Freetech Road Recycling Technology (Holdings) Limited — Proxy Solicitation & Information Statement 2021

Nov 26, 2021

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(incorporated in the Cayman Islands with limited liability) (stock code: 6888)

FORM OF PROXY FOR THE EXTRAORDINARY GENERAL MEETING TO BE HELD ON THURSDAY, 16 DECEMBER 2021

I/We[(Note][1)]

of

shares[(Note][2)] of HK$0.10 each in the share capital of the above-named Company,

being the registered holder(s) of shares HEREBY APPOINT THE CHAIRMAN OF THE MEETING[(Note][3)] or

of

as my/our proxy to vote and act for me/us at the extraordinary general meeting (the ‘‘Meeting’’) (and at any adjournment thereof) of the said Company to be held at Unit 5906–5912, 59/F., The Center, 99 Queen’s Road Central, Central, Hong Kong on Thursday, 16 December 2021 at 3:00 p.m. for the purposes of considering and, if thought fit, passing the resolutions as set out in the notice convening the Meeting and at such Meeting (and at any adjournment thereof) to vote for me/us and in my/our name(s) in respect of the resolutions as indicated below[(Note][4)] .

• ORDINARY RESOLUTIONS FOR AGAINST

• 1. The contract dated 15 October 2021 entered into between Freetech Ecological Technology Development (Nanjing) Co. Ltd and Tongzhou Construction General Contracting Group Co., Ltd. (通州建總集團有限公司) (a copy of which is tabled at this meeting and marked ‘‘A’’ and initialled by the chairman of this meeting for the purpose of identification) and the transactions contemplated thereunder and in connection therewith be and are hereby approved, confirmed and ratified; and
• 1. Any one director of the Company be and is hereby authorised to do all such acts and things and execute all such documents for and on behalf of the Company as he/she may consider necessary or desirable in connection with this resolution.

• The full text of the ordinary resolutions are set out in the circular of the Company dated 26 November 2021 containing the notice convening the Meeting.

Date: 2021 Signature(s)[(Note][5)]

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS.

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

3. If any proxy other than the Chairman of the Meeting is preferred, please strike out the words ‘‘THE CHAIRMAN OF THE MEETING’’ and insert the name and address of the proxy desired in the space provided. A member entitled to attend and vote at the Meeting may appoint one or more than one proxy to attend and on a poll, vote on his behalf, provided that if more than one proxy is so appointed, the appointment shall specify the number and class of shares in respect of which each such proxy is so appointed. A proxy need not be a member of the Company. In view of the outbreak of COVID-19 pandemic, you are strongly encouraged to appoint the Chairman of the EGM as proxy to attend and vote on your behalf at the EGM or any adjourned meeting. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, PLEASE TICK (‘‘P’’) THE BOX MARKED ‘‘FOR’’. IF YOU WISH TO VOTE AGAINST A RESOLUTION, PLEASE TICK (‘‘P’’) THE BOX MARKED ‘‘AGAINST’’. IF YOU WISH TO USE LESS THAN ALL YOUR VOTES, OR TO CAST SOME OF YOUR VOTES ‘‘FOR’’ AND SOME OF YOUR VOTES ‘‘AGAINST’’ A PARTICULAR RESOLUTION, YOU MUST WRITE THE NUMBER OF VOTES IN THE RELEVANT BOX(ES). If no direction is given, your proxy will vote or abstain at his discretion. Your proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than those referred to in the notice convening the Meeting.

5. This form of proxy must be signed by you or your attorney duly authorised in writing. In case of a corporation, the same must be either executed under its common seal or under the hand of an officer or attorney so authorised in writing.

6. In case of joint shareholdings, 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.

7. In order to be valid, this form of proxy together with the power of attorney or other authority (if any) under which it is signed or a certified copy thereof, must be deposited at the Company’s branch share registrar at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong not less than 48 hours before the time fixed for holding the Meeting or any adjournment thereof.

8. Completion and delivery of the form of proxy will not preclude you from attending and voting at the Meeting or any adjournment thereof if you so wish.