Competition on the selection of independent directors of the Board of Directors of Baiterek National Investment Holding Joint Stock Company

In accordance with the Order #87 of the Deputy Prime Minister-Minister of National Economy of the Republic of Kazakhstan dated August 29, 2025, Baiterek NIH JSC announces a competition for the selection of independent directors of the Board of Directors of Baiterek NIH JSC.

1. Date and place of the contest:

The deadline for accepting documents is June 11, 2026.

Venue of the contest: 55A Mangilik El Avenue, Astana, Republic of Kazakhstan.

2. Name of the company with its location, postal address, telephone number and a brief description of its main activity: Baiterek National Investment Holding Joint-Stock Company, 55A Mangilik El Avenue, Astana, Republic of Kazakhstan, Tel: +7 (7172) 955-075, Email: kense@baiterek.gov.kz.

Brief description of the main activity of the organization:

Baiterek Holding is an integrated development institute that includes 7 subsidiaries: Development Bank of Kazakhstan JSC, Otbasy Bank JSC, Damu Entrepreneurship Development Fund JSC, Kazakhstan Housing Company JSC, Export Credit Agency of Kazakhstan JSC, Qazaqstan Investment Corporation JSC and Agrarian Credit Corporation JSC.

The mission of Baiterek NIH JSC is to promote sustainable economic growth in the Republic of Kazakhstan through supporting the production of Kazakhstani goods and services, modernizing infrastructure and strengthening food security based on the principles of responsibility to society.

3. Requirements for candidates:

1) possession of higher or postgraduate education in a field corresponding to the company’s core activities, as well as in audit and/or finance and/or management;

2) at least 10 (ten) years of work experience in a specialty in the type of economic activity corresponding to the company's profile or work experience in areas corresponding to the functional areas of the position;

3) at least 5 (five) years of experience in management positions;

4) at least 1 (one) year of experience as a member of the board of directors (supervisory board);

5) absence of the fact of election (appointment) as the chairman of the board of directors (supervisory boards), head of the executive body, deputy head, chief accountant of another legal entity in the period of not more than 1 (one)year before the election of the chairman of the board of directors (supervisory boards), head of the executive body, deputy head, chief accountant of another legal entity. one year prior to the decision on compulsory liquidation or compulsory repurchase of shares, or conservation of another legal entity declared bankrupt in accordance with the established procedure;

6) the absence of an outstanding criminal record or one that has not been removed in accordance with the procedure established by law;

7) absence of affiliation with shareholders (members) holding shares, members of the Management Board (executive body) in accordance with Article 64 of the Law of the Republic of Kazakhstan "On Joint-Stock Companies" and Article 12-1 of the Law of the Republic of Kazakhstan "On Limited and Additional Liability Partnerships".

4. The following persons are not elected to the company's Board of Directors:

1) previously served as chairman of the board of directors (supervisory boards), head of the executive body, deputy head, chief accountant of another legal entity for a period not exceeding one year prior to the decision on forced liquidation or forced repurchase of shares, or conservation of another legal entity declared bankrupt in accordance with the established procedure. The specified requirement is applied within five years after the date of making a decision on compulsory liquidation or compulsory repurchase of shares, or conservation of another legal entity declared bankrupt in accordance with the established procedure;

2) who has an outstanding criminal record or has not been removed in accordance with the procedure established by law;

3) who has committed a corruption crime;

4) Connected, in addition to serving on the Board of Directors (supervisory boards), with shareholders (members) holding shares, members of the Management Board (executive body) in accordance with Article 64 of the Law of the Republic of Kazakhstan "On Joint-Stock Companies" and Article 12-1 of the Law of the Republic of Kazakhstan "On Limited and Additional Liability Partnerships.

5. Persons wishing to participate in the selection of candidates for the position of independent director should submit the following documents:

1) a statement of consent in accordance with annex #4;

2) a copy of the candidate's identity document (identity card or passport);

3) information about the candidate in accordance with annex #5;

4) the candidate's resume.