TravelSky Technology Limited — M&A Activity 2016

May 6, 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.

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(A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 00696)

ANNOUNCEMENT COMPLETION OF ACQUISITION OF OPENJAW

This announcement is made by TravelSky Technology Limited (the “ Company ”) on a voluntary basis.

Reference is made to the announcement of the Company dated 6 April 2016 in relation to the entering into the definitive share purchase agreement (the “ Agreement ”) with GuestLogix in respect of the OpenJaw Transaction (the “ Previous Announcement ”). Unless otherwise specified, capitalised terms used herein shall have the same meanings as defined in the Previous Announcement.

The board of directors of the Company (the “ Board ”) is pleased to announce that, all the conditions precedent set out in the Agreement have been fulfilled including but not limited to the approval of the Ontario Superior Court of Justice. The completion of the OpenJaw Transaction took place on 5 May 2016 (Eastern Time), with a purchase price of approximately US$39.4 million (equivalent to approximately HK$305.6 million). Upon completion, OpenJaw becomes a wholly-owned subsidiary of the Company.

OpenJaw is a company incorporated under the laws of Ireland, and it is mainly engaged in the provision of services in relation to the travel technologies and products, whose principal business is related to the principal business of the Company. Therefore, the Board believes that the OpenJaw Transaction will be beneficial to the enrichment of the product portfolio and the user-scale expansion of the Company which is consistent with the development strategy of the Company.

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For the purpose of this announcement, unless otherwise indicated, the exchange rate at US$1= HK$7.757 has been used, where applicable, for the purpose of illustration only and not constitute a representation that any amount have been, could have been or may be exchanged.

By the order of the Board TravelSky Technology Limited Yu Xiaochun Company Secretary

Beijing, the PRC 6 May 2016

As at the date of this announcement, the board of directors comprises:

Executive Directors: Mr. Cui Zhixiong (Chairman) and Mr. Xiao Yinhong; Non-executive Directors: Mr. Cao Jianxiong, Mr. Li Yangmin, and Mr. Yuan Xin’an; Independent non-executive Directors: Mr. Cheung Yuk Ming, Mr. Cao Shiqing and Dr. Ngai Wai Fung.

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