Fosun International : SUPPLEMENTAL AGREEMENT FOR THE DISCLOSEABLE TRANSACTIONS IN RELATION TO THE DISPOSAL OF THE TARGET COMPANIES AND THE ISSUANCE OF CONSIDERATION SHARES

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.

SUPPLEMENTAL AGREEMENT

FOR THE

DISCLOSEABLE TRANSACTIONS

IN RELATION TO

THE DISPOSAL OF THE TARGET COMPANIES

AND

THE ISSUANCE OF CONSIDERATION SHARES

Reference is made to the announcements of the Company dated 20 November 2017 and 27

December 2017 in relation to, among other matters, the entering into of the Formal Sale and Purchase Agreement. Unless otherwise defined in this announcement, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

SUPPLEMENTAL AGREEMENT

As of the date of this announcement, there is material uncertainty as to whether Yuyuan is able to obtain approvals from the competent departments of the National Development and Reform Commission of the PRC and the Ministry of Commerce of the PRC in respect of its proposed acquisition of Globeview and Winner Gold, being two of the Target Companies incorporated in Hong Kong. As such, on 12 January 2018, the Vendors and the Purchaser have entered into the Supplemental Agreement to amend certain terms of the Formal Sale and Purchase Agreement as follows:

• (a) the Purchaser will no longer acquire the entire equity interest held by China Alliance in Globeview and Winner Gold from China Alliance and will only acquire the entire equity interest held by the 16 Vendors in the 24 Target Companies prior to the Closing from the 16

  Vendors;

• (b) in accordance to the Valuation of 24 Target Companies, the value of the assets owned by the 24 Target Companies as at 30 June 2017 amounts to approximately RMB23.56 billion, and

based on such valuation and after certain negotiations between the Parties, the Revised Consideration amounts to approximately RMB23.56 billion (subject to certain adjustments (if any)); and

(c) based on the Revised Consideration of approximately RMB23.56 billion, the number of

Revised Consideration Shares to be issued by the Purchaser to the 16 Vendors amounts to 2,360,635,456 Revised Consideration Shares.

The Directors consider that the terms of the Supplemental Agreement are fair and reasonable and the entering into of the Supplemental Agreement is in the interests of the Company and its Shareholders as a whole. Save as disclosed above, all material terms and conditions of the Formal Sale and Purchase Agreement remain unchanged.

As the Transactions are subject to, among other things, approval from certain PRC authorities, the Transactions may or may not materialize. Shareholders and potential investors should exercise caution when dealing in the securities of the Company.

DEFINITIONS

In this announcement, unless the context otherwise requires, the following terms have the meanings as set out below:

Fosun International Limited

Guo Guangchang

As at the date of this announcement, the executive directors of the Company are Mr. Guo Guangchang, Mr. Wang Qunbin, Mr. Chen Qiyu, Mr. Xu Xiaoliang, Mr. Qin Xuetang, Mr. Wang Can, Ms. Kang Lan and Mr. Gong Ping; and the independent non-executive directors are Mr. Zhang Shengman, Mr. Zhang Huaqiao, Mr. David T. Zhang, Mr. Yang Chao and Dr. Lee Kai-Fu.