Information on decisions taken by the general meeting of shareholders of a joint-stock company

Name of the joint-stock company's body that adopted the decision:  Management Board of JSC National Management Holding KazAgro - decision of the Sole Shareholder of JSC KazAgroFinance

Date of the general meeting of shareholders of the joint-stock company: October 30, 2019

Venue of the general meeting of shareholders (participants) of the issuer: the meeting was held at the location of the Management Board of JSC National Management Holding KazAgro - Nur-Sultan, Bigeldinov Ave., 12

Items included in the agenda of the general meeting of shareholders (participants) of the issuer:  On the election of members of the Board of Directors of JSC NC Food Contract Corporation and JSC KazAgroFinance.

Resolutions adopted by the general meeting of shareholders of the joint-stock company, indicating the voting results / decisions adopted by the sole shareholder.
In accordance with subparagraph 5) of paragraph 1 of Article 36 of the Law of the Republic of Kazakhstan "On Joint-Stock Companies", paragraph 5 of Article 181 of the Law of the Republic of Kazakhstan "On State Property", subparagraph 7) of paragraph 139 of the Charter of JSC Holding KazAgro and subparagraph 8) of paragraph 16 of the Charter

Decision adopted on the second item on the agenda:

In accordance with subparagraph 5) of paragraph 1 of Article 36 of the Law of the Republic of Kazakhstan "On Joint-Stock Companies", paragraph 5 of Article 181 of the Law of the Republic of Kazakhstan "On State Property", subparagraph 7) of paragraph 139 of the Charter of JSC Holding KazAgro and subparagraph 8) of paragraph 16 of the Charter of JSC NC Food Contract Corporation and JSC KazAgroFinance, the Management Board DECIDED:

1. To elect the Managing Director of JSC Holding to the Board of Directors of JSC NC Food Contract Corporation KazAgro, Sultan Muratovich Aitzhanov, and Kanat Serikovich Karaulov, Chairman of the Board of JSC NC Food Contract Corporation.

The term of office of Sultan Muratovich Aitzhanov and Kanat Serikovich Karaulov as members of the Board of Directors of JSC NC Food Contract Corporation shall be calculated from the date of adoption of this resolution until the expiration of the term of office of the Board of Directors of JSC NC Food Contract Corporation as a whole, established by the decision of the Sole Shareholder of JSC NC Food Contract Corporation - Resolution of the Board of JSC Holding KazAgro dated June 7, 2017, No. 32.

2. Elect to the Board of Directors of JSC KazAgroFinance, Managing Director of KazAgro Holding JSC, Aigul Kenesbekovna Dzhuanyshbaeva.

The term of office of Aigul Kenesbekovna Dzhuanyshbaeva as a member of the Board of Directors of KazAgroFinance JSC shall be calculated from the date of adoption of this resolution until the expiration of the term of office of the Board of Directors of KazAgroFinance JSC as a whole, established by the decision of the Sole Shareholder of KazAgroFinance JSC - Resolution of the Management Board of KazAgro Holding JSC dated June 26, 2018, No. 41.

3. This decision of the Management Board of KazAgro National Management Holding Joint-Stock Company shall be considered a decision Sole shareholder of JSC NC Food Contract Corporation and JSC KazAgroFinance, respectively.

Voting results on the second agenda item:

FOR – 5 votes (Karashukeev E.Sh., Dzhuvashev A.B., Zhumashov D.M., Taszhurekov E.K.)

AGAINST – none.

ABSTAINED – (dissenting opinion) – no.

Voting result: the decision was adopted by 4 (four) votes.