Investment Friends Capital SE — Proxy Solicitation & Information Statement 2020

Jan 30, 2020

AUTHORISATION DOCUMENT TO EXERCISE THE RIGHTS OF SHAREHOLDER AT THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF INVESTMENT FRIENDS CAPITAL SE

[enter the date] 2020

[enter the name of the shareholder], registry code/personal ID code/date of birth [enter the data], address [enter the data], who is represented by [enter the name/names], personal ID code/date of birth [enter the data], hereinafter referred to as the Shareholder,

authorises hereby [enter the name of the representative], personal ID code/date of birth [enter the data], hereinafter referred to as the Representative, to vote at the extraordinary general meeting of INVESTMENT FRIENDS CAPITAL SE (Estonian registry code 14618005) which will be held on 20 February 2020 and to exercise the other shareholder's rights at the extraordinary general meeting of shareholders on behalf of the Shareholder.

(In case the Shareholder gives the Representative the instructions to exercise the shareholder's rights at the extraordinary general meeting of INVESTMENT FRIENDS CAPITAL SE, please indicate which rights those are).

This authorisation document is valid only for exercising the shareholder's rights at the extraordinary general meeting of INVESTMENT FRIENDS CAPITAL SE which will be held on 20 February 2020. The representative is not entitled to delegate the authorisation.

_________________/signature

[Enter the name of the Shareholder or the legal representative of the Shareholder]