OREANDA-NEWS. Kazakhstan Stock Exchange (KASE or the Exchange), located at 280 Baizakov St., Almaty, Republic of Kazakhstan, Almaty Towers, North Tower, 8th Floor, 050040, announces that on May 25, 2016 at 3:00 pm ALT an annual general meeting of its shareholders at the above address was held with the following agenda:

1. Operations of the Exchange in 2015.
2. Approval of 2015 annual financial statements of the Exchange.
3. Exchange's 2015 net income distribution procedure.
4. Approval of the audit company for the purpose of auditing 2016 annual financial statements of the Exchange.
5. Shareholders appeals to the exchange and its officers and results of their consideration.
6. Size and composition of remuneration payable to members of the Exchange Board of Directors and Exchange Management Board in 2015.
7. Amending the Charter of the Exchange.
At the said meeting KASE shareholders adopted the following resolutions: 
1. To approve annual KASE 2015 financial statements.

 Votes:                   "For" – 632,999

                          "Against" – 0

                          "Abstained" – 0

2. To approve the following allocation procedure of 2015 KASE net income (profit):

  not to pay dividends on common shares of KASE based on 2015 results;

  KASE net income (profit) for 2015 in the amount of KZT1,014,658,557 and 77 tiyn (100%) shall be allocated for KASE development purposes.

  Votes:                   "For" – 632,999

                           "Against" – 0

                           "Abstained" – 0

3. To approve Ernst & Young LLC as the audit company for the purpose of auditing 2016 consolidated and separate financial statements of the Exchange.

  Votes:               "For" – 632,999

                       "Against" – 0

                      "Abstained" – 0



4.  To approve quantitative composition of members of the Board of    Directors – nine members, including:

  three non-electable members of the Board of Directors (two representatives of the National Bank of Kazakhstan as the authorized body, the owner of the "golden share" and Chairman of the Management Board of the Exchange ex officio);

  three representatives of the interests of shareholders of the Exchange;

  three independent directors of the Exchange.

  Votes:               "For" – 632,999

                       "Against" – 0

                       "Abstained" – 0



5. To approve an amendment No.1 to the Charter of KASE and authorize Alina Aldambergen to sign the amendment No.1 to the Charter of the Exchange.

  Votes:               "For" – 632,999

                       "Against" – 0

                       "Abstained" – 0