Director Vyacheslav Kim Sells 56,634 Kaspi.kz ADS Shares in Multiple Transactions

This Form 4 filing reports that Vyacheslav Kim, a director of Joint Stock Co Kaspi.kz (KSPI), sold a total of 56,634 American Depositary Shares (ADS) representing common shares of the company. The sales occurred over two days in April 2026, with transactions executed at weighted average prices ranging from $83.926 to $89.29 per ADS. The sales were conducted in multiple transactions across different price ranges, with the largest single transaction involving 14,319 ADS sold at $88.548 per share. Following these disposals, Kim's remaining ownership stands at 39,048,160 ADS. The filing notes that as a foreign private issuer, Kaspi.kz's transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act. Each ADS represents one common share of the company.