The board of directors of Samson Paper Holdings Limited announced that it has resolved to change the financial year end date of the Company from 31 March to 31 December. Accordingly, the forthcoming financial year end date of the Company will be 31 December 2022 and the next audited consolidated financial statements of the Company will be for the period of nine months from 1 April 2022 to 31 December 2022. The change of the financial year end date of the Company is to align the financial year end date of the Company with (i) that of the indirect controlling shareholder of the Company, being Xiamen C&D Inc. (), the shares of which are listed on the Shanghai Stock Exchange (stock code: 600153.SH), and (ii) that of the principal operating subsidiary of the Company, being Universal Pulp & Paper (Shandong) Co.

Ltd. its financial year end date at 31 December in the People's Republic of China. The Board considers that the change of the financial year end date will better facilitate the preparation of the consolidated financial statements of the Group.