The Amount, Form, and Term of Dividends Distribution:

The Board of Directors, after evaluating the Company's financial performance, presents a detailed proposal for dividend distribution to the General Shareholders Meeting. 

This proposal, inter alia, includes:

- information on the proposed dividend amount per common share, 

- the method and form of distribution, and 

- the timeline for disbursement. 

Key factors influencing the proposed dividend amount cover net income, solvency indicators, financial stability metrics, and strategic development goals. The materials provided to shareholders during the General Shareholders Meeting ensure comprehensive information, fostering an informed discourse on dividend distribution. Decisions regarding the payment/nonpayment of dividends on common shares and the approval of the dividend amount per common share for the financial year are made by a simple majority of voting shares. 

The designated amount for dividends distribution should be a minimum of 40% of the net income. However, the Board of Directors has the authority to propose a lower distribution, considering audited financial outcomes, industry dynamics, and the Company's capital investment program. Prohibitions on dividend distribution are in place if the Company's net worth turns negative or triggers insolvency criteria. The calculation of dividend amounts is done per common share, and any remaining net income not distributed remains within the Company's control for use in line with its objectives.

Dividends paid to KIC shareholders in KZT during 2021, 2022, and 2023: