Uchkun did not accept the CEO's report and replaced members of the board of directors

At the annual meeting of shareholders of OAO Uchkun held on 22 April, the CEO's report on financial and economic activities for 2024 was not approved. Despite this, other documents, including the annual balance sheet, auditor's report and auditor's opinion, were approved.

At the same time, the shareholders refused to approve the budget for the maintenance of the board of directors and the auditor for 2025. The candidates for the new auditor and reviser also did not receive the required number of votes. The issue of KPIs for employees and divisions of the company was removed from the agenda.

Later that day, an extraordinary meeting was held at which the shareholders terminated the powers of three members of the board of directors ahead of schedule. The new board members are Adilet Orozmatov, Taalaibek Sharsheev and Abdykadyr Sultanbaev.

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