With insufficient certainty on Zijin's commitment to a control transaction or extension to the Put Option Exercise Period, the Xanadu Board has re-initiated the shareholder approval process, to give Xanadu sufficient time to exercise the 25% Put Option (if approved) prior to the expiry date. An Extraordinary General Meeting ( EGM ) has been scheduled for 4 June 2025 whereby Xanadu shareholders will be invited to consider, and if thought fit, approve the exercise of the 25% Put Option. Please refer to the Notice of Meeting 2 for details including the Xanadu Board's recommendation and advice from the Company's independent expert.