Corporate governance

The main objectives of corporate management of “KazMunaiGas-Aero” LLP are to ensure extensive transparency in the Partnership management and to prove continued commitment of the Partnership to follow the standards of good corporate governance.

In particular, the Partnership is managed at the appropriate level of responsibility, accountability and efficiency to maximize the value of the Partnership and other benefits for a Single participant.

The Partnership considers corporate governance as a means of improving the effectiveness of the company’s activities, strengthening its reputation and reducing the cost of capital mobilization.

The fundamental principles of corporate governance are

principle of protecting the rights and interests of the Sole participant

1

principle of independent activity of the Partnership

3

principles of legality and ethics

5

policy of regulating corporate conflicts and conflict of interests

7

principle of efficient management of the Partnership's Supervisory Board

2

the principles of transparency and objectivity of disclosure of information about the Partnership activities

4

principle of environmental protection

6

principle of responsibility

8