Air Astana announces changes in composition of Board of Directors

04.06.24 12:31
/KASE, June 4, 2024/ – Air Astana JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated June 4, 2024: quote Air Astana Joint Stock Company (the "Company") announces changes to the Board of Directors of the Company following the conclusion of the Annual General Meeting on 30 May 2024. According to the previously announced plans, as provided for in the Prospectus of the Company published before the IPO of the Company in February 2024, the Non-Executive Director, representative of shareholder BAE Systems (Kazakhstan) Limited, Mr. Myles St John Westcott, has stepped down from the Board of Directors of the Company effective from 30 May 2024. Concurrently, Diyas Assanov has been appointed as an Independent Director, effective from 31 May 2024. During the last three years, Mr. Assanov has served in the role of the General Director of the Siemens Regional company in Kazakhstan, focusing on its Digital Industries and Smart Infrastructure businesses. Prior to that, he was the General Counsel of Siemens Energy, Russia, Eastern Europe and Central Asia. Mr. Assanov holds a Bachelor’s degree in international relations from United States Military Academy at West Point and a Bachelor’s degree in international law from M.S. Narikbayev University of KAZGUU, Kazakhstan. ... The current updated composition of the Board of Directors is as follows: 1. Mr. Nurlan Zhakupov - Chairman of the Board of Directors (Samruk-Kazyna JSC); 2. Mr. Aidar Ryskulov - Member of the Board of Directors (Samruk-Kazyna JSC); 3. Mr. Simon Wood - Member of the Board of Directors (BAE Systems); 4. Mr. Peter Foster - Member of the Board of Directors (CEO, Air Astana JSC); 5. Mr. Yeldar Abdrazakov - Independent Director; 6. Mrs. Janet Heckman - Independent Director; 7. Mr. Garry Kingshott - Independent Director; 8. Mr. Keith Gaebel - Independent Director; 9. Mr. Diyas Assanov - Independent Director unquote The complete press release is available on: - https://kase.kz/files/emitters/AIRA/aira_relizs_040624_1.pdf – in Kazakh; - https://kase.kz/files/emitters/AIRA/aira_relizs_040624_2.pdf – in Russian; - https://kase.kz/files/emitters/AIRA/aira_relizs_040624_3.pdf – in English. [2024-06-04]