Kcell announces results of annual general meeting of shareholders held on May 27, 2024

28.05.24 18:07
/KASE, May 28, 2024/ – Kcell JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote Kcell Joint-stock company ("Kcell" or the "Company") (KASE: KCEL), one of the major cellular operators in the telecommunications market of Kazakhstan, announces the results of the Annual General Meeting of Shareholders (AGM), held on May 27, 2024. The AGM agenda included the following issues: 1) On the composition of the counting commission; 2) On approval of the audited annual financial statements of Kcell JSC for 2023; 3) On approval of the procedure for distributing the net income of Kcell JSC for the 2023 financial year and on approval of the amount of dividend per common share; 4) On appeals from shareholders regarding the actions of Kcell JSC and its executives and the results of their consideration; 5) On changes in the composition of the Board of Directors of Kcell JSC. The AGM adopted the following decisions on the agenda items: 1.1. Terminate the powers of Lazat Takibayeva as a member of the counting commission, Chairman of the counting commission of Kcell JSC. 1.2. Elect Anastasia Sotnikova to the current counting commission as a member of the counting commission, Chairman of the counting commission of Kcell JSC. 1.3 Determine the term of office of Anastasia Sotnikova, member of the counting commission, Chairman of the counting commission of Kcell JSC, from the moment of election until the expiration of the term of office of the current counting commission. 2. Approve the audited separate and consolidated financial statements of Kcell JSC for the year ended December 31, 2023, presented in Appendix 1 to this decision. 3.1 Decide not to distribute the net income for 2023 and use it for the development of the Company. 3.2 Decide not to pay dividends on common shares of Kcell JSC for the 2023 financial year. 4. Take into account the information on shareholder appeals regarding the actions of Kcell JSC and its executives for 2023 5.1 Early terminate the powers of member of the Board of Directors of Kcell JSC, independent director Pietari Kivikko. 5.2 Elect Aset Abdualiev to the current composition of the Board of Directors of Kcell JSC as an independent director of Kcell JSC. unquote This information is available on – https://kase.kz/files/emitters/KCEL/kcel_relizs_280524_en.pdf [2024-05-28]