Kin Yat : CLARIFICATION ANNOUNCEMENT - REVISED PROXY FORM AND PRECAUTIONARY MEASURES OF COVID-19 FOR THE SPECIAL GENERAL MEETING

However, in the event that you have already submitted a duly completed March 11 Proxy Form to Tricor, you should note that:

1. if no Revised Proxy Form is submitted to Tricor by you subsequently by the Closing Time, the correctly completed and duly lodged March 11 Proxy Form will be treated as a valid proxy form submitted by you; however, in the event that the Original Resolutions are not voted in the same manner as one single resolution as a whole, then the March 11 Proxy Form so submitted by you will be deemed invalid; and
2. if the Revised Proxy Form is duly completed and submitted to Tricor by you by the Closing Time, such Revised Proxy Form will be a valid proxy form superseding the March 11 Proxy Form previously submitted by you.

Shareholders should note that completion and delivery of proxy form would not preclude a Shareholder from attending and voting in person at the SGM (or any adjournment thereof) if such Shareholder so wishes and in such event, the relevant proxy form submitted by such Shareholder should be deemed to be revoked.

2. Precautionary Measures of COVID-19 during the SGM

Although Shareholders are welcome to attend in person to vote at the SGM, the

Company strongly recommends the Shareholders to vote at the SGM by the use of the Revised Proxy Form, i.e., to indicate your voting preference in the Revised Proxy Form and appoint the chairman of the SGM as your proxy to vote on your behalf on site. The Revised Proxy Form will be despatched to Shareholders and can be downloaded from the websites of the Stock Exchange and the Company (for more details, see above), and must be correctly completed and duly lodged by the Closing Time in order to be valid.

In view of the current development of the COVID-19, the Company will implement the following measures at the SGM in an effort to reduce the risk of infection for the participants in the SGM:

• every participant (including Shareholders or their proxies) in the SGM shall be subject to compulsory body temperature check at the entrance of the meeting venue and anyone with a body temperature higher than 37.3 degree Celsius will not be given access to the meeting venue;
• all participants (including Shareholders or their proxy) in the SGM are required to wear appropriate face masks at all time during their attendance of the SGM; and
• no refreshment will be served after the SGM to avoid the coming into close contact amongst participants.

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We sincerely apologise for any inconvenience caused to any participants in the SGM due to the measures taken at the SGM to protect participants against the COVID-19 epidemic.

By order of the Board

Kin Yat Holdings Limited

Cheng Chor Kit

Chairman and Chief Executive Officer

Hong Kong, 13 March 2020

As at the date of this announcement, the Board comprises nine Directors, of which five are executive Directors, namely Mr CHENG Chor Kit, Mr FUNG Wah Cheong, Vincent, Mr LIU Tat Luen, Mr CHENG Tsz To and Mr CHENG Tsz Han; and four independent non- executive Directors, namely Mr WONG Chi Wai, Dr SUN Kwai Yu, Vivian, Mr CHENG Kwok Kin, Paul and Mr CHEUNG Wang Ip.

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