China Molybdenum : SUPPLEMENTAL NOTICE OF THE 2019 SECOND EXTRAORDINARY GENERAL MEETING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this notice.

(Stock Code: 03993)

SUPPLEMENTAL NOTICE OF

THE 2019 SECOND EXTRAORDINARY GENERAL MEETING

We refer to the circular (the "Original Circular") and the notice (the "Original Notice") of the 2019 second extraordinary general meeting (the "EGM") of China Molybdenum Co., Ltd.* (the "Company") dated 12 November 2019, which set out the details of the resolution to be proposed at the EGM for shareholders' approval.

SUPPLEMENTAL NOTICE IS HEREBY GIVEN that the EGM will be held as originally scheduled at 1:00 p.m. on Friday, 27 December 2019 at the Mudu-Lee Royal International Hotel, Kaiyuan Street, Luolong District, Luoyang City, Henan Province, the People's Republic of China (the "PRC") for the purpose of considering and, if thought fit, following resolutions as special resolutions in addition to the resolution sets out in the Original Notice:

SPECIAL RESOLUTIONS

1. "To consider and approve the proposal relating to the provision of financing guarantee among direct or indirect wholly-owned subsidiaries of the Company."
2. "To consider and approve the proposal relating to the provision of supply chain financing guarantee by IXM, an indirect wholly-owned subsidiary of the Company, to its suppliers."

By Order of the Board

China Molybdenum Co., Ltd.*

Li Chaochun

Chairman

Luoyang City, Henan Province, the PRC, 11 December 2019

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As at the date of this supplemental notice, the Company's executive directors are Mr. Li Chaochun and Mr. Li Faben; the Company's non-executive directors are Mr. Guo Yimin, Mr. Yuan Honglin and Mr. Cheng Yunlei; and the Company's independent non-executive directors are Mr. Wang Gerry Yougui, Ms. Yan Ye and Mr. Li Shuhua.

Notes:

1. Details of the above resolutions are set out in the supplemental circular of the Company dated 11 December 2019 (the "Supplemental Circular"). Unless otherwise defined in this supplemental notice of the EGM, capitalised terms used in this supplemental notice of the EGM shall have the same meanings as those defined in the Supplemental Circular.
2. A supplemental proxy form (the "Supplemental EGM Proxy Form") for the EGM containing the resolutions mentioned above is enclosed with the Supplemental Circular. The proxy form dated 12 November 2019 issued by the Company for the EGM along with the Original Circular (the "Original EGM Proxy Form") will remain valid and effective to the fullest extent applicable if correctly completed and lodged with the H share registrar of the Company.
3. Shareholders are entitled to appoint one or more proxies to attend the EGM, but only one of the proxies can be designated to vote at the EGM. For the avoidance of doubt, should the proxies being appointed to attend the EGM under each of the Original EGM Proxy Form and/or the Supplemental EGM Proxy Form are different and more than one of the proxies attend the EGM, only the proxy validly appointed under the Original EGM Proxy Form shall be designated to vote at the EGM.
4. To be valid, the Supplemental EGM Proxy Form together with the power of attorney (if any) and other relevant authorization document(s) (if any) which have been notarized shall be deposited at the H share registrar of the Company, Computershare Hong Kong Investor Services Limited, at the address stated in note (5) below, not less than 24 hours before the time designated for the EGM. Completion and return of the Supplemental EGM Proxy Form will not preclude the holders of H shares from attending and voting at the EGM or any adjourned meeting should they so wish.
5. The address and contact details of the H share registrar of the Company, Computershare Hong Kong Investor Services Limited, are as follows:
   17M Floor Hopewell Centre
   183 Queen's Road East Wanchai
   Hong Kong
   Telephone No.: ([phone]
   Facsimile No.: ([phone]/([phone]

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1. The address and contact details of the Company's office of the Board at its principal place of business in the PRC are as follows:
   North of Yihe
   Huamei Shan Road Chengdong New District Luanchuan County Luoyang City
   Henan Province
   People's Republic of China Postal code: 471500
   Telephone No.: ([phone]
   Facsimile No.: ([phone]
   E-mail address: [e-mail]
2. The EGM is expected to last not more than one day. Shareholders or proxies attending the EGM are responsible for their own transportation and accommodation expenses.

• For identification purposes only

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