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The contribution of Kazatomprom to the socio-economic development of the country was discussed at the Public Council of Samruk-Kazyna JSC

27 June 2023
The contribution of Kazatomprom to the socio-economic development of the country  was discussed at the Public Council of Samruk-Kazyna JSC

On June 27, 2023, a meeting of the Public Council of Samruk-Kazyna JSC (“Fund”) was held, during which information was heard on the activities of NAC Kazatomprom JSC (“Kazatomprom” or the “Company”). The meeting was attended by representatives of the Fund and its portfolio companies, the public, the expert community, the media and other concerned parties.

Chairman of Kazatomprom’s Management Board Yerzhan Mukanov presented the information on the fulfillment of the development plan and strategic indicators, on the achievements and results of the Company's operating and financial activities.

At the end of 2022, the consolidated revenue of the nuclear holding amounted to more than KZT 1 trillion, which is a 45% increase compared to 2021. The Company will pay more than KZT 200 billion tenge in dividends to its shareholders for 2022. Kazatomprom began to carry out regular deliveries of nuclear fuel to nuclear power plants in China. The customer has successfully completed the acceptance of the second batch of fuel assemblies.

The participants of the meeting familiarized themselves with the implementation of investment projects, as well as the state of industrial safety and labor protection in the company. All necessary measures are taken to ensure the safety of employees and the population in the regions of presence, preserving the natural environment and rationally using natural resources in the places of production activities. Since the creation of the nuclear holding, there were no industrial radiation and nuclear accidents and incidents.

During the meeting, Yerzhan Mukanov also told the members of the Public Council about the significant contribution of Kazatomprom to the socio-economic and infrastructural development of the regions of presence.

For 2018-2022, within the framework of subsoil use contractual obligations, KZT 8.5 billion was transferred to the budgets of the regions from the funds of the nuclear holding. Also, many socially significant projects were implemented in 2018-2022 for KZT 4.5 billion, including the construction of an ambulance station, children's playgrounds and sports grounds, the purchase of educational equipment, the improvement of settlements, the provision of financial assistance to socially vulnerable groups of population and other initiatives.

The amount of tax deductions has increased in recent years. Last year, the nuclear holding transferred KZT 314.3 billion of taxes and other obligatory payments to the country's budget.

During the meeting, the head of Kazatomprom answered questions raised by members of the Public Council and media representatives.

For detailed information, please contact:

Kazatomprom Investor Relations Inquiries

Yerlan Magzumov, IR Director

Tel: +7 7172 45 81 80

Email: ir@kazatomprom.kz

Kazatomprom Public Relations and Media Inquiries

Sabina Kumurbekova, PR Director

Gazhaiyp Kumisbek, chief expert of the PR department

Tel: +7 7172 45 80 22

Email: pr@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 22% of the total global primary uranium production in 2022. 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 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.

The information contained in this message or document, including, but not limited to, statements regarding the future, is applicable only as of the date of this document and is not intended to provide any guarantees regarding future results The Company expressly disclaims any obligation to disseminate updates or changes to such information, including financial data or forward-looking statements, and will not publicly release any changes that it may make to information arising from changes in the Company's expectations, changes in events, conditions or circumstances on which such statements regarding the future are based, or in other events or circumstances arising after the date of this document.

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