Kazyna Capital Management JSC invested in Da Vinci Emerging Technologies-Fund III

In July 2021, Kazyna Capital Management JSC (a subsidiary of Baiterek NMH JSC), together with Samruk Kazyna Invest LLP and German DEG-Deutsche Investitions-und Entwicklungsgesellschaft Development Institute, became key investors of new Da Vinci Emerging Technologies-Fund III. Da Vinci Emerging Technologies-Fund III (hereinafter - the Fund) became the third in a series of Da Vinci Capital Funds specializing in investments in fast-growing CIS-focused technology companies in order to promote global technology transfer, ensure capital growth and create market leaders. In particular, the Fund will focus on investing in companies with high growth potential that develop and promote new technologies or improve existing ones in the area of software, digital transformation, including infrastructure, financial and telecommunications sectors. Da Vinci Capital Fund, the leading institutional investor in CIS countries, is the Fund's Manager. Having assets under management in the amount of more than $ 450 mln., Da Vinci Capital participates in the establishment of world-class companies, assisting in the development of business strategy, corporate governance, financial planning, mergers and acquisitions and capital markets transactions, as well as supporting on the environmental and social agenda items. Since its creation, Da Vinci Capital has achieved several successful exits, including IPO of EPAM Systems (NYSE:EPAM) with a current market capitalization of more than $ 29 bln. and IPO of the Moscow Stock Exchange with a current market capitalization of $ 5 bln. Current portfolio of Da Vinci Capital includes investments of Data Art International Software Developer, Gett global B2B SaaS platform of land transport, ITI Group Global Group in the brokerage services market, ITI Funds Innovative Asset Management Platform, LoopMe Mobile Advertising Platform, Softline Global Provider of IT solutions and services in the arwa of digital transformation. As the Managing Partner of Da Vinci Capital, Dennis Fulling, noted: "The team of Da Vinci Capital is pleased to get the world's leading institutional investors as partners. Da Vinci Capital is looking forward to implementing a proven strategy of investing in growing companies from emerging markets."