Grand Ocean Advanced Resources Company Limited — AGM Information 2021

May 31, 2021

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Grand Ocean Advanced Resources Company Limited 弘海高新資源有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 65)

POSTPONEMENT OF ANNUAL GENERAL MEETING AND CHANGE OF BOOK CLOSURE PERIOD OF REGISTER OF MEMBERS

Reference is made to (i) the annual results announcement for the year ended 31 December 2020 of Grand Ocean Advanced Resources Company Limited (the “ Company ”) dated 19 March 2021 (the “ Annual Results Announcement ”); (ii) the 2020 annual report (the “ 2020 Annual Report ”) of the Company; (iii) the notice of annual general meeting (the “ AGM ”) of the Company dated 23 April 2021 (the “ AGM Notice ”); and (iv) the circular of the Company dated 23 April 2021 in respect of certain matters to be considered and voted for (or against) at the AGM (the “ AGM Circular ”).

Capitalised terms used herein shall have the same meanings as defined in the AGM Notice and AGM Circular unless the context requires otherwise.

POSTPONEMENT OF ANNUAL GENERAL MEETING

The Board would like to announce that due to restrictions of travel of certain Directors to Hong Kong to attend the AGM, the AGM which was originally scheduled to be held on Friday, 11 June 2021 at 11:00 a.m., will be postponed to Friday, 25 June 2021 at 11:00 a.m. (the “ Postponed AGM ”). The venue of the Proposed AGM will remain unchanged at Suite 1602, Sino Plaza, 255-257 Gloucester Road, Hong Kong.

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CHANGE OF BOOK CLOSURE PERIOD OF REGISTER OF MEMBERS

To ascertain shareholders’ eligibility to attend and vote at the AGM, the register of members of the Company was originally scheduled to be closed from Monday, 7 June 2021 to Friday, 11 June 2021 (both days inclusive). Due to the postponement of the AGM, the closure period of the register of members of the Company for ascertaining shareholders’ eligibility to attend and vote at the Postponed AGM will be changed to Tuesday, 15 June 2021 to Friday, 25 June 2021 (both days inclusive), during which period no transfer of Shares will be effected. In order to determine the entitlement to attend and vote at the Postponed AGM, all transfers, accompanied by the relevant share certificates, must be lodged with the Company’s Hong Kong branch share registrar and transfer office, Tricor Abacus Limited, at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong, not later than 4:30 p.m. on Friday, 11 June 2021.

PROXY FORM

All resolutions as set out in the AGM Notice will remain unchanged for the Postponed AGM. The Proxy Form, which had been despatched to the Shareholders on 23 April 2021 together with the AGM Circular and the AGM Notice, will remain valid for the Postponed AGM. Shareholders who have not yet returned the Proxy Form but intend to appoint a proxy to attend the Postponed AGM are required to return the Proxy Form to the Company’s Hong Kong branch share registrar and transfer office, Tricor Abacus Limited, at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong, not less than 48 hours before the time appointed for holding the Postponed AGM or any adjournment thereof (as the case may be). If a Shareholder who will remain as a Shareholder at the date of the Postponed AGM has already completed and returned the Proxy Form in accordance with the instructions printed thereon, such Proxy Form will remain valid for the Postponed AGM and such Shareholder is not required to resubmit the Proxy Form.

Save for the date of the Postponed AGM and the above-mentioned changes, all other information set out in the Annual Results Announcement, the 2020 Annual Report, the AGM Circular, the AGM Notice and the Proxy Form shall remain unchanged.

By Order of the Board Grand Ocean Advanced Resources Company Limited Ng Ying Kit

Executive Director

Hong Kong, 31 May 2021

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Ng Ying Kit and Mr. Tao Ye; a non-executive Director, namely Mr. Zhou Hongliang; and three independent non-executive Directors, namely Mr. Lee Wai Ming, Mr. Chang Xuejun and Mr. Ho Man.

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