Zhaojin Mining Industry Company Limited will ask shareholders at the 1 June 2026 annual general meeting (AGM) to approve a series of capital management proposals, including fresh issuance and repurchase mandates, a cash dividend, and the re-appointment of auditors.

Key points • Issue mandate – The Board seeks authority to issue up to 20% of each share class: a maximum 132.17 million Domestic Shares and 576.31 million H Shares. The mandate also allows resale of Treasury Shares and will remain valid until the earlier of the next AGM or its revocation by shareholders.

• Repurchase mandate – The company proposes power to buy back up to 10% of issued H Shares, equal to 288.16 million shares based on the 2,881.56 million H Shares outstanding as at 30 April 2026. Repurchased stock may be cancelled or retained as Treasury Shares, subject to PRC regulations and Listing Rules.

• Dividend – A final dividend of RMB0.10 per share (tax inclusive) for FY 2025 is proposed. Domestic shareholders will receive RMB; H-share investors will be paid in HKD, converted at the PBoC average rate for the week preceding 1 June 2026. Payment is targeted on or before 30 June 2026, with the register closed 5–9 June 2026 for entitlement determination.

• Audit appointments – The Board recommends re-appointing Ernst & Young as international auditor and Ernst & Young Hua Ming LLP as PRC auditor for FY 2026. Estimated audit fees are RMB4.00–4.50 million and RMB0.20–0.30 million, respectively.

Share capital snapshot As of 30 April 2026, Zhaojin Mining’s registered capital is 3.54 billion shares, comprising 660.84 million Domestic Shares and 2.88 billion H Shares. State-owned Shandong Zhaojin Group and its subsidiaries hold or are deemed to hold 35.27% of the total.

Key timetable • Register closure for AGM: 26 May–1 June 2026 • AGM: 1 June 2026, 09:00 (Shandong) • Register closure for dividend: 5 June–9 June 2026

Shareholders will vote by poll on all resolutions at the AGM and at separate Domestic and H Share class meetings, convened immediately after the AGM, to confirm the repurchase mandate requirements under PRC law.