XD Inc. — AGM Information 2022

May 30, 2022

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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NOTICE OF 2021 ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the 2021 annual general meeting of Chongqing Iron & Steel Company Limited (the “ Company ”) will be held at 2:00 p.m. on Thursday, 30 June 2022 at the Chongqing Iron & Steel Conference Center, No. 2 Jiangnan Avenue, Jiangnan Subdistrict, Changshou District, Chongqing, the PRC, for the purpose of considering and, if thought fit, passing the following resolutions of the Company.

ORDINARY RESOLUTIONS

RESOLUTIONS ADOPTING NON-CUMULATIVE VOTING

1. The report of the board of directors for the year 2021

2. The report of the supervisory committee for the year 2021

3. The final financial accounts report for the year 2021

4. The 2021 annual report (full text and summary)

5. The profit distribution plan for the year 2021

6. The proposal for the proposed budget for the year 2022

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1. The proposal for the re-appointment of the financial and internal control auditor for the year 2022

2. The proposal on the disposal of the remaining shares for debt-for-equity swap in the temporary securities account of Chongqing Iron & Steel

By order of the Board Chongqing Iron & Steel Company Limited Zou An Secretary to the Board

Chongqing, the PRC, 31 May 2022

As at the date of this announcement, the Directors of the Company are: Mr. Zhang Wenxue (Executive Director), Mr. Xie Zhixiong (Executive Director), Mr. Zou An (Executive Director), Mr. Song De An (Non-executive Director), Mr. Lai Xiaomin (Non-executive Director), Mr. Zhou Ping (Non-executive Director), Mr. Sheng Xuejun (Independent Non-executive Director), Mr. Zhang Jinruo (Independent Non-executive Director) and Mr. Guo Jiebin (Independent Non-executive Director).

Notes:

I. ELIGIBILITY FOR ATTENDING THE AGM

Shareholders whose names appear on the register of members of the Company at the close of business on 26 June 2022 are entitled to attend the AGM upon completion of the necessary registration procedures (Holders of A Shares will be otherwise notified).

II. REGISTRATION PROCEDURES FOR ATTENDING THE AGM

The register of members of the Company will be closed from 27 June 2022 to 30 June 2022 (both days inclusive), during which no transfer of shares will be effected. Holders of H Shares of the Company intending to attend the AGM are required to lodge their respective instrument of transfer and the relevant share certificates to Hong Kong Registrars Limited, the Registrars of the Company, by 4:30 p.m. on 24 June 2022.

III. PROXIES

1. Any shareholder entitled to attend and vote at the AGM is entitled to appoint one or more proxies (whether he is a shareholder or not) to attend and vote at the meeting on his behalf. Each shareholder (or his proxy) shall have one vote for each share held.

2. The instrument appointing a proxy shall be in writing under the hand of the appointer or his attorney duly authorised in writing. If the proxy form is signed by a person authorized by the appointer, the power of attorney or other authorization documents shall be notarized. The notarized power of attorney or other authorization documents together with the proxy form must be lodged with Hong Kong Registrars Limited, the Registrars of the Company, no less than 24 hours before the time appointed for the holding of the AGM (or appointed for voting) i.e. by no later than 2:00 p.m. on 29 June 2022.

3. For the shareholders appointing more than one proxy, the voting right can only be exercised by way of poll.

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IV. MISCELLANEOUS

1. Shareholders attending the AGM shall be responsible for their own travel and accommodation expenses.

2. Information may be dispatched by hand or registered post.

3. Address of Hong Kong Registrars Limited: Shops 1712–1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong.

4. Office of Secretary to the Board of Chongqing Iron & Steel Company Limited

   • Address: Room 217, Management Building, No. 2 Jiangnan Avenue, Jiangnan Subdistrict, Changshou District, Chongqing, the PRC

Postal Code: 401258 Tel: (86)23 6898 3482 Fax: (86)23 6887 3189 Contact Person: Peng Guoju/Ji Hong

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