At the shareholders' annual meeting of Mongol Mining held on June 26, 2024, all proposed resolutions were unanimously approved. This includes reviewing and approving the audited consolidated financial statements and board of directors and independent auditor reports for the year ended December 31, 2023, re-electing Dr. Battsengel Gotov as Executive Director, Mr. Myagmarjav Ganbyamba as Non-executive Director, and Dr. Khashchuluun Chuluundorj as Independent Non-executive Director. In addition, authorized the board of directors to determine director's remuneration, re-engage PwC as auditor and authorize the board of directors to determine the auditor's remuneration, and grant general authority to the directors to issue, allot and deal with up to a maximum of 20% of the additional shares based on the total number...Show More

At the shareholders' annual meeting of Mongol Mining held on June 26, 2024, all proposed resolutions were unanimously approved. This includes reviewing and approving the audited consolidated financial statements and board of directors and independent auditor reports for the year ended December 31, 2023, re-electing Dr. Battsengel Gotov as Executive Director, Mr. Myagmarjav Ganbyamba as Non-executive Director, and Dr. Khashchuluun Chuluundorj as Independent Non-executive Director. In addition, authorized the board of directors to determine director's remuneration, re-engage PwC as auditor and authorize the board of directors to determine the auditor's remuneration, and grant general authority to the directors to issue, allot and deal with up to a maximum of 20% of the additional shares based on the total number of issued shares and repurchase up to a maximum of 10% of the Company's issued shares. Finally, the shareholders' meeting also passed a resolution to expand the board's authority to issue, allot and deal with additional shares and approved amendments to the existing articles of association of the Company. The voting at the shareholders' meeting was monitored by Hong Kong Central Securities Depository Limited.