NEWS

Dear shareholders! Joint Stock Company Ust-Kamenogorsk Titanium and Magnesium Combine (hereinafter referred to as JSC UKTMK or the Company) in accordance with Article 35, paragraph 1 and subparagraph 1) paragraph 3 of Article 37 and Article 41 of the Law of the Republic of Kazakhstan "On Joint Stock Companies" notifies the shareholders of UKTMK JSC of the holding of the Annual General Meeting of Shareholders by absentee voting, which will be held on July 26, 2023 at 3 p.m. (Astana time) at the location of the executive body. Location of the executive body of UKTMK JSC: Ust-Kamenogorsk, East Kazakhstan region, Republic of Kazakhstan, Bagdat Shayakhmetov Street, building 1/1, postal code 070017. The initiator of the Annual General Meeting of Shareholders is the Board of Directors of UKTMK JSC.List of shareholders entitled to participate in the Annual General Meeting of Shareholders of the Company, It is compiled by the central securities depository on the basis of data from the registry system of shareholders of UKTMK JSC. Date of drawing up the list of shareholders entitled to participate in the Annual General Meeting of Shareholders of the Company: June 29, 2023.The date of the beginning of the provision of ballots for counting the results of absentee voting: On June 30, 2023, from 09:00 a.m. (Astana time).The deadline for submitting ballots for counting the results of absentee voting is July 26, 2023, until 14:00 (Astana time).The date of counting the results of the absentee voting: July 26, 2023 at 3 p.m. (Astana time).In the absence of a quorum during the Annual General Meeting of Shareholders of the Company by absentee voting, A repeated general meeting of shareholders will not be held.The AGENDA of the Annual General Meeting of Shareholders of UKTMK JSC:On approval of the Company's annual financial statements for 2022.On approval of the procedure for the distribution of the Company's net income for 2022. On dividends based on the results of 2022.Definition of the auditing organization performing the audit of the Company for 2023.On early termination of powers of a member of the Board of Directors of the Company and election of a new member of the Board of Directors of the Company. Consideration of issues related to shareholder complaints about the actions of the Company and its officials and the results of their consideration.In accordance with paragraph 6 of Article 43 of the Law of the Republic of Kazakhstan "On Joint Stock Companies", when making a decision by the general meeting of shareholders by absentee voting, the agenda of the Annual General Meeting of Shareholders may not be changed and (or) supplemented.Materials on the agenda of the Annual General Meeting of Shareholders of the Company are available for review by shareholders at the location of the executive body of UKTMK JSC, and also on the corporate website of UKTMK JSC www.uktmp .kz in the "News" section.If there is a request from a shareholder of UKTMK JSC sent to the Company's email address post@uktmp.kz materials on the agenda of the Annual General Meeting of Shareholders will be sent to him within 3 (three) business days from the date of receipt of the request. The specified information is provided to persons entitled to participate in the Annual General Meeting of Shareholders of the Company.The procedure for voting at the Annual General Meeting of Shareholders of UKTMK JSC by absentee voting is determined in accordance with Articles 46, 49, 52 of the Law of the Republic of Kazakhstan "On Joint Stock Companies": For absentee voting at the Annual General Meeting of Shareholders of UKTMK JSC, the voting bulletin is published on the corporate website of UKTMK JSC www.uktmp .kz and on the Internet resource of the financial reporting depository.The completed absentee voting ballot is provided by the shareholders at the location of the executive body of UKTMK JSC or by means of postal or courier communication. The date of submission of the absentee ballot is considered to be the date of its registration with UKTMK JSC. Accounting Commission: determines the validity of the ballots received and their number; counts the number of votes on each item on the agenda and determines the quorum of the Annual General Meeting of Shareholders of UKTMK JSC; counts the votes on all issues of the Annual General Meeting of Shareholders of UKTMK JSC and summarizes the voting results; draws up and signs the minutes of the voting results and the minutes of the Annual General Meeting of Shareholders UKTMK JSC. The Annual General Meeting of Shareholders of the Company is held in accordance with Articles 35-37, 39, 41, 43-47, 49-52 of the Law of the Republic of Kazakhstan "On Joint Stock Companies".AGM Bulletin 2023. Appendix 1 to the 2023 bulletin Appendix 2 to the bulletin Summary of a member of the Board of Directors of UKTMK JSC