Kirin Holdings Company, Limited (President and CEO: Yoshinori Isozaki, hereafter, 'Kirin') announced on February 16, 2022 in 'Notice Regarding Change in Equity Method Affiliate (Transfers of Shares) and Recording gain on sale of shares' that Kirin agreed with Plateau Consumer Limited (CEO: Dong Yi, hereafter, 'Plateau') to transfer its equity interest in China Resources Kirin Beverages (Greater China) Company, Limited (Chairman of the Board: Zhang Weitong), the holding company of China Resources C'estbon Beverage (China) Investment Company, Limited (CEO: Zhang Weitong) which operates a beverage business centered on water in China, joint venture with China Resources Enterprise, Limited (Chairman of the Board: Chen Ying), to Plateau (hereafter the 'Transfer of Shares') and executed a share purchase agreement. The Company hereby gives notice that the transfer of the shares was completed on August 5, 2022.

The amount of share transfer price was approximately 120.0 billion yen. In addition, a gain of approximately 50.0 billion yen (before tax) on the sale of shares related to this stock transfer is expected to be recorded in the consolidated financial results for the third quarter of the fiscal year ending December 31, 2022.

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