Chalco shareholders approve all EGM resolutions, affirming key transactions

Aluminum Corporation of China Limited (CHALCO) announced that all resolutions proposed at its 2025 Third Extraordinary General Meeting (EGM) on December 22, 2025, were duly passed. The EGM saw 2,467 shareholders and proxies participate, representing 3,753,523,075 shares or 32.93% of the total voting rights. Key approvals included various continuing connected transactions with Chinalco and its subsidiaries, covering social and logistics services, mineral supply, engineering services, and fixed assets lease agreements.

Notably, Chinalco and its associates, holding an aggregate of 5,756,342,548 shares (approximately 33.55% of the total issued share capital), abstained from voting on all resolutions. Despite this, all resolutions passed with strong support from voting shareholders. For instance, the comprehensive social and logistics services agreement saw 99.9270% "for" votes, while the mineral supply agreement received 99.9297% "for" votes.

Additionally, shareholders approved the new financial services agreement with Chinalco Finance Company, the new finance lease cooperation framework agreement with Chinalco Lease, and the new factoring cooperation framework agreement with Chinalco Factoring. The resolution regarding the acquisition of minority equity interests in subsidiaries by Yunnan Aluminum also passed with 99.9366% "for" votes.