Compliance systems

1. What is compliance?

Compliance is a system aimed at ensuring that an organization’s activities comply with applicable legislation, internal regulations, ethical standards, and anti-corruption requirements. This system strengthens the principles of openness, transparency, and integrity, helps prevent corruption risks, and increases employee accountability.

2. What are the main responsibilities of the Compliance Control Department of O‘ztransgaz?

The department’s key responsibilities include preventing corruption within the Company, identifying and eliminating conflicts of interest, strengthening internal control systems, and assessing corruption risks. In addition, the department monitors employees’ compliance with ethical standards and internal rules, organizes anti-corruption awareness activities, and promotes transparency in the Company’s operations.

3. What is a conflict of interest?

A conflict of interest is a situation in which an employee’s personal interests or circumstances related to close relatives may affect the objective, fair, and lawful performance of official duties. Such situations are regarded as corruption risks and therefore must be identified and prevented in a timely manner.

4. What should be done in case of a conflict of interest? If an employee faces or

anticipates a conflict of interest, they must immediately inform their direct supervisor or the Compliance Control Department. Concealing such circumstances or failing to report them in a timely manner is considered a violation of internal regulations.

5. Is it possible to submit an anonymous report about corruption cases?

Yes, the Company provides the opportunity to submit anonymous reports regarding corruption-related cases. All reports are reviewed confidentially in accordance with legal requirements, and the identity of the applicant is protected.

6. How can someone contact the Compliance Control Department?

The department can be contacted through the Company’s official website, email addresses, hotline numbers, or written applications. Citizens and employees may report corruption-related situations, conflicts of interest, or other violations through these communication channels.

7. Why are compliance inspections conducted?

Compliance inspections are carried out to ensure adherence to legal requirements, strengthen financial discipline, improve transparency in procurement processes, and reduce corruption risks. Appropriate corrective measures are taken to address any deficiencies identified during inspections.

8. How does the Compliance Department participate in public procurement?

The department participates in identifying conflicts of interest in public procurement processes, monitoring the legality and transparency of procurements, and assessing corruption risks. In addition, due diligence checks are conducted on contractors and suppliers participating in procurement activities.

9. Does the Compliance Department conduct checks on counterparties?

Yes, counterparties and suppliers cooperating with the Company undergo compliance checks. These checks include reviewing their presence on sanctions lists, negative reputation, conflict-of-interest connections, and other corruption risk factors.

10. Are anti-corruption trainings organized for employees?

Yes, seminars, training sessions, and awareness activities are regularly organized within the Company’s system to improve employees’ legal awareness. These activities provide knowledge on anti-corruption legislation, ethical standards, and integrity principles.

11. What liability exists for violating the compliance policy?

Individuals who violate compliance policy requirements may face disciplinary, financial, or other forms of liability depending on the severity of the violation. Where necessary, materials may be forwarded to law enforcement authorities.

12. What does the principle of “zero tolerance toward corruption” mean?

This principle means the strict rejection of any form of corruption, prohibition of obtaining unlawful benefits, and strict adherence to the principles of honesty and fairness in professional activities. This approach contributes to creating a healthy corporate environment within the Company.

13. Why is the compliance system important?

A compliance system plays an important role in preventing legal violations, reducing financial and reputational risks, increasing the confidence of investors and partners, and ensuring effective corporate governance.

14. What anti-corruption principles are applied in O‘ztransgaz?

The Company prioritizes the principles of legality, openness, transparency, impartiality, inevitability of responsibility, integrity, and professional ethics. All employees are required to strictly comply with these principles.

15. What is the main goal of the Compliance Control Department?