The Holding received awards from the Kazakhstan Stock Exchange (KASE) at the annual awards ceremony held in March 2026 in the categories “For Issuance Activity” and “For Commitment to Transparency”. Recognition by the professional community confirms the Holding’s active market participation, strong position, successful strategy and the high level of trust among institutional investors and partners.

Baiterek National Managing Holding JSC placed its first social bonds on KASE in December 2024, totalling KZT 100 billion. The proceeds were allocated to spring fieldwork and harvesting operations through Agrarian Credit Corporation JSC under the Ken Dala 2 programme. The project provides farmers with access to concessional lending and supports agricultural development.

Framework for the Issuance of Non-Government Sustainability Bonds

On 7 November 2024, the Holding’s Management Board approved the Framework for the Issuance of Non-Government Sustainability Bonds (Minutes No. 58/24), developed with reference to the Green Bond Principles (GBP), Social Bond Principles (SBP) and Sustainability Bond Guidelines (SBG) of the International Capital Market Association (ICMA). The Framework establishes approaches to project selection, management of proceeds, disclosure and reporting.

The Framework provides for the issuance of:

• Green bonds – for projects with environmental benefits (renewable energy, energy efficiency, waste management, etc.);

• Social bonds – for projects with social impacts (housing, healthcare, employment, etc.);

• Sustainability bonds – for projects with both environmental and social benefits.

In 2025, the AIFC Green Finance Centre conducted an independent post-issuance review of the use of proceeds from the Holding’s social bonds totalling KZT 100 billion. The assessment confirmed the issuance’s alignment with the ICMA Social Bond Principles, and the Holding was assigned an “Excellent” rating under the GBP, SBP and SBG Principles Alignment Checklist, demonstrating a high standard of management of proceeds, project selection, reporting and disclosure.