SIM Technology Group Limited — Capital/Financing Update 2013

Jul 19, 2013

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.

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SIM TECHNOLOGY GROUP LIMITED 晨訊科技集團有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock code: 2000)

GRANT OF SHARE OPTIONS

The Board announces that on 19 July 2013, 63,000,000 Options to subscribe for an aggregate of 63,000,000 Shares were granted, subject to acceptance of the Grantees, under the Share Option Scheme.

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

The board (“ Board ”) of directors (“ Directors ”) of SIM Technology Group Limited (“ Company ”) announces that on 19 July 2013, the Company has granted an aggregate of 63,000,000 share options (“ Options ”) under its share option scheme adopted on 30 May 2005 (“ Share Option Scheme ”) to the eligible participants thereof, including certain employees and business partners of the Company and its subsidiaries (“ Grantees ”) subject to the acceptance of the Options by the Grantees. The Options entitle the Grantees to subscribe for an aggregate of 63,000,000 new ordinary shares of HK$0.10 each (“ Shares ”) in the share capital of the Company upon exercise in full, subject to adjustment in accordance with the Share Option Scheme and Rule 17.03(13) of the Listing Rules.

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The following are the details of the Options granted:

Date of grant : 19 July 2013 (“ Date of Grant ”) Exercise price of Options granted : HK$0.346 per Share Number of Options granted : in respect of an aggregate of 63,000,000 Shares Closing price of the Shares on the Date : HK$0.33 per Share of Grant Validity period (i.e. exercise period) of : subject to vesting as set out below, the the Options Options can be exercised for a period of ten years from the Date of Grant

The Options granted shall vest to the Grantees in accordance with the timetable below:

Vesting date Percentage of Options to vest 15 April 2014 25% of the total number of Options granted 15 April 2015 25% of the total number of Options granted 15 April 2016 25% of the total number of Options granted 15 April 2017 25% of the total number of Options granted

None of the Grantees are directors, chief executives or substantial shareholders of the Company, nor an associate (as defined under the Listing Rule) of any of them.

By order of the Board SIM Technology Group Limited Wong Cho Tung Director

Hong Kong, 19 July 2013

As at the date of this announcement, the executive directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung, Mr Zhang Jianping, Ms Tang Rongrong, Mr Chan Tat Wing, Richard and Mr Liu Hong, and the independent non-executive directors of the Company are Mr Liu Hing Hung, Mr Xie Linzhen and Mr Dong Yunting.

• For identification purposes only

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