SSH Advisors

Education and Admission
Safkhan holds a Masters degree in Law from the London School of Economics (Univ. of London) (1999), and LL.M. in Taxation from New York University School of Law (2004). He obtained his Bachelor degree in international law from Baku State University (1997). Safkhan is admitted to practice law in the State of New York (2005).
Experience
Safkhan has over 20 years of diverse experience in consulting and representing clients ranging from locally based investors through multi-nationals, state agencies and high-net worth individuals on
various legal and tax issues.

Prior to establishing SSH Advisors, Safkhan has worked as a Legal Director for a large private equity fund in Kazakhstan, which had Goldman Sachs, Mittal Investments and several high net worth individuals as partners. More than 10 years of his career Safkhan has worked for international law firms (Baker Botts LLP) and legal practices of "big four" consulting (PwC, KPMG and E&Y) in Kazakhstan, Azerbaijan and the United Kingdom and over 5 years as a general counsel in industry/private equity funds.

Principal areas of concentration include M&A, corporate law, corporate financing and international tax structuring. Also, Safkhan has a strong experience in other areas, such as contracts, anti-trust,
employment and dispute resolution matters.

Education and Admission
Jahangir holds both his Masters and Bachelor degrees in Banking and Finance from Tashkent State University of Economics (Tashkent, Uzbekistan).

Experience
Jahangir started his career in Tashkent, Uzbekistan and has over 20 years of experience in providing consulting services in tax.

Prior to joining SSH Advisors, Jahangir has been a tax partner with Ernst & Young Kazakhstan where he led International Tax Services and Financial Services groups. In the periods of 2007-2008 and
2011-2013 Jahangir was a part of the Group servicing financial institutions in Ernst & Young, Moscow.

In addition to tax law, Jahangir has a broad understanding of various business and investment related issues that domestic and foreign investor encounter in their operations. He has proven experience
of tailoring solutions to specific requirements of the business within the framework of Kazakhstan, Uzbekistan and international tax law.Jahangir is specialized on taxation including:
• Full spectrum of issues on taxation of banks and financial establishments, including securitization, issuance of derivative financial instruments, structured products, Islamic finance, restructuring of problem assets, etc.;
• International tax structuring, M&A, corporate reorganizations;
• Taxation of subsurface users and contractors related to them;
• Taxation of companies in real estate and hospitality, construction, retail and industrial sectors of economy.

Education and Admission
Ravshan obtained his Bachelor degree in University of World Economy and diplomacy (Tashkent, Uzbekistan). Ravshan is a US certified public accountant.

Experience
Ravshan has been admitted to SSH Advisors as a partner and leads the accounting and financial service line. Since joining SSH Advisors in August 2011, Ravshan has built a solid client portfolio which consists of both, Kazakhstani and international companies.

Prior to joining SSH Advisors Ravshan had been working with Ernst & Young (E&Y) for 14 years. Over the last 4 years of his E&Y career Ravshan headed the Transaction Support department, and was responsible for the financial consulting, due diligence and debt restructuring projects in Kazakhstan, while the first 10 years he worked as a senior manager / manager in the audit department. Ravshan's client portfolio included wide range of companies and financial institutions in Kazakhstan, Russia, Uzbekistan and
Ukraine.

Ravshan has an extensive advisory, due diligence and audit experience which includes working with a number of international investment companies, top Central Asia financial institutions and large
production, mining, oil & gas and FMCG companies in Kazakhstan, Russia, Uzbekistan and Ukraine.

Ravshan's technical skills among others include:
• Buy side & sell side due diligence services;
• Development / analysis of business plan andfinancial forecast; cash flow and working capital management;
• Transformation of the statutory financial statements to IFRS / US GAAP;
• Audit and setting up internal control system;
• Audit of the IFRS/US GAAP financial statements under the international audit standards;
• Advisory services in preparation to audit of Big Four companies.