IBO Technology : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 15 SEPTEMBER 2020

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IBO TECHNOLOGY COMPANY LIMITED

艾 伯 科 技 股 份 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(STOCK CODE: 2708)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 15 SEPTEMBER 2020

The Board is pleased to announce that all the proposed resolutions as set forth in the notice of the Annual General Meeting dated 10 August 2020 were duly passed by the Shareholders by way of poll at the Annual General Meeting held on 15 September 2020.

The board (the ''Board'') of directors (the ''Director(s)'') of IBO Technology Company Limited (the ''Company'') is pleased to announce that all the proposed resolutions as set forth in the notice of the annual general meeting of the Company (the ''Annual General Meeting'') dated 10 August 2020 were duly passed by the shareholders of the Company (the ''Shareholders'') by way of poll at the Annual General Meeting held on 15 September 2020.

Computershare Hong Kong Investor Services Limited, the Hong Kong branch share registrar and transfer office of the Company, was appointed as the scrutineer at the Annual General Meeting for the purpose of vote-taking.

As of the date of the Annual General Meeting, the issued share of the Company comprised 421,427,509 shares of HK$0.01 each (the ''Shares''), which was the total number of Shares entitling the holders to attend and vote for or against all the resolutions proposed at the Annual General Meeting. Shareholders present at the Annual General Meeting holding an aggregate of 283,677,509 Shares (representing approximately 67.31% of the total number of Shares) voted either in person, by proxy or by their duly authorised representatives at the Annual General Meeting. There were no Shares entitling the Shareholders to attend and abstain from voting in favour at the Annual General Meeting as set forth in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules''). No Shareholder was required under the Listing Rules to abstain from voting at the Annual General Meeting. None of the Shareholders has stated their intention in the Company's circular dated 10 August 2020 to vote against or to abstain from voting on any of the resolutions at the Annual General Meeting.

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The poll results in respect of all the resolutions proposed at the Annual General Meeting were as follows:

		Ordinary Resolutions Note	(2)	No. of Votes (%) Note (1)
		For	Against
1.	To receive, consider and adopt the audited consolidated	283,677,509	0
	financial statements and the reports of the Directors and	(100.00%)	(0.00%)
	of auditors of the Company for the year ended 31 March
	2020.
2a.	(i)	to re-elect Mr. Gao Weilong	as an executive	283,677,509	0
		Director.		(100.00%)	(0.00%)
	(ii) to re-elect Mr. Teng Feng as an executive Director.	283,677,509	0
				(100.00%)	(0.00%)
	(iii) to re-elect Ms. Sun Qing as a non-executive	283,677,509	0
		Director.		(100.00%)	(0.00%)
	(iv)	to re-elect Dr. He Tianxiang as an independent non-	283,677,509	0
		executive Director.		(100.00%)	(0.00%)
2b.	To authorise the Board to fix the remuneration of the	283,677,509	0
	Directors.		(100.00%)	(0.00%)
3.	To re-appoint Messrs. Deloitte Touche Tohmatsu as the	283,677,509	0
	auditor of the Company and to authorise the Board to fix	(100.00%)	(0.00%)
	its remuneration.
4.	To grant a general and unconditional mandate to the	283,677,509	0
	Directors to allot, issue or otherwise deal with the	(100.00%)	(0.00%)
	additional Shares to the extent of not more than 20% of
	the total number of Shares in issue as at the date of
	passing of this resolution.
5.	To grant a general and unconditional mandate to the	283,677,509	0
	Directors to repurchase the Shares to the extent of not	(100.00%)	(0.00%)
	more than 10% of the total number of Shares in issue as
	at the date of passing of this resolution.
6.	Conditional upon the passing of resolutions nos. 4 and 5,	283,677,509	0
	the issue mandate as set out in resolution no. 4 is hereby	(100.00%)	(0.00%)
	extended by addition thereto of an amount representing
	the aggregate number of the issued Shares repurchased by
	the Company under the authority granted as set out above
	in resolution no. 5, provide that such amount shall not
	exceed 10% of the total number of Shares in issue as of
	the date of passing resolution no. 5.

Notes: (1) All percentages are rounded up to two decimal places.

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1. The full text of the resolutions is set out in the notice of the Annual General Meeting dated 10 August 2020.

As more than 50% of the votes were cast in favour of each of the resolutions, all the resolutions as set forth above were duly passed as ordinary resolutions of the Company at the Annual General Meeting.

By order of the Board

IBO Technology Company Limited

Lai Tse Ming

Chairman

Hong Kong, 15 September 2020

As at the date of this announcement, the executive Directors are Mr. Lai Tse Ming, Mr. Gao Weilong, Mr. Teng Feng, Mr. Yu Kin Keung and Mr. Lyu Huiheng; the non-executive Director is Ms. Sun Qing; and the independent non-executive Directors are Dr. He Tianxiang, Dr. Wong Kwok Yan, and Mr. Hung Muk Ming.

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