National Atomic Kazatomprom : Kazatomprom and Siemens will cooperate in the field of digitalisation and automation

30 November

NAC Kazatomprom JSC and its subsidiary KAP Technology LLP signed a strategic cooperation agreement with Siemens LLP on digitalisation and automation of Kazatomprom group of companies.

Since 2019, Siemens have been KAP Technology's partner in supplying equipment and providing consulting, engineering and maintenance services in the field of industrial automation. This partnership served as the basis for further expansion of cooperation between the parties.

"Kazatomprom is actively working to develop and introduce innovative projects in digitalisation and production automation. The partner's advanced technologies, equipment and software solutions have already influenced production optimization and improved the quality of products. I am confident that further cooperation with Siemens will have a positive impact on the development of the entire digital ecosystem of the Company," said Mukhit Magazhanov, Kazatomprom's Chief Procurement and General Affairs Officer.

The strategic agreement provides for joint participation in pilot projects to introduce advanced technologies at uranium mining operations, as well as the active development of training programs for training highly qualified personnel aimed at successful implementation of innovative projects.

The parties plan to significantly increase the level of automation and digitalisation of operations, which will strengthen Kazatomprom's status as a leader in the uranium mining industry and ensure competitive advantages in the global market.

This strategic partnership highlights the parties' shared values in innovation and reaffirms their commitment to advancing the industry through trendsetting technology and educational initiatives.

For more details, please contact:

Public Relations and Media Inquiries

Askar Atagulin, Director, Public Relations

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Investor Relations Inquiries

Botagoz Muldagaliyeva, Director, Investor Relations

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About Kazatomprom

Kazatomprom is the world's largest producer of uranium, with the Company's attributable production representing approximately 22% of global primary uranium production in 2022. The Group benefits from the largest reserve base in the industry and operates, through 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 a focus on maintaining industry-leading health, safety and environment standards.

Kazatomprom securities are listed on the London Stock Exchange, Astana International Exchange, and Kazakhstan Stock Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Astana, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).

For more information, please see the Company website at www.kazatomprom.kz.

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