KEGOC's Board of Directors' meeting was attended by:
1. Almassadam Satkaliyev, chairman of the Board of Directors of KEGOC, Managing Director, Head of Asset Management Directorate, Samruk-Kazyna.
2. Suinshlik Tiyessov, representative of Samruk-Kazyna, member of KEGOC's Board of Directors.
3. Zhanna Yegimbayeva, representative of Samruk-Kazyna, member of KEGOC's Board of Directors.
4. Dominique Fache, member of RTF Board of Directors at Sophia Antipolis Science Park, chairman of RTF Board of Directors, Independent Director.
5. Janusz Bialek, Director of the Skoltech Center for Energy Systems, Independent Director.
6. Yermek Kudabaev, independent director, Managing Director for Economics and Finance of Intelligent Consulting Solutions LLP
7. Bakytzhan Kazhiyev, Chairman of the Management Board of KEGOC
The meeting of the Board of Directors on 28 August 2019 considered 20 agenda items.
The information below is disclosed in accordance with the List of information to be disclosed to the shareholders and investors with regard to the decisions made by the Board of Directors of KEGOC (the list was approved by the Board of Directors on 13 July 2017, Minutes No. 6).
1. Introduction of amendments the KEGOC Development strategy for 2018-2028.
The Board of Directors made the following decisions:
1. To amend the Development strategy of KEGOC JSC for 2018-2028, approved by the Board of Directors of KEGOC on August 24, 2018 (Minutes No. 9).
2. The Chairman of the Management Board of KEGOC (Bakytzhan Kazhiyev) shall ensure the implementation of the Development Strategy of KEGOC for 2018-2028, approved by the Board of Directors of KEGOC on August 24, 2018 (Minutes No. 9).
PRO: seven;
CON - none;
ABSTAIN - none.
2. Approval by the general meeting of shareholders of KEGOC of the new revision of KEGOC's Charter.
The Board of Directors decided to submit to the general meeting of shareholders of KEGOC for approval the new revision of KEGOC's Charter.
PRO: seven;
CONTRA: none;
ABSTAIN - none.
3. Preliminary approval of the interim financial statements of KEGOC as of and for the six months ended June 30, 2019, and the proposal to the General Meeting of Shareholders of KEGOC regarding the distribution of KEGOC’s net income and the amount of dividend per ordinary share of KEGOC for the first half of 2019.
The Board of Directors made the following decisions:
1. Preliminarily approve interim financial statements
of KEGOC as of and for six months ended 30 June 2017
2. Submit for consideration by the General Meeting of Shareholders of KEGOC the agenda item of “Approval of the interim financial statements of KEGOC as of and for the six months ended June 30, 2019".
3. Propose to the general meeting of shareholders of KEGOC to allocate 77.3626455245203% of net income for H1 2019 in the amount of KZT 17,464,106,633.70 (seventeen billion four hundred sixty-four million one hundred six thousand six hundred thirty-three tenge 70 tiyin) to all holders of ordinary shares of KEGOC, which will make KZT 67.17 (sixty-seven tenge 17 tiyn) per one ordinary share.
PRO: seven;
CONTRA: none;
ABSTAIN - none.
4. Convocation of an extraordinary General Meeting of KEGOC's Shareholders.
The Board of Directors made the following decisions:
1. Convene the extraordinary General Meeting of Shareholders of KEGOC using mixed voting on 25 October 2019 at 11.30 am at the address: Nur-Sultan city, Almaty district, Tauelsizdik Avenue, building 59.
2. Determine the date of repeated extraordinary General Meeting of Shareholders of KEGOC (if the first extraordinary General Meeting of Shareholders of KEGOC is invalid due to lack of quorum) as 26 October 2019 on 11.30 at the address specified in paragraph 1 of this decision.
3. Approve the following agenda of the extraordinary General Meeting of Shareholders of KEGOC as follows:
1) Approve the annual financial statements,
of KEGOC as of and for six months ended 30 June
2019, the distribution of the net income and decision to pay dividends on ordinary shares and the amount of the dividends per one ordinary share of KEGOC for the first half of 2019.
2) approve the new revision of KEGOC's Charter;
3) 'Amendments of the number of members of the Counting Board
of KEGOC approved by the decision of the General Meeting of Shareholders of KEGOC on April 27, 2018 (Minutes No. 8);
4. Mr Bakytzhan Kazhiyev, the Chairman of the Management Board of KEGOC, shall take the necessary measures to implement this decision.
PRO: seven;
CONTRA: none;
ABSTAIN: none.
5. Review the Progress report for H1 2019 on KEGOC's Development strategy for 2018-2028.
The Board of Directors decided to take a note of the Progress report for H1 2019 on KEGOC's Development strategy for 2018-2028.
PRO: seven;
CONTRA: none;
ABSTAIN - none.
6. Propose to the General Meeting of Shareholders of KEGOC to approve the amendments to the number of members of KEGOC's Counting Board.
The Board of Directors made the following decisions:
Propose to the General Meeting of Shareholders of KEGOC to approve the amendments to the number of members of KEGOC's Counting Board.
1) early terminate the powers of the Chairman and the following members of the Counting Board of KEGOC (hereinafter referred to as the Counting Board):
Shayakhmet Tokubayev, Chairman of the Counting Board;
Counting Board members:
Daniyar Shugayev;
Arman Meyrzhanov;
Asset Satymbetov;
Altynay Koshanova;
2) elect the following candidates as the Chairman and members of the Counting
Board with the term of office of the Counting Board in general;
Arman Meyrzhanov, Chairman of the Counting Board;
Counting Board members:
Olzhas Imyatov;
Anuar Sadykbayev;
Nurgul Moldybayeva;
Aizhan Smagulova.