Regulatory disclosure and releases

Transactions in Own Securities: Regular Announcement

Air Astana JSC announces that, between 11 June 2024 and 17 June 2024, it has purchased the following number of ordinary shares of the Company and global depositary receipts representing Shares through JSC "Halyk Finance" and Citigroup Global Markets Limited pursuant to the buyback programme announced on 30 April 2024.

Increase of the average daily volume limit of shares/GDRs purchased in its buyback programme

Pursuant to the decision of the Board of Directors of Air Asana JSC (the "Company") on 12 February 2024, the Company commenced on 30 April 2024 a buyback programme (the "Programme") to purchase ordinary shares and GDRs to meet the Company's obligations arising from its employee incentive programmes. The Company announced a maximum proposed re-purchase of up to 4 786 800 shares (in the form of shares or GDRs), which currently constitutes approximately 1.3% of the total number of placed shares of the Company (including those represented by GDRs), for a maximum consideration of USD 12 million (including ancillary costs). To implement the Programme, the Company has announced previously the engagement of Citigroup Global Markets Limited ("Citi") and JSC "Halyk Finance on an execution basis or a risk-free agency basis, as the case may be, from time to time purchase (i) shares on the JSC "Kazakhstan Stock Exchange" (“KASE”) and the Astana International Exchange ("AIX") and (ii) GDRs on the AIX and the London Stock Exchange ("LSE") on behalf of the Company, in accordance with the rules of the relevant exchanges and in compliance with the applicable market abuse legislation.

As a result of extreme low liquidity on the KASE and AIX, and notwithstanding full compliance with applicable market abuse legislation, the Company announces that repurchases of shares and GDRs on the KASE and AIX pursuant to the Programme may reach, but will not exceed, 50% of the average daily volume of shares or GDRs, as the case may be, traded on such exchange in respect of which a repurchase is being made. The Company continues to announce aggregated and detailed disclosure of all repurchases made pursuant to the Programme periodically.

This announcement does not constitute, or form part of, any offer or any solicitation of an offer for securities in any jurisdiction. None of the Company or any brokers engaged by the Company for the purposes of the Programme or their affiliates (or their respective directors, employees, agents or advisors) makes any recommendation as to whether or not shareholders or holders of GDRs should sell any or all of their Shares or GDRs. The shareholders and holders of GDRs are recommended to seek their own financial advice regarding participation in the Programme from their broker(s), investment manager(s), legal advisor(s), accountant(s), custodian(s) or other appropriately authorised independent financial advisor(s). Any individual or company whose Shares and/or GDRs are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if they wish to take part in the Programme.

Transactions in Own Securities: Regular Announcement

Air Astana JSC announces that between 4 June 2024 and 10 June 2024, it has purchased ordinary shares of the Company and global depositary receipts representing Shares through JSC "Halyk Finance" pursuant to the buyback programme announced on 30 April 2024

Transactions in Own Securities: Regular Announcement

Air Astana JSC announces that between 28 May 2024 and 3 June 2024, it has purchased ordinary shares of the Company and global depositary receipts representing Shares through JSC "Halyk Finance" pursuant to the buyback programme announced on 30 April 2024

Board Changes

Air Astana Joint Stock Company (the "Company") announces changes to the Board of Directors of the Company following the conclusion of the Annual General Meeting on 30 May 2024.

According to the previously announced plans, as provided for in the Prospectus of the Company published before the IPO of the Company in February 2024, the Non-Executive Director, representative of shareholder BAE Systems (Kazakhstan) Limited, Mr. Myles St John Westcott, has stepped down from the Board of Directors of the Company effective from 30 May 2024.

Concurrently, Diyas Assanov has been appointed as an Independent Director, effective from 31 May 2024.

During the last three years, Mr. Assanov has served in the role of the General Director of the Siemens Regional company in Kazakhstan, focusing on its Digital Industries and Smart Infrastructure businesses. Prior to that, he was the General Counsel of Siemens Energy, Russia, Eastern Europe and Central Asia. Mr. Assanov holds a Bachelor’s degree in international relations from United States Military Academy at West Point and a Bachelor’s degree in international law from M.S. Narikbayev University of KAZGUU, Kazakhstan.

Commenting on the Board changes, Mr. Nurlan Zhakupov, Chairman of the Board, said: “We would like to welcome Mr. Assanov to the Board. His extensive experience in engineering, transport and communications will be instrumental in supporting the Company’s next stage of development, particularly in our continued digitalisation plan.

On behalf of the Board, management team and staff of the airline, I would also like to thank Mr. Westcott for his huge support of and contribution to the success of the Group over the last six years. Mr. Westcott has been a most valuable member of the Board of Directors.”

The current updated composition of the Board of Directors is as follows:
1. Mr. Nurlan Zhakupov - Chairman of the Board of Directors (Samruk-Kazyna JSC);
2. Mr. Aidar Ryskulov - Member of the Board of Directors (Samruk-Kazyna JSC);
3. Mr. Simon Wood - Member of the Board of Directors (BAE Systems);
4. Mr. Peter Foster - Member of the Board of Directors (CEO, Air Astana JSC);
5. Mr. Yeldar Abdrazakov - Independent Director;
6. Mrs. Janet Heckman - Independent Director;
7. Mr. Garry Kingshott - Independent Director;
8. Mr. Keith Gaebel - Independent Director;
9. Mr. Diyas Assanov - Independent Director.