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

Press release

02.07.2024

ForteBank, JSC (hereinafter – Bank), its executive body (Management Board) located at the address: 8/1, Dostyk str., Yessil district, Astana city, Z05P1P0/010017, the Republic of Kazakhstan, hereby announces the voting results at the Extraordinary General Meeting of the Bank Shareholders (hereinafter the “Meeting”) held on July 1st, 2024, from 11.00 a.m. to 12.00 a.m. by Astana time, at the following address: “Astana” Conference Room, 8th floor, 8/1, Dostyk str., Astana city, Z05P1P0/010017, the Republic of Kazakhstan. In accordance with the approved agenda, the following issues were considered at the Meeting, and the 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, Astana city, Z05P1P0/010017, the Republic of Kazakhstan, hereby announces the voting results at the Extraordinary General Meeting of the Bank Shareholders (hereinafter the “Meeting”) held on July 1st, 2024, from 11.00 a.m. to 12.00 a.m. by Astana time, at the following address: “Astana” Conference Room, 8th floor, 8/1, Dostyk str., Astana city, Z05P1P0/010017, the Republic of Kazakhstan. In accordance with the approved agenda, the following issues were considered at the Meeting, and the following resolutions were passed based on the voting results.
    • * Issue 1 of the Agenda “On increasing the number of members of the Board of Directors of ForteBank, JSC” The membership of the Board of Directors of the Bank shall be determined to have six persons, including: 1) three members of the Board of Directors as representatives of the shareholders of the Bank; 2) three members of the Board of Directors as independent directors of the Bank.
    • * Issue 2 of the Agenda “On the election of D. Tursunkulov as a member of the Board of Directors of ForteBank, JSC”
      1. Mr. Daniyar Tursunkulov shall be elected from July 1st, 2024, as a member of the Board of Directors of the Bank and representative of the interests of Mr. Bulat Utemuratov, the shareholder of the Bank.
      2. It shall be established that the term of office of Mr. Daniyar Tursunkulov as members of the Board of Directors of the Bank shall terminate simultaneously with termination of the term of office of the Board of Directors as a whole, that is, on the date of the annual general meeting of shareholders of the Bank in 2025, in accordance with the resolution of the annual general meeting of shareholders of the Bank dated April 1st, 2022 (minutes No. 01/22).
      3. The amount of monthly fixed remuneration of the members of the Board of Directors of the Bank before taxes and other deductions established by the law of the Republic of Kazakhstan shall be determined as per the addendum hereto.
      4. It shall be established that payment of the fixed remuneration to the members of the Board of Directors shall be made monthly by the third day of the month following the month for which the settlement is being made.
      5. It shall be established that other payments, as well as reimbursement of costs to the members of the Board of Directors of the Bank shall be performed in the amount and according to the procedure established by the Policy for 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 – 82 995 343 681 (99,7766 % of the total common voting shares).

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