Sole shareholder of KASE Clearing Centre made decisions based on KACC's performance in 2023

/KACC, May 29, 2024/ – KASE Clearing Centre JSC (KACC, Clearing Centre) announces that on May 27 and 28, 2024, the Board of Directors of Kazakhstan Stock Exchange (KASE), the sole shareholder of the Clearing Centre, made the following decisions: 1. Take note of the 2023 Activities Report of the Clearing Centre. 2. Take into account the information about the absence in 2023 of shareholder complaints over actions of the Clearing Centre and its executives regarding its activities. 3. Approve the following procedure for distributing the net income of the Clearing Centre for 2023: direct net income (profit) for 2023 in the amount of 769,148,666.10 tenge (100%) for the development of the Clearing Centre; not to pay dividends on common shares of the Clearing Centre based on the results of 2023. 4. Appoint Ernst & Young LLP as the auditing organization for the purpose of auditing the separate financial statements of the Clearing Centre for 2024. 5. Approve the audited annual financial statements of the Clearing Centre for 2023. 6. Pay an annual bonus to a member of the Board of Directors – an independent director of the Clearing Centre based on performance for 2023. 7. Take into account the information on the amount and composition of remuneration for members of the Board of Directors and the Management Board of the Clearing Centre for 2023. 8. Approve changes and additions No. 2 to the Charter of KASE Clearing Centre JSC. 9. Approve changes and additions No. 1 to the Regulations on the Board of Directors of KASE Clearing Centre JSC. 10. Approve the Dividend Policy of KASE Clearing Centre JSC. 11. Determine, starting June 1, 2024, the amount of monthly remuneration for members of the Board of Directors of the Clearing Centre for the performance of their duties. [2024-05-29]