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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of March 27, 2020 No. 142

About dividends on the state blocks of shares and the income on the state shares in the organizations

(as amended on 09-08-2021)

According to article 186 of the Law of the Republic of Kazakhstan of March 1, 2011 "About state-owned property" and the minutes of State commission on providing emergency rule in case of the President of the Republic of Kazakhstan of March 23, 2020 the Government of the Republic of Kazakhstan DECIDES:

1. To the state bodies performing rights of possession and uses of the state block of shares (share in the authorized capital) joint-stock company (limited liability partnership), when holding the annual general shareholder meetings (participants) in the procedure established by the legislation to take measures for the direction of part of net income of joint-stock company (limited liability partnership) on dividend payout (income) at the rate to 100 (hundred) percent from the amount of net income following the results of 2019 reflected in the annual financial reporting and their timely transfer.

1-1. The SK-Pharmation limited liability partnership which hundred percent of share are in state-owned property is exempted from dividend payout (part of net income) on the state share in the authorized capital following the results of 2019.

2. To joint-stock company "National welfare fund "Samruk-Kazyna" in the procedure established by the legislation to take measures for the direction of net income on dividend payout at the rate to 100 (hundred) percent following the results of 2019.

3. To the state bodies performing rights of possession and uses of the state block of shares (share in the authorized capital) joint-stock company (limited liability partnership), following the results of 2020 and the next years when holding the annual general shareholder meetings (participants) in the procedure established by the legislation to take measures for the direction of part of net income of joint-stock company (limited liability partnership) on dividend payout (income) in the amount of at least 70 (seventy) percent from the amount of the net income reflected in the consolidated annual financial reporting, and in case of absence affiliated (affiliated) the organizations (organizations), in the unconsolidated annual financial reporting, and their timely transfer.

3-1. The joint-stock company "Directs national managing holding "Bayterek" which hundred percent of shares is in republican property to dividend payout on the state block of shares of 14,2 (fourteen whole and two tenth) percent from the net income reflected in the consolidated annual financial reporting following the results of 2020.

4. Establishment of part of net income for joint-stock company (limited liability partnership) on dividend payout (income) in the amount of below percentage ratio determined according to Item 3 of this resolution is subject to obligatory consideration by the Republican budget commission.

5. Recognize invalid some decisions of the Government of the Republic of Kazakhstan according to appendix to this resolution.

6. This resolution becomes effective from the date of its signing and is subject to official publication.

Prime Minister of the Republic of Kazakhstan

A. Mamin

Appendix

to the Order of the Government of the Republic of Kazakhstan of March 27, 2020 No. 142

List of invalid some decisions of the Government of the Republic of Kazakhstan

1. The order of the Government of the Republic of Kazakhstan of July 26, 2007 No. 633 "About dividends on the state blocks of shares and the income on the state shares in the organizations".

2. Item of 10 amendments and changes which are made to some decisions of the Government of the Republic of Kazakhstan, approved by the order of the Government of the Republic of Kazakhstan of April 28, 2008 No. 395 "About entering of amendments and changes into some decisions of the Government of the Republic of Kazakhstan" (SAPP of the Republic of Kazakhstan, 2008, No. 22, the Art. 208).

3. The order of the Government of the Republic of Kazakhstan of June 28, 2008 No. 633 "About entering of amendments into the order of the Government of the Republic of Kazakhstan of July 26, 2007 No. 633".

4. Item of 10 changes and additions which are made to some decisions of the Government of the Republic of Kazakhstan, approved by the order of the Government of the Republic of Kazakhstan of November 12, 2008 No. 1048 "About some questions of joint-stock company "National welfare fund "Samruk-Kazyna".

5. Item of 12 changes and additions which are made to some decisions of the Government of the Republic of Kazakhstan, approved by the order of the Government of the Republic of Kazakhstan of November 21, 2008 No. 1080 "About creation of specialized councils on questions of the public corporate management under the Government of the Republic of Kazakhstan and about modification and amendments in some decisions of the Government of the Republic of Kazakhstan and recognition voided some decisions of the Government of the Republic of Kazakhstan" (SAPP of the Republic of Kazakhstan, 2008, No. 44, the Art. 500).

6. Item of 8 changes and additions which are made to some decisions of the Government of the Republic of Kazakhstan, approved by the order of the Government of the Republic of Kazakhstan of March 12, 2009 No. 294 "About modification and amendments in some decisions of the Government of the Republic of Kazakhstan" (SAPP of the Republic of Kazakhstan, 2009, No. 15, the Art. 107).

7. Item 4 of changes which are made to some decisions of the Government of the Republic of Kazakhstan, approved by the order of the Government of the Republic of Kazakhstan of March 25, 2009 No. 399 "About modification of some decisions of the Government of the Republic of Kazakhstan" (SAPP of the Republic of Kazakhstan, 2009, No. 17, the Art. 145).

8. The order of the Government of the Republic of Kazakhstan of June 8, 2009 No. 856 "About entering of amendments into the order of the Government of the Republic of Kazakhstan of July 26, 2007 No. 633".

9. Item of 5 changes and additions which are made to some decisions of the Government of the Republic of Kazakhstan, approved by the order of the Government of the Republic of Kazakhstan of November 4, 2009 No. 1753 "About some questions of Kazagroinnovation joint-stock company (SAPP of the Republic of Kazakhstan, 2009, No. 55, the Art. 451).

10. The order of the Government of the Republic of Kazakhstan of November 20, 2009 No. 1903 "About entering of amendments into the order of the Government of the Republic of Kazakhstan of July 26, 2007 No. 633".

11. Item of 7 changes and additions which are made to some decisions of the Government of the Republic of Kazakhstan, approved by the order of the Government of the Republic of Kazakhstan of March 1, 2010 No. 152 "About some questions of non-commercial joint-stock company "New University of Astana" and National Medical Holding joint-stock company (SAPP of the Republic of Kazakhstan, 2010, Art. No. 20-21, 157).

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