Certain Common Shares of Joint Stock Company Kaspi.kz are subject to a Lock-Up Agreement Ending on 17-JUL-2024. These Common Shares will be under lockup for 181 days starting from 18-JAN-2024 to 17-JUL-2024.

Details:
The Selling Shareholders, our executive officers and members of our board of directors have agreed with Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc., as representatives of the several underwriters, subject to certain exceptions, not to sell or dispose of any of the ADSs or securities convertible into or exchangeable or exercisable for the ADSs until 180 days after the date of this prospectus.