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 Kazatomprom’s Ethics and Compliance Principles.
The meeting was held as part of Kazatomprom’s initiative to promote a culture of integrity, including the formation of anti-corruption norms within Kazakhstan’s business community.
As a public company with IPOs on the Astana International Stock Exchange and the London Stock Exchange, Kazatomprom adheres to international standards for public companies, systematically defines and monitors its strategy, strives to implement implements best practices in corporate governance and provides all stakeholders with equal access to information. Interaction with external audiences is particularly important in carrying out this work, including systematic work with the company’s main suppliers and contractors – seminars dedicated to Kazatomprom’s ethics and compliance principles are organized for them.
During the seminars, representatives of subcontractors receive information on the principles of the Code of Ethics for suppliers and subcontractors, procedures for reviewing the compliance of counterparties, anti-corruption measures taken at Kazatomprom and Kazatomprom’s values in terms of health and safety and ethical business conduct.
The Code of Ethics for Suppliers and Contractors has been implemented in the Kazatomprom Group of Companies since mid-2021 as an integral annex to supply contracts, as part of the general corporate policy of following global practices and as part of improving the performance of a public service. company.
During the meeting with representatives of KazAzot JSC, the parties discussed cooperation in terms of further development of the culture of integrity, discussed topical issues and proposed practical solutions.
For more information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, International Advisor, 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 visit the company’s website atwww.kazatomprom.kz
Kazatomprom is the world’s largest producer of uranium, with Company-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 mine uranium using ISR technology with an emphasis on maintaining industry-leading health, safety and environmental standards .
Kazatomprom’s securities are listed on the London Stock Exchange, the Astana International Stock Exchange and the Kazakhstan Stock Exchange. As the national atomic company of the Republic of Kazakhstan, the Group’s main customers are the operators of nuclear production capacities, and the main export markets for the Group’s products are China, South and East Asia. East, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as on the spot market, directly from its headquarters in Nur-Sultan.
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