According to Article No.2 of "Rules to purchase and make an offer to purchase shares of listed companies" by the FRC dated March 20, 2019, "Tavan Bogd Trade" LLC, a controlling shareholder of " Juulchin Duty-Free" JSC, has made a tender offer to purchase common shares from other shareholders.

Offering price:                                                                               MNT 69,700

Number of shares to purchase:                                                    46,355

The commencement date of the offer to purchase shares:       December 23, 2022

The expiration date of the offer to purchase shares:                 January 24, 2023

Payment date:                                                                                January 26, 2023

Address: #1001, 10th floor of "Khaan bank tower" office, 15th khoroo, Khan-Uul district, Ulaanbaatar

Telephone: 72727282

E-mail: cr@tavanbogdcapital.com

MONGOLIAN STOCK EXCHANGE