/KASE, January 16, 2020/ – Kcell (Almaty), whose shares are officially listed on
Kazakhstan Stock Exchange (KASE), has informed KASE as follows:
Kcell Joint Stock Company ("Kcell” or the “Company”) (LSE, KASE: KCEL), the
leading provider of mobile telecommunications services in Kazakhstan, announces
the results of its Extraordinary General Meeting of Shareholders (“EGM”) held on
15 January 2020, 11:00 a.m., at the address 2G Timiryazeva St., city of Almaty.
Issues on EGM agenda:
1. On determining the number of members of Kcell JSC Counting commission;
electing its members.
2. On the approval of the new edition of Kcell JSC Corporate Governance Code;
3. On the approval of Kcell JSC Dividend Policy;
4. On electing member of Kcell JSC Board of Directors.
The EGM unanimously adopted the following decisions:
To determine the number of members of Kcell JSC Counting commission - three
To elect the following employees of Kcell JSC as members of the Counting
commission for the period ending 1 June 2021:
- Irina Shol – Chairperson of the counting commission
- Diana Bratenkova
- Tatyana Barelko
2. To approve a new edition of Kcell JSC Corporate Governance Code.
3. To approve Kcell JSC Dividend Policy.
4.1 To elect Jere Calmes as a member of Kcell JSC Board of Directors, Independent
4.2 To set the term of office for Jere Calmes, Kcell JSC member of the Board of
Directors, effective from the election date and until the expiration of the term
of office of the current Kcell JSC Board of Directors, set forth by the
Extraordinary General Meeting of Shareholders on 25 January 2019.
4.3 To determine the annual fixed remuneration and the annual additional
remuneration for Jere Calmes, Kcell JSC member of the Board of Directors, in the
amount provided in the resolution of the Annual General Meeting of Shareholders
dated 29 May 2019.
4.4 To set the terms for payment of remuneration and compensation of expenses
for Jere Calmes, Kcell JSC member of the Board of Directors, in accordance with
the Policy on remuneration and reimbursement of expenses of Independent members
of the Board of Directors of Kcell JSC for performing their duties, approved by
the Annual General Meeting of Shareholders on 29 May 2019.
A copy of the resolutions passed will be available on Kcell’s corporate website:
This information is available (in Russian) at –