The Supervisory Board of Sberbank recommended that shareholders decide not to distribute net profit for 2021 and not to pay dividends. This is stated in the bank's message.
Shareholders were recommended to appoint LLC "TSATR – Audit Services" (the former name of LLC "Ernst & Young") as the audit organization of Sberbank for 2022 and the first quarter of 2023.
The General Meeting of Sberbank shareholders based on the results of 2021 will be held on June 29 in the form of absentee voting. The date on which the persons entitled to participate in the meeting are determined is June 6.
Sberbank of Russia (TIN 7707083893) is the largest bank in Russia, Central and Eastern Europe. The Bank is the main lender of the Russian economy and holds the largest share in the deposit market. Sberbank's services are used by customers in 18 countries around the world. The Bank has a branch network in Russia: about 14 thousand service points. The bank's foreign network consists of subsidiaries, branches and representative offices in the UK, USA, CIS, Central and Eastern Europe, India, China and other countries.
The authorized capital of Sberbank is 67.76 billion rubles and consists of 21586948 thousand ordinary shares and one billion preferred shares with a nominal value of 3 rubles. The main shareholder of Sberbank is the Russian Federation represented by the Ministry of Finance of the Russian Federation, which owns 50% of the authorized capital of Sberbank PJSC plus 1 voting share. The remaining 50% minus 1 voting share of the bank's authorized capital is owned by Russian and international investors.
