Notice of Extraordinary General Meeting of Shareholders of Kaspi.kz

Rhea-AI Summary

Kaspi.kz (Nasdaq: KSPI) has announced an Extraordinary General Meeting of Shareholders scheduled for August 21, 2024 in Almaty, Kazakhstan. The agenda includes approval of dividend payments and appointment of an external auditor. The Board recommends a dividend of 850 KZT per common share, with a proposed record date of August 20, 2024 for common shareholders and August 22, 2024 for ADS holders. The Board also recommends renewing Deloitte LLP's appointment as external auditor for another 12 months. If quorum is not met, a repeated meeting will be held on August 22, 2024.

Positive

• Board recommends a dividend of 850 KZT per common share
• Proposal to renew Deloitte LLP as external auditor for 12 months

Negative

• None.

ALMATY, Kazakhstan, July 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of JSC Kaspi.kz (Nasdaq: KSPI) hereby announces the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz will be held on 21 August 2024 at 10:00 Astana time at: 154 “А”, Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013.

If a quorum is not met, a repeated General Meeting of Shareholders will be held on 22 August 2024 at 10:00 Astana time at: 154 “А”, Nauryzbai Batyr Street, Almaty, Kazakhstan, 050013.

Agenda of the Extraordinary General Meeting of Shareholders:

1. Approval of the agenda;
2. Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;
3. Appointment of the external auditor to audit JSC Kaspi.kz’s financial statements.
   

The Board of Directors recommends renewing the appointment of Deloitte LLP for a further 12 months. Following appointment of the external auditor at the Extraordinary General Meeting of Shareholders, remuneration of the auditor will be approved by the Board of Directors as required by the Laws of Kazakhstan.

The list of shareholders entitled to participate in the Extraordinary General Meeting of Shareholders will be determined based on the shareholder register of JSC Kaspi.kz as at 22 July 2024.

The Board of Directors recommends 850 KZT dividend per common share for approval by the shareholders.

The proposed record date of shareholders list for dividends payable to holders of JSC Kaspi.kz’s common shares is 20 August 2024.

The expected dividend record date for holders of JSC Kaspi.kz’s American Depositary Shares (“ADSs”) is 22 August 2024.

For further information

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

FAQ

When is Kaspi.kz's (KSPI) Extraordinary General Meeting of Shareholders scheduled for 2024?

Kaspi.kz's Extraordinary General Meeting of Shareholders is scheduled for August 21, 2024 at 10:00 Astana time in Almaty, Kazakhstan.

What dividend amount has Kaspi.kz's (KSPI) Board recommended for 2024?

The Board of Directors of Kaspi.kz has recommended a dividend of 850 KZT per common share for approval by the shareholders.

What is the proposed record date for Kaspi.kz's (KSPI) dividend payment in 2024?

The proposed record date for Kaspi.kz's dividend payment is August 20, 2024 for common shareholders and August 22, 2024 for ADS holders.

Who has Kaspi.kz's (KSPI) Board recommended as external auditor for 2024?

The Board of Directors recommends renewing the appointment of Deloitte LLP as external auditor for a further 12 months.