Members of the Board as of 31 December 2013

Management of the current activity of the Company is performed by a collegial body in the form of the Board headed by the Chairman of the Board. Activity of the Board is focused on maximum safeguarding of shareholders’ interests as well as performance of tasks of the Company and implementation of its strategy.

Arrangement of work of the Company’s Board, procedure of its convocation and meeting, procedure of making decisions is determined by the Provision of the Company’s Board approved by the Board of Directors on September 7, 2012 (redrafted).

Fundamental principles of the Board’s activity are: honesty, fair practices, rationality, prudence, accountability. The Board’s activity is built on the basis of safeguarding shareholders’ interests and is completely accountable to the shareholder and to the Board of Directors.

Satkaliyev Almasadam Maidanovich

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Chairman of the Company Board, member of the Board of Directors. Ph.D. in Economics.
Merited powerman of CIS.
Born on October 31, 1970
Citizenship: Republic of Kazakhstan

Employment history:

In 1992 – graduated Al-Farabi Kazakh State University, mechanical worker, mathematician – application engineer.
Since August, 1992 – Director of TaSSaT LLP.
Since September, 1997 – Manager, head of clearing department, head of projects control department of NCOT KazTransOil JSC.
Since August, 1998 – CEO, vice-president in economics of NCOT KazTransOil JSC.
Since January, 2001 – Financial director, vice-president in economics, KEGOC JSC.
Since November, 2003 – First vice-president of KEGOC JSC.
Since May, 2006 – Director - team-leader on KEGOC JSC, Kazakhstani holding on administration of government assets Samruk JSC.
Since December, 2006 – Director on administration of electrical power assets of Kazakhstani holding on administration of government assets Samruk JSC.
Since January, 2007 – Deputy minister of energy and mineral resources of the Republic of Kazakhstan.
Since September, 2007 President, since October 2008 – First vice-president of Kazakhstan Electricity Grid Operating Company KEGOC JSC.
Since December, 2009 — Chairman of the Board of KEGOC JSC.
Since June, 2011 — CEO of National Wealth Fund Samruk-Kazyna JSC.
Since January, 2012 – Chairman of the Board of the Company.

Ospanov Serik Kenesbekovich

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The first deputy chairman of the Board of the Company.
Born on September 2, 1973.
Citizenship: Republic of Kazakhstan.

Employment history:

In 1996 graduated State University Semey, mechanical engineer.
In 2003 graduated Kazakh Academy of public administration, economist.
1993-1994 – Production engineer at Zhetysu PCC of RAO Agropromenergo.
1994-1996 – CEO of Nazar JSC. 1997-1998 – Director General of Sapar LLP.
1998-2000 – Marketing director at Electrim LLP.
2000-2001 – Vice-president in marketing and finances of TSC-group Corporation.
2001-2006 – Director of business department, business director, CEO in economics at KEGOC JSC.
2006-2008 – First vice-president at KEGOC JSC.
2008-2009 – President of Alatau Zharyk Kompaniyasy JSC.
From June until December 2009 – Chairman of the supervisory board of Saiman JSC.
2009-2012 – First vice-president of KEGOC JSC, first deputy Chairman of the Board of KEGOC JSC.
Since February, 2012 until present – First deputy Chairman of the Board of the Company.

Li Valeri Konstantinovich

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Deputy Chairman of the Board of the Company.
Born of August 20, 1951.
Citizenship: Republic of Kazakhstan.

Employment history:

In 1974 – graduated Moscow Power Engineering Institute, mechanical engineer.
In 1993 – graduated Almaty institute of national economy, economist.
1974-1977 – Lead engineer of Sredazenergomontazh Trust.
1979-1989 – Foreman, head foreman of start and adjustment site, head of the department at Sredazenergomontazh Trust.
1989-1992 – Service engineer of HPNU Kazkommunenergonaladka.
1992-1993 – Deputy director in economics of CIC Ayu.
1993-1994 – Deputy Director General of Kazmetallstrakhovanie JSC.
1994-1995 – Director of Lira Company.
1995-1996 – Lead engineer of Sredazenergomontazh Trust.
1996-1997 – Leading specialist of NES Kazakhstanenergo.
1997-2012 – Head of department of chief sales operator at Department of contracts and commercial balances, head of Sales department, deputy director of Commercial department, director of Sales department, CEO, vice-president, CEO in system services and logistics support at KEGOC JSC.
2012 – 2013 – Managing director of the Company, Head of Generation division of the Company.
Since October, 2013 – Deputy Chairman of the Board of the Company.

Maksutov Kairat Berikovich

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Deputy Chairman of the Board of the Company.
Born on May 16, 1970.
Citizenship: Republic of Kazakhstan.

Employment history:

In 1991 graduated Karaganda Kazpotrebsoyuz Cooperative Institute, economist-inspector.
1991-1992 – Inspector of Accounting and control office of Karaganda oblpotrebsoyuz.
1992-1997 – Leading specialist of investments and innovations department, head of department of international settlements and exchange operations, deputy director of Karaganda branch of Iguilik-Bank Joint stock bank;
1997-1999 – Zhairem-Atasuiskaya special economic zone, deputy Chairman of SEZ Board of administration, deputy Akim of Karazhal;
1999-2004 – Deputy director, director of Karaganda branch of SB Alfa-Bank JSC.
2004-2009 – Vice-president in economics and finances of Gefest mining industry holding.
2009-2012 – Deputy Chairman of Finances and economics administration of the Company.
2012-2013 – Managing director, managing director in corporate administration of the Company. Since November,
2013 until present – Deputy Chairman of the Board of the Company.

Moldabaev Kanysh Tanirbergenovich

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Managing director in development. Born on October 23, 1963. Citizenship: Republic of Kazakhstan.

Employment history:

In 1987 – graduated Pavlodar industrial institute, electrical engineer.
In 2002 – graduated Karaganda state technical university, attorney economist.
In 2004 – graduated Academy of public service under the President of the Republic of Kazakhstan, master of public service.
1987-1997 – Electrical fitter, Foreman, Operator, Chief engineer, Head at Bayanaul distribution zone.
1997-1999 – President of the joint stock company, Bayanaul distribution zone.
1999-2004 – Deputy Akim of the region, Akimat of Bayanaul region in Pavlodar region.
2004-2007 – Head of electric power office, Ministry of energy and mineral resources.
2007-2009 – Director of North MPN branch, KEGOC JSC.
2009-2011 – Director of NES development department, KEGOC JSC.
2011-2012 – Director for personal assets management, National Wealth Fund Samruk-Kazyna JSC.
March, 2012 – November, 2012 – Director of the Department of innovation-technologic policy and development of the Company.
November, 2012 until present – Managing director for development of the Company.

Platonov Sergei Viktorovich

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Managing director of division Fuel, logistics and service.
Born on July 28, 1955.
Citizenship: Republic of Kazakhstan.

Employment history:

1980 – graduated Karaganda Technical Institute, mining mechanical engineer.
1980-2000 – PA Karagandaugol, mine n.a. Kostenko, site mechanic, deputy coal mining foreman.
2000-2005 – Topaz 2000 LLP, director of mine.
2005-2008 – Association of colliery management Gefest, director of mining department.
2008-2011 – Goal Trade Company LLP, chairman of committee on subsurface use.
2011-2012 – Director of fuel and logistics department of the Company.
November, 2012 - until present – Managing director of division Fuel, logistics and service.

Salimzhuarov Gani Galiollauly

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Head of division Distribution and sales.
Born on March 20, 1954.
Citizenship: Republic of Kazakhstan.

Employment history:

In 1982 – graduated Pavlodar industrial institute, specialty Electric networks and systems.
1971-1972 – Electrician of Volodarskiy distribution zone, Kokchetav PNE.
1974-1975 – Wireman of II category of Kokchetav substation at Volodarskiy dis-tribution zone, electrician of II category for OHL repair.
1975-1978 – Wireman of III category, IV category for repair of protection system facilities.
February, 1978 - June, 1978 – Wireman for maintenance of substation 220/110/35/10 Kokchetavskaya.
1978-1980 – Shift engineer of logging KGPP, Kokchetav PNE.
1980-1981 – ODC operator, Kokchetav PNE.
1981-1986 – Chief engineer, Head of Volodarskiy distribution zone.
1986-1989 – ODC operator of PNE.
1989-1990 – Ag. chief engineer of Volodarskaya distribution zone.
1990-1996 – Deputy chief engineer of Kokchetav interconnection enterprise 1 150 kW, deputy head of operations service, Chief engineer of supervisory group, Power and Electrification Ministry of USSR PA Long distance power transmission.
1996-1999 – Chief engineer of a branch of Akmolinsk intersystem electric networks of NES Kazakhstanenergo, Director of AB MPN KEGOC, Director of CB MPN KEGOC.
1999-2001 – Branch director of Akmolinsk MPN, KEGOC JSC, Astana.
2001-2003 – Director of national electric networks operations department, KEGOC JSC, Almaty.
2003-2006 – Director of department of capital construction modernization, KEGOC JSC, Almaty.
2006-2008 – Director of department of capital construction of KEGOC JSC, Astana.
February, 2008 - October, 2008 – Deputy Chairman of Production and development board of APK JSC, Almaty.
2008-2009 – First deputy Chairman of the Board, Almaty Power Consolidated JSC, Almaty.
2009-2011 – Deputy Chairman of Production and development board of Alatau Zharyk Kompaniyasy JSC.
2011-2012 – Chairman of the Board, Ekibastuz station SDPP-2 JSC.
February, 2012 - November, 2012 – Managing director of the Company.
November, 2012 - until present – Managing director of division Distribution and sales of the Company.

Makulbekov Rustem Nurlanovich

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CEO of division HPP and RES.
Born on August 27, 1979.
Citizenship: Republic of Kazakhstan.

Employment history:

In 2002 – graduated APU Cambridge, UK.
2002-2003 – Production and technical department manager, Kaztransgaz LNG CJSC.
2003-2006 – Production and technical department manager, Deputy director of gas transport and marketing department, Intergaz Central Asia CJSC.
April, 2006 - June, 2006 – Executive sales director, APK JSC.
2006-2007 – Vice-president for development at Altynalmas JSC.
2006-2010 – Director General at Altyn tet LLP.
August, 2010 - November, 2010 – Deputy Director General on long-term growth, Almatyenergosbyt LLP.
2011-2012 – Deputy Director General on commerce, Astana Solar LLP.
February, 2012 – November, 2012 – Managing director of the Company.
November, 2012 – until present – Managing director of division HPP and RES of the Company.

Auezova Mira Zhaksylykovna

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Director of Legal department.
Born on September 7, 1977. Citizenship: Republic of Kazakhstan.

Employment history:

In 1998 – graduated Kazakh State Law University.
1998-1999 – Senior specialist of legal services department under the Ministry of Justice of the Republic of Kazakhstan.
1999-2000 – Senior, leading, chief specialist of the Committee on enforcement of judgments under the Ministry of Justice of the Republic of.
2000-2002 – Chief specialist, deputy head of Human resource department/Human resources and operation of personnel review board department under the Ministry of Justice of the Republic of Kazakhstan.
2002-2004 – Deputy head of HR and public service department of Mazhilis Department under the Parliament of RoK.
February, 2004 - December, 2004 – Head of HR and public service department of Mazhilis Department under the Parliament of RoK.
2005-2006 – Executive director of the Union of Lawyers of Kazakhstan.
March, 2008 - October, 2008 – Corporate secretary at KEGOC JSC.
2008-2012 – Director of Legal department of KEGOC JSC.
Since February, 2012 - until present – Director of Legal department.

Number of meetings of the Board of the Company 

Determination of the number of members, period of powers, election of members of the Board as well as appointment of the chairman of the Board providing coordination of appointment of the chairman of the Board by the shareholder refer to exclusive jurisdiction of the Board of Directors.

In case of election and appointment to a member of the Board the Board of Directors follows by-laws of the Company determining requirements to applicants and the procedure of their election.

Applicants for members of the Board shall have experience, knowledge and qualification needed for due performance of his responsibilities, shall have positive reputation and win approval of the majority of directors.

Selection and appointment of applicants are performed on the basis of the utmost transparent and distinct procedures established by the Board of Directors.

Change in members of the Board 

On 10 October 2013 by the decision of the Board of Directors (protocol №78) powers of the member of the Board Ms. Gulbanu Tazhibaevna Pazylkhairova were terminated before time.

The Board of the Company elected: Maksutov Kairat Berikovich – Deputy Chairman of the Board.

On 18 December 2013 by the decision of the Board of Directors of the Company (protocol №80) number of members of the Board was set to 9 members.

The Board of Directors while performing its managing functions in the Company determines strategic goals, priority development fields and sets main focuses of the Company’s activity.

The Board in its turn performs all decisions and instructions of the Board of Directors.

Opinion of the Board of Directors is also taken in account when studying the issues of investment-innovative activities of the Company given that one of the members of the Board of Directors is a member of an advisory and consultative body.