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 St., 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 non-arm's-length transactions between Sberbank of Russia (Seller) and the Central Bank of the Russian Federation (Buyer) on the purchase and sale of precious metals in ingot form. The volume of the concluded transactions for which settlements are partially or fully not completed, shall not exceed an amount equal to RUB 15.0 billion. Beneficiaries - none.

Voting results: adopted unanimously.

2.3. Date of the absentee voting by the Supervisory Board that adopted the relevant resolution: October 28, 2014

2.4. Date of compilation and number of minutes of the Supervisory Board's absentee voting where the relevant resolution was adopted. October 28, 2014

Minutes No. 49

3. Signature

Head of the Corporate Secretary

Service of Sberbank of Russia O.Y. Tsvetkov

(under power of attorney No. 385-D dated July 24, 2014)

October 28, 2014

L.S.