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 arising from or in reliance upon the whole or any part of the contents of this announcement.

NONGFU SPRING CO., LTD.

農夫山泉股份有限公司

A joint stock company incorporated in the People's Republic of China with limited liability

Stock Code9633

RESIGNATION OF SUPERVISOR

AND PROPOSED APPOINTMENT OF SUPERVISOR

Nongfu Spring Co., Ltd. (the "Company") hereby announces that Ms. Qiu Hongying (裘紅鶯) has tendered her resignation to the supervisory committee of the Company (the "Supervisory Committee") and will resign as the shareholder representative supervisor of the Company and the chairman of the Supervisory Committee as she has attained the age of retirement. The resignation of Ms. Qiu Hongying will take effect on the effective date of the appointment of the new shareholder representative supervisor of the Company.

Ms. Qiu Hongying has confirmed that she has no disagreement with the board of directors of the Company (the "Board") and the Supervisory Committee and there are no other matters in relation to her resignation that need to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Company would like to take this opportunity to express its sincere gratitude to Ms. Qiu Hongying for her valuable contribution to the Company during her tenure.

In order to fill the vacancy in the position of the shareholder representative supervisor resulting from the resignation of Ms. Qiu Hongying, the Supervisory Committee resolved on April 16, 2021 to propose the appointment of Mr. Zhong Jigang(鐘紀鋼) as the shareholder representative supervisor of the Company. The proposed appointment is subject to the approval by the Shareholders at the general meeting of the Company.

The biographical details of Mr. Zhong Jigang are as follows:

Mr. Zhong Jigang, aged 62, has served as the vice president of Yangshengtang Company Limited (養生堂有限公司) from February 2020. He served as the general manager of the Agricultural Product Business Department of the Company, deputy general manager and executive director of the Company from April 2015 to March 2020 and served as the production director, general manager and deputy general manager of the Company

from January 2001 to November 2006. In addition, he served as the general manager of Zhejiang Nongfu Industrial Development Company Limited (浙江農夫實業發展有 限公司) from June 2014 to April 2015 and the deputy general manager of Zhejiang Minghuang Natural Food Products Co., Ltd. (浙江茗皇天然食品開發股份有限公司) from August 2013 to June 2014. He was responsible for the management of Hangzhou Dingjin Food Co., Ltd. (杭州頂津食品有限公司) from March 1995 to July 1999 and was engaged in technical and management work of the steel pipe plant of the Steel Pipe Branch of Hangzhou Iron and Steel Factory (杭州鋼鐵廠鋼管分廠 ) from January 1982 to February 1995.

Mr. Zhong Jigang obtained a bachelor's degree in automation from the Central South Mining & Metallurgical College (中南礦冶學院) (subsequently renamed as the Central South University of Technology(中南工業大學), now known as the Central South University(中南大學)) in December 1981.

Save as disclosed above and as of the date of this announcement, Mr. Zhong Jigang does not have any relationships with any directors, senior management, substantial shareholder(s) or controlling shareholder(s) of the Company, or hold any other positions in the Company or any of its subsidiaries, or any other directorships in public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years preceding the date of this announcement.

As of the date of this announcement, Mr. Zhong Jigang holds 5,598,030 H shares of the Company, representing approximately 0.05% of the issued shares of the Company. Save as disclosed above and as of the date of this announcement, Mr. Zhong Jigang does not have or is deemed to have any interest or short positions in the shares, underlying shares or debentures of the Company or any of its associated corporations (within the meaning of Part XV of the Securities and Futures Ordinance).

After Mr. Zhong Jigang's appointment is approved at the general meeting of the Company, he will enter into a service contract with the Company. Mr. Zhong Jigang will not receive remuneration (including bonus payments, subsidies, allowances and social insurance) in his position as a shareholder representative supervisor. According to the articles of association of the Company, the term of office of Mr. Zhong Jigang as shareholder representative supervisor will commence from the date of approval on his appointment by the Shareholders and end on the date of expiry of the term of office of the seventh session of the Supervisory Committee, and he shall be eligible for reelection after the expiry of his term of office.

Save as disclosed above and as of the date of this announcement, the Supervisory Committee is not aware of any other matters in relation to the appointment of Mr. Zhong Jigang as a supervisor that need to be brought to the attention of the Shareholders, nor any information that is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

A circular of the Company containing, among other things, detailed information of the above-mentioned matters will be dispatched to the Shareholders in due course.

On behalf of the Board

Nongfu Spring Co., Ltd.

Zhong Shanshan

Chairman

Hong Kong, April 16, 2021

As at the date of this announcement, the board of directors of the Company comprises Mr. Zhong Shanshan, Mr. Guo Zhen, Mr. Zhou Li, Ms. Zhou Zhenhua and Mr. Liao Yuan as executive directors; Mr. Zhong Shu Zi as a non-executive director; Mr. Stanley Yi Chang, Mr. Yang, Lei Bob and Mr. Lu Yuan as independent non- executive directors.

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Nongfu Spring Co. Ltd. published this content on 16 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 April 2021 11:40:02 UTC.