JAPFA LTD

(Company Registration Number: 200819599W) (Incorporated in Singapore on 8 October 2008)

PROPOSED ACQUISITION OF CHINA DAIRY FARMS (the "Proposed Transaction")

1. INTRODUCTION

The board of directors (the "Board") of Japfa Ltd. (the "Company" and together with its subsidiaries, the "Group") refers to the Proposed Transaction announced on Monday, 28 June 2021 made by the Company (the "Announcement").

All capitalised terms used in this announcement shall, unless otherwise defined or provided for herein, have the same meanings as used in the Announcement.

2. COMPLETION OF THE PROPOSED TRANSACTION

The Board is pleased to announce that the Proposed Transaction has been completed and the company has taken control of Falcon Group as of 5.00pm on 30 June 2021.

By Order of the Board

Japfa Ltd

Tan Yong Nang

Executive Director and Chief Executive Officer

Date: 1 July 2021

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Disclaimer

Japfa Ltd. published this content on 01 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2021 23:40:05 UTC.