Innovax Holdings Limited — Proxy Solicitation & Information Statement 2014

May 9, 2014

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.

(PROVISIONAL LIQUIDATORS APPOINTED) ***** （已委任臨時清盤人）

(Incorporated in Bermuda with limited liability) (Stock code: 1201)

DESPATCH OF RESPONSE DOCUMENT

Financial Adviser to Kith Holdings Limited

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Independent Financial Adviser to the Independent Committee

Grand Vinco Capital Limited

(A wholly-owned subsidiary of Vinco Financial Group Limited)

References are made to the announcements of the Company dated 15 January 2014 in relation to the Offer and 21 January 2014 in relation to the appointment of the Independent Financial Adviser (collectively, the “ Announcements ”). Unless otherwise defined, capitalized terms used herein shall have the same meanings as those defined in the Announcements.

An offeree board circular in relation to the Offer (the “ Response Document ”) containing, among other things, the recommendations from the independent committee of the Board (the “ Independent Committee ”) and the advice and recommendations from the Independent Financial Adviser to the Independent Committee and the Independent Shareholders, has been despatched to the Shareholders today.

Shareholders are strongly advised to read carefully the offer document published by the Offeror on 25 April 2014 and the Response Document before deciding whether or not to accept the Offer. Shareholders and prospective investors are also advised to exercise caution when dealing in the Shares.

By the order of the Board (with the consent and the authorisation of the JPLs and the HKPLs)

Hui Bin Long Executive Director

Hong Kong, 9 May 2014

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As at the date of this announcement, the Directors of the Company are Mr. Hui King Chun, Andrew, Mr. Hui Bin Long, Mr. Zhou Jin, Mr. Tao Fei Hu and Mr. Wang Feng Wu as Executive Directors and Mr. Ng Chi Yeung, Simon and Mr. Tam Yuk Sang, Sammy as Independent Non-Executive Directors.

The Directors of the Company jointly and severally accept full responsibility for the accuracy of information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

• For identification purpose only

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