According to Article No 3.1 of "Rules to purchase and make an offer to purchase shares of listed companies" by the FRC, "Tavan Bogd Trade" LLC, a controlling shareholder of "Mon Beef" JSC, has made a tender offer to purchase 44,200,000 common shares at the price of MNT 47 per share from other shareholders.

Offering price:                                                                                MNT 47

Number of shares to purchase:                                                    44,200,000

The commencement date of the offer to purchase shares:       February 03, 2023.

The expiration date of the offer to purchase shares:                 March 15, 2023.

Payment date:                                                                                 March 17, 2023.

Address: 10th floor of "Khaan bank tower" office, 15th khoroo, Khan-Uul district, Ulaanbaatar

Telephone: 72727282

E-mail: cr@tavanbogdcapital.com

MONGOLIAN STOCK EXCHANGE