Asian Development Bank raised KZT 24.9 bn on KASE via subscription, by placing international bonds XS3171554333 (ASDBe22) at margin of 1.00 % APR

/KASE, September 9, 2025/ – On September 3, 2025 an initial offering of international bonds XS3171554333 (sector "securities of international financial organizations", ASDBe22; KZT 24,897,670,000; 09.09.25 – 23.05.29; actual/365) of the Asian Development Bank was conducted in the trading system of Kazakhstan Stock Exchange (KASE) by way of subscription to them. Below are the bid parameters and subscription results. Tengri Partners Investment Banking (Kazakhstan) JSC acted as the seller during the subscription to these bonds. BID PARAMETERS: ---------------------------------------------------------- ------------------- Number of participants: 6 Number of orders submitted (all / active ones), incl.: 6 / 6 – limit: 6 / 6 – market: 0 / 0 Volume of active orders*, mln tenge, incl.: 25,700.0 – limit: 25,700.0 – market: 0.0 Bid to ask: 103.2 % Rate of fixed margin on orders submitted, % 1.0000 (on all / active ones): ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. In the total volume of active orders, banks accounted for 42.8 %, other institutional investors – for 57.2 %. OFFERING RESULTS: ---------------------------------------------------------- ------------------- Volume of orders executed, bonds: 24,897,670,000 Volume of orders executed, KZT: 24,897,670,000.0 Number of orders executed: 6 Number of participants, whose orders 6 were executed: Volume of orders executed, % of plan: 100.0 Rate of fixed margin in executed orders, %: 1.0000 ------------------------------------------------------------------------------ In terms of the main categories of investors, 44.2 % of the total volume was purchased by banks, 55.8 % – by other institutional investors. According to the Central Securities Depository (Almaty), deals based on the results of subscription to said bonds have been settled by the time of publication of this information, the subscription has been completed. OFFERING TERMS: ------------------------------ ---------------- Subscription date: 03.09.25 Nominal placement volume, KZT: 24,897,670,000 Purchase order type: limit and market Order collection time: 09:30–12:00 Date and time of transactions: 03.09.25, 15:00 Date and time of settlements: 09.09.25, 09:30 ----------------------------------------------- [2025-09-09]