The Bank may pay quarterly, semi-annually (hereinafter referred to as interim), and/or annual dividends. The decision on the payment of annual dividends is made by the Bank’s General Meeting of Shareholders upon the recommendation of the Bank’s Board. The General Meeting determines the amount of the annual dividends, as well as the procedure and conditions for their payment. The timing of the payment of annual dividends is established either in the Bank’s Charter or by a decision of the General Meeting regarding the payment of dividends.

Decisions on the payment and determination of the amount of annual dividends are made by a simple majority of the votes of the shareholders participating in the General Meeting.

The decision on the payment of interim dividends is made by the Bank’s Board. The Board determines the amount of interim dividends, as well as the procedure and conditions for their payment.