ULBA METALLURGICAL PLANT JSC
One of the worldwide recognized producers of Uranium, Beryllium, Tantalum and Niobium products. The company is incorporated into the National Atomic Company “Kazatomprom” To the future with us!
Board Resolutions
2019
Sixty-three (63) meetings of the Executive Board (16 in absentia) were held and resolutions on 502 issues were made in 2019 as follows:
- Review of UMP JSC Charter as amended;
- Organizational issues of UMP JSC affiliates;
- Review and approval of UMP JSC internal documents;
- Review of the reports on risk management and compliance;
- Review of the Committee risks report;
- Defining UMP JSC position as one of the shareholders of Volkovgeology JSC for voting at the meetings of shareholders;
- Welfare assistance to the employees;
- 243 transactions of UMP JSC interest.
2020
Forty nine (49) meetings of the Executive Board (4 in absentia) were held and resolutions on 457 issues were made in 2020 as follows:
- Organizational issues of UMP JSC affiliates;
- Review and approval of UMP JSC internal documents;
- Review of the risk register, risk map, risk-appetite and reports on the risk management at UMP JSC;
- Defining UMP JSC position as one of the shareholders of Volkovgeology JSC for voting at the meetings of shareholders;
- Welfare assistance to the employees;
- 244 transactions of UMP JSC interest;
- Review of the «Report on the management system analysis results for 2019»;
- Approval of the investments decisions;
- Review of key effectiveness indicators map of the UMP JSC top managers who do no act as UMP JHSC Board members for 2020 and bonus payment based on the year results;
- Approval of UMP JSC Board work schedule for 2021.
2021
In 2021, 52 (10 in absentia) meetings of the Board were held where 461 issues were reviewed and decisions were made, including:
- organizational issues of UMP JSC subsidiaries;
- review and approval of internal UMP JSC documents;
- review of UMP JSC risk register, risk map, risk appetite and risk management reports;
- review of Report on Management System Analytical Results 2020;
- review of Key Performance Indicators (KPIs) Map of UMP JSC Chairman and members of Executive Board for 2021;
- approval of KPI Map of UMP JSC top managers who are not the members of UMP JSC Executive Board for 2021;
- review of the annual audited consolidated financial statements of UMP JSC for 2020;
- providing financial assistance to employees;
- making investment decisions;
- approval of Work Plan of UMP JSC Executive Board for 2022 and review of the Work Plan of the Board of Directors;
- 237 transactions of UMP JSC interest.
