Zijin Mining completes employee stock plan share transfer

Zijin Mining Group Co., Ltd. announced on September 12, 2025, that it has completed the non-trading transfer of shares for its 2025 Employee Stock Ownership Plan. On September 11, 2025, the company confirmed that 64.316 million shares, previously held in its dedicated repurchase securities account, were transferred to the 2025 Employee Stock Ownership Plan securities account. The transfer was executed at a price of CNY 10.61 per share. As of the announcement date, the employee stock ownership plan holds 64.316 million shares, representing 0.24% of the company's total share capital.

The 2025 Employee Stock Ownership Plan has a total duration of 60 months, with a 24-month lock-up period for the underlying shares, commencing from the approval by the shareholders' meeting and the subsequent transfer of shares to the plan's account. Following the lock-up period, the management committee will allocate shares to participants based on annual company performance and individual performance assessments.

Any shares derived from the underlying stock through stock dividends or capital reserve transfers will also be subject to the same lock-up arrangements. However, cash dividends received from holding company shares are not restricted by the lock-up period. Zijin Mining will continue to monitor the implementation progress of the plan and fulfill its information disclosure obligations in a timely manner.