Kinetic Development Group Limited — Declaration of Voting Results & Voting Rights Announcements 2021

May 20, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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KINETIC MINES AND ENERGY LIMITED 力量礦業能源有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1277)

POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 20 MAY 2021

At the annual general meeting (“AGM”) of Kinetic Mines and Energy Limited (the “Company”) held on 20 May 2021, all the proposed resolutions as set out in the notice of the AGM dated 8 April 2021 were taken by poll. The poll results are as follows:

Ordinary Resolutions	Ordinary Resolutions	Number of votes cast(% of votes cast)	Number of votes cast(% of votes cast)
		For	Against
1	To receive and consider the audited consolidatedfinancial statements of the Company and itssubsidiaries and the reports of the directors andthe auditors of the Company for the year ended 31December 2020.	6,252,746,000(100.000000%)	0(0.000000%)
2	To declare a final dividend of HK$0.04 per sharefor the year ended 31 December 2020 (the “FinalDividend”).	6,252,746,000(100.000000%)	0(0.000000%)
3	To re-elect Mr. Zhang Liang, Johnson as anexecutive director of the Company.	6,250,764,000(99.968302%)	1,982,000(0.031698%)
4	To re-elect Mr. Ju Wenzhong as an executivedirector of the Company.	6,252,746,000(100.000000%)	0(0.000000%)
5	To re-elect Ms. Liu Peilian as an independent non-executive director of the Company.	6,250,764,000(99.968302%)	1,982,000(0.031698%)

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				Number of votes cast(% of votes cast)	Number of votes cast(% of votes cast)	Number of votes cast(% of votes cast)	Number of votes cast(% of votes cast)	Number of votes cast(% of votes cast)
	Ordinary	Resolutions			(% of votes cast)
					For	Ag	ainst
6	To authorise the boremuneration of the d“Directors”).	ard of directors toirectors of the Compa	fix theny (the	6(1	,252,746,00000.000000%)	(0.00	00000%)
7	To re-appoint KPMCompany and to authto fix their remunerati	G as the auditorsorise the board of Dion.	of therectors	6(	,250,764,00099.968302%)	1,9(0.03	82,0001698%)
8	(1)To approve aDirectors to issuexceeding 20 peshares of the Co	general mandatee shares of the Compr cent of the number ompany.	to theany notf issued	6(	,250,764,00099.968302%)	1,9(0.03	82,0001698%)
	(2)To approve aDirectors toCompany not enumber of issue	general mandaterepurchase sharesxceeding 10 per centd shares of the Compa	to theof the	6(1	,252,746,00000.000000%)	(0.00	00000%)
			of theny.
	(3)To extend thethe Directors tnew shares nothe number ofCompany.	general mandate grao allot, issue and det exceeding 10 pershares repurchased	nted toal withcent ofby the	6(	,250,764,00099.968302%)	1,9(0.03	82,0001698%)
	Please refer to the notice of8(2) and 8(3).the date of the AGM, twas the total numberproposed resolutionsbstain from voting inof the Rules Governined (the “Listing Rules”	the AGM dated 8 April 20he issued share capitalof shares entitling theat the AGM. There wfavour of any of theg the Listing of Secur).	21 for the fulof the Comholders to aere no sharresolutionities on Th		l text of the resolutions nupany was 8,430,000,0ttend and vote for or aes entitling the holders at the AGM as sete Stock Exchange of H		mbered 8(100 sharesgainst an
							s to attenout in rul
							ong Kon

Note: Please refer to the notice of the AGM dated 8 April 2021 for the full text of the resolutions numbered 8(1), 8(2) and 8(3).

As at the date of the AGM, the issued share capital of the Company was 8,430,000,000 shares, which was the total number of shares entitling the holders to attend and vote for or against any of the proposed resolutions at the AGM. There were no shares entitling the holders to attend and abstain from voting in favour of any of the resolutions at the AGM as set out in rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”).

No shareholder of the Company was required under the Listing Rules to abstain from voting on the resolutions at the AGM. None of the shareholders has stated their intention in the Company’s circular dated 8 April 2021 to vote against or to abstain from voting on any of the resolutions at the AGM.

As more than 50% of the votes were cast in favour of each of the above resolutions, all the resolutions were duly passed as ordinary resolutions at the AGM.

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Computershare Hong Kong Investor Services Limited, the Company’s branch share registrar in Hong Kong, acted as the scrutineer for the vote-taking at the AGM.

By Order of the Board Kinetic Mines and Energy Limited Zhang Li Chairman and Executive Director

Hong Kong, 20 May 2021

As at the date of this announcement, the board of Directors of the Company comprises seven Directors, of whom three are executive Directors, namely Mr. Zhang Li (Chairman), Mr. Zhang Liang, Johnson and Mr. Ju Wenzhong (Chief Executive Officer); one is a nonexecutive Director, namely Ms. Zhang Lin, and three are independent non-executive Directors, namely Ms. Liu Peilian, Mr. Zheng Ercheng and Ms. Xue Hui.

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