Transactions for 2019

1. On January 15, 2019, the Trust management agreement was signed on the basis of the decision of the Management Board of Samruk-Kazyna JSC dated December 26, 2018 (Minutes No. 42/18), under this Agreement Samruk-Kazyna Invest shall transfer 30 001 (thirty thousand and one) ordinary shares owned by it in the authorized capital of Tin One Mining JSC (25% of the equity share) to the trust management of JSC NMC Tau-Ken Samruk under terms agreed by Parties in the Trust management agreement.

2. Conclusion of Non-Gratuitous Loan Contract between JSC NMC Tau-Ken Samruk and Northern Katpar LLP is approved by Decision of the Management Board of JSC NMC Tau-Ken Samruk dated February 04, 2019 (Minutes No.03-19).

According to Contract No. 16 dated February 04, 2019, loan maturity – before December 31, 2019, remuneration rate – 0.1% per annum.

JSC NMC Tau-Ken Samruk is the Sole Shareholder of Northern Katpar LLP.

3. Conclusion of Non-Gratuitous Loan Contract between JSC NMC Tau-Ken Samruk and ShalkiyaZinc LTD JSC is approved by Decision of the Management Board of JSC NMC Tau-Ken Samruk dated February 18, 2019 (Minutes No.05-19).

According to Contract No.17 dated March 11, 2019, loan maturity – before April 10, 2019, remuneration rate – 5% per annum.

JSC NMC Tau-Ken Samruk is the Sole Shareholder of ShalkiyaZinc LTD JSC.

4. Conclusion of Non-Gratuitous Loan Contract between JSC NMC Tau-Ken Samruk and LLP JV Tau-Ken Project is approved by Decision of the Management Board of JSC NMC Tau-Ken Samruk dated March 13, 2019 (Minutes No.08-19).

According to Contract No.18 dated March 14, 2019, loan maturity – before December 31, 2019, remuneration rate – 0.1% per annum.

5. The conclusion of the Paid Loan Agreement between JSC NMC Tau-Ken Samruk and Alaigyr JV LLP was approved by the decision of the Management Board of JSC NMC Tau-Ken Samruk dated April 10, 2019 (Minutes No. 11-19).

According to Contract No. 23 dated April 11, 2019, the loan repayment term is no later than May 31, 2019, the interest rate is 0.1% per annum.

6. The decision of Board of JSC NMC Tau-Ken Samruk 06.05.2019 (Protocol №14-19), approved the conclusion of the Additional agreement № 17 to the Contract of a paid loan between JSC NMC Tau-Ken Samruk and LLP Silicon mining.

According to Additional agreement №17 of May 08, 2019, increase in the sum of a loan by 136,546,061.86 tenge up to 1,262,917,743.94 tenge is provided.
JSC NMC Tau-Ken Samruk is the Sole participant of limited liability partnership Silicon mining.

7. By the decision of the Management Board of JSC NMC Таu-Кеn Samruk as of May 28, 2019 (Minutes No. 16-19), the conclusion of the Supplementary Agreement No. 1 to the Repayable loanagreement between JSC NMC Таu-Кеn Samruk and JV Alaigyr LLP was approved. According to the Supplementary Agreement, loan termhas been extended until December 31, 2019.

JSC NMC Таu-Кеn Samruk is the Sole participant of JV Alaigyr LLP.

8. By the decision of the Management Board of JSC Таu-Кеn Samruk NMC as of May 28, 2019 (Minutes No. 16-19), the conclusion ofthe Bond Purchase and Sale Agreement of JSC Таu-Кеn Samruk NMC and JSC ShalkiyaZink LTD was approved.

According to the Agreement, maturity is 15 years 3 months, nominal value of one bond is 1000 tenge, amount is 5,065,407 pieces, interest rate is 0.1% per annum.

JSC Таu-Кеn Samruk NMC is the Sole participant of JSC ShalkiyaZink LTD.

9. According to the Decision of the Management Board of JSC Tau-Ken Samruk NMC as of June 6, 2019 (Minutes No. 17-19), the conclusion of the Bond Purchase Agreement between JSC Tau-Ken Samruk NMC and JV Alaigyr LLP was endorsed.

Under the Agreement, the period of repayment is 15 years and 3 months, the nominal value per one bond is 1000 tenge, the number of bonds is 2,271,326, the rate of return is 0.1% per annum.

JSC Tau-Ken Samruk NMC is the Sole participant of JV Alaigyr LLP.

10. According to the Decision of the Management Board of JSC Tau-Ken Samruk NMC as of May 28, 2019 (Minutes No. 16-19), the conclusion of the Reimbursable Loan Agreement between JSC Tau-Ken Samruk NMC and Shokpar-Gagarin LLP was endorsed.

Under the Agreement No. 43 as of June 10, 2019, the loan maturity date is no later than January 31, 2020; the rate of return is 0.1% per annum.

JSC Tau-Ken Samruk NMC is the Sole participant of Shokpar-Gagarin LLP.

11. Conclusion of the Supplemental Agreement No. 2 to the Agreement on paid loan is approved by the decision of the Management Board of Tau-Ken Samruk NMC JSC dated July 19, 2019 (Minutes No. 21-19) between Tau-Ken Samruk NMC JSC and JV Alaigyr LLP. According to the Supplemental agreement dated July 19, 2019, the loan amount has been increased.

Tau-Ken Samruk NMC JSC is the only member of Alaigyr JV LLP.

12. Conclusion of the Supplemental agreement to the Agreement on paid loan is approved by the decision of the Management Board of Tau-Ken Samruk NMC JSC dated July 05, 2019 (Minutes No. 20-19) between Tau-Ken Samruk NMC JSC and Silicon mining LLP. According to the Supplemental Agreement of July 5, 2019, the loan amount has been increased.

Tau-Ken Samruk NMC JSC is the Sole participant of Silicon mining LLP.

13. By the decision of Board of JSC NMC Tau-Ken Samruk 19.08.2019 (Protocol №24-19), approved the conclusion of the Additional agreement to the Contract of a paid loan between JSC NMC Tau-Ken Samruk and LLP Silicon mining. The loan sum was increased in accordance with the Supplementary Agreement dated August 20, 2019.

JSC NMC Tau-Ken Samruk is the Sole Shareholder of ShalkiyaZinc LTD JSC.

14. Supplemental Refundable Loan Agreement between “Tau-Ken Samruk NMC” JSC and “Northern Katpar” LLP was approved upon the resolution of Management Board of “Tau-Ken Samruk NMC” JSC dated September 16, 2019 (Minutes No. 27-19). Based on the Supplemental Agreement dated September 18, 2019, the loan amount was increased.

“Tau-Ken Samruk NMC” JSC is the Sole Shareholder of North Katpar LLP.

15. Supplemental Refundable Loan Agreement between “Tau-Ken Samruk NMC” JSC and “Silicon mining” LLP was approved upon the resolution of Management Board of “Tau-Ken Samruk NMC” JSC dated 16.09.2019 (Minutes No. 27-19). Based on the Supplemental Agreement dated September 19, 2019, the loan amount was increased.

“Tau-Ken Samruk NMC” JSC is the Sole Shareholder of «Silicon mining» LLP.

16. Conclusion of the Addendum to the Payable Loan Agreement between Tau-Ken Samruk NMC JSC and Tau-Ken Temir LLP was approved by the Resolution of the Management Board of Tau-Ken Samruk NMC JSC dated November 27, 2019 (Minutes No. 33-19).

The loan amount was increased, and the loan term was extended under Addendum dated December 31, 2019.

Tau-Ken Samruk NMC JSC is the Sole Member of Tau-Ken Temir LLP.

17. Conclusion of the Addendum to the Payable Loan Agreement between Tau-Ken Samruk NMC JSC and Masalsky MPP LLP was approved by the Resolution of the Management Board of Tau-Ken Samruk NMC JSC dated 26.12.2019 (Minutes No. 36 -19).

The loan amount was increased and loan term was extended under Addendum dated December 31, 2019.

Tau-Ken Samruk NMC JSC is the Sole Member of Masalsky MPP LLP.

18. Conclusion of the Payable Loan Agreements No.147,148 dated 31.12.2019 between Tau-Ken Samruk NMC JSC and Shokpar-Gagarinskoye LLP was approved by the Resolution of the Management Board of Tau-Ken Samruk NMC JSC dated 27.12.2019 (Minutes No. 12/19).

The loan was issued under Agreements No. 147,148 dated December.

Tau-Ken Samruk NMC JSC is the Sole Member of Shokpar-Gagarinskoye LLP.