REPL::Annual General Meeting::Voluntary

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COURAGE INVESTMENT GROUP LIMITED

勇利投資集團有限公司

(Incorporated in Bermuda with limited liability)

(Hong Kong Stock Code: 1145)

(Singapore Stock Code: CIN)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 30 JUNE 2021

References are made to the circular dated 27 May 2021 (the "AGM Circular") of Courage Investment Group Limited (the "Company") and the notice of annual general meeting of the Company dated the same date included therein. Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as defined in the AGM Circular.

POLL RESULTS OF THE ANNUAL GENERAL MEETING

The Board is pleased to announce that all the proposed resolutions set out in the AGM Notice were duly passed by the Shareholders at the AGM held on 30 June 2021 by way of poll.

Details of the poll results are set out as follows:

		Ordinary Resolutions	Number of Votes (%)
		For	Against
1.	To receive, consider and adopt the audited consolidated	605,515,675	0
	financial statements of the Company and the report of the	(100.00%)	(0.00%)
	directors and of the auditor for the year ended 31 December
	2020.
2.	(i)	To re-elect Dr. Feng Xiaogang as Executive Director	605,515,675	0
		of the Company.	(100.00%)	(0.00%)
	(ii)	To re-elect Ms. Wang Yu as Executive Director of the	605,515,675	0
		Company.	(100.00%)	(0.00%)
	(iii)	To re-elect Ms. Sin Pui Ying as Executive Director of	605,515,675	0
		the Company.	(100.00%)	(0.00%)
	(iv)	To re-elect Mr. Zhou Qijin as Independent Non-	605,515,675	0
		executive Director of the Company.	(100.00%)	(0.00%)
	(v)	To re-elect Mr. Pau Shiu Ming as Independent Non-	605,515,675	0
		executive Director of the Company.	(100.00%)	(0.00%)
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		Ordinary Resolutions	Number of Votes
			For	Against
	(vi)	To authorise the Board of Directors to fix the	605,515,675	0
		remuneration of the directors of the Company.	(100.00%)	(0.00%)
3.	To re-appoint Deloitte Touche Tohmatsu as auditor of the	605,515,675	0
	Company and to authorise the Board of Directors to fix its	(100.00%)	(0.00%)
	remuneration.
4.	(A)	To grant a general mandate to the directors of the	605,515,675	0
		Company to allot, issue and deal with the Company's	(100.00%)	(0.00%)
		shares, in terms as set out in ordinary resolution 4(A)
		in the notice of the AGM.
	(B)	To grant a general mandate to the directors of the	605,515,675	0
		Company to repurchase the Company's own shares,	(100.00%)	(0.00%)
		in terms as set out in ordinary resolution 4(B) in the
		notice of the AGM.
	(C)	To approve the extension of the general mandate	605,515,675	0
		granted to the directors of the Company to allot, issue	(100.00%)	(0.00%)
		and deal with the Company's shares, in terms as set
		out in ordinary resolution 4(C) in the notice of the
		AGM.

Note: Please refer to the AGM Notice for the full version of the above resolutions.

As more than 50% of the votes were cast in favour of each of the above resolutions, all the above resolutions were duly passed as ordinary resolutions of the Company.

As at the date of the AGM, the total number of issued Shares was 1,097,703,568 Shares, which was the total number of Shares entitling the holders thereof to attend and vote for or against all the resolutions proposed at the AGM. There were no restrictions on the Shareholders to cast votes on any of the resolutions proposed at the AGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of the resolutions at the AGM as set out in Rule 13.40 of the Hong Kong Listing Rules. There were no Shareholders that were required under the Hong Kong Listing Rules to abstain from voting at the AGM or stated their intention in the Circular to vote against or to abstain from voting on the resolutions proposed at the AGM.

Tricor Investor Services Limited, the Company's Hong Kong branch share registrar and transfer office, and Ardent Business Advisory Pte. Ltd., an independent external accounting firm were appointed as the scrutineers for the vote-taking at the AGM.

By Order of the Board

Courage Investment Group Limited

Feng Xiaogang

Chairman

Hong Kong, 30 June 2021

As at the date of this announcement, the Board comprises three Executive Directors, namely Dr. Feng Xiaogang (Chairman), Ms. Wang Yu and Ms. Sin Pui Ying; and three Independent Non-executive Directors, namely Mr. Zhou Qijin, Mr. Pau Shiu Ming and Mr. Tsao Hoi Ho.

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