OREANDA-NEWS. Sberbank announces the results of the Supervisory Board meeting.

The Supervisory Board preliminary approved the 2015 annual report and the annual accounting (financial) statements of Sberbank and proposed to the Annual General Shareholders' Meeting to approve them.

The Supervisory Board recommended to the Annual General Shareholders' Meetingto approve the distribution of profits and payment of dividends for 2015 on ordinary shares in the amount of 1.97 rubles per share and on preferred shares - 1.97 rubles per share.

The Supervisory Board proposed to set the date when dividend recipients will be defined at the end of the trading day on June 14, 2016.

The Supervisory Board recommended for approval an auditing company "PricewaterhouseCoopers" JSCas Sberbank's auditor for 2016 and the 1Q of 2017 at the Annual General Shareholders' Meeting.

The Supervisory Board also approved the amendments to the bylaws of Sberbank and proposed to approve them at the Annual General Shareholders' Meeting.

In addition, the Supervisory Board approved form and  text of the ballots used for voting at the Annual General Shareholders' Meetingon the results of 2015; the list of information (materials) submitted for review to the persons entitled to attend the meeting; proposed to the Annual General Shareholders' Meetingto approve the liability insurance contract of the Supervisory Board members, members of executive branch and other persons in accordance with the insurance contract, as a related party transaction.