07-7

Executive management bodies

Appointment of CEO and members of the Management Board, their duties and responsibilities

Members of the Management Board are obliged to protect interests and execute resolutions of the General Meeting of Shareholders and the Board of Directors of the Company in accordance with the Regulations on the Management Board of Transtelecom JSC. Pursuant to the Regulations on the Management Board, the Company's Charter and the legislation of the Republic of Kazakhstan, the Board of Directors of Transtelecom JSC appoints the members of the Management Board and preliminary terminates their powers, and determines the number of members and term of office. The number of members of the Management Board must be at least five people.

There are labor contracts between the Company and the members of the Management Board (additional agreements to the employment contract if the member of the Management Board is an employee of the Company), which stipulate the direct dependence of the material encouragement of CEO and members of the Management Board on Company's KPIs goals achievement.

The functions, rights and duties of the members of the Management Board are determined by the legislation of the Republic of Kazakhstan, the Company's Charter, the Regulations on the Management Board, and the employment contract. The members of the Management Board, as well as the heads of the Company's structural units, are liable to the Company and shareholders for the timely and high-quality execution of decisions made by the Management Board, as well as for the Company's losses incurred as a result of violation of the information provision procedure as established by the law.

Composition of the Management Board of the Company (as of December 31, 2017):

Full name Job title
Zhanbolat Urakovich Nadyrov CEO (Chairman of the Management Board)
Daniyar Takhirovich Zheksembekov Vice President for Economy, Procurements and Commerce, Member of the Management Board
Yelnar Ruslanovich Adaibekov Acting Vice President for Corporate Governance and Legal Affairs
Saken Madikhanovich Baituganov Executive Director for Commerce
Aidos Magauinovich Kanapin Acting Executive Director for Legal Affairs, Member of the Management Board

The track record of Management Board's members

Zhanbolat Urakovich Nadyrov

CEO

Zhanbolat Urakovich Nadyrov

Mr.Nadyrov was born on April 18, 1974 in the Karaganda region.

In 1998 he graduated from Satpayev Kazakh National Technical University. In 2002 he graduated from Baikonurov Zhezkazgan University, majoring in "Finance and Credit" with "Financier-Economist" qualification.

Zhanbolat Nadyrov began his career as a metalworker of the third grade at the Balkhash-Copper Company.

From April to August 2002 - Head of the Department, General Director of KMT LLP.

From March 2002 to September 2004 - Deputy Director of the Branch of TPK Asia LLP.

From February 2005 to March 2006 - Deputy Chairman of the Management Board of AMO JSC.

From April 2007 to August 2008 - Head of Corporate Business Department of Nurbank JSC.

From August 2007 to September 2008 - Managing Director of Nurbank JSC.

From September 2008 to May 2010 - Deputy Chairman of the Management Board of Nurbank JSC.

From May 2010 to October 2013 - Director of the Representative Office of Development Bank of Kazakhstan JSC.

From November 26, 2013, according to the resolution of the Board of Directors of the Company was elected as Vice-President for Economy and Procurements - member of the Management Board of the Company.

From December 31, 2014, according to the resolution of the Board of Directors of the Company, was elected to the position of Acting First Vice-President - Member of the Management Board of the Company.

From November 17, 2016 according to the resolution of the Board of Directors of the Company Mr.Nadyrov was elected as Company's CEO.

From January 20, 2017 in accordance with the resolution of the Board of Directors was re-elected as Company's CEO.

Alexander Vladimirovich Levitanus

Vice President for Production

Alexander Vladimirovich Levitanus

Mr.Levitanus was born on January 1, 1963 in the East Kazakhstan region. He graduated from V.I.Lenin Kazakh Polytechnic Institute in the field of automation of metallurgical production.

In 2007 Alexand Levitanus graduated from the State University - Higher School of Economics, majoring in MBA - Master of Business Administration (MBA) N018281.

In 2010, Doctor of Business Administration (DBA) per N15. Minutes N16.

From 1983 to 1991, held a position of the 5th category mechanic for instrumentation and automation of "UMP".

From 1991 to 1993, Master of Engineering Department at "UMP".

From 1995 - 2012 Alexandr Levitanus held the position of director of Raiting LLP company, from May 30, 2002 to December 5, 2008 - the Chairman of the Board of Directors of Raiting LLP.

From July 2, 2008, the Director of "UMP" OJSC, "CP UMP" LLP.

From April 12, 2012 according to the resolution of the Board of Directors of the Company - acting Vice-President for Production - Member of the Management Board of the Company.

From March 13, 2013 to January 20, 2017, the Vice-President for Production - member of the Management Board of the Company.

Corresponding Member of the International Academy of Informatization (diploma No. 341).

By decree of December 8, 2006 Mr.Lavitanus was awarded the "Yeren Yenbegi Ushin" medal.

Daniyar Takhirovich Zheksembekov

Vice President for Economy, Procurements and Commerce

Daniyar Takhirovich Zheksembekov

Mr.Zheksembekov was born on August 18, 1988.

Daniyar Takhirovich graduated from London Metropolitan University with a degree in Finance. He began his labor activity in Bukhuchet-NAP LLP, an assistant accountant.

In 2012, Daniyar Zheksembekov became a leading specialist of the Department of Planning and Cash Flows Regulation of the E&FD and OD&ITA in Transtelecom JSC.

Thereafter he continued his work activity as a manager at TauKen Samruk JSC.

In 2014, Mr.Zheksembekov became the senior specialist of the department of planning and regulation of cash flows of the E&FD of Transtelecom JSC.

In 2015, he was transferred to the position of the head of the Procurement department of Transtelecom JSC with the subsequent promotion to the position of acting Executive Director for Economy and Finance.

From November 8, 2016, Daniyar Zheksembekov was transferred to the position of acting Vice President for Economy, Procurements and Commerce.

Advanced Training Courses: Accounting, Leadership Development, Media Competence for Managers, Organization and Conduct of Purchases in SWF Samruk Kazyna Group, Safety and Health at Work, Performance Management (CIMA P1), TM Forum Invoice No.17184407 dated March 31 .2016, "Changes Management: A Strategic View".

From November 17, 2016, according to the resolution of the Board of Directors of the Company, Mr.Zheksembekov was elected as Vice-President for Economy, Procurements and Commerce - a member of the Management Board of the Company.

From January 20, 2017, according to the resolution of the Board of Directors of the Company, he was elected as Vice-President for Economy and Finance.

From December 12, 2017, according to the resolution of the Board of Directors of the Company, Daniyar Zheksembekov was elected as Vice-President for Economy, Finance and Procurements.

Yelnar Ruslanovich Adaibekov

Vice President for Corporate Governance and Legal Affairs

Yelnar Ruslanovich Adaibekov

Mr.Adaibekov was born on February 18, 1986 in Almaty. He graduated from Kings College London, University of London, majoring in BSc Computer Science.

From 2008 to 2009 Yelnar Adaibekov held a position of project manager in Nurbank JSC in Almaty.

From 2009 to 2010 Mr.Adaibekov worked as the head of the risk department in Nur-Trans JSC, Almaty.

From 2010 to 2011 held the position of a senior risk manager at Rompetrol Gas SRL Bucharest, Romania.

From 2012 to 2015 Yelnar Adibekov worked as Deputy General Director in Rompetrol Gas SRL Bucharest, Romania.

From April 14, 2015, according to the resolution of the Board of Directors of the Company, Mr.Adaibekov was elected as the Vice President for Corporate Governance and Legal Affairs - Member of the Management Board of the Company.

From January 20, 2017, according to the resolution of the Board of Directors of the Company, Yelnar Adaibekov was elected to the position of Vice President for Development and Legal Affairs - Member of the Management Board of the Company.

Saken Madikhanovich Baituganov

Executive Director for Commerce

Saken Madikhanovich Baituganov

Mr.Baituganov was born on July 14, 1974 in the South Kazakhstan region. In 1997 he graduated from the Kazakh Chemical and Technological University majoring in Mechanical Engineering.

From January 1996 to April 2003, Saken Baituganov worked at various positions in the representative office of WrigleyGmbH in Kazakhstan.

From June 2003 to March 2008 he held the positions in Gillette Group LLC and Procter & Gamble.

From 2008 to 2012 Mr.Baituganov held the position of Regional Business Development Manager/Director in GSM Kazakhstan LLP, Kazakhtelecom JSC/Kcell JSC.

From December 2012 - Commercial Director of Ayu Corporation LLP.

From December 2013 - Executive Director of ABConsult LLP.

From April 29, 2014, according to the resolution of the Board of Directors of the Company, Mr.Baituganov was elected to the position of Executive Director for Commerce - Member of the Management Board of the Company.

From April 14, 2015, according to the resolution of the Board of Directors of the Company, Saken Baituganov was re-elected to the position of a member of the Management Board of the Company.

From January 20, 2017, according to the resolution of the Company's Board of Directors, Saken Madikhanovich Baituganov was elected to the position of Executive Director for sales of telecommunication services of the Company.

From December 12, 2017, according to the resolution of the Board of Directors of the Company, Mr.Baituganov was elected as Vice-President for Commerce.

Andrey Alexandrovich Sapronov

Executive Director for Modernization and Development

Andrey Alexandrovich Sapronov

Andrey Sapronov was born on August 31, 1967 in Almaty region. He graduated from the Tomsk Institute of Automated Control Systems and Radioelectrics, majoring in the electronic computing equipment design and production.

From 1999 to 2003 held positions of head of Mini-ATS department, the technical director of ComInTel LLP.

С 1999 по 2003 годы работал начальником отдела Мини-АТС, техническим директором ТОО «ComInTel».

From 2003 to 2012 he worked as the Executive Director for Project Work, the Director of the Project Development and Implementation Department, the Chief Technical Officer, the Chief Technical Expert, the Vice President - the Chief Technical Officer, the Chief Engineer of the Company.

On April 18, 2012, according to the resolution of the Board of Directors of the Company, Mr.Sapronov was elected as Executive Director for Modernization and Development, member of the Management Board of the Company.

On April 14, 2015, according to the resolution of the Board of Directors of the Company, he was re-elected as a member of the Management Board.

From January 20, 2017, according to the resolution of the Board of Directors, the authorities of Andrey Sapronov were terminated prematurely.

Zharkimbek Ishanbekovich Khiduanov

Executive Director - Director of "Directorate for the operation of the telecommunications network" branch

Zharkimbek Ishanbekovich Khiduanov

Zharkimbek Ishanbekovich was born on January 25, 1956 in Kyzylorda region. He graduated from the Kazakh Academy of Transport and Communications majoring in power engineering.

From 2000 to 2008 he worked as a senior electromechanic of telegraph at Kyzylorda station, Deputy Managing Director of the branch, Managing Director of Kyzylordatelecom branch.

In 2008 Mr.Khiduanov worked as a Technical Director of Astanatranstelecom JSC.

From 2008 to 2012 he worked as the Managing Director of Kokshetautranstelecom branch.

On January 10, 2013, according to the resolution of the Board of Directors of the Company, Zharkimbek Khiduanov was elected as Executive Director - Director of the "Telecommunications Network Operation Directorate" branch - a member of the Management Board of the Company.

On April 14, 2015, according to the resolution of the Board of Directors of the Company, Mr.Khiduanov was re-elected as a member of the Management Board of the Company.

From January 20, 2017, according to the resolution of the Board of Directors of the Company, authorities of Mr.Khiduanov have been terminated prematurely.

Aidos Magauinovich Kanapin

Executive Director for Legal Affairs

Aidos Magauinovich Kanapin

Mr.Kanapin was born on December 10, 1976 in Nurtaldy village, Shetsky district, Karaganda region.

He graduated from Karaganda State University. named after Ye.A. Buketov, majoring in jurisprudence.

From 1999 to 2000 Aidos Magauinovich worked as the leading economist of the department of customs legislation drawing up of the Tax and Customs Policy Authority of the Department of Fiscal Policy and Forecasts of the Ministry of Finance of the Republic of Kazakhstan.

From 2000 to 2001, he held the position of Acting Director of Gross Ost Time LLP.

From April 2001 to July 2001 held the position of Acting Chief Economist of the Department of Customs Legislation Drawing Up of the Tax and Customs Policy Authority of the Fiscal Policy and Forecasts Department of the Ministry of Finance of the Republic of Kazakhstan.

From August 2001 to 2003 Aidos Kanapin held the position of regional manager of the representative office at Temirtau TP of I.C.S. Inspection and Control Services Kazakhstan LLP.

From 2003 to 2004 he held the position of Deputy Director of Gross Ost-Time LLP.

From 2004 to 2006 Mr.Kanapin held the position of Acting Chief Specialist of the Bills Legal Expertise Authority of the Legal Expertise Department Authority of the Legal Department, Head of the Normative Activity Authority of the Legal Department of the Ministry of Transport and Communications of the Republic of Kazakhstan.

From 2006 to 2008 he held the position of the head of the control and reaction department of the Competition protection Committee of the Ministry of Industry and Trade of the Republic of Kazakhstan.

From 2008 to 2009 he worked as a lawyer of the Legal Affairs Group of the Department of Legal Services in Olympex Advisers LLP.

From May 2009 to November 2009 Aidos Kanapin held the position of Deputy Director of the Product Markets Monitoring and Analysis Department of the Agency of the Republic of Kazakhstan for Competition Protection (Antimonopoly Agency).

From December 2009 to July 2010 Mr.Kanapin worked as deputy general director of the "Satpayev Channel" RSE of the Committee on Water Resources of the Ministry of Agriculture of the Republic of Kazakhstan.

From September 2010 to August 2012 he worked as deputy production director at Balkantau LLP, general manager.

From January 2013 to May 2013, he held the position of the chief inspector of the organizational and inspection department of Karaganda region akim.

From May 2013 to June 2014 Aidos Kanapin held the position of director of the Legal Service Department of the Agency of the Republic of Kazakhstan for Competition Protection (Antimonopoly Agency).

From June 2014 to January 2015 he held the position of the First Deputy Chairman of the Management Board of AB Ipoteka JSC.

From June 2015 to the present holds the position of Executive Director for Legal Affairs of Transtelecom JSC in the city of Astana.

From August 14, 2015, according to the resolution of the Board of Directors of the Company, he was elected to the position of executive director for legal affairs - member of the Management Board of the Company.

From January 20, 2017, according to the resolution of the Board of Directors of the Company, Mr.Kanapin was reelected as a member of the Management Board.