Qiniu Limited — Board/Management Information 2013

Jan 7, 2013

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.

SIBERIAN MINING GROUP COMPANY LIMITED 西伯利亞礦業集團有限公司 [*]

(incorporated in the Cayman Islands with limited liability)

(Stock code: 1142)

REQUISITIONS FROM SHAREHOLDER(S)

Siberian Mining Group Company Limited (the “ Company ”) received 3 notices dated 2, 4 and 7 January 2013 respectively from Master Impact Inc. (“ Master Impact ”) and Skyline Merit Limited (“ Skyline Merit ”) jointly, requesting the board of directors of the Company (the “ Board ) to convene an extraordinary general meeting in accordance with the Articles of Association of the Company (the “ Articles ”) for the following purposes (the “ Requisitions ”):

1. To consider and resolve to pass ordinary resolutions to remove Mr. Lim Ho Sok and Mr. Pang Ngoi Wah Edward as directors of the Company;

2. To consider and resolve to pass an ordinary resolution to appoint the following three persons as directors of the Company in accordance with the Articles effective from the date of passing such resolution:

Mr. Kim Young Ok Mr. Hur Yong Shin Mr. Song Chang Min

and, to authorize the board of directors to fix the remuneration of the directors; and

1. To consider and resolve to pass an ordinary resolution to remove Mr. Choi Sungmin as a director of SMG Development Limited (a directly 100% wholly-owned subsidiary of the Company).

According to the shareholders register of the Company, as of 2, 4 and 7 January 2013, Skyline Merit holds approximately 9.79% of the total issued share capital of the Company, but Master Impact is not registered as a shareholder in such register.

Pursuant to article 58 of the Articles, any one or more shareholders holding at the date of deposit of the requisition not less than one-tenth of the paid up capital of the Company carrying the right of voting at general meetings of the Company shall at all times have the right, by written requisition to the Board to require an extraordinary general meeting to be called by the Board for the transaction of any business specified in such requisition within 21 days of such deposit.

* For identification purpose only

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As the shareholders register reveals that Master Impact is not registered as a shareholder and Skyline Merit only holds approximately 9.79% of the total issued share capital of the Company, the Company is not required under the Articles to convene the necessary extraordinary general meeting.

By Order of the Board Siberian Mining Group Company Limited Lim Ho Sok Chairman

Hong Kong, 7 January 2013

As at the date of this announcement, the Board consists of Mr. Lim Ho Sok and Mr. Choi Jun Ho as executive directors, Mr. Pang Ngoi Wah Edward as non-executive director, and Mr. Cho Min Je, Mr. Liew Swee Yean, Mr. Tam Tak Wah and Mr. Young Yue Wing Alvin as independent non-executive directors.

This announcement will remain on the website of the Stock Exchange at www.hkexnews.hk on the “Latest Listed Company Information” page for at least 7 days from the date of its posting and on the Company’s website at http://siberian.todayir.com.

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