On certain resolutions made by the Holding’s Board of Directors on the 30th of September, 2016

Certain Resolutions made by the Board of Directors of Baiterek NMH JSC on the 30th of September, 2016:

On the eighth issue of the agenda:
Baiterek NMH JSC shall conclude the transaction, which is the related party transaction – guarantee agreement for the loan with Damu Entrepreneurship Development Fund joint stock company;

On the ninth issue of the agenda:
Baiterek NMH JSC shall increase the liabilities for the amount constituting over 10% (ten percent) of the equity of Baiterek NMH JSC via conclusion of the guarantee agreement with the European Investment Bank;

On the tenth issue of the agenda:
To place 14 000 000 (fourteen million) of ordinary shares within the number of announced shares of Baiterek NMH JSC at the price of placement 1 000 (one thousand) tenge foe one ordinary share for the amount of 14 000 000 000 (fourteen billion) tenge by selling the right of preemption of shares by the Sole shareholder to Baiterek NMH JSC

On the eleventh issue of the agenda:
Baiterek NMH JSC shall increase the liabilities for the amount constituting over ten percent of the equity of Baiterek NMH JSC via attraction of budget loans in the amount of 97 861 805 000 (ninety seven billion eight hundred sixty one million eight hundred five thousand) KZT;

On the twelfth issue of the agenda:
Baiterek NMH JSC shall conclude transactions, which are related party transactions – loan agreements with Development Bank of Kazakhstan joint stock company

On the fifteenth issue of the agenda:
To elect Omarkhodzhayev Anuar Sagynaliyevich as Deputy Chairman of the Board – member of the Board of Baiterek NMH JSC from the 3rd of October,  2016  with the terms of authority till the terms of authority of the Board of Directors of Baiterek NMH JSC expire.