An anonymous director reports

DATE OF ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING

The annual general meeting and extraordinary general meeting of SouthGobi Resources Ltd. will convene on Tuesday, June 20, 2023, Vancouver time (that is, Wednesday, June 21, 2023, Hong Kong time), in Vancouver, B.C., Canada. The record date for the determination of the shareholders of the company who are entitled to receive the notice of, and to attend and vote at, the annual and special meeting or any postponement(s) or adjournment(s) thereof will be on Thursday, May 11, 2023 (Vancouver and Hong Kong). 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 annual and special meeting and cast votes if his or her shares carry voting rights.

To be valid, a form of proxy together with the power of attorney or other authority, if any, under which it is signed, or a certified copy of that power or authority, must be deposited at with TSX Trust Company or Computershare Hong Kong Investor Services Ltd., as soon as possible and in any event received by no later than 4:30 p.m. PDT on Friday, June 16, 2023 (which is 7:30 a.m. on Monday, June 19, 2023, Hong Kong time), or 48 hours (excluding Saturdays, Sundays and statutory holidays in the city of Vancouver, B.C., Canada, and public holidays in Hong Kong, China) before the annual and special meeting or any postponement(s) or adjournment(s) thereof.

A notice of the annual and special meeting, which contains, amongst other things, the time, venue and the detailed agenda of the annual and special meeting, along with a circular concerning certain matters to be considered at the annual and special meeting, will be dispatched to shareholders in due course.

About SouthGobi Resources Ltd.

SouthGobi, listed on the Hong Kong Stock Exchange and the TSX Venture Exchange, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It also holds the mining licences of its other metallurgical and thermal coal deposits in the South Gobi region of Mongolia. SouthGobi produces and sells coal to customers in China.