Minute of the Shareholder Meeting for fiscal year 2016


Dear Shareholders,

This morning, the Fiscal Year 2016 Annual Shareholder Meeting of Searefico Refrigeration Industry Corporation (Searefico – HOSE: SRF) was held successfully.

The year 2016 marked the thrive of the construction and real estate markets, especially the high end market, and five star hotels and Class-A condominiums – offices. SRF business has flourished in all aspects since its equitization. The meeting earned the support, interest and encouragement of Shareholders.

Please see the detailed meeting minute attached.

Best regards,