Yankuang Energy schedules 2025 AGM; proposes RMB0.32 dividend, RMB30.00 billion bond shelf and fresh share issue/repurchase mandates

Bulletin Express06-02

Yankuang Energy Group Company Limited will convene its 2025 annual shareholders’ general meeting on 26 June 2026 at the company’s headquarters in Zoucheng, Shandong. The agenda centres on dividend distribution, capital-raising authorisations and board re-elections.

Dividend proposal • A final cash dividend of RMB0.32 per share (tax inclusive) for FY-2025 will be put to vote, with the record date to be announced separately.

Capital management resolutions • General mandate to issue new shares: the board seeks authority to allot up to 20% of the company’s issued share capital (excluding treasury shares) during the mandate period. • H-share repurchase mandate: the board requests approval to buy back up to 10% of outstanding H shares, subject to regulatory clearance. • Corporate bond programme: shareholders will vote on a shelf registration to issue up to RMB30.00 billion of corporate bonds over 24 months, with maturities not exceeding 15 years and fixed coupon structures. • Domestic and overseas financing: a special resolution will authorise broader fund-raising activities, including guarantees for subsidiaries and daily-operation guarantees by Yancoal Australia Limited.

Governance and remuneration • Shareholders will consider the 2025 board report, the audited 2025 financial statements and renewal of directors’ and officers’ liability insurance. • Remuneration packages for non-independent directors and allowances for independent directors for 2026 are up for approval, alongside the adoption of a Remuneration Management System. • Appointment of six non-independent directors and four independent directors is proposed, with Li Wei nominated as chairman. • Reappointment of the external auditor for 2026 will also be decided.

Articles & procedural updates Special resolutions include amendments to the Articles of Association and related procedural rules, adoption of a shareholder return plan for 2026-2028, and authorisation for potential amendments linked to future share issuances or buy-backs.

Logistics H-shareholders on the register by 17 June 2026 may attend the AGM. Books will be closed from 18 June to 26 June 2026 for meeting eligibility and from 3 July to 9 July 2026 for dividend entitlement.

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