Monthly NAV Update and Factsheet

The "National Investment Fund of the Republic of Uzbekistan" JSC

LEI: 254900QS7VSE8KIDBL52

Monthly NAV Update and Factsheet

London and Tashkent, 21 August 2026 - The "National Investment Fund of the Republic of Uzbekistan" JSC (the "Company" - LSE: UZNF, UZ20; RSE "Toshkent": UZNF) today announces that the monthly NAV report and factsheet as of 31 July 2026 are now available on the Company's website at https://www.uznif.com/en-uz/investor-relations.

As of 31 July 2026, the Company's NAV was UZS 31,631bn / USD 2.63bn, with NAV per ordinary share of UZS 6.2582 / USD 0.0005 and NAV per GDR calculated as USD 33.72.

The exchange rate used is the official exchange rate published by the Central Bank of Uzbekistan as of the reporting date.

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About UzNIF

The "National Investment Fund of the Republic of Uzbekistan" JSC ("UzNIF") was established pursuant to Presidential Decree RP-303 dated 27 August 2024 as part of Uzbekistan's economic reform programme, with a mandate to support the development of the country's capital markets, attract international investment and enhance the value of state-owned enterprises. UzNIF's investment objective is to maximise shareholder returns and net asset value per share through active ownership, improved governance and disciplined capital allocation. Its diversified portfolio comprises equity stakes ranging from 25% to 40% in 13 state-owned enterprises across sectors including transport, financial services, energy, utilities and telecommunications.

UzNIF is listed on the London Stock Exchange and the Republican Stock Exchange "Toshkent". FE "Franklin Templeton Asset Management" LLC, a Tashkent-based wholly owned indirect subsidiary of Franklin Resources, Inc., acts as trustee and fund manager of UzNIF.