Kazakhstan Stock Exchange announces decisions taken on May 31, 2021 by annual general meeting of shareholders, held through absentee voting

31.05.21 19:46
/KASE, May 31, 2021/ – Kazakhstan Stock Exchange (hereinafter – the Exchange) informs you about decisions made on May 31, 2021 by the annual general meeting of shareholders held by absentee voting. 1. To take into account the information on the Exchange's activities in 2020, set out in the Annual Report of the Exchange for 2020. 2. To approve the separate and consolidated annual financial statements of the Exchange for 2020. 3. Not to pay dividends on the Exchange's common shares based on 2020 and retain the Exchange's net income in the amount of KZT2,893,511,000.26 (100%) for the Exchange development. 4. To choose LLP "BDO Kazakhstan" as an auditing organization of the Exchange in order to audit the consolidated and separate financial statements of the Exchange for 2021. 5. To take into account the information on the absence in 2020 of shareholders' appeals against actions of the Exchange and its executives on issues of its activities. 6. To take into consideration the information on the amount and composition of remuneration to members of the Board of Directors and the Management Board of the Exchange for 2020. 7. To pay annual bonus to members of the Board of Directors of the Exchange based on the results of their work in 2020. 8. To determine the number 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, a representative of 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) item 3 of Article 17 of the Exchange Charter); – four representatives of the Exchange's shareholders' interests; – three independent directors of the Exchange. 9. To determine that the term of office of the elected members of the Board of Directors begins from the date of their election and expires at the time of the annual general meeting of shareholders of the Exchange, which will be devoted to the consideration of the annual financial statements of the Exchange for 2023. 10. To elect Y. Abdrazakov, A. Dronin, I. Marich, Y. Salimov as members of the Board of Directors representing the interests of the Exchange's shareholders. 11. To elect Yan Willems, Doron Izraeli, A. Yelemesov as members of the Board of Directors, independent directors of the Exchange. [2021-05-31]