Universal Technologies Holdings Limited — M&A Activity 2014

Dec 29, 2014

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.

UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED 環球 實 業 科 技 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1026)

COMPLETION OF MAJOR TRANSACTION

Reference is made to the announcement of Universal Technologies Holdings Limited (the ‘‘Company’’) dated 29 October 2014 and the circular of the Company dated 27 November 2014 (the ‘‘Circular’’) in relation to, among other things, the purchase of the Sale Shares by H and R Group Limited from Universal Cyberworks International Ltd. and the assignments of the Loans and the Remaining Group Loans. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Circular.

The Board is pleased to announce that as all the conditions precedent under the Sale and Purchase Agreement have been fulfilled or waived (if applicable), Completion took place on 29 December 2014.

Following Completion, the Timber Co Group and the Property Co Group will cease to be subsidiaries of the Company and the financial results of the Timber Co Group and the Property Co Group will no longer be consolidated in the accounts of the Group. The Payment Co will become a 51%-owned subsidiary of the Company and the financial results of the Payment Co Group will continue to be consolidated in the accounts of the Group.

By Order of the Board UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED Chau Cheuk Wah Chief Executive Officer

29 December 2014

As at the date of this announcement, the Board comprises:

Executive Directors:

Mr. Chen Jinyang (Chairman)

Mr. Chau Cheuk Wah (Chief Executive Officer)

Mr. Chen Runqiang Mr. Chow Cheuk Lap Mr. Zhou Jianhui

Non-Executive Director:

Ms. Fan Man Yee Alice

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Independent Non-Executive Directors:

Dr. Cheung Wai Bun, Charles, J.P.

Mr. David Tsoi

Mr. Chan Chun Kau

Mr. Chao Pao Shu George

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