ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of October 29, 2025 No. 909

About entering of amendments into the order of the Government of the Republic of Kazakhstan of August 2, 2023 No. 632 "About approval of the list of the financial instruments permitted to acquisition at the expense of the pension assets of the single accumulation pension fund which are in trust management of National Bank of the Republic of Kazakhstan"

The government of the Republic of Kazakhstan DECIDES:

1. Bring in the order of the Government of the Republic of Kazakhstan of August 2, 2023 No. 632 "About approval of the list of the financial instruments permitted to acquisition at the expense of the pension assets of the single accumulation pension fund which are in trust management of National Bank of the Republic of Kazakhstan" the following amendments:

in the list of the financial instruments permitted to acquisition at the expense of the pension assets of the single accumulation pension fund which are in the trust management of National Bank of the Republic of Kazakhstan approved by the specified resolution:

add Item 1 with subitems 16), 17) and 18) of the following content:

"16) alternative tools;

17) shares and shares of the companies and partnership of special purpose (Special Purpose Vehicle);

18) provision of securities as a loan on the security of (Securities Lending).";

add Item 2 with the subitem 13) of the following content:

"13) provision of securities as a loan on the security of (Securities Lending).".

2. This resolution becomes effective after day of its first official publication.

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