CAR : FORM OF PROXY FOR THE ANNUAL GENERAL MEETING TO BE HELD ON MAY 18, 2021

CAR Inc.

ग़ψॡԓϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 0699)

FORM OF PROXY FOR THE ANNUAL GENERAL MEETING

TO BE HELD ON MAY 18, 2021

I/We(Note 1)

of being the registered holder(s) of shares(Note 2) of US$0.00001 each in the share capital of CAR Inc. (the "Company") hereby appoint THE CHAIRMAN OF THE MEETING(Notes 3 & 4) or

of as my/our proxy(Notes 3 & 4) to attend, act and vote for me/us and on my/our behalf as directed below at the annual general meeting of the Company to be held at 2:00 p.m. on May 18, 2021 (Hong Kong time) at Meeting room, 3F, Block B, Lead International Building, 2A Zhonghuan South Road, Wangjing, Chaoyang District, Beijing, the PRC (and at any adjournment thereof).

ORDINARY RESOLUTIONS

FOR (Notes 5 & 6)AGAINST (Notes 5 & 6)

• 1. To receive and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors of the Company (the "Director(s)") and independent auditors of the

• Company for the year ended December 31, 2020.

• 2. To re-elect Ms. Yifan SONG as an executive Director.

• 3. To re-elect Mr. Hongfei YU as a non-executive Director.

• 4. To re-elect Mr. Xuan YAN as a non-executive Director.

• 5. To re-elect Mr. Stephen LE Ee Boon as a non-executive Director.

• 6. To re-elect Mr. Jun XU as a non-executive Director.

• 7. To re-elect Ms. Shengping YU as a non-executive Director.

• 8. To re-elect Mr. Sam Hanhui SUN as an independent non-executive Director.

• 9. To authorize the board of Directors (the "Board") to fix the respective Directors' remuneration.

• 10. To re-appoint Messrs Ernst & Young as auditors of the Company and to authorize the Board to fix their remuneration.

• 11. To give a general mandate to the Directors to repurchase shares of the Company (the "Shares") not exceeding 10% of the total number of issued Shares as at the date of passing of this resolution.

• 12. To give a general mandate to the Directors to allot, issue and deal with additional Shares not exceeding

  20% of the total number of issued Shares as at the date of passing of this resolution.

• 13. Conditional upon the passing of resolutions nos. 11 and 12, to extend the general mandate granted to the Directors to allot, issue and deal with additional Shares by the total number of Shares repurchased by the Company.

Date: 2021

Signature(s)(Notes 7 to 10)

Notes:

• 1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS. The names of all joint registered holders should be stated.

• 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 registered in your name(s).

• 3. Any member of the Company entitled to attend and vote at the meeting is entitled to appoint another person as his/her/its proxy to attend and vote instead of him/her/it. The proxy need not be a member of the Company must attend the meeting in person to represent the member.

• 4. If any proxy other than the Chairman of the meeting is preferred, please strike out the words "THE CHAIRMAN OF THE MEETING" here inserted and insert the name and address of the proxy desired in the space provided. A member of the Company who is the holder of two or more Shares may appoint more than one proxy to attend and vote on his/her/its behalf at the meeting provided that if more than one proxy is so appointed, the appointment shall specify the number and class of Shares in respect of which each such proxy is so appointed. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGN(S) IT.

• 5. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTIONS, TICK THE APPROPRIATE BOXES MARKED "FOR". IF YOU WISH TO VOTE AGAINST ANY RESOLUTIONS, TICK THE APPROPRIATE BOXES MARKED "AGAINST". Failure to complete any or all the boxes will entitle your proxy to cast his/her votes at his/her discretion. Your proxy will also be entitled to vote at his/her discretion on any resolution properly put to the meeting other than those referred to in the notice convening the meeting.

• 6. All resolutions will be put to vote by way of poll at the meeting. Every member of the Company presents in person (in the case of a member being a corporation, by its duly authorized representative) or by proxy shall have one vote for every fully paid Share of which he/she/it is the holder. A person entitled to more than one vote need not use all his/her votes or cast all the votes he/she uses in the same way and in such case, please state the relevant number of Shares in the appropriate box(es) above.

• 7. This form of proxy must be signed by you or your attorney duly authorized in writing or, in the case of a corporation, must be either executed under its common seal or under the hand of an officer or attorney or other person duly authorized.

• 8. In the case of joint holders, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of votes 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 joint holding.

• 9. To be valid, this form of proxy together with the power of attorney or other authority, if any, under which it is signed or a certified copy of such power or authority, must be deposited at the Company's branch share registrar in Hong Kong, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong not less than 48 hours before the time appointed for the holding of the meeting (i.e. not later than 2:00 p.m. on Sunday, May 16, 2021 (Hong Kong time)) or any adjournment thereof.

• 10. Completion and delivery of the form of proxy shall not preclude you from attending and voting in person at the meeting and, in such event, the form of proxy shall be deemed to be revoked.

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 Annual General Meeting of the Company (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 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. You/your proxy (or proxies) has/have the right to request access to and/or correction of the relevant personal data in accordance with the provisions of the Personal Data (Privacy) Ordinance and any such request should be made in writing to Tricor Investor Services Limited at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong.