 2016 and making recommendations to the annual General Shareholder Meeting”:

5. To recommend to the annual General Shareholder Meeting of Vozrozhdenie Bank to decide on the remuneration to the members of the Board of Directors following the results of 2016 in accordance with Annex № 3 to these Minutes.

On item № 6 “On recommendations to the annual General Shareholder Meeting concerning the distribution of profits (losses) over 2016 including the amount and procedure of dividends payment on shares for 2016”.

6.1. To recommend to the annual General Shareholder Meeting of Vozrozhdenie Bank to approve the following distribution of profit earned in 2016:


Net profit for distribution:

814,638,444.22

Total dividend payable, including:

192,832,632.30

on ordinary shares

182,864,943.80

on preferred shares

9,967,688.50

Remuneration payable to the members of the Bank’s Board of Directors

8,000,000.00

Total for distribution

200,832,632.30

Retained earnings

613,805,811.92

6.2. To propose to the annual General Shareholder Meeting of Vozrozhdenie Bank to approve the following amount of dividend per 1 share:
— ordinary non-documentary registered shares with a nominal value of RUB 10 each — 77% of the nominal value which is RUB 7.70 per share. Total dividends payable on uncertified registered common shares with a fixed dividend amount to RUB 182,864,943.80 (One hundred eighty-two million eight hundred sixty-four thousand nine hundred forty-three) 80 kopecks;

— preference non-documentary registered shares with a fixed dividend and with a nominal value of RUB 10 each — 77% of the nominal value which is RUB 7.70 per share. Total dividends payable on uncertified registered preferred shares with a fixed dividend amount to RUB 9,967,688.50 (Nine million nine hundred sixty-seven thousand six hundred eighty-eight) 50 kopecks.

6.3. To propose the annual General Shareholder Meeting to set a date for specifying the list of persons eligible for dividend — July 11, 2017.

6.4. To propose to the annual General Shareholder Meeting to pay cash dividends to individuals, whose share rights are recorded in the register of shareholders, by transferring funds to their bank accounts, which details are available at the registrar of Vozrozhdenie Bank, or, in case the information on bank accounts is unavailable, by postal transfer; and to other persons whose share rights are recorded in the register of shareholders by transferring funds to their bank accounts. Any persons who are eligible for dividend and whose share rights are recorded at a nominee shareholder, shall receive cash dividends on shares through the nominee;

6.5. To propose the annual General Shareholder Meeting to pay dividends to nominee shareholders of record on or before July 25, 2017, and to pay dividends to other persons of record on or before August 15, 2017.

On item № 7 “On defining the list of information (materials) provided to shareholders as part of the annual General Shareholder Meeting preparation and the procedure of its provision”:

7. To approve the following list of information (materials) provided to persons eligible for the participation in the annual General Shareholder Meeting of Vozrozhdenie Bank on June 30, 2017:

1) The Annual Report 2016 of Vozrozhdenie Bank.
2) The annual accounting (financial) statements of Vozrozhdenie Bank over 2016 including Auditor’s opinion.
3) The Conclusion of the Audit Commission following the inspection of the Bank’s financial and operational activities in 2016.
4) Recommendation of the Board of Directors for the distribution of profits (losses) as well as dividend on the Bank’s shares amount, its payment procedure and date for the specifying the list of persons entitled to dividend.
5) Information about a candidate (candidates) to the Board of Directors, the Audit Commission, information of presence or absence of written consent of the nominated candidates to the Board of Directors and the Audit Commission.
6) Information about the candidate for the Bank’s Auditing Firm.
7) Estimation of Auditor’s opinion by PricewaterhouseCoopers Audit Joint-Stock Company following 2016, performed by the Audit Committee of the Board of Directors.
8) Report on the Vozrozhdenie Bank related-party transactions made in 2016.
9) Draft of Amendments No. 4 to the Charter of Vozrozhdenie Bank.
10) Information and draft resolutions of the annual General Shareholder Meeting concerning each item of the agenda.

Information (materials) for persons eligible to take part in the annual General Shareholder Meeting of Vozrozhdeniye Bank is available at the Bank’s office at 7/4 bld.1 Luchnikov Pereulok, Moscow, 101000 Russian Federation on business days (from 9:00 a.m. to 6:00 p.m. (Moscow time) from Monday to Thursday, and from 9:00 a.m. to 4:45 p.m. (Moscow time) on Friday) beginning from June 30, 2017. 7/4 bld.1 Luchnikov Pereulok, Moscow, 101000 Russian Federation. The said information (materials) will also be available to participants in the AGM during the meeting. The said information (materials) will also be available on the Bank’s website: WWW.VBANK.RU.

On item № 8 “On approval of the form and text of voting ballot for the annual General Shareholder Meeting of Vozrozhdenie Bank as well as formulation of decisions on each item of the agenda of the annual General Shareholder Meeting submitted in electronic form to the nominee shareholders, listed in the Vozrozhdenie Bank register of shareholders”:

8. To approve the form and text of voting ballot for the annual General Shareholder Meeting of Vozrozhdenie Bank on June 30, 2017 as well as formulation of decisions on each item of the agenda of the annual General Shareholder Meeting submitted in electronic form to the nominee shareholders, listed in the Vozrozhdenie Bank register of shareholders on accordance with Annex No. 4 to these Minutes.

On item № 9 “On including the following additional items to the agenda of the Vozrozhdenie Bank Board of Directors Meeting”:

9. To include the following additional items to the agenda of the Board of Directors Meeting: “On current results and prospects of Retail Business Block of Vozrozhdenie Bank” and “On consideration of risk and capital adequacy report (ICAAP) as of 01.04.2017”.

On item № 10 “On current results and prospects of Retail Business Block of Vozrozhdenie Bank”:

10. To take under advisement the information about current results and prospects of Retail Business Block of Vozrozhdenie Bank.
On Item № 11 “On consideration of risk and capital adequacy report (ICAAP) as of 01.04.2017”:

11. To take under advisement the Monthly ICAAP Report (risk and capital adequacy report) as of April 01, 2017.

2.3. The date of the Board of Directors Meeting where the corresponding decisions were made: May 24, 2017

2.4. Date and register number of the Board of Directors Meeting Minutes where the corresponding decisions were made: May 26, 2017 Minutes No. 18.

2.5. Type, series and other identification attributes of securities in relation to which the rights are executed:

— ordinary non-documentary registered shares, individual state registration number 10101439B, date of registration — April 12, 1991, International Securities Identification Numbers (ISIN) RU 0009084214;

— preference non-documentary registered shares, individual state registration number 20201439B, date of registration — March 06, 2002, International Securities Identification Numbers (ISIN) RU 0009100127.

3. Signature

3.1. Deputy Chairman of the Management Board Vozrozhdenie Bank



(signature)

Andrey Shalimov

3.2. May 26, 2017

Seal