Voting Results from Extraordinary General Meeting of Shareholders

29 July
Voting Results from Extraordinary General Meeting of Shareholders

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces today the in-absentia voting results on issue of the agenda of the extraordinary General Meeting of Shareholders (“EGM”), summed up on 28 July  2020 at 6:30 pm local time (GMT+6).

At the time of the EGM, the total number of outstanding shares was 259,356,608. According to the list of shareholders compiled by the Central Securities Depository JSC, the total number of voting shares as of 1 July  2020 was 220,393,672. The shareholders and their authorized representatives holding a total of 217,105,870 ordinary shares, which is 98.50% of the Company’s total number of voting shares, took part in the voting. Shareholders voted and made decision on issue included in the EGM agenda.

 

Decision

For

%

Against

%

Abstained

%

On some issues of the Board of Directors of NAC Kazatomprom JSC

195,782,358

90.18

16,554,039

7.62

4,769,473                                   

2.20

 

On some issues of the Board of Directors of Kazatomprom

Based on the results of corporate procedures on certain issues of the Board of Directors of Kazatomprom, the shareholders decided to determine the amount and payment terms of remuneration and compensation for expenses to the members of the Board of Directors of Kazatomprom in accordance with the annex to the decision of the extraordinary General Meeting of Shareholders of the Company.

For further information, please contact:

Extraordinary General Meeting of Shareholders Inquiries

Maira Tnymbergenova, Corporate Secretary

Tel: +7 7172 45 81 63

Email: mtnymbergenova@kazatomprom.kz

Investor Relations inquiries

Cory Kos, IR and PR Director

Tel: +7 7172 45 81 80

Email: ir@kazatomprom.kz

PR and Media Relations inquiries

Torgyn Mukayeva, Deputy IR and PR Director

Tel: +7 7172 45 80 63

Email: pr@kazatomprom.kz

A copy of this announcement will be made available at www.kazatomprom.kz.

About Kazatomprom

Kazatomprom is the world’s largest producer of uranium extracting natural uranium in proportion to the Company's participation shares in the amount of about 24% of the total global primary uranium production in 2019. The Group benefits from the largest reserve base in the industry. Kazatomprom operates through its subsidiaries, JVs and Associates, 24 deposits in Kazakhstan grouped into 13 mining assets. All uranium-mining enterprises are located in the territory of the Republic of Kazakhstan and apply the technology of in-situ leaching, paying particular attention to best practices and methods in health, safety and environment.

Kazatomprom securities are listed on the London Stock Exchange and Astana International Exchange. Kazatomprom is the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, North America and Europe. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).

For more information, please visit our website at http://www.kazatomprom.kz

Forward-looking statements

All statements other than statements of historical fact included in this communication or document are forward-looking statements. Forward-looking statements give the Company’s current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. These statements may include, without limitation, any statements preceded by, followed by or including words such as “target,” “believe,” “expect,” “aim,” “intend,” “may,” “anticipate,” “estimate,” “plan,” “project,” “will,” “can have,” “likely,” “should,” “would,” “could” and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company’s control that could cause the Company’s actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which it will operate in the future.

THE INFORMATION WITH RESPECT TO ANY PROJECTIONS PRESENTED HEREIN IS BASED ON A NUMBER OF ASSUMPTIONS ABOUT FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT ECONOMIC AND COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, NONE OF WHICH CAN BE PREDICTED WITH ANY CERTAINTY AND SOME OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY. THERE CAN BE NO ASSURANCES THAT THE PROJECTIONS WILL BE REALIZED, AND ACTUAL RESULTS MAY BE HIGHER OR LOWER THAN THOSE INDICATED. NONE OF THE COMPANY NOR ITS SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS OR AFFILIATES, OR ANY REPRESENTATIVES OR AFFILIATES OF THE FOREGOING, ASSUMES RESPONSIBILITY FOR THE ACCURACY OF THE PROJECTIONS PRESENTED HEREIN.

The information contained in this communication or document, including but not limited to forward-looking statements, applies only as of the date hereof and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to such information, including any financial data or forward-looking statements, and will not publicly release any revisions it may make to the information that may result from any change in the Company’s expectations, any change in events, conditions or circumstances on which these forward-looking statements are based, or other events or circumstances arising after the date hereof.

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