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, senior independent director.

3.   Marat Dulkairov, member of the Board of Directors of KEGOC, independent director.

4.   Damir Suyentayev, member of the Board of Directors of KEGOC, independent director.

5.   Kanysh Moldabayev, member of the Board of Directors of KEGOC, representative of Samruk-Kazyna.

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

7.   Nabi Aitzhanov, member of the Board of Directors of KEGOC, chairman of the Management Board of KEGOC.

The meeting of the Board of Directors on 29 September 2023, considered 2 (two) questions 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. On Amendments to P KEGOC 00-205-17-SD Regulations on the Corporate Secretary of Kazakhstan Electricity Grid Operating Company (KEGOC) Joint Stock Company.

The Board of Directors decided to:

1. Approve amendments to P KEGOC 00-205-17-SD Regulations on the Corporate Secretary of Kazakhstan Electricity Grid Operating Company (KEGOC) Joint Stock Company in accordance with the appendix to this decision.

2. Instruct the Human Resources Management Department of KEGOC JSC to inform the Services accountable to the Board of Directors about the need to bring the Regulations on the Internal Audit Service, the Compliance Service and the Ombudsman in line with the Corporate Standard for Human Resources Management of the Samruk-Kazyna Group and the internal regulatory documents of KEGOC JSC.

PRO: seven;

CONTRA: none;

ABSTAIN: none. 

2. On early termination of powers and appointment of the Corporate Secretary of KEGOC JSC, determination of the term of his powers and the amount of the official salary.

The Board of Directors decided to:

1. Early, on September 2, 2023, terminate the powers of Yertay Ramazanov, Corporate Secretary of KEGOC JSC.

2. Appoint Olzhas Imyatov as Corporate Secretary of KEGOC JSC effective on October 4, 2023 and determine his term of office until the expiration of the term of office of the Board of Directors as a whole (until April 27, 2024).

3. Olzhas Imyatov to receive a certificate of completion of the programme for corporate secretaries by April 1, 2024.

4. Determine the official salary of Olhzas Imyatov to be 10% higher than the minimum amount, based on the corresponding grade of the salary scheme of employees of the Internal Audit Service, Compliance Service, Ombudsman, and Corporate Secretary of KEGOC JSC, as detailed in the appendix to this decision.

5. The Chairman of the Management Board of KEGOC (Nabi Aitzhanov) to take actions as required by this decision.

PRO: seven;

CONTRA: none;

ABSTAIN: none.