Results of EGM of Shareholders

Air Astana JSC

10 February 2026

 

10 February 2026

Results of Extraordinary General Meeting of Shareholders

Almaty, Kazakhstan - Air Astana JSC (the "Company" and, together with its subsidiary FlyArystan, the "Group"), the largest airline group in Central Asia and the Caucasus regions by revenue and fleet size, announces that the following resolution was duly passed at its Extraordinary General Meeting on 9 February 2026. 

1.   To conclude a major transaction with Airbus S.A.S for the acquisition of five (5) firm Airbus A320N type aircraft and twenty (20) firm A321NX type aircraft with deliveries scheduled for 2031-2034 for the amount constituting fifty (50) per cent or more of the total amount of the balance sheet value of the assets of Air Astana JSC, with secured purchase rights for twenty five (25) additional Airbus A320neo family aircraft.

2.   To approve the restated Policy of Remuneration of the Members of the Board of Directors of Air Astana JSC. To determine that the provisions of the restated Policy of Remuneration of the Members of the Board of Directors of Air Astana JSC shall apply to legal relationships arising from 1 January 2025.

3.   To elect (re-elect) the Board of Directors of Air Astana JSC consisting of 9 (nine) members for the term of office from 09 February 2026 to 30 May 2028, as follows:

- Mr. Zhakupov Nurlan Karshagovich - representative of the Shareholder - Samruk-Kazyna JSC;

- Mr. Ryskulov Aidar Kairatovich - representative of the Shareholder - Samruk-Kazyna JSC;

- Mr. Taubayev Bakhytzhan Ryspekovich - representative of the Shareholder - Samruk-Kazyna JSC;

- Mr. Abdrazakov Yeldar Sovetovich - Independent Director of Air Astana JSC;

- Mr. Assanov Diyas Rakhimzhanovich - Independent Director of Air Astana JSC;

- Mr. Garry Robert Kingshott - Independent Director of Air Astana JSC;

- Mrs. Janet Ellen Heckman - Independent Director of Air Astana JSC;

- Mr. Keith Gaebel - Independent Director of Air Astana JSC;

- Mr. Peter William Foster - Chief Executive Officer of Air Astana JSC (until 31 March 2026);

- Mr. Ibrahim Canliel - Chief Executive Officer of Air Astana JSC (from 01 April 2026).

4.   To elect Mr. Zhakupov Nurlan Karshagovich as the Chairman of the Board of Directors of Air Astana JSC for the term until the next election of the Board of Directors of Air Astana JSC by the General Meeting of Shareholders of Air Astana JSC.

5.   To approve amount and terms of remuneration and compensations to the Independent Directors of Air Astana JSC. To determine that this resolution shall apply to legal relations arising from 1 January 2025 in connection with the payment of remuneration and compensation to the Independent Directors of Air Astana JSC.

For further information, please contact:

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About the Air Astana Group

Air Astana Group is the largest airline group in Central Asia and the Caucasus regions by revenue and fleet size. The Group operates a fleet of 62 aircraft split between Air Astana, its full-service airline that operated its inaugural flight in 2002, and FlyArystan, its low-cost airline established in 2019. The Group provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, regional and international routes across Central Asia, the Caucasus, the Far East, the Middle East, India and Europe. Air Astana has been recognised by SkyTrax as the Best Airline in Central Asia & CIS fourteen years running and received the Best Airline Staff Service in Central Asia & CIS award nine times in a row. FlyArystan was recognised as the Best Low-Cost Carrier (LCC) in Central Asia & CIS at the SkyTrax awards three times. Additionally, Air Astana was awarded a five-star rating in the major airline category by the Airline Passenger Experience Association (APEX). The Group is listed on the Kazakhstan Stock Exchange, Astana International Exchange and London Stock Exchange (ticker symbol: AIRA).

 

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