/KASE, November 11, 2025/ – Shareholders of Kazakhstan Stock Exchange (KASE, or the Exchange) at the extraordinary general meeting of shareholders, held on November 11, 2025, made the following decision:

• to approve the voluntary appeal to the authorized body on the exclusion of the following type of activity, provided for by license KASE No. 4.2.3/1 for the implementation of activities on the securities market, issued on July 19, 2012 by the Committee for Control and Surveillance of the Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan: "clearing activities for transactions with financial instruments in the securities market".

This decision was made due to the transfer of clearing and settlement functions, as well as functions of the central counterparty on all exchange markets, from the Exchange and its 100% subsidiary company – KASE Clearing Centre JSC (Clearing Centre).

Currently, the Clearing Centre is an organization that carries out clearing activities and provides services to the central counterparty on the exchange FX and stock markets, as well as the derivatives market, based on the license No. 3.2.257 for the implementation of activities in the securities market dated June 10, 2025 and the license No. 4.3.22 for conducting banking operations dated August 28, 2023, issued by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market.

[2025-11-11]