Stock Dividend Agreement

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Neither this information nor any copy of this information can be recorded or transmitted to the United States, Canada, Australia or Japan. This information on Sberbank`s official website is not an offer to sell securities (titles) in the United States. Securities may not be offered or sold in the United States or on behalf of or on behalf of a benefit by persons who do not have registration or exemption from registration under the amended U.S. Securities Act of 1933. The issuer of the securities has not registered and does not intend to record part of the issue in the United States and does not intend to launch a public offering of securities in the United States. This information may only be addressed to persons outside the United Kingdom or (ii) to investment professionals covered by Article 19, paragraph 5 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (Order) or (iii) wealthy companies. and others to whom it may be legally disclosed, who are subject to (a) (a) section 49 of paragraph 2 of the Order (all of these persons in I), (ii) and (iii) are jointly designated as relevant persons). Securities are only available for all invitations, offers or agreements to subscribe, purchase or acquire such securities only with the persons concerned. Anyone who is not a relevant person should not act or rely on this document or any of its contents. In each Member State of the European Economic Area that has transposed the 2003/71/EC Directive (as well as all applicable enforcement measures in a Member State) (the prospectus directive), this information is only addressed to persons from that Member State and is only addressed to persons who are qualified investors within the meaning of Article 2, paragraph 1, point e), the directive on prospectuses.

These documents and the information contained in them do not constitute a public offering or advertisement for securities in Russia and do not constitute an offer or invitation to buy, sell, exchange or transfer securities in Russia and do not constitute an advertisement for securities in Russia. A share dividend, a method used by companies to distribute assets to shareholders, is a dividend payment in the form of shares rather than cash. Share dividends are mainly issued instead of cash dividends when the business is low in cash. Board of DirectorsThe Board of Directors is a body made up of elected officials representing shareholders. Each public company is required to set up a board of directors. decides when and in what form the dividend will be distributed. For example, investors looking for a stable income stream are more likely to invest in bonds for which interest payments are not variable than in a dividend-paying stock where the underlying share price may fluctuate. Therefore, bond investors do not care whether a particular company has dividends, because their interest is set from their bond assets. Dividend policy is the accelerator by which well-managed companies measure their reinvestment speed. If investment opportunities are plentiful, a non- or low-dividend distribution may be appropriate.