Redco Properties Group Limited — Proxy Solicitation & Information Statement 2025

May 20, 2025

方高集團

REDCO GROUP

REDCO PROPERTIES GROUP LIMITED

方高地產集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1622)

Proxy form for use by shareholders at annual general meeting to be convened and held on 25 June 2025

I/We (Note 1)

of (Note 2)

being the registered holder(s) of (Note 3) _______ shares of HK$0.05 each ("Shares") in the share capital

of Redco Properties Group Limited (the "Company") hereby appoint (Note 4)

of

or failing him/her, the Chairman of the annual general meeting of the Company (the "Meeting" or "AGM"), as my/our proxy to vote for me/us and on my/our behalf at the Meeting to be convened and held at Room 908, 9/F, Gloucester Tower, The Landmark, 15 Queen's Road Central, Hong Kong at 2:00 p.m. on Wednesday, 25 June 2025. I/We direct that my/our vote(s) be cast on the specified resolution below as indicated by an “/” in the appropriate boxes. In the absence of any indication, the proxy may vote in respect of that resolution at his/her discretion.

| | Ordinary Resolutions | FOR
(Note 5) | AGAINST
(Note 5) |
| --- | --- | --- | --- |
| 1. | To receive and adopt the audited financial statements and the reports of the directors of the Company (the “Directors”) and auditors of the Company for the year ended 31 December 2024 | | |
| 2. | (a) To re-elect Mr. Huang Ruoqing as an executive Director | | |
| | (b) To re-elect Mr. Chau On Ta Yuen, SBS, BBS as an independent non-executive Director (he has served as an independent non-executive Director for over nine years) | | |
| | (c) To re-elect Mr. Yip Tai Him as an independent non-executive Director (he has served as an independent non-executive Director for over nine years) | | |
| | (d) To re-elect Ms. Fan Carol as a non-executive Director | | |
| | (e) To authorise the board of Directors (the “Board”) to fix the remuneration of the Directors | | |
| 3. | To re-appoint SFAI (HK) CPA Limited as auditors of the Company and authorise the Board to fix their remuneration | | |
| 4. | To grant a general mandate to the Directors to allot, issue and deal with additional Shares and/or to resell treasury shares of the Company (if applicable), not exceeding 20% of the number of the issued Shares (excluding treasury shares) as at the date of passing this resolution | | |
| 5. | To grant a general mandate to the Directors to buy back Shares not exceeding 10% of the number of the issued Shares (excluding treasury shares) as at the date of passing this resolution | | |
| 6. | To extend the general mandate granted to the Directors by resolution No. 4 to issue additional Shares and/or to resell treasuryshares of the Company (if applicable), representing the number of the Shares bought back pursuant to the general mandate granted by resolution No. 5 | | |

Shareholder's signature _______ (Note 6)

Date _______ 2025

Notes:

1. Please insert your name(s) in full in BLOCK CAPITALS.
2. Please insert your address in BLOCK CAPITALS.
3. 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 registered in your name(s).
4. A shareholder of the Company is entitled to appoint one or more proxies of his/her own choice. Please insert the full name(s) and address(es) of the person appointed as proxy in the space provided. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR PROXY.
5. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, PLEASE PLACE A “/” IN THE RELEVANT BOX MARKED “FOR” BESIDE THE APPROPRIATE RESOLUTION. IF YOU WISH TO VOTE AGAINST A RESOLUTION, PLEASE PLACE A “/” IN THE RELEVANT BOX MARKED “AGAINST” BESIDE THE APPROPRIATE RESOLUTION. Failure to complete the boxes will entitle your proxy to cast his vote at his discretion or to abstain from voting. 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.
6. This proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must either be executed under seal or under the hand of an officer or attorney duly authorised.
7. To be valid, this form of proxy together with any power of attorney or other authority (if any) under which it is signed or a notarially certified copy of such power or authority, shall be deposited at the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited of 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not less than 48 hours before the time appointed for holding the Meeting or the adjourned meeting (as the case may be).
8. Where there are joint registered holders of any Share, any one of such persons may vote at the Meeting, either personally or by proxy, in respect of such Share as if he were solely entitled thereto; but if more than one of such joint holders be present at any meeting personally or by proxy, that one of the said persons so present whose name stands first on the register of members of the Company in respect of such Share shall alone be entitled to vote in respect thereof.
9. The proxy need not be a shareholder of the Company.
10. Any alternations made in this form should be initialed by the person who signs it.
11. The register of members of the Company will be closed for the following periods:

For the purpose of determining shareholders of the Company who are entitled to attend and vote at the forthcoming AGM to be held on Wednesday, 25 June 2025, the register of members of the Company will be closed from Friday, 20 June 2025 to Wednesday, 25 June 2025, both days inclusive. In order to qualify for attending and voting at the AGM, all transfer documents should be lodged for registration with Company's Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not later than 4:30 p.m. on Thursday, 19 June 2025.

1. The description of the resolutions in this form of proxy is by way of summary only. The full text of the resolutions appears in the notice of the AGM.