On 9 September 2026, MAANSHAN IRON (Maanshan Iron & Steel Company Limited) convened the 55th meeting of its tenth Board of Directors at the Magang Office Building, with all six eligible directors in attendance and Chairman Jiang Yuxiang presiding.

Key resolutions:

1. Director Nominations • The Board unanimously approved the proposed slate of non-independent directors for the upcoming 11th Board term. • A separate resolution nominating independent non-executive directors for the same term also received full Board support. Both nomination proposals had previously been endorsed by the Board’s Nomination Committee and will be tabled at the forthcoming shareholders’ meeting.

2. Director Remuneration for the 11th Board • As fewer than three non-connected directors were present, the remuneration proposal was forwarded directly to shareholders for consideration. All members of the Remuneration and Appraisal Committee—being stakeholders—abstained from voting at committee level.

3. Extraordinary General Meeting (EGM) • The Board approved the agenda for the first EGM of 2026, to be held on 29 September 2026 at 9:00 a.m. in the Magang Office Building, No. 8 Jiu Hua Xi Road, Maanshan City, Anhui Province. • Items on the agenda include the election of the 11th-session directors (both executive and independent) and the director remuneration package.

All resolutions noted above were adopted with six votes in favour, none against and no abstentions.

The Board reiterated that the meeting was convened in accordance with applicable laws, regulations and the Company’s Articles of Association.