Zijin Mining to repurchase restricted A shares after participant resignation

Zijin Mining Group Co., Ltd. announced the repurchase and cancellation of 30,600 restricted A shares, previously granted under its 2020 incentive scheme. This action stems from the resignation of one participant who no longer meets the eligibility criteria. The cancellation is expected to be completed on November 4, 2025.

The repurchase and cancellation will reduce the company's total number of shares from 26,577,573,940 to 26,577,543,340. Shares subject to trading moratorium will decrease by 30,600, from 795,600 to 765,000.

The board emphasized that the decision-making process for the repurchase and cancellation adheres to all relevant laws and the company's incentive scheme, ensuring no prejudice to participants' legal rights or creditors' interests. Upon completion, the number of remaining restrictive A shares under the incentive scheme will be 765,000.