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Kazatomprom Participates in the B20 Summit in Washington

11 November
Kazatomprom Participates in the B20 Summit in Washington

Meirzhan Yussupov, CEO of National Atomic Company “Kazatomprom” JSC (“Kazatomprom” or the “Company”), participated in the U.S.-Kazakhstan business roundtable, “From Strategic Partnership to Commercial Action,” held in Washington, D.C., as part of the B20 Summit. The event was organized by the Ministry of Foreign Affairs of the Republic of Kazakhstan in cooperation with the Atameken National Chamber of Entrepreneurs and the U.S. Chamber of Commerce.

In his remarks, Meirzhan Yussupov highlighted Kazakhstan’s role in supporting U.S. energy security and the prospects for expanding bilateral cooperation in the nuclear industry. He noted that Kazakhstan has remained the world’s largest producer of natural uranium for more than 15 years, accounting for approximately 40% of global primary uranium production. According to the U.S. Energy Information Administration, uranium of Kazakh origin accounted for 28% of total purchases by owners and operators of U.S. nuclear power reactors in 2025.

“We are interested in entering into new long-term contracts with U.S. utilities on market terms, in line with our ‘Value over Volume’ approach, which prioritizes long-term value creation. Contracting early allows us to plan production and logistics around our customers’ needs and ensure greater predictability of deliveries,” said Meirzhan Yussupov.

Kazatomprom has a long-standing track record of cooperation with U.S. utilities. To maintain direct and continuous dialogue with its customers in the United States, the Company operates a representative office in Bethesda, Maryland.

Deepening collaboration within the U.S. market aligns with Kazatomprom’s core strategic goals: diversifying its sales portfolio and creating sustainable, long-term value.

 

For more information, please contact:

Public Relations and Media Inquiries

Daniyar Oralov, Director of Public Relations

Tel: +7 (7172) 45 80 63

Email: pr@kazatomprom.kz

Investor Relations Inquiries

Botagoz Muldagaliyeva, Director of Investor Relations

Tel: +7 (7172) 45 81 80 / 69

Email: ir@kazatomprom.kz

About Kazatomprom

Kazatomprom is the world’s largest producer of uranium, with the Company’s attributable production representing approximately 20% of global primary uranium production in 2025. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 27 deposits grouped into 14 mining assets. All of the Company’s mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety, and environment standards.

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 power plants, the principal export markets for the Group’s products are countries in Asia, Europe, and the Americas. 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 Astana, Kazakhstan, and through its Switzerland-based trading subsidiary, TH Kazakatom AG (THK).

For more information, please see the Company’s website at 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 REALISED, 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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