APPROVED by resolution of the Sole Shareholder of ... - КазМунайГаз

15) appointment and early termination of KMG’s ombudsman’s powers and
approval of the Provision in his/her respect ;
16) approval of documents regulating KMG’s internal activity (except for the
documents approved by KMG’s Management Board aimed at arrangement of KMG’s
activity), in line with the list approved by KMG’s Board of Directors, inclusive of an
internal document specifying terms and procedure for holding of auctions and
subscription for KMG’s securities, as well as labor remuneration chart for members of
the Management Board, employees of the Internal Audit Service and the Corporate
Secretary, making amendments thereto and consideration of documents adopted by the
Board of Directors invalid;
17) decision making on opening and closing of branches and representation
offices of KMG beyond the Republic of Kazakhstan, as well as approval of regulations
on them;
18) choice of KMG’s registrar, in case of termination of a contract with the
former KMG’s registrar (effective till 1 January 2013);
19) decision making on foundation (participation in foundation) of legal entities ;
20) decision making on acquisition or alienation by KMG of ten and over per
cent of shares (participation shares in the chartered capital) of other legal entities;
21) decision making on KMG entering into major transactions and interestedparty
transactions in line with legislative acts of the Republic of Kazakhstan;
22) decision making on the issues of obtaining, transfer (assignment) of the
subsoil use right (upon coordination with the Competent Authority in line with the
legislation), amending of contracts for subsoil use (except for amending the contracts,
related to amending legislative acts or resolutions of the Government of the Republic of
Kazakhstan, changing details of the parties and introducing drafting changes),
concluding joint operating contracts (agreements) with strategic partners for joint
implementation of projects under subsoil use contracts;
23) approval of KMG Development Plan as per the procedure established by the
Sole Shareholder and monitoring its implementation;
24) approval of key motivating performance indicators for members of KMG’s
Management Board and Head of KMG’s Internal Audit Service as well as their target
values, and approval of the Corporate Secretary’s performance targets;
25) determination of the procedure and term for receipt of the information on
KMG’s activity, including financial information, by members of the Board of Directors;
26) approval of the Accounting Policy and Tax Accounting Policy of KMG;
27) approval of KMG’s common risk-appetite, tolerance levels in respect of
every KMG’s key risk and determination of limits for risk level;
28) approval of KMG’s risk register and map;
29) approval of multiple employment in other organizations for KMG’s
Management Board Members;
30) approval of the Management Board’s resolutions KMG’s entering into
transactions that determine the terms of implementation of investment projects socially
important to the Republic of Kazakhstan and characterized by low economic efficiency;
31) decision-making on the following matters of activity, related to the exclusive
terms of reference of the general meeting of shareholders (members) of a legal entity
12