Magnus Concordia Group Limited — Proxy Solicitation & Information Statement 2016

Apr 21, 2016

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YUE YUEN INDUSTRIAL (HOLDINGS) LIMITED 裕元工業（集團）有限公司[*]

(Incorporated in Bermuda with limited liability) (Stock Code: 00551)

FORM OF PROXY FOR ANNUAL GENERAL MEETING (OR ANY ADJOURNMENT THEREOF)

Number of shares to which this proxy form relates[1]

I/We[2]

of

being the registered holder(s) of ordinary shares of HK$0.25 each in the abovenamed company (the “Company”) HEREBY APPOINT[3] the Chairman of the meeting, or

of

as my/our proxy to attend and vote for me/us and on my/our behalf at the said meeting of the Company to be held at Orchid Room, Level 4, Marco Polo Hongkong Hotel, 3 Canton Road, Tsimshatsui, Kowloon, Hong Kong on May 27, 2016, Friday at 2:00 p.m. (or at any adjournment thereof) in respect of the resolutions set out in the notice convening the said meeting as hereunder indicated, and, if no such indication is given, as my/our proxy thinks fit.

ORDINARY RESOLUTIONS	FOR4	AGAINST4
1.To receive and consider the audited financial statements and the reports of the directors andauditors for theyear ended December 31, 2015.
2.To declare a final dividend of HK$0.80per share for theyear ended December 31, 2015.
3.(i)To re-elect Lee Shao Wu as an executive director.(ii)To re-elect Tsai Ming-Lun, Ming as an executive director.(iii)To re-elect Liu George Hong-Chih as an executive director.(iv)To re-elect Leung Yee Sik as an independent non-executive director.(v)To re-elect Huang Ming Fu as an independent non-executive director.(vi)To authorize the board of directors to fix the remuneration of the directors.
4.To re-appoint auditors and to authorize the board of directors to fix their remuneration.
5.A.To grant a general mandate to the directors to issue, allot and deal with additional shares notexceeding 10% of the number of the shares of the Company in issue as at the date of passingthis resolution.B.To grant a general mandate to the directors to repurchase the Company’s own shares notexceeding 10% of the number of the shares of the Company in issue as at the date of passingthis resolution.C.To extend the general mandate to issue, allot and deal with additional shares of the Companyunder resolution number 5A to include the number of shares repurchased pursuant to thegeneral mandate to repurchase shares under resolution number 5B.

Dated this

day of

Signature(s)[5]

Notes:

1. Please insert the number of shares registered in your name(s) to which this proxy relates. 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).

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

3. If any proxy other than the Chairman of the meeting is preferred, delete the words “the Chairman of the meeting,” and insert the name and address of the proxy desired in the space provided. 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 ANY RESOLUTION, TICK ( ✓ ) IN THE BOX MARKED “FOR”. IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, TICK ( ✓ )IN THE BOX MARKED “AGAINST” . Failure to tick a box will entitle your proxy to cast your vote 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 authorized in writing or, in the case of a corporation, must either be executed under its seal or under the hand of an officer or attorney or other person duly authorized to sign the same.

6. 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 of such power or authority, must be deposited at the Company’s branch share registrar in Hong Kong, Tricor Secretaries Limited at Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong, not less than 48 hours before the time for holding the meeting or adjourned meeting (as the case may be).

7. In the case of joint holders of a share if more than one of such joint holder be present at any 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, and for this purpose, seniority shall be determined by the order in which the names stand in the register in respect of the joint holding.

8. The proxy need not be a member of the Company but must attend the meeting in person to represent you.

9. Completion and return of the form of proxy shall not preclude a shareholder of the Company from attending and voting in person at the meeting and, in such event, the instrument appointing a proxy shall be deemed to be revoked.

• For identification purpose only