"Khishig-Uul" JSC shareholder, Ya. Nergui, acquired the controlling stake of the company through an open auction. In connection with this, according to Article 57.7 of Section 57, Article 53.2, and Article 54.4 of the Company Law, the Board of Directors, in its resolution No. 01 dated February 7, 2025, has decided to exercise the right to demand other shareholders of the company to repurchase their shares.

Proposed price:                                           4,393.90 MNT

Start of accepting demands:                      February 10, 2025

Deadline for receiving demands:               Until March 24, 2025

Date of payment for share purchases:      March 27, 2025

Address for receiving written demands:   Ulaanbaatar, Sukhbaatar District, 1st khoroo, Ardchilliin Urgoo,
                                                                       6th floor, P.O. Box 371, Snow Hill Consultancy LLC

Email address:                                              anudari@snowhill.mn

Phone:                                                           +(976)-8809 8193, 9401 2256

MONGOLIAN STOCK EXCHANGE