/KASE, October 1, 2025/ – As announced earlier, on September 24, 2025 an initial offering of international bonds XS3189694345 (KASE main market, "bonds" category, BTRKe2) of NMH "Baiterek" JSC was conducted in the trading system of Kazakhstan Stock Exchange (KASE) by way of subscription to them. Below are the bid parameters and results of the subscription on KASE.

Alatau City Invest JSC, Halyk Finance JSC, and Teniz Capital Investment Banking JSC acted as joint bookrunners on KASE during the subscription for these bonds.

BID PARAMETERS:

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Number of participants:                                    13                    
Number of orders submitted (all / active ones),            42 / 20               
incl.:                                                                           
– limit:                                                   39 / 18               
– market:                                                  3 / 2                 
Volume of active orders*, mln USD, incl.:                  239.0                 
incl.:                                                                           
– limit:                                                   208.0                 
– market:                                                  31.0                  
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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.
                                                                   
In the total volume of active orders, banks accounted for 74.1 %, broker-dealer  
organizations – for 0.1 %, other institutional investors – for 2.4 %, other legal
entities – for 23.3 %, individuals – for 0.1 %.                                  

OFFERING RESULTS:

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Volume of orders executed, bonds:                          35,000,000            
Volume of orders executed, USD:                            34,692,350.0          
Number of orders executed:                                 4                     
Number of participants, whose orders                       3                     
were executed:                                                                   
Yield of bonds to maturity for buyer, % APR:               4.8500                
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In terms of the main categories of investors, 88.6 % of the total volume was purchased by banks, 11.4 % – by other institutional investors.

According to the Central Securities Depository JSC (Almaty), deals based on the results of subscription to said bonds have been settled by the time of publication of this information, the subscription has been completed.

[2025-10-01]