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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 12-12-2023)

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 - 2020.".

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.

2-1. The joint-stock company "the Habar Agency which hundred percent of shares is in republican property directs to dividend payout on the state block of shares 5 (five) percent from the net income reflected in the consolidated annual financial reporting 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), the legal entity registered according to the law in force of the International financial center "Astana" in the part which is not contradicting acts of the International financial center "Astana" following the results of 2020 and 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), the legal entities registered according to the law in force of the International financial center "Astana" in the part which is not contradicting acts of the International financial center "Astana" on dividend payout (income) in the amount of at least 70 (seventy) percent from the amount of 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.

3-2. 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 29,8 of % of the net income reflected in the consolidated annual financial reporting following the results of 2021.

3-3. The joint-stock company "National infocommunication holding "Zerde" which hundred percent of shares is in republican property is exempted from dividend payout on the state block of shares following the results of 2021.

3-4. The "Settlement Financial Center on Support of Renewable Energy Resources" limited liability partnership which hundred percent of share are in republican property directs to payment of the income on the state share of 10,6 of % of the net income reflected in the annual financial reporting following the results of 2021.

3-5. The Kazakhstan Engineering National Company joint-stock company which hundred percent of shares is in state-owned property is exempted from dividend payout on the state block of shares following the results of 2021 - 2024.

3-6. Joint-stock company "The company on life insurance "The state-owned annuity company" which hundred percent of shares are in republican property directs to dividend payout on the state block of shares 35 (thirty five) percent from the net income reflected in the annual financial reporting following the results of 2022.

3-7. The joint-stock company "Directs national managing holding "Bayterek" which hundred percent of shares is in republican property for the purpose of ensuring financial stability to dividend payout on the state block of shares of 15,4 of % of the net income reflected in the consolidated annual financial reporting following the results of 2022.

To the state body performing rights of possession and uses of the state block of shares of joint-stock company "National managing holding "Bayterek" till June 30, 2024 to provide to authorized body on management of state-owned property information on use in 2023 of the net income reflected in the consolidated annual financial reporting following the results of 2022, joint-stock company being at the command "National managing holding "Bayterek".

3-8. The "International Airport Nursultan Nazarbayev" joint-stock company which hundred percent of shares is in republican property is exempted from dividend payout on the state block of shares following the results of 2022 for the purpose of the acquisition of special transport and the equipment involved when servicing aircrafts.

To the state body performing rights of possession and uses of the state block of shares of "International Airport Nursultan Nazarbayev" joint-stock company to provide control of target use of the means specified in part one of this Item with informing authorized bodies on state planning and state-owned property till December 31, 2024.

3-9. The National Information Technologies joint-stock company which hundred percent of shares is in republican property is exempted from dividend payout on the state block of shares following the results of 2022.

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

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