Sustainability Report: Aspect G

Markets and Competition

Management Approach

GRI 3-3

The management of anti-competitive behavior at Kazakhtelecom JSC involves a combination of legal, ethical, and strategic measures. One of the fundamental legislative acts followed by the Company is the Law of the Republic of Kazakhstan “On Natural Monopolies.”

The Company is included in the national section of the State Register of Entities of Natural Monopolies and performs the functions of a “universal service” operator, which subjects its activities to state regulation.

The antimonopoly regulation of Kazakhtelecom JSC’s activities is overseen by the authorized body for natural monopolies in the telecommunications sector — the Committee for State Control in the Sphere of Communications, Informatization and Mass Media under the Ministry of Information and Communications of the Republic of Kazakhstan. The authority for competition protection with respect to Kazakhtelecom JSC is exercised by the Committee for Regulation of Natural Monopolies, Protection of Competition and Consumer Rights under the Ministry of National Economy of the Republic of Kazakhstan.

GRI 2-27, 206-1

During the reporting period, the Company did not record any cases related to violations of antimonopoly legislation or other legal actions against the Company in connection with obstruction of competition.