7 Nov 2016 12:46
PRESS RELEASE
On voting results at the Extraordinary General Meeting of ForteBank JSC Shareholders held on 07 November 2016
ForteBank JSC (Management Board is located at: 8/1, Dostyk str., Astana city, 010017, Republic of Kazakhstan) (hereinafter the "Bank") hereby announces the voting results at the Extraordinary General Meeting of the Bank Shareholders (hereinafter the "Meeting") held on 07 November 2016 from 09.00 to 10.00 by Astana standard time at: "Semey" conference room, 8th floor, 8/1, Dostyk str., Astana city, 010017, Republic of Kazakhstan.
In accordance with the approved agenda, the issue "On Composition of the Board of Directors of the Bank" was considered at the Meeting the voting results whereon are as follows:
"yes" - 74,005,264,810 (98.7587 % of the total common voting shares of the Bank present at the Meeting, and 97.3125239 % of the total outstanding common voting shares of the Bank)
"abstain" - 930,191,171 (1.2413 % of the total common voting shares of the Bank present at the Meeting, and 1.2231 % of the total outstanding common voting shares of the Bank)
"no" - 0
Pursuant to the voting results, within the issue "On Composition of the Board of Directors of the Bank", the Bank shareholders adopted the resolution as follows:
1. Magzhan Muratovich Auezov was elected as a member of the Board of Directors - Independent Director of the Bank.
2. The term of powers of Magzhan Muratovich Auezov as a member of the Board of Directors - Independent Director of the Bank was approved to expire simultaneously with the expiration of the same of the Bank Board of Directors as a whole, that is 31 January 2018.
3. The size of monthly fixed remuneration of Magzhan Muratovich Auezov, a member of the Board of Directors - Independent Director of the Bank was determined.
4. Other payments to Magzhan Muratovich Auezov, a member of the Board of Directors - Independent Director of the Bank were approved to be made in the amount and in the manner established by the Policy of Remuneration of Members of ForteBank JSC Board of Directors and Reimbursement of Costs thereof.
Thus, from 07 November 2016, the Board of Directors of the Bank shall consist of six members, three members whereof are the Independent Directors of the Bank (R. Bekturov, M. Auezov, Kh. Pandza). Along with them,
S. Svyatov, (Chairman of the Board of Directors of the Bank), A. Utemuratov and T. Issatayev are also members of the Board of Directors of the Bank.
For reference.
Total common voting shares of the Bank present at the Meeting during the whole time thereof amount to 74,935,455,981 (98.5357 % of the total outstanding common voting shares of the Bank).