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LEE & MAN CHEMICAL COMPANY LIMITED

理 文 化 工 有 限 公 司

(Incorporated in the Cayman Islands and its members' liability is limited)

Website: www.leemanchemical.com

(Stock Code: 746)

2021 ANNUAL GENERAL MEETING - POLL RESULTS

The Board is pleased to announce that, on 30 April 2021, the Company held the AGM at which the ordinary resolutions proposed in the AGM Notice were duly passed.

The board of directors (the "Board") of Lee & Man Chemical Company Limited (the "Company") is pleased to announce that, at the Annual General Meeting (the "AGM") held on 30 April 2021, the ordinary resolutions proposed in the notice of the AGM dated 29 March 2021 (the "AGM Notice") were duly passed by the shareholders of the Company (the "Shareholders") present thereat by way of poll voting. Tricor Secretaries Limited acted as the scrutineer for the purpose of vote-taking.

As at the date of the AGM, the total number of issued Shares of the Company was 825,000,000 Shares. No Shareholders were required to abstain from voting at the AGM. Accordingly, the total number of Shares entitling the Shareholders to attend and vote at the AGM for or against the ordinary resolutions set out in the AGM Notice was 825,000,000.

- 1 -

The number of shares of the Company (the "Shares") representing the votes cast for or against the resolutions voted upon by the Shareholders at the AGM were as follows:

Ordinary Resolutions

No. of Shares (%)

Total Number

of Votes

For

Against

1.

To receive, consider and adopt the audited financial

650,671,986

38,000

650,709,986

statements and the reports of the Directors and of

(99.99%)

(0.01%)

(100%)

the auditors of the Company for the year ended 31

December 2020.

2.

To declare a final dividend for the year ended 31

650,709,986

0

650,709,986

December 2020.

(100.00%)

(0.00%)

(100%)

3.

To re-elect Mr. Yang Zuo Ning as Director.

650,689,986

20,000

650,709,986

(99.99%)

(0.01%)

(100%)

4.

To re-elect Mr. Wan Chi Keung, Aaron BBS JP as

650,689,986

20,000

650,709,986

Director.

(99.99%)

(0.01%)

(100%)

5.

To authorise the Board of Directors of the Company

650,689,986

20,000

650,709,986

to approve and confirm the terms of appointment

(99.99%)

(0.01%)

(100%)

(including remuneration) for Mr. Wong Kai Tung, an

independent non-executive director of the Company.

6.

To authorise the Board of Directors of the Company

650,583,986

126,000

650,709,986

to approve and confirm the terms of appointment

(99.98%)

(0.02%)

(100%)

(including remuneration) for Mr. Heng Victor Ja

Wei, an independent non-executive director of the

Company.

7.

To authorise the Board of Directors to fix the

650,709,986

0

650,709,986

remuneration of the Directors for the year ending

(100.00%)

(0.00%)

(100%)

31 December 2021. The bonuses in favour of the

Directors shall be decided by the majority of the

Board provided that the total amount of bonus payable

to all the Directors in respect of any one financial

year shall not exceed 10% of the consolidated profit

after taxation of the Group for the relevant year.

8.

To re-appoint Messrs. Deloitte Touche Tohmatsu as

650,709,986

0

650,709,986

auditors of the Company for the ensuing year and to

(100.00%)

(0.00%)

(100%)

authorize the Board of Directors of the Company to

fix their remuneration.

9.

To grant a general mandate to the Board of Directors

622,385,062

28,234,924

650,709,986

of the Company to allot, issue or otherwise deal with

(95.65%)

(4.35%)

(100%)

the Company's shares not exceeding 20% of the

number of issued shares of the Company, in terms as

set out in ordinary resolution number 9 in the Notice.

- 2 -

Ordinary Resolutions

No. of Shares (%)

Total Number

of Votes

For

Against

10.

To grant a general mandate to the Board of Directors

650,709,986

0

650,709,986

of the Company to repurchase the Company's shares

(100.00%)

(0.00%)

(100%)

not exceeding 10% of the number of issued shares

of the Company, in terms as set out as ordinary

resolution number 10 in the Notice.

11.

To approve the extension of the general mandate to

622,389,062

28,320,924

650,709,986

be granted to the Board of Directors of the Company

(95.65%)

(4.35%)

(100%)

in terms as set out in ordinary resolution number 9 in

the Notice to allot, issue or otherwise deal with the

Company's shares by an amount not exceeding the

number of the Company's shares repurchased by the

Company in terms as set out as ordinary resolution

number 10 in the Notice.

As more than 50% of the votes were cast in favour of each of the above resolutions, all the resolutions were

duly passed as ordinary resolutions.

By Order of the Board

Lee & Man Chemical Company Limited

Wai Siu Kee

Chairman

Hong Kong, 30 April 2021

As at the date of this announcement, the Board of the Company comprises four executive directors, namely, Ms. Wai Siu Kee, Mr. Lee Man Yan, Professor Chan Albert Sun Chi and Mr. Yang Zuo Ning and three independent non-executive directors, namely Mr. Wong Kai Tung, Tony, Mr. Wan Chi Keung, Aaron BBS JP and Mr. Heng Victor Ja Wei.

- 3 -

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Lee & Man Chemical Co. Ltd. published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 08:39:00 UTC.