JSC National Atomic Company "Kazatomprom" (“Kazatomprom” or “the Company”) reports that on July 19 the Company's compliance officers held a seminar for representatives of KazAzot JSC (one of the Company's suppliers) on the principles of ethics and compliance of Kazatomprom.
The meeting was held as part of Kazatomprom's initiative to promote a culture of integrity, including the formation of anti-corruption standards among Kazakhstan's business community.
As a public company that has carried out initial public offerings on the Astana International Exchange and London Stock Exchange, Kazatomprom complies with international standards for public companies, consistently outlines and follows its strategy, strives to implement best practices in corporate governance and provides all stakeholders with equal access to information. Of particular importance in carrying out this work is interaction with external audiences, including systematic work with the Company's major suppliers and contractors - seminars dedicated to the principles of Kazatomprom's ethics and compliance are held for them.
During the seminars, contractor representatives are provided with information on the principles of the Supplier and Contractor Code of Ethics, counterparty compliance review procedures, anti-corruption measures taken at Kazatomprom, and Kazatomprom's values in terms of health and safety and ethical business conduct.
The Supplier and Contractor Code of Ethics has been implemented in the Kazatomprom Group of Companies since mid-2021 as an integral annex to procurement contracts, as part of the Company's general policy to follow global practices and as an element of improving the performance of a public company.
During the meeting with representatives of KazAzot JSC, the parties discussed cooperation in terms of further development of the culture of integrity, considered topical issues and proposed practical solutions.
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, International Adviser, Investor Relations
Botagoz Muldagaliyeva, Director of Investor Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Gazhaiyp Kumisbek, Chief Expert of GR & PR Department
Tel: +7 (8) 7172 45 80 63
For more information, please see the Company website at www.kazatomprom.kz
Kazatomprom is the world's largest producer of uranium, with the Company’s attributable production representing approximately 24% of global primary uranium production in 2021. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 14 mining assets. All of the Company’s mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.
Kazatomprom securities are listed on the London Stock Exchange, Astana International Exchange, and Kazakhstan Stock Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan.
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