Home 9. Annexes Information on interested-party transactions

Information on interested-party transactions

In 2022, the Management Board of Kazakhtelecom JSC approved and submitted to the Board of Directors of the Company 1 Decision of the Management Board and approved 7 Decisions of the Management Board concerning the conclusion of interested-party transactions, including:

  1. Decision of the Management Board No. 13/56 of 03.03.2022 “On entering into the Joint Activity Agreement between KT IX LLC and Kazakhtelecom JSC”.

    In accordance with the decision of the Management Board, Kazakhtelecom JSC and KT IX LLC entered into the Joint Activity Agreement No. 113-27-JAA dated 30.03.2022, pursuant to which the services are sold in the city of Moscow.

  2. Decision of the Management Board No. 22/94 of 25.05.2022 “On entering the transaction in which Kazakhtelecom JSC has an interest, with Mobile Telecom-Service LLP”.

    In accordance with the decision of the Management Board, an Agreement on the joint implementation of the FWA service is concluded with Mobile Telecom-Service LLP (at the stage of signing).

  3. Decision of the Management Board No. 30/124 of 06.06.2022 “On entering into a transaction with National Information Technologies JSC”.

    In accordance with the Management Board, the Services Procurement Agreement No.000740000728EER2208036/00 of 26.08.2022 was entered into with National Information Technologies JSC.

  4. Decision of the Management Board No. 30/126 of 06.06.2022 “On entering into the interested party transactions of Kazakhtelecom JSC — Term deposit agreement and Current bank account agreement with Kazpost JSC.

    In accordance with the decision of the Management Board, the agreements were concluded by signing the Applications for accession:

    • Application for Joining to the Current Bank Account Agreement (for legal entity, individual entrepreneur, peasant/farming enterprise, lawyer, private bailiff, professional mediator) with Kazpost JSC No. 173-32-ZP of 10.06.2022;
    • Application for adherence to the Term Deposit Agreement for opening a savings account and making a bank deposit (applicable to “KAZPOST-Corporate” Term Deposit) No.174-32-ZP of 10.06.2022.

  5. Decision of the Management Board No. 41/167 of 08.08.2022 “On entering into the transaction in which Kazakhtelecom JSC has an interest — the Agreement on transfer of state property management in the form of 50% share of participation in the authorized capital of Soft Art LLP”.

    Pursuant to the decision of the Management Board, Kazakhtelecom JSC and Samruk-Kazyna JSC concluded the Agreement on the transfer of state property management in the form of 50% share of participation in the authorized capital of Soft Art LLP from 08.08.2022 No. 188-27-DP/1509-I, and measures on trust management of Soft Art LLP are implemented.
  1. Decision of the Management Board No. 41/168 of 08.08.2022 “On entering into the transaction in which Kazakhtelecom JSC is the interested party — Additional Agreement No. 2 to the Cooperation Agreement between Kcell JSC, KaR-Tel LLP and Mobile Telecom-Service LLP dated 05.07.2022”.

    In accordance with the decision of the Management Board, additional agreement No.2 dated 08.08.2022 was signed with Kcell JSC, KaR-Tel LLP, Mobile Telecom-Service LLP and Vostoktelecom LLP to the Cooperation Agreement of 05.07.2022 and additional agreement No. 1 dated 05.08.2022, previously signed between Kcell JSC, KaR-Tel LLP and Mobile Telecom-Service LLP.

  2. Decision of the Management Board No 47/195 of 19.09.22 “On approval of conclusion of interested-party transactions on early redemption of bonds of Kazakhtelecom JSC (KZX0000013)”.

    Pursuant to the decision of the Board of Directors of 20.09.2022 (Protocol No. 10), bonds of Kazakhtelecom JSC (KZX000000013), placed on the Astana International Exchange Ltd in November 2018, were early repurchased. The total value of the repurchased bonds amounted to KZT 34 billion, the amount of remuneration paid was KZT 0.4 billion.

  3. Decision of the Management Board No 58/228 of 21.11.2022 “On signing Additional Agreement No. 13 to the Joint activity agreement No 743/12-DO/1171-03-JAA dated 14.12.2012 between Kazakhtelecom JSC and Mobile Telecom-Service LLP”.

    In accordance with the decision of the Management Board, additional agreement No 13 to the Joint activity agreement No 743/12-DO/1171-03-JAA of 14.12.2012 with Mobile Telecom-Service LLP, according to which recalculation of previously compensated amounts was made.