Kcell : Election of new members of the Company’s Board of Directors

Election of new members of the Company's Board of Directors

01.12.2023

Almaty, 1 December 2023. Kcell Joint Stock Company (Kcell or Company) (KASE: KCEL), one of the leading providers of mobile telecommunications services in Kazakhstan, announces the election of Sanzhar Zhamalov and Dauren Kereybayev as new members of the Board of Directors of the Company at the Extraordinary General Meeting of Shareholders (EGM) held on 29 November 2023 at 11.00 at 51 Alimzhanov Street, Almaty. Minutes of the EGM #24.

The current Board of Directors of Kcell includes:

1. Alexey Buyanov - Chairman of the Board of Directors, Independent Director;
2. Aliya Kishkimbayeva - member of the Board of Directors, representative of shareholder Kazakhtelecom JSC;
3. Jere Calmes - member of the Board of Directors, independent director;
4. Pietari Kivikko - member of the Board of Directors, Independent Director;
5. Alexander Lezgovko - member of the Board of Directors, representative of shareholder Kazakhtelecom JSC;
6. Sanzhar Zhamalov - member of the Board of Directors, independent director;
7. Dauren Kereybayev - member of the Board of Directors, representative of a major shareholder Galimzhan Esenov.

Enquiries

Damir Mullashev

Authorized person for Stock Exchange

[e-mail]

Company Overview

Kcell is a Kazakh provider of digital telecommunications services: mobile communications and converged services of fixed communications (FMC), data transmission and Internet access, financial services, digital services and mobile applications, IT solutions in the field of system integration, the Internet of things, machine-to-machine connectivity, big data collection and processing and cloud computing. Kcell is also a leading mobile operator in Kazakhstan providing the 'smartphone + tariff' service.

Kcell has become the largest digital ecosystem in Kazakhstan with competitive advantages through its value-added services such as mobile financial services, mobile TV, online movies, music, books and magazines, as well as unique solutions for business customers. The company holds leading positions in the B2B market thanks to its strategy of vertical infrastructure solutions and development and implementation of the cutting-edge technologies. The company's ​​4G/LTE network covers 67.5% of the country's population and provides high quality services.

The company operates under its two brands - Kcell and activ that are widely recognized in our highly competitive telecom market due to the high quality of customer service. Thanks to its clear multi-brand architecture, Kcell increases its business efficiency in the B2C segment through optimal pricing for bundled offerings, customer base profitability management and network quality.