1. of the “Development Bank of Kazakhstan” JSC (as at 31 December, 2015)
On taking in consideration of the Report on adherence to the principles of the corporate governance Code
of the “Development Bank of Kazakhstan” JSC
(as at 31 December, 2015)
Information at the meeting of the Board of Directors of the “Development Bank of Kazakhstan” JSC
February, 2016

2. Corporate governance Code of the “Development Bank of Kazakhstan” JSC
The corporate governance Code of the “Development Bank of Kazakhstan” JSC is the code of rules and recommendations, followed by the Bank in the course of its activity for ensuring the high level of the corporate governance within the Bank and other market participants.
The warrant certificate of compliance with the principles and rules of the Code is the Bank Report on the adherence to the principles of the corporate management Code as at 31 December, 2015.
I. The principle of protecting rights and interests of the Sole shareholder
Be held
II. The principle of an effective management of the Bank by the Board of Directors and Management Board
III. The principle of the Bank’s independent activity
IV. The principles of transparency and objectivity of disclosure of the Bank’s activities
V. The principles of legality and ethics
VI. The principles of effective dividend policy
VII. The principles of effective HR policy
VIII. The principle of environment protection
IX. The principle of fair regulation of corporate conflicts and conflicts of interests
X. Responsibility
The principles of the corporate governance Code

3. Project decision by the Board of Directors of the Bank
In accordance with the subparagraph 20) of the item 2 to the Article 53 of the Legislation of the Republic of Kazakhstan “On Joint Stock Companies”, pursuant to the subparagraph 50) of the item 10.2 to the Article 10 of the Charter of the “Development Bank of Kazakhstan” JSC, the Board of Directors RESOLVED:
To take in consideration of the Report on adherence to the principles of the corporate governance Code of the “Development Bank of Kazakhstan” JSC as at 31 December, 2015, according to the Appendix №___ to the present protocol.

4. Thank you for your attention!