CARNEGIE CLEAN ENERGY LIMITED — Proxy Solicitation & Information Statement 2018

Aug 23, 2018

Proxy Form

Tag Pacific Limited ACN 009 485 625 GPO Box 4032, Sydney NSW 2001, Australia Fax: +61 2 8275 6060 Email: info@tagpac.com

Appointment of proxy

I/We

of

being a member/s of Tag Pacific Limited and entitled to attend and vote hereby appoint

the Chairman of the meeting (mark with an ‘x’) OR

If you are not appointing the Chairman of the meeting as your proxy please write here the full name of the individual or body corporate you are appointing as your proxy

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the meeting, as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, and to the extent permitted by law, as the proxy sees fit) at the Extraordinary General meeting of Tag Pacific Limited to be held at Computershare, Level 4, 60 Carrington Street, Sydney, Australia on Tuesday, 25 September 2018 at 10:00am and at any adjournment of that meeting.

Voting directions to your proxy – please mark ‘X’ to indicate your directions

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Agenda For Against Abstain
1 Approval of issue of shares to Carnegie Clean Energy Limited
2 Approval of change of Company’s name
The Chairman of the meeting intends to vote undirected proxies in favour of each of the items of business.
If you mark the Abstain box for a particular item, you are directing your proxy not to vote on your behalf on a show of hands or on a poll
and your votes will not be counted in computing the required majority on a poll.
Please sign here
This section must be signed in accordance with the instructions overleaf to enable your directions to be implemented.
Individual or Shareholder 1 Shareholder 2 Shareholder 3
Sole Director and Director Director/Company Secretary
Sole Company Secretary
Contact name Contact daytime telephone Date
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Proxy Form

How to comPlete tHis Proxy Form

Appointment of proxy

If you wish to appoint the Chairman of the meeting as your proxy, mark the first box with an ‘x’. If the individual or body corporate you wish to appoint as your proxy is someone other than the Chairman of the meeting please write the full name of that individual or body corporate in the second box. If you leave the section blank, or your named proxy does not attend the meeting, the Chairman of the meeting will be your proxy. A proxy need not be a shareholder of the Company.

Votes on items of business

you may direct your proxy how to vote by placing a mark in one of the three boxes opposite each item of business. All your securities will be voted in accordance with such a direction unless you indicate only a portion of voting rights are to be voted on any item by inserting the percentage or number of securities you wish to vote in the appropriate box or boxes. If you do not mark any of the boxes on a given item, your proxy may vote as he or she chooses. If you mark more than one box on an item your vote on that item will be invalid.

Appointment of a second proxy

you are entitled to appoint up to two persons as proxies to attend the meeting and vote on a poll. If you wish to appoint a second proxy, an additional proxy form may be obtained by telephoning the Company or you may copy this form.

To appoint a second proxy you must on each of the first proxy form and the second proxy form state the percentage of your voting rights or number of securities applicable to that form. If the appointments do not specify the percentage or number of votes that each proxy may exercise, each proxy may exercise half your votes. Fractions of votes will be disregarded. Both forms must be returned together in the same envelope.

Signing instructions

you must sign this form as follows in the spaces provided:

~~Individual:~~

Where the holding is in one name, the holder must sign.

~~Joint holding:~~

Where the holding is in more than one name, all of the shareholders should sign.

~~Power of attorney:~~

To sign under power of attorney, you must have already lodged this document with the Company. If you have not previously lodged this document for notation, please attach a certified photocopy of the power of attorney to this form when you return it.

~~Companies:~~

Where the company has a sole director who is also the sole company secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a company secretary, a sole director can also sign alone. otherwise this form must be signed by a director jointly with either another director or a company secretary. Please indicate the office held by signing in the appropriate place.

If a representative of the corporate shareholder or proxy is to attend the meeting the appropriate ‘Certificate of Appointment of Corporate representative’ should be produced prior to admission. A form of the certificate may be obtained from the Company’s share registry at www.investorcentre.com under the tab ‘Need a printable form?’.

Lodgement

This proxy form (and any power of attorney under which it is signed) must be received at an address given below by 10:00am (Sydney time) on 23 September 2018. Any proxy form received after that time will not be valid for the scheduled meeting.

Documents may be lodged:

~~In Person~~ Tag Pacific Limited, Suite 3204, Level 32, Australia Square, 264 George Street, Sydney, Australia

~~By Mail~~ Tag Pacific Limited, GPo Box 4032, Sydney NSW 2001, Australia ~~By Fax~~ +61 2 8275 6060

~~By Email~~ info@tagpac.com

TAG PACIFIC LImITED