Shareholders of Halyk Savings Bank of Kazakhstan elect new composition of the bank's Board of Directors

26.05.23 18:51
/KASE, May 26, 2023/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 25, 2023: quote 26 May 2023, Almaty, Halyk Bank JSC (hereinafter referred to as the "Bank") reports that the Annual General Shareholders' Meeting of the Bank was held on 25 May 2023, it was convened on the initiative of the Board of Directors and held by absent voting without holding an in-person general meeting of shareholders (hereinafter referred to as the "Annual General Shareholders' Meeting"). With regard to the expiration of the term of powers of the Board of Directors of the Bank, at the Annual General Shareholders' Meeting of the Bank (minutes to the Annual General Shareholders' Meeting of the Bank No.48 dated 25 May 2023), it was decided to elect the following persons as members of the Board of Directors of Halyk Bank JSC: Pavlov Alexander Sergeevich, Piotr Romanowski, Dunayev Arman Galiaskarovich, Hermann Tischendorf, and Franciscus Cornelis Wilhelmus (Frank) Kuijlaars as independent directors, Yessenbayev Mazhit Tuleubekovich as a representative of ALMEX Holding Group JSC, Shayakhmetova Umut Bolatkhanovna, for 3 years. In accordance with the resolution adopted by the newly elected Board of Directors of the Bank (resolution on item 2 in minutes to the in-person meeting of the Board of Directors of the Bank No.3 dated 25 May 2023), Pavlov Alexander Sergeevich was elected as the Chairman of the Board of Directors of the Bank. Therefore, in accordance with the best international corporate governance practices, the new Board of Directors of the Bank comprises seven directors, including five independent ones. As of the date of the Annual General Shareholders' Meeting of the Bank, the elected members of the Bank’s Board of Directors did not hold voting shares of the Bank or shares (stakes in the authorized capital) in the Bank's subsidiaries. More detailed information on the new composition of the Board of Directors of the Bank is available at: https://halykbank.kz/about/leadership unquote More details are available on: - https://kase.kz/files/emitters/HSBK/hsbk_relizs_260523_2.pdf – in Russian; - https://kase.kz/files/emitters/HSBK/hsbk_relizs_260523_en_2.pdf – in English. [2023-05-26]