Director Vyacheslav Kim's ADS Sales in Kaspi.kz

This Form 4 filing reports three separate sales of American Depositary Shares (ADS) by Vyacheslav Kim, a director of Joint Stock Co Kaspi.kz (KSPI). On April 6, 2026, Kim sold 19,057 ADS at a weighted average price of $75.425 and 204 ADS at $76.02. The following day, April 7, 2026, he sold an additional 1,798 ADS at a weighted average price of $75.021. Following these transactions, Kim's total holdings decreased to 39,402,338 ADS. Each ADS represents one common share of the issuer. The filing notes that due to Kaspi.kz's status as a foreign private issuer, Kim's transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act. The sales were executed through multiple transactions at varying prices within specified ranges, with the reporting person undertaking to provide detailed transaction information upon request.