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Leadership and involvement of senior managers is the key to safe production

4 August 2023
Leadership and involvement of senior managers is the key to safe production

The II Annual Forum on Health, Safety and Environment  of Samruk-Kazyna JSC “Safe and healthy future of labor” was held in Astana. The event was attended by representatives of government agencies, top managers of portfolio companies of the Samruk-Kazyna Group, international organizations and independent experts. The guests and speakers of the forum discussed issues regarding health, safety and the environment, preserving the life and health of employees.

"The Fund annually allocates significant funds to finance measures to prevent accidents and improve the sanitary and living conditions of workers. In 2022, 126 billion tenge was spent for these purposes, which is 26% more than in 2021. We understand that the formation of a safety culture is a long-term process that requires time and effort. We intend to further improve and implement best practices in the field of occupational safety, constantly increasing our openness and transparency to society. Our common goal is to provide guarantees to the families of our employees that their loved ones will always return home from work safe and sound," said Bolat Zhamishev, Chair of the Public Council of Samruk-Kazyna JSC.\

In his welcoming speech to the participants of the event, CEO of Samruk-Kazyna JSC, Nurlan Zhakupov highlighted that the forum was organized to unite the common efforts of all portfolio companies in order to ensure the safety of each of the employees of the Fund’s group. Samruk-Kazyna JSC approved an Action Plan for occupational safety for 2023, which contains measures in 3 areas: people and improving the level of safety culture, ensuring safety during the operation of technological equipment, emergency prevention.

NAC Kazatomprom JSC (hereinafter – Kazatomprom or the Company), being one of the largest employers in Kazakhstan, is constantly improving the occupational health and safety management system in accordance with national and international standards and requirements. The Company uses a systematic approach to prevent accidents and occupational injuries by identifying, assessing and reducing risks.

"Kazatomprom is the first national company in Kazakhstan to join the global movement "Vision Zero". Participation in this program allowed the company to improve the culture of disease prevention and reduce the number of accidents. Since joining the Vision Zero movement, a lot of work has been done to improve occupational safety, including the development of leadership at all levels of management.  In the course of production activities, the company considers the preservation of life, human health and environmental protection to be the highest priorities. A person in charge should show leadership and convey the values of safety to employees, demonstrate commitment to safety issues by personal example," CEO of Kazatomprom, Yerzhan Mukanov said at the panel session.

With a consistent reduction in the number of accidents at work and achieving one of the lowest LTIFR indicators in the industry in 2022, Kazatomprom continues to make maximum efforts to achieve zero accidents and ensure safe working conditions for its employees.

Since 2018, behavioral safety audits have been integrated at all enterprises of the nuclear holding. Their main purpose is to assess the behavior of employees when performing production tasks and to prevent potential production risks associated with such behavior. In 2022, to minimize the risks of the human factor, Kazatomprom conducted 15,316 behavioral audits, in which managers of various levels of the Company participated. Also, in order to stop unsafe work, the "STOP Card" tool has been introduced in all production enterprises. By the end of 2022, the staff registered 462 STOP Cards.

Improving the level of occupational health requires not only a systematic approach, but also investments. In 2022, the nuclear holding has allocated more than 8 billion tenge for the implementation of occupational health and safety programs, which is a confirmation of Kazatomprom's responsible position in ensuring safe working conditions for employees.

For further information, please contact:

Kazatomprom Public Relations and Media Inquiries

Sabina Kumurbekova, Director of PR Department

Gazhaiyp Kumisbek, Chief Expert of PR Department

Tel: +7 (8) 7172 45 80 63

Email: pr@kazatomprom.kz

Kazatomprom Investor Relations Inquiries

Yerlan Magzumov, Director of Investor Relations

Tel: +7 (8) 7172 45 81 80

Email: ir@kazatomprom.kz

About Kazatomprom

Kazatomprom is the world's largest producer of uranium, with the Company’s attributable production representing approximately 22% of global primary uranium production in 2022. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 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 environmental standards (ISO 45001 and ISO 14001 compliant).

Kazatomprom securities are listed on the London Stock Exchange, Astana International Exchange, and Kazakhstan Stock Exchange. As 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, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, towards the second shareholders of jointly owned subsidiaries, as well as in the spot market, directly from its headquarters in Astana, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).

For more information, please see the Company 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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