Joint Stock Company “IMSTALCON” (hereinafter referred to as the Company) hereby announces that an extraordinary general meeting of shareholders was held on October 17, 2022, at the following address: 140 Aimanova Street, non-residential premises 58a, 3rd floor, meeting room, Almaty city.

Agenda of the extraordinary general meeting of shareholders:

1. Election of an independent member of the Board of Directors.
2. Amendments and additions to the Charter of the Board of Directors of IMSTALCON JSC and its approval in a new edition.
3. Determination of the amount and conditions of remuneration for the members of the Board of Directors of IMSTALCON JSC.

Decisions adopted:

Decision on the first item:

1. Elect Murat Orazbayevich Dzhakishev as an independent member of the Board of Directors of IMSTALCON JSC.
2. Set the term of office for the elected independent member of the Board of Directors of IMSTALCON JSC until the expiration of the term of office of the current composition of the Board of Directors.

Decision on the second item:

1. Approve the Charter of the Board of Directors of IMSTALCON JSC in the presented edition.

Decision on the third item:

Determine the procedure for payment and the amount of remuneration for the members of the Board of Directors of IMSTALCON JSC:

1. For members of the Board of Directors working in IMSTALCON JSC or its subsidiaries, establish a monthly remuneration in the amount of 50% of the basic salary at their main place of work.
2. The amount of monthly remuneration is set for the term of the Board of Directors and is not subject to review and indexation.
3. The monthly remuneration of the members of the Board of Directors, as well as the remuneration of the Chairman of the Board of Directors, is paid net of taxes and mandatory payments in accordance with the tax legislation of the Republic of Kazakhstan, other normative-legal acts, and documents.
4. Members of the Board of Directors are entitled to compensation of expenses related to the performance of their functions as members of the Company’s Board of Directors, travel to meetings of the Company’s Board of Directors and committees, and participation in meetings initiated by the Chairman of the Board of Directors or the General Director of the Company, and other representative functions. The amount of compensation is determined by the Company’s Regulations on business trips and includes reimbursement of travel, accommodation, and daily expenses.