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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of February 10, 2021 No. PP-4986

About measures for investment attraction in further development of information technologies and communications

(as amended of the Resolution of the President of the Republic of Uzbekistan of 30.12.2022 No. PP-471)

For the purpose of investment attraction for the accelerated development of digital economy in the republic, stimulations of broad use of innovative technologies in economy industries, and also in pursuance of the tasks determined in Strategy "Digital Uzbekistan-2030":

1. Take into consideration that:

between the Government of the Republic of Uzbekistan and MegaFon public joint stock company (Russian Federation) (further - PJSC MegaFon) the Framework agreement on creation of Digital Holding joint business is signed;

PJSC MegaFon and YueSeM Telecom limited liability company found in the Russian Federation the company in the form of Didzhital Invest limited liability company (further - Didzhital Invest LLC).

2. Approve the Investment agreement concerning the project in the field of information technologies and telecommunications in the Republic of Uzbekistan (further - the Investment agreement) signed between the Government of the Republic of Uzbekistan on behalf of the Ministry of investments and foreign trade of the Republic of Uzbekistan and Didzhital Invest LLC, providing:

the organization of activities in the territory of the Republic of Uzbekistan of the Uzbek-Russian joint business "Digital Holding" in the form of limited liability company (further - JV Digital Holding LLC);

participation of the Agency on management of the state assets of the Republic of Uzbekistan in authorized capital of JV Digital Holding LLC from shares in the amount of 49 percent and Didzhital Invest LLC (Russian Federation) from shares in the amount of 51 percent;

transfer by the Agency on management of the state assets of the Republic of Uzbekistan of the state share in the amount of 100 percent in authorized capital of COSCOM LLC as contribution to authorized capital of JV Digital Holding LLC;

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