Tingyi Cayman Islands : POLL RESULTS FOR THE ANNUAL GENERAL MEETING HELD ON 13 JUNE 2022 AND PAYMENT OF FINAL DIVIDENDS AND SPECIAL FINAL DIVIDENDS

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TINGYI (CAYMAN ISLANDS) HOLDING CORP.

康 師 傅 控 股 有 限 公 司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 0322)

POLL RESULTS FOR THE ANNUAL GENERAL MEETING

HELD ON 13 JUNE 2022

AND

PAYMENT OF FINAL DIVIDENDS AND SPECIAL FINAL DIVIDENDS

The Board is pleased to announce that all resolutions proposed at the AGM were duly passed by the Shareholders by way of poll at the AGM held on 13 June 2022.

POLL RESULTS OF THE AGM

The board ("Board") of directors ("Directors") of Tingyi (Cayman Islands) Holding Corp. (the "Company") is pleased to announce that at the annual general meeting (the "AGM") held on 13 June 2022, all the resolutions set out in the Notice of AGM dated 26 April 2022 were duly passed by the shareholders of the Company (the "Shareholders") as resolutions by way of poll.

As at the date of the AGM, the total number of issued shares of the Company was 5,632,594,360 shares, which was the total number of shares entitling the Shareholders to attend and vote for or against the resolutions at the AGM. No shareholder of the Company was entitled to attend and vote only against the resolutions proposed at the AGM. None of the shareholders of the Company have stated their intention in the Company's circular dated 26 April 2022 to abstain from voting for or against any of the resolutions at the AGM.

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The poll results of all the resolutions proposed at the AGM are as follows:

		NUMBER OF VOTES CAST	TOTAL
		(PERCENT OF TOTAL
	ORDINARY RESOLUTIONS	NUMBER OF
	NUMBER OF VOTES CAST)
		VOTES CAST
		FOR	AGAINST
1.	To receive and consider the audited	5,154,844,558	2,628,012	5,157,472,570
	accounts and the reports of the directors	(99.949%)	(0.051%)
	and auditors for the year ended 31
	December 2021
2.	To approve the payment of a final	5,156,913,287	559,283	5,157,472,570
	dividend for the year ended 31	(99.989%)	(0.011%)
	December 2021
3.	To approve the payment of a special	5,156,913,287	559,283	5,157,472,570
	final dividend for the year ended 31	(99.989%)	(0.011%)
	December 2021
4.	To re-elect Mr. Yuko Takahashi as an	4,889,591,583	267,803,065	5,157,394,648
	executive Director and to authorize the	(94.807%)	(5.193%)
	Directors to fix his remuneration
5.	To re-elect Ms. Tseng Chien as an	5,084,912,858	72,481,790	5,157,394,648
	executive Director and to authorize the	(98.595%)	(1.405%)
	Directors to fix her remuneration
6.	To re-elect Mr. Hsu, Shin-Chun as an	4,722,080,660	435,313,988	5,157,394,648
	independent non-executive Director and	(91.559%)	(8.441%)
	to authorize the Directors to fix his
	remuneration
7.	To re-appoint auditors of the Company	4,942,257,697	215,214,873	5,157,472,570
	and authorize the directors to fix their	(95.827%)	(4.173%)
	remuneration
8.	To consider and approve the general	4,008,142,390	1,149,330,180	5,157,472,570
	mandate to issue shares	(77.715%)	(22.285%)
9.	To consider and approve the general	5,155,896,365	1,576,205	5,157,472,570
	mandate to buy back shares of the	(99.969%)	(0.031%)
	Company
10.	To consider and approve that the total	4,001,352,595	1,156,119,975	5,157,472,570
	number of shares which are bought back	(77.584%)	(22.416%)
	by the Company shall be added to the
	total number of shares which may be
	alloted pursuant to the general mandate
	for issue of shares

As more than 50% of the votes were cast in favour of each of the above resolutions, all of the above resolutions were duly passed as the ordinary resolutions of the Company.

Chairman and executive Director, Mr. Wei Hong-Ming, independent non-executive Directors Mr. Hsu Shin-Chun and Mr. Lee Tiong-Hock attended the AGM.

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The Company's auditor, Mazars CPA Limited, was appointed as the scrutineer for vote-taking at the AGM.

PAYMENT OF FINAL AND SPECIAL FINAL DIVIDENDS

In relation to ordinary resolutions No. 2 and No. 3 above, the final dividends and the special final dividends will be paid on or about 13 July 2022 to shareholders whose names appear on the register of members of the Company as at 21 June 2022. In order to ascertain shareholders' entitlement to the final dividends and special final dividends, the register of members of the Company will be closed from 17 June 2022 to 21 June 2022 (both dates inclusive). To qualify for the final dividends and special final dividends, all properly completed transfer forms accompanied by the relevant share certificates must be lodged with the Company's Hong Kong branch share registrar and transfer office, Hong Kong Registrars Limited at shops 1712-1716, 17th floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not later than 4:30 p.m. on Thursday, 16 June 2022. Shareholders registered under the Hong Kong branch register of members will receive their dividends in Hong Kong dollars ("HK$"). The HK$ equivalent of the final dividend and special final dividend is HK$0.41603 per share and HK$0.41603 per share, respectively, which is based on today's exchange rate of US$ against HK$ at US$1.00 to HK$7.8497. The total dividend is HK$0.83206 per share.

By order of the Board

Tingyi (Cayman Islands) Holding Corp.

Ip Pui Sum

Company Secretary

Hong Kong, 13 June 2022

As at the date of this announcement, Mr. Wei Hong-Ming, Mr. Junichiro Ida, Mr. Wei Hong-Chen, Mr. Koji Shinohara, Mr. Yuko Takahashi and Ms. Tseng Chien are executive Directors of the Company. Mr. Hsu Shin-Chun, Mr. Lee Tiong-Hock and Mr. Hiromu Fukada are independent non-executive Directors of the Company.

* For identification purposes only

websites: http://www.masterkong.com.cn http://www.irasia.com/listco/hk/tingyi

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