A working group to oversee implementation of theParliamentary Resolution No.92 “Securing Mongolia’s interest in Oyu Tolgoi mine”was formed by the Decree No.14 of the Chairman of the State Great Hural(Parliament) of Mongolia on February 9, 2021.

On November 21, 2019, the Government of Mongolia adopted aresolution on “Securing Mongolia’s interest in Oyu Tolgoi mine” the first timeafter 10 years of signing of an investment agreement between the Government of Mongoliaand Ivanhoe Mines Mongolia Ink Ltd, Ivanhoe Mines Limited, Rio TintoInternational Holdings Ltd on October 6, 2009. It has been a year since thisresolution with seven measurements to secure Mongolia’s interest in the OyuTolgoi mine operation has been approved.

The newly formed working group led by Mr.AyursaikhanTumurbaatar, Vice Chairman of the State Great Hural (Parliament) of Mongolia tooversee the implementation of the No.92 Resolution of the State Great Hural(Parliament) of Mongolia held its first meeting on February 9, 2021. Followingthe meeting, a press conference was held and provided information about theworking group and its mission.