ForteBank holds extraordinary general shareholders meeting on November 3, 2015

/KASE, September 30, 15/ – ForteBank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote Dear shareholders of ForteBank JSC (hereinafter - the Bank), The Bank (location of the Management Board: 50 Furmanov str., Almaty, Republic of Kazakhstan, 050004) notifies its shareholders of convening the Extraordinary General Meeting of Shareholders (hereinafter - the Meeting) at the initiative of the Board of Directors. The Meeting will be called to order on November 3, 2015 at 11:00 am, Almaty time, at 50 Furmanov str., Almaty, Republic of Kazakhstan, 050004, 3rd floor, conference room number 1. Registration of participants will start at 10:00 am, Almaty time, on November 3, 2015. The list of shareholders entitled to participate in the meeting will be compiled as of 00:00, Almaty time, on October 14, 2015. The Agenda of the Meeting: 1. Approval of the remuneration payable to members of the Board of Directors. 2. Participation of members of the Board of Directors in the program of moving the employees of the head office of the Bank to Astana. 3. Election of a member of the Board of Directors – an Independent Director of the Bank and approval of the amount of his/her monthly fixed remuneration. In accordance with clause 5 of Article 17 of the Law of the Republic of Kazakhstan "On Banks and Banking Activity in the Republic of Kazakhstan", "legal entities registered in offshore zones, the list of which is established by the competent authority (see: a letter No. 04-01-14/1615 of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial organizations of April 29, 2009), shall not be entitled to directly or indirectly own and (or) use, and (or) dispose of voting shares of resident banks of the Republic of Kazakhstan." According to clause 5-1 of that Article, "a shareholder participating in the general shareholders' meeting shall present a statement which indicates compliance with the requirement of clause 5 of this Article by its shareholders (participants) in case the information on the country of registration of such shareholders (participants) is not possessed by the bank." The second paragraph of this clause stipulates that "a shareholder who failed to submit the above statement shall not be allowed to participate in the general meeting of shareholders." In this regard, for registration purposes the meeting participants shall provide documents confirming their right to attend the Meeting and vote on the items under consideration of the Meeting. The materials of the Meeting will be made available to the Shareholders within the deadlines and in the manner prescribed by the Joint Stock Company Act of the Republic of Kazakhstan at: 50 Furmanov str., Almaty, Republic of Kazakhstan, 050004. In case of no Meeting quorum available a repeated extraordinary general meeting of shareholders will be held on November 4, 2015 at 11:00 am, Almaty time, at: 50 Furmanov str., Almaty, Republic of Kazakhstan, 050004, 3rd floor, conference room number 1. Registration of the participants of this meeting will start at 10:00 am, Almaty time, on November 4, 2015. Telephone: +7 727 258 40 40, ext. 52727. * * * In accordance with item 3 on the agenda "Election of a member of the Board of Directors – an Independent Director of the Bank and approval of the amount of his/her monthly fixed remuneration", please provide information on the nominees to the Board of Directors. In accordance with clause 2 of Article 44 of Joint Stock Company Act of the Republic of Kazakhstan the information on the proposed candidates for the Board of Directors of the Bank shall include: 1) last name, first name, as well as optional – patronymic; 2) information on educational background; 3) information on affiliation to the Bank; 4) information about the places of work and positions held over the last three years; 5) other information confirming qualification and experience of the candidate. The information on the proposed candidates for the Board of Directors of the Bank should be sent to 50 Furmanov str., Almaty, Republic of Kazakhstan, 050004, or by e-mail cs@fortebank.com September 30, 2015. unquote [2015-09-30]