Joy Spreader Group Inc. — Capital/Financing Update 2014

Sep 4, 2014

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) 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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AGTech Holdings Limited 亞博科技控股有限公司[*] (incorporated in Bermuda with limited liability)

(Stock Code: 8279)

VOLUNTARY ANNOUNCEMENT

BUSINESS UPDATE

The Company is pleased to update our shareholders and potential investors that its strategic initiatives as disclosed in its interim results announcement dated 13 August 2014 remain on-track.

This announcement is made by AGTech Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) on a voluntary basis to keep shareholders and potential investors informed of the latest developments of the Company.

The board (the “ Board ”) of directors (the “ Directors ”) of the Company wishes to reiterate and reaffirm its continuing confidence in the strategic initiatives (“ Initiatives ”) as disclosed in the “MANAGEMENT DISCUSSION AND ANALYSIS” section of the Company’s interim results announcement dated 13 August 2014. In particular, we are pleased with the progress of the following Initiatives:

1. Our virtual sports betting sales have experienced meaningful improvement since the second quarter this year following the further refinement and localisation of our “e-Ball” game in Jiangsu province. As this game has gained increased popularity and public awareness, a new round of promotional campaign to further boost its sales and distribution is in final planning and shall be rolled out throughout the remainder of this year;

• For identification purposes only

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1. Our virtual sports game, “Lucky Racing”, has continued to be operated successfully in the province of Hunan, in advance of a planned rollout to more provinces across Mainland China. Our partners at the sports lottery have completed the “next generation” national high frequency game platform that will carry our Lucky Racing game to other provinces beyond Hunan. We therefore continue to expect the game to be launched in more province(s) in China during this year;

2. Since the commencement of the replacement cycle for sports lottery terminals in 2013, our lottery terminal supply division (GOT), with its excellent product capability and professional services, has succeeded in winning multiple sports lottery terminal tenders for various provinces and municipality in China (including Jilin, Hebei, Tianjin, Zhejiang, Shaanxi, Inner Mongolia, Guangdong, Guizhou, Anhui, Heilongjiang, Fujian, Beijing and Shanxi), further reinforcing its leading position in the Chinese sports lottery terminal market. We are already supplying GOT terminals outside of China (e.g. South Africa) and continue to explore growing this international business in future via a network of recently established international distributors following technical trials in over 10 countries to date;

3. In light of the very high levels of internet and smart phone penetration in China, we intend to participate in these exciting arenas via the provision of internet/mobile systems and games, and as a distributor, subject to government approval; and

4. As announced on 15 July 2014, the Group is currently in final assessment of a potentially exciting acquisition opportunity in China.

Each of the Initiatives remains on-track and the Company will update the market of any material developments in due course. The Board confirms that it is not aware of any information which are obliged to be announced to avoid a false market in the Company’s securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong).

By order of the Board AGTech Holdings Limited Sun Ho Chairman & CEO

The Hong Kong Special Administrative Region of the People’s Republic of China, 4 September 2014

As at the date of this announcement, the Board comprises (i) Mr. Sun Ho, Mr. Robert Geoffrey Ryan, Mr. Bai Jinmin and Mr. Liang Yu as executive Directors; (ii) Mr. Ho King Fung, Eric as non-executive Director; and (iii) Ms. Monica Maria Nunes, Mr. Wang Ronghua and Mr. Hua Fengmao as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on The Growth Enterprise Market (“GEM”) of the Stock Exchange for the purpose of giving information with regard to the Company. The Directors, having made all

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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 Announcement” page of the GEM website operated by the Stock Exchange at www.hkgem.com for at least seven days from the day of its posting and will be published on the website of the Company at www.agtech.com.

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