Aluminum Corporation of China Limited (CHALCO) has issued a supplemental circular ahead of its 2025 Annual General Meeting (AGM) scheduled for 26 June 2026 in Beijing, detailing three additional ordinary resolutions initiated by controlling shareholder Aluminum Corporation of China (holding 33.55 % of share capital as at 4 June 2026).
1. Interim dividend authorisation The Board seeks authority to set CHALCO’s 2026 interim profit-distribution plan. Within the dividend conditions of the Articles of Association, the cash payout may not exceed 40 % of net profit attributable to shareholders for 1H 2026. The Board will decide whether to distribute and the exact amount after reviewing mid-year results and liquidity needs.
2. Renewal of Directors & Officers liability insurance For FY 2026-2027, CHALCO proposes renewing D&O cover exclusively with Ping An Property & Casualty Insurance Company of China, Ltd. Key terms: • Sum assured: RMB180 million • Premium: RMB0.62 million (tax inclusive) The Chairman, or a delegate, will be authorised to complete all related documentation.
3. Re-appointment of auditors and audit fees Ernst & Young Hua Ming LLP (domestic, including internal control audit) and Ernst & Young (overseas) are nominated to continue as auditors for FY 2026. Aggregate audit fees are estimated at RMB17.99 million (tax inclusive), based on existing business scale, complexity and timetable assumptions.
For subsidiaries in Guinea, the Board also requests discretion to: • Appoint auditors under West African Accounting Standards, with fees capped at RMB0.81 million. • Approve audit fees for any new entities added to the consolidation scope, provided they remain in line with prevailing market rates.
Meeting logistics Shareholders must submit the revised proxy form no later than 24 hours before the AGM. The original proxy form issued on 8 May 2026 is no longer valid. The shareholder register closes as previously announced.
The Board recommends shareholders vote in favour of all new and existing resolutions at the AGM.