Gobi JSC's 2024 Annual General Meeting Successfully Held

The Annual General Meeting of Gobi JSC was successfully held on April 29, 2024, at 10:00 AM at the Khan Theater in the Khan Bank Seoul Office, located in the 3rd khoroo, Sukhbaatar District.

Attendance

A total of 703 shareholders, holding 691,224,087 voting rights (88.61%), participated in the meeting. This included 629 shareholders with 12,462,706 voting rights (1.60%) who voted in advance and 74 shareholders with 678,761,381 voting rights (87.01%) who attended in person.

Agenda

The following issues were presented during the meeting:

1. Report on the 2023 operations and financial results of Gobi JSC.
2. Board resolution on not distributing dividends from the 2023 financial results.
3. Board's assessment of the company's 2023 operations and financial report.
4. Board's 2023 work report.
5. Proposal to revise the salaries of the Board members.
6. Board's 2024 salary budget.
7. Introduction of candidates for the Board of Directors.

Resolutions

After discussing the presented reports and engaging in a Q&A session, shareholders voted on the issues. The following decisions were made at the Annual Shareholders Meeting:

1. The Board's conclusion that "The management team of Gobi JSC utilized all available resources to achieve the planned goals for 2023" was approved with 99.99% of votes.
2. The proposal to revise the salaries of the Board members was approved with 99.99% of votes.
3. The Board's 2024 salary budget was approved with 99.99% of votes.

4. The following nine members were elected to the Board of Directors for a three-year term:

   Independent Members:

   • D. Gerelmaa
   • A. Jargalmaa
   • D. Khurelbaatar

   Regular Members:

   • B. Amarsaikhan
   • Ts. Baatarsaikhan
   • Ts. Orgilbold
   • D. Khulan
   • N. Munkhbat
   • E. Purevlkham

We extend our gratitude to all shareholders who attended and actively participated in the Annual GeneralMeeting.