Peak Sport Products : Documents on display - (024) Irrevocable undertakings Part (b)

Unless otherwise defined, capitalised terms used herein shall have the same meanings as used in the joint announcement issued by Xu's Sport and Peak Sport dated 26 July 2016 in relation to the Scheme (the "Joint Announcement").

I (,ltS!E;Yt) am a holder of certain Share Option granted to me under the Share Option Scheme, pursuant to which Iam entitled to subscribe for 300,000 new Shares, and represent and confirm that such Share Option remains valid and subsisting as at the date hereof.

Ihereby irrevocably undertake to each of Xu's Sport and Peak Sport that from the date of this undertaking and until the Scheme becomes effective or otherwise lapses, Ishall not exercise the abovementioned Share Option.

Iacknowledge that the Option Offer Price is HK$0.662 (with respect to each Share under the abovementioned Share Option), being the see through price (which is the relevant Cancellation Price minus the relevant per Share exercise price under the Share Option (i.e. HK$2.60 -HK$1.938)) of the Share Option.

Iconfirm that my rights and entitlements for the abovementioned Share Option continue to be subject to the terms and conditions of the Share Option Scheme.

Ifurther acknowledge and confirm that this undertaking shall expire upon the lapse of the Scheme.

Iacknowledge and agree that this undertaking and the contents hereof may be disclosed to other parties, including but not limited to the Securities and Futures Commission and the Stock Exchange, and in any announcement, circular or document that any of Xu's Sport and/or Peak Sport may issue or file with any regulatory or judicial body in relation to the Scheme.

This undertaking shall be governed by the laws of Hong Kong.

This document has been executed as a deed and has been delivered on the date which appears hereunder.

SIGNED, SEALED AND DELIVERED )

By i!Eft )

BM: 2016

Dear Sirs,

Proposed privatization of Peak Sport by Xu's Sport by way of a scheme of arrangement (under section 86 of the Companies Law Cap. 22 (Law 3 of 1961), as consolidated and revised, of the Cayman Islands)

Unless otherwise defined, capitalised terms used herein shall have the same meanings as used in the joint announcement issued by Xu's Sport and Peak Sport dated 26 July 2016 in relation to the Scheme (the "Joint Announcement").

I (fiiJ. ,ffit) am a holder of certain Share Option granted to me under the Share Option Scheme, pursuant to which I am entitled to subscribe for 50,000 new Shares, and represent and confirm that such Share Option remains valid and subsisting as at the date hereof.

I hereby irrevocably undertake to each of Xu's Sport and Peak Sport that from the date of this undertaking and until the Scheme becomes effective or otherwise lapses, I shall not exercise the abovementioned Share Option.

I acknowledge that the Option Offer Price is HK$0.662 (with respect to each Share under the abovementioned Share Option), being the see through price (which is the relevant Cancellation Price minus the relevant per Share exercise price under the Share Option (i.e. HK$2.60 - HK.$1.938)) of the Share Option.

I confirm that my rights and entitlements for the abovementioned Share Option continue to be subject to the terms and conditions of the Share Option Scheme.

I further acknowledge and confirm that this undertaking shall expire upon the lapse of the Scheme.

I acknowledge and agree that this undertaking and the contents hereof may be disclosed to other parties, including but not limited to the Securities and Futures Commission and the Stock Exchange, and in any announcement, circular or document that any of Xu's Spo1i and/or Peak Sport may issue or file with any regulatory or judicial body in relation to the Scheme.

This undertaking shall be governed by the laws of Hong Kong.

This document has been executed as a deed and has been delivered on the date which appears hereunder.

SIGNED, SEALED AND DELIVERED

By fpJ,,1*

)

)

BM: 2016 8 J:.l ( 13

Unless otherwise defined, capitalised terms used herein shall have the same meanjngs as used in the joint announcement issued by Xu's Sport and Peak Sport dated 26 July 2016 in relation to the Scheme (the "Joint Announcement").

I (1iE) am a holder of certain Share Option granted to me under the Share Option Scheme, pursuant to which I am entitled to subscribe for 100,000 new Shares, and represent and confirm that such Share Option remains valid and subsisting as at the date hereof.

I hereby irrevocably undertake to each of Xu's Sport and Peak Sport that from the date of this undertaking and until the Scheme becomes effective or otherwise lapses, I shall not exercise the abovementioned Share Option.

I acknowledge that the Option Offer Price is HK$0.662 (with respect to each Share under the abovementioned Share Option), being the see through price (which is the relevant Cancellation Price minus the relevant per Share exercise price under the Share Option (i.e. HK$2.60 -HK$1.938)) of the Share Option.

I confirm that my rights and entitlements for the abovementioned Share Option continue to be subject to the terms and conditions of the Share Option Scheme.

I further acknowledge and confirm that this undertaking shall expire upon the lapse of the Scheme.

I acknowledge and agree that this undertaking and the contents hereof may be disclosed to other parties, including but not limited to the Securities and Futures Commission and the Stock Exchange, and in any announcement, circular or document that any of Xu's Sport and/or Peak Sport may issue or file with any regulatory or judicial body in relation to the Scheme.

This undertaking shall be governed by the laws of Hong Kong.

This document has been executed as a deed and has been delivered on the date which appears hereunder.

SIGNED, SEALED AND DELIVERED

By 1iE

)

)

B.M: 2016 8 J3l B

Unless otherwise defined, capitalised terms used herein shall have the same meanings as used in thejoint announcement issued by Xu's Sport and Peak Sport dated 26 July 2016 in relation to the Scheme (the "Joint Announcement").

I(>am a holder of certain Share Option granted to me under the Share Option Scheme, pursuant to which Iam entitled to subscribe for l00,000 new Shares, and represent and confirm that such Share Option remains valid and subsisting as at the date hereof.

Ihereby irrevocably undertake to each of Xu's Sport and Peak Sport that from the date of this undertaking and until the Scheme becomes effective or otherwise lapses, Ishall not exercise the abovementioned Share Option.

Iacknowledge that the Option Offer Price is HK.$0.662 (with respect to each Share under the abovementioned Share Option), being the see through price (which is the relevant Cancellation Price minus the relevant per Share exercise price under the Share Option (i.e. HK.$2.60 -HK$1.938)) of the Share Option.

Iconfirm that my rights and entitlements for the abovementioned Share Option continue to be subject to the terms and conditions of the Share Option Scheme.

Ifurther acknowledge and confirm that this undertaking shall expire upon the lapse of the Scheme.

Iacknowledge and agree that this undertaking and the contents hereof may be disclosed to other parties, including but not limited to the Securities and Futures Commission and the Stock Exchange, and in any annimncement, circular or document that any of Xu's Sport and/or Peak Sport may issue or file with any regulatory or judicial body in relation to the Scheme.

This undettaking shall be governed by the laws of Hong Kong.

This document has been executed as a deed and has been delivered on the date which appears hereunder.

SIGNED, SEALED AND DELIVERED By XiJ##

B.AA : 2016 1¥