COFCO Joycome Foods : (1) POSTPONEMENT OF THE ANNUAL GENERAL MEETING; (2) CHANGE OF BOOK CLOSURE PERIOD; AND (3) CHANGE OF EXPECTED PAYMENT DATE FOR FINAL DIVIDEND

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(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 01610)

1. 1. POSTPONEMENT OF THE ANNUAL GENERAL MEETING;
   2. 1. CHANGE OF BOOK CLOSURE PERIOD; AND
2. CHANGE OF EXPECTED PAYMENT DATE FOR FINAL DIVIDEND

Reference is made to the annual results announcement for the year ended December 31, 2020 (the "Results Announcement") published by COFCO Joycome Foods Limited (the "Company") on March 18, 2021, in relation to (among others) the date of the forthcoming annual general meeting of the Company (the "Annual General Meeting"), the book closure period, the expected payment date of 2020 final dividend and the record date. Unless otherwise indicated, the terms used in this announcement shall have the same meaning as defined in the Results Announcement.

POSTPONEMENT OF THE ANNUAL GENERAL MEETING

Pursuant to the Results Announcement, the Annual General Meeting is originally scheduled to be held on May 12, 2021. Due to meeting arrangements, the Company has decided to postpone the Annual General Meeting to June 30, 2021 in order to allow time for the preparation of the Annual General Meeting ("Postponement of the Annual General Meeting").

CHANGE OF BOOK CLOSURE PERIOD

The register of members of the Company is originally scheduled to be closed from May 7, 2021 to May 12, 2021, both days inclusive, in order to determine the identity of the shareholders of the Company (the "Shareholders") who are entitled to attend the Annual General Meeting. Due to the Postponement of the Annual General Meeting, the register of members of the Company will now be closed from June 25, 2021 to June 30, 2021, both days inclusive, in order to determine the identity of the Shareholders who are entitled to attend the Annual General Meeting, during which period no transfer of shares of the Company will be registered. In order to be eligible to attend and vote at the Annual General Meeting, all properly completed transfer forms for shares accompanied by the relevant share certificates must be lodged with the Company's branch share registrar in Hong Kong, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong for registration before 4:30 p.m. on June 24, 2021.

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In addition, the register of members of the Company is originally scheduled to be closed from May 18, 2021 to May 21, 2021, both days inclusive, in order to determine the identity of the Shareholders who are entitled to receive the final dividend. Due to the Postponement of the Annual General Meeting, the register of members of the Company will now be closed from July 7, 2021 to July 9, 2021, both days inclusive, in order to determine the identity of the Shareholders who are entitled to receive the final dividend, during which period no transfer of shares of the Company will be registered. In order to qualify for the 2020 final dividend, all properly completed transfer forms accompanied by the relevant share certificates must be lodged with the Company's branch share registrar in Hong Kong, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong for registration before 4:30 p.m. on July 6, 2021.

CHANGE OF EXPECTED PAYMENT DATE FOR FINAL DIVIDEND

The proposed final dividend, subject to approval by the Shareholders at the Annual General Meeting, will be payable to the Shareholders whose names appear on the register of members of the Company on July 9, 2021.

The expected payment date of final dividend will be changed from on or around June 4, 2021 to on or around July 23, 2021.

Save as disclosed above, all information and content contained in the Results Announcement remain unchanged.

By order of the Board

COFCO Joycome Foods Limited

Jiang Guojin

Chairman and executive director

Beijing, PRC, April 28, 2021

As at the date of this announcement, the Board comprises Mr. Jiang Guojin as the chairman of the Board and an executive director, Mr. Xu Jianong as an executive director, Ms. Yang Hong, Dr. Cui Guiyong and Mr. Zhou Qi as non-executive directors, and Mr. Fu Tingmei, Mr. Li Michael Hankin and Dr. Ju Jiandong as independent non-executive directors.

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