Boyaa Interactive International Limited — Share Issue/Capital Change 2015

Sep 7, 2015

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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Boyaa Interactive International Limited 博雅互動國際有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 0434)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

The board (the “ Board ”) of directors (the “ Directors ”) of Boyaa Interactive International Limited (the “ Company ”) announces that on 7 September 2015, the Company has granted 158 employees (the “ Grantees ”) an aggregate of 26,360,000 share options (the “ Share Options ”), subject to the acceptance of the Grantees, under the share option scheme adopted by the Company on 23 October 2013 and effective from 12 November 2013. The Share Options shall entitle the Grantees to subscribe for an aggregate of 26,360,000 ordinary shares (the “ Shares ”) in the share capital of the Company, representing approximately 3.45% of the issued share capital of the Company as at the date of this announcement. Brief details of the Share Options granted are as follows:

Date of grant : 7 September 2015 Exercise price of : Each Share Option shall entitle the holder of the the Share Options granted Share Option to subscribe for one Share upon exercise of such Share Option at an exercise price of HK$3.108 per Share

Number of : 26,360,000 the Share Options granted

Closing price of the Shares on : HK$2.95 per Share the date of grant

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Average of the closing prices of : HK$3.108 per Share the Shares for the five trading days immediately preceding the date of grant

• Validity period of : The validity period of the Share Options shall be the Share Options granted ten years from the date of grant and the Share Options shall lapse at the expiry of the validity period.

Vesting Schedule

• : Subject to the satisfactory performance of the option holders, the options granted shall be vested in accordance with the following vesting schedule:

  • (i) as to 25% of the options granted on the date ending 12 months after the date of grant;

  • (ii) as to 25% of the options granted on the date ending 24 months after the date of grant; and

  • (iii) as to the remaining 50% of the options granted, on a monthly basis starting from the 25th month after the date of grant in 24 monthly equal lots.

The exercise price of HK$3.108 per Share represents the higher of: (i) the closing price of HK$2.95 per Share as quoted on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) on the date of grant of the Share Options; and (ii) the average of the closing prices of the Shares as quoted on the Stock Exchange for the 5 trading days immediately preceding the date of grant of the Share Options of HK$3.108 per Share.

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None of the Grantees is a Director, chief executive or substantial shareholder of the Company, or any of their respective associates (as defined in the Listing Rules).

By Order of the Board Boyaa Interactive International Limited ZHANG Wei

Chairman and Executive Director

Hong Kong, 7 September 2015

As at the date of this announcement, the executive directors of the Company are Mr. ZHANG Wei and Mr. DAI Zhikang; the independent non-executive directors are Mr. CHEUNG Ngai Lam, Mr. CHOI Hon Keung Simon and Mr. GAO Shaofei.

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