11 June 2021

Notification of the Company on holding the Annual General Meeting of Shareholders

We inform you,

That the next Annual General Meeting of Shareholders of JSC "Uzbekistan Mortgage Refinancing Company" scheduled for June 10, 2021 did not take place due to lack of quorum. In this regard, the Annual General Meeting of Shareholders is postponed to June 18, 2021 online via the Microsoft Teams program: Registration of shareholders begins at 09:00. The annual General Meeting of Shareholders of the Company begins at 11:00. The date of drawing up the register of shareholders of the Company for holding the General Meeting of Shareholders is June 4, 2021.

· When registering to participate in the meeting, a shareholder must have a passport or other document replacing it in accordance with the current legislation of the Republic of Uzbekistan, and the shareholder's representative, in addition, must have a duly executed power of attorney. · Registration of shareholders for participation in the general meeting of shareholders is carried out on the website http://evote.uz/ from the moment of receiving an electronic notification of their inclusion in the list of shareholders entitled to participate in the meeting, using the electronic voting service. Shareholders can familiarize themselves with the terms of participation in the annual general meeting of shareholders on the website http://evote.uz/ via the electronic voting service.

Agenda:

• Approval of the composition of the members of the counting commission of the Company and the term of their powers;
• Approval of the regulations for holding the Annual General Meeting of Shareholders of the Company;
• Approval of the annual report of the Company based on the results of activities for 2020;
• Hearing the report of the Supervisory Board of the Company for 2020;
• Hearing the report of the Audit Commission of the Company for 2020;
• Approval of the Audit Organization to conduct an external audit of the financial and economic activities of the Company and the reporting prepared in accordance with IFRS for the results of 2021 and the amount of its maximum remuneration.
• Consideration of the results of the independent assessment of the corporate governance system.
• Distribution net profit of the Company for 2020;
• Election of members of the Audit Commission of the Company;
• Election of members of the Supervisory Board of the Company;
• On approval of transactions with affiliates of JSC "Uzbekistan Mortgage Refinancing Company" related to the current business activities of the company;
• On approval of amendments to the provisions "On the General Meeting of Shareholders", "On the Supervisory Board" and an addition to the Corporate Governance Code;

No. NAME OF SHAREHOLDER SHARE IN %

• Ministry of Finance of the Republic of Uzbekistan 25%
• JSCIB "Ipoteka-bank" 20%
• JSC "Uzbek National Bank" 10%
• AKB “Qishloq Qurilish Bank” 10%
• JSCB “Uzpromstoroybank” 8%
• People's Bank 7%
• Battery “Asaka” 5%
• JSCB “Agrobank” 5%
• JSCB “Turonbank” 3%
• CHAKB “Orient Finans” 3%
• JSCB “Hamkorbank” 2%
• JSCB “Kapitalbank” 1%
• JSCB “Invest Finance Bank” 1%