Notification of the extraordinary General Meeting of KEGOC Shareholders to be held on 8 January 2019

English

Kazakhstan Electricity Grid Operating Company (KEGOC) joint-stock company (hereinafter referred to as 'KEGOC') with the executive office located at: 59 Tauyelsizdik Ave, Astana, Republic of Kazakhstan in accordance with the decision of the Board of Directors of KEGOC dated 30 November 2018 (Minutes No. 12) hereby notifies of convocation of the extraordinary General Meeting of Shareholders of KEGOC (hereinafter - the General Meeting of Shareholders).

The Board of Directors of KEGOC initiated the convocation of the General Meeting of Shareholders.

The General Meeting of Shareholders will be held on 8 January 2019 at 11:30 AM at: 59 Tauyelsizdik Ave, Astana, Republic of Kazakhstan, Assembly hall. Registration of participants of the General Meeting of Shareholders will take place from 09:30 AM until 11:00 AM on 8 January 2019. If there is no quorum, the repeated General Meeting of Shareholders will be held on 25 January 2019 at 11:30 AM at the above address. Registration of participants of the repeated General Meeting of Shareholders will take place from 09:30 AM until 11:00 AM on 25 January 2019.

The date for finalization of the list of shareholders entitled to participate in the General Meeting of Shareholders is 25 December 2018.

If the list of shareholders authorized to participate and vote at the General Meeting of Shareholders has been completed and a person included into this list has sold thereafter his/her voting shares of KEGOC to another person, then this new shareholder shall receive the right to take part in the General Meeting of Shareholders. The new shareholder shall submit documents certifying the ownership of the shares.

The Board of Directors of KEGOC has preliminarily formed the following agenda for the General Meeting of Shareholders: Introduction of amendments and addenda to the KEGOC’s Charter.

The agenda materials for the General Meeting of Shareholders will be available for the shareholders since 20 December 2018 from 10:00 AM to 05:00 PM on working days at the following address: 59 Tauyelsizdik Ave, Astana, Republic of Kazakhstan, offices 901, 917 and also on the corporate web site www.kegoc.kz in the section 'Investors and Shareholders' -'Information Disclosure' - 'General Meetings'. 

 

The procedure:

- before the opening of the General Meeting of Shareholders, the person entitled to participate and vote at the General Meeting of Shareholders shall pass a formal registration in accordance with the procedure specified herein;

- a shareholder (a representative of a shareholder) who failed to register shall not be counted when determining a quorum and shall not have the right to participate in voting;

- to register as a participant of the General Meeting of Shareholders, a shareholder - an individual shall present his/her identity card or another identification document;

- a representative of an individual shareholder shall submit a power of attorney issued under the established procedure and his/her identity card. A representative of an institutional shareholder shall submit a power of attorney stamped by the institutional shareholder and his/her identity card. The representative shall submit the original power of attorney and hand a copy of it over to the registrar;

- if the sole executive will participate at the General Meeting of Shareholders on behalf of an institutional shareholder, then such executive shall submit relevant documents certifying his/her appointment or election to the executive position and his/her identity card;

- a person, who, according to the laws of Kazakhstan or a contract, has the right to act without a power of attorney on behalf of a shareholder and to represent its interests, is not required to have a power of attorney to participate in the General Meeting of Shareholders and to vote on agenda issues;

- people other than those invited and not representing shareholders may not be present at the General Meeting of Shareholders, unless it is otherwise established by the decision of the General Meeting of Shareholders held in praesentia;

- the General Meeting of Shareholders shall have the right to consider and make decisions on agenda issues, if, upon completion of registration of the participants of the General Meeting of Shareholders, the Company’s shareholders or their representatives registered in the list hold in aggregate fifty (50) and more percent of the Company's voting shares.

Other issues regarding the procedure of the General Meeting of Shareholders are stipulated by the Law of the Republic of Kazakhstan On Joint-Stock Companies, the Charter and the Regulations on the General Meeting of KEGOC Shareholders.

The Meeting shall be held in accordance with Article 35-52 of the Law of the Republic of Kazakhstan On Joint-Stock Companies.

For any questions regarding the agenda materials and the arrangement of the General Meeting of Shareholders please call in the working time: +7 (7172) 690 298, 690 297 or post your question on the blog of the Chairman of KEGOC’s Management Board at www.kegoc.kz.