The HSES Committee is responsible for formulating and recommending to the Board a policy on health, safety and environmental issues related to the Group's operations, and will meet at least twice a year. In particular, the HSES Committee will focus on compliance with applicable standards to ensure that an effective system of health and safety and environmental standards, procedures and practices is in place at each of the Group's operations. The Group intends to engage specialists with appropriate technical expertise to be members of, or advise, the HSES Committee. The HSES Committee is also responsible for reviewing management's investigation of incidents or accidents that occur to assess whether policy improvements are required. While the HSES Committee is expected to make recommendations, the ultimate responsibility for establishing the Group's health, safety and enviro ment policy remains with the Board.

The HSES Committee is chaired by Dr. Johannes Sittard, and Mr. Eduard Utepov, Mr. Felix Vulis and Mr. Abdraman Ydilbayev are also members.