Fosun International : PROPOSED GRANTING OF GENERAL MANDATES TO REPURCHASE SHARES AND TO ISSUE NEW SHARES AND PROPOSED GRANTING OF SHARE OPTION MANDATE AND PROPOSED RE-ELECTION OF DIRECTORS AND NOTICE OF ANNUAL GENERAL MEETING

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult a stockbroker or other registered dealer in securities, a bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in Fosun International Limited, you should at once hand this circular, together with the enclosed form of proxy, to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale was effected for transmission to the purchaser or transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

PROPOSED GRANTING OF GENERAL MANDATES TO REPURCHASE SHARES AND TO ISSUE NEW SHARES AND PROPOSED GRANTING OF SHARE OPTION MANDATE AND PROPOSED RE-ELECTION OF DIRECTORS AND NOTICE OF ANNUAL GENERAL MEETING

A notice convening the Annual General Meeting to be held at 10 a.m. on Tuesday, 6 June 2017 at Grand Ballroom, 1st Floor, Grand Hyatt Hong Kong, 1 Harbour Road, Wanchai, Hong Kong is set out on pages 20 to 25 of this circular. A form of proxy for use at the Annual General Meeting is enclosed. Such form of proxy is also published on the websites of the Stock Exchange (www.hkexnews.hk) and the Company (www.fosun.com).

If you are not able to attend the Annual General Meeting, please complete and sign the accompanying form of proxy in accordance with the instructions printed thereon and return it to the share registrar of the Company, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong as soon as possible but in any event not less than 48 hours before the time appointed for the holding of the Annual General Meeting or any adjournment thereof. Completion and return of the form of proxy will not preclude shareholders from attending and voting in person at the meeting if they so wish.

27 April 2017

Page

Definitions 1 Letter from the Board

1. Introduction 3

2. Proposed Granting of the Repurchase Mandate and Issuance Mandate 4

3. Proposed Granting of Share Option Mandate 4

4. Proposed Re-election of Directors 5

5. Annual General Meeting and Proxy Arrangement 6

6. Recommendation 6

7. General Information 7

Appendix I - Explanatory Statement on the Repurchase Mandate 8 Appendix II - Details of Directors Proposed to be Re-elected at the Annual General Meeting 11 Notice of Annual General Meeting 20

In this circular, unless the context otherwise requires, the following expressions shall have the following meanings:

"Annual General Meeting" an annual general meeting of the Company to be held at 10

a.m. on Tuesday, 6 June 2017 at Grand Ballroom, 1st Floor, Grand Hyatt Hong Kong, 1 Harbour Road, Wanchai, Hong Kong, to consider and, if appropriate, to approve the resolutions contained in the notice of Annual General Meeting which is set out on pages 20 to 25 of this circular, or any adjournment thereof

"Articles of Association" the articles of association of the Company (as amended from

time to time)

"A Share(s)" equity securities listed on SSE

"Board" the board of Directors

"Companies Ordinance" the Companies Ordinance (Chapter 622 of the Laws of Hong

Kong)

"Company" Fosun International Limited, a company incorporated in Hong Kong with limited liability, the shares of which are listed on the main board of the Stock Exchange (Stock Code: 00656)

"Director(s)" the director(s) of the Company

"FHL" Fosun Holdings Limited, a company incorporated in Hong Kong with limited liability

"Fosun High Technology" Shanghai Fosun High Technology (Group) Co., Ltd., a limited

liability company incorporated in the PRC and a wholly- owned subsidiary of the Company

"Fosun International Holdings" Fosun International Holdings Ltd., a company incorporated in

the British Virgin Islands with limited liability

"Fosun Pharma" Shanghai Fosun Pharmaceutical (Group) Co., Ltd., a limited liability company established in the PRC and a subsidiary of Fosun High Technology, whose A Shares are listed on SSE (Stock Code: 600196), and H shares are listed on the main board of the Stock Exchange (Stock Code: 02196)

"Group" the Company and its subsidiaries

"HK$" Hong Kong dollars, the official currency of Hong Kong

"Hong Kong" the Hong Kong Special Administrative Region of the PRC

"Issuance Mandate" as defined in paragraph 2(b) of the "Letter from the Board" set out in this circular

"Latest Practicable Date" 20 April 2017, being the latest practicable date prior to the

printing of this circular for ascertaining certain information in this circular

"Listing Rules" the Rules Governing the Listing of Securities on the Stock Exchange

"New Share Option Scheme" the new share option scheme to be approved by the

Shareholders on the Annual General Meeting

"PRC" the People's Republic of China

"Repurchase Mandate" as defined in paragraph 2(a) of the "Letter from the Board" set

out in this circular

"RMB" Renminbi, the official currency of the PRC

"SFO" the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)

"SSE" the Shanghai Stock Exchange

"Share(s)" ordinary share(s) of the Company or if there has been a subsequent sub-division, consolidation, reclassification or reconstruction of the shares of the Company, shares forming part of the ordinary shares of the Company

"Share Option Scheme" the share option scheme which was approved by the

Shareholders on 19 June 2007

"Shareholder(s)" holder(s) of issued Share(s)

"Stock Exchange" The Stock Exchange of Hong Kong Limited

"Takeovers Code" The Codes on Takeovers and Mergers issued by the Securities and Futures Commission in Hong Kong