IBI : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 18 SEPTEMBER 2020

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IBI Group Holdings Limited

(incorporated in the Cayman Islands with limited liability)

(Stock code: 1547)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 18 SEPTEMBER 2020

The Board is pleased to announce that all the Proposed Resolutions as set out in the AGM Notice were duly passed by the Shareholders by way of poll at the 2020 AGM.

Reference is made to the circular (the ''Circular'') of IBI Group Holdings Limited (the ''Company'') and the notice (the ''AGM Notice'') of the annual general meeting of the Company (the ''2020 AGM'') both dated 24 July 2020. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that all the proposed resolutions (the ''Proposed Resolutions'') as set out in the AGM Notice were duly passed by the Shareholders by way of poll at the 2020 AGM held on Friday, 18 September 2020.

As at the date of the 2020 AGM, there were 800,000,000 issued Shares entitling the Shareholders to attend and vote for or against the Proposed Resolutions at the 2020 AGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of the Proposed Resolutions at the 2020 AGM pursuant to Rule 13.40 of the Listing Rules.

None of the Shareholders was required under the Listing Rules to abstain from voting on the Proposed Resolutions at the 2020 AGM. None of the Shareholders have stated in the Circular their intention to vote against or to abstain from voting on any of the Proposed Resolutions at the 2020 AGM.

Tricor Investor Services Limited, the Hong Kong branch share registrar and transfer office of the Company, was appointed and acted as the scrutineer for the vote-taking at the 2020 AGM.

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The poll results in respect of all the Proposed Resolutions put to the vote at the 2020 AGM are set out as follows:

			Number of votes
		Ordinary resolutions	(Approximate %)(Note)
			For	Against
1.	To receive and adopt the audited consolidated	644,151,960	0
	financial statements and the reports of the Directors	(100%)	(0%)
	and independent auditor of the Company for the year
	ended 31 March 2020.
2.	(i)	To re-elect Mr. Neil David Howard as an	644,151,960	0
		executive Director.	(100%)	(0%)
	(ii)	To re-elect Mr. Steven Paul Smithers as an	644,151,960	0
		executive Director.	(100%)	(0%)
3.	To authorise the Board to fix the Directors'	644,151,960	0
	remuneration for the year ending 31 March 2021.	(100%)	(0%)
4.	To re-appoint BDO Limited as the independent	644,151,960	0
	auditor of the Company for the ensuing year and	(100%)	(0%)
	authorise the Board to fix its remuneration.
5.	To grant a general mandate to the Directors to allot,	644,151,960	0
	issue and otherwise deal with the Shares.	(100%)	(0%)
6.	To grant a general mandate to the Directors to	644,151,960	0
	repurchase the Shares.	(100%)	(0%)
7.	Conditional upon the passing of resolution nos. 5 and	644,151,960	0
	6 set out in the AGM Notice, to extend the general	(100%)	(0%)
	mandate granted by resolution no. 5 by adding thereto
	the Shares repurchased pursuant to the general
	mandate granted by resolution no. 6.

• For the full text of all the Proposed Resolutions, please refer to the AGM Notice as contained in the Circular.

Note: The number of votes and the approximate percentage of the votes as stated above are based on the total number of issued Shares held by the Shareholders who attended and voted at the 2020 AGM in person, by authorised representative or by proxy.

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

By order of the Board

IBI Group Holdings Limited

Neil David Howard

Chairman

Hong Kong, 18 September 2020

As at the date of this announcement, the executive Directors are Mr. Neil David Howard and Mr. Steven Paul Smithers; and the independent non-executive Directors are Mr. Richard Gareth Williams, Mr. Robert Peter Andrews and Mr. David John Kennedy.

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