Resolutions of the Board of Directors

On October 28, 2022, an in-person meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held, which considered the following issues:

1. Review of the Business Plan (Development Plan) JSC NMC Tau-Ken Samruk for 2023-2027.

2. On approval of amendments and additions to the Charter of JSC NMC Tau-Ken Samruk.

3. On approval of the list of non-strategic assets of JSC NMC Tau-Ken Samruk, subject to withdrawal from the structure of the JSC NMC Tau-Ken Samruk Group of companies by 2028.

4. On approval of the list and methodology for calculating strategic key performance indicators of JSC NMC Tau-Ken Samruk for 2023-2027.

5. On approval of the concept of energy transfer of JSC NMC Tau-Ken Samruk until 2060 in a new edition.

6. Review of the Summary Report on monitoring the implementation of investment projects of JSC NMC Tau-Ken Samruk for 9 months of 2022.

7. On amendments to the action plan for the implementation of sustainable development for 2022-2023.

8. On corporate governance issues.

9. Review of the Performance Report and the Performance Evaluation Report of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q3 2022.

10. Review of the report on the activities and remuneration of the Compliance Officer of JSC NMC Tau-Ken Samruk for Q3 2022.

11. On approval of the instructions for conducting compliance checks and investigations in JSC NMC Tau-Ken Samruk and its subsidiaries.

12. Review of the report of the Corporate Secretary of JSC NMC Tau-Ken Samruk and performance evaluation for Q3 2022.

On September 30, 2022, 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. On approval of the organizational structure of JSC NMC “Tau-Ken Samruk” in a new edition.
  2. Consideration of the Report on implementation of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2022-2026 following M6 2022.
  3. On approval of the Rules for Setting Limits on Balance Sheet and Off-Balance Sheet Obligations for Counterparty Banks of JSC “National Mining Company “Tau-Ken Samruk” in the new edition and Internal Limits for Counterparty Banks of the Company for 2022.
  4. Consideration of the Program for Ensuring and Improving the Quality of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2022-2024.
  5. On approval of the Rules of Talent Management of JSC NMC Tau-Ken Samruk and the Standard Rules of Talent Management of subsidiaries of JSC NMC Tau-Ken Samruk.
  6. On amendments and additions to the description of the positions of the CEO and Chief Project Management Director of JSC NMC Tau-Ken Samruk.
  7. On payment to employees of the Internal Audit Service, the Corporate Secretary, as well as the Compliance Officer of JSC NMC Tau-Ken Samruk based on the results of work for 2021 in order to link material incentives with the results of corporate key performance indicators of the Company.

On August 19, 2022, 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. On entering transactions between JSC SWF Samruk-Kazyna and JSC NMC Tau-Ken Samruk on transfer of state property management in the form of 100% of interest in the authorized capital of Topaz-NS, Markhit, Akmolit Limited Liability Partnerships, in which JSC NMC Tau-Ken Samruk has an interest.
  2. 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 2022 in the new version.
  3. On approval of the Action Plan for Evaluating Performance of the Board of Directors and its Committees, the Chairman, Members of the Board of Directors and the Corporate Secretary of JSC NMC Tau-Ken Samruk for 2021-2022.
  4. Consideration of the audit report of the Internal Audit Service of JSC NMC Tau-Ken Samruk.
  5. Amendments to the Annual Audit Plan of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2022.
  6. Amendments to the internal documents of the Internal Audit Service of JSC NMC Tau-Ken Samruk.
  7. On Amending the Composition of Committees of the Board of Directors of JSC NMC Tau-Ken Samruk.
  8. On approval of the Risk Report of JSC NMC Tau-Ken Samruk for Q2 2022.
  9. Consideration of the Report on Transparency and Efficiency of Information Disclosure Processes of JSC NMC Tau-Ken Samruk for H1 2022.
  10. On payment of remuneration to the members of the Management Board of JSC NMC Tau-Ken Samruk for 2021 based on the implementation of key performance indicators.

On July 29, 2022, an in-person meeting of the Board of Directors of JSC NMC Tau-Ken Samruk was held, which considered the following issues:

1. On consideration of scenarios for implementation of the project “Extraction and Processing of Polymetallic Ores at the Alaigyr deposit in the Karaganda Region”.

2. Review of the Summary Report on monitoring the implementation of investment projects of JSC NMC Tau-Ken Samruk for 6M 2022.

3. On consideration of the Performance Report of the 2022-2023 Action Plan of JSC NMC Tau-Ken Samruk for implementation of sustainable development following H1 2022.

4. On approval of amendments to the Instructions on Compliance verification of Counterparties in JSC NGC Tau-Ken Samruk.

5. Consideration of the guarantee card of JSC NMC Tau-Ken Samruk.

6. Review of the Performance Report and the Report on Performance Evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q2 2022.

7. Review of the Report on the performance and remuneration of the Compliance Officer of JSC NMC Tau-Ken Samruk for Q2 2022.

8. On consideration of the Performance Report of the 2022-2023 Action Plan for Improving Corporate Governance of JSC NMC Tau-Ken Samruk following Q2 2022.

9. Review of the Report of the Corporate Secretary of JSC NMC Tau-Ken Samruk and performance evaluation following Q2 2022.

10. On termination of powers and election of a new General Director of JV Alaigyr LLP.

On July 08, 2022, an in-person 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 in a new edition.
  2. Review of the Report on the implementation of the Business Plan (Development Plan) of JSC NMC Tau-Ken Samruk for 2022-2026 for 3M 2022.
  3. On approval of the Consolidated Annual Report of Joint Stock Company “National Mining Company “Tau-Ken Samruk” for 2021.
  4. On determining the position of JSC NMC Tau-Ken Samruk as a participant of JV NUR DALA LLP on issues related to the competence of the general meeting of participants of JV NUR DALA LLP.
  5. On establishment of South Ural Resources LLP and approval of its founding agreement and charter.
  6. Approval of amendments to the main terms of the Loan Agreement of ShalkiyaZinc LTD JSC and the provision of a Letter of Consent under the Sponsorship Agreement with the European Bank for Reconstruction and Development
  7. On signing a pledge agreement with Halyk Bank of Kazakhstan JSC for the subsoil use contract by LLP JV Alaigyr.
  8. On approval of the initial/minimum cost and terms of sale owned by JSC NMC Tau-Ken Samruk 100% of the shares in Tau-Ken Temir LLP and Silicon mining LLP.
  9. On automation of the activities of the Board of Directors of JSC NMC Tau-Ken Samruk.
  10.  Performance evaluation of the members of the Management Board of JSC NMC Tau-Ken Samruk for 2021 based on the implementation of key performance indicators.
  11. On approval of the Risk Report of JSC NMC Tau-Ken Samruk for Q3 and Q4 2021.
  12.  On approval of the Risk Report of JSC NMC Tau-Ken Samruk for Q1 2022.
  13. On approval of the consolidated Register and Risk Map of JSC NMC Tau-Ken Samruk for 2022.
  14.  On some issues of the Committees of the Board of Directors of JSC NMC Tau-Ken Samruk.

On May 31, 2022, an 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 amendments to the charters of some subsidiaries.

2. On approval of joint implementation of the exploration project with Lidya Madencilik (LFP).

3. Consideration of the audit report of the Internal Audit Service of JSC NMC Tau-Ken Samruk.

4. On revision of the official salary of the Compliance Officer, Corporate Secretary and Senior Auditor of the Internal Audit Service of JSC NMC Tau-Ken Samruk.

5. On consideration of the Report on Compliance/Non-Compliance with the Principles and Provisions of the Corporate Governance Code of JSC NMC Tau-Ken Samruk for 2021.

On April 20, 2022, the in-person 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 distributing net income for 2021 and the amount of the dividend per ordinary share of JSC NMC Tau-Ken Samruk for 2021.
  2. On consideration of the report on implementation of the Development Strategy of JSC NMC Tau-Ken Samruk for 2021.
  3. Review of the Summary Report on monitoring the implementation of investment projects of JSC NMC Tau-Ken Samruk for Q1 2022.
  4. Amending the Annual Audit Plan of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2022.
  5. Review of the Performance Report and the Report on the Performance Evaluation of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q1 2022.
  6. Review of the Performance and Remuneration Report of the Compliance Officer of JSC NMC Tau-Ken Samruk for Q1 2022.
  7. On consideration of the Report on implementation of the 2022-2023 Action Plan for Improving Corporate Governance of JSC NMC Tau-Ken Samruk following Q1 2022.
  8. On changing the composition of the Supervisory Board of LLP JV NUR DALA.
  9. On approval of amendments and additions to the Rules for Remuneration and Bonuses for Executives and Employees Accountable to the Board of Directors of JSC NMC Tau-Ken Samruk.
  10. On approval of the Succession Plan for the positions of the level of CEO, CEO-1 of JSC NGK Tau–Ken Samruk for 2022-2023
  11. On approval of individual development plans of members of the Management Board of JSC NMC Tau-Ken Samruk for 2022-2023
  12. On approval of the Succession Policy of the Members of the Board of Directors of JSC NMC Tau-Ken Samruk.
  13. Review of the report of the Corporate Secretary of JSC NMC Tau-Ken Samruk and performance evaluation based on the results of Q1 2022.
  14. On approval of the adjustment of the Investment Memorandum “Joint development of the Severniy Katpar and Verkhniye Kairakty tungsten deposits”.

On March 18, 2022, 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 Report on the Implementation of the Business Plan (Development
    Plan) of JSC NMC Tau-Ken Samruk for 2021-2025 for M12 2021
  2. Pre-approval of the Annual Financial Statements of JSC NMC Tau-Ken Samruk for
    2021 and its Submission for Consideration and Approval of the Sole Shareholder
  3. On Providing Collaterals to LLP JV Alaigyr
  4. Adjustment of the Investment Memorandum on the Appraisal of Metals at Promising
    Berkara Deposit and Samombet Ore Field in Karaganda Region
  5. On the Issues of Introduction of the Sustainable Development in JSC NMC Tau-Ken
    Samruk
  6. On Amending the Composition of Committees of the Board of Directors of JSC NMC
    Tau-Ken Samruk
  7. On the Report on the Implementation of Individual Development Plans of the Members
    of the Management Board of JSC NMC Tau-Ken Samruk for 2021
  8. On Approval of the Job Descriptions of the Chief Project Management Director and Chief
    Business Support Director of JSC NMC Tau-Ken Samruk
  9. Consideration of the Annual Report of the Board of Directors of JSC NMC Tau-Ken
    Samruk for 2021.

On February 18, 2022, the in-person 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 total number of employees and organizational structure of JSC NMC Tau-Ken Samruk in a new edition.
  2. On amendments and additions to the Regulations on the Management Board of JSC NMC Tau-Ken Samruk.
  3. On amendments to the Charter of Severny Katpar LLP.
  4. Consideration of the Report on Transparency and Efficiency of Disclosure Processes of JSC NMC Tau-Ken Samruk for H2 2021.
  5. Consideration of the Summary Report on monitoring the implementation of investment projects of JSC NMC Tau-Ken Samruk for 2021.
  6. On the delivery of 2 licenses for exploration on Valerian Square in the Aktobe region within the framework of the joint project of JSC NMC Tau-Ken Samruk and Kazakhstan Fortescue LLP.
  7. On approval of the new edition of the Code of Business Ethics of JSC NMC Tau-Ken Samruk.
  8. On approval of amendments to the Anti-Corruption Policy in JSC NMC Tau-Ken Samruk and its subsidiaries.
  9. On approval of amendments and additions to the Whistleblowing of JSC NMC Tau-Ken Samruk.
  10. Consideration of the Operating and Remuneration Report of the Compliance Officer of JSC NMC Tau-Ken Samruk for Q4 2021.
  11. On some issues of improving the corporate governance system.
  12. Consideration of the Operating Report and Performance Evaluation Report of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for Q4 2021.
  13. Consideration of the Operating Report and Performance Evaluation Report of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for 2021.
  14. On assigning the duties of the Head of the Internal Audit Service of JSC NMC Tau-Ken Samruk
  15. Consideration of the Annual Audit Plan of the Internal Audit Service of JSC NMC Tau-Ken Samruk for 2022.
  16. Consideration of the key performance indicators of the Internal Audit Service of JSC NMC Tau-Ken Samruk and its Head for 2022.
  17. On approval of the report on the implementation of the HR Policy of JSC NMC Tau-Ken Samruk for 2021.
  18.  On approval of motivational key performance indicators for the Chief Business Support Officer – Member of the Management Board of JSC NMC Tau-Ken Samruk and their target values for 2022 in a new edition.
  19. On approval of the description of the position of the CEO of JSC NMC Tau-Ken Samruk.
  20. Consideration of the new version of the Regulations on the Board of Directors of JSC NMC Tau-Ken Samruk and its further submission for consideration and approval of the Sole Shareholder.
  21. On some issues of the activities of the Corporate Secretary of JSC NMC Tau-Ken Samruk.

Resolutions of 2021

Resolutions of 2020

Resolutions of 2019

Resolutions of 2018