Notification of the extraordinary General Meeting of KEGOC’s Shareholders to be held on 30 June 2016

English

The Management Board of Kazakhstan Electricity Grid Operating Company (KEGOC) joint-stock company (hereinafter referred to as ‘KEGOC’) with the head office located at: 59 Tauyelsizdik Ave, Almaty District, Astana, 010010, Republic of Kazakhstan, hereby notifies all the concerned parties that, in accordance with Article 53.2.2 of the Law of the Republic of Kazakhstan ‘On Joint Stock Companies’, the Board of Directors of KEGOC (Minutes No.6 dated 24 May 2016) will convene an extraordinary General meeting of KEGOC’s shareholders (hereinafter - the General meeting of shareholders).

               The General meeting of shareholders will be held on 30 June 2016 at 11:30 AM at: 59 Tauyelsizdik Ave, Astana, 010010, Republic of Kazakhstan, Assembly hall. Registration of the participants of the General meeting of shareholders will take place from 09:30 AM until 11:00 AM on 30 June 2016.

To register as a participant of the General meeting of shareholders, a shareholder 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 (Manager, CEO, President) 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.

The General meeting of shareholders may be attended by other persons without invitation.

A shareholder (shareholder’s representative), if not registered, shall not be counted in the quorum and shall not be entitled to vote.

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 at the General meeting of shareholders. However the shareholder shall submit documents certifying the ownership of the shares.

The list of shareholders authorized to participate at the General meeting of shareholders will be compiled as on 27 June 2016. 

Preliminary agenda of the General meeting of shareholders:

 1) Change in the number of the members of the Board of Directors and election of a new member of the Board of Directors. 

The agenda materials will be available since 20 June 2016 from 9:30 AM to 05:00 PM, except for weekends at: 59 Tauyelsizdik Ave, Astana, 010010, Republic of Kazakhstan, offices No. 901 and 917 and also on the corporate web sitewww.kegoc.kz in ‘Investors and shareholders’ section.

For any questions regarding the agenda materials please call: +7-(7172)-690-491, 690-298 or post your question on the blog of the Chairman of KEGOC’s Management Board atwww.kegoc.kz.

The General Meeting of Shareholders shall be entitled to consider and decide on the agenda, if the registered shareholders (or their representatives included in the list of shareholders and entitled participate and vote at the General meeting of shareholders) hold in aggregate fifty (50) and more per cent of the voting shares of the Company.

If there is no quorum, the repeated meeting of shareholders will be held on 1 July 2016 at 11:30 AM at the above address. Registration of the participants of the General meeting of shareholders will take place from 09:30 AM until 11:00 AM on 1 July 2016. 

The procedure for holding the General meeting of shareholders is defined by the Law of the Republic of Kazakhstan ‘On Joint Stock Companies’.