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.   Miras Kiyakov, 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 31 January 2025, considered 2 (two) 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. Conclusion of non-arm’s length transactions by signing contracts for operation and maintenance of equipment for 2025.

The Board of Directors made decision to approve the following:

1. KEGOC, in accordance with the established procedure, to conclude non-arm’s length transactions for operation and maintenance of equipment for 2025:

1) between Aktyubinskiye MES branch of KEGOC and Batys Transit JSC for maintenance of equipment of Batys Transit JSC installed at 220 kV outdoor switchgear of 500 kV Ulke SS and 220 kV overhead transmission lines: Ulke - KazChrome 1 and Ulke–KazChrome 2;

2) between Aktyubinskiye MES branch of KEGOC and Batys Transit JSC for maintenance on the equipment of Batys Transit JSC installed at 500 kV outdoor switchgear of 500 kV Ulke SS and 500 kV Zhitikara – Ulke overhead transmission line;

3) between Sarbaiskiye MES branch of KEGOC and Batys Transit JSC for maintenance of equipment of Batys Transit JSC installed at 500 kV outdoor switchgear of 500 kV Zhitikara SS and 500 kV Zhitikara – Ulke overhead transmission line;

2. The Chairman of the Board of KEGOC (Nabi Aitzhanov) to take the necessary measures arising from this decision.

PRO: three;

CONTRA: none;

ABSTAIN: none.

2. Approval of the Professional Development Plan for members of the Board of Directors of KEGOC for 2025.

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 2025 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.