Kasen International : NOTICE OF EXTRAORDINARY GENERAL MEETING (in PDF)

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.

KASEN INTERNATIONAL HOLDINGS LIMITED ̔ಌ਷ყછٰϞࠢʮ̡

(An exempted company incorporated in the Cayman Islands with limited liability)

(Stock Code: 496)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the "EGM") of Kasen International Holdings Limited (the "Company", together with its subsidiaries, the "Group") will be held at 9:00 a.m. on Monday, 31 December 2018 at Building 1, 236 Haizhou Road West, Haining City, Zhejiang Province, China to consider and, if thought fit, approve, with or without modifications, the following resolution as an ordinary resolution:

ORDINARY RESOLUTION

"THAT:

(a) the master agreement dated 20 November 2018 entered into between (i) the Company; (ii) Mr.

Zhu Zhangjin, Ms. Zhu Jiayun, Ms. Zhu Lingren and ऎྐྵᜳྗอҿࣘ߅ҦϞࠢʮ̡(Haining Lingjia New Material Technology Company Limited*) (collectively, the "CCT Counter Guarantors"); and (iii) ऎྐྵ̔ಌͤࠧϞࠢʮ̡(Haining Kasen Leather Company Limited*), ऎྐྵಌᅃͤࠧϞࠢʮ̡(Haining Schinder Leather Company Limited*) and ᜾̹۬ɽᔮശ ସͤࠧϞࠢʮ̡(Yancheng Dafeng Huasheng Leather Company Limited*) (collectively, the "CCT Group") in relation to the guarantee provided by the Group to the CCT Group up to the amount of RMB394.8 million for each of the three financial years ending 31 December 2021 (the "Annual Caps") and the counter guarantee provided by the CCT Counter Guarantors to fully indemnify the Company up to the amount of the Annual Caps (the "2018 CCT Master Agreement") (a copy of the 2018 CCT Master Agreement has been tabled at the meeting and marked "A" signed by the Chairman of the meeting for the purpose of identification) and the transactions contemplated thereunder be and are hereby approved, confirmed and ratified; and

(b) the directors of the Company be and are hereby authorized to take such actions and execute such documents as they may consider appropriate and expedient to carry out or give effect to or otherwise in connection with or in relation to the 2018 CCT Master Agreement and the transactions contemplated thereunder."

Yours faithfully

By order of the Board

Kasen International Holdings Limited

Zhu Zhangjin

Chairman

PRC, 12 December 2018

Notes:

• 1. Every member entitled to attend and vote at the EGM is entitled to appoint one or more persons as his proxy to attend and vote on behalf of himself. A proxy need not be a member of the Company.

• 2. A form of proxy for the EGM is enclosed. To be valid, a form of proxy, together with the power of attorney or other document of authority, if any, under which the form is signed, or a certified copy thereof, must be deposited with the Company's Hong Kong branch registrar in Hong Kong at Computershare Hong Kong Investor Services Limited, 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not later than 9:00 a.m. on Saturday, 29 December 2018, or not less than 48 hours before the time appointed for holding any adjourned meeting (as the case may be).

• 3. Completion and return of the form of proxy will not preclude the shareholders of the Company from attending and voting in person at the EGM or any adjourned meeting or upon the poll concerned if the shareholders of the Company so wish. In such event, the instrument appointing the proxy shall be deemed to be revoked.

*The English name referred herein represents management's best efforts at translating the Chinese name of the company, as no English name has been registered, thus it is for identification purposes only.

As at the date of this notice, the executive directors of the Company are Mr. Zhu Zhangjin, Ms. Zhou Xiaohong and Ms. Shen Jianhong and the independent non-executive directors are Mr. Du

Haibo, Mr. Zhang Yuchuan and Mr. Zhou Lingqiang.

Website:http://www.irasia.com/listco/hk/kasen/index.htm