Kazakhstan Sustainability Fund on November 17 raised KZT9.9 bn on KASE by placing bonds KZ2C00009454 (KFUSb53) at weighted average yield to maturity of 14.24 % APR

/KASE, November 17, 2023/ – A special trading session for the offering of bonds KZ2C00009454 (KASE main market, "bonds" category, KFUSb53; KZT1,000; KZT40.0 bn; 29.09.23 – 29.09.25; 30/360) of Kazakhstan Sustainability Fund JSC (Almaty) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session. BID PARAMETERS: ------------------------------------------------------ ----------------------- Number of participants: 8 Number of orders submitted (all / active ones), 20 / 16 incl.: – limit: 20 / 16 – market: 0 / 0 Volume of active orders*, mln tenge, 24,135.6 incl.: – limit: 24,135.6 – market: 0.0 Bid to ask: х2.4 times "Clean" price on orders submitted, % of face value (on all / active ones): – minimum 96.2228 – maximum 97.2319 – weighted average 97.0371 / 96.9785 Yield on orders submitted, % APR (on all / active ones): – minimum 14.2300 – maximum 14.9000 – weighted average 14.3584 / 14.3971 ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. In the total volume of active orders, banks accounted for 81.7 %, brokers and dealers – for 2.1 %, other institutional investors – for 16.2 %. OFFERING RESULTS: ------------------------------------------------------ ----------------------- Volume of orders executed, bonds: 10,000,000 Volume of orders executed, KZT: 9,888,804,066.7 Number of orders executed: 3 Number of participants, whose orders 3 were executed: Volume of orders executed, % of plan: 100.0 "Clean" cut-off price, % of face value: 97.2167 "Clean" price in executed orders, % of face value: – minimum 97.2167 – maximum 97.2319 – weighted average 97.2214 Yield at cut-off price, % APR: 14.2400 Yield of bonds to maturity for buyer, % APR: – minimum 14.2300 – maximum 14.2400 – weighted average 14.2370 ------------------------------------------------------------------------------ According to the Central Securities Depository (Almaty), deals on this offering by the end of settlements based on the results of the trades were executed in full. In terms of the main categories of investors, during the placement, 68.5 % of the total volume was purchased by banks, 31.5 % - by other institutional investors. OFFERING TERMS: -------------------------------------- --------------------------- Trade date: 17.11.23 Current maturity: 1.9 years (672 days) Announced offering volume, tenge: 10,000,000,000 Lot size, pieces: 1 Trade subject: "clean" price Purchase order type: limit Order submission method: closed Order collection time: 10:00–12:00 Order confirmation time: 10:00–12:00 Cut-off time: 13:00 (Т+0) Payment date and time: 17.11.23, 13:00 Order cut-off method: orders are cut-off, whose prices are equal to or below the cut-off price Limit order execution method at prices of limit offset depending on the prices of orders: orders equal to the cut-off price or those more favorable for the seller Limit order execution method depending by the time of acceptance on the order of their submission: of offset orders Trade initiator: Tengri Partners Investment Banking (Kazakhstan) JSC ------------------------------------------------------------------ [2023-11-17]