Кыргызская фондовая биржа

Results of the Annual General Meeting of Shareholders of Bank of Asia CJSC

The Annual General Meeting of Shareholders of "Bank of Asia" CJSC was held on 15 March 2024 with the following agenda:
1. Summarising the results of Bank of Asia CJSC activity for the reporting year 2023.
2. Approval of the annual report of the Board of Directors for 2023.
3. Approval of the business plan and financial plan of "Bank of Asia" CJSC for 2024-2026.
4. Profit distribution. Payment of dividends.
5. Amendment of the decision of the Annual General Meeting of Shareholders of "Bank of Asia" CJSC dated 25.03.2023 in terms of dividends payment.
6. Increase of the authorised capital of "Bank of Asia" CJSC.
7. Payment of one-time remuneration to the members of the Board of Directors of "Bank of Asia" CJSC according to the results of 2023.
8. Extension of authorities of members of the Board of Directors of Bank of Asia CJSC.
9. Approval of representation expenses of the Board of Directors for 2024.
10. Approval of the Charter of "Bank of Asia" CJSC in a new edition. Re-Registration course NBKR on: in the authorised state body.
11. Approval of the Regulation "On the Board of Directors of Bank of Asia CJSC".

The following decisions were made on the agenda of the annual general meeting of shareholders:

Regarding the first question:
1. To approve the report of results of "Bank of Asia" CJSC for the reporting year 2023.
2. To approve the balance sheet and profit and loss statement of "Bank of Asia" CJSC for 2023.
On the second item:
To approve the report of the Board of Directors of "Bank of Asia" CJSC for 2023.
On the third issue:
To approve the business plan and financial plan of "Bank of Asia" CJSC for 2024-2026.
On the fourth issue:
To pay dividends to shareholders based on the results of "Bank of Asia" CJSC for 2023 in the following order:
1. In monetary terms from the cash desk of the bank not later than 120 days from the moment of adoption of this decision.
2. Part of dividends shall be paid in the form of common shares of "Bank of Asia" CJSC.
On the fifth issue - no decision was made.
On the sixth issue:

7. Increase the number of circulating common shares of "Bank of Asia" CJSC by 200,000 (two hundred thousand) copies with nominal value of 1,000 (one thousand) soms each, for the amount of 200,000,000.00 (two hundred million soms, 00 tyyn) soms, with the Total: amount of the authorised capital of 1,200,000,000.00 (one billion two hundred million soms, 00 tyyn) soms.
Placement price: 1 share = 1,000 soms.
2. Dividends in the amount of 200,000,000,00 (two hundred million soms, 00 thujyn) soms shall be used to increase the authorised capital.
3. The additionally issued shares are registered, the form of issue is non-documentary. 4.
4. The issue of additional shares shall be placed by closed placement.
5. To set the following placement term:
- placement start date - not later than five working days from the date of Registration course NBKR on: of the share issue with the authorised state body:
- date of placement end - within one year from the moment of shares placement commencement.
6. Form and procedure of payment for shares - by cash, non-cash and/or cash payment methods.
7. To distribute the additionally issued shares among one shareholder Mr Lee Jong Baek.
On the seventh item:
To pay the following members of the Board of Directors of "Bank of Asia" CJSC, based on the results of 2023, a one-time remuneration in the amount of the monthly remuneration fund of the Board of Directors in proportion to the time worked, taking into account taxes and insurance contributions:

Niyazov E.T
Zhanteva A.Zh.
Omoyev T.A.
Mederov D. С.
Bubeev M. S.
On the eighth item:
To extend the term of powers of the Chairman and the following members of the Board of Directors of "Bank of Asia" CJSC till 25 March 2025:
Nazira Tutanovna Beishenalieva - Chairman of the Board of Directors.
Members of the Board of Directors:
Lee Jong Baek
Ermek Turgunbekovich Niyazov
Zhantaeva Aizhan Zhumabekovna
Mederov Daniyar Sultanovich 
Timur Asylbekovich Omoev
On the ninth item:
To approve the representation expenses of the Board of Directors for 2024 for official meetings and meetings of the Board of Directors.
On the tenth item:
1. To approve the new edition of the Charter of Bank of Asia CJSC.
2. To re-register "Bank of Asia" CJSC with the authorised state body in accordance with the legislation of the Kyrgyz Republic.
On the eleventh issue:
To approve the Regulation "On the Board of Directors of "Bank of Asia" CJSC,
To invalidate the Regulation "On the Board of Directors of "Bank of Asia" CJSC" approved by the minutes of the annual general meeting of "Bank of Asia" CJSC dated 19 March 2018.