Announcement on realized loss of individual derivative transaction exceeds the regulated ceiling.

1.Type of contract: Future Contract
2.Date of occurrence of the event: 2025/06/30
3.Contract price: USD 15,475,010.00
4.Monetary value of margin or royalties paid: None
5.Ceiling on losses for aggregate or individual contracts
set forth in the Procedures: 30% of the monetary value of the individual
contract。
6.Reason for derivative transaction: Hedging.
7.Item(s) being hedged: Platinum (raw material).
8.Monetary value of the hedged item(s): USD 15,475,010.00
9.Profit (loss) of the hedged item(s): USD 5,894,515.00 of loss.
10.The losses (including realized and unrealized losses)
assessed using fair value: Sum of realized loss USD 5,894,515.00
11.Reason for occurrence of the losses and the impact to the Company:
The price of platinum has since escalated after the transaction,
resulting in realized loss exceeding 30% of the individual contract value.
12.Contract period:
2025/3/21~6/27
13.Restrictive covenants:None
14.Other important terms and conditions:None
15.Any other matters that need to be specified:None