Sberbank / Key word(s): Miscellaneous/Miscellaneous
04.07.2014 11:14

Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

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STATEMENT on material fact "Concerning the individual decisions taken by the Board of Directors (Supervisory Board) of the issuer"
1. General information

1. 1. Full company name of the issuer: Open Joint-Stock Company
Sberbank of Russia 

1. 2. Short company name of the issuer: Sberbank of Russia
1. 3. Location of the issuer: 117997, Moscow, 117997
1. 4. OGRN (Primary State Registration Number) of the issuer: 1027700132195
1. 5. INN (Taxpayer Identification Number) of the issuer: 7707083893
1. 6. The issuer's unique code assigned by the registering authority: 1481В
1. 7. Internet pages used by the issuer to disclose information: www.sberbank.ru,
http://www.e-disclosure.ru/portal/company.aspx?id=3043
2. Contents of Statement

2.1. Quorum for resolutions by voting in absentia: Quorum is recorded as present

2.2. Content of individual decisions taken by the Supervisory Board of Sberbank of Russia OJSC and voting results:

1. Approve the non arm's length transaction between Sberbank of Russia and Denizbank A.Ş. involving the provision of subordinated loan to Denizbank A.Ş. from Sberbank of Russia for the amount of up to USD 150 million for the period of up to 10 years.

No beneficiaries.

Voting results: "For": 9, "Against": 0, "Abstain": 0.
2. Approve the non arm's length transaction between Sberbank of Russia and Sberbank (Switzerland) AG (Zürich, Switzerland) involving the provision of overdraft loan under Loro correspondent account in the currency of the Russian Federation, opened in favor of Sberbank (Switzerland) AG in Sberbank of Russia with an overdraft loan limit of up to RUB 150 million with overdraft maturity on the day, following the day of loan debt creation.

No beneficiaries.

Voting results: "For": 9, "Against": 0, "Abstain": 0.
3. Approve non arm's-length transactions for raising funds of JSC RusHydro for deposits and in the form of the minimum required balance on JSC RusHydro bank accounts held at Sberbank of Russia, for a maximum amount of RUB 200 billion or the equivalent thereof in USD or EUR, for a term of 1 day to 5 years, executed from April 01, 2014 to June 30, 2014.
No beneficiaries.

Voting results: "For": 9, "Against": 0, "Abstain": 0.
4. Approve non-arm's length transactions between Sberbank of Russia and SBERBANK OF RUSSIA (Ukraine):

* on extension of interbank loans in the amount of no more than RUB 78,660 million for the period of up to 15 years;

* on purchase/sale of foreign currency in the amount of no more than RUB 6,320 million for the period of up to 1 year;

* on extending of subordinated loan in the amount of USD 12 million for up to 12 years;

* on extension of subordinated loan in the amount of up to USD 40 million for up to 10 years;

* on extension of subordinated loan in the amount of up to USD 60 million for up to 7 years;

* on extension of precious metals in the amount of up to USD 50 million at the minimum transaction price of USD 500 for Gold Ounce;
* on purchase/sale, reception/delivery of cash currency for collection of payments in the amount of up to USD 50 million at the minimum cost of operation at 0.01% from the transaction amount.

No beneficiaries.

Voting results: "For": 8, "Against": 0, "Abstain": 0.
5. Approve the non-arm's length transaction between Sberbank of Russia and Subsidiary Bank Joint-Stock Company Sberbank of Russia involving the assignment of rights (claims) to Kazfinans LLC, owned by Subsidiary Bank Joint-Stock Company Sberbank of Russia, as well as assignment of rights (claims) to JSC JV Zarechnoye and JSC JV Akbastau, owned by Subsidiary Bank Joint-Stock Company Sberbank of Russia. Price of the Assignment Agreement - RUB 852,551,775.62

Voting results: "For": 9, "Against": 0, "Abstain": 0.
6. Approve the non-arm's length transaction between Sberbank of Russia and OJSC Rosselkhozbank:

* on determination of terms and procedures of derivative (fixed-term) transactions executed by the parties, procedures for performance of obligations thereunder, as well liability of the parties for improper performance of obligations ensuing from transactions and other assumed obligations;

* on derivative (fixed-term) transactions in the amount of up to RUB 200 billion;

* on conversion transactions (sale and purchase of one currency against another one) in the amount of up to RUB 100 billion;
* on REPO transactions in the amount of up to RUB 150 billion;
* on attraction of funds of OJSC Rosselkhozbank by Sberbank of Russia and placement of funds by Sberbank of Russia in the amount of up to RUB 100 billion (one-time volume of attracted/placed funds).
No beneficiaries.

Voting results: "For": 9, "Against": 0, "Abstain": 0.
7. Approve the non-arm's length transaction between Sberbank of Russia and SBERBANK OF RUSSIA (Ukraine) involving opening and servicing the Nostro multi-currency correspondent account (in the national and foreign currency) in favor of Sberbank of Russia in Sberbank of Russia (Ukraine) and rendering of settlement services to Sberbank of Russia by Sberbank of Russia (Ukraine). The transaction price is determined by commission fee rates of Sberbank of Russia (Ukraine).

No beneficiaries.

Voting results: "For": 9, "Against": 0, "Abstain": 0.
8. Approve non-arm's length transactions between Sberbank of Russia and JSC RusHydro:

* involving opening of non-revolving credit facility with a purpose of provision of funds to ОJSC RusHydro for financing of current operations, financial and investment activities, including refinancing (partial refinancing) of loans and borrowings received by JSC RusHydro in the amount of RUB 2,776,363,638.11;

* on change of the term of provision of corporate approval by Sberbank of Russia (conclusion of supplementary agreement to the Non-Revolving Credit Facility Agreement made between Sberbank of Russia and JSC RusHydro).
No beneficiaries.

Voting results: "For": 9, "Against": 0, "Abstain": 0.
9. On approval of non arm's length transaction between Sberbank of Russia and CJSC Sberbank Leasing involving the conclusion of the agreement for rendering of services involving the provision of information on products of the Leasing Factory of CJSC Sberbank Leasing to clients of Sberbank of Russia, receiving of document package from clients, needed to consider the possibility of concluding a leasing agreement between CJSC Sberbank Leasing and clients, information exchange with CJSC Sberbank Leasing via secure communication channels, informing of clients on the results of documents review and the decision made by CJSC Sberbank Leasing. Price of the transaction - RUB 1,749.94. (VAT included) for each leasing agreement actually made with a client and involving the products of the Leasing Factory. The agreement has been concluded for an indefinite period of time.
No beneficiaries.

Voting results: "For": 9, "Against": 0, "Abstain": 0.
2.3. Date of the voting in absentia by the Supervisory Board that adopted the corresponding resolutions: July 03, 2014

2.4. Date of drawing up and number of, minutes of the Supervisory Board's absentee voting where the relevant decisions are were taken. July 03, 2014
Minutes No. 26

3. Signature

Deputy Chairman

of the Board, Sberbank of Russia B.I. Zlatkis

July 03, 2014

L.S.


04.07.2014 EquityStory.RS, LLC's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Sberbank
              19 Vavilova St.
              117997 Moscow
              Russia
Phone:        +7-495-957-57-21
Fax:          
E-mail:       media@sberbank.ru
Internet:     www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557 Listed: Frankfurt in Open Market (Entry Standard) ; MICEX, RTS  
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