PAX Global Technology Limited — Proxy Solicitation & Information Statement 2016

Jan 4, 2016

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.

==> picture [143 x 67] intentionally omitted <==

PAX Global Technology Limited 百富環球科技有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock code: 327)

NOTICE OF SPECIAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that a special general meeting (the “SGM”) of PAX Global Technology Limited (the “Company”) will be held at Room 2416, 24th Floor, Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong on Friday, 22 January 2016 at 3:00 p.m. for the purpose of considering and, if thought fit, passing, with or without modifications, the following resolution of the Company:

ORDINARY RESOLUTION

1. “ THAT:

2. (A) the transactions contemplated under the new framework agreement entered into between the Company and Hi Sun Technology (China) Limited on 31 December 2015 (the “New Framework Agreement”) (a copy of which is produced to the meeting marked “A” and initialled by the chairman of the Company for the purpose of identification) and the annual caps for the periods ending 31 December 2016, 2017 and 2018 respectively in respect of the sale and purchase of electronic fund transfer point-of-sale products in accordance with the terms of the New Framework Agreement further described on pages 5 to 8 of the shareholders’ circular dated 5 January 2016 issued by the Company be and are hereby approved; and

3. For identification purpose only

– 1 –

• (B) the directors of the Company be and are hereby authorised to take all actions and execute all documents which they deem necessary, desirable or appropriate in order to implement or give effect to the New Framework Agreement and transactions contemplated thereunder.”

By order of the board of PAX Global Technology Limited Li Wenjin Executive Director

5 January 2016

Notes:

• (1) Any member of the Company entitled to attend and vote at a meeting of the Company shall be entitled to appoint another person as his proxy to attend and vote instead of him. A member of the Company who is the holder of two or more shares may appoint more than one proxy to represent him and vote on his behalf at a general meeting of the Company or at a class meeting. A proxy need not be a member of the Company.

• (2) Delivery of an instrument appointing a proxy shall not preclude a member of the Company from attending and voting in person at the meeting convened and in such event, the instrument appointing a proxy shall be deemed to be revoked.

• (3) The instrument appointing a proxy and the power of attorney or other authority (if any) under which it is signed, or a certified copy of such power or authority, shall be delivered to the principal place of the business of the Company at Room 2416, 24th Floor, Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong not less than 48 hours before the time appointed for holding the meeting or any adjourned meeting (as the case may be).

• (4) All votings on the resolutions in this notice by the members at the meeting shall be conducted by poll.

As at the date of this notice, the Board comprises three executive Directors, namely Mr. Nie Guoming, Mr. Lu Jie and Mr. Li Wenjin and three independent non-executive Directors, namely Mr. Yip Wai Ming, Dr. Wu Min and Mr. Man Kwok Kuen, Charles.

– 2 –