Samsonite Group S.A. — M&A Activity 2021

Feb 4, 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.

ETERNITY INVESTMENT LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 764)

SUPPLEMENTAL AGREEMENT IN RESPECT OF MAJOR TRANSACTION IN RELATION TO THE PROPOSED DISPOSAL OF LISTED SECURITIES

References are made to the announcements of Eternity Investment Limited (the "Company") dated 7 January 2021 and 29 January 2021 in relation to the proposed disposal of listed securities. Unless the context requires otherwise, capitalised terms used herein shall have the same meanings as ascribed to them in the announcement of the Company dated 7 January 2021.

Pursuant to the Sale and Purchase Agreement, if the conditions have not been satisfied on or before 28 February 2021 or such other date as Eternity Finance and the Purchaser shall agree in writing (the "Long Stop Date"), the Sale and Purchase Agreement shall cease and determine.

As additional time is required for Completion, the Board announces that on 4 February 2021 (after trading hours), a supplemental agreement to the Sale and Purchase Agreement was entered into between Eternity Finance and the Purchaser, pursuant to which the parties agree to amend the Sale and Purchase Agreement to the effect that the Long Stop Date be extended from 28 February 2021 to 31 May 2021, or such other date as Eternity Finance and the Purchaser shall agree in writing.

Save as disclosed above, all other terms and conditions of the Sale and Purchase Agreement (as amended and supplemented by the supplemental agreement) shall remain unchanged and continue in full force and effect.

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Shareholders and potential investors are reminded to exercise caution when dealing in the securities of the Company.

By Order of the Board
Eternity Investment Limited
Lei Hong Wai
Chairman

Hong Kong, 4 February 2021

As at the date of this announcement, the Board comprises four executive Directors, namely, Mr. Lei Hong Wai, Mr. Cheung Kwok Wai Elton, Mr. Chan Kin Wah Billy and Mr. Cheung Kwok Fan; and three independent non-executive Directors, namely, Mr. Wan Shing Chi, Mr. Ng Heung Yan and Mr. Wong Tak Chuen.

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