C&N Holdings Limited — Proxy Solicitation & Information Statement 2025

Jun 4, 2025

C&N Holdings Limited
春能控股有限公司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 8430)

Form of proxy for use by the shareholders of C&N Holdings Limited (the “Company”) at the annual general meeting (the “Meeting”) to be convened at No 3 Soon Lee Street, #06–03 Pioneer Junction, Singapore 627606 on Monday, 30 June 2025 at 10:30 a.m. (or any adjournment thereof).

I/We ________ (Note a)
of ________
being the registered holder(s) of (Note b) ________ ordinary shares (each a “Share”) of HK$0.2 each of the Company hereby appoint the chairman (the “Chairman”) of the Meeting or
of ________
to act as my/our proxy (Note c) at the Meeting to be held at No 3 Soon Lee Street, #06–03 Pioneer Junction, Singapore 627606 on Monday, 30 June 2025 at 10:30 a.m. or any adjournment thereof and to vote on my/our behalf as indicated below.

Please make a mark in the appropriate boxes to indicate how you wish your vote(s) to be cast (Note d).

Ordinary Resolutions		For	Against
1.	To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors (the “Directors”) and auditors of the Company for the year ended 31 December 2024.
2.	(a) To re-elect Ms. Fung Mee Kuen as executive Director;
	(b) To re-elect Ms. Li HongJing as independent non-executive Director; and
	(c) To authorise the board of Directors to fix the Directors’ remuneration.
3.	To re-appoint McMillan Woods (Hong Kong) CPA Limited, as the auditors and to authorise the board of Directors to fix its remuneration.
4.	To grant a general and unconditional mandate to the Directors to issue ordinary Shares.
5.	To grant a general and unconditional mandate to the Directors to repurchase the Company’s own Shares.
6.	To extend the Share issue mandate granted to the Directors.
7.	To approve the refreshment of the Scheme Mandate Limit of the Share Option Scheme.
8.	To approve the amendments to the Share Option Scheme.

Date this __ day __ of 2025

Shareholder’s Signature(s) _________ (Notes e, f, g and h)

Notes:
a Full name(s) and address(es) are to be inserted in BLOCK CAPITALS. The names of all joint registered holders should be stated.
b 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 in the capital of the Company registered in your name(s).
c A proxy need not be a shareholder of the Company. If you wish to appoint some person other than the Chairman of the Meeting as your proxy, please delete the words “the Chairman of the Meeting or” and insert the name and address of the person appointed proxy in the space provided.
d If you wish to vote for any of the resolutions set out above, please tick (“✓”) the boxes marked “For”. If you wish to vote against any resolutions, please tick (“✓”) the boxes marked “Against”. If this form returned is duly signed but without specific direction on any of the proposed resolutions, the proxy will vote or abstain at his/her discretion in respect of all resolutions; or if in respect of a particular proposed resolution there is no specific direction, the proxy will, in relation to that particular proposed resolution, vote or abstain at his/her discretion. A proxy will also be entitled to vote at his/her discretion on any resolution properly put to the Meeting other than those set out in the notice convening the Meeting.
e In the case of a joint holding, this form of proxy may be signed by any joint holder, but if more than one joint holder is present at the Meeting, whether in person or by proxy, that one of the joint holder whose name stands first on the register of members in respect of the relevant joint holding shall alone be entitled to vote in respect thereof.
f The form of proxy must be signed by a shareholder of the Company, or his/her attorney duly authorised in writing, or if the shareholder is a corporation, either under its common seal or under the hand of an officer or attorney so authorised.
g To be valid, this form of proxy together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority must be deposited at the Company’s branch share registrar and transfer office in Hong Kong, Union Registrars Limited, at Suites 3301–04, 33/F., Two Chinachem Exchange Square, 338 King’s Road, North Point, Hong Kong not later than 48 hours before the time of the Meeting or any adjourned meeting.
h Any alteration made to this form should be initialled by the person who signs the form.
i Completion and return of this proxy form will not preclude you from attending and voting in person at the meeting or any adjournment thereof if you so wish.

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 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 for use in connection with the Purposes 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. Request for access to 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 Union Registrars Limited at the above address or to the Company at 21st Floor, CMA Building, 64 Connaught Road Central, Hong Kong.

• For identification purposes only