Playmates Toys : Annual General Meeting and Special General Meeting held on 24 May 2019 - Poll Results

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PLAYMATES TOYS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code：869)

Annual General Meeting and Special General Meeting

held on 24 May 2019 - Poll Results

At the Annual General Meeting ("AGM") and Special General Meeting ("SGM") of Playmates Toys Limited (the "Company") held on 24 May 2019, a poll was demanded by the Chairman of the meetings for voting on all proposed resolutions as set out in the notice of AGM dated 26 March 2019 and the notice of SGM dated 30 April 2019 respectively.

As at the date of the AGM and the SGM, the number of issued shares of the Company was 1,180,000,000 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions at the AGM and the SGM.

POLL RESULTS OF THE AGM

The poll results in respect of each of the proposed resolutions at the AGM are as follows:

	Ordinary Resolutions	No. of Votes (%)	Total
	For	Against	number of
		votes cast
1.	To receive and consider the audited	702,101,925	0	702,101,925
	accounts and the reports of the	(100.00%)	(0.00%)
	directors and auditors of the
	Company for the year ended 31
	December 2018.
2(a).	To re-elect Mr. Cheng Bing Kin,	702,101,870	55	702,101,925
	Alain as director of the Company.	(99.99%)	(0.01%)
2(b).	To re-elect Mr. Yang, Victor as	702,101,870	55	702,101,925
	director of the Company.	(99.99%)	(0.01%)

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	Ordinary Resolutions		No. of Votes (%)	Total
		For	Against	number of
						votes cast
3.	To appoint Grant Thornton Hong	702,001,925	100,000	702,101,925
	Kong Limited as the auditors	of	(99.99%)	(0.01%)
	the Company.
4A.	To grant an unconditional mandate	701,933,670	168,200	702,101,870
	to the directors to repurchase the	(99.98%)	(0.02%)
	Company's	own	shares	not
	exceeding 10% of the issued share
	capital of the Company.
4B.	To grant an unconditional mandate	690,492,870	11,609,000	702,101,870
	to the directors to issue and allot	(98.35%)	(1.65%)
	additional	shares	not	exceeding
	20% of the issued share capital of
	the Company.
4C.	To extend the mandate granted	690,553,670	11,548,255	702,101,925
	under Resolution No. 4B by	(98.36%)	(1.64%)
	including the number of shares
	repurchased	by	the	Company
	pursuant to Resolution No. 4A.

As more than 50% of the votes were cast in favour of each of the above resolutions, all the above resolutions were duly passed as ordinary resolutions.

POLL RESULTS OF THE SGM

The poll results in respect of the proposed resolution at the SGM are as follows:

	Ordinary Resolution	No. of Votes (%)	Total
	For	Against	number of
		votes cast
1.	To approve the grant of share	690,489,950	11,236,457	701,726,407
	options by the Company to Guru	(98.40%)	(1.60%)
	Animation Studio Ltd. under the
	share option scheme adopted by the
	Company on 21 May 2018 to
	subscribe for 20,000,000 ordinary
	shares of HK$0.01 each of the
	Company at the exercise price of
	HK$0.792 per share, details of
	which are set out in the circular of
	the Company dated 30 April 2019.

As more than 50% of the votes were cast in favour of the above resolution, the resolution was duly passed as ordinary resolution.

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The number of votes in the AGM and SGM poll results represent votes cast by shareholders who were present and voting (either personally, by proxy or by corporate representative).

The branch share registrar of the Company, Tricor Abacus Limited, acted as scrutineer for the vote-taking at the AGM and SGM.

There was no share entitling the shareholder to attend and abstain from voting in favour of the resolutions at the AGM or the SGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and no shareholder of the Company was required under the Listing Rules to abstain from voting at the AGM or the SGM. There were no restrictions on any shareholders to cast votes on any of the proposed resolutions at the AGM or the SGM. No parties have indicated in the circular of the AGM dated 26 March 2019 or the circular of the SGM dated 30 April 2019 that they intended to abstain from voting on or vote against any of the resolutions at the AGM or the SGM.

By order of the Board

Ng Ka Yan

Company Secretary

Hong Kong, 24 May 2019

As at the date of this announcement, the Board of the Company comprises the following directors:

Mr. To Shu Sing, Sidney (Chairman), Mr. Chan Kong Keung, Stephen (Executive Director), Mr. Cheng Bing Kin, Alain (Executive Director), Mr. Chow Yu Chun, Alexander (Independent Non-executiveDirector), Mr. Lee Ching Kwok, Rin (Independent Non- executive Director) and Mr. Yang, Victor (Independent Non-executiveDirector)

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