BUSINESS: JOYY Inc. Will Hold 2021 Annual General Meeting On December 27, 2020

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by Daniel Webster, dWeb.News Editor

November 16, 2021 18: 00 ET | Source: JOYY Inc.

SINGAPORE, Nov. 17, 2021 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company,” formerly known as YY Inc.), a global video-based social media company, today announced that it will hold its 2021 annual general meeting of shareholders (the “AGM“) at Conference Room #3, 4/F, Sheraton Guangzhou Panyu, No. 46 Wanhui Yi Road, Panyu District, Guangzhou 511400, People’s Republic of China on December 27, 2021 at 2 p.m. (Beijing time).

Holders of the Company’s common shares with par value of US$0. 00001 per share whose names are registered on the register of members of the Company at the close of business on November 18, 2021 (Beijing time) are entitled to notice of, and to vote at, the annual general meeting or any adjournment or postponement thereof. Holders of the Company’s American depositary shares (“ADSs”) as of the close of business on November 18, 2021 (New York time) who wish to exercise their voting rights for the underlying Class A common shares must act through the depositary of the Company’s ADS program, Citibank N.A. The AGM will allow the Company’s shareholders the opportunity to review and, if necessary, approve amendments and restatement of its Second Amended, Restated Memorandum, Articles of Association. These shares are held at 2012 (New York time). Holders of ADSs must act through Citibank N.A., the depositary of the Company’s ADS program. The board of directors at JOYY supports the proposed resolution. They recommend that shareholders and holders ADSs vote for the resolution in the Notice.

The notice of the AGM, which sets forth the resolutions to be submitted to shareholder approval at the meeting, is available on the Investor Relations section of the Company’s website at http://ir.joyy.com/, as well as on the website of the U.S. Securities and Exchange Commission (the “SEC“) at http://www.sec.gov/.

The Company has filed its annual report on Form 20-F (the “Annual Report“), which includes the Company’s audited financial statements for the fiscal year ended December 31, 2020, with the SEC. You can access the Company’s Annual Report at these websites.

Holders of the Company’s common shares or ADSs may obtain a hard copy of the Annual Report free of charge by contacting JOYY Inc. at joyy-ir@joyy.com or by writing to JOYY Inc. at Building B-1, North Block of Wanda Plaza, No. 79 Wanbo Er Road, Nancun Town, Panyu District, Guangzhou 511442, the People’s Republic of China, telephone: +86 (20) 8212-0000.

About JOYY Inc.

JOYY is a leading global social media company that enables users to interact with each other in real time through online live media. JOYY is a social media company that aims to enrich people’s lives and connect them through video. Currently, JOYY operates several products including Bigo Live, Likee, Hago, instant messaging, and multiplayer social interaction. The Company has built a vibrant and engaging user community that is accessible to users around the world. JOYY was listed on the NASDAQ in November 2012.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made pursuant to the U.S. “safe harbor” provisions. Private Securities Litigation Reform Act of 1995. These forward-looking statements are identified using terminology such as “will”, “expects,””anticipates,”,”future,”,”intends,” plans,”believes,” estimates, and similar statements. Forward-looking statements may also be included in JOYY’s operational and strategic plans. JOYY could also make forward-looking statements orally or in writing in its periodic reports and annual reports to shareholders. Forward-looking statements include statements that are not historical facts and statements regarding JOYY’s beliefs, expectations, and plans. Forward-looking statements are subject to inherent risks and uncertainties. There are many factors that could cause actual results not to be as expected. Additional information about these factors, as well as other risks and uncertainties, is available in JOYY’s filings to the SEC. All information in this press release is current as of the date it was issued.

Investor Relations Contact

JOYY Inc.
Jane Xie/Maggie Yan
Email: joyy-ir@joyy.com

ICR, LLC
Robin Yang
Email: joyy@icrinc.com

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