Future Data Group Limited — Capital/Financing Update 2018

Dec 31, 2018

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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FUTURE DATA GROUP LIMITED

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 8229)

VOLUNTARY ANNOUNCEMENT

CAPITAL REDUCTION ON OUR KOREA SUBSIDIARY

This announcement is made by Future Data Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) on a voluntary basis. The purpose of this announcement is to keep the shareholders and potential investors of the Company informed of the latest business development of the Group.

During the year, Korea Tax Authority has conducted regular tax investigation on prior years profits of our subsidiary, SuperChips Limited. They concluded that SuperChips Limited has assessable incomes which were subject to Korean tax rules and liable to tax payments totalling Korean Won 842,202,990.

To satisfy the tax payments due on 31 December 2018, the management decided that our Korea subsidiary, Global Telecom Company Limited, shall make a repurchase of 10,000 of its own shares from SuperChips Limited and cancel the same shares immediately. SuperChips Limited will use the proceeds from disposal of shares to settle the relevant tax payables. Upon the completion of shares repurchase, SuperChips Limited remains to hold 100% shareholding of Global Telecom Company Limited but the number of shares has been reduced by 5% to 190,000 shares.

By Order of the Board Future Data Group Limited Suh Seung Hyun Chairman

Hong Kong, 31 December 2018

As at the date of this announcement, the executive directors of the Company are Mr. Suh Seung Hyun, Mr. Phung Nhuong Giang, Mr. Lee Seung Han and Mr. Ryoo Seong Ryul, and the independent nonexecutive directors of the Company are Mr. Wong Sik Kei, Mr. Sum Chun Ho and Mr. Yung Kai Tai.

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This announcement, for which the directors of the Company collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the website of the Company at www.futuredatagroup.com.

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