Zijin Mining Update: Exercise Price Adjusts Post Distributions

Zijin Mining Group Co., Ltd. announced an adjustment to the exercise price of its 2023 Share Option Incentive Scheme, effective from October 17, 2025. This decision reduces the exercise price from RMB11.95 per A Share to RMB11.15 per A Share. The adjustment follows multiple profit distributions for A Shares between June 2024 and September 2025.

The profit distributions included RMB2 per 10 Shares for the year ended December 31, 2023, RMB1 per 10 Shares for the six months ended June 30, 2024, RMB2.8 per 10 Shares for the year ended December 31, 2024, and RMB2.2 per 10 Shares for the six months ended June 30, 2025. These adjustments were made in accordance with relevant administration measures and the Company’s 2023 Share Option Incentive Scheme (Draft).

The company's nomination and remuneration committee and the supervisory committee confirmed that the adjustment procedures complied with regulations and did not prejudice shareholder interests. The adjustment is not expected to materially impact the company's financial position or operating results.