Naked Brand Group Limited Shareholders Overwhelmingly Approve Acquisition of Cenntro at Extraordinary General Meeting

Cenntro Electric Group Limited expects to begin trading on Nasdaq on or about December 30^th, subject to final Nasdaq Approval

Naked Brand Group Terminates at-the-market offering; has sufficient cash on balance sheet to satisfy stock purchase capital requirements

SYDNEY, AUSTRALIA / ACCESSWIRE / December 21, 2021 / Naked Brand Group Limited (ACN 619 054 938) (NASDAQ:NAKD) ("Naked" or the "Company") today announced that at an extraordinary general meeting of shareholders (the "Extraordinary General Meeting") held at 10:00am (AEDT), Tuesday, December 21, 2021 / 6:00pm (EST), Monday, December 20, 2021, its shareholders overwhelmingly approved the acquisition ("Proposed Transaction") of Cenntro Automotive Group Limited, Cenntro Automotive Corporation, and Centro Electric Group, Inc. ("Cenntro"), a commercial EV technology company.

A total of 210,228,094 ordinary shares of the Company were voted, representing approximately 20.6% of the shares of the Company's ordinary shares issued and outstanding as of the close of business on December 20, 2021 (EST), with the following results:

Resolution	Percentages of Votes For	Percentages of Votes Against	Percentages of Votes Withheld
Approval of Proposed Transaction for all purposes, including item 7 of section 611of the Corporations Act	96.99%	1.74%	1.26%
Approval of the change in Company name	97.78%	1.47%	0.74%
Approval to amend Constitution	96.62%	2.10%	1.28%
Election of Mr. Peter Wang as a Director	96.39%	1.48%	2.13%