The Board of Jiayuan Services Holdings Limited announced that it has resolved to withdraw the recommendation it made at the meeting of the Board held on 29 March 2022 regarding the 2021 Final Dividend. Consequently, the proposal and resolution regarding the declaration of the 2021 Final Dividend is withdrawn for the forthcoming adjourned annual general meeting of the Company to be held on, 8 July 2022. The announcement of the Company dated 9 June 2022 regarding the recommendation of the board of directors (the "Board") of the Company to distribute a final dividend of HK 79 cents per ten ordinary shares for the year ended 31 December 2021 (the "2021 Final Dividend").

The Board has taken into consideration of the operation and financial conditions of the Group, the continued volatility of the market and the continuing impacts of COVID-19 pandemic. After careful consideration, the Board concluded that the withdrawal of the recommendation on distribution of final dividend is to the long-term benefit of the Group to reserve financial resources to better manage any future economic and financial impacts.