Yashili International : POLL RESULTS AT THE EXTRAORDINARY GENERAL MEETING HELD ON 31 DECEMBER 2019

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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)

POLL RESULTS AT THE EXTRAORDINARY GENERAL MEETING

HELD ON 31 DECEMBER 2019

At the extraordinary general meeting (the ''EGM'') of Yashili International Holdings Ltd (the ''Company'') held at Hennessy Room, Level 7, Conrad Hong Kong, Pacific Place, 88 Queensway, Hong Kong on Tuesday, 31 December 2019, the proposed resolution as set out in the notice of the EGM dated 12 December 2019 was taken by poll. The poll results are as follows:

Ordinary Resolution	Number of Votes (%)
For	Against
(a) To approve the 2020 Supply Agreement (as defined in the	2,957,838,420	2,000
circular of the Company dated 12 December 2019 (the	(99.999932%)	(0.000068%)
''Circular'')) and the transactions contemplated thereunder
(including the proposed annual cap for the transactions
contemplated thereunder for the year ending 31 December
2020 as described in the Circular);

1. To authorise any one director of the Company or any two directors of the Company, if the affixation of the common seal is necessary, to for and on behalf of the Company to do all such things and exercise all powers which he/they consider(s) necessary, desirable or expedient in connection with the 2020 Supply Agreement, and otherwise in connection with the implementation of the transactions contemplated thereunder, including, without limitation, the execution, amendment, supplement, delivery, waiver, submission and implementation of any further agreements, deeds or other documents.

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As a majority of the votes were cast in favour of the resolution, the resolution was duly passed as an ordinary resolution.

As at the date of the EGM, the total number of issued shares of the Company was 4,745,560,296 ordinary shares.

Danone Asia Baby Nutrition Pte. Ltd., a substantial shareholder of the Company holding 1,186,390,074 ordinary shares of the Company, is required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to abstain from and had abstained from voting on the resolution approving the 2020 Supply Agreement and the transactions thereunder at the EGM. Save as disclosed above, to the best of the knowledge, information and belief of the directors of the Company, no other shareholder of the Company (the ''Shareholder'') has material interest in the resolution and is required to abstain from voting at the EGM. Therefore, the total number of shares entitling the holders to attend and vote on the resolution at the EGM was 3,559,170,222 ordinary shares.

No Shareholder was entitled to attend and abstain from voting in favour of the resolution at the EGM, nor did any Shareholder state their intention in the Circular to vote against the resolution.

The Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the poll at the EGM.

By Order of the Board of directors of Yashili International Holdings Ltd 雅士利國際控股有限公司

Kwok Wai Cheong, Chris

Company Secretary

Hong Kong, 31 December 2019

As at the date of this announcement, the board of directors of the Company 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.

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