Zijin Mining: Shares Cancelled After Executive Resignations

Zijin Mining Group Co., Ltd. is repurchasing and cancelling 10,200 Restricted A Shares granted under its 2020 Incentive Scheme. This action follows the resignation of one participant, who no longer meets the eligibility criteria. The shares, previously granted but not yet unlocked, are expected to be officially cancelled on December 18, 2025.

The repurchase and cancellation will reduce the company's total number of shares from 26,589,743,340 to 26,589,733,140. This change primarily affects shares subject to a trading moratorium, reducing them to zero, while the proportion of A Shares not subject to a moratorium remains at 77.48%.

The company confirmed that necessary approvals were obtained and creditor notification procedures were followed. No objections or requests for debt repayment related to the repurchase and cancellation have been received.