Structure of the Group of companies of Samruk-Energy JSC

GRI 2-6

Changes in the structure of the Group of companies of Samruk-Energy JSC

In 2023, within the framework of the creation of a ‘green’ company Qazaq Green Power PLC, within the structure of the Group of companies of Samruk-Energy JSC, the Company completed the transfer of 100% of the participation interest of Kazhydrotechnergo LLP and 25% of the participation interest of Energy of Semirechye LLP to the authorized capital of Qazaq Green Power PLC.

At the same time, within the framework of the implementation of RES projects, the Company took measures to establish a joint venture Altyn Dala Energy Ltd. (25%).

Within the framework of execution of the instruction of the Head of State of the Republic of Kazakhstan No. 20-01-7.11 dated May 11, 2020 ‘On the situation with the coronavirus and anti-crisis measures’ concerning the transfer of certain structures owned by national companies from foreign jurisdictions to the Astana International Financial Center, Samruk-Energy JSC is taking measures to transfer Forum Muider B. Muider B. V. (Netherlands) from foreign jurisdiction to the jurisdiction of the Republic of Kazakhstan, by joining Forum Muider B.V. to Forum Muider Limited (Cyprus) and then redomiciling of  Forum Muider Limited to the Astana International Financial Center.