KAZAKHSTAN KAGAZY PLC
(the “Company”)
(Incorporated in the Isle of Man - No. 000653V)
NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that (i) the Extraordinary General Meeting of the Company to be held on 11 April 2024 is cancelled as shareholders had not received all necessary documentation to take an informed decision and that (ii) an Extraordinary General Meeting of the Company will be held on 11 April 2024 at 1.00pm local time at the following address: 33-37 Athol Street, Douglas, Isle of Man, IM1 1LB, and remotely via Zoom on the following details:

for the following purposes:

As a special resolution:

1. To receive and approve, as a special resolution, the entry into by the Company of a Dead or Release between Kazakhstan Kagazy JSC; Kazakhstan Kagazy PLC; Forte Bank JSC, Harbour Fund III LP; Prime Estate Activities Kazakhstan LLP and Peak Akzhal LLP.

As ordinary business:

1. 2. To receive and approve the Management Accounts of the Company for 2021, 2022 and 2023 and note the financial position of the Company;
2. 3. To note the impending resignation of The Bank of New York Mellon as the Depositary Bank for the Company’s Depositary Receipts pursuant to its notice of resignation dated 21 February 2024.

Dated: 3 April 2024

Notes:

1. A member of the Company entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and, on a poll, vote instead of him. A proxy need not be a member of the Company.
2. To have the right to attend and vote at the meeting you must hold ordinary shares in the Company and your name must be entered on the share register of the Company in accordance with note 4 below.
3. A form of proxy is enclosed for your use. To be valid, the form of proxy (and any power of attorney or other authority, if any, under which it is signed or a notarially certified copy thereof) must be received by the Registered Agent at the Company’s registered office, 33 – 37 Athol Street, Douglas, IM1 1LB, Isle of Man or by email to This email address is being protected from spambots. You need JavaScript enabled to view it. , as soon as possible but, in any event, no later than 4 April 2024 at 10.00am (UK time). Completion and return of a form of proxy will not preclude a member from attending and voting at the meeting or at any adjournment thereof in person if he or she wishes to do so.
4. The time by which a person must be entered on the register of members in order to have the right to attend or vote at the meeting is 2 April 2024 at 10.00am (GMT). If the meeting is adjourned, the time by which a person must be entered on the register of members in order to have the right to attend or vote at the adjourned meeting is 48 hours before the date fixed for the adjourned meeting. Changes to entries on the register of members after such times shall be disregarded in determining the rights of any person to attend or vote at the meeting.