Article 17. Principles of management in the Fund Group of the National Welfare Fund Act

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The management of the Fund's group is carried out in accordance with the best corporate governance practices and based on the following principles:

1) increase in the market value of companies' assets;

2) the effectiveness of the corporate governance system;

3) the effectiveness of the dividend policy;

4) Information disclosure and transparency.

The Law of the Republic of Kazakhstan dated February 1, 2012 No. 550-IV.

This Law defines the legal status, operating procedure, goals, objectives and powers of the National Welfare Fund, the procedure for interaction between the National Welfare Fund and government agencies, as well as certain features of the legal status of legal entities whose shares (participation interests) belong to the National Welfare Fund and other organizations belonging to the National Welfare Fund group.

President

Republic of Kazakhstan

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