Corporate Governance System

Sberbank’s corporate governance is a system of management and control bodies established in compliance with Russian legislation, the regulator and Moscow Stock Exchange, as well as the recommendations of the Basel Committee on Banking Supervision and international best corporate governance practices.

The bank’s system of management and control bodies establishes rules and procedures for corporate decision-making, provides management and control of the bank’s operations, governs the relationship between shareholders, the Supervisory Board, management and other stakeholders.

The current corporate governance system meets the interests of the bank’s sustainable business development by ensuring protection of the rights and legitimate interests of shareholders.

The bank’s corporate governance system can be graphically represented as follows:

scheme