Form of Proxy for use at the Special General Meeting to be held on Wednesday, 26 June 2019 at 11:00 a.m.

PYI Corporation Limited

(Incorporated in Bermuda with limited liability)

(Stock code: 498)

FORM OF PROXY FOR USE AT THE SPECIAL GENERAL MEETING TO BE

HELD ON WEDNESDAY, 26 JUNE 2019 AT 11:00 A.M.

I/We (Note 1)

of			,
being the registered holder(s) of (Note 2)		shares of HK$0.10 each in

the capital of PYI Corporation Limited (''PYI''), hereby appoint (Note 3) the Chairman of the Meeting or

of

as my/our proxy to attend and vote for me/us and on my/our behalf at the special general meeting of PYI (the

''Meeting'') to be held at Regus Conference Centre, 35th Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong on Wednesday, 26 June 2019 at 11:00 a.m.(Note 10) and at any adjournment thereof on the undermentioned

resolution (with or without amendments) as indicated (Note 4):

ORDINARY RESOLUTION#

FOR (Note 4)

AGAINST (Note 4)

To approve, ratify and confirm the Agreement for the Disposal and the transaction contemplated thereunder

• The full text of the resolution is set out in the notice of the Meeting dated 10 June 2019 (the ''Notice'').

Dated this

day of

2019

Signature (Note 5)

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS.
2. Please insert the number of shares registered in your name(s). If no number is inserted, this form of proxy will be deemed to relate to all the shares of PYI registered in your name(s).
3. If any proxy other than the Chairman of the Meeting is preferred, delete the words ''the Chairman of the Meeting or'' and insert the name and address of the proxy desired in the space provided. Any alteration made to this form of proxy must be duly initialled by the person who signs it.
4. Please indicate with a ''✓'' in the appropriate space beside each resolution how you wish the proxy to vote on your behalf. If this form of proxy is returned duly signed, but without any indication as to how your proxy should vote, the proxy may vote for or against the resolution or may abstain at his discretion. Your proxy will also be entitled to vote or abstain at his discretion on any resolution properly put to the Meeting and/or at any adjournment thereof other than those referred to in the Notice.
5. This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must be either under its seal or under the hand of an officer or attorney or other person authorised to sign the same.
6. Where there are joint holders of any share, any one of such joint holders may vote at the Meeting, either in person or by proxy, in respect of such share as if he was solely entitled thereto, but if more than one of such joint holders be present at the Meeting, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint holders. For this purpose, seniority is determined by the order in which the names stand in the register of members in respect of the joint holding.
7. To be valid, this form of proxy and the power of attorney or other authority (if any) under which it is signed, or a notarized copy of that power or authority, must be deposited at the branch share registrar of PYI in Hong Kong, Tricor Secretaries Limited, at Level 22, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 48 hours before the time appointed for holding the Meeting or any adjourned meeting.
8. The proxy need not be a shareholder of PYI.
9. Completion and return of this form of proxy will not preclude you from attending and voting in person at the Meeting, and in such event, this form of proxy shall be deemed to be revoked.
10. If there is a black rainstorm warning or a tropical cyclone warning signal number 8 or above in force in Hong Kong at or after 8:00 a.m. on 26 June 2019 and/or the Hong Kong Observatory has announced at or before 8:00 a.m. on 26 June 2019 that either of the abovementioned warnings is to be issued within the next two hours, the Meeting as convened by the Notice shall automatically be postponed to 28 June 2019 (the ''Re-scheduled Day'') on which no black rainstorm warning or tropical cyclone warning signal number 8 or above is hoisted between the hours from 8:00 a.m. to 11:00 a.m. and in such case the Meeting shall be held at 11:00 a.m. on the Re-scheduled Day at 11th Floor, Paul Y. Centre, 51 Hung To Road, Kwun Tong, Kowloon, Hong Kong.
11. The Chinese translation of this form of proxy is for reference only and in case of any inconsistency, the English version shall prevail.