Chongqing Iron & Steel : NOTICE OF 2019 ANNUAL GENERAL MEETING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.

NOTICE OF 2019 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the 2019 annual general meeting of Chongqing Iron & Steel Company Limited (the "Company") will be held at 2:00 p.m. on Monday, 1 June 2020 at the Chongqing Iron & Steel Conference Center, No. 1 of Gangcheng Avenue, Economic & Technological Development Zone, Changshou District, Chongqing, the PRC, for the purpose of considering and, if thought fit, passing the following resolutions of the Company.

RESOLUTIONS ADOPTING NON-CUMULATIVE VOTING

ORDINARY RESOLUTIONS

1. The final financial accounts report for the year 2019
2. The 2019 annual report (full text and summary)
3. The profit distribution plan for the year 2019
4. The report of the board of directors for the year 2019
5. The report of the supervisory committee for the year 2019
6. The proposal for the re-appointment of the financial and internal control auditor of the Company for the year 2020
7. The proposal for the proposed budget for the year 2020

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8. The proposal for the related investment in relation to joint establishment of special fund for acquisition of Chonggang Group through capital contribution

SPECIAL RESOLUTIONS

1. The proposal for the grant of general mandate to the board of directors to issue corporate bonds
2. The proposal for the amendments to the Articles of Association of Chongqing Iron & Steel Company Limited

ORDINARY RESOLUTION

11. The proposal for the amendments to the Rules of Procedures of the General Meeting of Chongqing Iron & Steel Company Limited

By order of the Board

Chongqing Iron & Steel Company Limited

Meng Xiangyun

Secretary to the Board

Chongqing, the PRC, 15 April 2020

As at the date of this announcement, the Directors of the Company are: Mr. Zhou Zhuping (Non-executive Director), Mr. Song De An (Non-executive Director), Mr. Zhang Shuogong (Non-executive Director), Mr. Li Yongxiang (Executive Director), Mr. Tu Deling (Executive Director), Mr. Wang Li (Executive Director), Mr. Xu Yixiang (Independent Non-executive Director), Mr. Xin Qingquan (Independent Non-executive Director) and Mr. Wong Chunwa (Independent Non-executive Director).

Notes:

1. ELIGIBILITY FOR ATTENDING THE AGM

Shareholders whose names appear on the register of members of the Company at the close of business on 29 April 2020 are entitled to attend the AGM upon completion of the necessary registration procedures (Holders of A Shares will be otherwise notified).

1. REGISTRATION PROCEDURES FOR ATTENDING THE AGM
   1. Shareholders intending to attend the AGM are required to deposit the written reply slip with the Company by 4:00 p.m. on 12 May 2020.

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1. 1. The register of members of the Company will be closed from 2 May 2020 to 1 June 2020 (both days inclusive), during which no transfer of shares will be effected. Holders of H Shares of the Company intending to attend the AGM are required to lodge their respective instrument of transfer and the relevant share certificates to Hong Kong Registrars Limited, the Registrars of the Company, by 4:30 p.m. on 29 April 2020.
2. PROXIES
3. 1. Any shareholder entitled to attend and vote at the AGM is entitled to appoint one or more proxies (whether he is a shareholder or not) to attend and vote at the meeting on his behalf. Each shareholder (or his proxy) shall have one vote for each share held.
   2. The instrument appointing a proxy shall be in writing under the hand of the appointer or his attorney duly authorised in writing. If the proxy form is signed by a person authorized by the appointer, the power of attorney or other authorization documents shall be notarized. The notarized power of attorney or other authorization documents together with the proxy form must be lodged with Hong Kong Registrars Limited, the Registrars of the Company, no less than 24 hours before the time appointed for the holding of the AGM (or appointed for voting) i.e. by no later than 2:00 p.m. on 31 May 2020.
   3. For the shareholders appointing more than one proxy, the voting right can only be exercised by way of poll.

IV. MISCELLANEOUS

1. Shareholders attending the AGM shall be responsible for their own travel and accommodation expenses.
2. Information may be dispatched by hand or registered post.
3. Address of Hong Kong Registrars Limited: Shops 1712 - 1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong.
4. Office of Secretary to the Board of Chongqing Iron & Steel Company Limited
   Address: Room 312, Management Building, No. 1 of Gangcheng Avenue, Economic & Technological Development Zone, Changshou District, Chongqing, the PRC
   Postal Code: 401258
   Tel: [phone]
   Fax: [phone]
   Contact Person: Peng Guoju/Ji Hong

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