Invitation to Participate in Karara Mining Limited’s Material Lifespan Extension and Cost Reduction Initiative

关于卡拉拉矿业有限公司开展物料长寿化和采购降本活动的通知

Karara Mining Limited cordially invites suppliers to participate in our material lifespan extension and cost reduction initiative for equipment spare parts and materials. To ensure the success of this initiative, we have established an Operations Optimisation Team. This team will ensure productive technical exchanges and implementation with all participating suppliers.

卡拉拉矿业有限公司诚邀各界供应商，参加本公司设备备件、材料长寿化和采购降本活动。为成功开展此项活动，公司成立了设备运行改善团队，该团队可以保证和参与活动的供应商开展富有成效的技术交流和推进落实。

• Key Activities

• 活动重点内容

1. Focus on extending the lifespan of equipment spare parts and materials, aiming for maximum longevity and durability.

1. 以延长设备备件材料寿命为主要方向，实现寿命最长为目标开展长寿化工作。

2. Prices should be reduced by more than 10% under the same material lifespan conditions. If the lifespan is slightly reduced, but the material price significantly drops, this will also be acceptable.

2. 在物料同等寿命的条件下，价格下降10%以上。如果寿命略有降低，但物料价格大幅下降也可接受。

• Collaboration Process

• 合作流程

1. Please contact the Operations Optimisation Team:

1. 请各界优秀供应商与卡拉拉设备运行改善团队联系。

2. Excellent suppliers are required to demonstrate their previous successful collaboration and achievements with major mining companies.

2. 需要各界优秀供应商提供之前跟各大矿山企业的合作业绩。

3. Karara will invite qualified suppliers to participate in on-site technical trials. Upon successful outcomes, the suppliers can become potential suppliers for Karara and participate in tendering.

3. 卡拉拉公司邀请具备能力的供应商参加现场工业试验，试验成功后可成为卡拉拉的潜在供应商，并参与投标。

Karara Mining Limited

卡拉拉矿业有限公司

6 June 2024

2024年6月6日

Karara Mining 10 years’ Service Anniversary Event 2022

On 5 November 2022, we were honoured to have hosted our 42 employees, along with their significant other, who came together from various regions of WA, celebrated their 10 years’ service anniversary working at Karara Mining.

The event was held at The Westin Hotel where attendees were served with great food & drinks. We had awards presentation to our employees as well as a surprise gift for their guest. For keepsake, a photobooth was also set up for attendees at the event. It was great to see attendees coming together from various departments & locations, catching up with one another and celebrating the event. A great achievement in itself!

Our CEO Mr Changjiang Zhu highlighted in his speech on the day, the employees who have reached their 10th service anniversary have witnessed the Karara Iron Ore Project from construction and commissioning to fully operational in 2013 and to fruition of success today. The event was held to recognise their commitment, contribution, and loyalty to the Company. The appreciation was also extended to our employees’ guests for their unconditional support to our employees throughout their journey at Karara Mining.

We would also like to thank the colleagues who were on-shift on the day for the work coverage, to allow your fellow teammates to be able to celebrate this significant achievement together in Perth. Thank you for demonstrating Karara Values.

We look forward to 10 years’ service anniversary celebrations with more of you next year and the years to come!