SouthGobi Resources : Announcements and Notices - Re-designation of Director and List of Directors and Their Role and Function

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SOUTHGOBI RESOURCES LTD.

南戈壁資源有限公司*

(A company continued under the laws of British Columbia, Canada with limited liability)

(Hong Kong Stock Code: 1878)

(Toronto Stock Code: SGQ)

Re-designation of director and

List of Directors and their Role and Function

Reference is made to the announcement of SouthGobi Resources Ltd. (the "Company") dated June 1, 2018 with respect to the management change of the Company. Mr. Yulan Guo, a former executive director and chief financial officer of the Company, left the management team of the Company with effect from June 1, 2018, and he was re-designated as the non-executive director of the Company on June 1, 2018.

The members of the board of directors of SouthGobi Resources Ltd. (the "Board"), with effect from June 1, 2018, are set out below:

NON-EXECUTIVE DIRECTORS

Mr. Wen Yao

Mr. Zhiwei Chen Mr. Xiaoxiao Li Mr. Yulan Guo Mr. Aminbuhe

* For identification purposes only

INDEPENDENT NON-EXECUTIVE DIRECTORS

Mr. Mao Sun (Interim Independent Lead Director)

Mr. Yingbin Ian He

Mr. Zhu Liu

Ms. Jin Lan Quan

The membership of the Board committees on which each Board member serves with effect from June 1, 2018, is set out below:

AUDIT COMMITTEE

Mr. Mao Sun (Chairman)

Mr. Yingbin Ian He

Mr. Zhu Liu

Ms. Jin Lan Quan

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE Mr. Yingbin Ian He (Chairman)

Mr. Mao Sun

Mr. Zhu Liu

Ms. Jin Lan Quan

COMPENSATION AND BENEFITS COMMITTEE

Mr. Zhu Liu (Chairman)

Mr. Yingbin Ian He

Mr. Mao Sun

Ms. Jin Lan Quan

HEALTH, ENVIRONMENT, SAFETY AND SOCIAL RESPONSIBILITY COMMITTEE

Mr. Mao Sun (Chairman)

Mr. Yulan Guo

Mr. Zhu Liu

By order of the Board SouthGobi Resources Ltd.

Mao Sun

Interim Independent Lead Director

Vancouver, June 5, 2018

Hong Kong, June 5, 2018

As at the date of this announcement, the Independent Non-executive Directors of the Company are Messrs. Yingbin Ian He, Zhu Liu and Mao Sun and Ms. Jin Lan Quan; and the Non-executive Directors are Messrs. Wen Yao, Zhiwei Chen, Xiaoxiao Li, Yulan Guo and Aminbuhe.