We contribute to the development of certain sectors of the mining and metallurgical industry of the Republic of Kazakhstan by implementing projects jointly with strategic investors

​AFFILIATES

According to the Law of the Republic of Kazakhstan № 415-II On Joint Stock Companies, dated May 13, 2003

An affiliated person of the company shall be:

1) a major shareholder;

2) close relatives, spouse (wife), close relatives of husband (wife) of an individual, referred to in sub-paragraphs 1), 3) and 8), except for the independent director of the company;

3) an official of the company or a legal entity, referred to in subparagraphs 1), 4), 5), 6), 6-1), 7), 8), 9) and 10), except for the independent director;

4) a legal entity, controlled by a person that is a major shareholder or an official of the company;

5) a legal entity, in relation to which, the person that is the major shareholder or an official of the company, shall be the major shareholder or own a share in the property;

6) a legal entity, in relation to which the company shall be a major shareholder or have the right to an appropriate share in the property;

6-1) a legal entity, in relation to which the entity, referred to in subparagraph 6), shall be a major shareholder or have the right to the appropriate share in the property;

7) a legal entity that together with the company shall be under the control of the third party;

8) a person, that has a contract with the company, pursuant to which it shall have the right to influence the decisions, taken by the company;

9) a person that alone or together with its affiliated entities, owns, uses, disposes ten or more percent of the voting shares of the company (share ownership of the organization) or the legal entities, referred to in subparagraphs 1), 4), 5), 6), 6 - 1), 7), 8) and 10);

10) other person that is an affiliated person of the company in accordance with the legislative acts of the Republic of Kazakhstan.

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