Samsonite Group S.A. — Major Shareholding Notification 2018

Apr 6, 2018

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)

VOLUNTARY ANNOUNCEMENT CHANGE IN SHAREHOLDING INTERESTS OF THE COMPANY

This is a voluntary announcement made by Eternity Investment Limited (the "Company") to inform its shareholders and potential investors in relation to the change in shareholding interests of the Company.

The board of directors (the "Board") of the Company was informed that, on 6 April 2018, Mr. Tsoi Tung sold 372,416,803 shares in the Company, representing 9.75% of the issued share capital of the Company, to Twin Success International Limited ("Twin Success") at a consideration of HK$67,035,024.54 (the "Sale and Purchase of Shares").

Twin Success is beneficially owned as to 50% by Mr. Lei Hong Wai, as to 25% by Mr. Cheung Kwok Wai Elton, and as to 25% by Mr. Cheung Kwok Fan. Each of Mr. Lei Hong Wai, Mr. Cheung Kwok Wai Elton, and Mr. Cheung Kwok Fan is an executive director of the Company. Prior to the completion of the Sale and Purchase of Shares, Twin Success held 211,416,000 shares in the Company, representing 5.54% of the issued share capital of the Company.

Upon completion of the Sale and Purchase of Shares, Mr. Tsoi Tung does not hold any shares in the Company and Twin Success holds 583,832,803 shares in the Company, representing 15.29% of the issued share capital of the Company. Accordingly, Twin Success becomes the substantial shareholder of the Company (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited).

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The Board does not expect the Sale and Purchase of Shares to have any significant impact on the business operations and the composition of the management of the Company and its subsidiaries.

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

Hong Kong, 6 April 2018

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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