5 FREQUENTLY ASKED QUESTIONS AND ANSWERS REGARDING DIVIDEND

2020-03-02
Due to the distribution of dividends for the first time, “Erdenes-Tavantolgoi” JSC announced that they would provide information at 1:00 pm, on every Monday. Today, CEO of “”Erdenes-Tavantolgoi JSC Mr. Gankhuyag.B, and CEO of Mongolian Central Securities Depository Mrs. Baigalmaa.J held a press conference. Over the last 7 days, 150,000 citizens visited “Erdenes-Tavantolgoi JSC's system and received information and inquiries regarding 1072 shares. A total of 80,000 citizens registered with the system, and 63,000 checked number of their dividends.
  • Accessed the web site – 15,300
  • Android users -35,200 
  • IOS users – 14,300
  • Inquired number of their 1072 shares on the system – 150,000
  • Logged in to the system - 111.600
  • Registered to the system – 80,500
  • 63,600 of them checked number of their shares 
  • Called 1800-1072 to get information – 3750
  • Received information through Facebook page – 4210 
5 FREQUINTLY ASKED  QUESTIONS AND ANSWERS  
Questions Answers
How many shares do I have? 40% Official information will be provided to citizens through the ETT Integrated Registration Application regarding the dividend distribution decision. By downloading the app, citizens will be able to check and track their shares, get news, contact ETT and vote.
Can shares of the deceased be inherited? 30% After 1072 shares of ETT are opened on the domestic stock exchange, the inheritance and gift right will be opened in accordance with the Financial Regulatory Commission's "Revised Procedure for Granting and Passing Securities Ownership Rights to Others." In the case of inheritance by a client to receive funds from the Central Depository account by inheritance, it is based on the inheritance certificate, ID card of the heir, and the like, a death certificate of the deceased, the recipient's application, and the transaction payment receipt.
Why is there a difference in the number of shares? 15%
  • If you have 1068 shares – it means you have received 8040 tugrug of health insurance in 2011, deducting 9 shares.
  • If you have 964 shares – it means you have sold your shares to the Government and received MNT 100,142, and 108 shares were deducted.
  • If you have 857 shares - it means you have sold your shares to the Government and received MNT 200,284 and 215 shares were deducted.
  • If you have 750 shares – it means you have sold your shares to the Government and received MNT 300,426 and 322 shares were deducted 
  • If you have 527 shares – You have received MNT 500,000 as a tuition fee, MNT 8,040 as a health insurance in 2011 and 545 shares were deducted.  
  • If you have 544 shares – You have received MNT 491,960 as a tuition fee in 2012 and 528 shares were deducted.   
  • If you have 536 shares - it is applicable to citizens of Mongolia who are deceased between 2011/03/11/2012/04/11 or no longer a citizen.  
When will the dividends be paid? 10% Dividends shall be provided in accordance with the applicable law from May 01, 2020. The dividends will be credited to the active bank account of that citizen. In doing so, the citizen should apply to the brokerage company where his stock account is opened and then register with the dividend bank account to receive dividends. Dividends on this registered account will be effective after May 1, 2020.
Where and how can I open my account 5%
 During this emergency preparedness, citizens have the opportunity to open accounts online without having to go out. Currently, 11 brokerage companies are opening their accounts online.

Information on distributing dividends is available on official sources as the company’s website www.ett.mn, company’s official page, ETT application, official page of 1072 information center and a special phone line 1800-1072. In this regard, ETT will provide information on dividends and company activities on every Monday at 1:00 pm until the Shareholders' Meetings.