EN
19 November 2025, 17:16
English
Information/
Market and Company News
19.11.2025 11:35 #Securities

HALYK FINANCE JSC NOTIFIES ABOUT START OF BOOKBUILDING FOR SPO OF COMMON SHARES (KZ000A0LE0S4, HSBK) OF HALYK BANK OF KAZAKHSTAN JSC

/KASE, November 19, 2025/ – Halyk Finance JSC, as a joint global coordinator and bookrunner, has provided the following notification to Kazakhstan Stock Exchange (KASE):

quote

SHARES OFFERING PARAMETERS:

---------------------------------------------------------------------------------------
Name of the Issuer                                  Halyk Bank of Kazakhstan JSC                                                                                                                                                   
Name of the Selling                                 Holding Group "ALMEX" JSC                                                                                                                                                      
Shareholder                                                                                                                                                                                                                                                            
Type of securities                                  Common Shares ("Shares")                                                                                                                                                       
ISIN                                                KZ000A0LE0S4                                                                                                                                                                   
Ticker                                              HSBK                                                                                                                                                                           
Number of common shares                             To be determined based on the subscription results                                                                                                                             
sold by subscription                                                                                                                                                                                                                                                   
                                                    The final price will be determined after                                                                                                                                       
Price per Share                                     the book building is completed. Simultaneously with the                                                                                                                        
                                                    public offering of Shares on KASE, the Seller will offer                                                                                                                      
                                                    GDRs on Astana International Exchange and                                                                                                                                     
                                                    international markets                                                                                                                                                         
                                                                                        
The final price per Share will be set in 
tenge and will be                                                                                                                    
                                                    equal to the final offering price per GDR, divided by 40                                                                                                                      
                                                    (forty), converted into tenge at the official exchange rate                                                                                                                   
                                                    of the National Bank of Kazakhstan in effect on the day                                                                                                                       
                                                    preceding the price determination date (November 20).                                                                                                                         
--------------------------------------------------------------------------------------------------------------
TERMS AND CONDITIONS OF THE PUBLIC OFFERING OF SHARES:                                                                                                                                                                                                                
-------------------------------------------------------------------------------------------------------------------------------------------------------
Date and time of the start of bookbuilding                    November 19, 2025 – from 13:00 Almaty time;                                                                                                                                    
                                                              from November 20, 2025 to November 21, 2025                                                                                                                                    
                                                              inclusive – from 09:00 Almaty time                                                                                                                                             
Date and time of the end of bookbuilding                      from November 19, 2025 to November 20, 2025                                                                                                                                    
                                                              inclusive – until 18:00 Almaty time                                                                                                                                            
                                                              on November 21, 2025 until 13:00 Almaty time*                                                                                                                                  
Order confirmation period                                     within 15 minutes after the end of order collection                                                                                                                            
Market orders collection                                      Limit and market orders are accepted                                                                                                                                           
Checking the adequacy of security                             November 20 until 17:00 Almaty time                                                                                                                                            
Trading mode                                                  with the CCP                                                                                                                                                                   
Collateral subject of (buy) order                             Single limit                                                                                                                                                                   
Settlement currency                                           Kazakh tenge                                                                                                                                                                   
Order check criteria                                          1) Last name, first name, patronymic (if any) of the investor – 
                                                              individual, or name of the investor – legal entity;                                                            
                                                              2) Individual identification number (IIN) of the investor – 
                                                              individual, or business identification number (BIN) of the 
                                                              investor – legal entity. In case of sending orders from 
                                                              investors who are non-residents of the Republic of Kazakhstan 
                                                              and do not have an individual identification                                                                     
                                                              number (IIN) for an individual or a business                                                                                                                                   
                                                              identification number (BIN) for a legal entity, the criterion does 
                                                              not apply;                                                                                                  
                                                              3) Citizenship of the investor – individual or the state in accordance 
                                                              with the legislation of which the investor – legal entity is registered 
                                                              as a legal entity;              
                                                              4) Name of the broker/exchange member who                                                                                                                                      
                                                              submits his own order or a client order;                                                                                                                                       
                                                              5) Type of investor: individual or legal entity.                                                                                                                               
Organization carrying out                                     Central Securities Depository JSC                                                                                                                                              
settlements on transactions upon completion of the 
procedure for buyer orders execution                                                                                                                                                                                
Date and time of transactions                                 November 25, 2025, 15:00 Almaty time                                                                                                                                           
Date and time of settlement                                   On November 25, 2025, at the first clearing session                                                                                                                            
Joint global coordinator and bookrunner for the local         Halyk Finance JSC
offering                                                                                                                                                                                                                    
----------------------------------------------------------------------------------------------------------------------------------------------
* A new segregated account in the Exchange's trading and clearing system is 
  opened the next business day after the depositor's account with the Central 
  Securities Depository is opened. Accordingly, a new account with the Central 
  Securities Depository for participation in the subscription must be opened no
  later  than one business day before the bookbuilding deadline.

Other subscription terms:

Method of distribution (collection) of securities among participants

Execution of orders (in whole or in part) is carried out at the sole discretion of the Selling Shareholder.

The Selling Shareholder has the unconditional right to refuse, at its sole discretion, any order (in whole or in part).

Order volume

Minimum number of shares per order: 1 (one share).

Maximum number of shares per order: unlimited.

The number of orders submitted by one person is not limited.

Other conditions of the public offering

If KASE members submit orders from omnibus or foreign custodial accounts, these orders will be accepted by KASE only if they disclose investor information in the format established by KASE, specifically, if they disclose personal data in accordance with the Seller's requirements via the web module (a link will be provided to trading participants by KASE). KASE members are responsible for the accuracy of the information/personal data disclosed to KASE via the web module and agree that this information will also be disclosed to the Issuer, Seller, coordinator, and bookrunner. Therefore, KASE members submitting orders from omnibus or foreign custodial accounts must obtain the appropriate consent from their clients to disclose personal data before or during the order collection process. Additionally, we remind you that KASE members are subject to surveillance by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, which has the right to verify the accuracy of the personal data provided at any time. In addition, KASE members, by participating in the public offering of Shares, express their consent to the provision of information on the ultimate beneficial owners (full name, citizenship, identification numbers) of their institutional clients (legal entities).

Joint global coordinator and bookrunner for the local offering: Halyk Finance JSC.

For any questions or further information, please contact the global coordinator and bookrunner for the local offering:

Halyk Finance JSC: +7 (727) 339-43-77 / 88 (ext. 3373, 3356), ib@halykfinance.kz

unquote

[2025-11-19]