GlobeNewswire Inc | Nov 30, 2020 07:00AM EST

November 30, 2020

GUANGZHOU, China, Nov. 30, 2020 (GLOBE NEWSWIRE) -- JOYY Inc.(NASDAQ: YY), a global video-based social media platform (JOYY or the Company), today announced that it will hold its 2020 annual general meeting of shareholders at Gallery 303, 3/F, Rosewood Guangzhou, 6 East Zhujiang Road, Tianhe District, Guangzhou 510623, Peoples Republic of China on December 18, 2020 at 2:00 p.m. (localtime).

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 of record and beneficial owners of the Companys American depositary shares (ADSs) to discuss Company affairs with the management.

The board of directors of the Company has fixed the close of business on November 30, 2020 as the record date (the Record Date) for determining the shareholders entitled to receive notice of the annual general meeting or any adjourned or postponed meeting thereof.

Holders of record of the Companys common 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. Beneficial owners of the Companys ADSs are welcome to attend the annual general meeting in person.

The Company has filed its annual report on Form 20-F (the Annual Report), which includes the Companys audited financial statements for the fiscal year ended December 31, 2019, with the U.S. Securities and Exchange Commission (the SEC). The Companys Annual Report can be accessed on the investor relations section of its website at http://ir.yy.com/, as well as on the SECs website at http://www.sec.gov/.

Holders of the Companys common shares or ADSs may obtain a hard copy of the Annual Report free of charge by contacting JOYY Inc.atir@yy.comor by writing toJOYY Inc.atBuilding B-1, North Block ofWanda Plaza, No.79 Wanbo Er Road,Nancun Town,Panyu District,Guangzhou511442, the PeoplesRepublic of China, telephone: +86 (20) 8212-0000.

AboutJOYY Inc.

JOYY Inc. is a global social media platform. The Companys highly engaged users contribute to a vibrant social community by creating, sharing, and enjoying a vast range of entertainment content and activities. JOYY enables users to interact with each other in real time through online live media and offers users a uniquely engaging and immersive entertainment experience. JOYY owns BIGO, a fast-growing global tech company headquartered in Singapore. BIGO owns several popular video based social platforms including BIGO live, a leading global live streaming platform outside China; Likee, a leading global short-form video social platform; and video communication service and others. JOYY has created an online community for global video and live streaming users. JOYY Inc. was listed on the NASDAQ in November 2012.

Investor Relations Contact

JOYY Inc.Jane Xie/Maggie YanTel: +86 (20) 8212-0000Email:IR@YY.com

ICR, Inc.Jack WangTel: +1 (646) 915-1611Email:IR@YY.com