Investors Relations

Remarks
Acquisition of Securities via a placement Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): approximately S$15,000,000 Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 400940411 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 55.71000000 (Deemed Interest)

SunMoon Food Company Limited (the "Company") entered into a placement agreement with Shanghai YIGUO E-Commerce Co., Ltd (the "SYECL") on 31 December 2016 (the "Placement Agreement"), pursuant to which the Company agreed to, inter alia, allot and issue to SYECL, 333,333,333 new ordinary shares in the Company (the "Placement Shares") at the issue price of S$0.045 for each Placement Share (the "Placement"). Additionally, one of the terms in the Placement Agreement states that in the event the net asset value of the Company and its subsidiaries as at 31 December 2016 falls 10% or more below S$10 million, the Company will be obliged to allot and issue to SYECL, such number of shares equivalent to the amount of such shortfall divided by S$0.045 (the "Adjustment Shares"). On 26 January 2017, the Placee incorporated an indirect wholly-owned company, YIGUO General Food Pte. Ltd. ("YGFPL"), to subscribe for the Placement Shares and the Adjustment Shares. YGFPL is a wholly owned subsidiary of Shanghai YIGUO Supermarket Co., Ltd. ("SYSCL"). SYSCL is a wholly owned subsidiary of SYECL. On 28 June 2017, the Company and SYECL agreed that the net asset value of the Company and its subsidiaries as at 31 December 2016 is S$6,957,681.49, resulting in a shortfall of S$3,042,318.51. Accordingly, 67,607,078 Adjustment Shares will be issued to YGFPL. These Adjustment Shares will be allotted and issued together with the Placement Shares. Completion of the Placement took place on 5 July 2017 pursuant to which 333,333,333 Placement Shares and 67,607,078 Adjustment Shares are issued to YGFPL. As SYSCL is the sole shareholder of YGFPL and in turn, SYECL is the sole shareholder of SYSCL, SYECL is deemed to be interested in all the 333,333,333 Placement Shares and 67,607,078 Adjustment Shares issued to YGFPL. YGFPL is a wholly owned subsidiary of SYSCL, which is in turn a wholly owned subsidiary of SYECL.

Remarks
Acquisition of Securities via a placement Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): approximately S$15,000,000 Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 400940411 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 55.71000000 (Deemed Interest)

SunMoon Food Company Limited (the "Company") entered into a placement agreement with Shanghai YIGUO E-Commerce Co., Ltd (the "SYECL") on 31 December 2016 (the "Placement Agreement"), pursuant to which the Company agreed to, inter alia, allot and issue to SYECL, 333,333,333 new ordinary shares in the Company (the "Placement Shares") at the issue price of S$0.045 for each Placement Share (the "Placement"). Additionally, one of the terms in the Placement Agreement states that in the event the net asset value of the Company and its subsidiaries as at 31 December 2016 falls 10% or more below S$10 million, the Company will be obliged to allot and issue to SYECL, such number of shares equivalent to the amount of such shortfall divided by S$0.045 (the "Adjustment Shares"). On 26 January 2017, the Placee incorporated an indirect wholly-owned company, YIGUO General Food Pte. Ltd. ("YGFPL"), to subscribe for the Placement Shares and the Adjustment Shares. YGFPL is a wholly owned subsidiary of Shanghai YIGUO Supermarket Co., Ltd. ("SYSCL"). SYSCL is a wholly owned subsidiary of SYECL. On 28 June 2017, the Company and SYECL agreed that the net asset value of the Company and its subsidiaries as at 31 December 2016 is S$6,957,681.49, resulting in a shortfall of S$3,042,318.51. Accordingly, 67,607,078 Adjustment Shares will be issued to YGFPL. These Adjustment Shares will be allotted and issued together with the Placement Shares. Completion of the Placement took place on 5 July 2017 pursuant to which 333,333,333 Placement Shares and 67,607,078 Adjustment Shares are issued to YGFPL. As SYSCL is the sole shareholder of YGFPL, SYSCL is deemed to be interested in all the 333,333,333 Placement Shares and 67,607,078 Adjustment Shares issued to YGFPL. YGFPL is a wholly owned subsidiary of SYSCL, which is in turn a wholly owned subsidiary of SYECL.

Remarks
Acquisition of Securities via a placement Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): approximately S$15,000,000 Immediately after the transaction

No. of ordinary voting shares/units held: 400940411 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 55.71000000 (Direct Interest); 0.00000000 (Deemed Interest)

YIGUO General Food Pte. Ltd. is a wholly owned subsidiary of Shanghai YIGUO Supermarket Co., Ltd., which is in turn a wholly owned subsidiary of Shanghai YIGUO E-Commerce Co., Ltd.