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On voting results at the Extraordinary General Meeting of Shareholders of ForteBank JSC

Press release

13.07.2021

PRESS RELEASE

PRESS RELEASE

ON VOTING RESULTS AT THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF FORTEBANK JSC

ON VOTING RESULTS AT THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF FORTEBANK JSC

ForteBank JSC (hereinafter – Bank), its executive body (Management Board) located at the address: 8/1, Dostyk str., Yessil district, Nur-Sultan city, Z05P1P0/010017, Republic of Kazakhstan, hereby announces the voting results at the Extraordinary General Meeting of the Bank Shareholders (hereinafter the “Meeting”) held on July 12th, 2021 from 10.00 to 11.00 by Nur-Sultan standard time, at the following address: “Astana” Conference Room, 8th floor, 8/1, Dostyk str., Nur-Sultan city, Z05P1P0/010017, Republic of Kazakhstan. In accordance with the approved agenda, the following issues were considered at the Meeting, and following resolutions were passed based on the voting results.

ForteBank JSC (hereinafter – Bank), its executive body (Management Board) located at the address: 8/1, Dostyk str., Yessil district, Nur-Sultan city, Z05P1P0/010017, Republic of Kazakhstan, hereby announces the voting results at the Extraordinary General Meeting of the Bank Shareholders (hereinafter the “Meeting”) held on July 12th, 2021 from 10.00 to 11.00 by Nur-Sultan standard time, at the following address: “Astana” Conference Room, 8th floor, 8/1, Dostyk str., Nur-Sultan city, Z05P1P0/010017, Republic of Kazakhstan. In accordance with the approved agenda, the following issues were considered at the Meeting, and following resolutions were passed based on the voting results.

Issue 1 of the Agenda “On approval of the amendment №7 to the Charter of ForteBank Joint Stock Company”

Issue 1 of the Agenda “On approval of the amendment №7 to the Charter of ForteBank Joint Stock Company”
  1. To approve the amendment № 7 to the Charter of ForteBank Joint Stock Company as worded in the Addendum 1 hereto, effective on the date of this resolution.

    To approve the amendment № 7 to the Charter of ForteBank Joint Stock Company as worded in the Addendum 1 hereto, effective on the date of this resolution.
  2. To authorize Mr. G. Andronikashvili, the Chairman of the Management Board of the Bank (or the person carrying out his duties) to sign the amendment № 7 to the Charter of ForteBank Joint Stock Company for and n behalf of the shareholders and to perform other actions related to the implementation of the amendment № 7 to the Charter of ForteBank Joint Stock Company.

    To authorize Mr. G. Andronikashvili, the Chairman of the Management Board of the Bank (or the person carrying out his duties) to sign the amendment № 7 to the Charter of ForteBank Joint Stock Company for and n behalf of the shareholders and to perform other actions related to the implementation of the amendment № 7 to the Charter of ForteBank Joint Stock Company.

Issue 2 of the Agenda “On approval of the amendment №1 to the Provision on the Board of Directors of ForteBank JSC”

Issue 2 of the Agenda “On approval of the amendment №1 to the Provision on the Board of Directors of ForteBank JSC”

To approve the amendment № 1 to the Provision on the Board of Directors of ForteBank JSC as worded in the Addendum 2 hereto, coming into effect on the date following the date of this resolution.

To approve the amendment № 1 to the Provision on the Board of Directors of ForteBank JSC as worded in the Addendum 2 hereto, coming into effect on the date following the date of this resolution.

Issue 3 of the Agenda “On determining the level of the non-fixed remuneration of the members of the Board of Directors of ForteBank JSC for achievement of the strategic goals for 2014-2020 by the Bank”

Issue 3 of the Agenda “On determining the level of the non-fixed remuneration of the members of the Board of Directors of ForteBank JSC for achievement of the strategic goals for 2014-2020 by the Bank”
  1. To determine the levels of the non-fixed remuneration for achievement of the strategic goals for 2014-2020 by the Bank for Mr. H. Pandza, a member of the Board of Directors – Independent Director of the Bank, and for Mr. Bekturov R., ex-member of the Board of Directors of the Bank, in accordance with the Addendum 3 hereto, taking into consideration the clause 2 hereof.

    To determine the levels of the non-fixed remuneration for achievement of the strategic goals for 2014-2020 by the Bank for Mr. H. Pandza, a member of the Board of Directors – Independent Director of the Bank, and for Mr. Bekturov R., ex-member of the Board of Directors of the Bank, in accordance with the Addendum 3 hereto, taking into consideration the clause 2 hereof.
  2. To pay Mr. H. Pandza, a member of the Board of Directors – Independent Director of the Bank, and Mr. Bekturov R., ex-member of the Board of Directors of the Bank, a part of the non-fixed remuneration (constant component), amounting 50% of the level of the non-fixed remuneration specified in the Addendum 3 hereto.

    To pay Mr. H. Pandza, a member of the Board of Directors – Independent Director of the Bank, and Mr. Bekturov R., ex-member of the Board of Directors of the Bank, a part of the non-fixed remuneration (constant component), amounting 50% of the level of the non-fixed remuneration specified in the Addendum 3 hereto.

Issue 4 of the Agenda “On election of a member of the Board of Directors of the Bank”

Issue 4 of the Agenda “On election of a member of the Board of Directors of the Bank”
  1. To elect, as from August 2nd, 2021, Mr. Guram Andronikashvili as a member of the Board of Directors of the Bank representing the interests of Bulat Utemuratov, a shareholder of the Bank.

    To elect, as from August 2nd, 2021, Mr. Guram Andronikashvili as a member of the Board of Directors of the Bank representing the interests of Bulat Utemuratov, a shareholder of the Bank.
  2. To establish that the term of office of Mr. G. Andronikashvili as a member of the Board of Directors of the Bank shall expire simultaneously with the expiration of the terms of office of the Board of Directors of the Bank as a whole, that is, on the date of the Annual General Meeting of the Bank Shareholders in 2022.

    To establish that the term of office of Mr. G. Andronikashvili as a member of the Board of Directors of the Bank shall expire simultaneously with the expiration of the terms of office of the Board of Directors of the Bank as a whole, that is, on the date of the Annual General Meeting of the Bank Shareholders in 2022.
  3. To determine the amount of the monthly fixed remuneration of the member of the Board of Directors of the Bank Mr. Guram Andronikashvili, before taxes and other deductibles established by the law of the Republic of Kazakhstan, in accordance with the Addendum 4 hereto.

    To determine the amount of the monthly fixed remuneration of the member of the Board of Directors of the Bank Mr. Guram Andronikashvili, before taxes and other deductibles established by the law of the Republic of Kazakhstan, in accordance with the Addendum 4 hereto.
  4. To establish that all other payments to the member of the Board of Directors of the Bank Mr. Guram Andronikashvili shall be made in the amount and in accordance with the procedure established by the Policy of remuneration of the members of the Board of Directors of ForteBank JSC and reimbursement of their expenses.

    To establish that all other payments to the member of the Board of Directors of the Bank Mr. Guram Andronikashvili shall be made in the amount and in accordance with the procedure established by the Policy of remuneration of the members of the Board of Directors of ForteBank JSC and reimbursement of their expenses.

Total common voting shares of the Bank represented at the Meeting during the whole time thereof – 73 714 243 282 (98,7032 % of the total common voting shares).

Total common voting shares of the Bank represented at the Meeting during the whole time thereof – 73 714 243 282 (98,7032 % of the total common voting shares).

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