Innovax Holdings Limited — Proxy Solicitation & Information Statement 2024

Oct 8, 2024

INNOVAX HOLDINGS LIMITED ��������

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2680)

FORM OF PROXY FOR EXTRAORDINARY GENERAL MEETING TO BE HELD ON WEDNESDAY, 23 OCTOBER 2024 AND AT ANY ADJOURNMENT THEREOF

I/We[(Note][1)]

of being the registered holder(s) of[(Note][2)] ordinary share(s) of Innovax Holdings Limited (the ‘‘Company’’), HEREBY APPOINT the chairman of the meeting or[(Note][3)] of as my/our proxy to attend and vote for and on my/our behalf at the Extraordinary General Meeting (the ‘‘EGM’’) of the Company and at any adjournment thereof to be held at Unit A to C, 20/F, Neich Tower, 128 Gloucester Road, Wanchai, Hong Kong on Wednesday, 23 October 2024 at 3:00 p.m. for the purposes of considering and, if thought fit, passing, the following resolutions set out in the notice convening the EGM, and to vote for me/us at the EGM and at any adjournment thereof as indicated below, and if no such indication is given, as my/our proxy thinks fit and in respect of any other business that may properly come before the EGM and/or at any adjournment thereof.

Ordinary resolution For[(Note][4)] Against[(Note][4)] 1. To approve proposed share consolidation of every ten (10) issued and unissued shares of HK$0.01 each in the share capital of the Company consolidated into one (1) share of HK$0.1 each and to authorise any one of the Directors to do all things necessary for the implementation of the aforesaid.

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

Notes:

1. Please insert full name(s) and address(es) as registered in the register of members of the Company 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) to which this form of proxy relates. 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 a proxy other than the chairman of the meeting is preferred, please cross out the words ‘‘the chairman of the meeting or’’ and insert the full name(s) and address(es) of the proxy (or proxies) desired in the space provided. If no name is inserted, the chairman of the meeting will act as your proxy. A member having more than one share of the Companyrepresent aisspecifiedentitled proportionto appoint ofmorethe thanmemberone’sproxyvotingtorights.attendAandproxyon needa poll,notvotebe ainmemberhis stead.of theWhereCompany.more than one proxy is appointed, each proxy must be appointed to

4. IMPORTANT:AGAINST THEIFRESOLUTION,YOU WISH TOPLEASEVOTETICKFOR(‘‘THE✓’’) INRESOLUTION,THE RELEVANTPLEASEBOXTICKMARKED(‘‘✓’’‘‘) AGAINSTIN THE ’’RELEVANT. Failure to completeBOX MARKEDeither box‘‘FORwill ’’entitle. IF YOUyour proxyWISH toTOcastVOTEyour vote or abstain at his/her discretion. Your proxy (or proxies) will also be entitled to vote his/her discretion on any resolution properly put to the meeting other than those referred to in the notice of EGM.

5. This form of proxy must be signed by you or your attorney duly authorised in writing or, in case of a corporation, must be either given under its common seal, or signed on its behalf by an attorney or a duly authorised officer of the corporation. In the case of this form of proxy purporting to be signed on behalf of a corporation by an officer thereof it shall be assumed, unless the contrary appears, that such officer was duly authorised to sign this form on behalf of the corporation without further evidence of the fact.

6. In the case of joint registered holders of any shares in the Company, any one of such persons may vote at the meeting, either personally or by proxy, in respect of such shares as if he were solely entitled thereto; but if more than one of such joint holders are present at the EGM personally or by proxy, that one so present whose name stands first in the register of members of the Company in respect of such shares shall alone be entitled to vote in respect thereof.

7. InthatServicesorderpowertoLimitedbeof valid,attorneyat 17MthisorformFloor,otherofHopewellauthority,proxy, togetherCentre,shall bewith183depositedQueenthe power’s atRoadoftheattorneyEast,CompanyWanchai,or ’ins HongHongHongKongKongKongotherbranchnot authoritylesssharethanregistrar(if48 any),hoursandunder(i.e.transferMonday,whichoffice,it 21is signedOctoberComputershareor2024a notariallyat 3:00Hongcertifiedp.m.)KongbeforeInvestorcopytheof time appointed for the holding of the meeting or adjourned meeting at which it is to be used.

8. ANY ALTERATION MADE TO THIS FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT. 9. Completion and delivery of this form of proxy will not preclude you from attending and voting at the EGM and any adjournment thereof if you so wish, and if such event, this form of proxy will be deemed to be revoked.

9. The full text of resolutions is set out in the notice of EGM dated 8 October 2024. 11. The Company reserves its right to treat any form of proxy which have been incorrectly completed in some planner as valid of such incorrectness is considered by the Company, as its absolute discretion, not material.

10. You or your proxy should produce proof of identity when attending the EGM. If you as a corporate Shareholder appoints a representative to attend the EGM, such representative should produce proof of identity and a copy of the resolution of the board of directors or other governing body of your corporation appointing such representative to attend the EGM.

This Form of Proxy is made in English and Chinese. In case of inconsistency, the English version shall prevail.

PERSONAL INFORMATION COLLECTION STATEMENT

• (i) ‘‘Personal Data’’ in this form of proxy has the same meaning as ‘‘personal data’’ in the Personal Data (Privacy) Ordinance (Chapter 486 of the Laws of Hong Kong, ‘‘PDPO’’). (ii) The supply of your/your proxy’s Personal Data is on a voluntary basis. Failure to provide sufficient/accurate information, however, may render the Company not able to process your instructions and/or requests as stated in this form of proxy.

• (iii) Your/your proxy’s Personal Data may be disclosed or transferred to entities and/or bodies other than the Company or its share registrar for the stated purposes, or when it is required by law, and will be retained for such period as may be necessary for verification and record purposes.

• (iv) By providing your proxy’s Personal Data in this form of proxy, you should have obtained the express consent (which has not been withdrawn in writing) from your proxy in using his/her Personal Data provided in this form of proxy and that you have informed your proxy of the purposes for and the manner in which his/her Personal Data may be used.

• (v) InvestorsuchYou/yourrequestServicesproxyfor have/hasaccessLimitedtotheatand/or17MrightcorrectionFloor,to requestHopewellofaccessyour/yourCentre,to and/orproxy183 correctionQueen’s Personal’s RoadofDatayour/yourEast,shouldWanchai,proxybe made’Hongs Personalin Kong.writingDatatorespectivelythe PersonalinDataaccordancePrivacy withOfficerthe ofprovisionsComputershareof the PDPO.Hong KongAny