/KASE, March 14, 2025/ – A special trading session for the offering of bonds KZ2C00012383 (KASE main market, "bonds" category, KFUSb90; KZT1,000, KZT30.0 bn; 13.02.25 – 13.02.27; 30/360) of Kazakhstan Sustainability Fund JSC (Almaty) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session.

BID PARAMETERS:

-------------------------------------------------------- --------------------------
Number of participants:                                  5                         
Number of orders submitted (all / active ones),          11 / 9                    
incl.:                                                                             
– limit:                                                 11 / 9                    
– market:                                                0 / 0                     
Volume of active orders*, mln tenge:                     15,145.4                  
incl.:                                                                             
– limit:                                                 15,145.4                  
– market:                                                0.0                       
Bid to ask:                                              3.2 times                 
"Clean" price on orders submitted, % of face value (on all / active ones):         
– minimum                                                94.1496                   
– maximum                                                94.2972                   
– weighted average                                       94.2123 / 94.2134         
Yield on orders submitted, % APR (on all / active ones):                           
– minimum                                                16.1500                   
– maximum                                                16.2500                   
– weighted average                                       16.2076 / 16.2068         
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* active orders – orders not annulled by trade participants at expiry of order     
  submission period including those confirmed by Confirmation System                 
  participants.
                                                                     
Of the total volume of active applications, banks accounted for 37.7 %,            
other institutional investors – for 42.5 %, and other legal entities – for 19.8 %.

OFFERING RESULTS:

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Volume of orders executed, bonds:                        5,000,000                 
Volume of orders executed, KZT:                          4,767,106,854.5           
Number of orders executed:                               5                         
Number of participants, whose orders                     3                         
were executed:                                                                     
Volume of orders executed, % of plan:                    100.0                     
"Clean" cut-off price, % of face value:                  94.2234                   
"Clean" price in executed orders, % of face value:                                 
– minimum                                                94.2234                   
– maximum                                                94.2972                   
– weighted average                                       94.2657                   
Yield at cut-off price, % APR:                           16.2000                   
Yield of bonds to maturity for buyer, % APR:                                       
– minimum                                                16.1500                   
– maximum                                                16.2000                   
– weighted average                                       16.1713                   
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In terms of the main categories of investors, 40.0 % of the total volume was purchased by banks and 60.0 % – by other institutional investors.

According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlements based on the results of the trades were executed in full.

OFFERING TERMS:

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Trade date:                            14.03.25                   
Current maturity:                      1.9 years (689 days)       
Announced offering volume, tenge:      5,000,000,000              
Lot size, pieces:                      1                          
Trade subject:                         "clean" price              
Purchase order type:                   limit                      
Order submission method:               closed                     
Order collection time:                 10:00–12:00                
Order confirmation time:               10:00–12:00                
Cut-off time:                          14:30 (Т+0)                
Payment date and time:                 14.03.25, 14:30            
Order cut-off method:                  orders are cut-off, whose  
                                       prices are equal to or     
                                       below the cut-off price    
Limit order execution method           at prices of limit offset  
depending on the prices of orders:     orders equal to the cut-off
                                       price or those more        
                                       favorable for the seller   
Limit order execution method depending by the time of acceptance  
on the order of their submission:      of offset orders           
Trade initiator:                       Eurasian Capital JSC       
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[2025-03-14]