COFCO Meat : CLARIFICATION ANNOUNCEMENT IN RELATION TO THE INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED JUNE 30, 2020

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 01610)

CLARIFICATION ANNOUNCEMENT IN RELATION TO

THE INTERIM RESULTS ANNOUNCEMENT

FOR THE SIX MONTHS ENDED JUNE 30, 2020

Reference is made to the interim results announcement for the six months ended June 30, 2020 (the "Announcement") of COFCO Meat Holdings Limited (the "Company") dated August 25, 2020. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Company found inadvertent clerical errors contained in the Announcement, and hereby makes the following clarification (the amendments are shown in shadowedbelow for easy reference, whereas all amendments will be reflected in the 2020 interim report of the Company).

The content under "11. Dividend" on page 13 of the Announcement is as below:

On June 2, 2020, a final dividend of Hong Kong Dollar ("HKD") 0.048 (equivalent to RMB0.044) per share, equivalent to dividend of HKD187,296,000 (equivalent to RMB171,705,000) was declared to shareholders for the year ended December 31, 2019 by the Company. The dividend was paid in July 2020. In August 2020, the board of directors of the Company recommended the declaration of interimdividend of HK$0.118 per share and in aggregate of approximately HK$460 million (for the six months ended June 30, 2019: HK$0) for the six months ended June 30, 2020.

Save for the aforesaid, all information and contents set out in the Announcement shall remain unchanged.

By order of the Board

COFCO Meat Holdings Limited

Jiang Guojin

Chairman and executive director

Beijing, PRC, August 26, 2020

As at the date of this announcement, the Board comprises Mr. Jiang Guojin as the chairman of the Board and the executive director, Mr. Xu Jianong as the executive director, Ms. Yang Hong, Dr. Cui Guiyong, Mr. Zhou Qi and Mr. Zhang Lei 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.