General Provisions - The company establishes a system to regulate the management of resignations of directors and senior management, ensuring governance stability and protecting shareholders' rights [1] - This system applies to all directors (including independent directors) and senior management personnel regarding resignation, term expiration, and dismissal [1] Resignation Conditions and Effectiveness - Directors can resign before their term expires by submitting a written resignation report, effective upon receipt by the board, with disclosure required within two trading days [2] - Directors automatically resign if not re-elected upon term expiration, and shareholders can dismiss directors with immediate effect [2] - Senior management can also resign before their term expires, with specific procedures outlined in their labor contracts [2] Transfer Procedures and Unresolved Matters - Resigning directors and senior management must transfer all company-related documents and assets within three working days after resignation [3] - If the resigning personnel are involved in significant investments or financial decisions, an audit committee may initiate a departure audit [3] - The company can require resigning personnel to fulfill any outstanding public commitments, with the right to seek compensation for any losses incurred [3] Obligations of Resigning Directors and Senior Management - The loyalty obligations of directors and senior management remain effective for two years after their term ends [4] - There are restrictions on the transfer of shares during and after their tenure, with a limit of 25% of total shares held per year during their term and a six-month restriction post-resignation [4] - Resigning personnel must cooperate with the company in follow-up investigations regarding significant matters during their tenure [4] Accountability Mechanism - The board will review specific accountability plans for resigning personnel who fail to fulfill commitments or violate loyalty obligations [5] - Resigning personnel can appeal the accountability decisions within 15 days, but this does not affect the company's ability to take protective measures [5] Supplementary Provisions - Any matters not covered by this system will be governed by relevant national laws, regulations, and the company's articles of association [6] - The board is responsible for interpreting this system, which takes effect upon approval by the board [6]

Core Points - The document outlines the management of resignations for directors and senior management at Dazhong Mining Co., Ltd, establishing rules based on relevant laws and regulations [1][2][3] Group 1: Resignation Procedures - Directors and senior management can resign before their term ends by submitting a written resignation report, which becomes effective upon receipt by the company [1][2] - The company must complete the election of new directors within sixty days of a resignation to ensure compliance with legal and regulatory requirements [2] - If a statutory representative resigns, the company must appoint a new representative within thirty days [2] Group 2: Conditions for Resignation - Certain conditions disqualify individuals from serving as directors, including criminal convictions related to financial misconduct and being listed as untrustworthy by the court [2][3] - Directors automatically resign if they are not re-elected by the shareholders' meeting on the expiration of their term [3] Group 3: Transition and Responsibilities - Departing directors and senior management must hand over all relevant documents and assets within five working days after their resignation [4] - The company retains the right to require departing personnel to fulfill any outstanding commitments or obligations [4][5] Group 4: Post-Resignation Obligations - Directors and senior management are prohibited from transferring their shares for six months after leaving the company [5] - Confidentiality obligations regarding company secrets remain in effect even after resignation [5] Group 5: Accountability Mechanisms - The board of directors is responsible for reviewing any breaches of obligations by departing personnel and may seek compensation for losses incurred [6][7] - Departing personnel can appeal any accountability decisions made by the board within fifteen days [6]