Tsingtao Brewery Company Limited at its annual general meeting held on June 28, 2018 approved election of Mr. WANG Rui Yong as Executive Director. The company also approved election of Mr. TANG Bin as Non-executive Director. The company also elected Mr. JIANG Xing Lu as Independent Non-executive Director. The company also elected YAO Yu as Supervisor Shareholders' Representative for the ninth session of the Board. On the same day, Mr. TANG Bin was appointed as a member of the Strategy & Investment Committee of the Board, the Audit & Internal Control Committee of the Board and the Nomination & Remuneration Committee of the Board; Mr. JIANG Xing Lu was appointed as the Chairman of the Nomination & Remuneration Committee and a member of the Audit Committee. At the same time, Mr. WANG Xue Zheng ceased to be the Chairman of the Nomination & Remuneration Committee, a member of the Audit Committee and the Nomination & Remuneration Committee and Mr. BEN Sheng Lin ceased to be a member of the Strategy & Investment Committee. Among the members of the Board, the executive Director Mr. SUN Ming Bo has reached his statutory retirement age and the independent non-executive Director Mr. WANG Xue Zheng has been re-elected for a period of six years, they have resigned from their positions after the conclusion of the AGM.

The company at its annual general meeting held on June 28, 2018 also approved distribution of RMB 0.42 per share (with tax) as final dividend for the year 2017, amounting to approximately RMB 567,412,774 (with tax) in aggregate. In accordance with the requirements in the Company's Articles of Association, the Company has appointed Bank of China (Hong Kong) Trustees Limited as its receiving agent for holders of H-share. The cheques for the dividend of H-share would be issued and signed by the receiving agent, and delivered to all holders of H-share by ordinary post on 3 August 2018.