Kaspi.kz: Announcement of AGM Results

Rhea-AI Summary

Kaspi.kz (NASDAQ: KSPI) held its Annual General Meeting on March 28, 2025, where several key resolutions were approved. The company's shareholders passed resolutions including the approval of 2024 annual audited financial statements and decided not to distribute additional dividends for 2024, considering previously paid quarterly dividends.

Other approved items included taking note of shareholder appeals regarding company and officer actions in 2024, and the reappointment of Deloitte LLP as the external auditor for the company's 2025 financial statements.

Positive

• Approval of 2024 audited financial statements
• Continuation of established audit relationship with Deloitte LLP

Negative

• No additional dividend distribution for 2024 beyond previously paid quarterly dividends

ALMATY, Kazakhstan, March 31, 2025 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (Nasdaq: KSPI) announces that the following resolutions were duly passed at its Annual General Meeting on 28 March 2025:

1. To approve the agenda of the Annual General Meeting of Shareholders of JSC Kaspi.kz:
   1. Approval of the agenda;
   2. Approval of JSC Kaspi.kz’s 2024 annual audited financial statements;
   3. Approval of the procedure to distribute JSC Kaspi.kz’s net income for the year 2024 and the amount of dividend per common share of JSC Kaspi.kz;
   4. Information on shareholders’ appeals on JSC Kaspi.kz and its officers’ actions and results of consideration thereof in 2024;
   5. Appointment of the external auditor to audit JSC Kaspi.kz’s financial statements.
2. To approve JSC Kaspi.kz's 2024 annual audited financial statements.
3. Considering previously quarterly paid dividends in 2024, not to pay dividends on common shares of JSC Kaspi.kz for 2024.
4. To take a note of the information on shareholders' appeals on JSC Kaspi.kz and its officers’ actions in 2024.
5. To reappoint Deloitte LLP as the external auditor to audit JSC Kaspi.kz’s 2025 financial statements.

For further information

David Ferguson, david.ferguson@kaspi.kz +44 7427 751 275

FAQ

What were the key decisions made at Kaspi.kz's (KSPI) 2025 AGM?

The AGM approved 2024 financial statements, decided against additional dividends for 2024, and reappointed Deloitte LLP as external auditor for 2025.

Will Kaspi.kz (KSPI) pay additional dividends for 2024?

No, Kaspi.kz decided not to pay additional dividends for 2024, considering the quarterly dividends already paid during the year.

Who will audit Kaspi.kz's (KSPI) financial statements in 2025?

Deloitte LLP was reappointed as the external auditor for Kaspi.kz's 2025 financial statements.

When did Kaspi.kz (KSPI) hold its 2025 Annual General Meeting?

Kaspi.kz held its Annual General Meeting on March 28, 2025.