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Joint Stock Co Kaspi.kz director Vyacheslav Kim reported a series of open-market sales totaling 47,441 American Depositary Shares (ADSs) on May 12–13, 2026, at weighted average prices in the mid‑$80s per ADS. After these transactions, he directly held 38,782,801 ADSs, so the sales represent only a very small part of his overall stake.
Kaspi.kz reports strong top-line growth for the three months ended 31 March 2026, with revenue rising to 1,080,630 million KZT from 821,851 million KZT a year earlier. Marketplace, Payments and Fintech all contributed, led by Marketplace revenue of 519,860 million KZT and Fintech revenue of 429,553 million KZT.
Despite higher revenue, net income was broadly stable at 251,907 million KZT versus 254,049 million KZT, as costs and operating expenses increased to 758,329 million KZT. Basic earnings per share were 1,313 KZT, slightly below 1,327 KZT in 2025. Adjusted EBITDA improved to 367,859 million KZT, reflecting underlying operating strength.
Total assets reached 11,097,711 million KZT, with loans to customers of 7,262,533 million KZT and customer accounts of 7,428,537 million KZT. The bank’s Tier 1 capital ratio under Basel III was 20.1%, and Kazakhstan regulator ratios showed Tier 1 capital at 13.5%, comfortably above minimums. Subsequent events include a USD 600 million bond issue maturing in 2031 at a fixed 5.9% rate and declared dividends of 850 KZT per share for 2025, with a further 850 KZT per share dividend for Q1 2026 proposed.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported multiple open-market sales of the company’s American Depositary Shares (ADSs). Across May 8 and May 11, 2026, he sold a total of 44,691 ADSs at weighted average prices in the mid‑$80s to high‑$80s per ADS.
Each ADS represents one common share of Kaspi.kz. The transactions were executed in numerous individual trades within reported price ranges between about $84.055 and $89.25 per ADS, as disclosed in the filing’s footnotes.
Joint Stock Company Kaspi.kz has called an Extraordinary General Meeting of Shareholders for 11 June 2026 at 10:00 Astana time in Almaty, Kazakhstan, with a backup date of 12 June 2026 if quorum is not reached.
The agenda includes approval of the meeting agenda, setting the Counting commission, and a vote on paying dividends on common shares. The Board of Directors recommends a dividend of 850 KZT per common share, with a proposed dividend record date of 10 June 2026. Shareholders entitled to participate will be based on the register as of 08 May 2026.
Kaspi.kz reported strong growth for 1Q 2026, driven mainly by its e-Commerce and Marketplace platforms. Revenue rose 31% year-over-year to KZT1.1 trillion ($2.3 billion), helped by higher order frequency, growing value-added services like advertising and delivery, and expansion in Türkiye.
Adjusted EBITDA increased 9% to KZT368 billion ($768 million), while net income was broadly stable at KZT252 billion ($526 million), down 1% year-over-year as higher deposit funding costs and consolidation of Hepsiburada weighed on margins. The Board recommended a quarterly dividend of KZT850 per ADS, a 64% payout ratio, subject to shareholder approval.
e-Commerce GMV grew 41% year-over-year to KZT1.3 trillion ($2.6 billion), with purchases per consumer rising from 10.4 to 15. Marketplace revenue increased 49% to KZT520 billion ($1.1 billion), Payments TPV grew 14% to KZT11.4 trillion ($23.7 billion), and Fintech revenue rose 25% to KZT430 billion ($897 million) with cost of risk at 0.7%. Kaspi.kz also completed a $600 million 5.900% five-year Eurobond, adding liquidity and financial flexibility, and reaffirmed its full-year 2026 guidance.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported open-market sales of 25,694 American Depositary Shares (ADS) over two days. On May 6–7, 2026, he sold ADS in several tranches, with reported weighted average prices ranging from about $85.603 to $88.645 per ADS.
After these transactions, he directly holds 38,874,933 ADS, so the sales represent only a small fraction of his reported position.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported selling 31,596 American Depositary Shares (ADSs) in open-market transactions. The sales occurred on May 4 and May 5 at weighted average prices generally in the mid‑$80s per ADS.
Individual trades ranged from $83.61 to $88.24 per ADS based on the disclosed price ranges. Each ADS represents one common share of Kaspi.kz. After these transactions, the filing shows that Kim still holds a very large direct position measured in tens of millions of ADSs.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported open-market sales of 53,352 American Depositary Shares (ADS). The ADSs were sold on April 30 and May 1, 2026 at weighted average prices ranging from about $85.71 to $88.11 per ADS. Following these transactions, Kim directly holds 38,932,223 ADS, with each ADS representing one common share of the issuer.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported open-market sales of American Depositary Shares (ADS) over two days. On April 28 and 29, 2026, he sold a total of 62,585 ADS, with reported weighted average prices around $85–$89 per ADS. Footnotes state each ADS represents one common share and that the prices are weighted averages from multiple trades within disclosed price ranges.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported open-market sales of 56,434 American Depositary Shares (ADSs). The transactions occurred on April 24 and April 27, 2026, with reported weighted average prices ranging from $83.425 to $89.55 per ADS.
Each ADS represents one common share of Kaspi.kz. All sales were reported as direct ownership transactions, and the filing shows a continuing direct ADS position after these dispositions.