Dfi Retail Intl Regulatory News (DFI)

DAIRY FARM INTERNATIONAL HOLDINGS LIMITED

Dairy Farm International Holdings Limited (the 'Company') announces that Dave Cheesewright, Weiwei Chen and Christian Nothhaft will be joining the Board of the Company as Non-Executive Directors with effect from 30th November 2021.

Dave Cheesewright is the former President and CEO of Walmart International, responsible for all Walmart's businesses outside the United States. He is currently a director of Coles Group Limited, Rapha Racing Ltd and an advisory board member of Smith School of Business, Queen's University, Ontario.

Weiwei Chen is the former Vice President and Chief Financial Officer, China of Starbucks and Chief Financial Officer, China Division of Yum! Brands. She has more than 27 years of diverse industry experience in consumer, retail and pharmaceutical companies. She is currently a non-executive director of, and Senior Business Adviser to, HBM Holdings Ltd, a global, clinical stage biopharmaceutical company and Board Senior Adviser to Pharmplus, a retail pharmacy chain.

Christian Nothhaft has many years of experience in the retail sector in Asia, including as former CEO of Watsons Personal Care Stores, China and Managing Director of Fortress. He is currently the Chair of China Group International Investment Ltd, which focuses on investments in Asian consumer businesses and consumer technologies, and Entrepreneur in Residence with Warburg Pincus LLC, focusing on retail and health & beauty investments.

The Company also announces that Delman Lee, George Ho, YK Pang, Clive Schlee and Percy Weatherall will be retiring from the Board of the Company with effect from 30th November 2021. The Company thanks each of them for their valuable contribution over many years.

The Board continues to evolve its composition as it responds to the changing business environment in which the Company operates and will benefit from a smaller board and more external expertise.

In connection with the above appointments, the Company advises that Dave Cheesewright has held a directorship in the following listed company in the past five years:

In connection with the above appointments, the Company advises that Weiwei Chen has held a directorship in the following listed company in the past five years:

No further information is required to be disclosed in respect of Dave Cheesewright, Weiwei Chen or Christian Nothhaft pursuant to 9.6.13R of the Listing Rules of the UK Listing Authority.

Jonathan Lloyd, Jardine Matheson Limited

For and on behalf of Dairy Farm International Holdings Limited

19th November 2021

www.dairyfarmgroup.com