REG-AltynGold Plc Directorate change

AltyngoldAnnouncement

24/01/2022 10:25

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Directorate change

 

AltynGold Plc

("AltynGold" or the "Company")

Statement regarding situation in Kazakhstan

AltynGold establishes Environmental, Social and Governance Committee

AltynGold (“Altyn” or the “Company”) today announces the establishment
of an Environmental, Social and Governance (ESG) Committee. The new committee
will focus on developing AltynGold’s ESG strategy and ensuring compliance
with ESG principles to support the achievement of the Company’s
sustainability goals.

The ESG Committee will be chaired by Vladimir Shkolnik, a non-executive
director on AltynGold’s Board of Directors since 2017. Maryam Buribayeva has
been appointed as a non-executive director she has extensive experience in
finance, and was elected Deputy Chairman of the committee.

Reducing its environmental footprint has always been one of the key business
objectives for the Company. Thanks to modern equipment and environmentally
friendly technologies, in just four years, the AltynGold team has managed to
reduce total greenhouse gas emissions by 35.5%; energy and water consumption
by 50.3% and 26.7% respectively, and waste generation by 33.6%.

AltynGold today has also appointed Andrew Terry, a certified UK lawyer
specialising in international corporate and individual tax regulation, to the
Board of Directors as a non-executive director. Thomas Gallagher will step
down as non-executive director.

Aidar Assaubayev, CEO of AltynGold, said:

“ESG issues have always been a key area of focus for AltynGold, along with
our financial and operational results. As the global ESG landscape continues
to evolve, our new ESG Committee will ensure that we continue to follow best
global practice and to meet and exceed investor expectations for our
non-financial performance.

I would also like to welcome Andrew Terry and Maryam Buribayeva as our new
non-executive directors, and to thank Thomas Gallagher for his contributions
to AltynGold’s success during his time on the Board.”

Director biographies

Vladimir Shkolnik

Vladimir Shkolnik is a key expert on alternative energy. He is actively
involved in the research and promotion of renewable energy sources in
Kazakhstan. He has held several high-profile positions in Kazakhstan’s
government including Minister of Energy of Kazakhstan. An academic with a
doctorate in physics, Vladimir Shkolnik has written a number of papers and
books on topics including energy and natural resources.

Maryam Buribayeva

Maryam Buribayeva is a finance professional with extensive experience and
industry expertise gained while working for such companies as North Caspian
Operating Company, KazMunayGaz and Mercury Properties. A graduate of KIMEP
University in Almaty, Maryam also holds an MSc in International Accounting and
Finance from Cass Business School in London.

Andrew Terry

Andrew Terry is an English-qualified solicitor specialising in international
corporate and personal taxation issues with a focus on clients from
Kazakhstan, Russia, Ukraine, Georgia and Kyrgyzstan. He has extensive
experience in setting up international holdings ahead of IPOs, debt finance
transactions, private equity investments and trade sales. Andrew Terry
currently practices as a tax partner at Keystone Law in London and is a member
of the advisory board at Amber Lion Partners in Zurich.

Further Information:

For further information please contact:

AltynGold Plc

Rajinder Basra

+44 (0) 203 432 3198

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014.

Information on the Company

AltynGold Plc (LSE:ALTN) is an exploration and development company, which is
listed on the main market segment of the London Stock Exchange.

To read more about AltynGold Plc please visit our website www.altyngold.uk
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.altyngold.uk&esheet=52567230&newsitemid=20220124005361&lan=en-US&anchor=www.altyngold.uk&index=1&md5=b53d2a39d6d7527529aea0f3e10ce445)



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AltynGold Plc


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