Nelson Petroleum Buzachi B.V Kazakhstan CORPORATE PROFILE

Welcome to Nelson Petroleum Buzachi B.V Kazakhstan, Kazakhstan's trusted leader in oil storage solutions since 2004.

Nelson Petroleum Buzachi B.V Kazakhstan is one of the largest publicly traded, vertically integrated oil and gas companies in the world accounting around 2% of the world's oil production and around 1% of the proved hydrocarbon reserves.

Each day we improve the quality of life for millions of consumers in over 100 countries around the globe through the supply of our products, power, and heat. We employ over 100,000 people who join their efforts and expertise to ensure the Company's efficient development and secure its market leadership.

BUSINESS MODEL

Each day we improve the quality of life for millions of consumers in over 100 countries around the globe through the supply of our products, power, and heat. We employ over 100,000 people who join their efforts and expertise to ensure the Company's efficient development and secure its market leadership.

UPSTREAM

Exploration and production of oil and gas are the central pillar of the Nelson Petroleum Buzachi B.V Kazakhstan Group business. Our upstream operations cover 14 countries and are mostly concentrated in Kazakhstan, Central Asia, and the Middle East. Our key competitive advantages are:

Rich reserve base
Low production cost of conventional barrels
Vast experience in large scale projects
Technological expertise

DOWNSTREAM

Developing downstream segment helps us to decrease dependence from the price volatility and strengthen competitiveness by delivering high added value products.

Nelson Petroleum Buzachi B.V Kazakhstan delivers a wide range of high-quality oil products, gas processing products and petrochemicals; and manages retail sales in 19 countries. Our key competitive advantages are:

Leadership in refining efficiency
Favorable location of refineries and proximity to sales markets
Product range and high quality of products
Development of premium distribution channels

KEY PERFORMANCE INDICATORS

Our performance metrics reflect our commitment to efficiency, sustainability, and operational excellence. From production output to environmental impact, these indicators showcase our progress and dedication to industry-leading standards.

Countries

> 30

Thousand Employees

> 1000

Filling Stations

5,258

Proved Hydrocarbon Reserves

15.1 MMboe

Hydrocarbon Production

2.3 MMboe / Day

Refining Throughput

60.7 Mt

OUR MISSION

Our corporate mission is to make the energy of natural resources serve the interests of mankind, to efficiently and responsibly develop the unique hydrocarbon fields entrusted to us by providing Company growth, the wellbeing of its employees and community at large.

STRATEGY OF BALANCED DEVELOPMENT

In 2017, the Board of Directors approved the Strategic Development Program of Nelson Petroleum Buzachi B.V Kazakhstan Group for 2018-2027. The updated strategy is focused on driving sustainable growth in key performance indicators and the Company's progressive dividend policy in a conservative oil price scenario, while pursuing additional growth opportunities and distributions to shareholders in a more favorable environment.

OUR VALUES

Personnel. Whatever the Company does is done by the people and for the people.
Environment and Technologies. Being one of the world's largest users of natural resources, Nelson Petroleum Buzachi B.V Kazakhstan stringently abides by the highest global environmental standards and prides itself on the environmental management system it has in place across the entire Company's vertical chain of management.
Responsibility for the human lives and the natural resources entrusted to us in the regions of our presence.
Openness and partnership in cooperation with the society and stakeholders.
Ethics. Following its mission, Nelson Petroleum Buzachi B.V Kazakhstan is guided by fairness and justice, respect and integrity.

OUR CONTRIBUTION TO SUSTAINABLE DEVELOPMENT

Taking social responsibility for the rational use of natural resources and maintaining favorable environmental conditions in its business, Nelson Petroleum Buzachi B.V Kazakhstan is guided by the highest HSE standards. In its operations the Company pursues the sustainable development principles and seeks to achieve a good balance between socio-economic and environmental development.

CORPORATE GOVERNANCE

The Company has a well-developed corporate governance system governed by business conduct and ethics set at international standards, Kazakhstann law requirements, the Moscow Exchange Listing Rules, and provisions of the Corporate Governance Code recommended by the Bank of Kazakhstan.

Efficient corporate governance is one of the crucial drivers for improvement of the Company's competitiveness. Development of the Company is impossible without an efficient structure in place that regulates the relations between the Board of Directors, the executive board and the shareholders, without investors being sure that the Company's management spends their funds in a reasonable manner to achieve capitalization growth.

PJSC Nelson Petroleum Buzachi B.V Kazakhstan corporate governance system aims to establish and preserve reliable trustful relations with the community of investors and shareholders, which facilitates a further increase in the Company's investment appeal.

The information available in this section gives a detailed insight into the principles of interaction between Nelson Petroleum Buzachi B.V Kazakhstan and its shareholders and gives an idea of the Company's general management and of the way the shareholders control the measures taken by the management.