Yashili International : CLOSURE OF REGISTER OF MEMBERS

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Yashili International Holdings Ltd

雅 士 利 國 際 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1230)

CLOSURE OF REGISTER OF MEMBERS

Reference is made to the announcement of Yashili International Holdings Ltd (the ''Company'') dated

19 November 2019 in relation to, among others, the 2020 Supply Agreement (the ''Announcement''). Unless otherwise stated, terms used herein shall have the same meaning as those defined in the Announcement.

Notice is hereby given that for the purpose of determining the entitlement to attend and vote at the EGM, the Register of Members of the Company will be closed from Tuesday, 24 December 2019 to Tuesday, 31 December 2019 (both days inclusive), during which period no transfer of shares will be registered. In order to be eligible to attend and vote at the EGM, unregistered holders of shares of the Company shall ensure that all transfer documents accompanied by the relevant share certificates must be lodged with the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong not later than 4:30 p.m. on Monday, 23 December 2019.

The Company expects to despatch the circular containing, inter alia, details of the 2020 Supply Agreement, the advice from the independent board committee of the Company and the advice from the independent financial adviser of the Company to the independent board committee and independent Shareholders of the Company, together with the notice convening the EGM, together with the notice of the EGM and proxy form on 12 December 2019.

By order of the Board

Yashili International Holdings Ltd

雅士利國際控股有限公司

Kwok Wai Cheong, Chris

Company Secretary

Hong Kong, 10 December 2019

As at the date of this announcement, the Board comprises: Mr. Jeffrey, Minfang Lu (Chairman), Mr. Qin Peng, Mr. Zhang Ping and Mr. Gu Peiji (alias Philip Gu) as non-executive directors; Mr. Chopin Zhang as executive director; and Mr. Mok Wai Bun Ben, Mr. Cheng Shoutai and Mr. Lee Kong Wai Conway as independent non-executive directors.