Resolution of Shareholders' Meeting to Lift Non-Competition Restrictions on Directors

 Resolution of Shareholders' Meeting to
Lift Non-Competition Restrictions on Directors

1.Date of the shareholders meeting resolution:2024/10/16
2.Name and title of the director with permission to engage in competitive
  conduct:
Director:Su Yunle, Legal Representative of Yangyi Co., Ltd.
Director:Shi Junde, Legal Representative of Xibiao Co., Ltd.
Director:Wang Huimin, Legal Representative of Xibiao Co., Ltd.
3.Items of competitive conduct in which the director is permitted to engage:
Actions undertaken by directors for themselves or others that
fall within the company's business scope
4.Period of permission to engage in the competitive conduct:
2024/10/16~2027/10/15
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act):
Two-thirds of the total issued shares were represented at the meeting,
and all attending shareholders unanimously approved the resolution.
6.If the permitted competitive conduct belongs to the operator of a mainland
China area enterprise, the name and title of the directors
(if it is not the operator of a Mainland-area enterprise, please enter
"N/A" below):Su Yunle, Legal Representative of Yangyi Co., Ltd.
7.Company name of the mainland China area enterprise and the director's
position in the enterprise:
Chairman of Atlantic Beverage (Shanghai) Co., Ltd.
8.Address of the mainland China area enterprise:
Room 606, 5th Floor, No. 685 Jinzhong Road, Changning District,
Shanghai, China
9.Operations of the mainland China area enterprise:
Sales of food and beverages.
10.Impact on the company's finance and business:The company is
an invested entity valued using the equity method, aimed at
expanding the Mainland market
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:None
12.Any other matters that need to be specified:None