The principles of corporate governance, according to the Corporate Governance Code of KEGOC JSC, are:

• An effective corporate governance system based on a clear division of responsibilities between the governing bodies;
• Protection and ensuring compliance with shareholders’ rights;
• Equal conditions for shareholders;
• Sustainable development and the role of stakeholders in corporate governance;
• Information disclosure and transparency;
• Effectiveness of the Board of Directors and the Management Board of KEGOC JSC.

As of December 31, 2023, the number of authorized and issued common shares of the Company was 275,294,118, of which:

• The major shareholder, represented by Samruk-Kazyna JSC, holds 234,000,001 shares (85%);
• Unified Accumulative Pension Fund JSC (UAPF) holds 18,924,407 shares (6.87%);
• 22,368,320 shares (8.13%) are held by minority shareholders;
• The remaining 1,390 shares (0.0005%) are repurchased by KEGOC JSC.

There were no significant transactions or changes in shares and shareholders holding five percent or more of the Company’s issued shares during 2023.