/KASE, December 25, 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:     3 / 2      
– limit:                                                    3 / 2      
– market:                                                   0 / 0      
Volume of active orders*, mln tenge, including              2,770.2    
– limit:                                                    2,770.2    
– market:                                                   0.0        
Demand vs. offering:                                        100.0%     
Clean price in submitted orders, % of par                   87.1400    
(for all / active):                                                    
Yield on submitted orders, % per annum                      23.2700    
(for all / active):                                                    
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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.

The entire volume of active orders came from legal entities.

PLACEMENT RESULTS:

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Volume of executed orders, bonds:     3,177,048      
Volume of executed orders, tenge:     2,770,244,653.9
Number of executed orders:            2              
Number of participant accounts:       1              
Volume of executed orders, % of plan: 100.0          
Clean price in executed orders, % of  87.1400        
par:                                                 
Bond yield to maturity for the buyer, 23.2700        
% per annum:                                         
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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:               12.25.25        
Nominal placement volume, tenge: 3,177,048,000   
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:   12.25.25, 16:00 
Date and time of settlement:     12.25.25, 16:00 
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[2025-12-25]