JSC National Atomic Kazatomprom: Kazatomprom’s corporate governance rating changes to “A”

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22 december

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces that on the basis of the results of an independent diagnosis carried out in 2021, the corporate governance rating of the Company has been upgraded from “BBB” to “A”. JSC Samruk-Kazyna, the majority shareholder of Kazatomprom, engaged an independent consultant PricewaterhouseCoopers to perform the diagnostics, and the company has demonstrated the highest level of corporate governance.

Such a high result is evidence of increasing efficiency of internal systems of Kazatomprom. Measures to improve the corporate governance system have been successfully implemented. The Company has achieved significant qualitative growth in areas such as the rights and interests of shareholders, the effectiveness of the Board of Directors and the Management Board, transparency and the dissemination of information, as well as sustainable development.

Kazatomprom will continue to work on improving its corporate governance. The primary objective of Kazatomprom’s corporate governance is to increase the long-term value of the Company by creating an efficient and transparent business, maintaining reliable and efficient relations with shareholders and investors.

For more information, please contact:

Kazatomprom Investor Relations Investigations

Cory Kos, Director of Investor Relations

Phone: +7 (8) 7172 45 81 80

Email: [email protected]

Kazatomprom public relations and media inquiries

Torgyn Mukayeva, head expert of the RG & RP department

Phone: +7 (8) 7172 45 80 63

Email: [email protected]

About Kazatomprom

Kazatomprom is the world’s largest producer of uranium, with Company-attributable production accounting for approximately 23% of global primary uranium production in 2020. Kazatomprom enjoys the industry’s largest reserve base and operates, through the ‘intermediary of its subsidiaries, JVs and associates, 26 deposits grouped into 14 mining assets. All of the Company’s mining operations are located in Kazakhstan and extract uranium using ISR technology with an emphasis on maintaining state-of-the-art health, safety and environmental standards (ISO 45001 certified and ISO 14001).

Kazatomprom’s securities are listed on the London Stock Exchange and the Astana International Stock Exchange. As the national nuclear company of the Republic of Kazakhstan, its main customers are the operators of nuclear generation facilities and the main export markets for the Company’s products are China, South and East Asia. , Europe and North America. Kazatomprom sells uranium and uranium products under short and long term contracts directly from its head office in Nur-Sultan, Kazakhstan, and through its Swiss-based trading subsidiary, Trade House KazakAtom AG (THK).

For more information, please visit the company’s website at http://www.kazatomprom.kz

Forward-looking statements

All statements other than statements of historical fact included in this communication or document are forward-looking statements. Forward-looking statements provide the Company’s current expectations and projections regarding its financial condition, results of operations, plans, objectives, future performance and business. These statements may include, but are not limited to, statements preceded, followed or including words such as “target”, “believe”, “expect”, “aim”, “intend”, ” can “,” anticipate “,” estimate, “” plan “,” project “,” will “,” may have “,” probably “,” should “,” should “,” could “and other words and terms similar or negative in meaning.These forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company which could cause the actual results, performance or achievements of the Company to be materially different of the expected results, performances or achievements expressed or implied by these forward-looking statements. ra in the future. THE INFORMATION REGARDING THE PROJECTIONS PRESENTED HEREIN IS BASED ON A NUMBER OF ASSUMPTIONS CONCERNING FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT ECONOMIC AND COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, OF WHICH NONE MAY BE CERTAIN OF ANY BACKGROUND. INCLUDING THE COMPANY. THERE IS NO ASSURANCE THAT THE PROJECTIONS WILL BE ACHIEVED AND THE ACTUAL RESULTS MAY BE GREATER OR LESS THAN INDICATED. NONE OF THE COMPANY OR ITS SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS OR AFFILIATES, OR ANY REPRESENTATIVE OR AFFILIATE OF THE FOREGOING, ASSUMES RESPONSIBILITY FOR THE ACCURACY OF THE PRESENTATIONS CONTAINED HEREIN. The information contained in this communication or document, including, but not limited to, forward-looking statements, apply only as of the date hereof and are not intended to give assurances as to future results. The Company expressly disclaims any obligation or commitment to release any updates or revisions to this information, including financial data or forward-looking statements, and will not publish any revisions it may make to the Information that may result from any change in expectations, any change in the events, conditions or circumstances upon which these forward-looking statements are based, or other events or circumstances occurring after the date hereof.

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