At the Annual General Meeting (AGM), Sberbank shareholders have approved the payment of RUB 422.4 bn in dividends for 2020, coming to RUB 18.7 per share (56% of the IFRS net profit) and approved May 12, 2021, as the date on which the individuals entitled to dividend payments are to be determined. The ex-dividend date is June 17, 2021. Half of the sum - RUB 211.2 bn - will go to the national budget. Sberbank will therefore be paying out record dividends for the Russian market for the second year in a row.

In accordance with its 2023 Dividend Policy, Sberbank intends to pay dividends amounting to at least 50% of its net profit.

Last year the Russian Federation, represented by the Ministry of Finance, acquired a controlling stake in Sberbank with financing from the National Wealth Fund. The value of the stake increased by over RUB 1.1 tn in a year. Moreover, Sberbank paid RUB 325 bn in taxes last year. Today we are announcing that, based on the outcomes of 2020, our shareholders, including the state, will receive RUB 422.4 bn, a national record in dividends for the second year in a row.

Herman Gref

CEO, Chairman of the Executive Board, Sberbank

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Sberbank of Russia published this content on 23 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2021 12:31:04 UTC.