Sberbank Rossii : holds Supervisory Board meeting

18September2018,Moscow - Sberbank announces the results of its Supervisory Board meeting.

During the meeting, the Supervisory Board reviewed information on Sberbank's 6M 2018 results and its financial results for 8M 2018.

The Supervisory Board considered the issue of approaches to developing the network of Sberbank's internal structural subdivisions (branch offices) in rural areas.

The Supervisory Board listened to information about the results of the H1 2018 audit conducted by Sberbank's Internal Audit Service.

Members of the Supervisory Board were provided with information about the review of Sberbank's risk report for Q2 2018, and also about updating risk appetite at Sberbank.

The Supervisory Board reviewed the issue of submitting an appeal to the Bank of Russia regarding changes to individual conditions for permitting the application of the internal ratings-based approach with regard to the subclass of specialised lending of the corporate lending requirements class.

At the meeting, the Members of the Board approved the second edition of Sberbank's Information Policy.

The Members of the Board also reviewed information on the succession system for managers with grades of 16 and above, and an issue regarding the organisational structure of Sberbank.

In addition, the Supervisory Board approved the decision of Deputy Chairman of the Executive Board Yulia Chupina to leave the Executive Board in connection with her desire to work part-time. The Members of the Supervisory Board thanked Yulia for her extensive and productive work. She will continue to oversee the Strategy and HR Blocks as Senior Vice President.