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.
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.
- To approve the annual financial statements (consolidated and separate) of Air Astana JSC for the year ended 31 December 2024.
- 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).
- In view of paragraph 1 of this decision, to consider no longer in force the Dividend Policy Regulations of Air Astana JSC, as previously approved by the decision of the General Meeting of Stockholders of Air Astana JSC dated 11 May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).
- The Сhief Executive Officer of Air Astana JSC to take all necessary measures, in accordance with established procedures, to implement this decision.
- 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:
- KZT 6,304,832,000 as ordinary dividends; and
- 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.
- The Chief Executive Officer of Air Astana JSC to take all necessary measures, in accordance with established procedures, to implement this decision.
- To take note of the absence of appeals by shareholders against the actions of Air Astana JSC and its officers in the year 2024.
- 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.
- 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.
- To elect the Counting Commission of Air Astana JSC on the following terms:
- To determine that the number of members of the Counting Commission of Air Astana JSC shall be four persons.
- 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.
- To elect the following persons as members of the Counting Commission of Air Astana JSC:
- Zhanar Naizabekova, Vice President, Legal Affairs / General Legal Counsel, Air Astana JSC;
- Zhanat Zhandossov, Manager, Government and Corporate Issues, Air Astana JSC;
- Altynay Turebekova, Senior Manager, Investor Relations, Air Astana JSC;
- Dana Yessimkhanova, Executive, Corporate Governance and Subsidiaries, Air Astana JSC.