Stabilisation Notice

Summary by AI ^BETAClose X

JSC Development Bank of Kazakhstan announced that no stabilization was undertaken by the stabilization managers regarding the offer of its securities. The securities include USD Long-5-year FXD Senior Unsecured Notes and KZT 3yr FXD Senior Unsecured Notes, listed on Vienna MTF, AIX, and KASE. The aggregate nominal amount of the securities is USD 500 million and KZT 300 billion. The offer price for the USD notes was 98.852%, while the KZT notes were offered at 100.000%. J.P. Morgan Securities PLC acted as the stabilization coordinator, with Citi and Societe Generale as stabilization managers.

Disclaimer*

J.P. Morgan Securities PLC.

09 October 2025

9^th October 2025

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

JSC Development Bank of Kazakhstan

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 8^th October 2025, J.P. Morgan Securities PLC, (contact: Gavriel Shaya +44 207 134 2468) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Issuer:	JSC Development Bank of Kazakhstan
Guarantor (if any):	N/A
Aggregate nominal amount:	USD 500mm KZT 300bn
Description:	USD Long-5-year FXD Senior Unsecured Notes KZT 3yr FXD Senior Unsecured Notes Listing: Vienna MTF, AIX, KASE
Stabilisation Manager(s):	J.P. Morgan Securities PLC (Stabilisation coordinator) Citi (Stabilisation manager) Societe Generale (Stabilisation manager)
Offer price:	USD 98.852% KZT 100.000%

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction

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