VTB Group Today Management Report Corporate Governance Management Board Andrey Kostin President and Chairman of the Management Board Andrey Yuri Puchkov Soloviev First Deputy President and First Deputy President and Chairman of the Management Chairman of the Management Board Board Denis Valery Bortnikov Lukyanenko Deputy President and Chairman Deputy President and Chairman of the Management Board of the Management Board Vadim Anatoly Kulik Pechatnikov Deputy President and Chairman Deputy President and Chairman of the Management Board of the Management Board Olga Erkin Dergunova Norov Deputy President and Chairman Member of the Management of the Management Board Board Maxim Svyatoslav Kondratenko Ostrovsky Member of the Management Member of the Management Board Board Dmitry Pianov Member of the Management Board 170 Annual Report ‘20 Sustainable Development Financial Statements Annexes Management Board In 2020–2021, Svyatoslav Ostrovsky (30 June 2020) joined Valery Chulkov (17 January 2020), Oleg Smirnov the Management Board1 of VTB Bank as a member (13 January 2020) and Dmitry Olyunin (31 January 2020) of the Management Board. left the Management Board in 2020. Andrey Kostin President and Chairman of the Management Board Term of office in accordance with employment contract: 10 June 2017 to 9 June 2022. Born in 1956 Professional activities: For a detailed biography, see the Corporate Since 2002 — President and Chairman Governance / Supervisory Council section. of the VTB Bank Management Board Andrey Puchkov First Deputy President and Chairman of the Management Board Oversees the legal and administrative areas, as well as work with non-core and bad assets Term of office in accordance with employment contract: 10 June 2017 to 9 June 2022 Born in 1977 Education: Positions in other organisations: 1998 – Lomonosov Moscow State University, specialisation in • Chairman of the Board of Directors of VTB Debt Centre, jurisprudence, with a qualification to practise as a lawyer BM-Bank, Dynamo Management Company, SG-Development and Vozrozhdenie Bank Professional activities: Joined VTB Bank in 2002. Since February 2018, First Deputy Ownership of shares in the Bank as of 31 December 2020: President and Chairman of the Management Board % of ordinary shares ►0.00030% Before February 2018, held the following positions: Deputy % of the charter capital ► 0.00006% President and Chairman of the Management Board, in the Bank’s Legal Department: Deputy Head of Department, Head of Department, Vice President (Head of Department), Senior Vice President (Head of Department) 1999–2002 — Member of the Moscow City Bar Association 1. The members of the Management Board and their biographies are presented as of 31 December 2020. //vtb.com 171 VTB Group Today Management Report Corporate Governance Yuri Soloviev First Deputy President and Chairman of the Management Board Oversees the Corporate-Investment Business global business line Term of office in accordance with employment contract: 10 June 2017 to 9 June 2022 Born in 1970 Education: Positions in other organisations: 1994 – Plekhanov Russian University of Economics, degree • Chairman of the Board of Directors of Dynamo Moscow in economics with a specialisation in international economic Football Club and VTB Leasing; member of the Board of relations Directors of VTB Capital, VTB Capital Holding, VTB Capital 2002 год – London Business School, Master of Business Administration (MBA) IB Holding, VTB Capital Investment Management Holding AG, VTB Capital Private Equity Holding AG, Sogaz, United Professional activities: Grain Company and Demetra-Holding Joined VTB Bank in 2008. Since June 2012, First Deputy President and Chairman of the Management Board Ownership of shares in the Bank as of 31 December 2020 Prior to June 2012, held the following positions: Senior Vice % of ordinary shares ► 0.01819% President, President of VTB Capital % of the charter capital ► 0.00362% 2006–2008 – Head of Investment Banking, First Deputy Chairman of the Management Board, Deutsche Bank 2002–2006 – Director, Head of Eastern European Operations at Deutsche Bank, London Denis Bortnikov Deputy President and Chairman of the Management Board Oversees the Medium and Small Business global business line Term of office in accordance with employment contract: 10 June 2017 to 9 June 2022 Born in 1974 Education: Positions in other organisations: 1996 – St. Petersburg State University of Economics and • Chairman of the Board of Directors, VTB Bank (Belarus), Finance, degree in economics with a specialisation in national VTB Bank (Kazakhstan), West Siberian Commercial Bank economy Professional activities: • Member of the Board of Directors of VTB Capital Holding Joined VTB Bank in 2006. Since November 2011, member and of Vozrozhdenie Bank of the Management Board; Before November 2011, Head of North-Western Regional Centre; Senior Vice President, • Chairman of the Supervisory Council of VTB Bank Chairman of the Management Board, First Deputy Chairman of the Management Board, Deputy Chairman of the (Azerbaijan) Management Board of VTB Bank North-West; Deputy Head of Vneshtorgbank’s St. Petersburg branch • Member of the Board of the Leningrad Regional Chamber 2004–2006 – Advisor to the General Manager and Deputy of Commerce and Industry General Manager of Guta-Bank, North-West branch 1996–2004 – Consultant with the Liquidity Management • Member of the Board of Trustees of the Federal State Department, Consultant with the Transfer Operations Budget Institution of Higher Professional Education St. Department, Consultant with the Department of Financial Instruments, Senior Consultant with the Brokerage Petersburg State University of Economics Department, Chief Acquiring and Authorisation Expert, Head of the Acquiring and Authorisation Department at Industry Ownership of shares in the Bank as of 31 December 2020 and Construction Bank % of ordinary shares ► 0% % of the charter capital ► 0% 172 Annual Report ‘20 Sustainable Development Financial Statements Annexes Olga Dergunova Deputy President and Chairman of the Management Board Term of office in accordance with employment contract: 10 June 2017 to 9 June 2022 Born in 1965 Education: Positions in other organisations: 1987 – Plekhanov Russian University of Economics, degree in • Director of the Higher School of Management economics and mathematics with a specialisation in economic at St. Petersburg State University cybernetics • Member of the Board of Trustees of the Higher School 2014 – Russian Presidential Academy of National Economy of Management at St. Petersburg State University, the and Public Administration, Information Technologies in Russian Academy of Education, the Anatoly Sobchak Public Administration programme International Banking Institute and the National Research University Higher School of Economics Professional activities: • Member of the Management Board of the Forum Joined VTB Bank in 2016. Since July 2016, Deputy President Analytical Centre non-profit foundation and Chairman of the Management Board. 2007–2012 – Member of the Management Board • Member of the Supervisory Council of the Artificial 2012–2016 – Deputy Minister of Economic Development of Intelligence in Industry World-Class Scientific and the Russian Federation and Head of the Federal Agency for Educational Centre State Property Management 2007–2012 – Member of the Management Board of VTB Ownership of shares in the Bank as of 31 December 2020 Bank % of ordinary shares ►0.00000147% 1994–2007 – General Director of Microsoft Rus, President of % of the charter capital ►0.00000029% Microsoft Russia and CIS countries Vadim Kulik Deputy President and Chairman of the Management Board Oversees risk management, operational business support, data analysis and modelling, technological development and IT Term of office in accordance with employment contract: 29 October 2019 to 9 June 2022 Born in 1972 Education: Positions in other organisations: 1995 – Mendeleev Russian University of Chemical Technology, • Director of the Centre for Digital Competencies of the degree in chemical engineering technology with a Russian Presidential Academy of National Economy and specialisation in chemical technology for advanced energy Public Administration materials Professional activities: • Member of the Board of Directors of the National Clearing Joined VTB Bank in 2019. Since October 2019, Deputy Centre President and Chairman of the Management Board September–October 2019 – Advisor to the President and • Member of the Supervisory Council of the Russian National Chairman of the Management Board Reinsurance Company and of the FinTech Development 2017–2019 – Deputy Chairman of the Management Board of Gazprombank Association 2017 – Member of the Management Board, First Deputy Chairman of the Management Board of Otkritie Holding • Member of the Board of Directors of VTB Capital Holding 2012–2017 – Member of the Management Board, Deputy Chairman of the Management Board of Sberbank of Russia Ownership of shares in the Bank as of 31 December 2020 % of ordinary shares ► 0% % of the charter capital ► 0% //vtb.com 173 VTB Group Today Management Report Corporate Governance Valery Lukyanenko Deputy President and Chairman of the Management Board Oversees work with clients from backbone industries Term of office in accordance with employment contract: 10 June 2017 to 9 June 2022 Born in 1955 Education: Counsellor to the President and Chairman of the 2005 – Russian Academy of Public Administration under the Management Board President of the Russian Federation,