Joy Spreader Group Inc. — Share Issue/Capital Change 2014

Aug 19, 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)

GRANT OF SHARE OPTION

This announcement is made pursuant to Rule 23.06A of the Rules Governing the Listing of Securities of the Growth Enterprise Market (“ GEM ”) of The Stock Exchange (the “ GEM Listing Rules ”).

The board (the “ Board ”) of directors (the “ Directors ”) of AGTech Holdings Limited (the “ Company ”) hereby announces that the Company has granted share option (the “ Option ”) to a staff of the Company, subject to acceptance by such grantee, under the share option scheme adopted by the Company on 18 November 2004. The following are the details of the share option granted:

Date of grant : 19 August 2014 (the “ Date of Grant ”) Exercise price of the : HK$1.378 to subscribe for one ordinary share of HK$0.002 Option granted each of the Company (the “ Share ”) The Option granted entitling : 25,000,000 Shares the grantee to subscribe up to a total of Closing price of the Shares : HK$1.33 per Share on the Date of Grant

• For identification purpose only

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Average closing price of the : HK$1.378 per Share Shares for the five business days immediately preceding the Date of Grant on which the Shares were traded on the Stock Exchange

Validity period of : 7 July 2015 to 6 July 2016 for 3,125,000 Shares the Option 7 July 2016 to 6 July 2017 for 3,125,000 Shares 7 July 2017 to 6 July 2018 for 3,125,000 Shares 7 July 2018 to 6 July 2019 for 3,125,000 Shares 7 July 2019 to 6 July 2020 for 3,125,000 Shares 7 July 2020 to 6 July 2021 for 3,125,000 Shares 7 July 2021 to 6 July 2022 for 3,125,000 Shares 7 July 2022 to 6 July 2023 for 3,125,000 Shares

The grantee is neither a Director, chief executive or substantial shareholder of the Company, nor an associate (as defined under the GEM Listing Rules) of any of them.

Hong Kong, 19 August 2014

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

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 GEM Listing Rules 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 Announcement” page of the internet website operated by the Stock Exchange for the purposes of the GEM 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 http://www.agtech.com.

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