FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2023 (Updated)

EF001 Disclaimer Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arisen from or in reliance upon the whole or any part of the contents of this announcement.Cash Dividend Announcement for Equity Issuer Issuer name China Foods Limited Stock code 00506 Multi-counter stock code and currency Not applicable Other related stock code(s) and Not applicable name(s) Title of announcement ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 Announcement date 11 June 2024 Status Update to previous announcement Reason for the update / change Update on (i) default currency and amount in which the dividend will be paid and (ii) exchange rate Information relating to the dividend Dividend type Final Dividend nature Ordinary For the financial year end 31 December 2023 Reporting period end for the dividend declared 31 December 2023 Dividend declared RMB 0.148 per share Date of shareholders' approval 11 June 2024 Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 0.159 per share Exchange rate RMB 1 : HKD 1.0743 Ex-dividend date 18 June 2024 Latest time to lodge transfer documents for registration with share registrar for 19 June 2024 16:30 determining entitlement to the dividend Book close period From 20 June 2024 to 21 June 2024 Record date 21 June 2024 Payment date 10 July 2024 Tricor Progressive Limited 17/F Far East Finance Centre Share registrar and its address 16 Harcourt Road Hong Kong Information relating to withholding tax Details of withholding tax applied to the dividend declared Page 1 of 2 v 1.1.1EF001 Type of shareholders Tax rate Other relevant information (if any) Enterprise - non-resident i.e. registered address For more details please refer to outside PRC 10% the Company's announcement of final results for the year ended 31 December 2023 which was published on 19 March 2024.Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information Other information Not applicable Directors of the issuer The Board comprises Mr. Qing Lijun and Mr. Shen Xinwen as executive directors; Mr. Caofeng and Mr. Chen Gang as non- executive directors; and Mr. Li Hung Kwan Alfred Mr. Mok Wai Bun Ben and Ms. Leung Ka Lai Ada as independent non- executive directors.Page 2 of 2 v 1.1.1