JSC Halyk Bank: Election of members of the Board of Directors

Election of members of the Board of Directors of JSC Halyk Bank 25 April 2017

JSC Halyk Bank (the 'Bank') informs that Annual General Shareholders' Meeting of the Bank convened by the Board of Directors was held on 21 April 2017. Due to expiration of the term of powers of the Board of Directors of the Bank, the Annual General Shareholders' Meeting of the Bank resolved to elect the following members of the Board of Directors of the Bank for the term of 3 years: Alexander Pavlov, Anvar Saidenov, Arman Dunayev, Christof Ruehl and Frank Kuijlaars as Independent Directors, Mazhit Yessenbayev as a representative of JSC Holding Group ALMEX, and Umut Shayakhmetova. On the same day at the in-person meeting of the newly elected Board of Directors of the Bank, Alexander Pavlov was elected as Chairman of the Board of Directors of the Bank. Thus, in accordance with the best international practices of corporate governance, the new Board of Directors of the Bank includes seven directors, five of which are independent. As of the date of the Annual General Shareholders' Meeting of the Bank, the elected members of the Bank's Board of Directors did not hold voting shares of the Bank and shares (minority interest in share capital) of the Bank's subsidiaries. To learn further about the new Board of Directors of the Bank please see: http://www.halykbank.kz/ru/about/management For further information please contact: