Bosideng International : Supplemental Announcement to the Annual Reports for the Years Ended March 31, 2019 and 2020

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Bosideng International Holdings Limited

波 司 登 國 際 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 3998)

SUPPLEMENTAL ANNOUNCEMENT TO THE

ANNUAL REPORTS FOR THE YEARS ENDED

MARCH 31, 2019 AND 2020

References are made to the annual reports of the Bosideng International Holdings Limited (the "Company") for the years ended March 31, 2019 (the "2018/19 Annual Report") and March 31, 2020 (the "2019/20 Annual Report", and collectively, the "Annual Reports"), respectively. Unless the context requires otherwise, capitalized terms used in this announcement have the same meanings as those defined in the Annual Reports.

In addition to the information provided in (i) the paragraph headed "Share Option Schemes" in the section headed "Report of Directors" and Note 33 to the Consolidated Financial Statements in the 2018/19 Annual Report; and (ii) the paragraph headed "Share Option Schemes" in the section headed "Report of Directors" and Note 36 to the Consolidated Financial Statements in the 2019/20 Annual Report, the weighted average closing price of the Shares immediately before the dates on which the Options were exercised for the years ended March 31, 2019 and 2020, respectively, are set out as follows:

The weighted average closing price of the Shares immediately before the dates of the exercise of the Options for the year ended March 31, 2019 was approximately HKD1.47 (for Options exercised by Mak Yun Kuen (a former executive Director)).

The weighted average closing price of the Shares immediately before the dates of the exercise of the Options for the year ended March 31, 2020 was approximately HKD3.82 (for Options exercised by Rui Jinsong (an executive Director)), approximately HKD3.72 (for Options exercised by Huang Qiaolian (an executive Director)) and approximately HKD3.16 (for Options exercised by Others), respectively.

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The above additional information does not affect any other information contained in the Annual Reports. Save as disclosed in this announcement, the remaining contents of the Annual Reports remain unchanged.

By order of the Board

Bosideng International Holdings Limited

Gao Dekang

Chairman

Hong Kong, August 11, 2020

As at the date of this announcement, the executive Directors are Mr. Gao Dekang, Ms. Mei Dong, Ms. Huang Qiaolian, Mr. Rui Jinsong and Mr. Gao Xiaodong; and the independent non-executive Directors are Mr. Dong Binggen, Mr. Wang Yao and Dr. Ngai Wai Fung.

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