Results of EGM

The “National Investment Fund of the Republic of Uzbekistan” JSC

LEI: 254900QS7VSE8KIDBL52

Results of EGM and Appointment of Independent Member of Supervisory Board

London and Tashkent, 16 September 2026 – The “National Investment Fund of the Republic of Uzbekistan” JSC (“UzNIF” or the “Company”) (LSE: UZNF, UZ20; RSE “Toshkent”: UZNF) today announces the results of its Extraordinary General Meeting of Shareholders (“EGM”) held on 16 September 2026.

The EGM was held in a hybrid format, with shareholders participating in person at the InterContinental Tashkent and remotely via the eVOTE platform.

As at the date of the EGM, the Company had 5,054,262,531,127 issued ordinary shares. Shareholders holding 4,332,380,063,118 votes, representing 85.72 % of the Company’s total voting rights, were registered to participate in the EGM. EGM was quorate.

The voting results were as follows:

A detailed report on the voting results will be made available in the EGM section of the Company’s website at https://www.uznif.com/en-uz/investor-relations/egm/september-2026.

In accordance with UKLR 14.3.6R, copies of all resolutions passed at the EGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Appointment of an Independent Member of the Supervisory Board

At the EGM, shareholders elected Mr Hugh van Cutsem as an independent member of the Supervisory Board of UzNIF for a three-year term commencing on 16 September 2026, in accordance with the Company’s Charter and internal documents.

Shareholders also approved the Regulations on Remuneration and Compensation of Independent Members of the Supervisory Board and the specific remuneration, expense reimbursement and other material contractual terms applicable to Mr Hugh van Cutsem. The EGM authorised FE “Franklin Templeton Asset Management” LLC, acting as Trustee of the Company and represented by its General Director, Mr Marius Dan, to finalise and sign the relevant agreement on behalf of the Company.

Mr van Cutsem brings extensive relevant experience in listed closed-end funds, capital raising, investor communications, non-executive oversight and board leadership. This includes his current role as Chairman of Kepler Partners LLP with previous relevant experience including Non-Executive Director of MIGO Opportunities Trust plc (formerly Miton Global Opportunities Trust plc) as well as senior roles at Smith’s Corporate Advisory and JP Morgan Cazenove.

Enquiries:

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.