On September 28, 2022, the board of directors of Shandong Gold Mining Co., Ltd. received a written resignation from Mr. Zheng Canwu, the financial controller of the Company. Mr. Zheng Canwu has tendered his resignation from the positions of financial controller and head of the finance department of the Company due to change in work arrangement. Mr. Zheng Canwu will no longer serve any position in the Company upon his resignation.

In accordance with the provisions of the Company Law and the Articles of Association and other relevant laws and regulations, the aforementioned resignation shall take effect from the date of receipt by the board of directors of his written resignation. The resignation of Mr. Zheng Canwu as the financial controller will not affect the day-to-day operations of the Company. The Company will appoint a new financial controller as soon as possible in accordance with relevant requirements.