The 2025 Annual Report and Financial Statements of JSC Kaspi.kz

Joint Stock Company Kaspi.kz ("Kaspi.kz", "we", or the "Company") hereby announces that the Company's 2025 Annual Report on Form 20-F and Financial Statements for the year ended December 31, 2025 are available on its IR website at https://ir.kaspi.kz/media/Form_20-F_2025.pdf and https://ir.kaspi.kz/media/FY_2025_Financial_Statements.pdf, respectively.

About Kaspi.kz

Kaspi.kz's mission is to improve people's lives by developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model - Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants.

Through these Super Apps consumers and merchants can access our leading Payments, Marketplace, and Fintech Platforms. All our services are designed to be highly relevant to users' everyday needs and enable consumers and merchants to connect and transact between themselves.

The combination of a large, highly engaged consumer and merchant base, best-in-class, highly relevant digital products and a capex lite approach, results in strong top-line growth, a profitable business model and enables us to continue innovating, delighting our users and fulfilling our mission.

In Türkiye Kaspi.kz owns an 85.17% stake in Hepsiburada, one of the country's leading e-commerce companies.

Harvard Business School has written two case studies on Kaspi.kz which it continues to teach to its MBA students.

Kaspi.kz has been listed on Nasdaq since January 2024.

For further information

David Ferguson, [email protected] +44 7427 751 275