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 - Professor at Newcastle University (UK) and Skolkovo Institute of Science and Technology Skoltech (Russia), independent director.
6.Bakytzhan Kazhiyev, Chairman of the Management Board of KEGOC.
Yermek Kudabayev, an independent director, was absent due to temporary disability.
The Board of Directors' meeting on 30 November 2019 considered 30 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.Approval of amendments to Р СУР KEGOC 00-200-14-СД Guidelines. Risk management system
The Board of Directors decided to approve the amendments to Р СУР KEGOC 00-200-14-СД Guidelines. Risk management system.
PRO: six;
CON: none;
ABSTAIN: none.
2.Review of the Progress Report on implementation of major investment projects in Q3 2019.
The Board of Directors decided to take the note of the Major Investment Project Progress Report for Q3 2019.
PRO: six;
CON: none;
ABSTAIN: none.
3.Approve KEGOC's interim financial statements as of and for nine months ended on 30 September 2019.
The Board of Directors made a decision to accept approve KEGOC's interim financial statements as of and for nine months ended on 30 September 2019.
PRO: six;
CON: none;
ABSTAIN: none.
4.Approve amendments to П KEGOC 00-313-16-СД Regulations on KEGOC Management Board.
The Board of Directors decided to approve the amendments to KEGOC 00-313-16-СД Regulation on KEGOC Management Board, approved by the decision of the Board of Directors on 9 December 2016 (Minutes No. 14).
PRO: six;
CONTRA: none;
ABSTAIN: none.
5.Approval of the overall number of employees of KEGOC Executive Administration (head office).
The Board of Directors made the following decisions:
1.Approve the overall number of employees in KEGOC Executive Administration (head office) totalling to 382 employees.
2.Nullify Clause 1.2 of the decision of KEGOC's Board of Directors dated 25 January 2019 (Minutes No. 1) on ‘Amendment of the Organizational Structure and approval of the total staff number for KEGOC's Executive Administration (head office)’.
3.Paragraphs 1 and 2 of this decision shall enter into force on 1 January 2020.
PRO: six;
CONTRA: none;
ABSTAIN: none.
6.Approval of the amendments to the Regulations on the KEGOC Internal Audit Service;
The Board of Directors decided to approve the amended Regulations on the KEGOC Internal Audit Service;
PRO: six;
CON: none;
ABSTAIN: none.
7.Approval of amendments to KEGOC's Information Security Development Programme for 2018-2022
The Board of Directors decided to approve amendments to KEGOC's Information Security Development Programme for 2018-2022.
PRO: six;
CONTRA: none;
ABSTAIN: none.
8.Submission of the issue ‘Approval of the new revision П KEGOC ИД-202-17-ОСА Regulation on the Board of Directors of KEGOC for consideration to the General Meeting of Shareholders of KEGOC
The Board of Directors decided to submit the new revision П KEGOC ИД-202-17-ОСА Regulation on the Board of Directors of KEGOC to the General Meeting of Shareholders of KEGOC for approval.
PRO: six;
CON: none;
ABSTAIN: none.
9.Approval of the new revision of П KEGOC ИД-203-19-СД Regulations on the Nomination and Remuneration Committee of the Board of Directors of KEGOC.
The Board of Directors made the following decisions:
1.Approve of the new revision of П KEGOC ИД-203-19-СД Regulations on the Nomination and Remuneration Committee of the Board of Directors of KEGOC.
2.Nullify the the Regulations on the Nomination and Remuneration Committee of the Board of Directors of KEGOC approved by the Board of Directors on 10 October 2013 (Minutes No. 9).
PRO: six;
CONTRA: none;
ABSTAIN: none.
10.Approval of the new revision of П KEGOC ИД-206-19-СД Regulations on the Strategic Planning and Corporate Governance Committee of the Board of Directors of KEGOC.
The Board of Directors made the following decisions:
1.Approve the new revision of П KEGOC ИД-206-19-СД Regulations on the Strategic Planning and Corporate Governance Committee of the Board of Directors of KEGOC.
2.Nullify the the Regulations on the Strategic Planning and Corporate Governance Committee of the Board of Directors of KEGOC approved by the Board of Directors on 10 October 2013 (Minutes No. 9).
PRO: six;
CON: none;
ABSTAIN: none.
11.Approval of the new revision of П KEGOC ИД-207-19-СД Regulations on the Occupational Health, Safety and Environmental Protection Committee of the Board of Directors of KEGOC.
The Board of Directors made the following decisions:
1.Approve of the new revision of П KEGOC ИД-207-19-СД Regulations on the Occupational Health, Safety and Environmental Protection Committee of the Board of Directors of KEGOC.
2.Nullify the Regulations on the Occupational Health, Safety and Environmental Protection Committee of the Board of Directors of KEGOC approved by the Board of Directors on 9 December 2016 (Minutes No. 14).
PRO: six;
CON: none;
ABSTAIN: none.
12.Approval of the new revision of ПР KEGOC ИД-409-19-СД Rules. Procedure for approval by KEGOC Board of Directors of working and/or holding positions in other organizations by the members of KEGOC Board of Directors, the Management Board and other employees appointed by the KEGOC Board of Directors.
The Board of Directors made the following decisions:
1.Approve the new revision of ПР KEGOC ИД-409-19-СД Rules. Procedure for approval by KEGOC Board of Directors of working and/or holding positions in other organizations by the members of KEGOC Board of Directors, the Management Board and other employees appointed by the KEGOC Board of Directors.
2.Nullify the rules on Procedure for approval by KEGOC Board of Directors of working and/or holding positions in other organizations by the members of KEGOC Board of Directors (except for independent directors and directors, who are public servants), the Management Board and other employees appointed by the KEGOC Board of Directors as these rules were approved by the Board of Directors on 24 July 2008 (Minutes No.6)
PRO: six;
CON: none;
ABSTAIN: none.
13.Early termination of powers of a member of the Management Board of KEGOC, a member of the Supervisory Board of FSC RES.
The Board of Directors made the following decisions:
1.Early terminate on 14 January 2020 the powers of a member of the Management Board of KEGOC Askerbek Kuanyshbayev, Managing Director for Strategy and Development of KEGOC, based on the application filed on the initiative of the employee.
2.Early terminate on 14 January 2020, the powers of a member of the Supervisory Board of FSC RES LLP Askerbek Kuanyshbayev, Managing Director for Strategy and Development of KEGOC JSC.
3.Clause 2 of this decision shall be considered as the decision of the Sole Participant of the FSC RES LLP.
PRO: six;
CON: none;
ABSTAIN: none.