/KASE, December 24, 2025/ – Today, the KASE's trading system hosted the initial placement of bonds KZ2P00015043 (KASE's alternative market, bonds category, SMKFb1; 1,000 tenge; 7.0 bln tenge; 12.24.25 – 09.24.31; monthly coupon, 20.00% per annum; 30/360) of Special Financial Company SMK FF-2 LLP by subscription to them. Below are the demand parameters and subscription results.

The initiator of subscription for the specified bonds was Freedom Finance Global PLC.

DEMAND PARAMETERS:

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Number of participants:                                     1          
Number of orders submitted (total / active), including:     4 / 4      
– limit:                                                    4 / 4      
– market:                                                   0 / 0      
Volume of active orders*, mln tenge, including              5,061.3    
– limit:                                                    5,061.3    
– market:                                                   0.0        
Demand vs. offering:                                        83.2%      
Clean price in submitted orders, % of par (for all / active):          
– minimum                                                   86.5000    
– maximum                                                   87.1400    
– weighted average                                          86.9202    
Yield on submitted orders, % per annum (for all / active):             
– minimum                                                   23.2700    
– maximum                                                   23.4500    
– weighted average                                          23.3315    
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* active orders – orders that have not been cancelled by the trading   
  participants at the time of the order submission period expiration,  
  including those confirmed by participants of the Confirmation System.

Of the total volume of active orders, the legal entities accounted for 99.6%, while individuals accounted for 0.4%.

PLACEMENT RESULTS:

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Volume of executed orders, bonds:     3,822,952      
Volume of executed orders, tenge:     3,331,320,372.8
Number of executed orders:            3              
Number of participant accounts:       1              
Volume of executed orders, % of plan: 54.6           
Clean price in executed orders, % of  87.1400        
par:                                                 
Bond yield to maturity for the buyer, 23.2700        
% per annum:                                         
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In terms of the main categories of investors during placement, 99.4% of the total volume was purchased by legal entities and 0.6% by individuals.

According to data from Central Securities Depository JSC, the transactions after subscription to the specified bonds were settled by the time of publication of this information, and the subscription was completed.

PLACEMENT CONDITIONS:

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Subscription date:               12.24.25        
Nominal placement volume, tenge: 7,000,000,000   
Type of purchase orders:         limit and market
Order acceptance time:           10:00-15:30     
Price per bond, tenge:           1,000           
Date and time of transactions:   12.24.25, 16:00 
Date and time of settlement:     12.24.25, 16:00 
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[2025-12-24]