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Procurement

In carrying out the procurement of goods, works and services, the Company is guided by the Rules for the Procurement of goods, works and services by the Baiterek National management holding JSC and organizations fifty percent or more of voting shares (share of participation) of which are directly or indirectly owned by the Baiterek National management holding JSC by the right of ownership or trust management. The Rules were developed in accordance with the Civil Code of the Republic of Kazakhstan, the laws of the Republic of Kazakhstan on Joint Stock Companies and on State owned property, and the Order of the Government of the Republic of Kazakhstan dated May 28, 2009 on Approval of Standard Rules for the Procurement of goods, works and services by the National Management Holding, national holdings, national companies and organizations, fifty percent or more shares (share of participation) of which directly or indirectly belong to the National Management Holding, a national holding, or a national company.

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