QAZAQ GREEN.  Altynalmas gold mining company was chosen as an accredited observer of Qazaq Green RES association. The Company thus demonstrates its commitment to high standards of sustainable development and its will to develop "green" energy.

The Qazaq Green RES Association unites investors, developers, equipment manufacturers, international financial institutions and universities interested in the development of renewable energy sources in Kazakhstan. The Association members include such companies as KEGOC, NC KazMunayGas JSC, AIFC, Development Bank of Kazakhstan, Eurasian Development Bank, Huawei, Hevel and others.

AK Altynalmas JSC already has projects aimed at decarbonization in place. For example, the Company's site in the Karaganda Oblast has solar panel lighting installed between the Dolinnoye and Pustynnoye deposits. The use of alternative energy sources has improved safe working conditions for employees and taken care of the environment by minimizing greenhouse gas emissions, thereby reducing the carbon footprint. The Company invested more than 178.6 million tenge in this project.

Bakhrom Dzhalolov, Executive Committee Member, Chief Sustainability Officer of AK Altynalmas JSC: "Our participation in the Qazaq Green RES Association is driven by the principles of the ESG policy, introduced in our company. As we know, renewable energy sources are one of the most effective tools for decarbonization. Thus, we are very interested in the renewable energy sector and look forward to the successful implementation of green energy projects. We believe that the integration of social and environmental responsibility aspects into business processes is a necessary step for the sustainable development of our company".

The Company aims to use the opportunities of Qazaq Green platform for B2B and B2G negotiations to find the best and most effective solutions for the introduction of "green" energy projects at its production sites.

Members of Qazaq Green Association are provided with qualified support on RES from information and analytical consultation to making proposals to state authorities, as it is an accredited organization by the Ministry of Energy and the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan.

Nurlan Kapenov, Chairman of the Board of Directors of Qazaq Green RES Association: "Today we see an increasing interest of companies from the real sector in environmental issues and implementation of projects aimed at reducing the carbon footprint. The Association is ready to share its experience and hopes that Altynalmas will implement projects in the RES sector as well".

Altynalmas operates in strict compliance with the best international ESG practices, and is among the top 10 Kazakh companies in the GRI sustainability standards rating, and one of its important goals of sustainable development is the development of "green" energy.