Shareholders directed St. Petersburg banks on payment of dividends of 20% of profit of bank

According to the solution of meeting 463 742 700 rubles that 20% of net profit of bank on RSBU for 2016 are equivalent are directed to

on payment of dividends. Date on which the persons having the right to dividends are defined, – on May 31, 2017.

Also on council chose the supervisory board where entered Alexander Savelyev, Bayski Gail Syuzan, Andrey Ivanovich Bychkov, Aleksey Germanovich, Guz Wladyslaw, Andrey Mikhaylovich Zvezdochkin, Ibragimov Andrey, Ivannikova Helena, Polukeev Alexander, Alexander Pustovalov.

Meeting of the supervisory board took place right after meeting of shareholders. Again Ivannikova Helena, and Guz Wladyslaw – the vice-chairman was elected the chairman of the board.

the Decision of the supervisory board the senior independent director chose Polukeev Alexander. As independent members (independent directors) are recognized Andrey Ivanovich Bychkov, Aleksey Germanovich, Polukeev Alexander and Andrey Mikhaylovich Zvezdochkin.

Also created committees of the supervisory board: "On strategy" (the chairman – Alexander Savelyev), "On shots and remunerations" (the chairman – Polukeev Alexander), "On risk management" (the chairman – Bayski), "On audit" (the chairman – Andrey Ivanovich Bychkov).

the Supervisory board made the decision on increase in authorized capital of PUBLIC JOINT-STOCK COMPANY "BANK "SAINT PETERSBURG" by placement of additional registered common paperless stocks in number of 60 million pieces with a par value of 1 ruble everyone for total amount at the par value of actions of 60 million rubles.

Additional issue will allow to provide to

the further growth of volumes of business, to increase liquidity of actions, and also to fulfill requirements of Group of companies "Insurance agency vkladov" on increase in fixed capital according to the agreement on increase of capitalization of bank.