31.05.19
11:00

Results of the Annual General Meeting of Shareholders of Central Securities Depository JSC held on May 30, 2019

Central Securities Depository JSC (the Central Securities Depository) informs that the Annual General Meeting of its Shareholders (the Meeting) was held on May 30, 2019 whereon the following decisions have been made:

On the 1st item of the Agenda Concerning the Central Securities Depository’s activities in 2018 

To recognize the work of the Central Securities Depository’s Board of Directors and the Management Board in 2018 as satisfactory.

On the 2nd of the Agenda Concerning approval of the annual financial statements of the Central Securities Depository for 2018

To approve the annual financial statements of the Central Securities Depository for 2018 and to entrust the Central Securities Depository’s Management Board to ensure the publishing of such financial statements on the Central Securities Depository’s website (www.kacd.kz), as well its placement in the Depository of the financial statements in accordance with the legislation of the Republic of Kazakhstan.

On the 3rd item of the Agenda Concerning the procedure of distribution of net income (profit) of the Central Securities Depository for 2018

To send net income (profit) of the Central Securities Depository for 2018 to the amount of KZT 463,684,834,25 to its future development.

On item 4d of the Agenda Concerning the requests of the shareholders to the Central Securities Depository’s actions and its officials, as well on the results of consideration of such requests

To take note information about shareholders’ requests to the Central Securities Depository’s actions and its officials in 2018.

On item 5th of the Agenda Concerning information on amount and content of the remuneration of the members of the Board of Directors and the Management Board of the Central Securities Depository

To take note of information about amount and content of remuneration of the members of the Board of Directors and the Management Board of the Central Securities Depository.

On item 6th of the Agenda Concerning the amendments # 1 to the Rules of remuneration of the Board of Directors’ members – independent directors and payment for their expenses

1. To approve changes and addition #1 to the Rules of remuneration of the Board of Directors’ members – independent directors and payment for their expenses excluding the following elements of new article 4–1 of these Rules: paragraph 2, clause 1, clauses 2 and 3.

2. To recognize changes and addition # 1 to the Rules of remuneration of the Board of Directors’ members – independent directors and payment for their expenses, approved according to clause 1 of this decision, as valid from the moment of their approval.

On item 7th of the Agenda Concerning remuneration of the Board of Directors’ member – independent director of the Central Securities Depository at the end of 2018 

To determine the remuneration amount at the end of 2018 to A. M. Joldasbekov, the Board of Directors’ member – independent director of the Central Securities Depository.

On the item 8th of the Agenda Concerning determination of the quantitative composition and authorities period of the Central Securities Depository’s Board of Directors, on election of the members of the Central Securities Depository’s Board of Directors, on amounts of fixed monthly remunerations of the members of the Central Securities Depository’s Board of Directors

1. To determine the quantitative composition of the Board of Directors in number of five members, including two unelected members of the Board of Directors in accordance with the law of the Republic of Kazakhstan On Joint Stock Companies and the Charter of the Central Securities Depository (the representative of the National Bank of the Republic of Kazakhstan and the President of the Central Securities Depository), two independent directors of the Central Securities Depository and one representative from the Central Securities Depository’s shareholders.

2. To determine that the authorities period of the Board of Directors will be expired at the moment of holding the Annual General Meeting of Shareholders of the Central Securities Depository in 2022.

3. To elect Idel Saitov as the member of the Board of Directors, representative from the Central Securities Depository’s shareholders, from the date of adoption of this decision.

4. to elect Sholpan Ainabayeva and Azamat Joldasbekov as the members of the Board of Directors – independent directors of the Central Securities Depository according to the results and the rules of accumulation voting from the date of adoption of this decision.

5. To determine the fixed monthly remuneration (from the date, following to the date of election as the Board of Directors’ members) to every independent director.

6. To determine the conditions, amounts and procedure of payment for additional remunerations for participation in work of the committees of the Board of Directors for the Board of Directors’ members – independent directors.

On item 9th of the Agenda Concerning the Central Securities Depository’s Charter as amended

1. T approve the Central Securities Depository’s Charter as amended with recognition from the first working day, following the day of approval as valid.

2. To recognize the Central Securities Depository’s Charter, approved by the decision of the Extraordinary General Meeting of Shareholders of the Central Securities Depository dated December 01, 2004 (Minutes #4), from the first working day, following the day of adoption of this decision as invalid.

3. To authorize the President of the Central Securities Depository to sign the Central Securities Depository’s Charter as amended.

4. To permit the Management Board of the Central Securities Depository to make amendments to the Central Securities Depository’s Charter as amended in the process of its government registration.