CITIC Resources shareholders approve mandate for potential Alcoa share disposals at minimum US$50 per share

CITIC Resources held a special general meeting on July 15, 2026.

Shareholders adopted a mandate to dispose, in the NYSE open market, of up to 1,691,918 units of beneficial ownership in an Alcoa share and 551,306 Alcoa common shares.

The mandate sets a minimum selling price of US$50 per Alcoa share and runs for 12 months from the resolution date.

Shareholders also authorized directors to determine and execute the disposals during the mandate period, within the approved parameters.