AGREEMENT AND PLAN OF MERGER Dated as of December 2, 2013 among PAN LONG COMPANY LIMITED PAN LONG INVESTMENT HOLDINGS LIMITED and EXCEED COMPANY LTD.Merger Agreement • December 2nd, 2013 • Exceed Co Ltd. • Footwear, (no rubber) • New York
Contract Type FiledDecember 2nd, 2013 Company Industry JurisdictionThis AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of December 2, 2013, is by and among Pan Long Company Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Parent”), Pan Long Investment Holdings Limited, a business company with limited liability incorporated under the laws of the British Virgin Islands, all of the issued and outstanding shares of which are owned by Parent (“Merger Sub”), and Exceed Company Ltd., a business company with limited liability incorporated under the laws of the British Virgin Islands (the “Company”).