Director Vyacheslav Kim Sells 28,638 Kaspi.kz ADS Shares in April 2026

This Form 4 filing reports that Vyacheslav Kim, a director of Joint Stock Co Kaspi.kz (KSPI), sold 28,638 American Depositary Shares (ADS) over two days in April 2026. The transactions occurred on April 16-17, 2026, with prices ranging from $81.133 to $84.777 per ADS. The sales were executed in multiple transactions at weighted average prices, with detailed price ranges provided in footnotes. Following these sales, Kim's ownership position decreased to 39,259,148 ADS. The filing notes that as a foreign private issuer, Kaspi.kz's equity transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act. Each ADS represents one common share of the issuer.