The Board of Directors of KEGOC held a meeting on 26 August 2022 

The meeting of the Board of Directors of KEGOC was attended by:

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

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

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

4.   Damir Suyentayev, 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 26 August 2022, considered 4 (four) 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.   Consideration of the Major Investment Project Progress Report for Q2 2022.

The Board of Directors decided to take the note of the Major Investment Project Progress Report for Q2 2022.

PRO: seven;

CON: none;

ABSTAIN: none.

2.   Changes to the Organisational Structure of Executive Administration of KEGOC JSC

The Board of Directors decided to:

1. Approve and put into effect on 1 October 2022 the changes to the Organizational Structure of the Executive Administration approved by the Board of Directors' decision dated 30 November 2021 (Minutes No. 13).

2. Kanysh Moldabayev to take the necessary measures arising from this decision, including compliance with the labour laws of the Republic of Kazakhstan in relation to changes in working conditions or terminated positions of the employees.

PRO: seven;

CON: none;

ABSTAIN: none.

3.        Changes to the membership of the committees of the Board of Directors of KEGOC.

The Board of Directors decided to:

1. Early terminated the office of:

1) Zhanbota Bekenov, the Chairman of the Audit Committee, member of the Nomination and Remuneration Committee of the Board of Directors of KEGOC starting the date of termination of his powers as a member of the Board of Directors of KEGOC, i.e., 25 June 2022;

2) Yerzhan Dyussenov, non-voting expert of the Nomination and Remuneration Committee, the Strategic Planning and Corporate Governance Committee, and the Occupational Health, Safety, and Environmental Protection Committee of the Board of Directors of KEGOC;

3) Saken Pirmakhanov, non-voting expert of the Audit Committee.

2. Elect:

1) Damir Suyentayev as the Chairman of the Audit Committee, member of the Nomination and Remuneration Committee of the Board of Directors of KEGOC;

2) Syrym Tyutebayev as a non-voting expert of the Nomination and Remuneration Committee, the Strategic Planning and Corporate Governance Committee, and the Occupational Health, Safety, and Environmental Protection Committee of the Board of Directors of KEGOC.

3) Yernar Mynzhanov as a non-voting expert of the Audit Committee.

PRO: six;

CONTRA: none;

ABSTAIN: none.

4.   Changes to the terms and conditions of the second bond issue within the limits of the second Bond Programme of KEGOC.

The Board of Directors decided to:

1. Approve changes to the terms and conditions of the second bond issue within the limits of the second Bond Programme of KEGOC, approved by the Board of Directors of KEGOC (Minutes No. 7 dated 25 June 2021).

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

PRO: seven;

CON: none;

ABSTAIN: none.