Anjoy Foods Group Co., Ltd. — Proxy Solicitation & Information Statement 2025

Nov 12, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this notice.

ANJOY FOODS GROUP CO., LTD.

安井食品集團股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2648)

NOTICE OF 2025 FIRST EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the 2025 first extraordinary general meeting (the "2025 First EGM") of Anjoy Foods Group Co., Ltd. (the "Company") will be held at 2:30 p.m. on Friday, November 28, 2025 at Conference room, No. 2508 Xinyang Road, Haicang District, Xiamen for considering and, if thought fit, passing, the following resolutions. Unless otherwise defined, terms used in this notice shall have the same meanings as those defined in the circular of the Company dated November 12, 2025 containing details of the following resolutions.

SPECIAL RESOLUTIONS

1. The proposal on change in the registered capital of the Company and amendments to the Articles of Association
2. The proposal on abolition of Supervisory Committee and amendments to the Articles of Association
3. The proposal on amendments to the Rules of Procedures for the Shareholders' Meeting of the Company
4. The proposal on amendments to the Rules of Procedures for the Board of Directors of the Company

ORDINARY RESOLUTIONS

1. The proposal on amendments to the Working Rules for Independent Directors of the Company
2. The proposal on amendments to the Terms of Reference for the Audit Committee of the Board of Directors of the Company
3. The proposal on amendments to the Related Party Transaction Decision-making System of the Company

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1. The proposal on amendments to the Management System for Use of Proceeds of the Company
2. The proposal on amendments to the Operational and Investment Administration Measures of the Company
3. The proposal on amendments to the Internal Audit System of the Company
4. The proposal on amendments to the Administrative Rules for External Guarantees of the Company
5. The proposal on formulation of the Remuneration Management System of Directors and Senior Management Members of the Company
6. The proposal on changes to certain proceed-funded projects for private placement of shares of the Company

By order of the Board

Anjoy Foods Group Co., Ltd.

Mr. Liu Mingming

Chairman of the Board and Executive Director

Xiamen, China, November 12, 2025

As at the date of this notice, the Board comprises: (i) Mr. Liu Mingming, Mr. Zhang Qingmiao, Mr. Zhang Gaolu and Mr. Huang Jianlian as executive directors; (ii) Dr. Zheng Yanan and Mr. Dai Fan as non-executive directors; and (iii) Ms. Zhang Mei, Dr. Liu Xiaofeng, Dr. Zhao Bei and Mr. Zhang Yueping as independent non-executive directors.

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Notes:

1. Pursuant to Rule 13.39(4) of the Listing Rules, votes of the Shareholder(s) at the shareholders' general meeting shall be taken by poll.

2. In order to determine the Shareholders who are entitled to attend the 2025 First EGM, the H share registrar of members of the Company shall be closed from Tuesday, November 25, 2025 to Friday, November 28, 2025 (both days inclusive), during which period no transfer of H Shares will be registered. Shareholders whose names appear on the H shares register of members of the Company on Friday, November 28, 2025 are entitled to attend the 2025 First EGM and to vote on all resolutions to be proposed thereat. H Shareholders who wish to attend the 2025 First EGM are required to lodge their respective transfer documents with the relevant share certificates at the H share registrar of the Company, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong no later than 4:30 p.m. on Monday, November 24, 2025.

3. Any Shareholder entitled to attend and vote at the 2025 First EGM is entitled to appoint one or more proxies to attend and vote on his/her/its behalf. A proxy need not be a Shareholder. If more than one proxy is appointed, the number and class of shares represented by each proxy should be specified when appointing the proxy.

4. The instruments appointing a proxy must be in writing under the hand of the Shareholder or his/her attorney duly authorized in writing. If the Shareholder is a corporation, that instrument must be either under the company seal or under the hand of its director or duly authorized attorney. If that instrument is signed by an attorney of the Shareholder, the power of attorney authorizing that attorney to sign or other authorization documents must be notarized.

5. To be valid, the form of proxy for the H Shareholders together with the notarized power of attorney or other authorization document must be deposited at the H share Registrar, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong not less than 24 hours before the time appointed for the holding of the 2025 First EGM or any adjournment thereof (i.e. before 2:30 p.m. on Thursday, November 27, 2025). Completion and return of the form of proxy will not preclude the H Share Shareholders from attending and voting in person at the 2025 First EGM or any adjourned meeting if they so wish, in which case the form of proxy will be deemed to have been revoked.

6. The 2025 First EGM will adopt a combination of both onsite voting and online voting (online voting only applicable to A shareholders) in terms of the mechanism for voting at the meeting.

7. Shareholders or their proxies attending the 2025 First EGM shall produce the identity documents.

8. The 2025 First EGM is expected to be concluded within half a day. Shareholders or their proxies attending the meeting are responsible for their own transportation and accommodation expenses.