Huayu Expressway Group Limited — Proxy Solicitation & Information Statement 2022

Apr 7, 2022

HUAYU EXPRESSWAY GROUP LIMITED 華昱高速集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1823)

Proxy Form for the annual general meeting (the ‘‘Meeting’’) to be held on 9 June 2022 (or any adjournment thereof)

I/We[(Note][1)]

of being the registered holder(s) of share(s)[(Note][2)] (the ‘‘Shares’’) of HK$0.01 each in Huayu Expressway Group Limited (the ‘‘Company’’), hereby appoint the Chairman of the Meeting or of

to act as my/our proxy[(Note][3)] to attend and vote for me/us and on my/our behalf at the Meeting to be held at Unit 1205, 12/F, Tower 1, Lippo Centre, 89 Queensway, Hong Kong on 9 June 2022 at 11:00 a.m., or any adjournment thereof, for the purpose of considering and, if thought fit, the proposed resolutions as set out in the notice convening the Meeting as hereunder indicated, and if no such indication is given, as my/our proxy thinks fit and on any other resolution properly put to the Meeting.

• ORDINARY RESOLUTIONS FOR[(Note][4)] AGAINST[(Note][4)]

• 1. To receive and consider the audited financial statements and the reports of the directors (the ‘‘Directors’’) and the auditors (the ‘‘Auditors’’) of the Company for the year ended 31 December 2021.

• 2(A). (i) To re-elect Mr. Chan Yeung Nam as executive Director. (ii) To re-elect Mr. Sun Xiao Nian as independent non-executive Director.

• (iii) To re-elect Ms. Liu Bao Hua as executive Director.

• 2(B). To authorise the board of Directors (the ‘‘Board’’) to fix the remuneration of the Directors.

• 1. To re-appoint the Auditors and to authorise the Board to fix their remuneration.
• 1. To grant a general mandate to the Directors to repurchase the Shares. 5. To grant a general mandate to the Directors to allot, issue and deal with the Shares.
• 1. To extend the general mandate granted to the Directors to issue Shares under resolution number 5 by the number of Shares repurchased.

Dated the 2022 Signature(s)[(Notes][5,6,7,8][and][9)]

Notes:

1. Full name(s) and address(es) are to be inserted in BLOCK CAPITALS. The names of all joint registered holders should be stated.

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 in the capital of the Company registered in your name(s).

3. pleaseA proxydeleteneedthenotwordsbe a member‘‘the Chairmanof the ofCompany.the MeetingIf youor’’wishand toinsertappointthe namesome andpersonaddressotherofthanthe thepersonChairmanappointedof theas yourMeetingproxyas inyourtheproxy,space provided.

1. resolutions,If you wish pleaseto votetickfor(‘‘any✓’’)ofthetheboxesresolutionsmarkedset‘‘Againstout above,’’. If pleasethe formtickreturned(‘‘✓’’) isthedulyboxessignedmarkedbut ‘‘withoutFor’’. Ifspecificyou wishdirectionto voteonagainstany of anythe proposed resolutions, the proxy will vote or abstain at his 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 discretion. A proxy will also be entitled to vote at his discretion on any resolution properly put to the Meeting other than those set out in the notice convening the Meeting.

1. 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 holders 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.

2. The form of proxy must be signed by a shareholder of the Company, or his attorney duly authorised in writing, or if the shareholder of the Company is a corporation, either under its Common Seal or under the hand of an officer or attorney so authorised.

3. Limited,copyTo beofvalid,suchat Levelthispowerform54,orHopewellofauthorityproxy togetherCentre,must bewith183depositedQueenany power’ats RoadtheofofficeattorneyEast,ofHongtheor otherCompanyKongauthoritynot’s laterHong(ifthanKongany)48underbranchhourswhichsharebeforeitregistrar,isthesignedtimeTricororof athenotariallyInvestorMeetingServicescertifiedor any adjourned meeting.

4. Any alteration made to this form should be initialled by the person who signs the form.

5. Completion and return of this form of proxy will not preclude you from attending and voting in person at the Meeting or any adjournment thereof if you so wish.