/KASE, March 20, 2025/ – A special trading session for the offering of bonds KZ2C00012391 (KASE main market, "bonds" category, KFUSb91; KZT1,000, KZT30.0 bn; 20.03.25 – 20.03.27; 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:

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Number of participants:                                5                      
Number of orders submitted (all / active ones),        11 / 7                 
incl.:                                                                        
– limit:                                               11 / 7                 
– market:                                              0 / 0                  
Volume of active orders*, mln tenge:                   19,751.2               
incl.:                                                                        
– limit:                                               19,751.2               
– market:                                              0.0                    
Bid to ask:                                            2.3 times              
"Clean" price on orders submitted, % of face value (on all / active ones):    
– minimum                                              94.0756                
– maximum                                              94.1525                
– weighted average                                     94.1264 / 94.1132      
Yield on orders submitted, % APR (on all / active ones):                      
– minimum                                              16.1500                
– maximum                                              16.2000                
– weighted average                                     16.1671 / 16.1758      
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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 orders, banks accounted for 52.4 %, other       
institutional investors – for 32.4 %, other legal entities – for 15.2%.
      
OFFERING RESULTS:                                                             
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Volume of orders executed, bonds:                      8,372,533              
Volume of orders executed, KZT:                        7,882,933,822.8        
Number of orders executed:                             4                      
Number of participants, whose orders                   3                      
were executed:                                                                
Volume of orders executed, % of plan:                  93.0                   
"Clean" cut-off price, % of face value:                94.1520                
"Clean" price in executed orders, % of face value:                            
– minimum                                              94.1520                
– maximum                                              94.1525                
– weighted average                                     94.1523                
Yield at cut-off price, % APR:                         16.1500                
Yield of bonds to maturity for buyer, % APR:                                  
– minimum                                              16.1500                
– maximum                                              16.1500                
– weighted average                                     16.1500                
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In terms of the main categories of investors, 23.8 % of the total volume was purchased by banks, 38.1 % – by other institutional investors, and 38.1 % – by other legal entities.

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:                            20.03.25                   
Announced offering volume, tenge:      9,000,000,000              
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:                 20.03.25, 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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[2025-03-20]