COFCO Meat : NOTICE OF EGM

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, 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 notice.

(incorporated in Cayman Islands with limited liability)

(Stock code: 01610)

NOTICE OF EGM

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the "EGM") of COFCO Meat Holdings Limited (the "Company") will be held at 1:30 p.m. on Friday, 15 November 2019 at Room 3011, COFCO Fortune Plaza, No.8 Chao Yang Men South Street, Chaoyang District, Beijing, PRC, for the purpose of considering and, if thought fit, passing with or without amendments, the following resolutions:

"THAT

1. the Supplemental Mutual Supply Agreement ("Supplemental Mutual Supply Agreement") dated 9 September 2019 entered into between the Company and COFCO Corporation ("COFCO") in relation to the Revised Annual Caps and the New Continuing Connected Transaction (a copy of which has been produced to the EGM marked "A" and initialled by the chairman of the EGM for identification purpose) be and is hereby ratified, confirmed and approved;
2. (i) the revised annual caps for the three years ending 31 December 2021 of RMB607,000,000, RMB1,480,000,000 and RMB1,480,000,000 in relation to the Transaction for purchase of central reserved meat contemplated under the Supplemental Mutual Supply Agreement; (ii) the revised annual caps for the three years ending 31 December 2021 of RMB279,500,000, RMB1,554,500,000 and RMB2,044,500,000 in relation to the Transaction for supply of central reserved meat contemplated under the Supplemental Mutual Supply Agreement be and are hereby confirmed and approved;
3. New Continuing Connected Transaction (as defined in the Circular) contemplated under the Supplemental Mutual Supply Agreement be and are hereby confirmed and approved;
4. the directors of the Company be and are hereby authorised to execute such other documents, do all other acts and things and take such action as they may consider necessary, desirable or expedient to implement and/or give effect to or otherwise in connection with Supplemental Mutual Supply Agreement and any or all the matters contemplated in the Supplemental Mutual Supply Agreement."

By order of the Board

COFCO Meat Holdings Limited

Jiang Guojin

Chairman and executive Director

Hong Kong, 29 October 2019

- 1 -

Note:

1. The register of members of the Company will be closed from Tuesday, 12 November 2019 to Friday, 15 November 2019, both days inclusive, during which no transfers of shares will be registered. In order to qualify for attendance and voting at the EGM, all transfer documents should be lodged for registration 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 before 4:30 p.m. on Monday, 11 November 2019.
2. The resolution set out in this Notice of EGM will be voted on by poll.
3. Any member of the Company entitled to attend and vote at the EGM is entitled to appoint one or more proxies to attend and vote for him. A proxy need not be a member of the Company.
4. A form of proxy for use at the EGM is enclosed. To be valid, the proxy form, together with the power of attorney or other authority (if any) under which it is signed, or a certified copy of that power of attorney or authority, must be deposited at 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 as soon as possible and in any event not less than 48 hours before the time scheduled for holding the EGM or any adjournment of it.
5. Where there are joint holders of any share, any one of such holders may vote at the EGM, either in person or by proxy, in respect of such shares as if he were solely entitled to vote, but if more than one of such joint holders are present at the EGM in person or by proxy, the person so present whose name stands first in the register of members of the Company in respect of such share shall alone be entitled to vote in respect of it.
6. Completion and return of the form of proxy will not preclude a member from attending the EGM and voting in person at the EGM or any adjourned meeting if he so desires. If a member attends the EGM after having deposited the form of proxy, his form of proxy will be deemed to have been revoked.
7. The EGM is expected to last for no more than half a day. Shareholders who attend the EGM shall bear their own travelling and accommodation expenses.

As at the date of this notice, the board of directors of the Company comprises Mr. Jiang Guojin as the chairman of the Board and the executive director, Mr. Xu Jianong as the executive director, Ms. Yang Hong, Mr. Wolhardt Julian Juul, Dr. Cui Guiyong, Mr. Zhou Qi, Mr. Zhang Lei and Dr. Huang Juhui as non-executive directors, and Mr. Fu Tingmei, Mr. Li Michael Hankin, Mr. Lee Ted Tak Tai and Dr. Ju Jiandong as independent non-executive directors.

- 2 -