Investor Presentation MOSCOW, 2012

Contents 1. Sovcombank at a glance p. 4

2. General information p. 8

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3

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Important notice

Sovcombank at a glance INVESTOR PRESENTATION

5

Sovcombank – focus on sustainable return

Focus on return

EMPHASIS ON RETAIL BUSINESS AND BALANCED APPROACH TO RISK

• Sovcombank is in the Top 3 among the hundred largest Russian banks in terms of return on capital

• The Bank generated 57% return on capital in 2011

Attractive niche market

• Target customers – retired individuals with relatively small accounts and low mobility

• Minimum deposit amount is set at only RUR 5-10 thou

Strong market position

• Sovcombank is in the Top 30 Russian banks ranked by value of loan portfolio

• The Bank is focused on retail segment with loans to individuals making up over 80% of the total loan portfolio

Important player

• The Bank is among the Top 60 by asset size – RUR 89 bn*

• Sovcombank is Russia’s 33rd largest bank by value of deposits of individuals (RUR 52 bn)*

Highly competitive offering

• During the global recession Sovcombank became the market leader in terms of growth in the customer base delivering solid growth against the backdrop of declining market and poor peer performance

Broad market reach

• Extensive regional network: 265 branches, 1,187 mini-offices and 257 points of sale across 500 locations

• Bank operates over 900 ATM and 1,200 EFTPOS terminals

Balanced approach to risk

• The Bank is focused on generating high and sustainable return driven by customer loyalty and retention

• Sovcombank maintains rather conservative approach to risk taking aiming at low volatility of returns

* As of 31 October 2012

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Source: Sovcombank

Sovcombank in numbers

Deposits Capital, NII and net profit

Source: Sovcombank Source: Sovcombank

RUR bn

RUR mn

Assets Loan Portfolio

RUR bn RUR bn

Source: Sovcombank

• The Bank is among the Top 60 Russian banks by asset size with the total asset value of RUR 89 bn*

• Consumer loans make up over 80% of the Banks’s loan portfolio

• Sovcombank is Russia’s 27th largest bank by value of consumer loan portfolio*

• Consumer loans are matched by 89% of total deposits being raised from individuals

• Sovcombank is Russia’s 33rd largest bank by value of deposits of individuals with RUR 52 bn* raised

• The Bank tailors its market offering to retired individuals

• Starting from 2009 the Bank’s assets increased by 2.5 times and the Bank’s capital nearly tripled

* Banki.ru statistics as of 31 October 2012

7

RATINGS AND KEY FINANCIALS

Peer comparison

Source: Sovcombank Source: Sovcombank

%

Expenses as a share of net profit*

Return on capital* Deposits as a share of total liabilities*

Long-term rating

Source: Sovcombank

translated to Moody’s scale %

Source: Sovcombank

%

• The Russian rating agency Expert RA assigned A rating to Sovcombank underlying “Very high creditworthiness”

• Rating agency RusRating assigned A+ rating to Sovcombank on a national scale

• Financial health was assessed as highly strong and sustainable

* SCB – Sovcombank, HCF – Home Credit Bank, GE Money – GE Money Russia, VE –

Bank Vostochniy Express, RenCred – Renaissance Credit, OTP – OTP Bank,

TKS – Tinkoff Creditnye Systemy

General information INVESTOR PRESENTATION

9

Sovcombank: History in brief

1990 1990

The Bank’s head office was transferred to Kostroma with subsequent change of name to Sovcombank

Sovcombank capital base was supported by an injection from the Dutch investment fund TBIF

Kardan Group acquired stake in the Bank. The Bank and ARKA Group were merged to become a large regional banking group with a full range of banking services and extensive regional presence

Sovcombank expanded its branch network to 30 Russian regions and significantly increased volume of retail lending through over 1,000 points of sale. The Bank’s business processes were streamlined with implementation of new management technologies

Considerable growth in consumer lending. Opening of the Samara and Nizhny Novgorod branches, ATM network grew to 583 convenient locations and 921 EFTPOS terminals

2012

2001

2003

2004

2007

2008

The Bank received loans from EBRD and from the Netherlands Development Finance Company thus gaining access to unsecured government financing which it used to successfully introduce its ‘Loans to SMB’ program

2009-2010

2011

Kardan Group’s equity stake repurchased

The Bank was established in Buy city in Kostroma region under the original name of Buycombank

2001 The Bank was acquired by its current management team

2003

2004

2007

2008

2011

2012

2009-2010

10

The Bank’s geography

Sovcombank is present in over 500 Russian cities across 30 regions

The Bank’s deposit geography is heavily geared towards Moscow (around 50%) and Kostroma (around 30%). Branches in other cities attracted around 20% deposits

Consumer loan portfolio is well diversified by geography

Sovcombank intends to focus on strengthening its existing presence with limited geographic expansion in new regions

Vladimir region

Amur region

Vologda region

Voronezh

region

13

Altai region

9

5

6

5

1

Evreyskaya AO

10

Irkutsk region

1

Kamchatka

region

15 Kemerovo region

11

Yaroslavl

region

16 Kostroma region

Krasnodar

region

23

14

Krasnoyarsk region

Lipetsk

region

1

67

Moscow and

Moscow region

16

Novosibirsk region

9

Omsk

region

Orenburg

region

8

1

Altai republic

18

Primorsk region

Sakhalin region

1 Samara region

4 7

Tomsk

region 4

Tyumen

region

Khabarovsk

region

8

Khakasiya

republic

4

14

Chelyabinsk

region

1

- Existing presence

- Number of offices

9

Ivanovo region

Source: Sovcombank

PRIMARY OBJECTIVE – STRENGTHENING EXISTING PRESENCE

11

Organisational structure The Bank’s organisational

structure includes several layers of authority

The Board of Directors members are appointed at the General Shareholders Meeting and retain the ultimate responsibility for decision making

The Management Board is accountable to the Board of Directors and comprises four executive directors

The Management Board is led by Dmitry Gusev

Decision making at the Management Board level is supported by the Retail Business and Corporate Business Committees responsible for management decisions in the relevant business area

Effective control and monitoring at the Board of Directors level is supported by the operation of the Audit Committee

Key committees

Retail Business Committee

Corporate Business Committee

Audit Committee

Composition: 9 members Meeting schedule: twice a month Competence: retail lending policy (including products, network, interest

rates and risks)

Composition: 8 members Meeting schedule: twice a month Competence: corporate lending policy (including products, maximum

exposure and interest rates)

Composition: 8 members Meeting schedule: once a quarter Competence: auditor appointments, internal control system appraisal

and monitoring

Board of Directors

Management Board Corporate Business

Committee Retail Business Committee

Internal Control Service Audit Committee

Other committees

General Shareholders’ Meeting

Organisational Structure

Management Board Corporate Business

Committee Retail Business Committee

Internal Control Service

Other committees

12

Management

Dmitry Gusev

Chairman

Born in 1976, holds a graduate degree from the Financial University under the Government of the Russian Federation, major in Finance and Credit.

Before joining ICB Sovcombank Dmitry held Partner position at Deloitte & Touche in Moscow. In 2007-2008 he held Advisor to Chairman position in the Moscow branch of the ICB Sovcombank. In 2008-2011 Dmitry was a member of the Board of Directors and held Deputy Chairman position at ICB Sovcombank.

From 2011 Dmitry Gusev leads the Board of Directors of Sovcombank.

Sergey Khotimskiy

First Deputy Chairman, Managing Director

Born in 1978, Sergey holds a graduate degree in law from Moscow International University.

From 2007 Sergey holds First Deputy Chairman and the Managing Director position of ICB Sovcombank. From 2008 he is a member of the Board of Directors and Management Board of ICB Sovcombank. In 2010 Sergey joined the Board of Directors of SOLLERS-FINANS.

13

Management (cont’d)

Kirill Sokolov

First Deputy Chairman

Born in 1979, Kirill holds graduate degree from Novosibirskiy State University, major in Mathematic Methods in Economics.

In 2006-2008 Kirill held CFO position of ICB Sovcombank.

From 2008 Kirill holds First Deputy Chairman position and is a member of the Board of Directors of ICB Sovcombank.

Elena Sarycheva

Deputy Chairman

Born in 1971, Elena holds a graduate degree from the State Academy of Service in Tolyatti, major in accounting.

In 2004-2008 Elena held Chief Accountant position in the Moscow branch of ICB Sovcombank.

From 2008 Elena holds Deputy Chairman position and is a member of the Board of Directors of ICB Sovcombank.

Contacts Moscow City, 129090

Shepkina, 28

Tel.: +(495) 988 93 70

E-mail: info@sovcombank.ru

Web: www. sovcombank.ru