/KASE, December 23, 2025/ – National Company KazMunayGas JSC (KASE ticker – KMGZ) reported the following:

beginning of quote

December 22, 2025 – NC KazMunayGas JSC ("the Issuer") and KazMunaiGaz Finance Sub B.V. ("KMG Finance" and, together with the Issuer, "the Offering Initiators") announce today the final results of their previously announced Offers to purchase for cash the circulating bonds of the Issuer: (i) bonds with 5.75% rate with maturity in 2047; and (ii) bonds with 6.375% rate with maturity in 2048 (collectively, "the Bonds", and such offers are "the Repurchase Offers", each of which is "a Repurchase Offer").

The Offering Initiators have made two separate Repurchase Offers, each on conditions and taking into account the provisions set forth in the purchase offer dated November 21, 2025 ("the Purchase Offer"). Capitalized terms used in this announcement and not otherwise defined have the meanings given to them in the Purchase Offer.

...

The Purchase Offers expired at the Expiration Time. The accepted bonds purchased by the Offering Initiators pursuant to the Repurchase Offers have been cancelled.

Citigroup Global Markets Limited, J.P. Morgan Securities plc and J.P. Morgan SE acted as Dealer Managers for the Repurchase Offers, while Kroll Issuer Services Limited acted as Offers and Information Agent for the Repurchase Offers.

end of quote

Full version of the announcement in Kazakh – see more

Full version of the announcement in Russian – see more

Full version of the announcement in English – see more

[2025-12-23]