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

Date of the general meeting of shareholders of the joint-stock company: August 9, 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 Managing Holding KazAgro - Nur-Sultan, Bigeldinov Ave., 12

Questions included On 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, JSC KazAgroFinance, and JSC Fund for Financial Support of Agriculture.

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

JSC NC Food Contract Corporation, JSC KazAgroFinance, and JSC Fund for Financial Support of Agriculture. The Management Board has decided:

1. To elect Asylkhan Bolatovich Dzhuvashev, Managing Director and member of the Management Board of JSC Holding KazAgro, to the Board of Directors of JSC NC Food Contract Corporation and JSC Fund for Financial Support of Agriculture.

Term of office of Asylkhan Bolatovich Dzhuvashev as a member of the Board of Directors:

1) JSC NC "Food Contract Corporation" shall be considered 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 - decision of the Management Board of JSC Holding KazAgro dated June 7, 2017, No. 32;

2) JSC Fund for Financial Support of Agriculture shall be considered from the date of adoption of this resolution until the expiration of the term of office of the Board of Directors of JSC Fund for Financial Support of Agriculture as a whole, established by the decision of the Sole Shareholder of JSC Fund for Financial Support of Agriculture - decision of the Management Board of JSC Holding KazAgro dated June 7, 2017, No. 32.

2. To elect Daniyar Bimuratovich Zhumashov, Managing Director and Member of the Management Board of KazAgro Holding JSC, to the Board of Directors of JSC Fund for Financial Support of Agriculture.

The term of office of Daniyar Bimuratovich Zhumashov as a member of the Board of Directors of JSC Fund for Financial Support of Agriculture shall be counted from the date of adoption of this resolution until the expiration of the term of office of the Board of Directors of JSC Fund for Financial Support of Agriculture as a whole, as established by the decision of the Sole Shareholder of JSC Fund for Financial Support of Agriculture - the decision of the Management Board.

JSC Holding KazAgro dated June 7, 2017, No. 32;

3. To elect Erbol Kuanyshevich Taszhurekov, Managing Director and Member of the Management Board of KazAgro Holding JSC, to the Board of Directors of KazAgroFinance JSC.

The term of office of Erbol Kuanyshevich Taszhurekov as a member of the Board of Directors of KazAgroFinance JSC shall run 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, as established by the decision of the Sole Shareholder of KazAgroFinance JSC – Resolution of the Management Board of KazAgro Holding JSC No. 41 dated June 26, 2018.

4. To elect Kanat Serikovich Karaulov, Managing Director of KazAgro Holding JSC, to the Board of Directors of KazAgroFinance JSC.

The term of office of Kanat Serikovich Karaulov 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 - the decision of the Management Board of KazAgro Holding JSC dated June 26, 2018. Yes, No. 41.

5. This decision of the Management Board of JSC Holding KazAgro shall be considered the decision of the Sole Shareholder of JSC NC Food Contract Corporation,

JSC KazAgroFinance and JSC Fund for Financial Support of Agriculture, respectively.

Voting results on the first agenda item:

FOR – 4 votes (Karashukeev E.Sh., Dzhuvashev A.B., Zhumashov D.M., Taszhurekov E.K.)

AGAINST – none.

ABSTAINED – (dissenting opinion) – none.

Vote result: the decision was made by 4 (four) votes.

Name of the body of the joint-stock company 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: August 7, 2019

Resolutions adopted by the general meeting of shareholders of the joint-stock company, indicating the voting results / decisions adopted by the sole shareholder

Resolution adopted on the first item on the agenda:
In accordance with subparagraph 18) of paragraph 1 of Article 36 of the Law of the Republic of Kazakhstan "On Joint-Stock companies”, subparagraph 7) of paragraph 139 of the Charter of KazAgro Holding JSC and subparagraph 18) of paragraph 16 of the Charter of KazAgroFinance JSC, the Management Board DECIDED:
1. To approve the Annual Report of KazAgroFinance JSC for 2018 attached to this decision.
2. To the Chairman of the Management Board of KazAgroFinance JSC to take measures arising from this decision.
3. To consider this decision as a decision of the Sole Shareholder of KazAgroFinance JSC.

Voting results on the first item on the agenda:
FOR – 5 votes (Karashukeev E.Sh., Dzhuvashev A.B., Zhumashov D.M., Karnakova N.Sh., Taszhurekov E.K.)
AGAINST – none.
ABSTAINED – (dissenting opinion) – none.
Voting result: decision adopted by 5 (five) votes.
Other information regarding the joint-stock company's decision: No

Date of the event affecting the interests of the joint-stock company's shareholders and investors, in accordance with the joint-stock company's charter and the joint-stock company's securities issue prospectus:July 25, 2019.

Other information affecting the interests of shareholders of the joint-stock company and investors, in accordance with the charter of the joint-stock company, as well as the prospectus for the issue of securities of the joint-stock company: Payment of coupon interest on the first issue bonds of KazAgroFinance JSC KZP03Y09C287 (KZ2C00002749, KASE official list, category "debt securities of quasi-public sector entities", KAFIb3) during the eighth coupon period in the amount of 678,090,000 tenge.

1. Date of the event affecting the interests of the shareholders of the joint-stock company and investors, in accordance with the charter of the joint-stock company, as well as the prospectus for the issue of securities of the joint-stock company: June 28, 2019.

2. Other information affecting the interests of the shareholders of the joint-stock company and investors, in accordance with the charter of the joint-stock company, as well as the prospectus for the issue of securities of the joint-stock company: On June 28, 2019, the Company paid dividends to the Sole Shareholder in the amount of 100% of the amount approved by the decision of the Management Board of the Sole Shareholder in the amount of 6,728,372 191.80 tenge. The dividend per common share is 81.22 tenge, paid by cash transfer to the Sole Shareholder's bank account.

1. Date of the event affecting the interests of shareholders of the joint-stock company and investors, in accordance with the charter of the joint-stock company, as well as the prospectus for the issue of securities of the joint-stock company: 24.06.2019.
2. Other information affecting the interests of shareholders of the joint-stock company and investors, in accordance with the charter of the joint-stock company, as well as the prospectus for the issue of securities of the joint-stock company: Payment of coupon interest on the first issue bonds of KazAgroFinance JSC KZ2C0Y09E968 (KZ2C00003267, KASE official list, category "debt securities of quasi-public sector entities", KAFIb4) within the eighth coupon period in the amount of 167 875,000 tenge.