藏格矿业股份有限公司 2024 年度独立董事述职报告 （刘娅） 根据《中华人民共和国公司法》（以下简称《公司法》）《上市公司独立董事 管理办法》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规 范运作》等法律法规及《藏格矿业股份有限公司章程》（以下简称《公司章程》）、 《独立董事工作规则》的规定，2024 年本人作为藏格矿业股份有限公司（以下简 称"公司"）独立董事，始终恪尽职守，秉持客观、公正、独立的原则，积极维 护公司整体利益及全体股东特别是中小股东的权益，充分发挥独立董事与专门委 员会委员的作用。通过勤勉行使法定权利，认真出席相关会议，审慎审议各项议 案，对公司重大事项发表独立意见，并为公司决策提供合理建议。现将 2024 年 度履职情况汇报如下： 一、本人基本情况 （一）工作履历 刘娅，生于 1982 年 12 月，中国国籍，无境外永久居留权，研究生学历，四 川大学管理学博士，教授，硕士生导师，国际注册会计师（ACCA）会员。2005- 2007 年在西南财经大学信息工程学院工作；2009 年至今在四川师范大学商学院 工作，历任副院长、系主任、部门工会副主席、教代会副主任、学校工会经审 ...

藏格矿业股份有限公司 第二期员工持股计划管理办法 本次员工持股计划持有人盈亏自负，风险自担，与其他投资者权益平等。 第三条 员工持股计划的参加对象和确定标准 第一章 总则 第一条 为规范藏格矿业股份有限公司（以下简称"藏格矿业"或"公司"）第二期员工持股 计划（以下简称"员工持股计划"）的实施，根据《中华人民共和国公司法》、《中华人民共和 国证券法》、《中国证监会关于上市公司实施员工持股计划试点的指导意见》（以下简称《指 导意见》）、《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》 （以下简称《自律监管指引第 1 号》）等相关法律、行政法规、规章、规范性文件和《公司 章程》、《藏格矿业股份有限公司第二期员工持股计划（草案）》之规定，特制定《藏格矿业 股份有限公司第二期员工持股计划管理办法》（以下简称"本办法"）。 第二章 员工持股计划的制定 第二条 员工持股计划的基本原则 （一）依法合规原则 公司实施本次员工持股计划将严格按照法律、行政法规的规定履行程序，真实、准确、 完整、及时地实施信息披露。任何人不得利用员工持股计划进行内幕交易、操纵证券市场等 证券欺诈行为。 （二）自愿参与原则 ...

藏格矿业股份有限公司 经核查独立董事王作全先生、刘娅女士、胡山鹰先生的任职经历及签署的相 关自查文件，公司董事会认为，上述人员未在公司担任除独立董事以外的任何职 务，也未在公司主要股东公司担任任何职务，与公司以及主要股东之间不存在利 害关系或其他可能妨碍其进行独立客观判断的关系，不存在影响独立董事独立性 的情况，故公司独立董事符合《上市公司独立董事管理办法》《深圳证券交易所 上市公司自律监管指引第 1 号——主板上市公司规范运作》等法律法规中关于独 立董事独立性的相关要求。 藏格矿业股份有限公司董事会 2025 年 3 月 29 日 董事会对独立董事独立性自查情况的专项意见 根据《上市公司独立董事管理办法》《深圳证券交易所上市公司自律监管指 引第 1 号——主板上市公司规范运作》等规定，藏格矿业股份有限公司（以下简 称"公司"）董事会，就公司在任独立董事王作全先生、刘娅女士、胡山鹰先生 的独立性情况进行评估并出具如下专项意见： ...

藏格矿业股份有限公司 2024 年度，公司所有会议的召集、召开严格遵循法定程序。重大经营决策及 其他重大事项均依法履行相关审批流程，确保决策合法有效。对于所有提交审议 的议案，本人在充分了解议案背景、详细掌握相关情况并深入参与讨论沟通后， 认定这些议案均为促进公司发展的必要举措，因此在表决时均投出赞成票，无反 对或弃权情况。 2024 年度独立董事述职报告 （王作全） 根据《中华人民共和国公司法》（以下简称《公司法》）《上市公司独立董 事管理办法》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司 规范运作》等法律法规及《藏格矿业股份有限公司章程》（以下简称《公司章程》）、 《独立董事工作规则》的规定，2024 年本人作为藏格矿业股份有限公司（以下简 称"公司"）独立董事，始终恪尽职守，秉持客观、公正、独立的原则，积极维 护公司整体利益及全体股东特别是中小股东的权益，充分发挥独立董事与专门委 员会委员的作用。通过勤勉行使法定权利，认真出席相关会议，审慎审议各项议 案，对公司重大事项发表独立意见，并为公司决策提供合理建议。现将 2024 年 度履职情况汇报如下： 一、本人基本情况 本人未在公司担任除 ...

Core Viewpoint - The supervisory board of Cangge Mining Co., Ltd. has approved the company's second employee stock ownership plan, emphasizing its legality and alignment with relevant regulations [1][2][3] Group 1: Legal Compliance - The supervisory board reviewed the employee stock ownership plan in accordance with the "Guiding Opinions on the Implementation of Employee Stock Ownership Plans by Listed Companies" and other relevant regulations [2] - The plan was found to be legally valid and does not involve any prohibited circumstances as outlined in the regulations [2][3] - There are no forced participation or financial assistance arrangements for employees involved in the plan [2] Group 2: Benefits of the Plan - The implementation of the second employee stock ownership plan is expected to enhance the profit-sharing mechanism between workers and owners, improving corporate governance [3] - It aims to boost employee cohesion and company competitiveness, thereby motivating employees and retaining top management and key personnel [3] - The plan is positioned as a strategy for the sustainable development of the company [3] Group 3: Next Steps - The relevant matters of the employee stock ownership plan will be submitted for review at the company's 2024 annual general meeting [3]

Meeting Overview - The 13th meeting of the 9th Supervisory Board of the company was held on March 28, 2025, in Chengdu, with all three supervisors present, ensuring compliance with relevant laws and regulations [1][2]. Resolutions Passed - The Supervisory Board approved the 2024 Annual Report and its summary, confirming that the report accurately reflects the company's operational and financial status without any misleading statements [1][2]. - The 2024 Annual Supervisory Board Work Report was also approved, highlighting the board's independent oversight of the company's financial and operational activities throughout the year [2][3]. - The 2024 Financial Settlement Report was approved, indicating that it accurately represents the company's financial condition and operational results [3][4]. - The 2025 Financial Budget Plan was approved, deemed reasonable and feasible based on the analysis of the previous year's performance and market conditions [4][5]. - The proposal for the 2024 Profit Distribution Plan was approved, stating that no profit distribution will occur due to the current financial situation and market environment [5][6]. - The 2024 Internal Control Evaluation Report was approved, confirming the effectiveness of the company's internal control system [6][7]. - The confirmation of 2024 Daily Related Transactions and the forecast for 2025 were approved, ensuring compliance with market rules and protecting shareholder interests [7][8]. - The proposal for using idle funds for entrusted financial management was approved, allowing the company to invest up to 1.5 billion RMB in financial products [8][9]. - The reappointment of the auditing firm for 2025 was approved, ensuring the firm meets the company's auditing requirements [9]. - The second employee stock ownership plan draft was approved, aimed at enhancing corporate governance and employee motivation [9][10]. - The management measures for the second employee stock ownership plan were approved, confirming compliance with relevant laws and regulations [10][11]. - The verification of the list of participants in the second employee stock ownership plan was approved, ensuring all participants meet the necessary criteria [11].

Meeting Information - The company will hold its 2024 Annual General Meeting on April 18, 2025, at 2:30 PM [1] - Shareholders can participate through on-site voting or online voting via the Shenzhen Stock Exchange [1][5] - The online voting will be available on the same day from 9:15 AM to 9:25 AM, 9:30 AM to 11:30 AM, and 1:00 PM to 3:00 PM [1] Shareholder Rights - All shareholders registered by April 14, 2025, at 3:00 PM are entitled to attend the meeting and vote [2] - Shareholders can appoint proxies to attend and vote on their behalf, and the proxy does not need to be a shareholder [2] Agenda Items - The meeting will review several proposals, including the performance assessment and bonus confirmation for directors and supervisors, as well as the employee stock ownership plan [2][3] - Independent directors will present their reports during the meeting [2] Voting Procedures - Voting will be conducted through both on-site and online methods, with specific instructions provided for each [5] - For online voting, shareholders must follow the designated procedures to ensure their votes are counted [5] Documentation - Relevant documents, including the authorization letter and voting procedures, are available for shareholders [5][6]

Group 1 - The company will not distribute profits for the fiscal year 2024, meaning no cash dividends, stock bonuses, or capital reserve transfers will be implemented [1][5][6] - The decision was made considering the company's financial status, market environment, and future development strategy, aiming to support ongoing projects and ensure stable growth [1][6] - The retained earnings at the end of 2024 will amount to approximately RMB 9.68 billion for the consolidated report and RMB 6.67 billion for the parent company report [1][3] Group 2 - In 2024, the company distributed cash dividends totaling RMB 408.33 million, which is 21.68% of the net profit attributable to shareholders [2][3] - Over the past three years, the total cash dividends distributed amounted to approximately RMB 7.88 billion, meeting regulatory requirements for cash distribution [3][5] - The company plans to use the retained earnings for project construction and resource reserves to support its long-term development strategy [6][7] Group 3 - The company will provide a voting mechanism for shareholders, including small shareholders, to participate in the decision-making process regarding the profit distribution plan [6][7] - The company aims to enhance investor returns by improving operational efficiency and balancing performance growth with shareholder returns [6][7] - The profit distribution plan is subject to approval at the annual shareholders' meeting, indicating a level of uncertainty [7]

Financial Performance - In 2023, the company achieved a revenue of 3.251 billion CNY and a net profit of 2.580 billion CNY, with an operating cash flow of 919 million CNY[3]. - The company's total revenue for 2023 reached 32.5 billion RMB, with quarterly breakdowns of 6.1 billion in Q1, 11.5 billion in Q2, 5.6 billion in Q3, and 9.3 billion in Q4[11]. - The net profit attributable to shareholders for 2023 was 25.8 billion RMB, reflecting a year-on-year increase of 65%[11]. - The company's operating revenue for 2024 was approximately ¥3.25 billion, a decrease of 37.79% compared to ¥5.23 billion in 2023[33]. - The net profit attributable to shareholders for 2024 was approximately ¥2.58 billion, down 24.56% from ¥3.42 billion in 2023[33]. - The net profit after deducting non-recurring gains and losses for 2024 was approximately ¥2.55 billion, a decline of 28.76% from ¥3.58 billion in 2023[33]. - The company's total assets reached 15.083 billion yuan, an increase of 7.04% from the beginning of the year[94]. - The company reported a net cash outflow from investment activities of ¥31,444,514.04, a 97.76% improvement compared to a net outflow of ¥1,406,779,695.00 in 2023[122]. Production and Sales - Potassium chloride production and sales volume for 2023 were 102,000 tons, with a production completion rate of 32%[11]. - Lithium carbonate sales volume for 2023 was 1.03 million tons, with a projected increase to 1.36 million tons in 2024[11]. - The company produced 1.073 million tons of potassium chloride, achieving a completion rate of 102.19% against the production target of 1.05 million tons[96]. - The revenue from potassium chloride was approximately 2.21 billion yuan, accounting for 67.99% of total revenue, while lithium carbonate revenue was about 1.02 billion yuan, representing 31.43% of total revenue, with a year-on-year decline of 48.40%[108]. - Lithium carbonate production decreased by 4.12% year-over-year to 11,566 tons, contributing to a significant reduction in inventory by 89.48%[112]. Resource Development - The company has a potassium salt resource reserve of approximately 984 million tons in the Ba Russia mining area, marking a significant expansion in growth potential[4]. - The company is positioned to become a leader in the global lithium extraction field, with ongoing projects in Qinghai and Tibet[6]. - The company holds significant potassium and lithium mineral resources, with a potassium resource of approximately 984 million tons in Laos and lithium resources of about 2.17 million tons of lithium carbonate equivalent in the Ma Mi Cuo salt lake[85]. - The company has focused on the development and utilization of strategic mineral resources, particularly potassium and lithium salts, which are essential for agriculture and new energy vehicles[41]. Investment and Shareholder Value - The company has implemented a share buyback program, utilizing approximately 300 million CNY to repurchase 10.21 million shares, enhancing shareholder value[7]. - The company has initiated a carbon inventory project and is actively promoting green mining initiatives, contributing 1.8739 million yuan to social responsibility projects in 2024[105]. - The total cash dividend for 2024 is approximately 408 million yuan (including tax), with cumulative cash dividends from 2022 to 2024 reaching 7.429 billion yuan[166]. Market Position and Strategy - The company aims to align its economic indicators with global first-class mining companies in its new five-year development plan[9]. - The company aims to strengthen its global competitiveness and fulfill social responsibilities while participating in national strategies[10]. - The company aims to achieve a global leading mining group status by 2027, focusing on resource expansion and project development[141]. - The company is committed to sustainable development and aims to be a leader in green development[162]. Technological Innovation - The company emphasizes technological innovation and has a dedicated R&D team with 27 experienced personnel[81]. - The company has filed 15 patents related to lithium extraction technology, with 3 already granted and 12 under review[81]. - The company has achieved a cost advantage in lithium production through advanced extraction techniques, significantly reducing production costs compared to traditional methods[90]. Governance and Management - The company has strengthened its internal management and control system to enhance governance and protect the rights of minority shareholders[164]. - The board of directors consists of 9 members, including 3 independent directors, ensuring a fair and scientific decision-making process[169]. - The company has established a strong governance structure with a supervisory board led by Ms. Shao Jing, who is also the financial director of a shareholder unit[194]. Risks and Challenges - The management has outlined potential risks facing the company in its future operations, which investors should be aware of[20]. - The company faces external risks including geopolitical tensions and commodity price fluctuations, which may impact mining operations and profitability[151]. - The company is under operational pressure due to high global mining costs, labor shortages, and increased ESG compliance costs[152].