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

1.   Yernat Berdigulov, Chairman of the Board of Directors of KEGOC, representative of Samruk-Kazyna.

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

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

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

5.   Alexey Repin, chairman of the Board of Directors of KEGOC.

6.   Almat Zhamiyev, member of the Board of Directors of KEGOC, representative of Samruk-Kazyna.

7.   Kanysh Moldabayev, member of the Board of Directors of KEGOC, chairman of the Management Board of KEGOC.

The meeting of the Board of Directors on 24 June 2022 considered 1 (one) agenda item, 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.   A decision to move to the "Selection" stage for the development of a feasibility study for West Kazakhstan Power System Interconnection project.

The Board of Directors decided to:

1. Approve the transition to the "Selection" stage and start developing a feasibility study for the project West Kazakhstan Power System Interconnection project. Construction of Electric Grid Facilities project with the preliminary parameters of the project, subject to approval by the Investment and Strategic Committee of Samruk-Kazyna.

2. Instruct the Management Board of KEGOC to prepare proposals on how to accelerate the development of a feasibility study for the West Kazakhstan Power System Interconnection project. Construction of Electric Grid Facilities project.

3. The Chairman of the Management Board of KEGOC (Kanysh Moldabayev) to take actions as required by this decision.

PRO: seven;

CON: none;

ABSTAIN: none.