ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of March 31, 2023 No. 273

About approval of Rules of allocation of non-profit organization on behalf of public fund "Kazakstan Halkyna" of means in the amount of at least seven percent from net income of joint-stock company "National welfare fund "Samruk-Kazyna"

According to Item 5 of article 20 of the Law of the Republic of Kazakhstan "About National welfare fund" the Government of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of allocation of non-profit organization on behalf of public fund "Kazakstan Halkyna" of means in the amount of at least seven percent from net income of joint-stock company "National welfare fund "Samruk-Kazyna".

2. This resolution becomes effective after ten calendar days after day of its first official publication.

Approved by the Order of the Government of the Republic of Kazakhstan of March 31, 2023 No. 273

Rules of allocation of non-profit organization on behalf of public fund "Kazakstan Halkyna" of means in the amount of at least seven percent from net income of joint-stock company "National welfare fund "Samruk-Kazyna"

Chapter 1. General provisions

1. These rules of allocation of non-profit organization on behalf of public fund "Kazakstan Halkyna" of means in the amount of at least seven percent from net income of joint-stock company "National welfare fund "Samruk-Kazyna" (further – Rules) are developed according to Item 5 of article 20 of the Law of the Republic of Kazakhstan "About National welfare fund" and determine procedure for allocation of non-profit organization on behalf of public fund "Kazakstan Halkyna" (further – public fund) means in the amount of at least seven percent from net income of joint-stock company "National welfare fund "Samruk-Kazyna" (further – fund).

Chapter 2. Procedure for allocation of non-profit organization on behalf of public fund "Kazakstan Halkyna" of means in the amount of at least seven percent from net income of joint-stock company "National welfare fund "Samruk-Kazyna"

2. The fund annually allocates for public fund funds in the amount of at least 7 (seven) percent from net income of fund on the basis of the separate (unconsolidated) audited financial reporting.

3. Allocation of means by fund to public fund is performed based on the relevant decision of the single shareholder of fund made within annual consideration of questions of approval of the annual financial reporting and net income allocation of fund.

4. The size of the funds transferred by fund in public fund is determined proceeding from the written request of public fund with indication of the required amount and provision of reasons for the required amount.

5. The fund within 20 (twenty) working days after receipt of the request specified in item 4 of these rules transfers means to account of public fund in the amount of, specified in request.

6. Allocated funds can be demanded by public fund within 3 (three) years from acceptance date the single shareholder of fund of the decision on assignment to public fund.

Unclaimed means after the specified term are not subject to transfer in public fund.

7. The public fund provides target use of the funds transferred by fund.

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