Sun Art Retail : DATE OF BOARD MEETING

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SUN ART RETAIL GROUP LIMITED

高鑫零售有限公司

(Incorporated in Hong Kong with limited liability)

(Stock code: 06808)

DATE OF BOARD MEETING

The board of directors (the "Board") of SUN ART RETAIL GROUP LIMITED 高鑫零售有限 公司 (the "Company") hereby announces that a meeting of the Board of the Company will be held on Monday, 10 May 2021 for the purpose of considering and approving the final results, and the announcement of the final results, of the Company and its subsidiaries for the fifteen months ended 31 March 2021 and considering the recommendation of a final dividend, if any, and transacting any other business.

By Order of the Board

Sun Art Retail Group Limited

HUANG Ming-Tuan

Executive Director and Chief Executive Officer

Hong Kong, 26 April 2021

As at the date of this announcement, the directors of the Company are:

Executive Directors:

HUANG Ming-Tuan (Chairman and Chief Executive Officer)

LIN Xiaohai

Non-Executive Directors:

LI Yonghe

XU Hong

Independent Non-Executive Directors:

Karen Yifen CHANG

Charles Sheung Wai CHAN

Dieter YIH