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 April 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. Approval of the Annual Report of KEGOC for 2023.
The Board of Directors made the following decision:
1. To approve the Annual Report of KEGOC for 2023, in accordance with the appendix to this decision.
2. To include the Audited Annual Financial Statements of KEGOC and management's comments on the financial results of operations after the approval by the Annual General Meeting of Shareholders of KEGOC of the audited annual financial statements of KEGOC for 2023.
3. The Chairman of the Board of KEGOC (Nabi Aitzhanov) to take the necessary measures related to the implementation of this decision.
PRO: seven;
CONTRA: none;
ABSTAIN: none.
2. Increasing the liabilities of KEGOC by an amount of 10 (ten) percent or more of its equity capital.
1. To approve an increase in the liabilities of KEGOC by an amount of 10 (ten) percent or more of its equity capital by concluding a loan agreement(s) with the European Bank for Reconstruction and Development, as well as, if possible, with the Development Bank of Kazakhstan JSC for the amount including the principal debt up to KZT 141.26 billion, interest and other payments payable to KEGOC JSC in accordance with the loan agreement(s) on the following conditions:
1) the loan term of 15-20 years;
2) the amount of borrowed funds up to KZT 141.26 billion;
3) the interest rate of the European Bank for Reconstruction and Development TONIA + margin of 3% per annum, JSC «Development Bank of Kazakhstan» - 9% per annum.
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. Approval of key parameters and decision-making on the transition to «Definition» and «Implementation» stages of ‘West Kazakhstan Power System Interconnection Project. Construction of Power Grid Facilities’.
The Board of Directors made the following decision:
1. To approve the key parameters of the project to combine the energy system of ‘West Kazakhstan Power System Interconnection Project. Construction of Power Grid Facilities’ in accordance with the conclusion of «Gosexpertiza» RSE on the feasibility study report for the project in accordance with the appendix to this decision.
2. Approve the transition to the «Definition» and «Implementation» stages with the conclusion of an EPC contract (turnkey contract).
PRO: seven;
CONTRA: none;
ABSTAIN: none.
4. Early termination of powers and election of a member of the Board of Directors of Energoinform JSC.
The Board of Directors made the following decision:
1. To early terminate the powers of a member of the Board of Directors of Energoinform JSC, Stanislav Shabanov, from 4 April 2024.
2. To elect Alibek Boshanov as a member of the Board of Directors of Energoinform JSC as a representative of KEGOC effective since April 29, 2024 for a period until the expiration of the term of office of the Board of Directors of Energoinform JSC as a whole (until February 1, 2025).
3. Chairman of the Board of Directors of Energoinform Sergey Katyshev to take the necessary measures related to the implementation of this decision.
4. This decision is considered to be the decision of the Sole Shareholder of Energoinform JSC in accordance with paragraph 5 of Article 35 of the Law of the Republic of Kazakhstan "On Joint Stock Companies".
PRO: seven;
CONTRA: none;
ABSTAIN: none.
5. On determining the term of office of the Ombudsman of KEGOC JSC
The Board of Directors made the following decision:
1. To determine the term of office of the Ombudsman of KEGOC, Yerbol Makin from June 1, 2024 to May 31, 2026.
2. To the Chairman of the Management Board of KEGOC (Nabi Aitzhanov) to take the necessary measures arising from this decision.
PRO: seven;
CONTRA: none;
ABSTAIN: none.