Avarae Global Coins : Proxy - 31.03.2016

1. As a member of the Company you are entitled to appoint a proxy to exercise all or any of your rights to attend, speak and vote at a general meeting of the Company. You can only appoint a proxy using the procedures set out in these notes.

2. Appointment of a proxy does not preclude you from attending the meeting and voting in person. If you have appointed a proxy and attend the meeting in person, your proxy appointment will automatically be terminated.

3. A proxy does not need to be a member of the Company but must attend the meeting to represent you. To appoint as your proxy a person other than the Chairman of the meeting, insert their full name in the box. If you sign and return this proxy form with no name inserted in the box, the Chairman of the meeting will be deemed to be your proxy. Where you appoint as your proxy someone other than the Chairman, you are responsible for ensuring that they attend the meeting and are aware of your voting intentions.

4. You may appoint more than one proxy provided each proxy is appointed to exercise rights attached to different shares. You may not appoint more than one proxy to exercise rights attached to any one share.

5. To direct your proxy how to vote on the resolutions mark the appropriate box with an 'X'. To abstain from voting on a resolution, select the relevant "Vote withheld" box. A vote withheld is not a vote in law, which means that the vote will not be counted in the calculation of votes for or against the resolution. If no voting indication is given, your proxy will vote or abstain from voting at his or her discretion. Your proxy will vote (or abstain from voting) as he or she thinks fit in relation to any other matter which is put before the meeting.

6. To appoint a proxy using this form, the form must be:

   • completed and signed;

   • sent or delivered to the Company's Transfer Agent, Neville Registrars Limited, Neville House, 18 Laurel Lane, Halesowen, B63 3DA, or by email to info@nevilleregistrars.co.uk; and

   • received by the Company's Transfer Agent at the above address no later than 11:00 a.m. on 11 October 2016.

7. In the case of a member which is a company, this proxy form must be executed under its common seal or signed on its behalf by an officer of the company or an attorney for the company.

8. Any power of attorney or any other authority under which this proxy form is signed (or a duly certified copy of such power or authority) must be included with the proxy form.

9. In the case of joint holders, where more than one of the joint holders purports to appoint a proxy, only the appointment submitted by the most senior holder will be accepted. Seniority is determined by the order in which the names of the joint holders appear in the Company's register of members in respect of the joint holding (the first-named being the most senior).

10. If you submit more than one valid proxy appointment, the appointment delivered last (regardless of its date or of the date of its execution) before the latest time for the receipt of proxies will take precedence.

11. You may not use any electronic address provided in this proxy form (if provided) to communicate with the Company for any purposes other than those expressly stated.

Please complete and return this Form of Proxy to the Transfer Agent at the address shown overleaf. If you wish to use an envelope, please address it to 'FREEPOST NEVILLE'. If it is posted outside the United Kingdom, please return it in an envelope using the address shown overleaf and pay the appropriate postage charge.

Avarae Global Coins PLC

(Incorporated in the Isle of Man under Company Number 004526V)

FORM OF PROXY

I/We being (a) member(s) of the Company and entitled to vote at the Annual General Meeting, hereby appoint

or failing him/her, the Chairman of the Meeting as my/our proxy, to attend, speak and vote for me/us and on my/our behalf at the Annual General Meeting of the Company, to be held on 13 October 2016 at Ground Floor, West Suite, Exchange House, 54-58 Athol Street, Douglas, Isle of Man, IM1 1JD at 11:00 a.m. and at any adjournment thereof.

FOR

AGAINST

WITHHELD

1. That the audited accounts of the Company for the year ended 31March 2016 and the reports of the Directors and the Auditors

   and any other document required to be annexed thereto be and they are hereby considered and adopted

2. To re-appoint Nigel Christian Gautrey as a Director of theCompany

3. To re-appoint Baker Tilly Isle of Man LLC as Auditors to theCompany

If you are planning to attend the Annual General Meeting please tick the following box :

Mark this box with an "X" if you are appointing more than one proxy : Signed

Leave blank to authorise your proxy to act in relation to your full entitlement or enter the number of shares in relation to which your proxy is authorised to vote :

Date:

D D M M Y Y

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Avarae Global Coins PLC The Annual General Meeting will start at 11:00 a.m. and is being held on 13 October 2016 at Ground Floor, West Suite,

Attendance Card

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Name Address 1

Address 2

Address 3

Address 4

Address 5

Address 6

Exchange House, 54-58 Athol Street, Douglas, Isle of Man, IM1 1JD.

Please present this card at the registration desk. It will be used to show that you have the right to attend, speak and vote at the Annual General Meeting.

Business Reply Plus Licence Number

RSTY-SAKX-RZSL

Neville Registrars Limited Neville House

18 Laurel Lane Halesowen

B63 3DA