Feishang Anthracite Resources Limited — Board/Management Information 2021

Sep 27, 2021

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Feishang Anthracite Resources Limited 飛尚無煙煤資源有限公司

(Incorporated in the British Virgin Islands with limited liability)

(Stock code: 1738)

(1) RESIGNATION OF EXECUTIVE DIRECTOR; (2) RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR; AND (3) CHANGE IN COMPOSITION OF BOARD COMMITTEES

(1) RESIGNATION OF EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Directors ”) of Feishang Anthracite Resources Limited (the “ Company ”) announces that with effect from 27 September 2021, Mr. YUE Ming Wai Bonaventure (“ Mr. Yue ”) has resigned as an executive Director due to his other business and personal commitments.

Mr. Yue has confirmed that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company.

Mr. Yue will continue his roles as the chief financial officer and the company secretary of the Company, as well as his role as an authorised representative of the Company.

The Board wishes to express its sincere gratitude to Mr. Yue for his invaluable contributions to the Company during his tenure as executive Director.

(2) RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board also announces that with effect from 27 September 2021, Mr. HUANG Zuye (“ Mr. Huang ”) has resigned as an independent non-executive Director due to health issues.

Mr. Huang has confirmed that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Board wishes to express its sincere gratitude to Mr. Huang for his invaluable contributions to the Company during his tenure as independent non-executive Director.

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(3) CHANGE IN COMPOSITION OF BOARD COMMITTEES

Following his resignation, Mr. Huang has also ceased to act as a member of each of the audit committee and the remuneration committee of the Company and the chairman of the nomination committee of the Company. Mr. CHAN Him Alfred, an independent non-executive Director, has been appointed as a member of each of the audit committee and the remuneration committee of the Company and the chairman of the nomination committee of the Company with effect from 27 September 2021.

By order of the Board Feishang Anthracite Resources Limited HAN Weibing Chairman and Chief Executive Officer

Hong Kong, 27 September 2021

As at the date of this announcement, the executive Directors are Mr. HAN Weibing, Mr. HE Jianhu, Mr. TAM Cheuk Ho, Mr. WANG Weidong, Mr. WONG Wah On Edward and Mr. YANG Guohua; and the independent non-executive Directors are Mr. CHAN Him Alfred, Mr. LO Kin Cheung and Mr. WANG Xiufeng.

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