Resolutions of the Board of Directors

On November 26, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held, during which the following issues were considered:

  1. Consideration of the Report on the execution of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2021-2025 following 9M  2021.
  2. On amending the Charter of Silicon Mining LLP.
  3. On approval of the Rules for Business Trips of Employees of JSC NMC Tau-Ken Samruk.
  4. On determining the audit organization that audits the consolidated and separate financial statements of JSC NMC Tau-Ken Samruk for 2022, 2023, 2024 and the amount of payment for its services.
  5. Approval of amendments to the Corporate Accounting Policy of Tau-Ken Samruk JSC.
  6. Approval of the Policy of Tau-Ken Samruk National Mining Company JSC in attracting the services of audit organizations in the new edition.
  7. On consideration of the Report on Implementation of the Action Plan for Improving the Corporate Governance System of JSC NMC Tau-Ken Samruk for 2021 following Q3 2021.
  8. Consideration of the report on the performance and remuneration of the Compliance Officer of JSC NMC Tau-Ken Samruk following Q3 2021.
  9. On consideration of a candidate for the vacant position, Senior Auditor of the Internal Audit Service of JSC NMC Tau-Ken Samruk.
  10. On changing the composition of the Supervisory Boards of LLP JV Alaigyr, Tau-Ken Altyn LLP, Tau-Ken Temir LLP, Silicon Mining LLP, Severny Katpar LLP, Masalsky GOK LLP.
  11. On changing the composition of the Board of Directors of ShalkiyaZink LTD JSC.
  12. On determining the position of JSC NMC Tau-Ken Samruk as a participant of Kazzinc Holdings LLP on issues related to the competence of the general meeting of participants of Kazzinc Holdings LLP.
  13.  On changing the composition of the Committees of the Board of Directors of JSC NMC Tau-Ken Samruk.
  14. Consideration of the Summary Report on monitoring the implementation of investment projects of JSC NMC Tau-Ken Samruk for 9M 2021.
  15. On consideration of the Implementation Strategy of the project “Development of the Severny Katpar tungsten deposit in the Karaganda region”.
  16. On consideration of the consolidated financial model of JSC NMC Tau-Ken Samruk.
  17.  On the approval of the financial strategy of JSC NMC Tau-Ken Samruk 2022-2026.
  18. Review of the Report on the activities of the Corporate Secretary of JSC NMC Tau-Ken Samruk following Q3 2021.

On October 28, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held, during which the following issues were considered:

  1. Consideration of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2022-2026.
  2. On approval of the list of non-strategic assets of Tau-Ken Samruk JSC, subject to withdrawal from the structure of the Samruk-Kazyna JSC Group of Companies until 2028.
  3. On determination of the method of transferring 100% of the shares in Tau-Ken Temir LLP and Silicon Mining LLP to the competitive environment.
  4. On appointment of Makulbekov Rustem Nurlanovich as a member of the Management Board of JSC NMC Tau-Ken Samruk.
  5. On assignment of duties of the Director of Tau-Ken Altyn LLP.
  6. On approval of the election of a member of the Supervisory Board of joint ventures established by DVK together with JSC NMC Tau-Ken Samruk.

On September 30, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held, during which the following issues were considered:

  1. On approval of the concept of energy transfer of JSC NMC Tau-Ken Samruk until 2060.
  2. On approval of the LFP project providing for creation of a joint venture in the form of a consortium of JSC NMC Tau-Ken Samruk together with Kazakhstan Fortescue LLP for implementation of exploration projects in the Karaganda, Kyzylorda and Aktobe regions.
  3. On amendments to the composition of the Committees under the Board of Directors of JSC NMC Tau-Ken Samruk.
  4. On determination of the quantitative composition, term of office of the Board of Directors of ShalkiyaZink LTD JSC, election of the Chairman of the Board of Directors and its members.
  5. On the early termination of the powers of Kalymov Zhandos Agzholovich, the Senior Auditor of JSC NMC Tau-Ken Samruk.
  6. On approval of the completion of the Identification and Evaluation stage and transition to the Selection stage for the project “Development of the Severniy Katpar tungsten deposit in the Karaganda region”.
  7. On the early termination of the powers of Absametov Nariman Malisuly, the Chief Business Development Officer – Member of the Management Board of JSC NMC Tau-Ken Samruk.

The in-person meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held on September 01, 2021, which considered the following issues:

  1. On approval of the adjustment of key parameters of the project “Industrial development of polymetallic ores of the Shalkiya deposit in the Kyzylorda region with the construction of a processing plant” and amendments to the main terms of the Loan Agreement of ShalkiyaZink LTD JSC and the Sponsorship Agreement of Tau-Ken Samruk JSC as part of restructuring the loan of the European Bank for Reconstruction and Development.
  2. On the sale and transfer to the trust management of shares of JSC NMC Tau-Ken Samruk in Tau-Ken Mining LLP and TKS Geology LLP to Samruk-Kazyna Invest LLP.
  3. On delivery of 9 exploration licenses in the square Valeryanov in Aktobe region in the framework of the joint project of JSC NMC Tau-Ken Samruk and Kazakhstan Fortescue LLP.
  4. On approval of the list and methodology for calculating the strategic key performance indicators of JSC NMC Tau-Ken Samruk for 2022-2026.
  5. On consideration of the report on execution of the Action Plan of JSC NMC Tau-Ken Samruk for the implementation of sustainable development for 2021-2022 for H1 2021.
  6. Consideration of the Summary report on monitoring the implementation of investment projects of JSC NMC Tau-Ken Samruk for Q2 2021.
  7. Review of the Report on mplementation of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2021-2025 following H1 2021.
  8. Review of the Report on transparency and efficiency of information disclosure processes of JSC NMC Tau-Ken Samruk for H1 2021.
  9. On amendments to the job descriptions of the CEO, Chief Business Development Officer, Chief Project Management Officer and Chief Business Support Officer of JSC NMC Tau-Ken Samruk.

On August 04, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held where the following issues were considered:

  1. On consideration of the results of the state audit of JSC NMC Tau-Ken Samruk and the Order of the Accounts Committee to control the execution of the republican budget.
  2. On amendments to the Charter of Severniy Katpar LLP.
  3. On approval of the Risk Report of JSC NMC Tau-Ken Samruk for Q2 2021.
  4. On approval of the consolidated Register and Risk Map of JSC NMC Tau-Ken Samruk, updated following Q2 2021
  5. Review of the performance report of the Compliance Officer of JSC NMC Tau-Ken Samruk for Q2 2021.
  6. Consideration of the remuneration of the Compliance Officer of JSC NMC Tau-Ken Samruk for Q2 2021.
  7. Consideration of the Annual Audit Plan of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2021, taking into account changes and additions.
  8. Consideration of the performance report of the Internal Audit Service of JSC NMC Tau-Ken Samruk for Q2 2021.
  9. Performance evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q2 2021.
  10. On consideration of the Report on the implementation of the Action Plan for improving the corporate governance system of JSC NMC Tau-Ken Samruk for 2021 following Q2 2021.
  11. On approval of the key performance indicators of the members of the Management Board of JSC NMC Tau-Ken Samruk and their target values ​​for 2021 in the new edition.
  12. On determination of the number of members, the term of office of the Board of Directors of ShalkiyaZinc LTD JSC, election of the Chairman of the Board of Directors and its members.
  13. On election of the composition of the Supervisory Boards of JV Alaigyr LLP, Tau-Ken Altyn LLP, Tau-Ken Temir LLP, Silicon Mining LLP and Severniy Katpar LLP.
  14. On approval of the objectives of the Corporate Secretary of JSC NMC Tau-Ken Samruk for Q3 and Q4 2021.
  15. On amendments to the Policy on advanced training of members of the Board of Directors of Tau-Ken Samruk JSC and involvement of external experts by the Board of Directors of Tau-Ken Samruk JSC.

On July 15, 2021 the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held where the following issue was considered:

  1. On establishment of joint ventures between JSC NMC Tau-Ken Samruk Oil and Discovery Ventures Kazakhstan LLP for implementation of joint geological exploration projects (LFP).

On June 30, 2021, the Board of Directors of JSC NMC Tau-Ken Samruk has held the in-presence meeting, during which the following issues have been considered:

  1. Consideration of the Annual Report of the Board of Directors of JSC NMC Tau-Ken Samruk for 2020.
  2. On approval of the Consolidated Annual Report of Joint Stock Company National Mining Company “Tau-Ken Samruk” for 2020.
  3. On cancellation of the liquidation of Tau-Ken Mining LLP, TKS Geology LLP and the exclusion of these legal entities from the list of assets subject to withdrawal from the structure of Samruk-Kazyna JSC group of companies.
  4. Performance evaluation of the members of the Management Board of JSC NMC Tau-Ken Samruk for 2020, based on the implementation of key performance indicators.
  5. On approval of the Succession Plan for the positions of CEO, CEO-1 of JSC NMC Tau-Ken Samruk for 2021-2022
  6. On approval of the Rules for Remuneration and Bonuses Payment to the Executives and employees accountable to the Board of Directors of JSC NMC Tau-Ken Samruk.
  7. Consideration of candidates for the vacant position of Senior Auditor of the Internal Audit Service of JSC NMC Tau-Ken Samruk.
  8. Consideration of the Performance Report of the Internal Audit Service of JSC NMC Tau-Ken Samruk for Q1 2021.
  9. Performance evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q1 2021.

On June 22, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held where the following issues were considered:  

  1. On changing the composition of the Committees under the Board of Directors of JSC NMC Tau-Ken Samruk.
  2. On establishment of Nur Dala LLP and conclusion of the Standard Articles on the establishment of Nur Dala LLP between SH Minerals LLP and  JSC NMC Tau-Ken Samruk.

On May 20, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held, during which the following issues were considered:

  1. On the procedure for distribution of the net income for 2020 and the size of the dividend per ordinary share of JSC NMC Tau-Ken Samruk for 2020.
  2. On changes in the composition of the Committees under the Board of Directors of JSC NMC Tau-Ken Samruk.
  3. On amendments to the Charters of individual Subsidiaries.
  4. On conclusion of the transaction with Institute of Hydrogeology and Geoecology named after U. M. Akhmedsafin LLP and KMG Engineering LLP, in which JSC NMC Tau-Ken Samruk has an interest.
  5. Consideration of the Implementation Report of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2021-2025 for M3 2021.
  6. On approval of the adjustment of the key parameters of the “Industrial development of polymetallic ores of the Shalkiya deposit in Kyzylorda region with the construction of the processing plant” project.
  7. Consideration of the Consolidated Report on monitoring the investment projects implementation of JSC NMC Tau-Ken Samruk for Q1 2021.
  8. On consideration of the Budget of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2021.
  9. Consideration of the Performance Report of the Internal Audit Service of JSC NMC Tau-Ken Samruk for Q4 2020.
  10. Performance Evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q4 2020.
  11. Consideration of the Performance Report and the Performance Evaluation Report of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for 2020.
  12. Performance Evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for 2020.
  13. On consideration of the candidate for the vacant position of the Corporate Secretary of JSC NMC Tau-Ken Samruk.
  14. On approval of the job descriptions of the Chief Executive Officer, Members of the Management Board and Managing Director for Digitalization and HR of JSC NMC Tau-Ken Samruk.
  15. On approval of the total staff size and the organizational structure of JSC NMC Tau-Ken Samruk.

On April 7, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samrukwas held, during which the following issues were considered:

  1. On placing the duties of the Corporate Secretary of JSC NMC Tau-Ken Samruk
  2. On consideration of the report on implementation of the Development Strategy of JSC NMC Tau-Ken Samruk for 2020
  3. On the approval of roadmaps for t withdrawal of assets of JSC NMC Tau-Ken Samruk from the structure of the Samruk-Kazyna JSCgroup of companies
  4. Consideration of the Environmental Policy of JSC NMC Tau-Ken Samruk
  5. Review of the HSE Policy of JSC NMC Tau-Ken Samruk
  6. On determination of the term of office of the Management Board of JSC NMC Tau-Ken Samruk and extension of the powers of the members of the Management Board of JSC NMC Tau-Ken Samruk
  7. On approval of job descriptions for Compliance Officer, Head and employees of the Internal Audit Service of JSC NMC Tau-Ken Samruk
  8. Preliminary approval of the annual financial statements of JSC NMC Tau-Ken Samruk for 2020 and its submission for consideration and approval of the Sole Shareholder
  9. On approval of the consolidated Register and Risk Map of JSC NMC Tau-Ken Samruk, updated following Q1 2021
  10. On approval of the Risk Report of JSC NMC Tau-Ken Samruk for Q1 2021
  11. On approval of the Policy for Conflicts Of Interest Settlement among employees and officials of JSC NMC Tau-Ken Samruk and its subsidiaries
  12. On approval of amendments and additions to the Anti-Corruption Policy in JSC NMC Tau-Ken Samruk and its subsidiaries
  13. Consideration of the performance report of Compliance Officer JSC NMC Tau-Ken Samruk for Q4 2020
  14. Consideration of the remuneration of the Compliance Officer JSC NMC Tau-Ken Samruk for Q4 2020
  15. Consideration of the performance report of the Compliance Officer JSC NMC Tau-Ken Samruk for Q4 2021
  16. Consideration of the remunerationof the Compliance Officer JSC NMC Tau-Ken Samruk for Q1 2021
  17. On consideration of the Action Plan of JSC NMC Tau-Ken Samrukfor improving corporate governance for 2021
  18. Consideration of the Report on execution of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2020-2024 following 12 months of 2020.
  19. On approval of the total number of employees and the organizational structure of JSC NMC Tau-Ken Samruk
  20. On consideration of the draft Digital Transformation Program of JSC NMC Tau-Ken Samruk
  21. Consideration of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2021-2025, taking into account additional decomposed indicators.

On March 4, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samrukwas held, during which the following issues were considered:

  1. On the inexpediency of the project “Exploration of gold-bearing ores in the Yuzhno-Moiyntinskaya area in the Karaganda region” and delivery of a subsoil use contract to the competent authority.

On March 2, 2021, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samrukwas held, during which the following issues were considered:

  1. On changing the terms of the transaction for the alienation of 100% of JSC NMC Tau-Ken Samruk share in the authorized capital of Shokpar-Gagarinskoye LLP in favor of Sunlight Investments LLP.
  2. On termination of the CAPEX project (Capital investment projects), providing for increase in the raw material base of SiliconMining LLP.
  3. On consideration of the Management Plan for the project “Mining and processing of polymetallic ores at the Alaigyr deposit in the Karaganda region (Strategy 3.0)”
  4. On approval of the Regulations onexploration projects management of JSC NMC Tau-Ken Samruk and its subsidiaries in a new edition.
  5. Consideration of the Report on implementation of the JSC NMC Tau-Ken Samruk Action Plan for implementation of sustainable development for 2019-2020 following H2 2020.
  6. On approval of the Risk Report of JSC NMC Tau-Ken Samruk for 2020.
  7. On approval of the risk appetite of JSC NMC Tau-Ken Samruk for 2021
  8. Consideration of the Annual Audit Plan of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2021.
  9. Consideration of candidates for the vacant position of the Head of the Internal Audit Service of JSC NMC Tau-Ken Samruk.
  10. Consideration of the Report on implementation of the Action Plan for improving the corporate governance system of JSC NMC Tau-Ken Samruk for 2019-2020 following Q4 2020.
  11. Consideration of the Report on the transparency and efficiency of information disclosure processes of JSC NMC Tau-Ken Samruk for H2 2020.
  12. On amending the Charter of SeverniyKatpar LLP.

On December 29, 2020, the in-presence meeting to the Board of Directors of JSC NMC Tau-Ken Samruk was held, where 8 Agenda items were considered:

  1. On approval of the Consolidated Register and Risk Map of JSC NMC Tau-Ken Samruk for 2021.  
  2. On approval of motivational key performance indicators for the members of the Management Board of JSC NMC Tau-Ken Samruk and their target values for 2021.
  3. On determination of the amount and terms of payment of remuneration and compensation of expenses to a member of the Board of Directors of ShalkiyaZinc LTD JSC for the performance of his duties.
  4. Consideration of the report on implementation of the HR Policy of JSC NMC Tau-Ken Samruk for 2020.
  5. On amendments to the HR Policy of JSC NMC Tau-Ken Samruk for 2018-2028, approved by the decision of the Board of Directors of JSC NMC Tau-Ken Samruk of October 29, 2018 (Minutes No.09/18).
  6. Consideration of the annual Report of the Board of Directors of ShalkiyaZinc LTD JSC for 2020.
  7. On approval of the Work Plan of the Board of Directors of JSC NMC Tau-Ken Samruk for 2021.
  8. On presentation of the adjusted financial and economic model and the Investment Memorandum of the Shalkiya project based on Jorc data on the project “Industrial development of polymetallic ores of the Shalkiya deposit in the Kyzylorda region with the construction of a processing plant.

On December 09, 2020, the in-presence meeting to the Board of Directors of JSC NMC Tau-Ken Samruk was held, where 19 Agenda items were considered:

  1. Consideration of the Report on the execution of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2020-2024 for 9 months of 2020.
  2. On the delivery of 5 exploration licenses for the Kaskyrmys area in the Almaty region within the framework of a joint geological exploration project of JSC NMC Tau-Ken Samruk and Kazakhstan Fortescue LLP
  3. On consideration of the CBDO report on attracting investments.
  4. On approval of amendments and additions to the Regulation on the management of subsidiaries and dependent organizations of Joint-Stock Company “National Mining Company“Tau-Ken Samruk”.
  5. On approval of the Risk Report of JSC NMC Tau-Ken Samruk for Q3 2020.
  6. On approval of the consolidated Register and Risk Map of JSC NMC Tau-Ken Samruk, updated following Q3 2020.
  7. Consideration of the performance report of the Internal Audit Service of JSC NMC Tau-Ken Samruk for Q3 2020.
  8. Performance evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q3 2020.
  9. Consideration of key performance indicators of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for 2021.
  10. Consideration of the report of the Compliance officer of JSC NMC Tau-Ken Samruk for Q3 2020.
  11. Consideration of the remuneration of the Compliance Officer of JSC NMC Tau-Ken Samruk for Q2 2020.
  12. On the approval of the KPI for 2021 of the Compliance Officer of JSC NMC Tau-Ken Samruk.
  13. On amendments to the Regulation on the Compliance Officer of JSC NMC Tau-Ken Samruk.
  14. On consideration of the Report on the implementation of the Action Plan for improvement of the corporate governance system of JSC NMC Tau-Ken Samruk for 2019-2020 following Q3 2020”.
  15. Payment of remuneration to the members of the Management Board of JSC NMC Tau-Ken Samruk based on the achievement of key performance indicators for 2019.
  16. On approval of individual development plans for the members of the Management Board of  JSC NMC Tau-Ken Samruk for 2020-2021.
  17. On changes in the composition of the Supervisory Boards of Silicon Mining LLP, Tau-Ken Temir LLP and JV Alaigyr LLP.
  18. On amendments to the Charter of Silicon Mining LLP.
  19. On consideration of the activities of the Supervisory Board of JV Alaigyr LLP.

On November 05, 2020, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held in the framework of which 4 Agenda items were considered:

  1. Consideration of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2021-2025.
  2. On increase in the equity capital of Shokpar-Gagarinskoye LLP.
  3. On liquidation of TKS Geology LLP.
  4. On election of the senior Independent Director of JSC NMC Tau-Ken Samruk.

On October 09, 2020, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held in the framework of which 11 Agenda items were considered:

  1. Consideration of the Report on execution of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2020-2024 following 6 months 2020.
  2. On approval of the LFP project (M&A transaction) providing for alienation of  100% share of JSC NMC Tau-Ken Samruk in the equity capital of Shokpar-Gagarinskoye LLP to Sunlight Investments LLP.
  3. On approval of the Roadmap on implementation of the Development Strategy of JSC NMC Tau-Ken Samruk for 2020-2022.
  4. Consideration of key performance indicators of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for 2020.
  5. On consideration of the budget of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2020.
  6. Consideration of the оperating Report of the Internal Audit Service of JSC NMC Tau-Ken Samruk for H1 (Q1-2) 2020.
  7. Performance evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for H1 (Q1-2) 2020.
  8. On the mentoring surcharge to the Chief Business Development Officer – Member of the Management Board of JSC NMC Tau-Ken Samruk.
  9. On approval of the Action Plan for Performance Evaluation of the Board of Directors and its Committees, Chairman, Members of the Board of Directors and Corporate Secretary of JSC NMC Tau-Ken Samruk for 2020-2021.
  10. On pledging funds to LLP JV “Alaigyr” placed on a deposit account with the Eurasian Development Bank and making amendments to the conditions of the provided collateral under Loan Agreement No.819 of December 30, 2016
  11. On approval of the list of assets of JSC NMC Tau-Ken Samruk, subject to withdrawal from the structure of the Group of Companies of Samruk-Kazyna JSC until 2028.

On August 27, 2020, the in-presence meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held in the framework of which 16 Agenda items were considered:

  1. On approval of the list and methodology of calculation of strategic key performance indicators of JSC NMC Tau-Ken Samruk for 2021-2025.
  2. Consideration of the implementation strategy of the project “Joint development of tungsten fields Severniy Katpar and Verkhnee Kairaktinskoye in the Karaganda region” after completion of the preliminary feasibility study.
  3. On approval of the Sustainability Development Policy of Joint-Stock Company “National Mining Company “Tau-Ken Samruk”.
  4. On consideration of the report on execution of the 2019 – 2020 Action Plan of JSC NMC Tau-Ken Samruk for implementation of the sustainable development following Q2 2020.
  5.  On consideration of the Operating report of the Strategic Planning and Investment Committee under the Board of Directors of JSC NMC Tau-Ken Samruk for 2019.
  6. On approval of key performance indicators of members of the Management Board of JSC NMC Tau-Ken Samruk and their target values for 2020 in the new version.
  7. On consideration of the Operating report of the Nomination and Remuneration Committee under the Board of Directors of JSC NMC Tau-Ken Samruk for 2019.
  8.  On approval of the Risk report of JSC NMC Tau-Ken Samruk for Q2 2020.
  9. On approval of the consolidated Risk Register and Map of the Company for Q2 2020.
  10. On consideration of the Report on execution of the Action Plan for Improving the Corporate Governance System of JSC NMC Tau-Ken Samruk of the 2019 – 2020 for Q2 2020.
  11. On making additions to the Instruction on compliance verification of counterparties in JSC NMC Tau-Ken Samruk.
  12. On consideration of the Operating report of the Audit Committee under the Board of Directors of JSC NMC Tau-Ken Samruk for 2019.
  13. On approval of the total headcount and organizational structure of JSC NMC Tau-Ken Samruk in the new version.
  14. On approval of amendments to the Regulation on Management of Subsidiary and Dependent Organizations of Joint-Stock Company “National Mining Company “Tau-Ken Samruk”.  
  15. On reducing the equity capital in TKS Geology LLP, on approval of the Charter of TKS Geology LLP in the new version.
  16. Consideration of the Report on the disclosure transparency and effectiveness of JSC NMC Tau-Ken Samruk for H1 2020.

On July 28, 2020, it was held the official meeting of the Board of Directors of “NMC “Tau-Ken Samruk” JSC in terms of which it has been considered 10 items on the agenda:

  1. On the updating of the Corporate Strategy of the Joint Stock Company “National Mining Company “Tau-Ken Samruk”.
  2. On approval of the signing of the Supplement to the Term-sheet between “NMC “Tau-Ken Samruk” JSC and “Scandivanadium Ltd.” and the approval of the subsoil use licensing application.
  3. On the approval of the adjustments of the key parameters within the “Staroye” TMO project of the tailing dump of the Zyryanovsk Lead Mining Complex (LFP Project) and the terms of business with “Eurasian Minerals Trade” TOO LLP.
  4. On transfer of the subsoil use rights under the License No. 217-EL dated July 22, 2019 and the License No. 229-EL dated July 25, 2020 into the authorized capital of “Silicon Mining” LLP.
  5. Review of the Annual Audit Plan of the Internal Audit Service of “NMC “Tau-Ken Samruk” JSC for 2020.
  6. Review of the Progress report of the Compliance Officer of “NMC” Tau-Ken Samruk” JSCfor the first half of 2020.
  7. On approval of the motivational key performance indicators and their target values for 2020 of the Chief Director for Project Management and the Chief Director for Business Development of “NMC “Tau-Ken Samruk” JSC.
  8. On changing of the Supervisory Boards’ composition within the subsidiaries of “NMC “Tau-Ken Samruk” JSC.
  9. On the areas of concern within the policy management. 
  10. On amendments being made to the Charter of “Severniy Katpar”  LLP.

The Meeting of the Board of Directors of NMC Tau-Ken Samruk JSC was held in-person on June 30, 2020, where 15 issues have been proceeded:

  1. Review of the Report on the implementation of the Business plan (development Plan) of JSC  NMC “Tau-Ken Samruk” for 2020-2024 for 3 months of 2020».
  2. Approval of an interested-party transaction between JSC NMC “Tau-Ken Samruk” and KAZZINC LLP on the settlement of exploration issues in the territory of the Zyryanovsky enrichment plant tailings.
  3. Approval of the total number of employees and the organizational structure of JSC  NMC “Tau-Ken Samruk” in the new version»
  4. On the appointment of a Member of the Board of JSC NMC “Tau-Ken Samruk».
  5. Payment of remuneration to members of the Management Board of JSC NMC “Tau-Ken Samruk” based on key performance indicators for 2019.
  6. On approval of the project to search for copper and associated components in the Kundyzdinsky and Berchogursky districts of the Aktobe region, which provides for the use of own funds of JSC  NMC “Tau-Ken Samruk”.
  7. About approval of the project on assessment of metals at the prospective Berkara and Samombetsky field in the Karaganda region, providing for the use of own funds of JSC NMC”Tau-Ken Samruk”.
  8. Consideration of the implementation Strategy forproject “Mining and processing of polymetallic ores at the Alaigyr deposit in the Karaganda region.
  9. Review of the implementation Strategy for project “Joint development of the North Katpar and Upper Kairaktinskii tungsten mines in the Karaganda region».
  10. On approval of the concept for the exploration project in the Suzak district of South Kazakhstan region (LFP) in the framework of cooperation between JSC  NMC “Tau-Ken Samruk” and LLP “SH Minerals”.
  11. About approval of delivery, license No. 70-EL from April 10, 2019.
  12. Approval of the Regulations on the management of exploration projects of JSC NMC “Tau-Ken Samruk” and its subsidiaries.
  13. About liquidation of «Tau-Ken Mining» LLP.
  14. About consideration of results analysis of incoming correspondence from JSC “Samruk-Kazyna” in JSC NMC “Tau-Ken Samruk” in 2019.
  15. On the imposition of disciplinary sanctions on the General Directorate “Tau-Ken Temir”.

The Meeting of the Board of Directors of NMC Tau-Ken Samruk JSC was held in-person on June 5, 2020, where 3 issues have been proceeded:

1. Obtaining licenses for exploration of the Berkara and Samombet fields in Karaganda region.

2. Approval of Term-sheet signing between JSC NMC «Tau-Ken Samruk» and Scandivanadium Ltd.» including the approval of obtaining licenses for subsoil use.

3. On receiving a license Kundizdi and Berchogur districts in Aktobe region.

The Meeting of the Board of Directors of NMC Tau-Ken Samruk JSC was held in-person on April 20, 2020, where 16 issues have been proceeded:

  1. Review of the Business Plan implementation Report (Development Plan) of JSC NMC Tau-Ken Samruk for 2019-2023 in 12 months of 2019.
  2. Determination of the Tau-Ken Samruk NMC JSC status as the participant in KazzincHoldings LLP on the activities related to the competence of the general meeting of participants of KazzincHoldings LLP.
  3. Procedure of the net income distribution in 2019 and dividend amount per one ordinary share of Tau-Ken Samruk JSC for 2019.
  4. Approval of the concept for the geological exploration project in the Suzak district of the South Kazakhstan region (LFP) in frames of Tau-Ken Samruk NMC JSC and SH Minerals LLP cooperation.
  5. Approval of the key parameters adjustments in the project of TMO “Staroe” tailing pond of the Zyryanovsk Lead Plant (LFP Project) and terms of cooperation with Eurasian minerals trade LLP.
  6.  Termination of powers of the head of the Internal Audit of JSC NGK Tau-Ken Samruk Mrs. D.K. Yusupova.
  7. Approval of the new edition of the Rules in line to establish the limits on the balance and off-balance sheet commitments for counterparty banks of Tay-Ken Samruk NMC JSC».
  8. Approval of the Credit Risk Management Rules of Tau-Ken Samruk NMC JSC.
  9. Approval of the Consolidated Risk Register of Tau-Ken Samruk NMC JSC related to the Coronavirus COVID-19.
  10. Review of the Compliance Officer Report of Tau-Ken Samruk NMC JSC for Q-4 2019.
  11. Approval of KPI for the Compliance Officer of Tau-Ken Samruk NMC JSC for 2020.
  12. Nomination of experts to the Strategic Planning and Investment Committee of the Board of Directors of Tau-Ken Samruk NMC JSC.
  13. Modification of the Supervisory Board composition of Alaygyr LLP.
  14. Approval of job description and job evaluation (grade) and salary scheme for the Corporate Secretary of Tau-Ken Samruk NMC JSC.
  15. Determination of the quantitative composition of the Management Board of Tau-Ken Samruk NMC JSC.
  16. Approval of the job descriptions, job evaluations (grades) of the Chairman and members of the Management Board of Tau-Ken Samruk NMC JSC.

The Meeting of the Board of Directors of NMC Tau-Ken Samruk JSC was held in-person on March 12, 2020, where 28 issues have been proceeded:

  1. On review of the CEO’s periodic report.
  2. Review of the CFO’s periodic report for 12 months of 2019.
  3. Preliminary approval of the annual financial statements of Tau-Ken Samruk NMC JSC and submission of that for approval of Sole Shareholder.
  4. Approval of the Risk Report of Tau-Ken Samruk NMC JSC for 2019.
  5. Approval of the risk appetite of Tau-Ken Samruk NMC JSC for 2020.
  6. Update the internal regulatory documents in the scope of risk management and internal audit of Tau-Ken Samruk NMC JSC.
  7. Review of the Activity Report and Performance Assessment Report of Internal Audit of Tau-Ken Samruk NMC JSC and the Head of that for Q4 2019.
  8. Review of the Activity Report and Performance Assessment Report of Internal Audit of Tau-Ken Samruk NMC JSC and the Head of that for year 2019.
  9. Approval of the Counterparties Compliance Verification Instructions in Tau-Ken Samruk NMC JSC.
  10. Approval of the motivational key performance indicators for the members of Management Board and their target values for 2020.
  11. Modification of the composition of the Supervisory Boards of Masalsky MPP LLP and Silicon Mining LLP.
  12. Modification of the composition of the Supervisory Boards of North Katpar LLP. 
  13. On the General Director of North Katpar LLP.
  14. Early termination of powers and nomination for the Director of Silicon Mining LLP.
  15. Increase the composition and nomination of new members of the Board of Directors of ShalkiyaZinc LTD JSC
  16. Approval of the Talent Management Rules of the group companies of Tau-Ken Samruk NMC JSC.
  17. Review of the HR Policy Report of Tau-Ken Samruk NMC JSC for 2019.
  18. Nomination, determination of the office term for the Corporate Secretary, as well as the size of the official salary and remuneration terms of the Corporate Secretary.
  19. Approval of the Activity Plan for the Board of Directors of Tau-Ken Samruk NMC JSC for 2020.
  20. Obtain 47 exploration licenses for solid minerals of Tau-Ken Samruk NMC JSC in frames of cooperation with Kazakhstan Fortescue LLP.
  21. Approval of the key parameters adjustments of the project “Extraction and processing of polymetallic ores at the Alaygyr deposit in Karaganda region.
  22. Approval of the total staffing and organizational chart of Tau-Ken Samruk NMC JSC.
  23. Determination of the Tau-Ken Samruk NMC JSC status as the participant of Kazzinc Holdings LLP in the activities related to the competence of the general meeting of participants of Kazzinc Holdings LLP and the General meeting of participants of Kazzinc LLP.
  24. Review of the Report on the transparency and efficiency of the information disclosure processes in Tau-Ken Samruk NMC JSC for the 2nd half of 2019.
  25. Modification to be made in the Charter of Tau-Ken Samruk NMC JSC.
  26. ShalkiyaZinc LTD JSC.
  27. Modification to be made in the Charter of Shokpar-Gagarinskoye LLP.
  28. Termination of the Agreement on the basic terms of transaction (Term Sheet) concluded between Tau-Ken Samruk NMC JSC and Xiamen Tungsten Co. Ltd. dated November 22, 2018.

Resolutions of 2019

Resolutions of 2018

Resolutions of 2017

Resolutions of 2016

Resolutions for 2015

Resolutions of 2014

Resolutions of 2013