Hap Seng Consolidated Berhad : AGM Reporting Document

Hap Seng Consolidated Berhad 197601000914 (26877-W)

PROXY FORM

No. of Shares CDS Account No.

I/We …………..…….………………………….……NRIC No./Company No.……………….…………....................

(FULL NAME IN BLOCK LETTERS)

of…….….………………….….………………………………………….…..….………………...............................

(FULL ADDRESS)

Tel No.……………………………being a member/members of Hap Seng Consolidated Berhad (the "Company"), do

hereby appoint.…………………………….…….……………NRIC No./Company No. .…….…..….……..………....

(FULL NAME OF PROXY IN BLOCK LETTERS)

of ….…….…………………………………………….…………………………… Tel No.………………………….

(FULL ADDRESS)

or failing him/her, the CHAIRMAN OF THE MEETING as my/our proxy to vote for me/us on my/our behalf at the extraordinary general meeting ("EGM") of the Company to be conducted by way of a fully virtual meeting with its broadcast venue at the Kinabalu Room, Ground Floor, Menara Hap Seng, Jalan P. Ramlee, 50250 Kuala Lumpur on Thursday, 28 July 2022 at 10am or the adjournment thereof in the following manner:-

RESOLUTION

FOR

AGAINST

ORDINARY RESOLUTION -

PROPOSED DISPOSAL OF 50,000,001 ORDINARY SHARES

REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL

OF HS CREDIT (BIRMINGHAM) LTD BY HSC BIRMINGHAM HOLDING

LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE

COMPANY, TO LEI SHING HONG CAPITAL LIMITED FOR A CASH

CONSIDERATION OF GBP127,800,000

Please indicate with a check mark ("") in the appropriate box against resolution how you wish your proxy to vote. In the absence of specific instructions, the proxy will vote or abstain at his/her discretion.

Signed this ___________ day of ____________________, 2022

..................……………………..........................

Signature(s) / Common Seal of Shareholder(s)

Notes:

1. The EGM will be conducted by way of a fully virtual meeting through live streaming and online remote voting via the remote participation and electronic voting facilities ("RPEV") which are available athttps://meeting.boardroomlimited.my. Please follow the procedures provided in the administrative guide for the EGM in order to register, participate and vote remotely via RPEV.
2. The chairman of the EGM will be at the broadcast venue in compliance with section 327(2) of the Companies Act 2016. No shareholder/proxy shall be physically present at the meeting venue.
3. A depositor shall not be regarded as a member entitled to participate and vote thereat unless his/her name appears in the register of members and/or record of depositors as at 21 July 2022.
4. Subject to note 5 below, a member entitled to participate and vote at the EGM is entitled to appoint a proxy or proxies to participate and vote in his/her stead. Where a member appoints more than one (1) proxy, the appointment shall be invalid unless he/she specifies the proportion of his/her holdings to be represented by each proxy. The proxy or proxies need not be a member of the Company and there shall be no restriction as to the qualification of the proxy or proxies.

✄

1. Where a member is an exempt authorised nominee which holds ordinary shares in the Company for multiple beneficial owners in one (1) securities account ("Omnibus Account") as defined under the Securities Industry (Central Depositories) Act, 1991, there is no limit on the number of proxies which the exempt authorised nominee may appoint in respect of each Omnibus Account it holds.
2. The instrument appointing a proxy shall be in writing under the hand of the appointor or his/her attorney duly authorised in writing, or if the appointor is a corporation, either under the seal or under the hand of an officer or attorney duly authorised. Such duly executed instrument appointing a proxy must either be (a) deposited at Reception Counter, Ground Floor, Menara Hap Seng, Jalan P. Ramlee, 50250 Kuala Lumpur; or (b) submitted electronically through the Boardroom Smart Investor Portal athttps://investor.boardroomlimited.com, not less than twenty-four (24) hours before the time appointed for holding the EGM or the adjournment thereof.

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AFFIX

STAMP

THE COMPANY SECRETARY

HAP SENG CONSOLIDATED BERHAD

(Registration No. 197601000914 (26877-W)

Reception Counter, Ground Floor, Menara Hap Seng

Jalan P. Ramlee

50250 Kuala Lumpur

MALAYSIA

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