Xinjiang Xinxin Mining Industry Co., Ltd. at its board meeting held on June 2, 2022 announced the resignation of Mr. Zhang as the chairman of the Board. Mr. Guo Quan a non-executive Director, has been appointed as the chairman of the Board with effect from 2 June 2022 to the date of the expiration of the term of the sixth session of the Board, i.e. 13 October 2023. Following the resignation of Mr. Zhang as non-executive Director and the chairman of the ESG Committee and according to the Board Resolutions, Mr. Guo, an existing member of the ESG Committee and a non-executive Director, and Mr. Wang, a non-executive Director, have been respectively appointed as the chairman and a member of the ESG Committee with effect from 2 June 2022 to the date of the expiration of the term of the sixth session of the ESG Committee, i.e. 13 October 2023.

Following the resignation of Mr. Zhang as non-executive Director and the chairman of the Nomination Committee and according to the Board Resolutions, Mr. Guo, a non-executive Director, has been appointed as the chairman and a member of the Nomination Committee with effect from 2 June 2022 to the date of the expiration of the term of the sixth session of the Nomination Committee, i.e. 13 October 2023.