DATE OF SPECIAL MEETING; AND THE RECORD DATE

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) 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.SOUTHGOBI RESOURCES LTD.南戈壁资源有限公司* (A company continued under the laws of British Columbia Canada with limited liability) (Hong Kong Stock Code: 1878) (TSX Venture Exchange Stock Symbol: SGQ) DATE OF SPECIAL MEETING; AND THE RECORD DATE Reference is made to the announcements of SouthGobi Resources Ltd. (the “Company”) dated November 11 2022 August 30 2023 October 13 2023 November 17 2023 January 19 2024 March 19 2024 April 22 2024 April 30 2024 May 13 2024 and May 17 2024 (collectively the “Announcements”). Unless otherwise specified terms used in this announcement shall have the meaning as defined in the Announcements.The Company announces that a special meeting of shareholders (the “Special Meeting”) will convene on Wednesday August 28 2024 in Vancouver British Columbia Canada (i.e. Thursday August 29 2024 in Hong Kong) for the purpose of seeking approval of the March 2024 Deferral Agreement the April 2024 Deferral Agreement and the Convertible Debenture Amendment and the transaction contemplated thereunder from the Independent Shareholders.The record date for the determination of the Shareholders who are entitled to receive the notice of and to attend and vote at the Special Meeting or any postponement(s) or adjournment(s) thereof will be on Wednesday July 24 2024 (the “Record Date”). Shareholders whose names appear on the register of members of the Company at the close of business on the Record Date will be entitled to attend the Special Meeting and cast votes if his or her shares carry voting rights.The management proxy circular containing among other things (i) details of the March 2024 Deferral Agreement the April 2024 Deferral Agreement and the Convertible Debenture Amendment; (ii) a letter from the Independent Board Committee to the Independent Shareholders; (iii) the * For identification purposes only 1recommendations from the Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders; and (iv) the notice of the Special Meeting will be published on the websites of the Company’s profile on SEDAR+ (www.sedarplus.ca) the Hong Kong Stock Exchange (www.hkexnews.hk) and the Company (www.southgobi.com) and despatched to shareholders of the Company in accordance with applicable securities laws on or before August 6 2024.By order of the Board SouthGobi Resources Ltd.Yingbin Ian He Lead Director Vancouver July 10 2024 Hong Kong July 10 2024 As at the date of this announcement the executive directors of the Company are Mr. Ruibin Xu Ms.Chonglin Zhu and Mr. Chen Shen; the independent non-executive directors of the Company are Mr.Yingbin Ian He Ms. Jin Lan Quan and Mr. Fan Keung Vic Choi; and the non-executive directors of the Company are Mr. Zhu Gao and Mr. Zaixiang Wen. 2