Ausnutria Dairy : Poll Result of the Annual General Meeting for the Year Ended 31 December 2017 Held on 11 May 2018

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AUSNUTRIA DAIRY CORPORATION LTD ዦᎴԪٰุ΅Ϟࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1717)

POLL RESULT OF THE ANNUAL GENERAL MEETING

FOR THE YEAR ENDED 31 DECEMBER 2017 HELD ON 11 MAY 2018

The Board is pleased to announce that all the Resolutions as set out in the Notice of AGM were duly passed by the Shareholders by way of poll at the AGM held on 11 May 2018.

References are made to the circular (the "Circular") and the notice (the "Notice") of annual general meeting for the year ended 31 December 2017 (the "AGM") of Ausnutria Dairy Corporation Ltd (the "Company") dated 10 April 2018. Capitalised terms used herein shall have the same meanings as defined in the Circular and the Notice of AGM unless the content otherwise requires.

POLL RESULT OF THE AGM

The Board is pleased to announce that at the AGM held at Bowen Room, 7th Floor, Conrad Hong Kong Hotel, Pacific Place, 88 Queensway, Hong Kong on 11 May 2018 at 9:30 a.m., all the ordinary resolutions (the "Resolutions") as set out in the Notice of AGM were duly passed by the Shareholders by way of poll.

As at the date of the AGM, there were a total of 1,256,061,530 Shares of HK$0.10 each in issue. No Shareholders were required to abstain from voting in respect of the Resolutions. Accordingly, a total of 1,256,061,530 Shares were held by the Shareholders who were entitled to attend and vote for or against the Resolutions at the AGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour at the AGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.

Shareholders and authorised proxies holding an aggregate of 915,240,445 Shares, representing approximately 72.8659% of the issued Shares, were present at the AGM.

The Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, acted as the scrutineer for the vote-taking at the AGM. The poll results of the Resolutions are as follow:

As more than 50% of the votes were cast in favour of the Resolutions, the Resolutions were duly passed.

PAYMENT OF FINAL DIVIDEND

The resolution for the payment of a final dividend of HK$0.10 per share of the Company for the year ended 31 December 2017 was approved by the Shareholders at the AGM. The final dividend for the year ended 31 December 2017 will be payable on or about 27 June 2018 to the Shareholders on the register of members of the Company dated 8 June 2018.

By order of the Board Ausnutria Dairy Corporation Ltd

Yan Weibin

Chairman

The People's Republic of China, 11 May 2018

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Yan Weibin (Chairman), Mr. Bartle van der Meer (Chief Executive Officer) and Ms. Ng Siu Hung; two non-executive Directors, namely Mr. Tsai Chang-Hai and Mr. Zeng Xiaojun; and three independent non-executive Directors, namely Ms. Ho Mei-Yueh, Mr. Jason Wan and Mr. Lau Chun Fai Douglas.