ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of July 20, 2022 No. 509

About some questions of joint-stock company "National welfare fund "Samruk-Kazyna" and modification of some decisions of the Government of the Republic of Kazakhstan

The government of the Republic of Kazakhstan DECIDES:

1. Approve changes which are made to the Agreement on interaction between the Government of the Republic of Kazakhstan and joint-stock company "National welfare fund "Samruk-Kazyna", approved by the order of the Government of the Republic of Kazakhstan of December 14, 2012 No. 1599, according to appendix 1 to this resolution.

2. Sign the Supplementary agreement to the Agreement on interaction between the Government of the Republic of Kazakhstan and joint-stock company "National welfare fund "Samruk-Kazyna" according to appendix 2 to this resolution.

3. Approve the enclosed changes which are made to some decisions of the Government of the Republic of Kazakhstan.

4. This resolution becomes effective from the date of its first official publication.

Approved by the Order of the Government of the Republic of Kazakhstan of July 20, 2022 No. 509

Changes which are made to some decisions of the Government of the Republic of Kazakhstan

1. In the order of the Government of the Republic of Kazakhstan of November 5, 2012 No. 1403 "About approval of the code of corporate governance of joint-stock company "National welfare fund "Samruk-Kazyna":

in the code of corporate governance of joint-stock company "National welfare fund "Samruk-Kazyna", approved by the specified resolution:

in introduction:

in Item 12:

4) and 5) to state subitems in the following edition:

"4) the actions plan – the document determining the main activities and key indicators of activities of Fund or organization for the five-year period approved by the Board of directors;

5) the companies – national institutes of development, the national companies and other legal entities which more than fifty percent of voting shares (shares) belong to Fund on the property right or trust management;";

9) to state the subitem in the following edition:

"9) key indicators (indicators) of activities (further – efficiency) – the indicators characterizing the level of efficiency of activities of Fund or organization allowing to estimate efficiency of their activities in general and also leading employees of Fund or organization (efficiency have the quantitative value approved as a part of the actions plan of Fund or the organization and corresponding to results of their activities for the planned and accounting periods);";

in Section 1 "The principles of corporate management of joint-stock company "National welfare fund "Samruk-Kazyna":

in Item 2 of Chapter 1 "Government as shareholder Fonda":

state paragraph two in the following edition:

"The main strategic objectives of Fund and the organizations is the growth of long-term cost and sustainable development of Fund and the organizations that is reflected in the development plan for Fund and the companies. All made decisions and actions shall correspond to the development plan.";

the fifth to state the paragraph in the following edition:

"Portfolio management of assets and the block of shares (share) in the organizations of Fund it is determined within the development plan for Fund.";

Item 5 of Chapter 2 "Interaction of Fund and organizations. As national managing holding" to state role of Fund in the following edition:

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