The board of directors of CGN Mining Company Limited announced that an environmental, social and governance committee of the Board (the "ESG Committee") was established on 3 January 2023. The main duties and responsibilities of the ESG Committee include (i) to make recommendations to the Board on the environmental, social and governance ("ESG") objectives, strategies and management policies of the Company; (ii) to review and assess the adequacy and effectiveness of the management framework for ESG matters of the Company and make recommendations to the Board (if necessary); (iii) to adopt and update the Company's ESG policies to ensure compliance with applicable legal and regulatory requirements; (iv) to identify, determine, prioritise and assess ESG risks and opportunities of the Company, advise on those issues that will significantly affect the operation of the Company; (v) to review and monitor the work of the Company's ESG, assess and review the Company's ESG performance against performance targets; (vi) to ensure the annual ESG report of the Company is in compliance with the relevant requirements of the Rules Governing the Listing of Securities on The Stoc Exchange of Hong Kong Limited; (vii) to review the annual ESG report of the Company and recommend to the Board for approval; and (viii) to consider other matters, as defined or assigned by the Board from time to time. Ms. Xu Junmei has been appointed as the chairman of the ESG Committee, and Mr. Sun Xu and Mr. Gao Pei Ji have been appointed as members of the ESG Committee with effect from 3 January 2023.