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

ARTICLE 3. KMG FOUNDER AND SOLE SHAREHOLDER
10. The founder of KMG is the Government of the Republic of Kazakhstan
represented by the Committee for State Property and Privatization of the Ministry of
Finance of the Republic of Kazakhstan.
The Sole Shareholder of KMG is Joint Stock Company Sovereign Wealth Fund
“Samruk-Kazyna” (hereinafter – the Fund).
ARTICLE 4. KMG CONSTITUENT DOCUMENTS
11. The present Charter shall be the constituent document of KMG.
12. All the interested parties shall be entitled to familiarize with the Charter.
ARTICLE 5. GOAL AND SUBJECT OF KMG’S ACTIVITY
13. The KMG goal is receiving net profit in the course of carrying out its
independent economic activity.
14. The subject of KMG’s activity shall be as follows:
1) participation in implementation of the uniform state policy in the oil and gas
sector;
2) securing efficient and rational development of oil and gas resources of the
Republic of Kazakhstan under instruction of the authorized state agencies;
3) participation in development of a strategy for use, reproduction, and further
increase of oil and gas resources;
4) representation, in accordance with the procedure established by the Laws, of
the state interests in contracts with contractors conducting oil and gas operations
through obligatory share participation;
5) participation in development of annual reports to the Government of the
Republic of Kazakhstan on implementation of relevant contracts for conducting oil
operations;
6) conducting oil operations jointly with tender winners through the share
participation in contracts by resolution of the Government of the Republic of
Kazakhstan;
7) conducting oil operations on blocks provided to KMG on the basis of direct
negotiations;
8) participation in arrangement of tenders for oil and gas operations within the
territory of the Republic of Kazakhstan;
9) corporate governance and monitoring of issues of carrying out exploration,
development, production, processing, petrochemical activity, sales, and transportation
of hydrocarbons, designing, construction, and operation of oil and gas pipelines and oil
and gas field infrastructure by companies whose packages of shares/ participation shares
belong to KMG;
10) participation in accordance with the procedure established by the Law of the
republic of Kazakhstan in domestic and international projects of the Republic of
Kazakhstan for conducting oil and gas operations;
11) technological monitoring of field development;
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