西藏矿业发展股份有限公司关于限制性股票回购注销完成的公告

Core Viewpoint - The company has completed the repurchase and cancellation of 354,900 restricted shares, which represents 0.07% of the total share capital prior to the cancellation, reducing the total share capital from 521,174,140 shares to 520,819,240 shares [2][12]. Summary by Sections Repurchase and Cancellation Details - A total of 354,900 restricted shares were repurchased and canceled, which were part of the 2021 restricted stock incentive plan [2][10]. - The total amount used for the repurchase was 8,080,285.24 yuan, including interest [11]. - The repurchase was completed at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. [2][3]. Reasons for Repurchase - The repurchase was due to 28 incentive targets not meeting the performance assessment criteria, as well as reasons such as job changes and retirement [3][9]. - The shares being repurchased were those that had been granted but not yet unlocked due to the failure to meet company-level performance targets [9][10]. Approval Process - The repurchase and cancellation were approved during the eighth board meeting and the sixth supervisory board meeting held on August 19, 2025, and subsequently at the first extraordinary shareholders' meeting on September 5, 2025 [3][8]. - The company followed all necessary approval procedures as outlined in the stock incentive plan [4][5]. Financial Impact - The repurchase and cancellation of shares are in compliance with relevant laws and regulations and will not have a substantial impact on the company's financial status or operational results [14].