On 1 April 2023 the Board of Directors of KEGOC held a meeting in preasentia
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 1 April 2023, considered 6 (six) 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 financial statements for the year ended 31 December 2022, distribution of the net income, decision to pay dividends on ordinary shares and approval of the amount of the dividend per one ordinary share of KEGOC for H2 2022.
The Board of Directors decided to:
1. Preliminarily approve the financial statements of KEGOC for the year ended 31 December 2022 in accordance with the appendix hereto.
2. Submit for approval by the General Meeting of Shareholders of KEGOC the agenda item: “Approval of the financial statements for the year ended 31 December 2022, distribution of the net income, decision to pay dividends on ordinary shares and approval of the amount of the dividend per one ordinary share of KEGOC for H2 2022”.
3. Propose to the General Meeting of Shareholders of KEGOC allocate 100% of net income for H2 2022 in the amount of KZT 12,735,209,000 (twelve billion seven hundred thirty-five million two hundred nine thousand tenge 00 tiyn), as well as a part of retained earnings of previous periods in the amount of KZT 418,120,679.90 (four hundred eighteen million one hundred twenty thousand six hundred seventy-nine tenge 90 tiyn), in the total amount of KZT 13,153,329,679.90 (thirteen billion one hundred fifty-three million three hundred twenty-nine thousand six hundred seventy-nine tenge 90 tiyn) to all holders of ordinary shares of KEGOC, which per one ordinary share will amount KZT 50.59 (fifty tenge 59 tiyn).
4. Propose to the General Meeting of Shareholders of KEGOC:
- snap the list of KEGOC's shareholders entitled to obtain dividends on KEGOC's ordinary shares for H2 2022, on 12 May 2023, 00.00 am.
- determine 15 May 2023 as the date to commence payment of dividends on ordinary shares of KEGOC for H2 2022.
5. The Chairman of the Management Board of KEGOC (Kanysh Moldabayev) to take actions as required by this decision.
PRO: seven;
CON: none;
ABSTAIN: none.
2. Preliminarily review claims from the shareholders in relation to KEGOC's activities and its officers and results of consideration of such claims.
The Board of Directors decided to:
1. Take note of the absence of claims from the shareholders in relation to activities of KEGOC and its officers.
2. Present this information for consideration by the annual General Meeting of KEGOC Shareholders.
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.
3. Convene the annual General Meeting of KEGOC Shareholders.
The Board of Directors decided to:
1. Call the annual General Meeting of Shareholders of KEGOC using praesentia voting on 2 May 2023 at 11.30 am at the address: 59, Tauyelsizdik Ave., Almaty district, city of Astana;
2. Determine the date of a repeated annual General Meeting of Shareholders of KEGOC (if the first annual General Meeting of Shareholders of KEGOC is invalid due to lack of quorum) as 3 May 2023 on 11.30 at the address specified in paragraph 1 of this decision.
3. Include in the agenda to the annual General Meeting of Shareholders the following items:
- Approval of the financial statements for the year ended 31 December 2022, distribution of the net income, decision to pay dividends on ordinary shares and approval of the amount of the dividend per one ordinary share of KEGOC for H2 2022;
- Approval of amendments to П KEGOC ИД-215-19-ОСА “Regulations on the Board of Directors of Kazakhstan Electricity Grid Operating Company (KEGOC) joint stock company;
- Review of claims from the shareholders in relation to operations of KEGOC and its officers and results of consideration of such claims;
4. Snap the list of KEGOC's shareholders entitled to participate in the General Meeting of Shareholders on 7 April 2023.
5. The Chairman of the Management Board of KEGOC (Kanysh Moldabayev) to take actions as required by this decision.
PRO: seven;
CON: none;
ABSTAIN: none.
4. Approve KEGOC's Development Plan (Strategy) for 2023-2032.
The Board of Directors decided to:
1. Approve KEGOC's Development Plan (Strategy) for 2023-2032 in accordance with the Appendix hereto.
2. Recognize null and void KEGOC's Development Strategy 2022-2031 approved by the decision of the Board of Directors on 21 December 2021 (Minutes No. 14).
3. Kanysh Moldabayev, the Chairman of the Management Board of KEGOC, shall take measures arising out of this decision under the established procedure.
PRO: seven;
CON: none;
ABSTAIN: none.
5. Approval of amendments to the Regulations on the Management Board of KEGOC.
The Board of Directors decided to:
1. Approve the amendments to П KEGOC 00-313-16-СД Regulations on the Management Board of KEGOC and put them into effect from the date of adoption of this decision in accordance with the appendix hereto.
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.
6. Take a note of the Major Investment Project Progress Report for Q2 2022.
The Board of Directors decided to take the note of KEGOC's Major Investment Project Progress Report for Q4 2022.
PRO: seven;
CON: none;
ABSTAIN: none.