COMPARATIVA CON LA NORMATIVA REGULADORA

Even during crisis conditions and after taking strin- gent measures to reduce general administrative ex- penses, these efforts were not fully frozen. There is a certainty that the modeling of the post-crisis fu- ture and achievement of high performance results are not the result of circumstances but are made possible by own task-oriented efforts and system work including preserving and expanding HR po- tential.

In the near-term, HR relations will be developed in line with the general development strategy for Gazprombank’s business per the HR management policy approved for 2008–2011. The top prior- ity of the policy is the most effective utilization of

the Bank’s HR capital. For these purposes, incen- tives are provided for effective performance, im- proving the professionalism and skills of employ- ees, ensuring effective interaction and exchange of experience and information, optimizing personnel costs and increasing the degree of the employer’s social responsibility.

The Bank’s employees are the Bank’s main “intan- gible asset”, the value of which must only increase over the years. The commitment of Gazprombank’s shareholders and management to that principle will continue to improve its competitive strength and strengthen its leading positions in the financial sec- tor of the national economy.

cUMULATivE AvERAGE ANNUAL GROwTh RATE iN AssETs ANd EMPLOyEE hEAdcOUNT, By TiMEs

AGE sTRUcTURE Of ThE BANK’s sTAff As Of yEAR-ENd 2009, %

● Growth rate in average annual assets

● Growth rate in average number of employees

● under 30 25 ● From 30 to 40 38 ● From 40 to 50 24 ● Over 50 13 2009/ 2004 6 7 6.7 1.7 5.1 1.5 3.2 1.4 2.4 1.2 1.5 1.1 1.0 2 3 4 5 1 2004 2005/ 2004 2006/ 2004 2007/ 2004 2008/ 2004 13% 25% 24% 38%

Gazprombank not only provides support to the key sectors of economy but also participates in the pres- ervation and development of spiritual and cultural values by supporting significant projects and en- deavors. In 2009, the Bank implemented more than 130 charities and sponsored targeted projects to support low-income segments of the population, cultural, scientific and educational institutions, so- cial organizations and funds, the Russian Orthodox Church, sport teams and clubs, and a number of fo- rums and conferences.

Gazprombank considers its support for low-income segments of the population an integral part of its charitable activities. For this purpose, cooperation has been established with charitable organizations operating throughout the country. An important component of that activity is providing support to veterans of the Great Patriotic War and veterans of work, as well as to disable persons.

One of the top-priority missions is supporting or- phaned children. Real financial aid is provided to or- phanages in many regions of Russia. These include Otrada, a shelter care facility for girls attached to the Sviato-Nikolayevsky Chernoostrovskiy Convent in Maloyaroslavets, the Saltikovo Orphanage in Balashikha (Moscow region), the charity school at- GAzPROMBANK CONSIDERS ITS SuPPORT FOR LOw-INCOME SEGMENTS OF THE POPuLA- TION AN INTEGRAL PART OF ITS CHARITABLE ACTIvITIES

tached to the Sviato-Nikolo-Shartomsky Monastery in the Ivanovo region, the Kondrovo Orphanage in the Kaluga region, the Filimonkovsky Boarding School for Mentally Retarded and Orphaned Chil- dren in the Moscow region, as well as a number of other children’s institutions to which support is pro- vided via the Bank’s branch network.

A special place in Gazprombank’s charitable ef- forts is occupied by the construction of family homes in Pskov. Throughout the duration of many years, the Bank has been one of the strategic donors to the Interregional Charitable Public Organization of Children Villages — SOS Russian Committee. It is participating in the construction of two family homes which will be used to accommodate 90 or- phaned children.

Financial aid is allocated each year to provide chari- table support to seriously ill children. A mandatory segment is the provision of support to children hav- ing oncological diseases. As a permanent participant in the All-Russian Charity Event Under the Flag of the Kindness!, the Bank facilitates the necessary fund raising to provide targeted medical aid to children who need very expensive surgical interventions and other extraordinary methods of treatment.

The Bank’s commitment to the ideas of charity also manifests itself through affording Gazprom- bank officers an opportunity to personally par- ticipate in the project implementation process. During the past six years, as part of the annual event Help Children!, the Bank has provided sup- port to many children who needed bare essentials such as treatment, cloths and summer vacations.

charity and sponsorship

Thus, in late 2009, the Bank’s officers arranged for targeted New Year’s gifts for children from the Fili- monkovsky Boarding School. The long dreams of almost 60 ill children had come true — orthopedic footwear, appliances, bicycles, snowboards, etc. were purchased.

The Bank promotes historical and cultural projects. The most significant include providing support for the development of the State Museum Moscow Kremlin, studio schools of the Moscow Chekhov Art Theatre, Sviatoslav Richter’s Fund and interaction with State Pushkin Museum of Fine Art. Understanding the special importance of upgrading the educational and training system for preparing skilled specialists, the Bank provides charitable aid to various types of institutions of general educa- tion as well as to institutions of continuing, second- ary and higher professional education.

For many years, financial aid has been provided to the Moscow School of Economics in the Lomonosov Moscow State University, State University — Higher School of Economics, Plekhanov Russian Academy of Economics, Saint-Petersburg State University of Economics and Finances (FINEK), Saint-Petersburg State University of Engineering and Economics, etc. The students of 8 institutes of higher education re- ceive personal scholarships. The Bank representa- tives are among the members of the guardianship boards of several institutions of higher education. The event Gazprombank’s Working Scholars coin- ciding with the Bank’s 20th _{anniversary is aimed at} popularizing trade specialties with in the profes- sional education system. The project encompasses 23 primary and secondary educational institutions in 16 cities across our country. More than 1,600 stu- dents have taken part in the contests of professional skills, and winners will receive personal scholar- ships from the Bank.

Understanding the social importance of the Russian Orthodox Church and its role in shaping the spir- itual culture of society, the Bank provides financial support to orthodox cloisters and public organiza-

tions. The support is oriented toward monasteries and small temples, orphanages and public religious organizations, and is intended for reconstructing sacred places elsewhere in Russia.

Large-scale restoration work is ongoing to restore the temple complex of the Valaamsy Monastery. Significant funds have been transferred for restor- ing the temples of the Solovetsky Monastery and the Marfo-Mariinskaya Tenement complex, as well as for reconstructing the Sretensky Monastery in Moscow. Aid is also provided to small temples in the Pskov, Moscow and other regions.

The Bank is actively participating in the work of the Guardianship Board which was established to publish the Orthodox Encyclopedia, and has be- come one of the first commercial organizations to join the project which publishes 2 to 3 volumes per year.

Welcoming a healthy lifestyle, Gazprombank sup- ports the most outstanding sport projects as well as the high achievement sports which improve the country’s image on the international stage and facilitates the development of wide public interest in physical exercise and sports.

Providing support to bicycling, the Bank is a mem- ber of the Board of Trustees for the Cycling De- velopment and Support Fund. Last year the Bank sponsored the Katiusha team which has won many international and national contests.

In 2009, Gazprombank became the general spon- sor of the Saint-Petersburg closing ceremony for the 9-month Volvo Ocean Race 2008-09, a round- the-world sailing regatta which is the largest and most prestigious project in yachting. Through- out many years, the Bank has provided support to the Russian Dancing Union and its ongoing activi- ties including European and Russian championships and the World Cup.