Accel : POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 23 SEPTEMBER 2020

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.

ACCEL GROUP HOLDINGS LIMITED

高陞集團控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1283)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 23 SEPTEMBER 2020

References are made to the circular (the "Circular") and the notice of the annual general meeting (the "AGM" and the "AGM Notice", respectively) of Accel Group Holdings Limited (the "Company"), both dated 23 July 2020.

The board (the "Board") of directors (the "Directors") of the Company is pleased to announce that all the proposed ordinary resolutions (the "Proposed Resolutions") as set out in the AGM Notice were duly passed by the holders of the Company's shares (the "Shares" and the "Shareholders", respectively) by way of poll at the AGM held on Wednesday, 23 September 2020 (the "2020 AGM").

As at the date of the 2020 AGM, the total number of Shares in issue was 800,000,000 and there were 800,000,000 issued Shares entitling the Shareholders to attend and vote on the Proposed Resolutions at the 2020 AGM. There were no Shares entitling the Shareholders to attend but abstain from voting in favour of the Proposed Resolutions at the 2020 AGM 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").

None of the Shareholders was required under the Listing Rules to abstain from voting on the Proposed Resolutions at the 2020 AGM. None of the Shareholders has stated in the Circular his/her/its intention to vote against or to abstain from voting on any of the Proposed Resolutions at the 2020 AGM.

Tricor Investor Services Limited, the Hong Kong branch share registrar of the Company, was appointed and acted as the scrutineer for the vote-taking at the 2020 AGM.

1

The poll results in respect of all the Proposed Resolutions put to the vote of the 2020 AGM are set out as follows:

					Number of Votes	Passed by
		Ordinary Resolutions				(%) (Note 1)
								Shareholders
					For		Against
1.	To consider and adopt the audited consolidated	600,005,050		0	Yes
	financial statements of the Company and its	(100%)		(0%)
	subsidiaries and the reports of the Directors and
	independent auditor of the Company for the year
	ended 31 March 2020 (the "Year").
2	To approve the payment of a final dividend of	600,005,050		0	Yes
	HK3.2 cents per Share for the Year.			(100%)		(0%)
3.	(a)	To re-elect Mr. Ko Lai Hung	as	an	600,005,050		0	Yes
		executive Director.			(100%)		(0%)
	(b)	To re-elect Ms. Cheung Mei Lan	as	an	600,005,050		0	Yes
		executive Director.			(100%)		(0%)
4.	To authorise the Board to fix the remuneration of	600,005,050		0	Yes
	the Directors for the year ending 31 March 2021.	(100%)		(0%)
5.	To re-appoint Deloitte Touche Tohmatsu as the	600,005,050		0	Yes
	independent auditor of the Company and	(100%)		(0%)
	authorise the Board to fix its remuneration.
6.	To give a general mandate to the Directors to	600,005,050		0	Yes
	allot, issue and deal with additional Shares not	(100%)		(0%)
	exceeding 20% of the aggregate number of the
	issued Shares as at the date of the passing of this
	resolution (the "Issue Mandate"). (Note 2)
7.	To give a general mandate to the Directors to	600,005,050		0	Yes
	repurchase Shares not exceeding 10% of the	(100%)		(0%)
	aggregate number of the issued Shares as at the
	date of the passing of this resolution. (Note 2)
8.	Conditional upon the passing of resolutions	600,005,050		0	Yes
	numbered 6 and 7 set out in the AGM Notice, to	(100%)		(0%)
	extend the Issue Mandate by the number of
	Shares repurchased by the Company. (Note 2)

2

Notes:

1. The number of votes and the percentage of the total votes as stated above are based on the total number of the issued Shares held by the Shareholders who attended and voted at the 2020 AGM in person, by authorised representative or by proxy.
2. For the full text of the Proposed Resolutions, please refer to the AGM Notice.

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

For and on behalf of

Accel Group Holdings Limited

Ko Lai Hung

Chairman, Chief Executive Officer and Executive Director

Hong Kong, 23 September 2020

As at the date of this announcement, the executive Directors are Mr. Ko Lai Hung and Ms. Cheung Mei Lan; the non-executive Director is Mr. Ko Angus Chun Kit and the independent non-executive Directors are Mr. Chan Cheong Tat, Ms. Tse Ka Wing and Mr. Ho Chi Shing.

3