Yankuang Energy Group Company Limited will ask shareholders at the 26 June 2026 annual general meeting to approve a comprehensive package of financing, governance and capital-management resolutions aimed at expanding funding flexibility and enhancing corporate oversight. Key items include:

• Financing authorisation: Management seeks approval to conduct on- and offshore borrowing and other financing transactions of up to RMB 90.00 billion during the mandate period, with discretion on currency and instrument mix.

• Guarantee limits: The parent company may provide financing guarantees of up to USD 3.00 billion to controlled and invested subsidiaries, while Yancoal Australia and its units would be authorised to extend operational guarantees of up to AUD 1.65 billion to Yankuang Energy’s Australian subsidiaries.

• Bond shelf registration: The board requests a 24-month registration to issue multiple tranches of corporate bonds—covering general, green, renewable and tech-innovation types—of up to RMB 30.00 billion with maturities of up to 15 years.

• Equity mandates: Directors seek general authority to (1) issue new shares or transfer treasury shares up to 20% of the company’s issued share capital and (2) repurchase up to 10% of issued H shares, subject to regulatory approvals.

• Capital return framework: For 2026-2028, annual cash dividends will target approximately 50% of after-tax profit (based on the lower of PRC GAAP and IFRS earnings) following statutory reserve allocations. For FY 2025, the board proposes a final dividend of RMB 0.32 per share.

• Insurance and audit: Renewal of directors’ and officers’ liability coverage is proposed with a maximum insured amount of USD 15 million. Baker Tilly China CPA LLP (A-share auditor) and Baker Tilly Hong Kong Ltd (H-share auditor) are nominated for reappointment for 2026 at a combined fee of RMB 9.80 million, with authority to adjust fees for additional work.

• Governance updates: Shareholders will vote on amendments to the Articles of Association and board procedures, adoption of a new remuneration management system, and election of the tenth board of directors, which includes five independent non-executive director candidates.

If approved, the mandates will run until the next AGM, unless superseded earlier by shareholder action.