Southern Alliance Mining Ltd. announced that shareholders approved all nine resolutions tabled at the annual general meeting held on Nov, 24 2025 in Singapore.

The meeting, chaired by Dato’ Gainneos Jacob Goldie, adopted the directors’ statement and audited financial statements for the year ended Jul, 31 2025, with 99.998 % of the 462.0 million votes cast in favour.

Shareholders re-elected Executive Director and Chief Operating Officer Lim Wei Hung and Independent Director Sim Chin Hoe, each securing 99.998 % support.

A total of 0.2746 million Singapore dollars in directors’ fees for the financial year ending Jul, 31 2026 was approved, also with 99.998 % backing. Messrs Ernst & Young LLP were re-appointed as auditors, receiving 99.997 % approval.

Special business resolutions were endorsed, including: • an authority to allot and issue shares under Section 161 of the Companies Act and Catalist Rule 806 (99.998 % support); • an authority to issue shares under the Southern Alliance Mining Performance Share Plan (99.998 % support); • renewal of the share-purchase mandate (99.998 % support); and • renewal of the shareholders’ mandate for interested-person transactions, which passed with 99.816 % support after related parties abstained.

During the question-and-answer session, management said the group’s rare-earth output will be refined in China under a partnership with China Rare Group, and returns from its stake in MRCE Resources Sdn Bhd will depend on market conditions. Directors also noted that Malaysia’s restrictions on raw rare-earth exports do not affect the company, and that gold exploration remains in the planning stage.

The AGM concluded at 10:53 a.m. after the poll results were verified by independent scrutineers.