MMG to Seek Shareholder Approval for Higher Copper Offtake Caps at 29 Oct 2026 EGM

Bulletin Express
10/14

MMG Limited has convened an Extraordinary General Meeting (EGM) for 29 October 2026 at 10:00 a.m. (Studio 5, 7/F, W Hong Kong, 1 Austin Road West, Kowloon Station, Hong Kong). Shareholders will vote on a single ordinary resolution to revise the annual caps under the CMN Framework Offtake Agreement.

Key proposal • Revised annual caps: 250,000 tonnes of copper contained in copper concentrate for the year ending 31 December 2026 and 264,000 tonnes for the year ending 31 December 2027. • Authorisation: Any one director may execute all documents and take necessary actions to implement the revised caps if approved.

Shareholder logistics • Register of members closure: 26–29 October 2026 (both days inclusive); share transfers must be lodged by 4:30 p.m. on 23 October 2026 to qualify for voting. • Proxy deadline: 10:00 a.m. on 27 October 2026 at Computershare Hong Kong Investor Services Limited, 17M Floor, Hopewell Centre.

Board composition The board currently comprises nine directors: two executive directors (Zhao Jing Ivo, Qian Song), three non-executive directors (Zhang Shuqiang, Cao Liang—Chairman, Yue Wenjun) and four independent non-executive directors (Dr Peter William Cassidy, Leung Cheuk Yan, Chan Ka Keung Peter, Chen Ying).

If the ordinary resolution passes, MMG will have expanded capacity to sell copper concentrate to China Minmetals Non-ferrous Metals (CMN) for the 2026–2027 period under the existing framework agreement.

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