Hong Kong Exchanges and Clearing Limited

FORM 3A - Director/Chief Executive Notice - Interests in Shares of Listed Corporation

Form Serial Number:

DA20220419E00539

1. Date of relevant event:

19/04/2022
(dd/mm/yyyy)

2. Date when director became aware of the relevant event/ interest in the shares (if later):

(dd/mm/yyyy)

3. Stock code:

03913

4. Name of listed corporation:

KWG Living Group Holdings Ltd.

5. Class of shares:

Ordinary Shares

6. Number of issued shares in class:

2,017,110,233

7. Name of director (English) as printed on HKID Card/Passport:

(Surname)	Yang
(Other names)	Jingbo

10. Name of director (Chinese):

楊靜波

11. Chinese Character Code as printed on HKID Card:

24. Details of relevant event:

Brief description of relevant event

Capacity in which shares were/are held

Number of shares bought/sold or involved

Currency of transaction

On Exchange

Off Exchange

Before relevant event

After relevant event

Highest price (per share)

Average price (per share)

Average consideration (per share)

Consideration code

Long position

1310	There has been a change in nature of your interest in the shares because: you are a beneficiary under a trust and the shares have been transferred to you by a trustee

2305	Beneficiary of a trust (other than a discretionary interest)

2101	Beneficial owner

33,500

Short position

25. Total shares in listed corporation immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long position	134,000	0.01

26. Total shares in listed corporation immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long position	134,000	0.01

27. Capacity in which interests disclosed in Box 26 are held:

Code describing capacity

Number of shares

2101	Beneficial owner

Long position

33,500

2305	Beneficiary of a trust (other than a discretionary interest)

Long position

100,500

28. Further information in derivative interests in listed corporation :

Derivatives code

Exercise period (dd/mm/yyyy)

Consideration - if derivatives granted by listed corporation

Number of shares

		Begins	Ends	Currency	Price for grant	Currency	Exercise price	Currency	Price on assignment

29. Further information in relation to interests of children under 18 and/or spouse:

Child/Spouse	Name of child/spouse	Number of shares

30. Further information in relation to interests of corporations controlled by Director:

Name of controlled corporation	Address and place of incorporation	Name of controlling person	% control	Direct interest (Y/N)	Number of shares

31. Further information in relation to interests held by Director jointly with another person:

Name of joint shareholder	Address	Number of shares

32. Further information from a director who is a trustee, or beneficiary of a trust, or a person who has set up a Discretionary Trust:

Names of Trust

Address

Status code

Number of shares

KWG Living Group Share Incentive Scheme Trust

Addresses of individuals are not displayed.

5102	Beneficiary of a trust (other than a discretionary interest)

Long position

100,500

33. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):

Names of other parties	Address	Number of shares

Total number of shares in which a director is interested under sections 317 and 318

34. Supplementary information:

The 134,000 shares were awarded pursuant to a share award scheme adopted by the Company on 23 July 2021. Accordingly, the 1st tranche of 33,500 awarded shares (representing 25% of the total shares granted to such director) was vested on 19 April 2022 under the vesting schedule as set out in the announcement of the Company dated 23 July 2021.

35. Log/Serial Number of the previous form:

36. Number of concert party document(s) under section 317 attached/uploaded:

Date of filing this Form 3A:

19/04/2022
(dd/mm/yyyy)