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BEST Inc. to Hold 2022 Annual General Meeting on November 9, 2022

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BEST Inc. (NYSE: BEST) has announced its 2022 annual general meeting (AGM) to be held on November 9, 2022, at 10:00 a.m. in Hangzhou, China. No proposals will be presented for shareholder approval; instead, the AGM will function as a forum for shareholder discussions with management. The record date for eligible shareholders is set for October 7, 2022. Additionally, BEST has filed its annual report on Form 20-F with the SEC, containing audited financial statements for the fiscal year ending December 31, 2021, available on its investor relations website.

Positive
  • The annual general meeting provides a platform for open communication between shareholders and management.
  • Filing of the annual report on Form 20-F ensures compliance with regulatory requirements.
Negative
  • No proposals for shareholder approval may suggest a lack of significant business developments or changes.

HANGZHOU, China, Sept. 23, 2022 /PRNewswire/ -- BEST Inc. ("BEST" or the "Company") (NYSE: BEST), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia ("SEA"), today announced that it will hold its 2022 annual general meeting of shareholders at 5th Floor, Block A, Huaxing Modern Industry Park, No. 18 Tangmiao Road, Xihu District, Hangzhou, Zhejiang Province, People's Republic of China at 10:00 a.m. (Beijing time) on November 9, 2022.

No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders to discuss Company affairs with management. The chairman of the AGM will conduct and lead the AGM and may accept questions from shareholders at his sole and absolute discretion.

The board of directors of the Company has fixed the close of business on October 7, 2022 (Eastern Daylight Time) as the record date (the "Record Date") for determining the shareholders entitled to receive notice of and attend the annual general meeting or any adjournment or postponement thereof.  Holders of record of the Company's ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person.   

BEST 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, 2021, with the U.S. Securities and Exchange Commission (the "SEC"). BEST's Annual Report can be accessed on the investor relations section of its website at http://ir.best-inc.com or on the SEC's website at http://www.sec.gov.

Holders of the Company's ordinary shares may obtain a hard copy of the Annual Report, free of charge, by writing to:

BEST Inc.
c/o 5th Floor, Block A, Huaxing Modern Industry Park 
No. 18 Tangmiao Road, Xihu District, Hangzhou 
Zhejiang Province 310013 
People's Republic of China 
Attention: IR Department

ABOUT BEST INC.

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-added services, including freight delivery, supply chain management, and global logistics services. BEST's mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain. For more information, please visit: http://www.best-inc.com/en/.     

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SOURCE BEST Inc.

FAQ

When is BEST's 2022 annual general meeting?

The 2022 annual general meeting for BEST Inc. is scheduled for November 9, 2022.

What is the location of BEST's annual general meeting?

The meeting will be held at the 5th Floor, Block A, Huaxing Modern Industry Park in Hangzhou, China.

What date is the record date for BEST's annual general meeting?

The record date is set for October 7, 2022.

Where can I access BEST's annual report on Form 20-F?

BEST's annual report can be accessed on its investor relations website or the SEC's website.

Will there be any proposals for approval at the AGM?

No proposals will be submitted for shareholder approval at the annual general meeting.

BEST Inc. American Depositary Shares, each representing twenty (20)

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