On 20 August 2021

the Board of Directors of KEGOC held a meeting in praesentia

The meeting of the Board of Directors of KEGOC was attended using video conference facilities by:

1. Kanysh Moldabayev, Chairman of the Board of Directors of KEGOC, Director of the Directorate of Energy and Mining Assets of Samruk-Kazyna.

2. Suinshlik Tiyessov, member of the Board of Directors of KEGOC, representative of Samruk-Kazyna.

3. Zhanna Yegimbayeva, member of the Board of Directors of KEGOC, representative of Samruk-Kazyna.

4. Nurlan Akhanzaripov, member of the Board of Directors of KEGOC, independent director.

5. Zhanbota Bekenov, member of the Board of Directors of KEGOC, independent director.

6. Ulf Wokurka, member of the Board of Directors of KEGOC, independent director.

7. Bakytzhan Kazhiyev, member of the Board of Directors of KEGOC, chairman of the Management Board of KEGOC.

The meeting of the Board of Directors on 30 August 2021, considered 2 (two) agenda items, which should be brought to the attention of shareholders and investors in accordance with the List of agenda items approved by the Board of Directors on 13 July 2017 (Minutes No. 6).

1. Approval of the new revision of the Regulations on the Compliance Officer of KEGOC

The Board of Directors made the following decisions:

1. Approval of the new revision of the Regulations on the Compliance Officer of KEGOC

2. Invalidation the Regulations on the Compliance Officer of KEGOC approved by the Board of Directors of KEGOC on 7 September 2017 (Minutes No. 8).

3. The Chairman of Management Board of KEGOC (Mr. Bakytzhan Kazhiyev) shall take appropriate actions arising from this decision.

PRO - seven;

CON - none;

ABSTAIN: none.

2. Amendments to the decision of the Board of Directors of KEGOC (Minutes No. 5 dated 17 May 2021) regarding the agenda item: “Establishment and determination of the number of members, terms of office of the members of the committees of the Board of Directors, election of the chairmen and members of the committees of the Board of Directors of KEGOC”

The Board of Directors made the following decisions:

Amend the decision of the Board of Directors of KEGOC (Minutes No. 5 dated 17 May 2021) regarding the agenda item: “Establishment and determination of the number of members, terms of office of the members of the committees of the Board of Directors, election of the chairmen and members of the committees of the Board of Directors of KEGOC” as follows:

1) clause 4 shall be completed with sub-clause 4) as follows:

"4) Ulf Wokurka, Independent Director, the member of the Committee;";

2) in clause 6-1), replace the words "Nurlan Akhanzaripov" with the words "Ulf Wokurka";

3) clause 6 shall be completed with sub-clause 4) as follows:

"4) Nurlan Akhanzaripov, independent Director, the member of the Committee;";

4) clause 7-1) replace words "Suinshlik Tiyessov, representative of Samruk-Kazyna" with the words "Ulf Wokurka, Independent Director";

5) complete with sub-clause 4) as follows:

“4) Suinshlik Tiyessov, representative of Samruk-Kazyna, the member of the Committee; ".

PRO - seven;

CON - none;

ABSTAIN: none.