CLARIFICATION ON “SIMANDOU PROTOCOL”

It has come to our attention that there are various articles concerning the “Simandou Protocol” created by Probe Builders
(the “Articles”).

The Articles state, amongst others, that:

In November 2019, SMB-WINNING CONSORTIUM, a consortium set up by Winning International Group from Singapore, China Hongqiao, and UMS Guinea, wins the tender for 360-square-kilometer North Blocks 1&2 of Simandou’s iron ore deposit at the price of $14 billion, and was granted with the Mining Concession at March 2021. The 370-square-kilometer Simandou South Blocks 3 & 4 are held by Simfer S.A, a joint venture between global mining giant Rio Tinto and global aluminum giant Chinalco.

(the “Relevant Paragraph”)

Winning International Group hereby clarifies that the Group, and the SMB-Winning Consortium, China Hongqiao, and UMS Guinea are not related or connected to, or affiliated with, the Simandou Protocol, Probe Builders, and the Probe Ecosystem.

We are contacting the relevant publishers to remove the Relevant Paragraph from the Articles and/or to publish a written clarification that the SMB-Winning Consortium, Winning International Group, China Hongqiao, and UMS Guinea have no relation, connection, or affiliation with the Simandou Protocol, Probe Builders, and the Probe Ecosystem.

For further clarification, kindly contact Mr Lang Jia via email: [langjia@winningshipping.com.sg]