The General Shareholders' Meeting is the supreme management body of Sberbank.

The competence of the General Shareholders’ Meeting covers the following issues:

The issues falling under the competence of the General Shareholders’ Meting may not be passed for resolution to the Bank’s executive bodies. The issues falling under the competence of the General Shareholders’ Meeting may not be passed for resolution to the Bank’s Supervisory Board, except as provided by federal law.

  1. amendment of the Bank’s Charter or approval of its new version;
  2. reorganization of the Bank;
  3. liquidation of the Bank, appointment of a liquidation committee and approval of intermediary and final liquidation balance sheets;
  4. election of the Bank’s Supervisory Board members and early termination of their powers;
  5. election of the Bank’s CEO, Chairman of the Executive Board, and early termination of his powers;
  6. election of the Bank’s Audit Commission members and early termination of their powers;
  7. determination of quantity, nominal value, category (type) of declared shares and the rights provided by these shares;
  8. increase in the share capital by increasing nominal value of shares;
  9. increase in the share capital by offering additional shares on the basis of private placement;
  10. increase in the share capital by offering additional shares on the basis of public placement if the number of shares, additionally offered by public subscription, is over 25 percent of ordinary shares previously placed by the Bank;
  11. increase in the share capital by offering additional shares under public placement, if the number of shares, additionally placed by public subscription, amounts to no more than 25 percent of ordinary shares previously placed by the Bank, and the Bank’s Supervisory Board has failed to reach unanimity on this matter;
  12. private offering of bonds convertible into ordinary shares, and other issue-grade securities convertible into ordinary shares;
  13. public offering of bonds convertible into ordinary shares, and other issue-grade securities convertible into ordinary shares of over 25 percent of ordinary shares previously placed by the Bank;
  14. reduction of the Bank’s share capital by decreasing the nominal value of shares or through the Bank's acquiring a part of shares to reduce their total number or by redeeming the shares acquired or repurchased by the Bank;
  15. approval of the Bank’s auditor;
  16. approval of annual reports, including the Bank’s annual financial statements, and distribution of profits, including payment (declaration) of dividends, as of the end of a financial year;
  17. determination of the procedure for conducting the General Shareholders’ Meeting;
  18. splitting and consolidating shares, placement of issue-grade securities by conversion;
  19. making decisions about approval of non arm’s-length transactions in instances envisaged by federal law;
  20. making decisions about approval of major transactions in instances envisaged by the federal law;
  21. making decisions about participation in associations and other alliances of commercial organizations;
  22. approval of the bank’s internal documents, such as the Procedure for Holding the General Shareholders' Meeting, Regulations on the Supervisory Board of the Bank, Regulations on the Executive Board, Regulations on the Audit Commission;
  23. resolution of other matters envisaged by the federal law and this Charter.


The Regulations on the General Shareholders' Meeting of Sberbank of Russia