Fosun International : GRANT OF OPTIONS UNDER SHARE OPTION SCHEME

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.

GRANT OF OPTIONS UNDER SHARE OPTION SCHEME

The Board announces that on 4 May 2017, the Company granted the Options to subscribe for an aggregate of 56,400,000 Shares pursuant to the Scheme, subject to acceptance by the relevant Grantees.

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

In order to promote its values of entrepreneurship, encourage value creation, and reward contributions by its core management staff, Fosun International Limited (the "Company", with its subsidiaries, collectively known as the "Group"), has decided to grant share options (the "Options") to the global core management staff (the "Grantees"), as part of its continuing efforts to develop a multi-layered and long-term incentives mechanism for ongoing management innovations and cultural heritage.

The board of directors (the "Board") of the Company announces that on 4 May 2017 (the "Date of Grant"), subject to the acceptance of the relevant Grantees, the Company has granted 56,400,000 Options to subscribe for an aggregate of 56,400,000 ordinary shares in the Company (the "Shares") under its share option scheme adopted on 19 June 2007 (the "Scheme").

Each Option shall entitle the holder of such Option to subscribe for one Share upon exercise of such Option at an exercise price of HK$11.75 per Share, which is higher than (1) the closing price of HK$11.68 per Share as stated in the daily quotation sheet issued by the Stock Exchange on the Date of Grant; and (2) the average closing price of approximately HK$11.75 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the Date of Grant. In aggregate, the Options shall entitle the Grantees to subscribe for 56,400,000 Shares upon exercise of all such Options.

The Options shall be exercised by the Grantees during the 10-year period commencing from the Date of Grant (the "Option Period") in accordance with the following vesting schedules, subject to the relevant provisions for early termination contained in the Scheme.

The Options are exercisable by each Grantee in three tranches as set out below:

1. up to the first 20% of the Options, at any time from the date falling on the fifth anniversary of the Date of Grant till the end of the Option Period;

2. up to a further 30% of the Options, at any time from the date falling on the sixth anniversary of the Date of Grant till the end of the Option Period; and

3. in respect of the remaining 50% of the Options, which, for the avoidance of doubt, comprise those Options which have not been exercised (and not lapsed) since the fifth anniversary of the Date of Grant, at any time from the date falling on the seventh anniversary of the Date of Grant till the end of the Option Period.

The exercise of the Options by the Grantees is conditional upon the fulfilment of certain performance targets relating to the Group (the "Performance Target"). The Performance Target has been determined by the Board and specified in the respective grant letters of each Grantee. Unless the Performance Target is met, the Options granted to the Grantees will lapse.

Among the 56,400,000 Options, 14,700,000 Options were granted to the directors of the Company with details as follows:

Name of Grantees	Main Position	Number of Options Granted	Aggregate Number of Outstanding Options Granted under the Scheme
Chen Qiyu	Co-President, Executive Director	1,500,000	11,500,000
Xu Xiaoliang	Co-President, Executive Director	1,500,000	11,500,000
Wang Can	Executive Director, Chief Financial Officer	4,900,000	8,900,000
Kang Lan	Executive Director	1,900,000	8,900,000
Gong Ping	Executive Director	4,900,000	8,900,000

The grant of the Options to the above mentioned directors of the Company has been approved by the independent non-executive directors of the Company in accordance with Rule 17.04(1) of the Listing Rules. The grant of such Options has also been approved by the Board, save that Mr. Chen

Qiyu, Mr. Xu Xiaoliang, Mr. Wang Can, Ms. Kang Lan and Mr. Gong Ping had each abstained from voting on the relevant resolutions relating to the grant of Options to themselves.

Save as disclosed above, none of the Grantees is a director, chief executive or substantial shareholder of the Company, or their respective associates (as defined in the Listing Rules).

By Order of the Board Fosun International Limited Guo Guangchang

Chairman

4 May 2017

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.