According to the market situation, COREX will add floating price and the indices below on On-port D Board, effective from 15 December 2025 (Monday).

1. COREX Index Qingdao: 61%

2. COREX Index Caofeidian: 61%

Additionally, 61%Fe price will be added to the existing indices.

Please refer to “Measures for the Implementation of Iron Ore Floating-Priced Trading in Beijing Iron Ore Trading Center” “Regulations on Iron Ore Spot Trading of Beijing Iron Ore Trading Center” and “Administrative Measures for Information Release on Iron Ore Spot Trading of Beijing Iron Ore Trading Center” for details which will be revised and effective simultaneously. Functions in relation to the abovementioned updates will be added on relevant boards on COREX Electronic Trading System at the same time.

Hereby announced.

Beijing Iron Ore Trading Center Corporation

December 12, 2025