AFC AGM results and update on senior manager

AFC Group Holdings Limited (AFC) held its annual meeting through a virtual meeting platform today. At AFC Group Holdings Limited's shareholder meeting, held through Zoom meeting today (30th September 2021), shareholders were asked to vote on seven resolutions, which were supported by the Board. The resolutions passed by shareholders were: oTo receive and consider the Annual Report, including the audit report and financial statements, for the year ended 31 March 2021. oTo reappoint the Company's Auditors William Buck as auditors. oTo fix the remuneration of the auditors of the company for the ensuing year. oTo re-elect Boxian (Charles) Cao as a non-executive director of the company. oTo re-elect Qiang (John) Li as an independent director of the company. oTo re-elect Zilei (Jacky) Wang as an independent director of the company. oTo re-elect Jingwei (Karen) Ma as a non-executive director of the company. Pursuant to NZX Listing Rule 3.20.1(a), AFC also advises that its Chief Financial Officer, Hao Long, has chosen to work as part-time Chief Financial Officer due to personal reasons effective from 1st October 2021. We are pleased that Hao will be remaining with the company and will continue to play a senior and integral role within the company. Further information will be provided to the market if there is a change of senior manager in due course. On behalf of the Board of Directors Hao Long CFO 30 September 2021 End CA:00380163 For:AFC Type:MEETING Time:2021-09-30 16:14:52