The Annual General Meeting of KEGOC shareholders was held on April 27, 2021, which approved the annual financial statements for 2020, according to which the consolidated net income amounted to 53.5 billion tenge.

The shareholders decided to pay 74% of KEGOC net income for 2020 (90% of non-consolidated profit) as dividends. The final amount of dividends to be distributed (less the dividends paid for the first half of 2020) for all holders of KEGOC ordinary shares will amount to 19.5 billion KZT, or 75.01 KZT per one ordinary share. The shareholders decided to keep the remaining amount of KZT 13.9 billion (26% of KEGOC net income for 2020) at the disposal of the company and use it for development.

The list of KEGOC shareholders entitled to receive dividends on KEGOC ordinary shares for 2020 will be finalised on 00:00 a.m. on 11 May 2021. The start date of dividend payment will be May 12, 2021.

The general meeting of shareholders elected new membership of KEGOC Board of Directors:

Kanysh Moldabayev, representative of the Fund, Director of Energy and Mining Assets Directorate of Samruk-Kazyna JSC;

Suinshlik Tiyessov, representative of Samruk-Kazyna;

Zhanna Yegimbayeva, representative of Samruk-Kazyna;

Nurlan Akhanzaripov - independent director;

Bekenov Zhanbota Temirgalievich, independent director; 

Bakytzhan Kazhiyev, Chairman of the Management Board of KEGOC.

Mr. Moldabayev was elected the Chairman of KEGOC Board of Directors.

The term of powers of the new KEGOC Board of Directors is 3 (three) years.