On the election of an independent director

On February 8, 2017, by the decision of the Shareholder of the Problem Loans Fund JSC, an independent director was elected - member of the Board of Directors of the Fund Musaeva Gulbanu Serikhazhievna.

Composition of the Board of Directors of the Problem Credit Fund JSC is:

• Oleg Smolyakov - Chairman of the Board of Directors;
• Raeva Roza Elizbaevna - Member of the Board of Directors;
• Musaeva Gulbanu Serikhazhievna - Independent Director.