Aluminum of China : ANNOUNCEMENT - PROPOSED ELECTION OF SUPERVISOR

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ANNOUNCEMENT

PROPOSED ELECTION OF SUPERVISOR

Reference is made to the announcement of Aluminum Corporation of China Limited* (the "Company") dated 28 May 2019, in relation to, among other things, the proposed amendments to the articles of association of the Company (the "Articles of Association") and the Rules of Procedures for the Supervisory Committee Meeting.

As the amended Articles of Association and the Rules of Procedures for the Supervisory Committee Meeting stipulated that the supervisory committee of the Company shall consist of five supervisors, as nominated by Aluminum Corporation of China* ( 中 國 鋁 業 集 團 有 限 公 司), the controlling shareholder of the Company, it was proposed to elect Mr. Ou Xiaowu ("Mr. Ou") as a shareholder representative supervisor of the seventh session of the supervisory committee of the Company. The 2019 third extraordinary general meeting ("EGM") will be convened by the Company on 10 December 2019, at which (among other things), the proposed amendments to the Articles of Association and the Rules of Procedures for the Supervisory Committee Meeting and the proposed appointment of Mr. Ou are still subject to the approval. At the same time, the proposed appointment of Mr. Ou is subject to the approval of the special resolution in relation to the proposed amendments to (among other things) the Articles of Association and the Rules of Procedures for the Supervisory Committee Meeting at the EGM.

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The biographical details of Mr. Ou are as follows:

Mr. Ou Xiaowu ( 歐 小 武), aged 54, is currently the deputy chief auditor and the director of the audit department of Aluminum Corporation of China* ( 中 國 鋁 業 集 團 有 限 公 司). Mr. Ou graduated from Xiamen University with a bachelor's degree in economics majoring in planning and statistics and is a senior auditor. Mr. Ou has extensive experience in auditing and financial management. He successively served as the deputy director and the director of the second division of the audit department and the director of the first division of the audit department in China Nonferrous Metals Industry Corporation* ( 中 國 有 色 金 屬 工 業 總 公 司), the deputy head of the finance department and the deputy head of the audit department of China Copper Lead & Zinc Group Corporation* ( 中 國 銅 鉛 鋅 集 團 公 司), the deputy general manager of Guizhou Branch of Aluminum Corporation of China Limited ( 中 國 鋁 業 股 份 有 限 公 司 貴 州 分 公 司), the deputy director and the director of the finance department (audit department) and the chief financial officer of the copper department of Aluminum Corporation of China* ( 中 國 鋁 業 公 司) and also served as a director and the chief financial officer of China Copper Co., Ltd.* ( 中 國 銅 業 有 限 公 司), the general manager of the finance department and audit department of Aluminum Corporation of China Limited. Mr. Ou currently also acts as a supervisor of China Copper Co., Ltd.* ( 中 國 銅 業 有 限 公 司), a supervisor of China Aluminum International Engineering Corporation Limited* ( 中 鋁 國 際 工 程 股 份 有 限 公 司),

1. supervisor of Chinalco High-end Manufacturing Co., Ltd.* ( 中 國 鋁 業 集 團 高 端 製 造 股 份 有 限 公 司), the chairman of the supervisory committee of Qinghai Yellow River Hydropower Renewable Aluminum Co., Ltd.* ( 青 海 黃 河 水 電 再 生 鋁 業 有 限 公 司) and a supervisor of Chalco Energy Co., Ltd.* ( 中 鋁 能 源 有 限 公 司).

Mr. Ou has confirmed that, saved as disclosed above, as at the date of this announcement, Mr. Ou did not hold any directorship in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; and he does not have any relationship with any director, senior management, substantial shareholder or controlling shareholder of the Company nor does he hold any position with the Company or any of its subsidiaries. As at the date of this announcement, Mr. Ou does not have nor is deemed to have any interest in any shares, underlying shares or debentures of the Company or any of its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)).

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Save as disclosed above, the Company is not aware of any other matter in respect of the proposed election of Mr. Ou that is required to be disclosed pursuant to the requirements set out in Rules 13.51(2) (h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, nor is there any matter that needs to be brought to the attention of the shareholders.

The term of office of Mr. Ou will commence from the date of approval at the EGM and expire upon the election of the eighth session of the supervisory committee. The Company will enter into a service contract with Mr. Ou after his election as a supervisor of the seventh session of the supervisory committee is approved at the EGM. The remuneration of Mr. Ou will be determined according to the relevant remuneration policies of the Company and set out in the service contract.

By order of the Board

Aluminum Corporation of China Limited*

Wang Jun

Company Secretary

Beijing, the PRC

24 October 2019

As at the date of this announcement, the members of the board of directors comprise Mr. Lu Dongliang, Mr. He Zhihui, Mr. Jiang Yinggang and Mr. Zhu Runzhou (Executive Directors); Mr. Ao Hong and Mr. Wang Jun (Non-executive Directors); Ms. Chen Lijie, Mr. Hu Shihai and Mr. Lie-A-Cheong Tai Chong, David (Independent Non-executive Directors).

• For identification purposes only

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