The board of directors of COFCO Joycome Foods Limited announced that, with effect from June 25, 2024, Mr. Shi Bo (Mr. Shi) has resigned as a non- executive director of the Company, and ceased to be a member of the Remuneration Committee of the Board (the "Remuneration Committee") due to his other business commitments that require more of his dedication. Mr. Shi has confirmed that he has no disagreement with the Board and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. The Board would like to express its sincere gratitude to Mr. Shi for his valuable contributions to the Board and the Company during his tenure of service.

The Board announced that, with effect from June 25, 2024, Mr. Chen Zhigang ("Mr. Chen") has been appointed as a non-executive director of the Company. Mr. Chen Zhigang, aged 60, currently also serves as a director of COFCO Meat Investments Co. Ltd. Mr. Chen joined COFCO Corporation ("COFCO") in 2008 and has held various positions ever since, including a director of COFCO Sugar Holding Co.

Ltd., a director of China Foods Limited, a director of COFCO Technology & Industry Co. Ltd., a director of Shenzhen Qianhai COFCO Development Co. Ltd., audit commissioner of COFCO Trading Ltd., director of the Quality and Safety Management Department, director of the Production Safety Department and deputy director of the Audit and Legal Risk Control Department of COFCO.

Prior to joining COFCO, Mr. Chen served as the deputy director of the Technical Equipment Department of the National Work Safety Emergency Rescue Center, director of the First Division of the Work Safety Coordination Department of the State Administration of Work Safety, and assistant to the director of the Science and Technology Research Center and director of the Technology Development Department of the State Administration of Work Safety, deputy director of the Consultation Department of the Safety Science and Technology Research Center of the State Economic and Trade Commission, etc. Mr. Chen graduated from Anhui Normal University, majoring in chemistry and later graduated from Beijing Institute of Technology, majoring in energetic materials, and obtained a master's degree in engineering. Mr. Chen has extensive experience in quality and safety management.

The Board hereby announced that according to the work arrangements, Dr. Zhao Wei, a non-executive Director, ceased to be a member of the Food Safety Committee of the Company (the "Food Safety Committee"), and Mr. Chen Zhigang, a non-executive director, has been appointed as a member of the Food Safety Committee, with effect from June 25, 2024. Mr. Fu Tingmei, an independent non-executive director, has been appointed as a member of the Remuneration Committee with effect from June 25, 2024.