Luxxu Group Limited — Proxy Solicitation & Information Statement 2020

Mar 10, 2020

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this notice.

Luxxu Group Limited 勵時集團有限公司

(formerly known as “Time2U International Holding Limited 時間由你國際控股有限公司”)

(incorporated in the Cayman Islands with limited liability)

(Stock code: 1327)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT the extraordinary general meeting of Luxxu Group Limited (the ‘‘Company’’) will be held at Portion 2, 12th Floor, The Center, 99 Queen’s Road Central, Hong Kong on Friday, 27 March 2020 at 11:00 a.m. for the purpose of considering and, if thought fit, passing the following resolutions of the Company:-

ORDINARY RESOLUTION

‘‘THAT subject to the Listing Committee of The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) granting approval for the listing of, and permission to deal in, the Consolidated Shares (as defined below) in issue, with effect from the second business day immediately following the day of passing of this resolution, being a day on which the shares of the Company are traded on the Stock Exchange:

• (a) every ten (10) issued and unissued shares of HK$0.01 each in the share capital of the Company be consolidated into one (1) share of HK$0.1 each (each a ‘‘Consolidated Share’’), and such Consolidated Share(s) shall rank pari passu in all respects with each other and have the rights and privileges and be subject to the restrictions in respect of ordinary shares contained in the articles of association of the Company (the ‘‘Share Consolidation’’);

• (b) all fractional Consolidated Shares resulting from the Share Consolidation will be disregarded and will not be issued to holders of the same but all such fractional Consolidated Shares will be aggregated and, if possible, sold for the benefit of the Company in such manner and on such terms as the directors (the ‘‘Directors’’) of the Company may think fit; and

• (c) the Directors be and are hereby authorised to do all such acts, deeds and things and to effect all necessary actions as they may consider necessary or desirable in order to effect, implement and complete any and all of the foregoing.’’

Yours faithfully For and on behalf of the Board of Luxxu Group Limited Yang Xi Executive Director

Hong Kong, 11 March 2020

1

Registered office: Principal place of business in Hong Kong: Cricket Square Room 17, 17/F, Block 1 Hutchins Drive Enterprise Square I P.O. Box 2681 9 Sheung Yuet Road Grand Cayman Kowloon Bay, Kowloon KY1-1111 Hong Kong Cayman Islands

As at the date of this notice, the Board comprises Mr. Sze Ching Chuen, Mr. Yang Xi and Mr. Zou Weikang as Executive Directors; and Mr. Yu Chon Man, Ms. Duan Baili and Mr. Zhong Weili as Independent Non-executive Directors.

Notes:

1. A member entitled to attend and vote at the meeting convened by the above notice is entitled to appoint one or more proxies to attend and, subject to the provisions of the articles of association of the Company, vote in his stead. A proxy need not be a member of the Company.

2. A form of proxy for use at the extraordinary general meeting is enclosed. In order to be valid, the form of proxy must be duly completed and signed in accordance with the instructions printed thereon and deposited together with a power of attorney or other authority (if any) under which it is signed or a notarially certified copy of that power or authority, at the office of the Company’s Hong Kong branch share registrar, Tricor Investor Services Limited at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong at least 48 hours before the time appointed for the holding of the extraordinary general meeting or any adjournment thereof.

3. The register of members of the Company will be closed from Tuesday, 24 March 2020 to Friday, 27 March 2020, both days inclusive, during which period no transfer of Shares will be registered. In order to be entitled to attend and vote at the Extraordinary General Meeting, all properly completed transfer forms accompanied by the relevant share certificates must be lodged with the branch share registrar and transfer office of the Company in Hong Kong, Tricor Investor Services Limited at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong no later than 4:00 p.m. on Monday, 23 March 2020.

4. In the case of joint holders of a share, any one of such joint holders may vote, either in person or by proxy, in respect of such share as if he/she were solely entitled thereto, but if more than one of such joint holders are present at the meeting, the vote of the senior who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of the other joint holders. For this purpose, seniority shall be determined by the order in which the names stand in the register of members of the Company in respect of the joint holding.

5. The Meeting is expected to last for less than half a day. Members (in person or by proxy) attending the Meeting are responsible for their own transportation and accommodation expenses. Members or their proxies attending the Meeting shall present their identity certifications.

6. If Typhoon Signal No. 8 or above, or a ‘‘black’’ rainstorm warning is in effect any time after 12:00 noon on the date of the EGM, the EGM will be postponed. The Company will make a separate announcement on this.

7. Any voting at the meeting shall be taken by poll.

8. In response to the coronavirus outbreak and in the interest of everyone’s health and safety, please note the following additional measures on 27 March 2020:

   1. Shareholders should ensure to wear masks before entering the EGM venue; and

   2. All participants (i.e. Directors, shareholders and working staffs) have to do body temperature measurement before entering the EGM venue. Anyone with body temperature higher than 38°C is not permitted to enter the EGM venue and should leave the EGM venue immediately.

2