Future World Holdings Limited — Capital/Financing Update 2021

May 21, 2021

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 WORLD HOLDINGS LIMITED

未來世界控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 572)

GRANT OF SHARE OPTIONS

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

The board of directors (the “ Board ”) of the Company hereby announces that on 21 May 2021, the Company granted share options (the “ Share Option(s) ”) to certain eligible persons (the “ Grantee(s) ”) to subscribe for the total of 63,000,000 ordinary shares of the Company (the “ Share(s) ”), subject to and upon the terms and conditions of the share option scheme adopted by the Company on 22 February 2012 (the “ 2012 Share Option Scheme ”). Details of the Share Options granted are set out as follows:

Date of grant:

21 May 2021 (the “ Date of Grant ”)

Exercise price of the Share Options granted:

HK$0.1254 per Share (representing the highest of (i) HK$0.1254, being the average of the closing prices of the Shares as stated in the daily quotations sheet by the Stock Exchange for the five business days immediately preceding the Date of Grant; (ii) HK$0.121, being the closing price of the Shares as stated in the daily quotations sheet by the Stock Exchange on the Date of Grant and (iii) HK$0.02, being the nominal value of the Share)

(subject to adjustments under the terms of the 2012 Share Option Scheme in accordance with Rule 17.03(13) of the Listing Rules).

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Number of Share Options	63,000,000 Share Options (each Share Option shall entitle
granted:	the Grantees to subscribe for one (1) Share)
Closing price of the Shares on	HK$0.121 per Share
the Date of Grant:
Validity period of the Share	21 May 2021 to 20 May 2023 (two (2) years), both days
Options:	inclusive.
Vesting period of the Options:	The options shall be exercisable immediately on the Date of
	Grant

Among the Share Options granted above, 28,200,000 Share Options were granted to the directors of the Company. Details are as follows:

Name of the GranteesPositionMr. Cai LinzhanExecutive DirectorMr. Siu Yun FatExecutive DirectorMr. Yu QingruiExecutive DirectorEmployee–Consultant–Total	Number ofShare Options granted9,400,0009,400,0009,400,00025,400,0009,400,00063,000,000

The grant of Share Options to the directors of the Company have been approved by all the independent non-executive directors of the Company pursuant to Rule 17.04(1) of the Listing Rules.

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Save as disclosed above, 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) as at the date of this announcement.

By order of the Board Future World Holdings Limited Liang Jian Chairman

Hong Kong, 21 May 2021

As at the date of this announcement, the Board comprises (i) seven executive Directors, namely Mr. Liang Jian, Mr. Yu Zhenzhong, Mr. Cai Linzhan, Mr. Lau Fai Lawrence, Mr. Siu Yun Fat, Mr. Wang Fei, and Mr. Yu Qingrui; and (ii) five independent non-executive Directors, namely Mr. Chen Pei, Mr. Siu Siu Ling, Robert, Mr. Tam Tak Wah, Mr. Wang Ning and Mr. Zheng Zongjia.

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