On 27 February 2024 the Board of Directors of KEGOC held a meeting in praesentia

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 27 February 2024, considered                         5 (five) question 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. Amendments to the quantitative composition of the Counting Commission of the General Meeting of Shareholders of KEGOC JSC.

The Board of Directors made the following decision:

1. To preliminarily approve and submit for consideration by the General Meeting of Shareholders of KEGOC amendments to the quantitative composition of the Counting Commission of the General Meeting of Shareholders of KEGOC.

2. The Chairman of the Board of KEGOC (Nabi Aitzhanov) to take the necessary measures related to the implementation of this solution.

PRO: seven;

CONTRA: none;

ABSTAIN: none.

2. Preliminary review of the new revision of the Corporate Governance Code of KEGOC.

The Board of Directors adopted the following decision:

1. To preliminarily approve and submit for consideration by the General Meeting of Shareholders of KEGOC the new revision of the Corporate Governance Code of KEGOC in accordance with the appendix to this decision.

2. The Chairman of the Management Board of KEGOC (Nabi Aitzhanov) to take the necessary measures related to the implementation of this decision.

PRO: seven;

CONTRA: none;

ABSTAIN: none.

3. Granting consent to a member of the Board of Directors of KEGOC to work as an independent director on the Supervisory Board of FSC RES LLP.

The Board of Directors has resolved to grant approval for a member of the Board of Directors of KEGOC, Kanysh Moldabaev to work as an independent director on the Supervisory Board of FSC RES LLP staring from December 27, 2023.

PRO: seven;

CONTRA: none;

ABSTAIN: none.

4. Approval of the Professional Development Plan for members of the Board of Directors of KEGOC for 2024.

The Board of Directors made the following decision:

1. To approve the Professional Development Plan for the members of the Board of Directors of KEGOC for 2024 in accordance with the appendix to this decision.

2. Corporate Secretary Olzhas Imyatov to take the necessary measures related to the implementation of this decision.

PRO: seven;

CONTRA: none;

ABSTAIN: none.

5. Approval of amendments to the Regulations on the Audit Committee of the Board of Directors of KEGOC.

The Board of Directors made a decision to approve amendments to the Regulations on the Audit Committee of the Board of Directors of Kazakhstan Electricity Grid Operating Company (KEGOC) joint-stock company N KEGOC ID-214-18.

PRO: seven;

CONTRA: none;

ABSTAIN: none.