Sberbank Rossii : The Supervisory Board of Sberbank holds its meeting

March 21, 2017, Moscow- Sberbank would like to announce results of the Supervisory Board meeting.

The Supervisory Board set May 26, 2017 as the date of the annual general meeting of Sberbank's shareholders dedicated to 2016 results and set May 2, 2017 (the end of the transaction day) as the date of compiling of a list of individuals entitled to participate in the meeting. The event will be held in the format of the shareholders' joint presence in Sberbank's conference hall located in 19 Vavilova St., Moscow. The meeting will start at 10.00am, registration of meeting participants will start at 8.00 am (Moscow time).

The agenda approved by the Supervisory Board:

1. Approval of the annual report for 2016

2. Approval of the annual accounting (financial) statements for 2016

3. Distribution of profit and dividend payment for 2016

4. Appointment of an audit organization

5. Election of Supervisory Board members

6. Election of Audit Committee members

7. Approval of a related party transaction

8. Approval of a new version of the Provision on the General Shareholder Meeting

The Supervisory Board included the following candidates put forward by Sberbank's shareholders in the list of candidates for election to the Supervisory Board during the voting at the annual general shareholder meeting of Sberbank dedicated to 2016 results:

• Esko T. Aho - Executive Chairman of the Board at East Office of Finnish Industries
• Leonid B. Boguslavsky - founder of the international investment company ru - Net Limited
• Martin G. Gilman - Rectors' Advisor at the National Research University Higher School of Economics
• Herman O. Gref - CEO, Chairman of the Executive Board of Sberbank
• Nadezhda Y. Ivanova - Advisor to Governor of the Central Bank of Russia
• Sergey M. Ignatiev - Advisor to the Governor of the Central Bank of Russia
• Alexei L. Kudrin - Dean of the Faculty of Liberal Arts and Sciences at St. Petersburg State University
• Georgi I. Luntovsky - First Deputy Governor of the Central Bank of Russia
• Vladimir A. Mau - Rector of the Russian Presidential Academy of National Economy and Public Administration under the President of the Russian Federation
• Gennady G. Melikian - Honoured Economist of the Russian Federation
• Maxim S. Oreshkin - Minister of Economic Development of the Russian Federation
• Olga N. Skorobogatova - Deputy Governor of the Central Bank of Russia
• Nadia Wells - independent investment and corporate governance consultant
• Sergei A. Shvetsov - First Deputy Governor of the Central Bank of Russia

In addition, the Supervisory Board included the candidates put forward by shareholder of Sberbank and the Supervisory Board in the list of candidates for election to the Audit Committee during the voting at the annual general shareholder meeting of Sberbank dedicated to 2016 results.

The Supervisory Board approved a new version of the Provision on the General Shareholder Meeting and suggested the annual general shareholder meeting should approve it.

The participants of the meeting took into consideration IFRS consolidated financial statements for the year that ended and as of December 31, 2016; information about the ongoing realisation of projects related to the development of Sberbank's retail business, its priorities and key indicators of its effectiveness for 2017; Sberbank's risk report for 2016; and information about the self-evaluation of efficiency of activities conducted by the Supervisory Board and its Committees in 2016.

The Supervisory Board decided to include information about results of the conducted self-evaluation in Sberbank's annual report for 2016.