Silk Road Logistics : Announcements and Notices - POLL RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 19 APRIL 2022

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Silk Road Logistics Holdings Limited ക༩يݴછٰϞࠢʮ̡

(Incorporated in Bermuda with limited liability)

(Stock Code: 988)

POLL RESULTS OF THE SPECIAL GENERAL MEETING

HELD ON 19 APRIL 2022

The Board announces that resolution numbered 1 set out in the SGM Notice was not passed by the Shareholders at the SGM, while resolutions numbered 2(i) to (iv) set out in the SGM Notice were duly passed by the Shareholders by way of poll at the SGM held on 19 April 2022.

References are made to the circular (the "SGM Circular") of Silk Road Logistics Holdings Limited (the "Company") and the notice (the "SGM Notice") of the special general meeting (the "SGM") dated 18 March 2022 in relation to the Loan Agreement and re-election of the retiring Directors. Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the SGM Circular.

POLL RESULTS OF THE SGM

The Board announces that resolution numbered 1 set out in the SGM Notice was not passed by the Shareholders at the SGM held on 19 April 2022, while resolutions numbered 2(i) to (iv) were duly passed by the Shareholders by way of poll at the SGM held on 19 April 2022. The poll results in respect of the ordinary resolutions proposed at the SGM were as follows:

Ordinary resolutions	Number of votes cast (Approximate percentage of total number of votes cast)	Total number of votes cast
For	Against
1.	To approve the Loan Agreement and the transactions contemplated thereunder.	305 (0.01%)	170,372,822 (99.99%)	170,373,127
2.	(i)	To re-elect Mr. Ouyang Nong as non-executive Director.	170,373,127 (100%)	0 (0%)	170,373,127
(ii)	To re-elect Mr. Chen Wai Chung Edmund as independent non-executive Director.	170,373,127 (100%)	0 (0%)	170,373,127
(iii)	To re-elect Ms. Ang Mei Lee Mary as independent non-executive Director.	170,373,127 (100%)	0 (0%)	170,373,127
(iv)	To authorise the board of Directors to fix the Directors' remuneration.	170,373,127 (100%)	0 (0%)	170,373,127

As more than 50% of the votes were cast against the resolution numbered 1, the resolution numbered 1 was not passed by the Shareholders at the SGM.

As more than 50% of the votes were cast for the resolution numbered 2 (i) to (iv), the resolution numbered 2 (i) to (iv) were passed as ordinary resolutions of the Company by the Shareholders at the SGM.

As at the date of the SGM, the Company had 641,790,129 Shares in issue. The Lender, Ms. Choi and their associates were, in aggregate, beneficially interested in 53,908,150 Shares and abstained from voting on resolution numbered 1 while 587,881,979 Shares were entitled to attend and vote for or against on resolution numbered 1 at the SGM. All the 641,790,129 issued Shares were the total number of Shares entitling the Shareholders to attend and vote on resolution numbered 2(i) to (iv) at the SGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of the resolutions at the SGM as set out in Rule 13.40 of the Listing Rules. No parties were indicated in the SGM Circular that they intended to vote against or to abstain from voting on any resolutions at the SGM.

The Company's branch share registrar in Hong Kong, Tricor Tengis Limited, was appointed as the scrutineer for the purpose of vote-taking at the SGM.

By order of the Board

Silk Road Logistics Holdings Limited

Cheung Ngai Lam Executive Director

Hong Kong, 19 April 2022

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Cheung Ngai Lam and Mr. Chung Wai Man; one non-executive Director, namely Mr. Ouyang Nong; and four independent non-executive Directors, namely Ms. Choy So Yuk, Mr. Wu Zhao, Mr. Chen Wai Chung Edmund and Ms. Ang Mei Lee Mary.