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Kazatomprom holds XXV final corporate meeting on occupational safety

17 February 2023
Kazatomprom holds XXV final corporate meeting on occupational safety

On February 17, the XXV final corporate meeting on occupational safety of NAC Kazatomprom JSC (hereinafter – Kazatomprom or the Company) was held in Shymkent.

The event was attended by representatives of Samruk-Kazyna JSC and government agencies, members of the Board of Directors and the Management Board of Kazatomprom, first managers and employees of subsidiaries and affiliates, etc.

During the meeting, topical issues of labor protection, the environment, industrial, radiation and nuclear safety were discussed, the results in the field of occupational safety for 2022 were outlined, and key tasks and plans for 2023 were identified.

The Company has been holding final corporate meetings on occupational safety since its formation. Thus, this year's meeting was the 25th anniversary, where, along with reviewing the current results in the field of safety, the results of development in this area over 25 years were also summed up.

 “For Kazatomprom, occupational safety has been and remains an absolute priority. Continuing the course of developing a culture of safety, leadership and full involvement of employees in occupational safety and environmental issues, maintaining an open and honest dialogue with all parties concerned, we systematically achieve our goals in the field of safety,” - said Yerzhan Mukanov, CEO of Kazatomprom. – “There is nothing more valuable than human life and health, and we all need to understand that any job can be done safely. I am convinced that the conscious and responsible attitude of each employee to this issue will help us to further improve the level of occupational safety at our enterprises.”

Neil Longfellow, Chairman of the Board of Directors of NAC Kazatomprom JSC:

“I’ve been working in Kazakhstan for about 6 years, and all this time I’ve seen the success of Kazatomprom, for which safety is of the upmost importance,” - said Neil Longfellow, Chairman of the Board of Directors of NAC Kazatomprom JSC. – “The leadership and the personal responsibility each manager has on a daily basis for employee safety is the highest priority. The most important thing about safety is to lead by example and show all employees the importance of complying with the required rules and standards”.

“Statistics show a systematic decrease in injury rates in the Samruk-Kazyna Fund group of companies. I would like to note that Kazatomprom has achieved certain results in the field of safety culture development,” - emphasized Almasadam Satkaliyev, CEO Samruk-Kazyna JSC, in his video message to the participants of the meeting. “This is the first of the portfolio companies that has embarked on the path of successful implementation of the global concept of zero injuries, where the safety of employees, assets and environmental protection are an integral part of everyday life and are brought to the forefront.”

Managing Director of Samruk-Kazyna JSC for Public Relations, social and labor relations and labor protection, Gibrat Auganov, in his opening remarks noted that in general, the level of injuries in the fund's group of companies decreased by 16%, and the injury rate LTIFR was 0.16.

During the meeting, it was emphasized that the Company is constantly improving the state of occupational safety. Evidence of this is the absence of industrial, environmental and radiation accidents since the Company was founded, compliance with the requirements of international standards, and Kazatomprom joining the international Vision Zero program, the purpose of which is to reduce the level of injuries at work to zero.

The Company takes all necessary measures to ensure the safety of employees and the public in the regions of its presence, preserving the natural environment in the places of its production activities and outside it, and ensuring the rational use of natural resources and minimal environmental impact.

The Company has passed the second supervisory audit and confirmed compliance with the requirements of ISO international standards in the field of occupational safety, health and environmental management. Planned, comprehensive and targeted inspections of the state of occupational safety in subsidiaries and affiliates were carried out. The Company cooperated with international organizations (IAEA, etc.) on issues of radiation safety. 

Also, during the meeting, the results of the competition “The best enterprise in the field of occupational safety” were summed up: 1st place –MC Ortalyk LLP, 2nd place –Karatau LLP, 3rd place – UMP JSC.  The names of the winners of Kazatomprom’s CEO award, distinguished by high performance in ensuring safety in their work, were named. Winners among engineering and technical workers: 1st place - master of acid farming of the Kanzhugan mine wellfield section of Kazatomprom–SaUran LLP, Yerkebulan Siyabekov; 2nd place – master of the processing site of pregnant solutions of the Karamurun mine of RU-6 LLP, Talgat Kuibagarov; 3rd place – chief specialist of the Administrative Office of Karatau mine, Gulzhan Bekseitova. Winners among the operating staff: 1st place – locksmith for maintenance and repair of equipment of Irkol, branch of Semizbay-U LLP, Rakhat Bazarbekov; 2nd place – cleaner of refining production of APPAK LLP, Gulmira Shagayeva; 3rd place – engineer of the drilling rig GRE 23 of Volkovgeology JSC, Beysenbek Afeleyev.

For more information, please contact:

Kazatomprom Investor Relations Inquiries

Yerlan Magzumov, Director, Investor Relations

Tel.: +7 7172 45 81 80 / 69

Email: ir@kazatomprom.kz

Kazatomprom Public Relations and Media Inquiries

Sabina Kumurbekova, Director, Government and Public Relations

Gazhaiyp Kumisbek, Chief Expert, Government and Public Relations

Tel.: +7 7172 45 80 22

Email: pr@kazatomprom.kz

A copy of this announcement is available at www.kazatomprom.kz.

About Kazatomprom

Kazatomprom is the largest uranium producer in the world with natural uranium production in proportion to the Company's participatory interest in the amount of about 24% of the total global primary uranium production in 2021. The group has the largest uranium reserve base in the industry. Kazatomprom, together with subsidiaries, affiliates and joint organizations, is developing 26 deposits combined into 14 uranium-mining enterprises. All uranium mining enterprises are located on the territory of the Republic of Kazakhstan and when mine uranium use in-situ recovery technology, paying particular attention to best HSE practices and means (ISO 45001 and ISO 14001 certified).

Kazatomprom's securities are listed on the London Stock Exchange, the Astana International Exchange and the Kazakhstan Stock Exchange. Kazatomprom is the National Atomic Company of the Republic of Kazakhstan, and the main customers of the group are operators of nuclear generating capacities, and the main export markets for products are China, South and East Asia, North America and Europe. The Group sells uranium and uranium products under long-term and short-term contracts, as well as on the spot market directly from its corporate centre in Astana, Kazakhstan, as well as through a trading subsidiary in Switzerland, Trading House KazakAtom (THK).

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

Forward Looking Information

All statements, other than statements of historical fact, included in this message or document are statements regarding the future. Statements regarding the future reflect the Company's current expectations and estimates regarding its financial condition, results of operations, plans, goals, future results and activities. Such statements may include, but are not limited to, statements before which, after which or where words such as “goal”, “believe”, “expect”, “intend”, “possibly”, “anticipate”, “evaluate”, “plan”, “project”, “will”, “may”, “probably”, “should”, “may” and other words and terms of a similar meaning or their negative forms are used.

Such statements regarding the future include known and unknown risks, uncertainties and other important factors beyond the control of the Company, which may lead to the fact that the actual results, indicators or achievements of the Company will significantly differ from the expected results, indicators or achievements expressed or implied by such statements regarding the future. Such statements regarding the future are based on numerous assumptions regarding the current and future business strategy of the Company and the conditions in which it will operate in the future.

INFORMATION ON THE ESTIMATES CONTAINED IN THIS DOCUMENT ARE BASED ON SEVERAL ASSUMPTIONS ABOUT FUTURE EVENTS AND ARE SUBJECT TO SIGNIFICANT ECONOMIC AND COMPETITIVE UNCERTAINTIES AND OTHER CONVENTIONALITIES, NONE OF WHICH CAN NOT BE PREDICTED WITH CERTAINTY AND SOME OF WHICH ARE OUTSIDE OF THE COMPANY'S CONTROL. THERE CAN NOT BE ANY WARRANTY THAT THE ESTIMATES WILL BE REALIZED AND THE ACTUAL RESULTS MAY BE ABOVE OR BELOW THAN SPECIFIED. NONE OF THE COMPANY - NO SHAREHOLDERS, NO DIRECTORS, NO OFFICERS, NO EMPLOYEES, NO CONSULTANTS, NO AFFILIATES NOR ANY REPRESENTATIVES OR AFFILIATES LISTED ABOVE BEAR RESPONSIBILITY FOR THE ACCURACY OF THE ESTIMATES PRESENTED IN THIS DOCUMENT.

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