Declaration of Commitment

“State Development Bank of the Kyrgyz Republic” OJSC

to the principles of environmental, social, and corporate responsibility

“State Development Bank of the Kyrgyz Republic” OJSC (hereinafter referred to as the Development Bank), acting in accordance with the goals of diversifying and stimulating the economy of the Kyrgyz Republic, supporting the international commitments of the Kyrgyz Republic to achieve the Sustainable Development Goals, declares its commitment to the principles of environmental, social, and corporate responsibility (ESG) as an integral part of corporate culture, management system, and business practice, which form the basis for long-term development and confidence on the part of society, partners and investors.

The Development Bank believes that every person – irrespective of country, city, or small village – can contribute to the preservation of the environment, promoting sustainable economic growth and well-being of the society. Environmental sustainability, social responsibility, and good corporate governance are key development factors that underpin the Development Bank’s business strategy, investment activities, and business practices.

The Development Bank actively participates in promoting environmentally friendly and socially responsible projects, , and adheres to the standards and the principles of responsible banking by financing sustainable development projects.

The Development Bank believes that its commitment to the ESG principles and the sustainable development financing programs will help our customers and partner banks make responsible investment decisions and promote a culture of responsible environmental stewardship throughout the production chain.

The Development Bank will continue to responsibly implement “green office” standards and a culture of conscious production and consumption, strive to minimize its own impact on the environment through the rational use of resources, the energy efficiency, and the digitalization of processes, and continuously work to improve its practices in this area.

The Development Bank considers social sustainability – respect for human rights, the principles of equality, diversity and non-discrimination – as a key factor for long-term success and strives to ensure safe, fair and inclusive labor conditions for employees, as well as to develop human resources through training, mentoring and supporting for professional development.

The Development Bank consistently promotes a culture of honesty, integrity, and responsibility, considering corruption prevention as an integral part of sustainable development and confidence in its activities. The Bank adheres to a “zero tolerance” principle – a complete ban on the Bank’s employees and officers, as well as other persons acting on behalf of the Bank and (or) in its interests, directly or indirectly, personally or through any intermediary, to participate in corrupt practices, irrespective of the business practices accepted in a particular country.

The Development Bank will work responsibly with customers and all stakeholders, encourage and support the application of sustainable, socially oriented, and environmentally friendly business practices and management decisions that create common prosperity for current and future generations.

The Development Bank calls on partner banks, large businesses, other companies, and organizations to unite in a common desire to comply with the ESG principles and standards, expand the range of green and sustainable projects, products, and services as the basis for promising and long-term financial cooperation, and jointly create a clean, fair, efficient, sustainable, and prosperous world for everyone.