Polytec Asset : WHITE FORM OF PROXY FOR USE AT THE EXTRAORDINARY GENERAL MEETING TO BE HELD ON MONDAY, 10 MAY 2021

POLYTEC ASSET HOLDINGS LIMITED

保 利 達 資 產 控 股 有 限 公 司*

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 208)

WHITE FORM OF PROXY FOR USE AT THE EXTRAORDINARY GENERAL MEETING TO BE HELD ON

MONDAY, 10 MAY 2021 AT 11:00 A.M. (HONG KONG TIME)

(OR ANY ADJOURNMENT THEREOF)

White form of proxy for use at the extraordinary general meeting (the "Extraordinary General Meeting") (or any adjournment thereof) of the holders of ordinary shares of HK$0.10 par value each (the "Shareholders") in the share capital of Polytec Asset Holdings Limited (the "Company").

I/We, (Note 1)

of

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

the share capital of the Company, HEREBY APPOINT THE CHAIRMAN OF THE EXTRAORDINARY GENERAL MEETING (Note 3) or of

as my/our proxy to attend and act for me/us and on

my/our behalf at the Extraordinary General Meeting (or at any adjournment thereof) to be held at Chiu Garden, 4th Floor, Pioneer Centre, 750 Nathan Road, Kowloon, Hong Kong on Monday, 10 May 2021 at 11:00 a.m. (Hong Kong time) (or as soon thereafter as the meeting of certain holders of the ordinary shares of HK$0.10 each in the share capital of the Company convened at the direction of the Grand Court of the Cayman Islands shall have been concluded or adjourned), for the purpose of considering and, if thought fit, passing the resolutions set out in the notice dated 16 April 2021 (the "EGM Notice") convening the Extraordinary General Meeting and at such Extraordinary General Meeting (or at any adjournment thereof) to vote for me/us and in my/our name(s) in respect of the Special Resolutions and the Ordinary Resolution as my/our proxy may approve as hereunder indicated, and if no such indication is given, as my/our proxy thinks fit and in respect of any resolution that may properly come before the Extraordinary General Meeting and/or any adjournment thereof.

Special Resolutions:				FOR	AGAINST
			(Notes 4 and 9)	(Notes 4 and 9)
1.	To consider and approve, amongst others, the reduction of the issued share capital of the Company by cancelling and
	extinguishing the Scheme Shares as defined and more particularly set out in the EGM Notice.
2.	To consider and approve, amongst others, the withdrawal of the listing of the Company as more particularly set out in
	the EGM Notice.
Ordinary Resolution:
3.	To consider and approve, amongst others, the increase of the number of issued ordinary shares in share capital of the
	Company as more particularly set out in the EGM Notice.
Dated this		day of		2021
Shareholder's signature:				(Note 5)

Contact Phone Number:

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS. The names of all joint holders should be stated.
2. Please insert the number of ordinary shares of HK$0.10 par value each in the share capital of the Company (the "Shares") registered in your name(s) and to which this white form of proxy relates. If no number is inserted, this white form of proxy will be deemed to relate to all of such Shares registered in your name(s).
3. Any Shareholder entitled to attend and vote at the Extraordinary General Meeting is entitled to appoint another person as his proxy to attend and vote instead of him. If any proxy other than the Chairman of the Extraordinary General Meeting is preferred, please strike out the words "THE CHAIRMAN OF THE EXTRAORDINARY GENERAL MEETING or" and insert the name and address of the proxy desired in the space provided. A Shareholder who is the holder of two or more Shares may appoint more than one proxy to attend and vote on his behalf at the Extraordinary General Meeting provided that if more than one proxy is so appointed, the appointment shall specify the number of Shares in respect of which each such proxy is so appointed. IF NO NAME IS INSERTED,
   THE CHAIRMAN OF THE EXTRAORDINARY GENERAL MEETING WILL ACT AS YOUR PROXY. ANY ALTERATION MADE TO THIS WHITE FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.
4. IMPORTANT: IF YOU WISH TO VOTE FOR THE SPECIAL/ORDINARY RESOLUTIONS, PLEASE ("✓") TICK THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST THE SPECIAL/ORDINARY RESOLUTIONS, PLEASE ("✓") TICK THE BOX MARKED "AGAINST". Failure to tick either box in relation to the Special Resolutions and the Ordinary Resolution will entitle your proxy to cast his vote or abstain at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution properly put to the Extraordinary General Meeting other than that referred to in the EGM Notice or abstain.
5. This white 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 to sign the same.
6. 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 relevant joint holding of the Shares. The one of the said joint holders so present whose name stands first on the Register of Members of the Company in respect of such Share(s) shall be accepted to the exclusion of the votes of the other joint holder(s).
7. To be valid, this white form of proxy together with any power of attorney (if any) or other authority (if any) under which it is signed or a certified copy thereof, must be completed, signed and deposited at the Company's branch share registrar and transfer office in Hong Kong, Tricor Tengis Limited, at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong, as soon as possible and in any event not less than 48 hours before the time appointed for holding the Extraordinary General Meeting (or any adjournment thereof) and in default, this white form of proxy shall not be treated as valid. Completion and delivery of this white form of proxy will not preclude you from attending the Extraordinary General Meeting (or any adjournment thereof) and voting in person at the Extraordinary General Meeting (or any adjournment thereof) if you so wish, but in the event of your attending the Extraordinary General Meeting after having lodged this white form of proxy, this white form of proxy will be deemed to have been revoked by operation of law.
8. The proxy need not be a member of the Company but must attend the Extraordinary General Meeting in person to represent you.
9. The full text of the resolutions appears in the EGM Notice.

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 Extraordinary General 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 authorised 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 Tricor Tengis Limited at the above address.

* For identification purpose only