1 CONFIDENTIAL Acquisition and greenfield investment opportunities in agriculture and food processing industry in Kazakhstan October 2015 This Presentation does not constitute an offer or invitation to the public in any jurisdiction to purchase any shares or assets of any Company, and does not constitute or form any part of any offer or invitation to purchase shares, nor shall it or any part of it form the basis of, or be relied upon, in any way in connection with any contract or investment decision relating to any shares. Information contained herein should be treated as confidential. Copying or distributing without prior written consent from Kaznex Invest is prohibited.  Vast farmland areas  Agriculture with a potential to increase efficiency  Market potential for processed food  Significant market consolidation potential Market value rangeSectors Best locations Agriculture Meat and dairy Poultry Confectionery Aquaculture

2 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Phase-1 and Phase-2 of existing livestock farm expansion planning Project profitability for the period of 7 years (in th. USD) Project profitability Project cost: USD 5-15 mln. Location: Akmola region, Abylaikhan and Madeniyet farms Implementation period: 2016 Project scope: Acquisition of 700 breeding heifers (in addition to the existing 400 heads) to be grazed on free pasture land owned by the Company. The purpose of the breeding stock is to utilize free pasture and continuously supply bulls to the Freeyard. The second part consists of construction of specialized head capacity, semi- open type, Freeyard (also known as Feedlot) for industrial fattening of young bulls and accumulation of subsidiaries. Finished product: Meat and meat products Production capacity: heads of cattle, thousand of tons of meat in liveweight per annum Potential markets: local market of Kazakhstan, Eurasian union, China Provision of land and premises: initiator owns ha of pasture lands and natural hay lands mostly situated on 3 farms that currently grazes only 400 heads of cattle, 250 heads of horse and heads of sheep Required financing: USD 8,9 mln. Required investor type: IndicatorYear 1Year 2Year 3Year 4Year 5Year 6Year 7 Revenue COGS Taxes Net profit Payback Period 3,8 years Payback Period disc. 4,1 years Project capex USD 8,9 mln. Project NPV (7 years) USD 32 mln. Project IRR 10% Company name Esil Agro Holding Year of establishment 2004 Presence on the market: 2004 Developed brands: “Aina” Current operation: Production of dairy and poultry, and production of agricultural commodity of grain Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Esil Agro Holding

3 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Phase-1 and Phase-2 of new broiler farm establishment Project profitability for the period of 8 years (in th. USD) Project profitability Project cost: USD 5-15 mln. Location: Akmola region Implementation period: 2016 Project scope: Phase-1 of the project involves construction of 12 industrial poultry houses, to produce tons of chicken meat per annum. Phase-2 consists of construction of the remaining 4 poultry houses ( tons), upon receiving the investment cash-back money from the Government. Finished product: Poultry meat and eggs Production capacity: up to 3,8 thousand tons of chicken meat annually Potential markets: local market of Kazakhstan, Eurasian union, China Provision of land and premises: initiator owns a land of ha under management, of which ha is arable land with potential expansion of another of ha. Other assets include dairy farm complex, milk processing plant, livestock and ha of pasture, as well as wholesale network with 3 branded shops sufficient enough to distribute company’s food products. Required financing: USD 11,7 mln. Required investor type: IndicatorYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8 Revenue COGS Taxes Net profit Payback Period 4,5 years Payback Period disc. 4,8 years Project capex USD 11,7 mln. Project NPV (10 years) USD 1,8 mln. Project IRR 14% Company name Esil Agro Holding Year of establishment 2004 Presence on the market: 2004 Developed brands: “Aina” Current operation: Production of dairy and poultry, and production of agricultural commodity of grain Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Esil Agro Holding

4 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Phase-1 and Phase-2 of existing Dairy Farm with heads of cows Expansion planning Project profitability for the period of 8 years (in th. USD) Project profitability Project cost: USD 5-15 mln. Location: Akmola region Implementation period: 2016 Project scope: Phase-1 of Milk division consists of an import of 500 heifers from Ukraine as to bring the existing farm to its full capacity. Phase-2 consists of constructing additional 600 heads capacity extension of the existing dairy farm (to reach new installed capacity of dairy cow heads) and import of 600 heifers in the following years. Finished product: Milk Production capacity: heads of cattle, 10.5 mln liters of raw milk per annum Potential markets: local market of Kazakhstan, Eurasian union Provision of land and premises: initiator owns a dairy farm complex with installed dairy cow capacity of head of cows. The farm currently houses only 688 dairy cows and 500 calves. The farm produces raw milk, livestock (calves and bulls), as well as organic fertilizers Required financing: USD 9,3 mln. Required investor type: IndicatorYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8 Revenue COGS Taxes Net profit Payback Period 3,3 years Payback Period disc. 4 years Project capex USD 9,3 mln. Project NPV (8 years) USD 4,5 mln. Project IRR 26% Company name Esil Agro Holding Year of establishment 2004 Presence on the market: 2004 Developed brands: “Aina” Current operation: Production of dairy and poultry, and production of agricultural commodity of grain Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Esil Agro Holding

5 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Establishment of new dairy farm Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 0-5 mln. Location: Aktobe region, Kargaly region, Kosistek village Implementation period: Project scope: to invest in the organization of milk based farm, which will help to eradicate the problem of quality of milk products and resolve food security issue in the Aktobe region, by the means pf providing quality dairy products for the population of the region Finished product: Packaged meat products and milk products Production capacity: up to 50 tones of milk and tones of meat Potential markets: Primarily domestic market Provision of land and premises: initiator of project owns 1,500 m square farm complex, which consists of 2 bedroom house for the employees, food warehouses, stables for animals and main office building. Additionally the initiator of the project owns 765 hectares of pasture land. Raw materials are not outsourced but produced internally within the premises of the farm Required financing: USD 0,45 mln. Required investor type: Discount factor 4% Payback Period 2,2 years Payback Period disc. 3,2 years Project capex USD 0,45 mln. Project NPV (10 years) USD 0,55 mln. Project IRR 29% Company name “Janaturmys” Farm Cooperative Year of establishment 2002 Presence on the market: 2002 Current operation: Production of dairy and meat products, and production of agricultural commodity of fodder Project initiator Project profitability ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Almaty Region, Karatal District, Ushtobe City, 3 Suyunbay street Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit

6 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Construction of the plant on white mushroom (champignon) production Project profitability for the period of 5 years (in th. USD) Project profitability Project cost: USD 0-5 mln. Location: North-Kazakhstan region, Petropavlovsk city Implementation period: 2016 Project scope: Construction of the plant on white mushroom (champignon) production with full production cycle of compost preparation, mushroom cultivation, with following processing. Finished product: white mushroom (champignon) Production capacity: tones per year Potential markets: domestic market of Kazakhstan Provision of land and premises: initiator owns the land in the acreage of 3,97 ha, necessary for the production objects and availability of required infrastructure, as well as preliminary contract agreements with equipment suppliers. Required financing: USD 2,2 mln. Required investor type: IndicatorYear 2Year 3Year 4Year 5 Revenue COGS Taxes Net profit Payback Period 2,2 years Payback Period disc. 5,3 years Project capex USD 2,2 mln. Project NPV (7 years) USD 0,5 mln. Project IRR 33% Company name «Gribnoi mir» LLP Year of establishment 2014 Presence on the market: 2015 Current operation: Project initiators are building the infrastructure with own financing Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: «Gribnoi mir» LLP

7 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact “Enbek” Farm Cooperative meat and milk producer from horse and goat Project profitability for the period of 7 years (in mln. USD) Project profitability Project cost: USD 5-15 mln. Location: Akmola region, Stepnogorsk town Implementation period: 2016 Project scope: production of meat and dairy products from horse and goat domestic animals. Currently the farm cooperative produces 290 tones of horse milk, 1000 tones of goat milk, 75 tones of horse meat and 53 tones of goat meat. Finished product: Packaged horse meat and milk; packaged goat meat and milk Production capacity: 290 tones of horse milk; 1000 tones of goat milk; 75 tones of horse meat and 53 tones of goat meat p/a. Potential markets: Primarily domestic market Provision of land and premises: initiator of the project owns 560 hectares of farm facilities. The local governing body provides 8300 hectares of pasture land for the needs of the project. the farm owns 560 hectares of pasture land. The local municipality provides additional 8300 hectares of land for the needs of the project. Required financing: USD 4,5 mln. Required investor type: ROE 16% Payback Period 2,5 years Payback Period disc. 2,9 years Project capex USD 3,3 mln. Project IRR 30% Company name «Enbek» Farm Cooperative Year of establishment 2011 Presence on the market: 2011 Current operation: production of meat and dairy products from horse and goat domestic animals. Project documentation is being developed for the project Project initiator Project profitability ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: «Enbek» Farm Cooperative Akmola region, Stepnogorsk town IndicatorYear 2Year 3Year 4Year 5Year 6Year 7 Revenue2,22,83,13,23,94,0 Gross Profit0,72,22,52,63,3

8 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Establishment of the Dairy Farm with 600 heads of cows and modernization of the existing dairy plant for the production of European quality cheeses Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 5-15 mln. Location: Almaty region, Raimbek District, Kegen village Implementation period: 2016 Project scope: production of hard and soft types of cheese as well as dietary products for children and adults. This project is intended to ensure food security of the Almaty region and Almaty city with the management of the entire chain of production from livestock fodder to finished packaged products for retail Finished product: Chesses Production capacity: up to tons of cheese (hard, ricotta, mozzarella and albumin cottage cheese ) annually Potential markets: local market of Kazakhstan, Eurasian union, China Provision of land and premises: initiator owns 2,064 hectares of agricultural lands for fodder farming, including 500 hectares of non-irrigated arable land, 384 hectares of hayfields and 1180 hectares of pastures. There is fully equipped 1000 sq.m. of processing facilities and 250 sq.m. food warehouses Required financing: USD 1,5 mln. Required investor type: IndicatorYear 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit WACC 6,89% Payback Period 4,1 years Payback Period disc. 4,5 years Project capex USD 8,9 mln. Project NPV (10 years) USD 32 mln. Project IRR 37,35% Company name «ASU LTD» LLP Year of establishment 2004 Presence on the market: 2006 Developed brands: «Live», «Protonic», «Ace» and «Altyn Kese (Golden Cup)" Total fixed assets: USD 7 mln Current operation: Company had temporally stopped its operations due to absence of required financing resources Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: ASU Ltd

9 CONFIDENTIAL Nurzhan Dosbayev, Veronika Yun KAZNEX INVEST, JSC (int. 1119, 1124) Project information Contact Establishing Dairy farm Project profitability for the period of 5 years (in USD) Project profitability Project cost: USD 0-5 mln. Location: Almaty region, Yeskeldi District, Baktibay village Implementation period: Project scope: Horse breeding and Mare’s milk farm. This project is intended to ensure food security of the Almaty region. Finished product: Kumis, horse meet Production capacity: 45 tons of horse meet, liters of mare’s milk Potential markets: local market of Kazakhstan, and CIS countries Provision of land and premises: Initiator owns 700 head cattle base, 100 hectares of land, agricultural complex with water, electricity, heating infrastructure, roads and farm machinery. Raw materials of cattle fodder will be bought from local farms. Required financing: USD 0,9 mln. Required investor type: Discount factor 8% Project ROI 41,0% Payback Period 3,7 years Project capex USD Project NPV USD Project IRR 20,5% Company name Uştöbe-Aydin LLP Year of establishment 2002 Presence on the market: 2002 Current operation: Agricultural complex on production of dairy products Project initiator Project profitability Contact information Project initiator’s contacts: Almaty Region, Yeskeldi district Uştöbe-Aydin LLP ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Year 1Year 2Year 3Year 4Year 5Total Sales COGS EBITDA Interest & depreciation Taxes Net profit

1010 CONFIDENTIAL Nurzhan Dosbayev, Veronika Yun KAZNEX INVEST, JSC (int. 1119, 1124) Project information Contact Establishing agricultural farm on Jerusalem Artichoke cultivation Project profitability for the period of 5 years (in USD) Project profitability Project cost: USD 0-5 mln. Location: Eastern-Kazakhstan Region, Bistruha and Menovnoe villages Implementation period: Project scope: Creation of a modern agricultural holding for breeding and deep processing of Jerusalem artichoke Finished product: Jerusalem artichoke Production capacity: tonnes of Jerusalem Artochoke in various forms Potential markets: Kazakhstan and CIS countries Provision of land and premises: The company owns 350 hectares of pasture land, building and farm machinery Required financing: USD 1,6 mln. Required investor type: Discount factor 8% Project ROI 14% Payback Period 3 years Project capex 1.6 mln USD Project NPV 1.25 mln USD Project IRR 36,5% Company name Zelenstroy.kz LLP Year of establishment 2010 Presence on the market: 2015 Current operation: Agricultural complex on Jerusalem Artichoke ciltiation Project initiator Project profitability Contact information Project initiator’s contacts: Zelenstroy.kz LLP Eastern-Kazakhstan Region, Bistruha and Menovnoe villages ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other In USD thousands Year 1Year 2Year 3Year 4Year 5Total Sales COGS EBITDA Interest, depreciation and other Taxes Net profit

1 CONFIDENTIAL Nurzhan Dosbayev, Veronika Yun KAZNEX INVEST, JSC (int. 1119, 1124) Project information Contact Establishing a modern agricultural complex Project profitability for the period of 5 years (in th. USD) Project profitability Project cost: USD mln. Location: Almaty region Implementation period: Project scope: Construction of a modern agricultural complex Finished product: Horse, cattle, sheep, pig, chicken meet, poultry, milk and milk products, cattle fodder. Production capacity: heads of cattle, heads of sheep, heads of pigs, 1000 heads of horse, heads of chicken, heads of broiler chicken Potential markets: Kazakhstan and CIS countries Provision of land and premises: The company owns land spot for the construction of the plant. Permissions had been granted on infrastructure. The project development team is completed. Required financing: USD 95,5 mln. Required investor type: Discount factor 10% Project ROI 28% Payback Period 5 years Project capex 95.5 mln USD Project NPV 92.5 mln USD Project IRR 25% Company name Almaty Engineering LLP Year of establishment 2004 Presence on the market: 2004 Current operation: Agricultural complex on farm engineering services Project initiator Project profitability Contact information Project initiator’s contacts: Almaty Engineering LLP ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other In USD thousands Year 1Year 2Year 3Year 4Year 5Total Sales COGS EBITDA Interest, depreciation and other Taxes Net profit

1212 CONFIDENTIAL Nurzhan Dosbayev, Veronika Yun KAZNEX INVEST, JSC (int. 1119, 1124) Project information Contact Establishing Wheat Starch and Gluten Plant Project profitability for the period of 5 years (in th. USD) Project profitability Project cost: USD mln. Location: Almaty region, Yeskeldi District, Baktibay village Implementation period: Project scope: Construction of a modern wheat starch and gluten plant in Kazakhstan’s Kostanai Region. Being located in the center of wheat harvesting region, the project gains advantage from wheat harvesting farm proximity. Finished product: Gluten, wheat starch, cattle fodder. Production capacity: Gluten – t/year, wheat starch – t/year, cattle fodder – t/year Potential markets: USA, Mexico, Holland, Kazakhstan and CIS countries Provision of land and premises: The company owns land spot for the construction of the plant. Permissions had been granted on infrastructure. The project development team is completed. Required financing: USD 45,5 mln. Required investor type: Project capex 45,5 mln USD Project IRR 25% Company name AL-BM LLP Year of establishment 2002 Presence on the market: 2002 Current operation: Agricultural complex on production of wheat starch and gluten located in Kostanai Region, Zarechnyi village Project initiator Project profitability Contact information Project initiator’s contacts: AL-BM LLP Kazakhstan, Kostanay City, 71 Mailin street ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other In USD thousands Year 1Year 2Year 3Year 4Year 5Total Sales COGS EBITDA Interest, depreciation and other Taxes Net profit

1313 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Establishment of the dairy farm on goat milk production Project profitability for the period of 8 years (in th. USD) Project profitability Project cost: USD 0-5 mln. Location: West-Kazakhstan region, Zelenovsky district, Shapovo village Implementation period: 2016 Project scope: construction of the Dairy farm on goat milk production with its further processing and production of goat cheese Finished product: Goat milk and cheese Production capacity: 750 heads of goats and liters of goat milk per annum Potential markets: local market of Kazakhstan, Russia Provision of land and premises: initiator owns a dairy farm complex with installed space of sq. m., production building of 450 sq. m. necessary agricultural equipment, as well as completed warehouse for ready products. Required financing: USD 0,2 mln. Required investor type: IndicatorYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8 Revenue COGS Taxes6,3 15,2 35,191,5 98,5 Net profit56,7 136,8315,9823,5 924,5 ROI 84% ROE 41% Payback Period 2,3 years Project capex USD 0,2 mln. Project NPV (8 years) USD 0,16 mln. Project IRR 46,6% Company name Bisekesh farm cooperative Year of establishment 2013 Presence on the market: 2013 Developed brands: Current operation: Production of dairy products Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Bisekesh farm cooperative Bisekesh Beibit

1414 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Establishment of the fish processing plant Project profitability for the period of 7 years (in th. USD) Project profitability Project cost: USD 0-5 mln. Location: Mangistau region, Aktau city Implementation period: 2016 Project scope: construction of the fish processing plant on the production of the processed Caspian sea anchovies Finished product: Anchovies Production capacity: tons of anchovies per annum Potential markets: local market of Kazakhstan, Russia Provision of land and premises: initiator is in a process of receiving land and premises required for further project implementation. Required financing: USD 1,5 mln. Required investor type: IndicatorYear 2Year 3Year 4Year 5Year 6Year 7 Revenue COGS Taxes 4747,754,261,369,177,3 Net profit PI 2,4 Payback Period 1,2years Project capex USD 1,5 mln. Project NPV (7 years) USD 2,6 mln. Project IRR 12 % Company name Mayor’s office of Mangistau region Year of establishment 2015 Presence on the market: 2015 Current operation: This is a greenfield project, therefore no operations are currently undertaken Project initiator Project profitability ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Mayor’s office of Mangistau region

1515 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Establishment of a slaughterhouse and a feedlot with further production of meat products Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD mln. Location: East-Kazakhstan region, Ayagoz town, Mamyrsu village Implementation period: 2016 Project scope: Establishment of the meat factory on production of freshly cold lamb with the slaughterhouse capacity of heads of sheep and 200 heads of cattle per shift as well as further processing of leftovers into tankage Finished product: meat products and tankage Production capacity: 7,6 thousand of tons of meat annually Potential markets: local market of Kazakhstan, Eurasian union, Middle east and China Provision of land and premises: initiator owns 52 hectares of agricultural lands available for the construction. Availability of project documentation for the required infrastructure of electricity and water. Availability of contract agreements with technology and equipment suppliers Required financing: USD 14 mln. Required investor type: Company name Eurasia Agroholding LLP Year of establishment 1994 Presence on the market: 1994 Current operation: Production and distribution of meat products, animal (sheep) breeding Project initiator Project profitability ☑ Equity ☑ Debt ☑ Technology transfer ☐ Other Contact information Project initiator’s contacts: Eurasia Agroholding LLP As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request Payback Period 4,5 years Payback Period disc. 4,7 years Project capex USD 14 mln. Project IRR 20,86%

1616 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Establishment of the modern factory on production of instant food in Special Economic Zone Project profitability Project cost: USD mln. Location: Astana city, Special Economic Zone “Astana – new city” Implementation period: Project scope: Establishment of the modern factory on production of instant food in Special Economic Zone. Among the main division of the factory will be instant noodles, confectionery, spices, instant tea and coffee, etc. Finished product: Instant noodles, confectionery, spices, instant tea and coffee Production capacity: 18,2 thousand of tons annually Potential markets: local market of Kazakhstan, Eurasian union, and China Provision of land and premises: Availability of land and premises required for the project as well as documentation for the required infrastructure of electricity and water. Availability of contract agreements with technology and equipment suppliers Required financing: USD 14,3 mln. Required investor type: Company name Kazbrand LLP Year of establishment 2001 Presence on the market: 2001 Current operation: Production and export of wheat and flour from Kazakhstan to neighboring countries Project initiator Project profitability ☑ Equity ☑ Debt ☑ Technology transfer ☐ Other Contact information Project initiator’s contacts: Kazbrand LLP As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request Project IRR 31,8% Payback Period 3,2 years Project capex USD 9,82 mln. Project NPV USD 24,7 mln.

1717 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Construction of Greenhouse Complex with annual capacity of 300 tones Project profitability for the period of 7 years (in th. USD) Project profitability Project cost: USD 2,7 - 3mln. Location: Kostanai region, Lisakovsk town Implementation period: Project scope: Construction of greenhouse complex to raise quality vegetable products Production of high quality, competitive and export oriented product Provide Kostanai region oblast with quality products Finished product: Vegetable crops – tomatoes and cucumbers Production capacity: tones of crops per year Potential markets: Kostanai region, Kazakhstan and CIS countries Provision of land and premises: The company owns land spot for the construction of the greenhouse with the necessary infrastructure facilities Required financing: USD 2,4 mln. Required investor type: Payback Period 3,9 years Payback Period disc. 4,3 years Company nameGreen Island Kazakhstan LLC Year of establishment 2013 Presence on the market: 2015 Current operation: Greenhouse complex that raise vegetables with the highest quality Project initiator ☑ Equity ☑ Debt ☑ Technology transfer ☑ Other Contact information Project initiator’s contacts: «Green Island Kazakhstan» LLP As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request Project capex USD 2,4 mln. Project NPV (7 years) USD 1,9 mln. Project IRR 34% Project profitability

1818 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Construction of a Plant to Produce Safflower Oil Project profitability Project cost: USD 1,1 mln. Location: Kostanai region, Zhitikara village (Industrial Zone of Zhitikara) Implementation period: (6 years) Project scope: Construction of a plant that will produce the safflower oil with the cold pressing method Finished product: Safflower Oil and Oil Meal (processed safflower oil) Production capacity: 240,6 tones of Safflower Oil; 433,1 tones of Oil Meal per annum Potential markets: Local market; Russia Federation and China Provision of land and premises: The initiator owns 2 hectares of land in the industrial zone of Zhitikara Required financing: USD 0,9 mln. Required investor type: Company name “Kaz-IR Agro” LLC Year of establishment 2009 Presence on the market: Developed brand: 2009 “Safloria” Current operation: Economic feasibility study is being developed. Business plan is ready. Project initiator ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Zhambyl Region, Shu District, Birlik village As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request Project profitability Project ROE 18 % Payback Period 5,5 years Project capex 1,1 mln USD Project IRR 18 % Project profitability

1919 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Optimization of existing slaughterhouse and a feedlot complex with further production of meat products Project profitability Project cost: USD mln. Location: Pavlodar region, Ekibastuz district Implementation period: Project scope: Optimization of the meat factory on production of meat products with the capacity of heads of cattle and production of fodder Finished product: meat products and fodder Production capacity: heads of cattle, tons of fodder annually Potential markets: local market of Kazakhstan, Eurasian union Provision of land and premises: initiator owns necessary agricultural lands available for the construction. Availability of project documentation for the required infrastructure of electricity and water. Availability of contract agreements with technology and equipment suppliers Required financing: USD 189 mln. Required investor type: Project capex USD 180 mln. Project IRR 15,3% Company name EMPK LLP Year of establishment 2000 Presence on the market: 2000 Current operation: Production and distribution of meat products, animal (sheep) breeding, fodder production Project initiator Project profitability ☑ Equity ☑ Debt ☑ Technology transfer ☐ Other Contact information Project initiator EMPK LLP As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request

2020 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Construction of a Plant for Industrial Grain Processing Project profitability Project cost: USD 45,4 mln. Location: Kostanai region, Zarechnoe village Implementation period: (7-8 years) Project scope: Construction of a plant that will deal with the deep processing of grain into starch, gluten and condensed fodder for domestic animals Finished product: Grain starch, grain gluten and condensed forms of fodder Production capacity: 4500 tones of gluten at 8% concentration; tones of starch type A with humidity level at 10%; tones of dry fodder products with humidity level at 12,5% Potential markets: Local markets; Baltic states; Netherlands and Iran Provision of land and premises: A land of 2 hectares has been provided by the local government for the purposes of construction of the plant Required financing: USD 45,4 mln. Required investor type: Company name “Al Rudan” LLC Year of establishment 2001 Presence on the market: Developed brands: 2001 “Rudan” Current operation: Business plan is being developed. Economic feasibility study is ready Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: “Al Rudan” LLC As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request Project profitability As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request Payback Period 7 years Project capex 20,4 mln USD Project IRR 25 % Project profitability

2121 CONFIDENTIAL Veronika Yun Manager at Sectorial department on agriculture and food processing, KAZNEX INVEST, JSC Mob: Project information Contact Modernization of existing confectionery factory Project profitability Project cost: USD mln. Location: Aktobe region, Aktobe city Implementation period: Project scope: Modernization of the existing plant through establishment of the modernly-automized factory of the production of the wide assortment of confectionery products. Finished product: Confectionery products Production capacity: tons annually Potential markets: local market of Kazakhstan, Russia Provision of land and premises: existing factory established in 1971, availability of additional land of 7,8 ha with all necessary infrastructure Required financing: USD 20 mln. Required investor type: Company name Aktobe confectionery factory Year of establishment 1971 Presence on the market: 1971 Current operation: Production of confectionery products Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Aktobe confectionery factory Project profitability Project capex USD 20 mln. ProjeIRR 26% Project profitability As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request