REG - Air Astana JSC - Results of 2025 AGM

Air Astana AOAnnouncement

30/05/2025 07:00

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RNS Number : 7673K  Air Astana JSC  30 May 2025

30 May 2025

 

 

Results of 2025 AGM

 

Almaty, Kazakhstan - Air Astana JSC (the "Company" and, together with its
subsidiary FlyArystan, the "Group"), the largest airline group in Central Asia
and the Caucasus regions by revenue and fleet size, announces that the
following resolutions were duly passed at its Annual General Meeting on 29 May
2025.

 

1.         To approve the annual financial statements (consolidated
and separate) of Air Astana JSC for the year ended 31 December 2024.

 

2.1.      To take note of the information on the approval by the Board of
Directors of Air Astana JSC of the restated Dividend Policy Regulations of Air
Astana JSC (Minutes №260 dated 13 March 2025).

 

2.2.      In view of paragraph 1 of this decision, to consider no longer
in force the Dividend Policy Regulations of Air Astana JSC, as previously
approved by the decision of the General Meeting of Stockholders of Air Astana
JSC dated 11 May 2009 (Minutes No. 56) with amendments approved by the
decisions of the General Meeting of Shareholders of Air Astana JSC dated 29
May 2015 (Minutes No. 116) and 31 May 2019 (Minutes No. 154).

 

2.3.      The Сhief Executive Officer of Air Astana JSC to take all
necessary measures, in accordance with established procedures, to implement
this decision.

 

3.1.      To approve the following procedure for distribution of the
consolidated net income of Air Astana JSC located at 4A Zakarpatskaya Sreet,
050039, Almaty, requisites: IBAN KZ36 6017 1310 0001 7669 in the People's Bank
of Kazakhstan JSC in Almaty, Bank Identification Code HSBKKZKX, Beneficiary
Code 17, Business Identification Number 010940000162 for the reported
financial year 2024 for the amount of KZT 25,522,594,000 according to the
audited annual financial statements of the Company for 2024:

-     to allocate a total sum of KZT 19,100,000,000 as the dividend
payment to the Shareholders of Air Astana JSC for the year 2024, comprising
the following components:

i.      KZT 6,304,832,000 as ordinary dividends; and

ii.     KZT 12,795,168,000 as special dividends;

-    to leave undistributed KZT 6,422,594,000 in the possession of Air
Astana JSC.

 

To approve as the dividend amount for the year 2024 as KZT 53.7 per one common
share of Air Astana JSC.

To approve 24 June 2025 at 00:00 AM (Almaty time) as the record date for
shareholders entitled to receive dividends.

To determine 25 June 2025 as the start date for the dividend payment.

To carry out the payment of dividends on common shares of Air Astana JSC by
non-cash settlement by way of transferring the appropriate amounts to the
current accounts of the shareholders of Air Astana JSC.

3.2.      The Chief Executive Officer of Air Astana JSC to take all
necessary measures, in accordance with established procedures, to implement
this decision.

 

4.         To take note of the absence of appeals by shareholders
against the actions of Air Astana JSC and its officers in the year 2024.

 

5.         To take note of the amount and composition of the
remuneration for the members of the Board of Directors and Executive Body of
Air Astana JSC paid in the year 2024.

 

6.         To determine Ernst and Young LLP as the audit organisation
to perform the audit (review) of the financial statements of Air Astana JSC
for the years ending 31 December 2025, 31 December 2026 and 31 December 2027.

 

7.         To elect the Counting Commission of Air Astana JSC on the
following terms:

 

i.    To determine that the number of members of the Counting Commission of
Air Astana JSC shall be four persons.

ii.    To determine that the term of office of the Counting Commission of
Air Astana JSC shall be one year from 1 June 2025 to 1 June 2026.

iii.   To elect the following persons as members of the Counting Commission
of Air Astana JSC:

-     Ms. Zhanar Naizabekova, Vice President, Legal Affairs / General
Legal Counsel, Air Astana JSC;

-     Mr. Zhanat Zhandossov, Manager, Government and Corporate Issues, Air
Astana JSC;

-     Ms. Altynay Turebekova, Senior Manager, Investor Relations, Air
Astana JSC;

-     Ms. Dana Yessimkhanova, Executive, Corporate Governance and
Subsidiaries, Air Astana JSC.

 

For further information, please contact:

 

 Air Astana                                                                 Air Astana                                            Vigo Consulting

 Investor Relations                                                         Corporate Communications                              airastana@vigoconsulting.com (mailto:airastana@vigoconsulting.com)

 investor.relaions@airastana.com (mailto:investor.relaions@airastana.com)   media@airastana.com (mailto:media@airastana.com)

 

 

About the Air Astana Group

 

Air Astana Group is the largest airline group in Central Asia and the Caucasus
regions by revenue and fleet size. The Group operates a fleet of 61 aircraft
split between Air Astana, its full-service airline that operated its inaugural
flight in 2002, and FlyArystan, its low-cost airline established in 2019. The
Group provides scheduled, point-to-point and transit, short-haul and long-haul
air travel and cargo on domestic, regional and international routes across
Central Asia, the Caucasus, the Far East, the Middle East, India and Europe.
Air Astana has been recognised by SkyTrax as the Best Airline in Central Asia
& CIS thirteen years running and received the Best Airline Staff Service
in Central Asia & CIS award eight times in a row. FlyArystan was
recognised as the Best Low-Cost Carrier (LCC) in Central Asia & CIS at the
SkyTrax awards twice. Additionally, Air Astana was awarded a five-star rating
in the major airline category by the Airline Passenger Experience Association
(APEX). The Group is listed on the Kazakhstan Stock Exchange, Astana
International Exchange and London Stock Exchange (ticker symbol: AIRA).

 

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