Chapter 6. Liability
20.
The Bank shall be held liable for any breach of the Shareholders’ rights established by the Republic of
Kazakhstan law.
21.
When distributing dividends, the Bank shall follow the data received from the registers formed by CD,
including, but not limited to, the last name, given name and patronymic (if available)/company name of a
Shareholder and payment details provided by the Shareholder. Therefore, the Bank and CD shall not be responsible
for failure to distribute the dividends to the Shareholders on which there is no up-to-date payment details
information in CD shareholders registers system due to failure to provide and/or to update such information in full.
In case of failure to distribute the dividends within the period established for distribution thereof through
the fault of the Bank, a Shareholder shall be paid the primary dividend amount and a penalty calculated according to
the basic rate of the National Bank of the Republic of Kazakhstan as of the date of performance of the monetary
obligation or the appropriate part thereof.
22.
A report on compliance with this Policy shall be subject to a review by the Board of Directors at least
once a year, according to the procedure established by the appropriate by-laws of the Bank.
Chapter 7. Final Provisions
23.
If the procedure for resolution of an issue is not determined by this Policy, such issue shall be resolved
according to the Republic of Kazakhstan law and the by-laws of the Bank.
24.
The structure of this Policy is formed in accordance with the requirements of the by-laws of the Bank.
25.
This Policy shall be amended in accordance with the procedure provided by the appropriate by-laws of
the Bank regulating the matters of development, execution and approval of the by-laws of the Bank.
26.
The Bank shall publish the Policy in Russian, Kazakh and English on the corporate website at:
www.forte.kz.
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