The Corporate Governance Code of ‘Baiterek’ National Managing Holding JSC Approved in a New Edition

On June 23, 2025, the Corporate Governance Code of ‘Baiterek’ National Managing Holding JSC was approved.

The Code was developed in accordance with the Model Corporate Governance Code and reflects best practices recommended by the Organisation for Economic Co-operation and Development (OECD). The new Code enshrines the key principles that underpin effective corporate governance, in particular:

• the principle of separation of powers;
• the principle of protection of shareholders’ rights and interests;
• the principle of effective management of the Holding by the Board of Directors and the Management Board;
• the principle of sustainable development;
• the principle of risk management, internal control and audit;
• the principle of regulation of corporate and conflict of interest situations;
• the principle of transparency and objectivity in the disclosure of information about the Holding’s activities.

The Holding will continue to improve corporate governance in line with advanced international practices, contributing to the sustainable growth of the national economy.