On 30 August 2018, the supervisory committee of Metallurgical Corporation of China Ltd. received the written resignation tendered by Mr. Peng Haiqing. Mr. Peng resigned from his position as a supervisor of the Company due to adjustment of work arrangements. The Company considered and approved the proposal in relation to the nomination of Mr. Cao Xiuyun and Ms. Zhang Yandi as supervisors of the second session of the supervisory committee of the Company by China Metallurgical Group Corporation, the controlling shareholder of the Company, at the 43rd meeting of the second session of the board of directors of the Company convened on 30 August 2018. Such proposal will be submitted to the shareholders' general meeting of the Company for consideration and approval.