HF Foods enters cooperation agreement with dissident stockholders; litigation dismissed

HF Foods Group Inc.

Cooperation Agreement with Zhou Min Ni, Raymond Ni, and others effective Nov 21, 2024.
Stockholders will vote proportionally to disinterested stockholders through 60 days after 2025 annual meeting.
Standstill restrictions include no proxy contests, acquisitions, or litigation during Cooperation Period.
Parties to file joint dismissal of Nevada federal action without prejudice; statutes of limitations tolled.
Agreement resolves control dispute stemming from company's May 2023 complaint against stockholders.

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