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MINISO Group Prepares for Annual General Meeting and Auditor Transition

MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896), a prominent global retailer known for offering fashionable lifestyle products, has officially announced plans for its Annual General Meeting (AGM) scheduled for June 12, 2025. The meeting will take place at 11:00 a.m. Hong Kong time, at Plaza 88, in Tsuen Wan, New Territories, Hong Kong, where shareholders will discuss important resolutions outlined in the AGM notice.

As part of the AGM preparations, MINISO has also filed its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the United States Securities and Exchange Commission (SEC). This report includes the company's audited consolidated financial statements and will be made available on both the SEC website and MINISO's investor relations site.

Change of Auditors

Furthermore, in a notable development, MINISO plans to transition to new auditors following the retirement of KPMG, which has served as its auditors since 2019. The company's Board has proposed to appoint Ernest Young and Ernst Young Hua Ming LLP as their new audit partners. The proposed transition follows a thorough evaluation by the Audit Committee, taking into account expertise in handling audits for listed companies on both the Hong Kong and New York stock exchanges as well as their overall market reputation.

While KPMG has confirmed their departure from the role of auditors without any disagreements with the company, the MINISO Board believes that this change will enhance the audit's independence and overall objectivity.

The AGM will also serve as an opportunity for the election of new auditors, contingent on shareholder approval. MINISO emphasizes that shareholders of record as of May 13, 2025, are entitled to participate in the AGM, with those holding American Depositary Shares (ADSs) needing to provide voting instructions to The Bank of New York Mellon.

A Commitment to Transparency

In its preparation for the AGM, MINISO has made available necessary documents including the AGM notice, circular, and proxy forms on both the HKEx and their investor relations website. Shareholders seeking physical copies of the annual report can request them via email, ensuring transparency and accessibility across the board.

About MINISO Group

Founded in 2013, MINISO has made a significant splash in the global retail scene, focusing on trendy products that provide value without compromising quality. The brand aims to create a delightful shopping experience that resonates across various demographics, promoting aesthetic appeal in their broad product lineup. As of today, MINISO operates numerous stores worldwide and continues to uphold its reputation as a trusted retailer.

For further insights into MINISO Group's latest updates, trends, and information, visit MINISO's Investor Relations Page.

In conclusion, as MINISO Group moves forward with its AGM and auditor changes, it remains committed to providing quality and transparency to its shareholders, ensuring they are informed and engaged in the company's strategic direction.