ANNOUNCEMENT ON ESTIMATED INCREASE IN THE RESULTSFOR THE FIRST HALF OF 2024

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.SHANDONG GOLD MINING CO. LTD.山东黄金矿业股份有限公司 (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1787) ANNOUNCEMENT ON ESTIMATED INCREASE IN THE RESULTS FOR THE FIRST HALF OF 2024 This announcement is made by Shandong Gold Mining Co. Ltd. (the “Company” and together with its subsidiaries the “Group”) pursuant to Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).IMPORTANT NOTICE: After preliminary calculation it is estimated that the Company will realise a net profit attributable to the owners of the parent company of RMB1250 million to RMB1450 million for the first half of 2024 representing an increase of RMB370 million to RMB570 million as compared with the corresponding period of the previous year or a year-on-year increase of 42.07% to 64.81%. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses will be RMB1280 million to RMB1480 million for the first half of 2024 representing an increase of RMB399 million to RMB599 million as compared with the corresponding period of the previous year or a year-on-year increase of 45.21% to 67.89%. – 1 –I. ESTIMATED RESULTS FOR THE PERIOD (I) Period covered by the estimated results From 1 January 2024 to 30 June 2024.(II) Estimated results 1. After preliminary calculation it is estimated that the Company will realise a net profit attributable to the owners of the parent company of RMB1250 million to RMB1450 million for the first half of 2024 representing an increase of RMB370 million to RMB570 million as compared with the corresponding period of the previous year or a year-on-year increase of 42.07% to 64.81%. 2. It is expected that the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses will be RMB1280 million to RMB1480 million for the first half of 2024 representing an increase of RMB399 million to RMB599 million as compared with the corresponding period of the previous year or a year-on-year increase of 45.21% to 67.89%. (III) These estimated results have not been audited by the certified public accountants II. RESULTS FOR THE CORRESPONDING PERIOD OF THE PREVIOUS YEAR (1) The net profit attributable to the owners of the parent company was RMB880 million. The net profit attributable to the owners of the parent company after deducting non-recurring gains and losses was RMB882 million. (2) Earnings per share: RMB0.15. III. MAIN REASONS FOR THE ESTIMATED INCREASE IN THE RESULTS FOR THE PERIOD In the first half of 2024 the Company strengthened the role of strategic leadership emphasized production organization continuously optimized production layout and enhanced technical management and technological innovation to improve the production operation rate and resource utilization rate. The Company continued further efforts on cost reduction and efficiency enhancement elevated the standard of meticulous management and operational efficiency and stabilized production costs through technological innovation process optimization asset revitalization centralized procurement and creation of benefits with policies. In addition the continued rise in gold prices in the first half of 2024 and the acquisition of Yintai Gold also contributed to an increase in the Company’s profits.– 2 –IV. RISK WARNING There are no material uncertainties in the Company that may affect the accuracy of the estimated results.V. OTHER MATTERS The above estimated figures represent preliminary calculation figures only. Specific and accurate financial figures shall be based on the 2024 interim report to be officially disclosed by the Company. Investors are advised to be cautious of the investment risks.Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.By order of the Board Shandong Gold Mining Co. Ltd.Li Hang Chairman Jinan the PRC 11 July 2024 As at the date of this announcement the executive directors of the Company are Mr. Liu Qin Mr. Wang Shuhai and Mr. Tang Qi; the non-executive directors of the Company are Mr. Li Hang and Ms. Wang Xiaoling; and the independent non-executive directors of the Company are Mr. Wang Yunmin Mr. Liew Fui Kiang and Ms. Zhao Feng.–3–