Appendices

GRI G4 disclosures		UN Global Compact’s Principles	Section of the Report/Comments	External assurance
General Standard Disclosures
Strategy and Analysis
G4-1	Statement from the most senior decision-maker of the organisation		Chairman’s Statement	√
G4-2	Description of key impacts, risks, and opportunities	Principles 1-10	Priority Business Lines Risk management	√
Organisational profile
G4-3	Name of the organisation		About the Report	√
G4-4	Primary brands, products and/or services		Priority Business Lines Strategic Development Priorities	√
G4-5	Location of organisation’s headquarters		Appendix 13	√
G4-6	Number of countries where the organisation operates		Priority Business Lines Strategic Development Priorities Stakeholder Engagement	√
G4-7	Nature of ownership and legal form		About the Report	√
G4-8	Markets served		Priority Business Lines Strategic Development Priorities Stakeholder Engagement	√
G4-9	Scale of the reporting organisation		Priority Business Lines Investment Management Development of Economic Potential Improving the Investment Climate Investment of Pension Savings Construction of Affordable Housing HR Policy Appendix 9	√
G4-10	Total number of employees by employment contract, staff and non-staff workforce, gender, employment type, etc.	Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy Appendix 2	√
G4-11	Percentage of total employees covered by collective bargaining agreements	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining	As of 31 December 2014, collective bargaining agreements were made with all employees of BelVEB and Prominvestbank, while 51% of Vnesheconombank’s employees were trade union members	√
G4-12	Supply chain	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Priority Business Lines Responsible Business Practices	√
G4-13	Significant changes during the reporting period regarding size, structure, or ownership or supply chain		No significant changes regarding size, structure or ownership were detected in Vnesheconombank and the Group’s entities in 2014	√
G4-14	Precautionary principle	Principle 7. Businesses should support a precautionary approach to environmental challenges	Investment Management Risk Management Green Office The risk management approach described in detail in annual statements for 2014 and the issuer’s reports http://www.veb.ru/en/ifi/rep/annual/	√
G4-15	Externally developed economic, environmental and social charters, principles or other initiatives to which the organisation subscribes or which it endorses		About the Report Investment Management Stakeholder Engagement	√
G4-16	Memberships of associations and/or national or international advocacy organisations		Stakeholder Engagement	√
Identified Material Aspects and Boundaries
G4-17	All entities included in the organisation’s consolidated financial statements		Consolidated financial statements (p. 7)	√
G4-18	The process for defining the report content and the Aspect Boundaries		About the Report Stakeholder Engagement	√
G4-19	List of all the material Aspects identified in the process for defining report content		Stakeholder Engagement	√
G4-20	Description of the Aspect Boundary within the organisation for each material Aspect		Disclosed topics are material for all entities of Vnesheconombank Group unless otherwise specified. Calculations for Energy, Water, Emissions and Effluents and Waste Aspects are based on large offices owned and rented by Group’s entities. Small leased offices with the rental calculated without a breakdown into the cost of resource consumption, waste disposal, etc., were not accounted	√
G4-21	Description of the Aspect Boundary outside the organisation for each material Aspect		Disclosed topics are immaterial outside Vnesheconombank Group unless otherwise specified	√
G4-22	The effect of any restatements of information provided in previous reports and the reasons for such restatements		There are no restatements of information provided in the VEB Group’s Sustainability Report 2013	√
G4-23	Significant changes from previous reporting periods in the Scope and Aspect Boundaries		About the Report	√
Stakeholder Engagement
G4-24	List of stakeholders		Stakeholder Engagement	√
G4-25	Basis for identification and selection of stakeholders with whom to engage		Stakeholder Engagement	√
G4-26	Approach to stakeholder engagement		Stakeholder Engagement	√
G4-27	Key topics and concerns that have been raised through stakeholder engagement		Appendix 10	√
Report Profile
G4-28	Reporting period		01.01–31.12.2014	√
G4-29	Date of most recent previous sustainability report		The VEB Group’s Sustainability Report 2013 was published in 2014	√
G4-30	Reporting cycle		Vnesheconombank Group publishes its sustainability reports on an annual basis	√
G4-31	Contact point for questions regarding the report or its contents		Appendix 13	√
G4-32	GRI Content Index		Appendix 1	√
G4-33	Assurance		About the Report Appendices 11-12	√
Governance
G4-34	Governance structure of the organisation, including committees of the highest governance body		Corporate Governance System	√
Ethics and Integrity
G4-56	Organisation’s values, principles, standards and norms of behaviour such as codes of conduct and codes of ethics	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Responsible Business Practices HR Policy Green Office In Vnesheconombank and most entities of the Group, principles, standards and norms of behaviour are governed by regulatory documents (codes of corporate conduct, codes of ethics and corporate standards, etc.). Employees are trained in business conduct during an onboard course. Some entities of the Group also have in place a relevant online training course	√
Specific Standard Discolsures
EC	Economic
EC-DMA	Disclosures on management approach	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Priority Business Lines Strategic Development Priorities	√
G4-EC1	Direct economic value generated and distributed	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Appendix 9 Charity and Sponsorship Annual Report 2014 Annual reports of Vnesheconombank Group’s entities published on their official websites	√
G4-EC3	Coverage of the organisation’s defined benefit plan obligations	Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy	√
G4-EC4	Financial assistance received from government	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Key Highlights 2014 Priority Business Lines	√
G4-EC5	Ratios of standard entry level wage by gender compared to local minimum wage at significant locations of operation	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy Appendix 8 Salary in Vnesheconombank and the Group’s entities is not conditional upon an employee’s gender. In the Report, the breakdown by country (Russia, Belarus, Ukraine) is used as a breakdown by significant locations of operation of Vnesheconombank Group	√
G4-EC7	Development and impact of infrastructure investments and services supported	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Strategic Development Priorities Investing in Development Development of Economic Potential Improving the Investment Climate Investing in the Community	√
G4-EC8	Significant indirect economic impacts, including the extent of impacts	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Strategic Development Priorities Investing in Development Development of Economic Potential Improving the Investment Climate Investing in the Community	√
ЕN	Environmental
EN-DMA	Disclosures on management approach	Principle 7. Businesses should support a precautionary approach to environmental challenges Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility Principle 9. Businesses should encourage the development and diffusion of environmentally friendly technologies	Green Office	√
G4-EN1	Materials used by weight or volume	Principle 7. Businesses should support a precautionary approach to environmental challenges Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility Principle 9. Businesses should encourage the development and diffusion of environmentally friendly technologies	Green Office	√
G4-EN3	Energy consumption within the organisation	Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility	Green Office Under the GRI guidelines, quantitative data were converted from kW-h and Gcal into GJ using 0.0036 and 4.1868 ratios, respectively	√
G4-EN6	Reduction of energy consumption	Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility	In 2014, total consumption of electricity across Vnesheconombank Group was reduced by 35% and constituted 143,449 GJ	√
G4-EN8	Total water withdrawal by source	Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility	Green Office In 2014, water consumption across Vnesheconombank Group was reduced by 44% and constituted 183,904 cubic metre	√
G4-EN15	Direct greenhouse gas emissions	Principle 7. Businesses should support a precautionary approach to environmental challenges Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility Principle 9. Businesses should encourage the development and diffusion of environmentally friendly technologies	Green Office CO₂ equivalent emissions in relation to electricity consumption and CO₂ equivalent emissions in relation to usage of corporate cars were assessed in line with procedures of European Bank for Reconstruction and Development and guidelines ‘Safeguarding the Ozone Layer and the Global Climate System: Issues Related to Hydrofluorocarbons and Perfluorocarbons’, respectively	√
G4-EN23	Total weight of waste by type and disposal method	Principle 7. Businesses should support a precautionary approach to environmental challenges Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility Principle 9. Businesses should encourage the development and diffusion of environmentally friendly technologies	Green Office In 2014, municipal solid wastes sent by Vnesheconombank Group to landfills were increased by 12% and reached 2,748 tonnes	√
G4-EN29	Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations	Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility	In 2014, neither Vnesheconombank, nor the Group’s entities were liable to any significant fines or non-monetary sanctions for non-compliance with environmental laws and regulations	√
G4-EN30	Significant environmental impacts of transporting products and other goods and materials for the organisation’s operations, and transporting members of the workforce	Principle 7. Businesses should support a precautionary approach to environmental challenges Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility Principle 9. Businesses should encourage the development and diffusion of environmentally friendly technologies	Green Office	√
G4-EN31	Total environmental protection expenditures and investments	Principle 7. Businesses should support a precautionary approach to environmental challenges Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility Principle 9. Businesses should encourage the development and diffusion of environmentally friendly technologies	Green Office	√
LA	Social Labour Practices and Decent Work
LA-DMA	Disclosures on management approach	Principles 1-6	HR Policy	√
G4-LA1	Total number and rates of new employee hires and employee turnover by age group, gender and region	Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy Appendix 3	√
G4-LA2	Benefits provided to full-time employees that are not provided to temporary or part-time employees, by significant locations of operation	Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy Social benefits are offered by Vnesheconombank Group to all staff employees after the probation period	√
G4-LA3	Return to work and retention rates after parental leave, by gender	Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	Appendix 4	√
G4-LA4	Minimum notice periods regarding operational changes, including whether these are specified in collective agreements	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 3. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	In line with the Russian Labour Code, the notice period in Vnesheconombank and the Group’s entities operating in Russia is 2 weeks. In BelVEB and Prominvestbank, the notice period provision is included in collective bargaining agreements	√
G4-LA6	Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities, by region and by gender	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights	HR Policy Appendix 7 In its relations with independent contractors, Vnesheconombank and the Group’s entities are not liable for health and safety of the contractor’s personnel in the work place	√
G4-LA9	Average hours of training per year per employee by gender and by employee category	Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy Prominvestbank calculates average hours of training per year based on the duration of standard trainings and number of employees subject to these trainings	√
G4-LA10	Programmes for skills management and lifelong learning that support the continued employability employees and assist them in managing career endings	Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy	√
G4-LA11	Percentage of employees receiving regular performance and career development reviews, by gender and by employee category	Principle 2. Businesses should make sure that they are not complicit in human rights abuses Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation	HR Policy Appendix 6	√
G4-LA16	Number of grievances about labour practices filed, addressed and resolved through formal grievance mechanisms	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses Principle 6. Businesses should uphold the elimination of discrimination in respect of employment and occupation Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	In 2014, 6 grievances about labour practices were filed by employees of VEB-Leasing and Sviaz-Bank. All grievances were reviewed and resolved in line with Russian labour laws	√
HR	Human Rights
HR-DMA	Disclosures on management approach	Principles 1-6, 10	Responsible Business Practices HR Policy	√
G4-HR3	Total number of incidents of discrimination and corrective actions taken	Principles 1, 2, 6	All employees of Vnesheconombank Group are guaranteed equal rights and opportunities regardless of their gender, religious and political beliefs, ethnic origin and age. In 2014, no cases of discrimination were identified in Vnesheconombank Group	√
G4-HR12	Number of grievances about human rights impacts filed, addressed and resolved through formal grievance mechanisms	Principles 1, 2, 6, 10	In 2014, one grievance about violation of human rights of disabled employees was filed with Sviaz-Bank. The grievance was reviewed, and the organisation took all necessary measures to address the identified breaches	√
SO	Society
SO-DMA	Disclosures on management approach	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses	Responsible Business Practices Stakeholder Engagement	√
G4-SO1	Percentage of operations with implemented local community engagement, impact assessments and development programmes	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses	Projects for Regional Development and Modernisation of Single-Industry Towns Support to SMEs Development of Public Private Partnerships	√
G4-SO3	Total number and percentage of operations assessed for risks related to corruption and the significant risks identified	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Responsible Business Practices In 2014, the Group ran a comprehensive analysis of corruption risks in 77 business units of Vnesheconombank, BelVEB, RDIF and the Far East and Baikal Region Development Fund, or 75% of the total number of business units in these entities	√
G4-SO4	Communication and training on anti-corruption policies and procedures	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Responsible Business Practices Appendix 5 Vnesheconombank Group does not train business partners on anti-corruption policies and procedures	√
G4-SO5	Confirmed incidents of corruption and actions taken	Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	No confirmed incidents of corruption were identified in Vnesheconombank and the Group’s entities in 2014	√
G4-SO8	Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	In 2014, significant fines were imposed on Prominvestbank (RUB 13.25 mn) and Sviaz-Bank (RUB 2.24 mn). The relevant breaches were related to non-compliance with labour laws and non-payments to tax authorities and the Social Security Fund. The fines were paid, and the entities took all necessary steps to address the breaches. No non-financial sanctions regarding Vnesheconombank Group were identified in 2014	√
G4-SO11	Number of grievances about impacts on society filed, addressed and resolved through formal grievance mechanisms	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	No grievances about projects financed by Vnesheconombank Group were filed by local residents in 2014	√
PR	Product Responsibility
PR-DMA	Disclosures on management approach	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses Principle 10. Businesses should work against corruption in all forms, including extortion and bribery	Responsible Business Practices	√
G4-PR5	Results of surveys measuring customer satisfaction	Principle 1. Businesses should support and respect the protection of internationally proclaimed human rights Principle 2. Businesses should make sure that they are not complicit in human rights abuses	Responsible Business Practices	√
FS	Financial Services Sector Supplement
FS-DMA	Disclosures on management approach	Principles 1, 2, 6-9	About the Report Strategic Development Priorities Investment Management Support to Exports Developing HR Potential in the Investment Market Corporate Governance System Risk Management Stakeholder Engagement Green Office In 2014, 21 employees of Vnesheconombank and 76 employees of BelVEB completed a specialised training course on management of social and/or environmental risks and responsible financing. In 2014, Globexbank ran an audit of compliance with environmental and social requirements involving experts from a third-party consultancy	√
G4-FS6	Percentage of the portfolio for business lines by specific region, size (e.g. micro/SME/large) and by sector		Priority Business Lines Strategic Development Priorities Investing in Development Development of Economic Potential	√
G4-FS7	Monetary value of products and services designed to deliver a specific social benefit for each business line broken down by purpose		Priority Business Lines Investing in Development Development of Economic Potential Investment of Pension Savings Construction of Affordable Housing Responsible Business Practices	√
G4-FS8	Monetary value of products and services designed to deliver a specific environmental benefit for each business line broken down by purpose	Principle 8. Businesses should undertake initiatives to promote greater environmental responsibility	Environmentally Important Projects	√

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Item	Vnesheconombank		Other entities of the Group		Vnesheconombank Group
Item	male	female	male	female	male	female
Breakdown of actual headcount by type of employment and gender
Total headcount, including:	934	1,161	4,479	9,356	5,413	10,517
Full-time employees	922	1,144	3,661	7,102	4,583	8,246
Part-time employees	12	17	818	2,254	830	2,271
Non-staff workforce	228	69	173	386	401	455
Breakdown of actual headcount by type of agreement and gender
Total headcount, including:	934	1,161	4,479	9,356	5,413	10,517
Employed under an indefinite-term agreement	922	1,144	3,656	7,099	4,578	8,243
Employed under a fixed-term agreement	12	17	823	2,257	835	2,274
Breakdown of actual headcount by employee category and gender
Total headcount, including:	934	1,161	4,479	9,356	5,413	10,517
Executives	383	357	1,024	1,178	1,407	1,535
Specialists	480	794	2,837	7,485	3,317	8,279
Other employees (technical staff)	71	10	618	693	689	703

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	Total headcount as of 31 December 2014			Total number of newcomers in 2014			Share of newcomers (%) in 2014			Total number of dismissed employees in 2014			Personnel turnover in 2014
	Vnesheconombank	Entities of the Group	Vnesheconombank Group	Vnesheconombank	Entities of the Group	Vnesheconombank Group	Vnesheconombank	Entities of the Group	Vnesheconombank Group	Vnesheconombank	Entities of the Group	Vnesheconombank Group	Vnesheconombank	Entities of the Group	Vnesheconombank Group
Total, including	2,095	13,835	15,930	76	3,042	3,118	3.63	21.99	19.57	216	3,650	3,866	0.10	0.26	0.24
Men	934	4,479	5,413	41	961	1,002	1.96	6.95	6.29	151	1,251	1,402	0.07	0.09	0.09
under 30	200	1,266	1,466	17	524	541	0.81	3.79	3.40	26	560	586	0,01	0.04	0.04
from 31 to 50	473	2,399	2,872	20	386	406	0.95	2.79	2.55	70	475	545	0.03	0.03	0.03
above 50	261	814	1,075	4	51	55	0.19	0.37	0.35	55	216	271	0.03	0.02	0.02
Women	1,161	9,356	10,517	35	2,081	2,116	1.67	15.04	13.28	65	2,399	2,464	0.03	0.17	0.15
under 30	236	3,533	3,769	9	1,226	1,235	0.43	8.86	7.75	20	1,061	1,081	0.01	0.08	0.07
from 31 to 50	697	4,890	5,587	25	770	795	1.19	5.57	4.99	28	1,004	1,032	0.01	0.07	0.06
above 50	228	933	1,161	1	85	86	0.05	0.61	0.54	17	334	351	0.01	0.02	0.02

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Item	Vnesheconombank		Other entities of the Group		Vnesheconombank Group
Item	male	female	male	female	male	female
Total number of employees who took maternity/parental leave in 2014	0	46	0	943	0	989
Total number of employees who stayed with the employer after their return from maternity/parental leave in 2014	1	22	1	243	2	265
Total number of employees who were to return to the employer in 2014 after maternity/parental leave	0	23	1	248	1	271
Ratio of return by employees after maternity/parental leave in 2014 (%)	0	95.7	100	98	200Vnesheconombank keeps records of such employees pursuant to orders granting maternity and / or parental leave to an employee. The excess over 100% is due to the return of an employee from parental leave before a child reaches the age of three.	97.8
Total number of employees who returned to the employer after maternity/parental leave in 2013 and stayed with the employer as of 31 December 2014 (i. e. who worked for more than one year on their return from maternity/parental leave)	0	31	0	137	0	168
Total number of employees who returned to the employer after maternity/parental leave in 2013	0	33	0	218	0	251
Retention ratio of employees after maternity/parental leave in 2014 (%)	0	93.9	0	62.8	0	66.9

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Entity	Number of employees trained in 2014			Share of employees (%) trained in 2014The data is given as a percentage of the actual headcount as of 31 December 2014.
Entity	Executives	Specialists	Other employees (technical staff)	Executives	Specialists	Other employees (technical staff)
Vnesheconombank	672	1,181	1	90.8%	92.7%	1%
SME Bank	1	0	0	3.2%	0%	0%
Globexbank	0	0	0	0%	0%	0%
Sviaz-Bank	0	0	0	0%	0%	0%
BelVEB	0	0	0	0%	0%	0%
Prominvestbank	0	0	0	0%	0%	0%
VEB-Leasing	0	0	0	0%	0%	0%
EXIAR	13	83	0	108.3%The excess above 100% is due to the renewal of EXIAR’s management in 2014.	96.5%	0%
VEB Engineering	0	0	0	0%	0%	0%
VEB Capital	0	0	0	0%	0%	0%
FCPF	0	0	0	0%	0%	0%
RDIF	24	78	0	100%	65.5%	0%
NCDC	0	0	0	0%	0%	0%
The Far East and Baikal Region Development Fund	0	0	0	0%	0%	0%
VEB Innovations Fund	0	0	0	0%	0%	0%
VEB Asia	0	0	0	0%	0%	0%
TOTAL	710	1,342	1	24%	11.6%	0.1%

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Employee category	Vnesheconombank		Other entities of the Group		Vnesheconombank Group
Employee category	male	female	male	female	male	female
Executives	89.8%	90.5%	26.8%	27.8%	43.9%	42.3%
Specialists	The excess above 100% is due to the renewal of Vnesheconombank’s personnel in 2014.110.2%	The excess above 100% is due to the renewal of Vnesheconombank’s personnel in 2014.101.5%	19.8%	13.2%	32.9%	21.7%
Other employees (technical staff)	0%	0%	39.0%	63.8%	35.0%	62.9%

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As a percentage of the actual headcount as of 31 December 2014.

Entity	Gender	Total number of incidents involving injuries	Injury rate	Lost day ratio	Absenteeism ratio
Vnesheconombank	M	0	0	0	29,243.53
Vnesheconombank	F	1	0.11	6.29	32,843.98
SME Bank	M	0	0	0	4,409.36
SME Bank	F	0	0	0	8,333.89
Globexbank	M	1	0.17	4.19	2,253.98
Globexbank	F	0	0	0	5,112.17
Sviaz-Bank	M	1	0.10	10.63	4,073.88
Sviaz-Bank	F	1	0.05	0.68	6,854.16
BelVEB	M	0	0	0	4,580.83
BelVEB	F	0	0	0	8,027.31
Prominvestbank	M	0	0	0	3,581.20
Prominvestbank	F	0	0	0	6,651.32
VEB-Leasing	M	1	0.16	2.03	1,554.64
VEB-Leasing	F	0	0	0	5,089.89
EXIAR	M	0	0	0	4,772.40
EXIAR	F	0	0	0	5,259.60
VEB Engineering	M	0	0	0	732.60
VEB Engineering	F	0	0	0	2,347.07
VEB Capital	M	0	0	0	1,069.94
VEB Capital	F	0	0	0	2,023.79
FCPF	M	0	0	0	6,402.64
FCPF	F	0	0	0	4,943.76
RDIF	M	0	0	0	196.76
RDIF	F	0	0	0	901.93
NCDC	M	0	0	0	0
NCDC	F	0	0	0	163.67
The Far East and Baikal Region Development Fund	M	0	0	0	735.29
The Far East and Baikal Region Development Fund	F	0	0	0	3,985.32
VEB Innovations Fund	M	0	0	0	0
VEB Innovations Fund	F	0	0	0	1,163.47
VEB Asia	M	0	0	0	0
VEB Asia	F	0	0	0	0

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The occupational injury rate, occupational disease rate, lost day ratio and absenteeism ratio are calculated in line with GRI Guidelines using the multiplier of 200,000. The lost day ratio due to occupational injuries was calculated in calendar days from day 1 of the employee’s absence. Vnesheconombank Group does not keep records of minor injuries that only require first medical aid.

Item	Executives	Specialists	Other employees (technical staff)
Vnesheconombank	2.1	1.0	1.0
Other entities of the Group	3.2	1.3	1.2

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The defined minimum wage was calculated based on the regional minimum wage applicable in significant locations of Vnesheconombank Group’s operation in Russia (Moscow, Yessentuki, Khabarovsk Territory, Primorye Territory), Belarus, Ukraine and Hong Kong.

Disclosure components	Values, RUB mn (under consolidated IFRS Statements)
1. Direct economic value generated
Revenues
Interest income	280,335
Net commission fees	8,122
Non-interest income	42,794
2. Economic value distributed
Employee wages and benefits	(24,604)
Interest expenditures	(180,046)
Taxes other than profit tax	(5,171)
Profit tax expenditures	(2,583)
3. Economic value retained
Profit / loss for the reporting period	(249,656)

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№	Stakeholder suggestion	Section featuring the suggestion
1	Include in the Report more details on Vnesheconombank’s green portfolio	Environmentally Important Projects
2	Include in the Report more information on embedding responsible financing principles in the Bank’s investment activities	Investment Management
3	Include in the Report details of the draft Guidelines for Environmental and Social Evaluation of Investment Projects prepared by Vnesheconombank in the Report, including about its key principles and project evaluation criteria	Investment Management
4	Include in the Report more details on developing Vnesheconombank’s relations with international organisations in the new geopolitical context	Stakeholder Engagement and Raising Investments
5	Include in the Report information on key financial indicators of Vnesheconombank Group	Appendix 9
6	Include in the Report information on the results of the joint project by Vnesheconombank and the International Financial Corporation on setting up a mechanism to assess energy efficiency of the Bank’s investment projects	Environmentally Important Projects
7	Extend the list of GRI Indicators disclosed in the Report	Taken into account when preparing the Report
8	Expand the range of stakeholders engaged in the preparation of non-financial reporting and hold a presentation of the Report	Taken into account when preparing the Report

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These suggestions were received from stakeholders at the public hearing of the Report’s concept held in January 2015 and public assurance of Vnesheconombank Group Sustainable Development Report 2013 by Non-Financial Reporting Council of the RUIE.

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State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’

9, Prospekt Akademika Sakharova

Moscow, GSP-6, Russia, 107996

Tel.: +7 (495) 721 18 63

Fax: +7 (495) 721 92 91

www.veb.ru/en

Please e-mail your proposals for the development of the Vnesheconombank Group non-financial reporting practices including comments on this Report’s contents, interaction with stakeholders during the Report preparation to: csr@veb.ru

We will appreciate your opinion!

Appendices

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