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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 . MONGOLIAN MINING CORPORATION ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 975 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2026 FINANCIAL HIGHLIGHTS Mongolian Mining Corporation ( “ MMC ” or the “ Company ” ) and its subsidiaries ( the “ Group ” ) generated revenue of United States Dollar ( " USD " ) 586.2 million during the first half of 2026 , up 69 % from USD346.6 million in the corresponding period of 2025. The increase was driven by higher washed coking coal sales volume and improved average selling price ( " ASP " ) . In addition , the Bayan Khundii ( “ BKH ” ) gold mine contributed USD94.7 million , accounting for 16 % of total revenue during the reporting period , being its first full reporting period of commercial production . The Group's earnings before interest , taxes , depreciation and amortisation adjusted by other non- cash and extraordinary items ( “ adjusted EBITDA ” ) was USD169.2 million during the first half of 2026 , compared to USD94.1 million in the corresponding period of 2025 . The Group recorded profit and profit attributable to equity shareholders of the Company of USD105.9 million and USD89.0 million , respectively , for the six months ended 30 June 2026 , compared with a loss and loss attributable to equity shareholders of the Company of USD19.9 million and USD23.3 million , respectively , in the corresponding period of 2025 . Basic and diluted earnings per share for the six months ended 30 June 2026 were USD8.59 cents and USD8.51 cents , respectively , compared with basic and diluted loss per share of USD2.24 cents in the corresponding period of 2025 . The board ( the “ Board ” ) of Directors ( the “ Directors ” ) of the Company does not recommend the payment of dividend for the six months ended 30 June 2026 ( dividend for the six months ended 30 June 2025 : nil ) . During the six months ended 30 June 2026 , the Company repurchased a total of 4,524,000 of its own shares on the Stock Exchange of Hong Kong Limited ( the “ Stock Exchange " ) at an aggregate cost of Hong Kong Dollar ( “ HKD ” ) 41.3 million ( equivalent to USD5.3 million ) . Subsequent to the reporting period , the Company further repurchased 10,950,000 shares at an aggregate cost of HKD73.5 million ( equivalent to USD9.4 million ) . All of the repurchased shares were cancelled . Note : All numbers in this announcement are approximate rounded values for particular items .