E-Commodities Holdings Limited — Proxy Solicitation & Information Statement 2012

Apr 25, 2012

WINSWAY COKING COAL HOLDINGS LIMITED 永暉焦煤股份有限公司

(Incorporated in the British Virgin Islands with limited liability)

(Stock Code: 1733)

PROXY FORM

Form of proxy for use at the Annual General Meeting of Winsway Coking Coal Holdings Limited (the “Company”) to be held at Statue Square, 2/F, Mandarin Oriental Hong Kong, No. 5 Connaught Road, Central, Hong Kong on Monday, 11 June 2012 at 10 a.m. and at any adjournment of the meeting.

I/We, (note 1)

of

being registered holder(s) of (note 2) hereby appoint (note 3) of

, shares of no par value of the Company,

or failing him/her, the Chairman of the meeting as my/our proxy to attend and vote on my/our behalf at the Annual General Meeting of the Company to be held on Monday, 11 June 2012 at 10 a.m. for the purpose of considering and, if thought fi t, passing the resolutions as set out in the notice convening the said meeting and at such meeting (or at any adjournment thereof) to vote for me/us and on my/ our behalf in respect of the resolutions as hereunder indicated or, if no such indication is given, as my/our proxy think fi t (note 4).

Unless otherwise indicated, capitalised terms used herein shall have the same meanings as those defi ned in the Company’s circular dated 25 April 2012 (the “Circular”).

		Resolutions of Members	For	Against
1.	To	receive and consider the audited consolidated f nancial statements and the Directors’
	Report and the Independent Auditor’s Report for theyear ended 31 December 2011.
2.	To	declare a f nal dividend.
3.	(1)	To re-elect Mr. Delbert Lee Lobb,Jr. as a Director.
	(2)	To re-elect Mr. LiuQingchun as a Director.
	(3)	To re-elect Mr. Lu Chuan as a Director.
	(4)	To re-elect Mr. NgYuk Keungas a Director.
	(5)	To authorise the Board to f x the remuneration of the Directors.
4.	To	re-appoint Messrs. KPMG, Certif ed Public Accountants, as auditors of the
	Company (the “Auditors”) and to authorise the Board of Directors to f x the auditors’
	remuneration.
5.	(A)	To approve the increase of the maximum number of Shares the Company is
		authorised to issue from 4,000,000,000 Shares to 6,000,000,000 Shares and the
		corresponding amendments to the Memorandum and Articles of Association of the
		Company (details of which are set out in the Circular).
	(B)	To give a general mandate to the Directors to allot, issue and deal with additional
		shares of the Company not exceeding 20 per cent of the issued shares of the
		Companyat the date of this Resolution(the “General Mandate”).
	(C)	To give a general mandate to the Directors to repurchase shares of the Company
		not exceeding 10 per cent of the issued shares of the Company at the date of this
		Resolution(the “Repurchase Mandate”).
	(D)	Conditional upon the passing of Resolutions 5(B) and 5(C), to issue under the
		General Mandate an additional number of shares representing the number of
		shares repurchased under the Repurchase Mandate.
	(E)	To approve and adopt the Restricted Share Unit Scheme and to authorise the
		Directors to grant RSU Awards under and pursuant to the Restricted Share Unit
		Scheme.
	(F)	Conditional upon the passing of Resolution 5(E), to give a general mandate to the
		Directors to allot, issue and deal with additional shares of the Company under the
		Restricted Share Unit Scheme.

Dated:

Signature (note 5) :

Notes:

1. Please insert full name(s) and address(es) in BLOCK CAPITALS as shown in the register of members of the Company.

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 be related to all the shares of the Company registered in your name(s).

3. Please insert the name and address of the proxy. If no name is inserted, the Chairman of the meeting will act as your proxy.

4. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, TICK ( ✔ ) IN THE RELEVANT BOX BELOW THE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST A RESOLUTION, TICK ( ✔ ) IN THE RELEVANT BOX BELOW THE BOX MARKED “AGAINST”. If you do not indicate how you wish your proxy to vote, your proxy will be entitled to exercise his/her discretion or to abstain. Your proxy will also be entitled to vote at his/her discretion or to abstain on any resolution properly put to the meeting other than those referred to in the notice convening the meeting.

5. This form must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must be either executed under its common seal or under the hand of its legal representative, director(s) or duly authorised attorney(s) to it. If there are jointly registered holders, any one shareholder may sign this proxy form.

6. Where there are jointly registered holders of any share, any one of such persons may vote at the meeting, either personally or by proxy, in respect of such share as if he were solely entitled thereto; but if more than one of such joint holders be present at the meeting personally or by proxy, that one of the said persons so present whose name stands fi rst on the register of members in respect of such share shall alone be entitled to vote in respect thereof.

7. To be valid, this completed and signed proxy form and the relevant notarised power of attorney (if any) and other relevant document of authorisation (if any), must be lodged with the Company’s registrar in Hong Kong, Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong not less than 48 hours before the time appointed for the holding of the meeting or any adjournment of it (as the case may be).

8. A shareholder may appoint one or more proxies to attend the meeting and vote for him. The proxy need not be a member of the Company but must attend the meeting in person to represent you.

9. Completion and delivery of the form of proxy will not preclude you from attending and voting at the meeting if you so wish.

10. ANY ALTERATION MADE TO THIS FORM MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

11. The description of the resolution is by way of summary only. The full text appears in the notice convening the meeting, which is set out in the Company’s circular dated 25 April 2012.