Ivanhoe Mines announces results of voting for the election of directors Shareholders also overwhelmingly approve CITIC Metal Africa’s additional C$612 million (US$464 million) investment in Ivanhoe Mines

June 28, 2019

Ivanhoe Mines announces results of voting for the election of directors

Shareholders also overwhelmingly approve CITIC Metal Africa’s

additional C$612 million (US$464 million) investment in Ivanhoe Mines

VANCOUVER, CANADA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced the results of

voting by shareholders for the election of the Board of Directors during the company’s Annual

and Special Meeting held earlier today. The nominees listed in the management proxy circular

dated May 16, 2019, were elected as directors, as shown in the following table of results.

Director nominee Outcome Votes for % for Votes withheld % withheld

Robert M. Friedland Elected 779,270,671 98.31 13,427,419 1.69

Yufeng (Miles) Sun Elected 777,134,193 98.04 15,563,897 1.96

Egizio Bianchini Elected 777,271,791 98.05 15,426,299 1.95

Tadeu Carneiro Elected 779,261,113 98.30 13,436,977 1.70

Jinghe Chen Elected 792,281,390 99.95 416,700 0.05

William B. Hayden Elected 789,205,896 99.56 3,492,194 0.44

Livia Mahler Elected 788,497,200 99.47 4,200,890 0.53

Peter G. Meredith Elected 776,266,373 97.93 16,431,717 2.07

Kgalema P. Motlanthe Elected 781,215,274 98.55 11,482,816 1.45

Guy J. de Selliers Elected 777,236,656 98.05 15,461,434 1.95

Shareholders also voted 99.93% in favour of passing the ordinary resolution approving the

issuance of 153,821,507 Class A shares to CITIC Metal Africa Investments Limited under the

terms of a Subscription Agreement dated April 25, 2019 between Ivanhoe and CITIC Metal

Africa, a direct subsidiary of CITIC Metal Co., Ltd., whereby CITIC Metal Africa has agreed to

invest an additional C$612 million (approximately US$464 million) in Ivanhoe Mines at C$3.98

per share. The CITIC Metal Africa investment has received CITIC Metal’s internal approvals

and is expected to close no later than September 7, 2019.

Details of votes on all matters of business considered at the Annual and Special Meeting will

be available in the company’s report of voting results on SEDAR (www.sedar.com).

Information contacts

Investors Media

Bill Trenaman +1.604.331.9834 Kimberly Lim +1.778.996.8510

Website www.ivanhoemines.com