Procedures to Propose

Article 85 of the Articles of Association (the "AoA") of Ausnutria provides that "No person other than a Director of the Company retiring at the meeting shall, unless recommended by the Directors for election, be eligible for election as a Director at any general meeting unless a Notice signed by a Member (other than the person to be proposed) duly qualified to attend and vote at the meeting for which such notice is given of his intention to propose such person for election and also a Notice signed by the person to be proposed of his willingness to be elected shall have been lodged at the head office or at the Registration Office provided that the minimum length of the period, during which such Notice(s) are given, shall be at least seven (7) days and that (if the Notices are submitted after the despatch of the notice of the general meeting appointed for such election) the period for lodgment of such Notice(s) shall com-mence on the day after the despatch of the notice of the general meeting appointed for such election and end no later than seven (7) days prior to the date of such general meeting."

Accordingly, if a shareholder of Ausnutria wishes to nominate a person to stand for election as a Director at the annual general meeting (the "AGM") of the Company, the following docu-ments must be validly served on the company secretary at Ausnutria's principal place of business in Hong Kong within the period specified in Article 85 of the AoA, namely:

  1. his/her notice of intention to propose a resolution to elect a nominated candidate as a Director at the AGM;
  2. a notice signed by the nominated candidate of the candidate's willingness to be elected;
  3. the nominated candidate's information as required to be disclosed under Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited; and
  4. the nominated candidate's written consent to the publication of his/her personal data.

*The Chinese version of this document is for reference only. In case of any discrepancy between the Chinese and the English version, the English version shall prevail.