Samsonite Group S.A. — Share Issue/Capital Change 2017

Apr 27, 2017

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)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The board of directors (the "Board") of Eternity Investment Limited (the "Company") announces that, on 27 April 2017, the Company granted 321,600,000 share options (the "Share Options") to the eligible grantees under the share option scheme of the Company adopted on 12 December 2011, subject to acceptance of the eligible grantees. The Share Options shall entitle the eligible grantees to subscribe for a total of 321,600,000 ordinary shares of HK$0.01 each (the "Shares") in the share capital of the Company. Details of the Share Options granted are as follows:

Date of grant : 27 April 2017

Exercise price of the Share Options granted : HK$0.202 per Share, which represents the highest of (i) the closing price of HK$0.202 per Share as stated in the daily quotations sheet of the Stock Exchange on 27 April 2017, being the date of grant; (ii) the average closing price of approximately HK$0.198 per Share as stated in the daily quotations sheets of the Stock Exchange for the five business days immediately preceding the date of grant; and (iii) the nominal value of the Share of HK$0.01

Number of the Share Options granted : 321,600,000

---

2

Closing price of the Shares on the date of grant : HK$0.202 per Share

Validity period of the Share Options : Exercisable from 27 April 2017 to 26 April 2018

Out of the aggregate of 321,600,000 Share Options, 128,620,000 Share Options were granted to the following executive directors of the Company:

Name of executive director	Number of Share Options granted
Mr. Lei Hong Wai (Chairman and Chief Executive Officer)	32,150,000
Mr. Cheung Kwok Wai Elton	32,160,000
Mr. Chan Kin Wah Billy	32,150,000
Mr. Cheung Kwok Fan	32,160,000

The grant of the Share Options to the four executive directors of the Company has been approved by the independent non-executive directors of the Company.

Save as disclosed above, none of the eligible grantees is a director, chief executive or substantial shareholder of the Company, or any of their respective associates (as defined in the Listing Rules).

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

Hong Kong, 27 April 2017

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.