www.ulba.kz :: Corporate Management

UMP JSC Board of Directors

The Board of Directors is the Company’s management body which performs general management of the Company’s operations. The resolutions of the Board of Directors are made under procedure stated in the Company’s Statute, the Company’s Code of Corporate Governance and Statement on the Board of Directors.

In the Company, there is Statement on the Board of Directors in effect which was approved by the Resolution of the Sole Shareholder. The Board of Directors ensures not only effective Company management but also control system functioning, and respect and protection of rights and legal interests of the Sole Shareholder.

Activities of the Board of Directors are based on the principles stipulated by the Law of the Republic of Kazakhstan and business ethics standards.

Requirements to potential members of the Board of Directors

Potential members of the Board of Directors should have adequate work experience, knowledge, expertise and good achievements in business and (or) industry-specific area necessary to perform their duties and arrange effective work of the Board of the Directors for benefit of the Sole Shareholder and the Company; also, they should meet the requirements stipulated in the Company’s internal documents.

Requirements to the Company’s independent directors

According to the Company’s internal documents, a potential independent director of the Company should meet the criteria as follows:
1) he/she is not, and has not been within three years prior to his/her election to the Board of Directors, an affiliated person of the Company (except for his/her holding the position of the Company’s independent director);
2) he/she is not, and has not been within three years prior to his/her election to the Board of Directors, an employee of the Company or its affiliated persons;
3) he/she is not, and has not been within three years prior to his/her election to the Board of Directors, in immediate relationship (parent, brother, sister, son, daughter), marriage or in-law relationship (spouse’s brother, sister, parent, son or daughter) with the Company employee;
4) he/she is not an affiliated person in relation to the Company’s affiliated persons;
5) he/she is not, and has not been within three years prior to his/her election to the Board of Directors, in subordination relationship with officials of the Company or organizations which are affiliated persons of the Company;
6) he/she is not, and has not been within three years prior to his/her election to the Board of Directors, an affiliated person of a large customer or supplier of the Company or its affiliated persons;
7) he/she is not an affiliated person of non-profit organization that is significantly funded by the Company or its affiliated persons;
8) he/she does not provide the Company or its affiliated persons with any paid services, including consulting ones;
9) he/she is not an official of the legal entity where the Company’s employee holds the position of a member of the Board of Directors;
10) he/she is not a state official;
11) he/she is not, and has not been within three years prior to his/her election to the Board of Directors, the Company’s auditor;
12) he/she does not participate, and has not participated within three years prior to his/her election to the Board of Directors, in the Company’s audit as an auditor working as a part of an audit organization;
13) he/she is not, and has not been within three years prior to his/her election to the Board of Directors, an affiliated person of the Company’s auditor or its affiliated persons.

Members


	Kuanysh Altynbekovich Omarbekov Chairman of the Board of Directors Born in 1986. In 2007, he graduated from the Almaty Academy of Economics and Statistics with a Bachelor’s degree in Finance. In 2014, he graduated from Kazakh Humanitarian Law University with a Bachelor’s degree in Law. In 2017, he graduated from the Russian Presidential Academy of National Economy and Public Administration with a Master of Business Administration (MBA) qualification, and in 2022 - from the Kazakh National Research Technical University named after K.I. Satpayev with a degree in Metallurgy and Mineral Processing. 2011 - Material and technical support engineer of Kazatomonerkasip zholdary branch of Trade and Transportation Company LLP. From 2018 to 2022 - General Director of KAP Logistics LLP (previously Trade and Transportation Company LLP). Since December 2022 - General Director of JV Akbastau JSC. Since June 2023 till present - Chief Operating Officer, Member of the Management Board of NAC Kazatomprom JSC. Date of election to the current Board of Directors - November 23, 2023. Citizenship - Republic of Kazakhstan.

	Seyitzhan B. Janybekov Member of the Board of Directors Born in 1994. In 2014, he graduated from the University of Michigan with a degree in Supply Chain Management. In 2016, he graduated from Kazakh-British Technical University with a degree in Management (Master’s Degree). From May 2013 to August 2013 - Assistant Specialist of Logistics Department at Philip Morris Kazakhstan LLP. From November 2014 to December 2015 - Coordinator of PRO Department at Globalink Transportation and Logistics Worldwide LLP. From January 2016 to June 2016 - Commercial Manager of Mammoet KZ LLP. From July 2016 to April 2017 - Employee under a service contract of the Sales Support Department of NAC Kazatomprom JSC. Since April 2017 - Manager, Chief Manager, Head of Department, Deputy Director, Chief Expert of the Sales Support Department of NAC Kazatomprom JSC. From June 2021 to the present - Director of the Marketing Department of NAC Kazatomprom JSC. Date of election to the present Board of Directors - January 12, 2023. Citizenship - the Republic of Kazakhstan.

	Almas A. Ryspanov Member of the Board of Directors Born in 1987. In 2008 he graduated from the Kazakhstan Institute of Management, Economics and Forecasting (KIMEP), Bachelor of Business Administration and Accounting. From 2008 to 2009 - Assistant of the 1st Sector of Financial Institutions of the Audit Department, KPMG Audit LLP; From 2010 to 2012 - Expert on external relations, chief expert on external relations, Accounts Committee for Control over the Execution of the Republican Budget of the Republic of Kazakhstan; From 2012 to 2015 - Assistant to the deputy of the Majilis, Majilis Office of the Parliament of the Republic of Kazakhstan; From 2015 to 2017 - Manager of the Investment Projects Department, chief manager (acting director) Investment Projects Department, Samruk-Kazyna Invest LLP; From 2017 to 2020 - Deputy General Director for Economics and Finance, RU-6 LLP; From June 2020 to February 2021 - Director of the Economic Analysis Department, NAC Kazatomprom JSC; From June 2020 till now - Director of the Department of Economics and Planning, NAC Kazatomprom JSC. Elected to the current Board of Directors on June 26, 2022. Citizenship – the Republic of Kazakhstan.

	Sergey Vladimirovich Bezhetskiy Member of the Board of Directors He was born in 1969. In 1994, he graduated from Tomsk Polytechnic Institute with specialization in Nuclear and Chemical Technology. In 2009, he graduated from Moscow State University – Higher School of Economics with specialization in General Strategic Management, МВА. Since 1994, he has been working at Ulba Metallurgical Plant JSC. From 1994 through 2004 - Operator of the 6th category, Shop “V”, Shift Foreman in Shop “V”, Process Engineer – Powder Production – Shop “V”, Uranium Production Division, Deputy Shop Chief – Process Engineer of Shop “V”, Uranium Production Division. From 2004 through 2008 - Deputy Director – Uranium Production Division. From 2008 through 2018 – Director – Uranium Production Division. From 2018 through 2020 - First Deputy Executive Board Chairman – Chief Engineer, UMP JSC. Since September 2020 – Executive Board Chairman, UMP JSC, the date of election to the current Board of Directors is June 26, 2022. Citizenship – the Republic of Kazakhstan.

	Assem Serikanova Zhakipova, FCCA, PMP Independent Director Born in 1984. She graduated from Kazakh Institute of Management, Economics and Strategic Research (KIMEP) in 2005 as a Bachelor of Business Administration and Accounting. Further in 2010 she graduated from University of Cambridge, UK, as a recipient of Bolashak scholarship. Currently Ms. Zhakipova is in in the process of doing Doctorate in Business Administration (DBA) at Geneva Business School. Ms. Zhakipova is a member of Association of Certified Chartered Accountants (ACCA) from 2009. 2005 - 2012 - Manager, Capital Markets Group and Audit, Assurance Services, PwC (London, Hong Kong and Astana); 2012 - 2019 – Regional Senior Finance Manager for Russia/CIS, GE Transportation; May 2018 - July 2019 – Independent Director at BoD, member of Audit Committee, Astana Innovations; 2019 - 2020 – Internal Auditor, Astana Financial Services Authority (AFSA), Chief Operations Officer, Court and International Arbitration Center of Astana International Financial Center; 2019 - present - Independent Director at BoD, JSC JV Akbastau. The date of election to the current Board of Directors is 26 June 2022. Citizenship – Republic of Kazakhstan.

	Abzal Tulepbergenovich Raimkhanov Independent director He was born in 1984. In 2006, graduated from the Satbayev Kazakh National Research Technical University, Republic of Kazakhstan, with a degree in Mechanical Engineering. In 2009, graduated from the Staffordshire University/APIIT, Kuala Lumpur, Malaysia, with a degree in Technology Management. In 2019, graduated from Asia School of Business in co-operation with MIT (USA), Kuala Lumpur, Malaysia, with a degree in Business Administration. 2006-2007 – engineer, Almatymetstroy JSC, Almaty, Republic of Kazakhstan; 2009-2011 – manager, chief manager, Development Bank of Kazakhstan JSC, Astana, Republic of Kazakhstan; 2011-2014 – Business Development Director in SNC-Lavalin INC, Astana, Republic of Kazakhstan; May – November, 2014 – Business Development Director BAZIS-A LLP, Astana, Republic of Kazakhstan; 2014-2015 – manager of RK TYPSA S.A., Astana, Republic of Kazakhstan; 2015-2017 – Director of Resmi Trade LLP, Astana, Republic of Kazakhstan; June – August, 2018 – consultant of Petronas, Kuala Lumpur, Malaysia; 2019-2020 – Deputy Director General of Esquel Group, Penang, Malaysia; February – April, 2021 – marketing and sales consultant of Olive House, Penang, Malaysia; Since February 2021 – to the present day – Assistant Professor for Research of Asia School of Business + Massachusetts Institute of Technology + Massachusetts Institute of Technology, Kuala Lumpur, Malaysia + Cambridge, USA. Managing partner, founder of ARnomad Consulting, Dubai, UAE. The date of election to the current Board of Directors is June 26, 2022 Citizenship - the Republic of Kazakhstan.

	Amanzholov Almaz Kanatbekovich, FCCA Independent Director Born in 1983. In 2002, he graduated from the Kazakh-Turkish Accounting and Economics College with a degree in Marketing. In 2006, he graduated from Al-Farabi Kazakh National University with a degree in Management. In 2017, graduated from London Business School, Sloan Masters in Leadership and Strategy program. Since 2013 is a member of the International Association of Chartered Certified Accountants (ACCA). From 2006 to 2010 – from Assistant Auditor to Senior Auditor at Deloitte. 2011-Financial Manager of Management Solutions LLP». From 2011 to 2014 – Chief Financial Controller of Altyntau Kokshetau JSC, Project Manager of Kazzinc LLP, Director of the Strategic Development and M&A Department of Altyntau Resources JSC». From 2014 to 2017 – Deputy General Director for Finance of Odyssey Investments Group LLP». From 2017 to 2018 – General Director of Odyssey Investments Group LLP». 2019 – Marketing Director of the Astana International Financial Center". 2020 – Director of Deal Attraction at AIFC Business Connect Ltd. (a subsidiary of the Administration of the Astana International Financial Center") From 2020 through March 2022 – Chief – Transaction Structuring and Attraction Division, AIFC Business Connect Ltd. (affiliate of Astana International Financial Center Administration. From April 2022 till now – Chief Investment Director, White Hill Capital Ltd., WHC Tech Ventures venture fund manager.Тhe date of election to the current Board of Directors is February 18, 2021. Citizenship – the Republic of Kazakhstan.

	Manas Iskakov Member of the Board of Directors Was born in 1970. In 1992 graduated from Kyzylorda State University named after Korkyt-Ata, specialty "Physics and Pedagogy". In 2016 graduated from National Research Tomsk Polytechnic University, specialty "Technologies of Uranium Mining and Processing Companies". 1992-2001 –Engineer-Physicist of Radiation Hygiene Department of Kyzylorda Regional Sanitary and Epidemiologic Station. 2001-2004 – Chief - Radiation Safety and Environmental Protection Department, NAC Kazatomprom JSC branch, Mining Administration No.6. 2004 - 2005 - Chief - Radiation Safety and Environmental Protection Department, Mining Company Ltd., Mining Administration No.6. 2005 - 2011 – Lead Manager – Labor Safety and Environmental Protection Department, NAC Kazatomprom JSC. 2011 - 2014 - Manager - Labor Safety and Environmental Protection Office, NAC Kazatomprom JSC. 2014 - 2015 – Chief Manager - Labor Safety and Environmental Protection Office, NAC Kazatomprom JSC. 2015 - 2017 - Chief Manager - Labor Safety and Environmental Protection Department, NAC Kazatomprom JSC. Since August 2017 till May 2020 – Director – Process Safety Department, NAC Kazatomprom JSC Since May 2020 – till the present time – Managing Director for Process Safety (HSE), NAC Kazatomprom JSC. Date of election to active component of the Board of Directors – December 22, .2023. Citizenship – the Republic of Kazakhstan.

	Zhanat Umerbekov Member of the Board of Directors Was born in 1979. In 2000 graduated from Karaganda Higher School of the Ministry of Internal Affairs of the Republic of Kazakhstan, specialty "Jurisprudence". In 2003 graduated from Private Educational Institution “Management Institute”, specialty "Finance and Credit". In 2018 graduated from Federal State Independent Institution of Higher Education “National University of Research and Technology “Moscow Institute of Steel and Alloys”, Moscow. 2000 - 2005 – Ministry of Internal Affairs of the Republic of Kazakhstan, Astana. Since 2006 till November 2013 – National Security Committee of the Republic of Kazakhstan, Astana. Since October 2013 till July 2017 – Chief - Department of Information Protection and Records Management, Director - Department for Protection of State Secrets and Security, NAC Kazatomprom JSC. Since July 2017 till January 2019 – Managing Director for Integrated Security, NAC Kazatomprom JSC Since February 2019 till October 2019 – Managing Director for Security and Relations with State Bodies, NAC Kazatomprom JSC. Since October 2019 till June 2023 – Officer of National Security Committee of the Republic of Kazakhstan, Astana. June 2023 till the present time – Managing Director - HR and Social Work, NAC Kazatomprom JSC. Date of election to active component of the Board of Directors – December 22, .2023. Citizenship – the Republic of Kazakhstan.

	Natalya Bokovaya Member of the Board of Directors Was born in 1970. In 1993 graduated from Al-Farabi Kazakh State National University, Physics Department, specialty "Physics". 1996 - Candidate of Physical and Mathematical Sciences, PhD. 1997 - 2000 – Senior Professor - Department of Space and Radiation Physics, Al-Farabi Kazakh State National University, Almaty, the Republic of Kazakhstan. 1997 - 2002 – Teacher, Chief of methodological association of School No. 55, Almaty, the Republic of Kazakhstan. 2002 - 2003 – Deputy Director – Eltechnology Research and Development Company Ltd. 2003 - 2007 – Manager – Sales and Marketing Department, NAC Kazatomprom JSC. 2007 - 2010 – Director – Sales Department, Baiken-U Ltd. 2010 - 2017 – Chief - Accounting and Control Division, NAC Kazatomprom JSC. 2017 - 2020 – Chief - Department of Natural Uranium and Nuclear Materials Accounting and Control, NAC Kazatomprom JSC. Since 2020 till the present time – Director - Department of Uranium and Nuclear Materials Accounting and Control, NAC Kazatomprom JSC. Date of election to active component of the Board of Directors – December 22, .2023. Citizenship – the Republic of Kazakhstan.