CONCLUSION ON THE ASSESSMENT OF THE CORPORATE GOVERNANCE SYSTEM OF JSC «Kvarts» FOR 2017

Biznes Daily Birzha (Exchange) - - САВДОЛАР -

In order to fulfill the recommendations of the Corporate Governance Code, based on the decision of the Supervisory Council of JSC «Kvarts», the Company carried out an independent evaluation of corporate governance.

«ISHONCH LTD» LLC carried out an independent evaluation of the Company’s corporate governance system for 2017.

According to the results of the study of the corporate governance system of JSC «Kvarts», an opinion was given, according to which the Company received a “high” rating - (954 points or 80% according to the percentage scale). Also, the relevant recommendations were given to improve the corporate governance system in JSC «Kvarts»

It should be noted that an independent evaluation of the corporate governance system is based on a questionnaire approved the State Competition Committee Republic of Uzbekistan and the Scientific-educational Center of Corporate Governance.

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