Notice of Placement of Ordinary Shares of JSC "Nurbank"

Hereby Joint-stock company "Nurbank" (certificate of state reregistration No. 3868-1900-AO dated November 9, 2004) (hereinafter referred to as the Bank), located at the address: A15E2D3, Almaty, Abay Ave., 10 "V", in accordance with Article 16 of the Law of the Republic of Kazakhstan "On Joint-stock Companies", notifies its shareholders of the opportunity to acquire the placed (offered) ordinary shares of the Bank (ISIN KZ000A1CTMU5), the issue of which was registered by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market on March 17, 2020, according to their preemptive right on the following conditions:

1. The number and types of placed (offered) securities – 877,169 pieces of ordinary shares of the Bank.
2. The ratio of the number of placed (excluding those repurchased by the company) ordinary shares to the number of placed ordinary shares is 12 (hereinafter – coefficient k). The number of shares that existing shareholders are entitled to purchase under the preemptive right is determined by dividing the number of ordinary shares in their possession on the record date by the coefficient k. If the division results in a fractional number, the integer part is applied only, ignoring the figures after the decimal point.
3. The list of shareholders entitled to preemptive purchase of placed ordinary shares is fixed based on the data of the Bank's securities holders registry system at 00:00 on March 17, 2020 (hereinafter – "Record Date").
4. The period during which a shareholder can submit an application to purchase the placed ordinary shares in accordance with the preemptive right is 5 business days from the day of publication of this placement notice (hereinafter – "Period") – up to and including March 30, 2020.
5. The placement price is 6,751.38 tenge per 1 ordinary share of the Bank (hereinafter – Placement Price). The Placement Price is uniform for all individuals acquiring ordinary shares of the Bank within this placement.
6. The conditions for purchasing the placed ordinary shares – placement is carried out among shareholders holding ordinary shares of the Bank on the Record Date, as well as in favor of investors in the following order:

(1) current shareholders have the right during the Period to submit an application to purchase the placed ordinary shares of the Bank (hereinafter – application) on equal terms proportional to the number of ordinary shares they own at the Placement Price.

(2) payment for shares purchased under the preemptive right is made by the shareholder within 5 business days from the date of submission of the application for their purchase;

(3) actual execution of the applications received and transfer of shares to shareholders under the preemptive right are conducted by the Bank after payment for the shares by the shareholders;

(4) in case of non-payment of shares after the expiry of 5 business days from the date of submission of the application for their purchase, the application is considered invalid;

(5) after the Period, the remaining shares not placed following the realization by shareholders of the preemptive right, are offered by the Bank at the Placement Price to investors within 30 calendar days;

(6) applications from investors are accepted and satisfied in the order of their receipt, determined by the date of application submission; in case several applications are received on the same day, the order of receipt is determined by the time of application submission.

(7) payment for shares acquired by investors is made by the investor within 10 calendar days from the date of application submission for their purchase;

(8) actual execution of the submitted applications and transfer of shares to investors are conducted by the Bank after payment for the shares by the investors;

(9) after placement of shares among shareholders by the preemptive right and realization of shares to investors, the placement within this decision is considered completed. If as a result of such placement some ordinary shares remain unplaced, the decision on placing such shares will be taken additionally by the Board of Directors of the Bank;

(10) shareholders and investors who submitted applications must confirm their compliance with the requirements of Article 17 of the Law of the Republic of Kazakhstan "On Banks and Banking Activity in the Republic of Kazakhstan";

(11) representatives of shareholders and investors upon submission of documents and signing of documents must confirm their powers in accordance with the requirements of the legislation of the Republic of Kazakhstan.

1. Applications are submitted in the following order:

- shareholders – holders of ordinary shares and investors submit applications directly to the Bank at the address A15E2D3, Almaty, Abay Ave., 10 "V", to the Head of Capital Management, Salkenova Tauile Kazizovna, phone +7 (727) 2-500-000, (ext.5692);

- Application forms for purchasing shares are posted on the Bank's corporate website www.nurbank.kz.

You can read the issue prospectus of the emission securities or other information on the website of the Financial Statements Depository and JSC "Kazakhstan Stock Exchange", or at the Bank at the address A15E2D3, Almaty, Abay Ave., 10 "V" Contact the Financial Director – member of the Management Board of JSC "Nurbank", Zhakanbaev Rishat Selmarovich, phone 2500-000, (ext. 5300) or to the Capital Management of JSC "Nurbank", Salkenova Tauile Kazizovna, phone 2500-000 (ext.5692).