According to Article No 2.1 of "Rules to purchase and make an offer to purchase shares of listed companies" by the FRC, "Ard Financial Group" JSC, a controlling shareholder of "Undurkhaan" JSC, has made a tender offer to purchase 49,900 common shares at the price of MNT 10,660 per share from other shareholders.

Offering price:                                                                                MNT 10,660

Number of shares to purchase:                                                    49,900 

The commencement date of the offer to purchase shares:       November 24, 2023.

The expiration date of the offer to purchase shares:                 December 25, 2023.

Payment date:                                                                                 December 27, 2023.

Address: 17th floor of "Central tower" office, 8th khoroo, Sukhbaatar district, Ulaanbaatar

Telephone: 77078080

E-mail: info@ardholdings.com

MONGOLIAN STOCK EXCHANGE