Chan Heng Fai Ambrose - May 4, 2023 Form 4 Insider Report for SHARING SERVICES GLOBAL Corp (SHRG)

Role: Director, Exec. Chairman of the Board
Signature: /s/ Chan Heng Fai Ambrose
Stock symbol: SHRG
Transactions as of: May 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/15/2023, 04:30 PM
Previous filing: Mar 29, 2023
Next filing: May 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHRG	Common Stock	Other	$0	+33.1M		$0.00	33.1M	May 4, 2023	Direct	F1
transaction	SHRG	Common Stock	Other	$0	+3.88M	+11.74%	$0.00	37M	May 4, 2023	Direct	F1, F2
transaction	SHRG	Common Stock	Other	$0	+874K	+2.37%	$0.00	37.8M	May 4, 2023	Direct	F1, F3
transaction	SHRG	Common Stock	Other	$0	+119K		$0.00	119K	May 4, 2023	Footnote	F1, F4
transaction	SHRG	Common Stock	Other	$0	+126M	+105474.65%	$0.00	126M	May 4, 2023	Footnote	F1, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquired in connection with a distribution of shares registered pursuant to a registration statement on Form S-1 filed by the Issuer with the Securities and Exchange Commission for a planned distribution of shares (the "DSS Distribution") of common stock, par value $0.0001 per share of Sharing Services Global Corporation ("SHRG"), beneficially held by DSS, Inc. (formerly Document Security Systems, Inc.), directly and through its subsidiary, Decentralized Sharing Systems, Inc., to the shareholders of DSS, Inc.
F2	Mr. Chan Heng Fai Ambrose holds the shares received pursuant to the DSS Distribution in his personal broker account with Credit Suisse Hong Kong.
F3	Mr. Chan Heng Fai Ambrose holds the shares received pursuant to the DSS Distribution in his personal broker account with Westpark Capital.
F4	Comprises 119,104 SHRG shares received pursuant to the DSS Distribution by Heng Fai Holdings Limited. Mr Chan Heng Fai Ambrose is the sole Director and sole Shareholder of this company.
F5	Comprises (i) 70,426,832 SHRG shares received pursuant to the DSS Distribution by Alset Inc., (ii) 42,732,354 SHRG shares received pursuant to the DSS Distribution by Alset International Limited, and (iii) 12,465,342 SHRG shares received pursuant to the DSS Distribution by Global Biomedical Pte. Ltd. Does not include the 1,443,194 SHRG shares held by DSS Inc. after giving effect to the DSS Distribution or the 6,274,358 SHRG shares held by Decentralized Sharing Systems, Inc. after giving effect to the DSS Distribution, the beneficial ownership of which shares are reported separately by DSS Inc. Mr. Chan Heng Fai Ambrose is the Chairman of the Board of Directors of DSS Inc.
F6	Mr. Chan Heng Fai Ambrose serves as (i) the Chief Executive Officer and Chairman of the board of directors of Alset Inc., (ii) as the Group Chief Executive Officer of Alset International Limited, and (iii) as the Director of Global Biomedical Pte. Ltd. Accordingly, due to his interest in, and control over these entities, Mr. Chan indirectly holds beneficial interest in SHRG shares owned by such entities, and can exercise common control over the voting powers of these SHRG shares.