PROXY FORM FOR THE SPECIAL GENERAL MEETING OF SCHEME SHAREHOLDERS TO BE HELD ON FRIDAY, 23 APRIL 2021 AT 10:30 A.M.

(Incorporated in Bermuda with limited liability)

(Stock code: 190)

(website: www.hkcholdings.com)

PROXY FORM

Proxy form for use by shareholders of HKC (Holdings) Limited (the ''Company'') at the special general meeting to be held at Lower Level 1, Kowloon Shangri-La, 64 Mody Road, Tsimshatsui East, Kowloon, Hong Kong on Friday, 23 April 2021 at 10 : 30 a.m. (Hong Kong time) and at any adjournment thereof (the ''Meeting'').

I/We (Note 1)

of

being the registered holders(s) of (Note 2)

shares of par value HK$0.25 each in the capital of the Company, HEREBY APPOINT THE CHAIRMAN OF THE MEETING or (Note 3)

of

as my/our proxy to attend the Meeting (or as soon as the Court Meeting (as defined in the Scheme Document dated 1 April 2021) convened for the same day and places shall have been concluded or adjourned), for the purpose of considering and, if thought fit, passing the special resolution set out in the Notice of Special General Meeting dated 1 April 2021 convening the Meeting and at such Meeting to vote for me/us and in my/our name(s) in respect of the special resolution as hereunder indicated, and if no such indication is given, as my/our proxy thinks fit.

Please indicate with a ''✓'' in the boxes below how you wish the proxy to vote on your behalf. (Note 4)

SPECIAL RESOLUTION (Note 5)

• For identification purposes only

Notes:

1. Please insert your full name(s) and address(es) in BLOCK CAPITALS. The names of all joint registered holders should be stated.
2. Please insert the number of shares of the Company registered in your name(s) to which this form of proxy relates. If no number is inserted, this proxy form will be deemed to relate to all the shares in the Company registered in your name(s).
3. If you wish to appoint any other person as your proxy you should delete the reference to the Chairman of the Meeting and insert the name and address of the proxy you wish to appoint. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY.
   Your proxy need not be a member of the Company, but must attend the Meeting in person to represent you. ANY ALTERATION MADE TO THIS PROXY FORM MUST BE INITIALLED BY THE PERSON(S) WHO SIGN(S) IT.
4. The special resolution will be voted upon by way of poll at the Meeting.
5. The full text of the special resolution is set out in the Notice of Special General Meeting dated 1 April 2021.
6. IF YOU WISH TO VOTE FOR THE SPECIAL RESOLUTION, TICK (''✓'') THE APPROPRIATE BOX MARKED ''FOR''. IF YOU WISH TO VOTE AGAINST THE SPECIAL RESOLUTION, TICK (''✓'') THE APPROPRIATE BOX MARKED ''AGAINST''. Failure to complete either box will entitle your proxy to cast your vote or abstain at his/her discretion. Your proxy will also be entitled to vote or abstain at his/her discretion on any resolution or motion properly put to the Meeting other than that referred to in the Notice of the Special General Meeting.
7. This proxy form must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, executed under its common seal or under the hand of an officer, attorney or other person duly authorised to sign the same.
8. If you are a shareholder whose name appears in the register of members of the Company kept by Computershare Hong Kong Investor Services Limited, this proxy form, together with the power of attorney or other authority (if any) under which it is signed, or a certified copy thereof, must be lodged at Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong as soon as possible and in any event not less than 48 hours before the time appointed for the Meeting.
9. In the case of joint registered holders, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the vote(s) of the other joint holder(s) and, for this purpose, seniority will be determined by the order in which the names stand in the register of members of the Company in respect of the relevant joint holding.
10. Completion and return of this proxy form will not prevent you from attending and voting in person at the Meeting (or any adjournment thereof) and in that event the proxy will be revoked by operation of law.

PERSONAL INFORMATION COLLECTION STATEMENT

Your supply of your and your proxy's (or proxies') name(s) and address(es) is on a voluntary basis for the purpose of processing your request for the appointment of a proxy (or proxies) and your voting instructions for the Meeting (the ''Purposes''). We may transfer your and your proxy's (or proxies') name(s) and address(es) to our agent, contractor, or third party service provider who provides administrative, computer and other services to us for use in connection with the Purposes and to such parties who are authorized by law to request the information or are otherwise relevant for the Purposes and need to receive the information. Your and your proxy's (or proxies') name(s) and address(es) will be retained for such period as may be necessary to fulfil the Purposes. Request for access to and/or correction of the relevant personal data can be made in accordance with the provisions of the Personal Data (Privacy) Ordinance and any such request should be in writing by mail to the Company/Computershare Hong Kong Investor Services Limited at the above address.