Fairwood : Precautionary Measures for Annual General Meeting and Special General Meeting held on 10 September 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.

PRECAUTIONARY MEASURES FOR

ANNUAL GENERAL MEETING AND SPECIAL GENERAL MEETING

HELD ON 10 SEPTEMBER 2020

Reference are made to (i) the notice and circular of Fairwood Holdings Limited (the ''Company'') both dated 31 July 2020 relating to the Annual General Meeting of the Company to be held at 2nd Floor, TRP Commercial Centre, 18 Tanner Road, North Point, Hong Kong (the ''Venue'') on Thursday, 10 September 2020 at 4:00 p.m. (the ''AGM''); and (ii) the notice and circular of the Company both dated 21 August 2020 relating to the Special General Meeting of the Company to be held at the Venue on Thursday, 10 September 2020 at 4:30 p.m. or immediately after conclusion of the AGM, whichever is later (the ''SGM''). Unless otherwise stated, capitalized terms used herein shall have the same meanings as those defined in the aforesaid documents.

In view of the situation of COVID-19 and the Prevention and Control of Disease (Prohibition on Group Gathering) Regulation (Chapter 599G of the Laws of Hong Kong) (the ''Regulation''), the Company shall implement the following preventive and control measures at the AGM and SGM (the ''Meetings'') with a view to addressing the risk to attending Shareholders and other attendees of infection:

1. Mandatory body temperature checks will be conducted on every Shareholder, proxy and other attendees at the entrance of the Venue. Any person with a body temperature of over 37.5 degrees Celsius or has any symptom of COVID-19 may be denied entry into or be required to leave the Venue;
2. Every Shareholder, proxy and other attendees must wear surgical face masks inside the Venue at all the times;
3. There will be disinfection of hands and footwear at the entrance of the Venue;
4. Any person who has travelled outside Hong Kong within 14 days immediately before the Meetings (''recent travel history''), is subject to quarantine or self-quarantine in relation to COVID-19, or has close contact with any person under quarantine or with recent travel history shall not attend the Meetings;

- 1 -

1. Every Shareholder, proxy and other attendees will be required to submit a signed and completed health declaration form prior to being admitted to the Venue. Any person who has given a positive confirmation(s) to any of the questions asked in the health declaration form may not be admitted to the Venue;
2. No distribution of corporate gift and no refreshment is to be served; and
3. Seating at the Venue will be arranged to allow appropriate social distancing. As a result, Shareholders, proxy and other attendees shall be admitted on a ''first-come-first-served'' basis due to limited capacity for attending the Meetings.

The Company would like to remind all Shareholders that physical attendance in person at the Meetings is not necessary for the purpose of exercising their voting rights. As an alternative, by using proxy forms with voting instructions inserted, Shareholders may appoint the Chairman of the Meetings as their proxy to vote on the relevant resolution(s) at the AGM and SGM instead of attending the AGM and SGM in person.

The Company shall take any other arrangement as required to be implemented for compliance with the Regulation as amended, supplemented or otherwise modified from time to time. Shareholders are advised to visit the Company's website for further announcements and updates on the meeting arrangements that may be issued.

By Order of the Board

Mak Yee Mei

Company Secretary

Hong Kong, 21 August 2020

As at the date of this announcement, the Directors of the Company are:

Executive Directors: Mr Dennis Lo Hoi Yeung (Executive Chairman), Mr Lo Fai Shing Francis (Chief Executive Officer), Ms Mak Yee Mei and Ms Peggy Lee;

Non-executive Director: Mr Chan Chee Shing; and

Independent Non-executive Directors: Mr Ng Chi Keung, Mr Joseph Chan Kai Nin, Dr Peter Lau Kwok Kuen, Mr Tony Tsoi Tong Hoo and Mr Peter Wan Kam To.

Website: www.fairwoodholdings.com.hk

- 2 -