Kazakhstan Stock Exchange announces decisions of EGM of shareholders conducted by absentee voting

11.12.20 16:51
/KASE, December 11, 2020/ – Kazakhstan Stock Exchange (hereinafter – the Exchange) announces that the extraordinary general meeting of shareholders of the Exchange conducted by absentee voting with the date of counting the results of the absentee voting on December 11, 2020, took the following decisions: 1. To early terminate the powers of Igor Marich as a member of the Board of Directors, an independent director of the Exchange. 2. To determine the composition of members of the Board of Directors of the Exchange – 10 people, including: - three non-elected members of the Board of Directors (a representative from the authorized body for regulation, control and surveillance of the financial market and financial organizations and the National Bank of the Republic of Kazakhstan on the basis of item 4 of Article 84 of the Act of the Republic of Kazakhstan "On the Securities Market" and the Chairman of the Management Board of the Exchange (ex officio) on the basis of sub- item 2) of item 3 of Article 17 of the Exchange's Charter); - four representatives of interests of the Exchange's shareholders; - three independent directors of the Exchange. 3. To elect Igor Marich as a member of the Board of Directors with a term of office expiring simultaneously with the term of office of the other members of the Exchange's Board of Directors. 4. To elect Jan Willems, an independent director of the Exchange, as a member of the Board of Directors with a term of office expiring simultaneously with the term of office of the other members of the Exchange's Board of Directors. 5. To elect the Exchange's corporate secretary (ex officio) as the secretary of the general meeting of the Exchange's shareholders held by absentee voting. The notice of the said meeting is published on the Exchange's website at https://kase.kz/files/for_shareholders/meeting_111220.pdf The press release of the Exchange on decision of the said shareholders meeting is available on the website at https://kase.kz/en/press_releases/ [2020-12-11]