Silver Base Group Holdings Limited 32342C %0.004% 0.005%

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1 Silver Base Group Holdings Limited : 886

2 Silver Base Group Holdings Limited 32342C %0.004% 0.005%

3 eipo eipo i

4 VI. 3 V ii

5 i iii

6 I II III IV V VI VII-1 iv

7 1 79.0%88.4%93.1%95.0% %11.0%6.5%4.6% 94.8%66.5%55.5% 66.2% 1 1

8 %47.6%54.1%50.7% 56.2%71.6%97.5%76.6% %47.6%54.1%50.7% 56.2%71.6%97.5%76.6% 56.2%71.6% 97.5%76.6% A 2

9

10 Diageo 1 Diageo %0.4%0.4%0.4% , Diageo (i)(ii)johnnie Walker KTV Diageo 4

11 52 70% % 70% 99.1%0.86 5

12 6

13 (i)(ii)(iii) (iv) 53.2%47.6%54.1% 50.7%56.2% 71.6%97.5%76.6% 7

14 Diageo 8

15 9

16 , ,944 1,485, , , (472,973) (746,564) (925,889) (366,806) (424,321) , , , , , ,401 34,577 1, (44,416) (64,856) (70,782) (31,368) (33,309) (16,562) (21,879) (46,085) (20,770) (29,033) (1,863) (8,992) 4,199 (2,434) 3, (710) (792) (635) (375) , , , , , (7,481) (30,932) (90,995) (23,943) (68,389) , , , , , , , , , , (4) (10,280) 31, , , , ,559 10

17 0.6%0.4%0.4% %32.9%44.1%33.4% , , ,200,000,

18 : 1 2 1,200,000,000 D. 12

19 Yinji Investments Yinji Investments Yinji Investments 70.0 Yinji Investments 35%

20 65% 24% 20% 15% 6% 25% 10% ,

21 16 A

22 Yinji Investments Diageo Diageo Brands BVDiageo China Ltd

23 IR56B eipo 17

24 1%0.005% 0.004% 30,000,000 Yinji Investments

25 ,000,000 S 144A Yinji Investments A

26 1% 0.004%0.005% 20

27 45,000, A S S A. 5. A

28 * 144A 144A D. 22

29 Yinji Investments 23

30 eipo eipo eipo Yinji Investments Yinji Investments Limited % * 24

31 25

32 , %88.4%93.1%95.0% 26

33 52 70% % 99.1% % 27

34 53.2%47.6%54.1%50.7% 56.2%71.6%97.5%76.6% 28

35 29

36 45 94 (i)(ii) (iii) (iv)(v) %0.4%0.4%0.4% Diageo Diageo 30

37 53.2% 47.6% 54.1% 50.7%56.2% 71.6% 97.5%76.6% 88.9%64.9%63.8%69.7% 53.2%47.6%54.1%50.7% 56.2%71.6%97.5%76.6% 31

38 % % 1, % 33.5%44.5%33.8% %47.3%35.1% 32

39 %0.4%0.4% Diageo %0.6%0.4%0.4%Diageo 33

40 34

41 C.3. Yinji Investments 75.0% Yinji Investments 35

42 36

43 (i) (ii) (iii) 37

44 38

45 39

46 15% 15% 25% 15% 18% 20%22%24% 25% 40

47 10% 25% 5% 41

48 2% 1.5%3% 42

49 ,000,000 10% 43

50 Yinji Investments Yinji Investments Yinji Investments 44

51 45

52 14A 46

53 571V 47

54 44B(1) Butterfield Fund Services (Cayman) Limited 48

55 45,000,000 45,000,000 15% Yinji Investments 45,000, (3) 10.07(1)(a) 49

56 50

57 E 5 13G B H 1 12F 51

58 B 38 2 T1 9A

59 Conyers Dill & Pearman Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY Cayman Islands

60

61 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY Cayman Islands FCCA, CPA E 5 13G 55

62 Butterfield Fund Services (Cayman) Limited Butterfield House 68 Fort Street P.O. Box 705 Grand Cayman KY Cayman Islands

63 5.1% 0.4%Euromonitor International % % % % % % % % Euromonitor International 2 1 Euromonitor International Euromonitor International Euromonitor International 2 Euromonitor International 57

64 % 8.3% 4.9% Euromonitor International 12.5% 38.2%9.5% % % % % % % , , , , , % % , , , , , (1.4%) , , , ,153 1, % % % 3, , , , , % Euromonitor International 1 2 (i)(ii)(iii)(iv)(v) 2.4% 42.8% 31.5% 5.9% 17.4%Euromonitor International 58

65 Euromonitor International 10% 8.1% , , , , , , (%) (%) EIU 2 * EIU 1 2 EIU 59

66 Euromonitor International 7%5% 10 30% % 20% % % % 0-10% 2 (11.8%) (10.6%) (11.3%) -20% 0-30% ,231 1,

67 1,400 1,231 1,200 1,144 1,000 1, ,026 1, %44.1%

68 % 20, % 94.1% 25,000 3,000 62

69 30,000 35% 25,000 20,000 15,000 10,000 5,000 10, , % 23.0% 14, % 18, , % 23, % 25, % 30% 25% 20% 15% 10% 5% 0 0% 3,500 3,000 2,500 2,000 1,500 1, , % 45.7% 2, , , % , % % (8.9)% 70% 60% 50% 40% 30% 20% 10% 0-10% 14.0% 12.0% 10.0% 9.6% 10.1% 10.3% 12.5% 8.0% 6.0% 8.1% 6.5% 7.7% 4.0% 2.0% 0.0% 63

70 Euromonitor Internationalon-tradeoff-trade On-tradeon-trade Off-tradeoff-trade on-trade on-trade 70% on-trade Euromonitor International off-trade 3.1% 30% 64

71 off-trade80.4% Euromonitor International 1 65

72 % 19.2% 12.6% % 12.3% 12.8% % 28.0% 46.9% % 44.5% 26.5% % 15.2% 13.8% 98% 3070% % 6.1% 1.1% 30% % 43.6% 20.3% 3050% % 46.2% 31.7% 5070% % 29.4% 70% %

73 Euromonitor International British American TobaccoBATBAT 60% 36.6% 17.5% Euromonitor International 67

74 90% 4.0% 9.9%Euromonitor International 3.4%3.9%Euromonitor International EIUEuromonitor International 36 Euromonitor International 1 68

75 Euromonitor International Euromonitor International 3.4%11.0% 99.7%86.7%83.9%64.9% 60.1% 1 69

76 70

77 (i) (ii) (iii) 71

78 1 79.0%88.4%93.1%95.0% 21.0%11.0%6.5%4.6% 94.8%66.5%55.5%66.2%

79 A

80

81 Diageo 1 Diageo ,20013,000 : 1 Diageo (i)(ii)johnnie Walker KTV Diageo 75

82 , , % 88.4%93.1%95.0%

83

84 1,20013,000 Diageo Diageo Diageo 78

85 79

86 Diageo

87 Yinji Investments 100%

88 90%10% 98.79%1.21% 5.2%32.9%44.1%33.4% (i)(ii) Johnnie WalkerKTV Diageo Diageo Diageo 82

89 83

90 100% 75.0% 25.0% 100% 100% 100% 100% 100% 100% 84

91 1 2 Yinji Investments 50,000 Yinji Investments Yinji Investments A.5. 4 Yinji Investments Yinji Investments 3,799,999 10,00010, Kanway Service LimitedCentury Corporate Services Limited ,00010, ,999 9,990, ,000,0009,990, %9,999, % 2,200,000 85

92 50,00050, ,000,000 (i)(ii)johnnie Walker KTV Diageo 10,00010, ,00010, ,8001,000 Kauri Wood Pte. Ltd.Kauri WoodJake Pison HawilaHawila To Man ChungTo57%5,700 Hawila28%2,800To10%1,000 Kauri Wood5%500Kauri WoodHawilaToHawilaTo Kauri WoodHawilaTo 5002,8001, ,8001,000 Kauri WoodHawila To4,004, ,425, ,009,

93 5,70057%1.00 A , %88.4%93.1%95.0% 94.8%66.5%55.5% 66.2% 87

94 John Aloysius Haig

95 ,

96

97 , %88.4%93.1% 95.0% %0.6%0.4%0.4% Diageo (i)(ii)johnnie Walker KTV Diageo 91

98

99 %11.0%6.5%4.6% , %88.4%93.1% 95.0% 72.6%84.4%83.7%82.7% 95.0%97.3%95.5%95.9% 70% 52 70% % 5270% 52 93

100 457%68 10% 70% %20% ,000 94

101 (i)(ii) (iii) (iv) (v) 52 95

102 DiageoDiageo Diageo Diageo1215 Diageo Diageo DiageoDiageo Diageo Diageo DiageoDiageo Diageo 96

103 Diageo Diageo %0.4%0.4% 0.4% 12 10, ,000 20% %1.3%0%0%6 15.9%17.2%0%0% 915.9%26.5%0%0% 97

104 88.9%64.9%63.8%69.7% 53.2%47.6%54.1%50.7% 94.8%66.5%55.5% 66.2% 98

105 % 0.20%0.10%0%

106 % 1,200 13, %71.6% 97.5%76.6% 100

107 (i) (ii) (iii) (iv) % 47.6%54.1% 50.7%56.2% 101

108 71.6%97.5%76.6% % 53.2%47.6%54.1%50.7% 56.2%71.6%97.5%76.6% TFWA DailyFrontierChina Duty Free 102

109

110 1.1%9.6% 88.9%64.0% 10.9%8.9% 55.1%65.4% 0.2%3.3% 53.2%47.6% 2.9%3.0% 54.1%50.7%

111 Diageo

112 Diageo DiageoDiageo Diageo Diageo 5.9 Diageo 106

113 107

114 12,000 96,334,000 1 Diageo 500, ,000 1 Diageo 108

115

116 XIV

117 5,000 (i)(ii) (iii) 111

118 , B

119 Diageo 113

120 (a) (b) 338 (c) 5709 (d) 5713 (e) Yinji Investments ABCDE 14A

121 A B C D , ,000 37,000 19,

122 ABCD AB CD 10E AB CDE ABCDE E14A.33(3) ABCD14A.34 14A.4514A.47 14A.42(3)14A.47 A ,280,000 2,520,000 2,868,000 1,434,000 2,868,000 2,868,000 B ,760,000 2,880,000 5,760,000 5,760,000 C , , , , ,000 D , , , ,

123 1 ABCD 2 14A 14A.35(1)14A.35(2)14A.3614A.3714A.3814A.3914A.40 ABCD (i) (ii) 24 II30 117

124 Yinji Investments30% Yinji Investments C (a) (b) (i) 30% 118

125 (ii) 30% (a) (b) 30% (c) (a) (i) (ii) (b) (i) (ii) (a)(b) 119

126 (a) (b) (c) (a)(b) 120

127

128 FCCA, CPA

129 00754 YGE A

130 A A Sino Gp Limited

131 A.5.3 (i) (ii) (iii)13.51(2)(h)13.51(2)(v) (iv)(v) 13.51(2)

132 37 RMIT C3 126

133 B1 (i) (ii) (iii) (iv) 27.3 C II

134 A.19 3A

135 ,0005%

136 % 10% 6.5% 0.4% 0.5%1.5% 1% 0.5% 46, % 94, %

137 D. (i) (ii) 131

138 100,000,000,000 10,000,000,000 3,800, , ,200,000 89,620, ,000,000 30,000,000 1,200,000, ,000,000 3,800, , ,200,000 89,620, ,000,000 34,500,000 1,245,000, ,500,000 (a) (b) 132

139 89,620, ,200, %

140 A % A.7. A. 4. D. 134

141 79.0%88.4%93.1%95.0% 21.0%11.0% 6.5%4.6% 135

142 0.6%0.4%0.4% %32.9%44.1%33.4% 93.4%94.9%93.6%91.5% 79.0%88.4%93.1% 95.0% 136

143

144 %99.6%99.2%99.6% %98.8%95.5%94.0% 17.8% 24.1% 37.7% 51.7% 43.6% 63.7% 41.5% % 3.07% 17.37% (0.87)% 34.83% 7.46% (5.60)% 13.05% 26.58% 8.77% 13.23% 17.01% 1.77% 33.3% 32.3% 6.8% 138

145 %64.9%63.8%69.7% 53.2%47.6%54.1%50.7%

146 ,

147 141

148 70% 52 70% % 142

149 99.1% % 457%68 10% 70%52 143

150 (1) (2) (3) (1) (2) (3) 144

151 145

152

153

154 (2,924) (7,683) (525) 502 2, (261) (554) , , , (3,064) (3,044) (2,278) (5) (2,000) (1,863) (8,992) 4,199 (2,434) 3, ,534,000500, , ,000870, % 16.5% 148

155 15% 18% 30%3% 7 15% 15% 15% 18%20% 22%24%25% 5.6%11.3%26.2%37.3% 149

156 , ,944 1,485, , , (472,973) (746,564) (925,889) (366,806) (424,321) , , , , , ,401 34,577 1, (44,416) (64,856) (70,782) (31,368) (33,309) (16,562) (21,879) (46,085) (20,770) (29,033) (1,863) (8,992) 4,199 (2,434) 3, (710) (792) (635) (375) , , , , , (7,481) (30,932) (90,995) (23,943) (68,389) , , , , , , , , , , (4) (10,280) 31, , , , ,

157 , , , , , , , , , , % % %69.6% 66.0% 55.2% 64.9% 87% 41% 6.8%5.7% 151

158 % % % 99.3% %20.0% %18.8% 152

159 , , , , , , % % 48.3% % % 51.7% 34.0% 17.5% 153

160 , , , , , , %

161 % ,

162 % 37.3%32.8%51.7% 5.7%3.8%

163 , ,382, , , , ,388, , , , ,485, , % 1, % %59.1% 63.8% % % %

164 % %11.4% % 13.8%2.8% , , , , , , % 158

165 %62.3% % % 37.7% , , , , , , %

166 % , (i) (ii)

167 , % 635, II11 161

168 % 26.2%24.1% 37.7%6.6%4.8% 4, , , , , , , , , , % 162

169 92.7% % %91.3% % % % %10.2% % 21.2%25.9% 163

170 , , , , , , % %75.9% % % % % 24.1% 17.7% 27.1%21.2% 164

171 , , , , , , , % ,000 88, , , %

172 % , % 792, %

173 II % 5.6% 11.3% 7.7%6.6% 2.9%2.2% 4,

174 ,390 41, ,091 (66,385) 231, (1,891) (1,992) (78,347) (8,532) 121, (568) 45,995 18,520 7,133 (316,996) (i) 395.9(ii)19.4 (i) 69.5(ii)39.9 (iii) 32.2 (iv) (i) (ii)(iii) 168

175 (i)38.7 (ii) 84.0 (iii) (i) 142.3(ii) 7.7(iii)10.6 (i)42.1 (ii) 25.4(iii)37.0 (i) 39.5(ii)37.0 (i) 24.7(ii)

176

177 ,404 31,157 34,632 68, ,412 12, ,816 43,389 34,632 68, (2,584) (32,419) (34,632) (68,141) ,232 10, % 60901% 2 2%163,000 3%6.25%

178 ,956 2, ,

179 , , , , , , , , , , , ,590 1,297,572 1,350,349 1,362,779 1,098, ,

180

181 % %

182 %64.9%63.8% 69.7%

183 % % 177

184 (i) (ii) 178

185 (82.1) (56.6) (43.9) (11.7) (20.6) (102.3) (60.2) (139.3) (35.4) (53.2) (2.6) (32.4) (34.6) (68.2) (28.5) (10.0) (250.0) (60.0) (17.4) (4.6) (17.8) (74.8) (131.0) (17.8) (191.6) (212.9) (292.6) (506.3) (151.6)

186 Yinji Investments II

187 2% Yinji Investments

188 Yinji Investments Yinji Investments Yinji Investments70.0 Yinji Investments 35% Yinji Investments

189 , , , , ,545 1,148, ,586,000 8,300, ,000, ,200,000,000 Yinji Investments

190 : 1 2 1,200,000,

191 , (52) , , ,

192 % 24% 20% 15% 6% 25% 10% 186

193 ,

194 30,000,000 (i) (ii) 188

195 (a) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) 189

196 (b) (i) (ii) (a) (b) (iii) (iv) (v) 190

197 (vi) (vii) (viii) (ix) (x) (xi) (xii) (xiii) (xiv) (xv) (1) (2) 191

198 (3) (4) (1)(4) (i) (ii) (iii) 192

199 10.07(1)Yinji Investments (i) (ii) Yinji Investments (a) (b) Yinji Investments Yinji Investments 193

200 (i) (A) (B) (C) (A)(B) (ii) (i) 155 Yinji Investments 3.0% 1.5% 194

201 45,000,00015% 1%0.004% 0.005% (a) (b) 195

202 3A

203 (i) 30,000,000 10% (ii) (a)144a (b)s 270,000,000 90% 30,000,000 10%(i)(ii) 25% 197

204 (i) (ii) (iii) (iv)

205 5 5 30,000,00050%15,000,000 (i)(ii) (i)1550(ii)50100(iii)100 90,000,000(i) 120,000,000(ii)150,000,000(iii) 30%40%50% 199

206 ,000,

207 45,000,000 15% 3.61%

208 X. 202

209 45,000,000 15% (i) (ii) (i) (A) (1) (2) (B) (A) (C) (i) (D) (ii)(a)(2)(ii)(b)(ii)(c) 9 203

210 Yinji InvestmentsYinji Investments45,000,000 15% Yinji Investments 10.07(3) 10.07(1)(a)(a) (b) Yinji Investments Yinji Investments 204

211 (i) (ii)eipo eipo(iii) eipo S S eipo eipoeipo 205

212 eipo

213 E2A (i) 1992 (ii)

214 (i) (ii) (iii) (iv) (v) (vi) (vii) (a) 208

215 (a) (b) (a) (b) (a) (b) eipo (i) II. eipo eipo (ii) eipowww.eipo.com.hk eipo 209

216 (iii) eipoeipo (iv) eipo eipo (v) eipoeipo eipo (vi) eipo1,000 1,000 (vii) eipovi. (viii) eipo eipo (ix) eipo eipo (x) eipoeipo eipo 210

217 eipo eipo2 eipo eipo eipo eipo eipowww.eipo.com.hk eipoeipo 211

218 eipo 1,000,000 eipowww.eipo.com.hk eipo 1,000,000 eipowww.eipo.com.hk eipowww.eipo.com.hk SS902 (h)(3) eipo eipo eipo 212

219 eipo eipo eipowww.eipo.com.hk eipoeipo eipo eipo 213

220 S S S902 (h)(3) eipowww.eipo.com.hk eipo eipoeipowww.eipo.com.hk 214

221 eipo eipo eipo eipo X (

222 (i) (ii) 216

223 40 217

224 1,000 1,

225 40 (i)(ii) 219

226 III. eipo

227 eipo eipo 221

228 eipo eipo eipoeipo eipo eipo eipo eipo eipoeipo 222

229 eipo eipo15,000,000 50% eipoeipo eipo 223

230 40 eipo eipo eipo eipo 224

231 eipo 225

232 3.45 1% 0.004%0.005% 1,000 3, ,000,000 eipoeipo

233 III eipo (i) (a)(b) (ii) (a) (b) (c) 1%0.004% 0.005% 227

234 eipo (i) (ii) 1% 0.004%0.005% 1,000,

235 1,000,0001,000,000 1,000,000 X. eipo1,000,

236 eipo 1,000,000 IV.eIPO eipo X. 1%0.004%0.005% 1%0.004%0.005% 230

237 1%0.004%0.005% 1,

238 8 18 II2 II1 II2 I-1

239 II2 I-2

240 II , ,944 1,485, , , (472,973) (746,564) (925,889) (366,806) (424,321) , , , , , ,401 34,577 1, (44,416) (64,856) (70,782) (31,368) (33,309) (16,562) (21,879) (46,085) (20,770) (29,033)..... (1,863) (8,992) 4,199 (2,434) 3, (710) (792) (635) (375) , , , , , (7,481) (30,932) (90,995) (23,943) (68,389) , , , , , , , , , , (4) (10,280) 31, , , , , , , ,000 70, , , I-3

241 II ,722 25,358 3,265 4, ,950 8,300 8,175 8, ,300 8, ,672 33,658 19,740 20, , , , , ,192 14,737 18,005 57, ,703 19, ,048 83, ,454 12, , , , , , , , , , ,059 56,650 43,942 11, ,311 60, ,298 35, ,584 32,419 34,632 68, ,533 10, , , ,598 17,756 74, , , , , , ,604 78, , , , , , ,586 I-4

242 , , , , ,232 10, ,232 10, , , , , ,000 10,006 10, , ,044 90, , ,206 58, , , , , , , ,586 I-5

243 II ,000 16,070 26,070 26, ,996 31,996 31, (22) (22) (22) ,000 * (22)* 48,066* 58,044 58, , ,334 (4) 111, ,807 (2,807) (70,000) (70,000) (70,000) ,359 1,359 1, ,006 2,807* 1,337* 86,593* 100, ,743 ** , ,724 (10,280) 389, ,560 (3,560) (350,000) 350,000 *** ,280 10, ,206 7,206 7, ,010 6,367* 8,543* 132,757* 350, , , , , , (10,010) (10,010) (10,010) (380) (350,000) (350,000) (350,000) (250,000) (250,000) (250,000) ,360 4,360 4, (380)* 6,367* 12,903* 210,316* 229, ,586 I-6

244 ... 10,006 2,807 1,337 86, , , , , , ,199 1,199 1, ,006 2,807 2, , , ,492 * 48,044,00090,737,000147,667, ,206,000 ** *** (i) (ii) 10% 50% 25% I-7

245 II , , , , , (396) (1,069) (2,178) (1,029) (569) ,466 1,731 1, (28) (88) (32,165) (209) (559) (84) ,924 7, (502) (2,078) 44, , , , , ,082 5,750 (38,670) (78,934) (7,638)..... (6,871) (4,099) (3,268) (36,774) (39,918)... (14,720) 10,648 (83,993) (35,098) 19, (1,814) (37,013) (41,252) (46,617) (21,181) ,990 (25,409) (12,708) 25,079 (32,209) (24,738) (42,127) 44,709 (18,946) (69,497) ,134 59, ,556 (66,299) 243, (688) (792) (635) (375) (22) ,069 2,178 1, (2,422) (12,837) (28,528) (8) (4,937) (5,480) (740) (12,107)... 31,390 41, ,091 (66,385) 231,515 I-8

246 ,390 41, ,091 (66,385) 231,515. (1,956) (2,247) (395) (232) (1,706) (8,300) (8,300) , (123,118) 123, (1,891) (1,992) (78,347) (8,532) 121, ,412 27,277 27,305 (34,405) ,404 29,753 3,475 (19,551) 33, (1,195) (1,180) (12,232) (621) (777) (316,100)... (568) 45,995 18,520 7,133 (316,996) ,931 85, ,264 (67,784) 35, ,434 36, , , , ,281 7,036 1,163 4, , , ,509 56, , , , ,509 56, ,725 I-9

247 Codan Trust Company (Cayman) LimitedCricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands (i) (ii) 10,000, (ii) (iii) 10, ,200, (iv) I-10

248 20,000, (v) (i) (ii) (iii) (iv) (v) I-11

249 I-12

250 I-13

251 (a) (i) (ii) (iii) (b) (c) (d) (e) (a)(d) (f) (d)(e) I-14

252 I-15

253 I-16

254 (a) (b) I-17

255 I-18

256 (i) (ii) (iii) I-19

257 I-20

258 I-21

259 * * I-22

260 (1) (2) (3) I-23

261 (i)(ii) (i) (ii) (iii) I-24

262 , , , , , ,554 31,292 8, , (710) , (7,481) , ,898 47,980 7, , ,227 13, , , , , , , , (209) (209) ,924 2,924 I-25

263 , , , , , , ,609 19, , , (792) , (30,932) , ,492 48,875 8, , ,254 3, , , , , , , , (559) (559) ,683 7,683 I-26

264 ,388,977 96,077 1,485, ,388,977 96, ,485, ,993 18,701 (155) 446, , (635) , (90,995) , ,747 42,370 8, , , , , , , , (84) (84) I-27

265 ,004 40, , ,004 40, , ,207 6,268 (102) 395, , (68,389) , ,791 43,026 8, , ,076 18, , , , , , (2,078) (2,078) I-28

266 ,495 50, , ,495 50, , ,706 13,113 (134) 124, , (375) , (23,943) , (502) (502) I-29

267 ,152 30, , , ,452 30, , , ,668 36, , ,811 1, , ,872 58,398 1, , , ,872 58,398 1, , , , , , ,247 I-30

268 , ,292 4, ,485, , ,292 4, ,485, , , , , ,683 5, , , ,683 5, , , , , ,586 1,706 I-31

269 , ,909 1, , , ,909 1, , , ,944 1,485, , , ,069 2,178 1, , ,401 34,577 1, I-32

270 , , , , , ,257 1,522 1, ,466 1,731 1, , (28) (88) (32,165) * * (209) (559) (84) * ,924 7, (502) (2,078) , ,647 32,004 39,100 16,960 21, , ,113 32,696 40,316 17,188 22,112 * (1,113) (964) (7,709) (108) (2,861) * I-33

271 ,000692,0001,216,000228,000992, ,411 16,415 23,587 10,709 10, ,447 16,454 23,635 10,733 11,022 (a) I-34

272 (b) (i) , , , ,447 (i) , , , ,454 (ii) , , , , , , ,635 (ii) , , , ,022 (ii) , , , ,733 I-35

273 (c) (a) ,610 1,884 2, , ,646 1,920 2, ,512 1,000, ,000,001 1,500, I-36

274 17.5% 16.5% ,008 20,103 69,976 19,500 55, ,829 21,019 4,443 13, ,481 30,932 90,995 23,943 68, , , , , , , , , , , , , , , (111) (0.3) (236) (0.2) (5,369) (1.1) (258) (0.2) (518) (0.1) (114) (0.1) (56) , , , , , * I-37

275 , , ,000 70, , ,000 70,000, ,000, ,000,000 Yinji Investments Limited Yinji Investments 900,000, ,800,000896,200,000 I-38

276 ,818 6,132 1,150 5,861 38, (3,098) (6,123) (1,049) (4,608) (14,878) , ,253 24, , ,253 24, , (37) (37) (516) (47) (6) (79) (609) (1,257) (12) (7) (4) (23) , , , ,148 1,792 5,871 40, (3,614) (46) (6,129) (1,128) (4,939) (15,856) , ,722 I-39

277 , ,148 1,792 5,871 40, (3,614) (46) (6,129) (1,128) (4,939) (15,856) , , , , ,068 2, (30) (137) (167) (516) (200) (7) (175) (624) (1,522) , ,260 25, ,818 1,021 6,155 1,843 6,794 41, (4,130) (252) (6,136) (1,221) (4,534) (16,273) , ,260 25,358 I-40

278 ,818 1,021 6,155 1,843 6,794 41, (4,130) (252) (6,136) (1,221) (4,534) (16,273) , ,260 25, , ,260 25, (21,301) (21,301) (387) (278) (15) (180) (497) (1,357) ,821 3, ,185 6,205 2,191 6,865 16, (567) (6,151) (1,419) (5,044) (13,181) ,821 3,265 I-41

279 ,185 6,205 2,191 6,865 16, (567) (6,151) (1,419) (5,044) (13,181) ,821 3, ,821 3, ,407 1, (115) (10) (124) (395) (644) ,869 4, ,394 6,248 2,298 8,316 18, (698) (6,161) (1,552) (5,447) (13,858) ,869 4,398 22,204,000 21,688, I-42

280 ,950 7,950 8,300 8, (209) (209) (209) (105) ,950 8,300 8,175 8, ,950 8,300 10,190 10,000 7,950,0008,300,0008,175,0008,070, ,300, , , , , ,291 17, , , , ,869 I-43

281 ,818 12,976 12,993 56, ,273 1,461 5,012 1, ,453 15,552 18,820 57, (261) (815) (815) 11,192 14,737 18,005 57, (815) I-44

282 ,787 8,273 14,793 48, ,405 6,464 3,212 9, ,192 14,737 18,005 57, ,0001,159,000 30(c) ,769 10,159 80,703 49, ,180 13,917 20, , ,626 2, ,441 5, ,013 2,876 4,539 29,703 19, ,048 83,602 I-45

283 1,438,000 30(c) 30(c) 4,454,00081,191,000 89,667,00010,006,000 30(c) 23) , , , , (123,118) , , , ,725 12,007,000 10,565,000116,284,00068,593,000 I-46

284 ,059 56,168 43,881 10, ,275 82,059 56,650 43,942 11,733 22,122,0003,981, (c) ,272 52,431 69,517 9, ,526 12,185 11,722 (i) ,782 4,066 10,427 6,139 (ii) , ,731 1,768 9,700 7,026 (iii) , (b) , ,311 60, ,298 35,396 I-47

285 ,412 12, ,404 31,157 34,632 68, ,816 43,389 34,632 68, (2,584) (32,419) (34,632) (68,141) ,232 10, ,180 1, ,262 1, ,086 4, ,884 5,364 13,412 12, ,404 31,157 34,632 68,141 14,816 43,389 34,632 68,141 I-48

286 380,000 3,800, Yinji Investments 380,000 10,000,000,000100,000,000, ,800, ,799,99933Yinji Investments I-49

287 ,550 19,573 12, ,506 9,384 8,099 27,056 28,957 21,084 I-50

288 , , , , , , , , , , , ,590 1,297,572 1,350,349 1,362,779 1,098,775 10,389,00014,200,000 I-51

289 (a) (i) (ii) 2,280 2,520 8,628 4,314 4, (ii) Silver Base International Investment Co., Limited... (iii) (iv) (462) (1,929) (1,479) (v) , (v) (vi) ,757 I-52

290 (i) (ii) (iii) Silver Base Int'l Investment Co., Ltd. Silver Base Int'l Investment Co., Ltd Silver Base Int'l Investment Co., Ltd. (iv) (v) 24(a) I-53

291 ,159 : * ,454 (28,533) 12,719 (10,006).... 1,438 1, (22,122) (3,981).. (1,919) (17,412) Yinji Investments **..... (250,000) * ** ,776 20,568 28,471 12,603 13, ,908 20,703 28,597 12,663 13, I-54

292 %10% I-55

293 ,816 43,389 34,632 68, ,059 56,650 43,942 11, ,580 56, ,598 28, ,533 10, , , (36,366) (123,209) (351,509) (391,725) ,089 79,272 (143,337) (23,475) , , , , , , , , % 44% I-56

294 (a) 70,000,000 (b) 10,280,000 (c) Yinji Investments Yinji Investments3,799, % (d) 350,000,000316,100,000 33,900, , , , , ,586 I-57

295 Yinji Investments60 89,620,000Yinji Investments 896,200,000 I-58

296 , , , , ,545 1,148, ,586,000 8,300, ,000, ,200,000,000 Yinji Investments II-1

297 : 1 2 1,200,000,000 II-2

298 ,000, (A)(B) (7) 300 II-3

299 429(1) a. b. c. 429(1) II-4

300 III-1

301 8 18 III-2

302 8 52 III-3

303 IV-1

304 MRICS MHKIS MSc(e-com) MRICSMHKISMSc(e-com) IV-2

305 1. 9,000, % 9,000,000 62G B , % 780,000 62G % % % A 9B IV-3

306 6. 100% % % B05A % IV-4

307 1. 62G B A1 BC 212, , ,000, % 9,000, IV-5

308 2. 62G A1 BC 212, , , % 780, IV-6

309 , , IV-7

310 , , , IV-8

311 A 9B , IV-9

312 , , (i) (ii) (iii) (iv) IV-10

313 , , (i) (ii) (iii) (iv) IV-11

314 B05A , , (i) (ii) (iii) (iv) IV-12

315 , , (i) (ii) (iii) (iv) IV-13

316 (a) 27(2) (b) (i) V-1

317 (ii) (iii) (iv) (v) V-2

318 (aa) (bb) (cc) (dd) (ee) 5% V-3

319 (ff) (vi) V-4

320 (vii) (aa) (bb) (cc) (6) (dd) (ee) V-5

321 (ff) (viii) (ix) (x) (30) V-6

322 (i) (ii) (iii) (iv) (v) V-7

323 (21) (95%) (21) (15) V-8

324 (21) V-9

325 (e (21) (14) (i) (ii) (95%) (aa) (bb) (cc) (dd) (ee) (ff) (20%) (gg) V-10

326 (30) V-11

327 (i) (ii) (a) (b) V-12

328 (20) V-13

329 (14) (20) (2) V-14

330 3(f) (i) (ii) (i) 12(ii)12 (iii) V-15

331 (a)(b) (c) 37(d)(e) (f) V-16

332 V-17

333 (m) (a)(b) (c) (a)(b) (c) (d) (i)(ii) (iii) V-18

334 6 (1) (2) V-19

335 28 21 V-20

336 (75%) (90%) Conyers Dill & Pearman V-21

337 (a) XI338 (b) 380,0003,800, (a) Codan Trust Company (Cayman) Limited0.10 Yinji Investments (b) 99,996,200,000380,00010,000,000,000 (c) 3,799,999 Yinji Investments ,000,000,000100,000,000, ,500,000 1,245,000,00098,755,000,000 VI-1

338 (a) Kauri Wood Pte. Ltd.Kauri WoodJake Pison HawilaHawilaTo Man ChungTo 5002,800 1, ,8001, ,700 57% (b) 20,000,000 (c) 1.00 (d) ,999,999 (e) Yinji Investments 3,799,999Yinji Investments VI-2

339 99,996,200, ,00010,000,000,000 (a) (i) (ii) (b) 89,620, ,200,000 VI-3

340 (c) (i)(ii) (iii) (iv) 20% (d) 10% (e) (c) (d) (f) (c) (c)(d)(1) (2) (3) VI-4

341 (a) 1.00 (b) ,999,999 (c) % (d) Yinji Investments 3,799,999Yinji Investments VI-5

342 (e) Yinji Investments (f) VI-6

343 (a) 2,200,000 2,200,000 (100%) (b) 20,000,000 20,000,000 (100%) VI-7

344 (a) (b) 10%(i) (ii)(iii) (c) (d) VI-8

345 (e) (f) 1,200,000, ,000,000 (g) 26 VI-9

346 (a) Kauri Wood (b) Hawila 2,8002,800 (c) To 1,0001,000 (d) Kauri Wood 4,004,621.96Kauri Wood (e) Hawila 22,425,928.96Hawila (f) To 8,009, (g) 20 (h) 10 (i) 1.00 (j) 1.00 VI-10

347 (k) (l) (m) (n) (o) (a) % Yinji Investments3,799,999 Yinji Investments Yinji Investments Yinji Investments Yinji Investments Yinji Investments 1 35,36,39, ,36,39, ,36,39, ,36,39, ,36,39, VI-11

348 VI-12

349 (b) (4) ZL (2) ZL (c) XVXV ,000,000 75% 45,000, Yinji Investments100%Yinji InvestmentsYinji Investments 3 VI-13

350 XV23 10% Yinji Investments ,000,000 75% 45,000, ,000,000 75% 2 45,000, Yinji Investments100%Yinji InvestmentsYinji Investments 3 (a) 27.3 VI-14

351 (b) 1.6 (c) (1) (2) 25.3 (3) 1.2 II30 5% VI-15

352 (i) (ii) (i)(ii)(iii) (iv) (v) (a) (i)(ii) (iii) (iv) (b) VI-16

353 (a) (b) 4(a) 1 (c) (i) (1) (2) (ii) VI-17

354 (d) (e) 4(d)12 (i) 0.1% (ii) 5 (f) 4(d) 7 (i) (ii) (iii) 5(ii) VI-18

355 (a) 6(b)6(c) 10% 120,000,000 10% (b) 10% 6(b) 17.02(2)(d)17.02(4) (c) 6(c) 17.02(2)(d)17.02(4) (d) 30%30% VI-19

356 6(d) (e) 12 1% 12 1% 17.02(2)(d)17.02(4) (f) 7(b) (a) (i) (ii) VI-20

357 (iii) (b) 7(a) VI-21

358 (a) (b) 12 (c) 12(iv) (d) (e) 11(e) 11(b) VI-22

359 (f) (i) (ii) (i) (ii) 11(b)(f) VI-23

360 (iii) 12(iv) (iv) (a) (b) (c) (d) 12(iv) (v) (vi) 9 (vii) (viii) (a) 13(b) VI-24

361 (b) 13(c)(d) (i) (1) (2) (3) (ii) (iii) (iv) (c) 13(b) (d) VI-25

362 Yinji Investments (a) (b) (c) VI-26

363 92, Conyers Dill & Pearman VI-27

364 Conyers Dill & Pearman Butterfield Fund Services (Cayman) Limited (a) XV XV (b) (c) VI-28

365 (d) (i) (ii) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o) (p) VI-29

366 (q) (r) 44A44B 32L 4 VI-30

367 342C 8811 (a) (b) (c) (d) (e) (f) (g) (h) Conyers Dill & Pearman (i) (j) (k) (l) (m) VII-1

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