Safety Godown : PRECAUTIONARY MEASURES AND SPECIAL ARRANGEMENTS FOR 2020 ANNUAL GENERAL MEETING

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.

SAFETY GODOWN COMPANY, LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 237)

PRECAUTIONARY MEASURES AND SPECIAL ARRANGEMENTS FOR

2020 ANNUAL GENERAL MEETING

Reference is made to the circular (the "Circular") and the notice (the "Notice") of annual general meeting of the Company (the "AGM") both dated 15 July 2020 in relation to the AGM to be held at Unit 1806, 18/F., Lu Plaza, 2 Wing Yip Street, Kwun Tong, Kowloon, Hong Kong (the "AGM Venue") on Friday, 14 August 2020 at 1:00 p.m. The Company confirms that it proposes to hold the AGM as scheduled. Unless otherwise stated, capitalized terms used herein shall have the same meanings as those defined in the Circular and the Notice.

RECOMMENDATION TO VOTE BY PROXY

The Company reminds Shareholders that they should carefully consider the risks of attending the AGM in person, taking into account their own personal circumstances. Furthermore, the Company would like to remind Shareholders that physical attendance in person at the AGM is not necessary for the purpose of exercising their voting rights and strongly recommends Shareholders to appoint the Chairman of the AGM as their proxy and submit their forms of proxy as early as possible.

PHYSICAL ATTENDANCE

The latest updates to the Prevention and Control of Disease (Requirements and Directions) (Business and Premises) Regulation (Cap. 599F) and the Prevention and Control of Disease (Prohibition on Group Gathering) Regulation (Cap. 599G) which took effect on 29 July 2020, required that, where the number of persons in attendance at a shareholders' meeting is more than 20, measures should be in place to separate them in different rooms or partitioned areas, each accommodating not more than 20 persons. The Company has examined the space capacity available at the AGM Venue and, in order to comply with this requirement, hereby announces that the maximum number of Shareholders who will be able to physically attend the AGM (in person or by proxy) will be 40, who will be accommodated in partitioned areas with not more than 20 persons in each area. Shareholders will be allocated the rights of admission to the AGM in person on a first-come-first-served basis at the reception of the AGM Venue.

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PRECAUTIONARY MEASURES

Shareholders who will attend the AGM in person are reminded to observe and note the following precautionary measures which will be implemented at the AGM:

1. Compulsory body temperature checks will be conducted for every attendee at the entrance of the AGM Venue. Any person with a body temperature of over 37.4 degrees Celsius or is subject to mandatory quarantine order imposed by the Hong Kong government will be denied entry into or be required to leave the AGM Venue.
2. Every attendee will be required to complete a health declaration form (the "Form") prior to entry to the AGM Venue. The completed and signed Form will be collected and examined by the Company's staff or representatives at the reception of the AGM Venue before registration and verification processing. Any attendee who has declared positive to any of the questions asked in the Form may not be allowed to enter to the AGM Venue.
3. Every attendee must wear a surgical face mask throughout the AGM and inside the AGM Venue.
4. Safe distance between seats will be maintained.
5. Crowd control and queue management will be implemented.
6. No refreshments or beverages will be served before or after the AGM.

The Shareholders who will attend the AGM in person are advised to arrive at the AGM Venue well in advance of the time of the AGM to allow sufficient time for registration and verification processing. Subject to the evolving COVID-19 situation and public health requirements and guidelines at the time of the AGM, additional measures affecting physical attendance may be implemented by the Company.

By order of the Board

Mui Ngar May, Joel

Company Secretary

Hong Kong, 7 August 2020

As at the date of this announcement, the Board comprises one Executive Director, Mr. Lu Wing Yee, Wayne; one Non-executive Director, Mr. Lee Ka Sze, Carmelo; and three Independent Non-executive Directors, namely Mr. Gan Khai Choon, Mr. Lam Ming Leung and Mr. Leung Man Chiu, Lawrence.

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