Asset Portfolio

Kazakh operator for exploration, production, processing and transportation of hydrocarbons

67.42% of shares

Regions of presence:

Abay, Aktobe, Atyrau, Zhambyl, Zhetysu, West Kazakhstan region, Kostanay, Kyzylorda, Mangystau, Pavlodar, Turkestan, Ulytau regions, as well as in cities of republican significance and the capital city

Headcount:

www.kmg.kz
48,714

Kazakhstan's largest railway network operator

100% of shares

Regions of presence:

all regions

Headcount:

www.railways.kz
118,506

Kazakhstan’s operator for import-export of uranium, rare metals, nuclear fuel for nuclear power plants

62.99% of shares

Regions of presence:

Akmola, East Kazakhstan region, Kyzylorda, Turkestan region

Headcount:

www.kazatomprom.kz
16,945

Kazakhstan's largest diversified energy 
holding company

100% of shares

Regions of presence:

Almaty, East Kazakhstan region, Pavlodar, Turkestan, as well as in cities of republican significance and the capital city

12,740

Kazakhstan’s gas company operating along 
the entire chain from geological exploration 
and production to the sale of end products

100% of shares

Regions of presence:

Almaty, Aktobe, Atyrau, East Kazakhstan region, Zhambyl, West Kazakhstan region, Karaganda, Kostanay, Kyzylorda, Mangystau, Ulytau and Turkestan regions, as well as in cities of republican significance and the capital city

Headcount:

www.qazaqgaz.kz
13,520

Kazakhstan's largest telecommunications company, a national telecom operator

80.85% of shares

Regions of presence:

all regions

Headcount:

www.telecom.kz
20,349

System operator of the Unified Electric 
Power System of Kazakhstan

85% of shares

Regions of presence:

Abay, Akmola, Aktobe, Almaty, Atyrau, East Kazakhstan region, Zhambyl, Karaganda, Kostanay, Kyzylorda, Mangystau, Pavlodar, Turkestan regions

Headcount:

www.kegoc.kz
4,472

Kazakhstan's national postal operator providing a wide 
range of postal, financial, brokerage and agency services

100% of shares

Regions of presence:

all regions

Headcount:

www.qazpost.kz
16,548

Kazakhstan’s company for exploration, development, production, processing and sale 
of solid minerals

100% of shares

Regions of presence:

Republic of Kazakhstan

Headcount:

www.tks.kz
511

Kazakhstan’s company for the development 
and implementation of investment projects 
in the chemical industry

100% of shares

Regions of presence:

Akmola, Atyrau, Zhambyl regions

Headcount:

www.o-sk.kz
655

A Kazakh company responsible for the preparation of project documentation and coordination 
of the construction of nuclear power plants

www.knpp.kz

*Note: On December 30, 2025, Samruk-Kazyna JSC and the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan (KGIP MF RK) signed an agreement on the donation of 100% of the share in KNPP to state ownership. On December 31, 2025, the rights of possession and use of the state share of participation in KNPP were transferred to the Agency of the Republic of Kazakhstan for Atomic Energy by the Act of Acceptance and Transfer No. 11.

The list includes only large Portfolio Companies of the Fund and is not exhaustive