Minmetals Land : VOTING RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 19 MARCH 2021

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(Incorporated in Bermuda with limited liability)

(Stock Code: 230)

VOTING RESULTS OF THE SPECIAL GENERAL MEETING

HELD ON 19 MARCH 2021

Reference is made to the circular (the "Circular") and the notice of special general meeting of Minmetals Land Limited (the "Company") both dated 25 February 2021. Terms used herein shall have the same meanings as defined in the Circular unless the context requires otherwise.

The Board is pleased to announce that the resolution raised at the SGM held on 19 March 2021 was duly passed by Independent Shareholders by way of poll.

As at the date of the SGM, the total number of issued Shares is 3,346,908,037 Shares. As disclosed in the Circular, June Glory (the controlling shareholder of the Company holding 2,071,095,506 Shares, representing approximately 61.88% of the total number of issued Shares as at the date of this announcement) and its associates were required to and had abstained from voting on the resolution raised at the SGM. The Independent Shareholders holding the remaining 1,275,812,531 Shares (representing approximately 38.12% of the total number of issued Shares as at the date of this announcement) were entitled to attend the SGM and vote for or against the resolution raised at the SGM. Save for the above, there was no Shareholder who was required to abstain from voting at the SGM, or who entitled to attend the SGM but was only entitled to vote against the resolution raised at the SGM.

Computershare Hong Kong Investor Services Limited, the branch share registrar of the Company, was appointed as the scrutineer for the purpose of the poll voting at the SGM.

The voting result of the SGM is set out as follows:

Number of Votes (%)

Ordinary Resolution

To approve, confirm and ratify the financial services framework agreement dated 2 February 2021 and the proposed annual caps for the deposit services under the framework agreement for the three years from 20 April 2021 to 19 April 2024.

Note:The number of votes and percentage as stated above is based on the total number of Shares held by the Independent Shareholders who voted at the SGM.

As more than 50% of the votes were cast in favour of the above resolution, the above resolution was duly passed as an ordinary resolution of the Company.

By order of the Board

He Jianbo Chairman

Hong Kong, 19 March 2021

As at the date of this announcement, the Board comprises eight Directors, namely Mr. He Jianbo as the Chairman and an executive Director, Mr. Liu Bo, Mr. Chen Xingwu and Mr. Yang Shangping as executive Directors, Ms. He Xiaoli as a non-executive Director, and Mr. Selwyn Mar, Mr. Lam Chung Lun, Billy and Ms. Law Fan Chiu Fun, Fanny as independent non-executive Directors.