STATEMENT of Material Fact 'On specific resolutions adopted by the Board of Directors (Supervisory Board) of the issuer'

1. General Information

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

1. 2. Short name of the issuer. Sberbank of Russia

1. 3. Issuer's location. 19 Vavilova Street, 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. Unique issuer 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 adoption of decisions by absentee voting. Quorum is present

2.2. Contents of specific resolutions adopted by the Supervisory Board of Sberbank of Russia and voting results:

1. Approve the transaction between Sberbank of Russia (Creditor) and Sberbank Europe AG (Borrower), which is a non arm's-length transaction, to provide a subordinated loan in the amount of up to EUR 100.0 million. Loan term - 10 years. No beneficiaries.

Voting results: 'For' - 12, 'Against' - none, 'Abstained' - 1.

2.3. Date of the voting in absentia by the Supervisory Board that adopted the corresponding resolutions. September 17, 2014

2.4. Date of the compilation and number of minutes for absentee voting of the Supervisory Board where the corresponding decisions were made. September 17, 2014

Minutes No. 39

3. Signature

Deputy Chairman

of the Executive Board, Sberbank of Russia Bella I. Zlatkis

September 17, 2014

L. S.