Altmax Holding Ltd. was incorporated as an investment holding company in the Republic of Cyprus. Today, the company is engaged in the development of two independent oil and gas projects in the Republic of Uzbekistan. Altmax Holding provides financing of the projects, and has also employed a team of high-caliber industry experts for the projects supervision.

In light of rapid economic and political changes ongoing in the region of Central Asia and in the Republic of Uzbekistan in particular, we see a strategic opportunity for investment with potential to become a backbone of the regional hydrocarbons industry for the generations to come. With a new political leadership, which puts integration into the world's economy as a top national policy, Uzbekistan plans to shift away from the isolation strategy that had often been inherent by country's former leaders.

As the latest legislation changes related to taxation, among other significant matters are set to come in force during 2019 Uzbekistan is looking to attract international investors as well as world's leading companies to join efforts of transforming the socio-economic outlook of the country. Taking into consideration vast reserves of natural resources, existing industrial infrastructure and strategic location connecting the country with other major regional powers, Uzbekistan offers a sheer number of investment opportunities with a potential for sustained returns and the ability to take leading positions in this rapidly growing economic environment.

Altmax Holding is driven to become a key player in the region's energy sector through effective and responsible investment management of its subsidiaries and affiliates, while also creating a strong business identity. We belive that our enthusiasm and passion, combined with strategic vison and in-depth knowledge of the industry will ensure growth and add value to the all of our stakeholders.