Apollo Future Mobility Group Limited — Capital/Financing Update 2017

Dec 28, 2017

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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O Luxe Holdings Limited 奧 立 仕 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (Stock code: 860)

COMPLETION OF DISCLOSEABLE TRANSACTION: THE US$35 MILLION SUBSCRIPTION OF DIVERGENT PREFERRED SHARES

Reference is made to the announcements of O Luxe Holdings Limited (the ‘‘Company’’) dated 22 November 2017 and 15 December 2017 (the ‘‘Announcements’’) regarding the discloseable transaction in relation to the Amended Convertible Note and Amended Subscription Agreement. Unless defined otherwise, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

The Board is pleased to announce that all the Conditions Precedent of the Amended Subscription Agreement have been fulfilled and completion successfully took place on 27 December 2017 (Pacific Time). Upon Closing, the Automatic Conversion of the Amended Convertible Note has been triggered and the Amended Convertible Note has been automatically converted into 1,725,403 Divergent Preferred Shares. As at the date of this Announcement, the Purchaser holds a total of approximately 27% of the fully diluted share capital of Divergent.

By order of the Board O Luxe Holdings Limited Ho King Fung, Eric Chairman

Hong Kong, 28 December 2017

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As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Ho King Fung, Eric (Chairman), Mr. Ho Chi Kit and Mr. Hiroyasu Koma; one non-executive Director, namely Mr. Zhang Jinbing (Co-Chairman); and three independent non-executive Directors, namely Mr. Tam Ping Kuen, Daniel, Mr. Teoh Chun Ming and Mr. Heung Chee Hang, Eric.

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