/KASE, May 30, 2024/ – Kazakhstan Stock Exchange (hereinafter referred to as
the Exchange) reports that on May 30, 2024, the annual general meeting of
shareholders of the Exchange was held, at which the following decisions were
made:
1. Take note of the report on the Exchange's activities in 2023.
2. Take note of the Exchange's sustainability report for 2023.
3. Approve changes and addition No. 1 to the Exchange's Dividend Policy.
4. Approve the separate and consolidated annual financial statements of the
Exchange for 2023 with the independent auditor's report.
5. The net income (profit) of the Exchange for 2023 in the amount of
18,518,265 thousand tenge should be distributed as follows:
9,259,132.5 thousand tenge (50 %) will be used to pay dividends to
shareholders of the Exchange,
9,259,132.5 thousand tenge (50 %) will be allocated for the development of
the Exchange.
Determine the amount of dividend per common share of the Exchange –
8,611.30 tenge.
6. Appoint Ernst & Young LLP as the Exchange's audit organization for the
purpose of auditing the Exchange's annual financial statements for 2024.
7. Take into account the information on the amount and composition of
remuneration for members of the Exchange's Board of Directors and
Management Board for 2023.
8. Pay annual bonuses to members of the Exchange's Board of Directors
based on work results for 2023.
9. Determine the quantitative composition of the Exchange's Board of Directors
– 10 people, including:
three non-elected members of the Board of Directors (a representative from
the authorized body for regulation and development of the financial market
and financial organizations, a representative of the National Bank of the
Republic of Kazakhstan on the basis of paragraph 4 of Article 84 of the Law
on the Securities Market and the Chairman of the Exchange's Management
Board (ex officio) on the basis of subparagraph 2) of paragraph 3 of the
article 17 of the Exchange's Charter);
four representatives of interests of the Exchange's shareholders;
three independent directors of the Exchange.
Determine that the term of office of the elected members of the Board of
Directors begins from the date of their election and expires at the time of
the annual general meeting of shareholders of the Exchange, which will be
devoted to the consideration of the annual financial statements of the
Exchange for 2026.
Elect Y. Abdrazakov, Y. Birtanov, V. Krekoten, Y. Salimov as members of
the Board of Directors who represent interests of the Exchange's
shareholders.
Elect Jan Willems, Doron Izraeli, A. Yelemessov as members of the Board
of Directors and independent directors of the Exchange.
10. Determine, starting June 1, 2024, the amount of monthly remuneration for
members of the Exchange's Board of Directors for performance of their
duties.
11. Take into account the information about the absence of shareholder
complaints in 2023 regarding the actions of the Exchange and its executives
regarding its activities.
12. Approve changes and additions No. 7 to the Exchange's Charter.
The press release on the results of the annual general meeting of shareholders
of the Exchange is posted on KASE's Internet resource:
-
https://kase.kz/files/press/kz/30_05_2024_GOSA_kaz.pdf – in Kazakh
language;
-
https://kase.kz/files/press/kz/30_05_2024_GOSA_rus.pdf – in Russian;
-
https://kase.kz/files/press/kz/30_05_2024_GOSA_eng.pdf – in English.
[2024-05-30]