Scholar Education Group — Share Issue/Capital Change 2019

Jun 12, 2019

Please use this form if you are an Eligible Employee of Scholar Education Group or any of its subsidiaries 如 閣下為思考樂教育集團或其任何附屬公司的合資格僱員，請使用本表格

This Application Form uses the same terms as defined in the prospectus of Scholar Education Group (the “ Company ”) dated 12 June 2019 (the “ Prospectus ”). 本申請表格使用思考樂教育集團（「 本公司 」）於二零一九年六月十二日刊發的招股章程（「 招股章程 」）所界定的相同詞語。 Staple your Neither this Application Form nor the Prospectus constitutes an offer to sell or the solicitation of an offer to buy any Offer Shares in payment here any jurisdiction other than Hong Kong. The Offer Shares may not be offered or sold in the United States without registration or an exemption from registration under the U.S. Securities Act. 請將股款 本申請表格及招股章程概不構成在香港以外任何司法權區要約出售或游說購買任何發售股份。若無根據美國證券法登記或 豁免登記，則發售股份不得在美國提呈發售或出售。 緊釘在此

This Application Form and the Prospectus may not be forwarded or distributed or reproduced (in whole or in part) in any manner whatsoever in any jurisdiction where such forwarding, distribution or reproduction is not permitted under the law of that jurisdiction. 在任何根據當地法例不得發送、派發或複製本申請表格及招股章程的司法權區內，概不得發送或派發或複製（不論以任何方 式，亦不論全部或部分）本申請表格及招股章程。

Copies of the Prospectus, all related Application Forms and the other documents specified in the paragraph headed “Documents delivered to the Registrar of Companies and Available for Inspection” in Appendix VI to the Prospectus have been registered by the Registrar of Companies in Hong Kong as required by Section 342C of the Companies (Winding up and Miscellaneous Provisions) Ordinance (Chapter 32 of the Laws of Hong Kong). Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”), Hong Kong Securities Clearing Company Limited (“ HKSCC ”), the Securities and Futures Commission of Hong Kong (the “ SFC ”) and the Registrar of Companies of Hong Kong take no responsibility for the contents of these documents.

招股章程、所有相關申請表格及招股章程附錄六「送呈公司註冊處處長及備查文件」一段所述的其他文件之副本已遵照香港 法例第32章《公司（清盤及雜項條文）條例》第342C條的規定送呈香港公司註冊處處長登記。香港交易及結算所有限公司、 香港聯合交易所有限公司（「 聯交所 」）、香港中央結算有限公司（「 香港結算 」）、香港證券及期貨事務監察委員會（「 證監會 」） 及香港公司註冊處處長對此等文件的內容概不負責。

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Scholar Education Group 思考樂教育集團 (Incorporated in the Cayman Islands with limited liability) （在開曼群島註冊成立的有限公司） Number of Offer Shares under the Global Offering : 124,900,000 Shares (subject to the Over-allotment Option) 全球發售項下發售股份數目 : 124,900,000股股份（可能因超額配股權行使而更改） Number of Hong Kong Offer Shares : 12,490,000 Shares (including 1,249,000 Employee Reserved Shares, subject to adjustment) 香港發售股份數目 : 12,490,000股股份（包括1,249,000股僱員預留股份，可予調整） Number of International Placing Shares : 112,410,000 Shares (subject to the Over-allotment Option and adjustment) 國際配售股份數目 : 112,410,000股股份（可能因超額配股權行使而更改及可予調整） Stock code : 1769 股份代號 : 1769 Offer Price : HK$3.64 to HK$4.68 per Offer Share, plus brokerage of 1%, SFC (subject to a Downward Offer Price Adjustment) transaction levy of 0.0027%, and Stock Exchange trading fee of 0.005% (payable in full on application in Hong Kong dollars and subject to refund) (If the Offer Price is set at 10% below the bottom end of the indicative Offer Price range after making a Downward Offer Price Adjustment, the Offer Price will be HK$3.28 per Offer Share) 發售價 : 每股發售股份3.64港元至4.68港元，另加1%經紀佣金、0.0027%證監 （可下調發售價） 會交易徵費及 0.005% 聯交所交易費（須於申請時以港元繳足，多繳 股款可予退還）

（倘下調發售價後，發售價定為較指示性發售價範圍下限低 10%， 發售價將為每股發售股份3.28港元）

For Eligible Employees, applications will be accepted until 12:00 noon on Saturday, 15 June 2019. You should read this Application Form in conjunction with the Prospectus, which contains further information on the application procedures. ， 一 。 就 ~~合~~ 資格僱員而言 截止接受認購申請時間為二零 九年六月十五日（星期六）中午十二時正 ， 一 。 招股章程尚有關於申請程序的其他資料 本申請表格應與招股章程 併閱讀

Application Form 申請表格

To: Scholar Education Group The Sole Sponsor The Joint Global Coordinators The Joint Bookrunners The Joint Lead Managers The Hong Kong Underwriters

Applicant’s declaration

I agree to the terms and conditions and application procedures in this Application Form and the Prospectus. Please refer to the “Effect of completing and submitting this Application Form” section of this Application Form.

致：思考樂教育集團 獨家保薦人 聯席全球協調人 聯席賬簿管理人 聯席牽頭經辦人 香港包銷商

申請人聲明

本人同意本申請表格及招股章程的條款及條件以及申請程序。 請參閱本申請表格「填寫及遞交本申請表格的效用」一節。

Warning: Only one application may be made for the benefit of any person. Please refer to the last two bullets of “Effect of completing and submitting this Application Form” section.

警告：任何人士只限作出一次為其利益而提出的認購申請。請

參閱「填寫及遞交本申請表格的效用」一節最後兩點。

Please use this form if you are an Eligible Employee of Scholar Education Group or any of its subsidiaries 如 閣下為思考樂教育集團或其任何附屬公司的合資格僱員，請使用本表格

Signed by the applicant: 由申請人簽署：

Cheque/banker’s cashier order number 支票╱銀行本票號碼

............................................................................................................

Date: 日期： ..................../ .............../ ...............

D日 M 月 Y年

Number of Employee Reserved Shares applied for (not more than 1,249,000 shares — please see section overleaf headed “How to make your application”)

Name of bank on which cheque/Banker’s cashier order is drawn (see “How to make your application” section) 兌現支票╱銀行本票的銀行名稱（見「申請手續」一節）

申請僱員預留股份數目（不超過 1,249,000 股股份，請參閱背頁 「申請手續」一節）

Total amount 總額

HK$ 港元

Name in English (in BLOCK letters) 英文姓名╱名稱（ 正楷 ）

Family name 姓氏 Forename(s) 名字

Name in Chinese 中文姓名╱名稱

Family name 姓氏 Forename(s) 名字 Position in the Company or any of its subsidiaries in English Hong Kong Identity Card No./Passport No. (Please delete as 於本公司或其任何附屬公司的職位（以英文填寫） appropriate) 香港身份證號碼╱護照號碼 （請刪除不適用者）

Hong Kong address in English (in BLOCK letters) and telephone no. 香港地址（以英文 正楷 填寫）及電話號碼

Telephone No. 電話號碼

Please see the sections overleaf headed “If your application for Employee Reserved Shares is successful (in whole or in part)” and “Refund of your application monies” for details of when, where and how to collect your share certificate (where applicable) and/or refund cheque (if any). 有關領取股票（如適用）及╱或退款支票（如有）的時間、地點及手續詳情，請參閱背頁「如 閣下成功申請認購僱員預留股份（全部或部分）」 及「退回申請股款」兩節。

• (1) To be completed by an individual applicant who is an Eligible Employee only. You must provide your Hong Kong Identity Card number or passport number. Your Hong Kong Identity Card number/passport number will be transferred to a third party for checking the Application Form’s validity. 只限為合資格僱員之個人申請人填寫。 閣下須填寫香港身份證號碼或護照號碼。 閣下的香港身份證號碼╱護照號碼將轉交第三方以 核實申請表格是否有效。 (2) Part of the Hong Kong Identity Card number/passport number of you may be printed on your refund cheque (if any). Your banker may require verification of your Hong Kong Identity Card number/passport number before you can cash your refund cheque. 退款支票（如有）上會印有 閣下的香港身份證號碼╱護照號碼的一部分。銀行兌現退款支票前或會要求查證 閣下的香港身份證號 碼╱護照號碼。

ADDRESS LABEL 地址標貼

(Please repeat your name(s) and address in Hong Kong in BLOCK letters 請用 正楷 再次填寫姓名╱名稱及香港地址）

Name 姓名╱名稱

Address 地址

For Company use 此欄供公司使用

For Bank use 此欄供銀行使用

This page is intentionally left blank 此乃白頁 特意留空

Please use this form if you are an Eligible Employee of Scholar Education Group or any of its subsidiaries

How to make your application

1. Use the table below to calculate how much you must pay. Your application must be for a minimum of 1,000

Employee Reserved Shares and in one of the numbers set out in the table, or your application will be rejected.

How to make your application 1. Use the table below to calculate how much you must pay. Your application must be for a minimum of 1,000 Employee Reserved Shares and in one of the numbers set out in the table, or your application will be rejected.	How to make your application 1. Use the table below to calculate how much you must pay. Your application must be for a minimum of 1,000 Employee Reserved Shares and in one of the numbers set out in the table, or your application will be rejected.	How to make your application 1. Use the table below to calculate how much you must pay. Your application must be for a minimum of 1,000 Employee Reserved Shares and in one of the numbers set out in the table, or your application will be rejected.
NUMBER OF SHARES THAT MAY BE APPLIED FOR AND PAYMENTS
No. of Employee Reserved Shares applied for Amount payable on application (HK$)	No. of Employee Reserved Shares applied for Amount payable on application (HK$)	No. of Employee Reserved Shares applied for Amount payable on application (HK$)
1,000 4,727.16 2,000 9,454.32 3,000 14,181.48 4,000 18,908.65 5,000 23,635.80 6,000 28,362.96 7,000 33,090.12 8,000 37,817.28 9,000 42,544.45 10,000 47,271.60 15,000 70,907.41 20,000 94,543.21 25,000 118,179.01 30,000 141,814.81	35,000 165,450.61 40,000 189,086.41 45,000 212,722.22 50,000 236,358.02 60,000 283,629.62 70,000 330,901.23 80,000 378,172.83 90,000 425,444.43 100,000 472,716.04 150,000 709,074.05 200,000 945,432.07 250,000 1,181,790.09 300,000 1,418,148.11 350,000 1,654,506.13	400,000 1,890,864.14 450,000 2,127,222.16 500,000 2,363,580.18 550,000 2,599,938.20 600,000 2,836,296.22 650,000 3,072,654.23 700,000 3,309,012.25 750,000 3,545,370.27 800,000 3,781,728.29 850,000 4,018,086.31 900,000 4,254,444.32 950,000 4,490,802.34 1,000,000 4,727,160.36 1,249,000(1) 5,904,223.29 樣版

(1) Maximum number of Employee Reserved Shares you may apply for.

1. Complete the form in English (in BLOCK letters) and sign it. Only written signatures will be accepted (and not by way of personal chop).

2. Staple your cheque or banker’s cashier order to the form. Each application for the Employee Reserved Shares must be accompanied by either one separate cheque or one separate banker’s cashier order. Your application will be rejected if your cheque or banker’s cashier order does not meet all the following requirements:

The cheque must:	Banker’s cashier order must:
• be in Hong Kong dollars; • not be post-dated; • be made payable to “BANK OF CHINA (HONG KONG) NOMINEES LIMITED — SCHOLAR EDUCATION PUBLIC OFFER”; • be crossed “Account Payee Only”; Sa
• be drawn on your Hong Kong dollar bank account in Hong Kong; and • show your account name, which must either be pre- printed on the cheque, or be endorsed on the back by a person authorised by the bank. This account name must correspond with your name.	• be issued by a licensed bank in Hong Kong, and have your name certified on the back by a person authorised by the bank. The name on the banker’s cashier order must correspond with your name.

Please use this form if you are an Eligible Employee of Scholar Education Group or any of its subsidiaries

1. Tear off the Application Form, fold it once and return your completed Application Form (with cheque or banker’s cashier order attached) to the principal place of business of the Company at Unit 02, 3/F, Austin Plaza, No.83 Austin Road, Kowloon, Hong Kong, by 12:00 noon on Saturday, 15 June 2019.

2. Your Application Form can be lodged at these times:

— Wednesday, 12 June 2019 9:00 a.m. to 5:00 p.m. Thursday, 13 June 2019 — 9:00 a.m. to 5:00 p.m. — Friday, 14 June 2019 9:00 a.m. to 5:00 p.m. Saturday, 15 June 2019 — 9:00 a.m. to 12:00 noon

1. The latest time for lodging your application is 12:00 noon on Saturday, 15 June 2019. The application lists will be open between 11:45 a.m. and 12:00 noon on Monday, 17 June 2019, subject only to the weather conditions, as described in “10. Effect of Bad Weather on the Opening of the Application Lists” in the “How to Apply for the Hong Kong Offer Shares and Employee Reserved Shares” section in the Prospectus.

如 閣下為思考樂教育集團或其任何附屬公司的合資格僱員，請使用本表格

申請手續

1. 使用下表計算 閣下應付的款項。 閣下申請認購的股數須至少為1,000股僱員預留股份，並為下表所 列的其中一個數目，否則恕不受理。

可供申請認購股份數目及應繳款項
申請認購的 僱員預留 股份數目 申請時 應繳款項 （港元）	申請認購的 僱員預留 股份數目 申請時 應繳款項 （港元）	申請認購的 僱員預留 股份數目 申請時 應繳款項 （港元）
1,000 4,727.16 2,000 9,454.32 3,000 14,181.48 4,000 18,908.65 5,000 23,635.80 6,000 28,362.96 7,000 33,090.12 8,000 37,817.28 9,000 42,544.45 10,000 47,271.60 15,000 70,907.41 20,000 94,543.21 25,000 118,179.01 30,000 141,814.81	35,000 165,450.61 40,000 189,086.41 45,000 212,722.22 50,000 236,358.02 60,000 283,629.62 70,000 330,901.23 80,000 378,172.83 90,000 425,444.43 100,000 472,716.04 150,000 709,074.05 200,000 945,432.07 250,000 1,181,790.09 300,000 1,418,148.11 350,000 1,654,506.13	400,000 1,890,864.14 450,000 2,127,222.16 500,000 2,363,580.18 550,000 2,599,938.20 600,000 2,836,296.22 650,000 3,072,654.23 700,000 3,309,012.25 750,000 3,545,370.27 800,000 3,781,728.29 850,000 4,018,086.31 900,000 4,254,444.32 950,000 4,490,802.34 1,000,000 4,727,160.36 1,249,000(1) 5,904,223.29 樣版

(1) 閣下可申請認購的僱員預留股份最高數目。

1. 以英文正楷填妥及簽署表格。只接納親筆簽名（不得以個人印章代替）。

2. 閣下須將支票或銀行本票釘於表格上。每份僱員預留股份申請須附有一張獨立開出支票或一張獨立開 出銀行本票。 閣下的支票或銀行本票必須符合以下所有規定，否則認購申請不獲接納：

支票必須： 銀行本票必須：

• ‧ 以港元開出；

• ‧ 不得為期票；

‧ 註明抬頭人為「 中國銀行（香港）代理人有限公司 — 思考樂教育公開發售 」； ‧ 劃線註明「只准入抬頭人賬戶」； ‧ ‧ 從 閣下在香港的港元銀行賬戶中開出；及 須由香港持牌銀行開出，並由有關銀行授權的 ‧ 顯示 閣下的賬戶名稱，而該賬戶名稱必須已 人士在銀行本票背面簽署核證 閣下姓名╱ 預印在支票上，或由有關銀行授權的人士在支 名稱。銀行本票所示姓名╱名稱須與 閣下姓 票背書。賬戶名稱必須與 閣下姓名╱名稱相 名╱名稱相同。 同。

如 閣下為思考樂教育集團或其任何附屬公司的合資格僱員，請使用本表格

1. 請撕下申請表格，對摺一次，然後將填妥的申請表 格（連同隨附支票或銀行本票）於二零一九年六月 十五日（星期六）中午 12 時正前遞交至本公司主要營業地點（地址為香港九龍柯士甸道83 號柯士甸廣場 3樓02室）。

2. 閣下可於下列時間遞交申請表格：

— 二零一九年六月十二日（星期三） 上午九時正至下午五時正 二零一九年六月十三日（星期四）— 上午九時正至下午五時正 二零一九年六月十四日（星期五）— 上午九時正至下午五時正 — 二零一九年六月十五日（星期六） 上午九時正至中午十二時正 閣下遞交申請的最後時間為二零一九年六月十五日（星期六）中午12 時正。本公司將於二零一九年六月 十七日（星期一）上午 11 時 45 分至中午 12 時正期間登記認購申請，惟須視乎當日的天氣情況（詳見招 股章程「如何申請香港發售股份及僱員預留股份」一節「10. 惡劣天氣對開始辦理申請登記的影響」）。

Please use this form if you are an Eligible Employee of Scholar Education Group or any of its subsidiaries

Scholar Education Group 思考樂教育集團

(Incorporated in the Cayman Islands with limited liability)

GLOBAL OFFERING

Conditions of your application

A. Who can apply

1. You must be 18 years of age or older and must have a Hong Kong address.

2. You must be an Eligible Employee of the Group and satisfy other criteria as set out in this Application Form.

3. You must apply as an individual. Joint applications will not be accepted.

4. Unless permitted by the Listing Rules, you cannot apply for any Employee Reserved Shares if you:

   • are an existing beneficial owner of Shares in the Company and/or any of its subsidiaries;

   • are a Director or chief executive officer of the Company and/or any of its subsidiaries;

   • are a connected person of the Company or will become a connected person of the Company immediately upon completion of the Global Offering;

   • are an associate of any of the above;

   • are a United States person (as defined in Regulation S under the US Securities Act), or a legal or natural person of the PRC (except those who have complied with all relevant PRC laws and regulations in relation to such application);

   • are a person within the United States; or

   • have been allocated or have applied for any International Placing Shares or otherwise participate in the International Placing.

5. B. Lodge only one application for your benefit Multiple applications or suspected multiple applications are liable to be rejected. All of your applications are liable to be rejected as multiple applications if you make more than one application for Employee Reserved Shares. Eligible Employees who have applied for Employee Reserved Shares on a PINK Application Form may also make an application for Hong Kong Offer Shares under the Hong Kong Public Offering on a WHITE or YELLOW Application Form, or give electronic application instruction to HKSCC via CCASS or the designated White Form eIPO Service Provider through the White Form eIPO service ( www.eipo.com.hk ). Eligible Employees will receive no preference as to entitlement or allocation in respect of such further application for Hong Kong Offer Shares.

6. C. Allocation of Employee Reserved Shares Of the 12,490,000 Hong Kong Offer Shares available under the Hong Kong Public Offering, up to a maximum of 1,249,000 Employee Reserved Shares will be available for subscription by Eligible Employees on a preferential basis using PINK Application Forms under the Employee Preferential Offering. Eligible Employees applying for Employee Reserved Shares will be subject to an allocation basis that is pro rata to the level of valid applications received from Eligible Employees (as nearly as possible without involving fraction of a board lot) if there are insufficient Employee Reserved Shares available to PINK application form applicants. Allocation of Employee Reserved Shares under the Employee Preferential Offer will be based on the allocation guidelines contained in Practice Note 20 to the Listing Rules. Under the allocation guidelines, the allocation will be made on a pro rata basis in an equitable

manner based solely on the level of valid applications received from Eligible Employees. The allocation will not be based on the seniority, identity, work performance or the length of service. No favour will be given to the Eligible Employees who apply for a large number of Employee Reserved Shares. In case not all the 1,249,000 Employee Reserved Shares are subscribed for by the Eligible Employees, the undersubscribed Employee Reserved Shares will be available as Hong Kong Offer Shares for subscription by the public under the Hong Kong Public Offering.

D. Supplemental information If any supplement to the Prospectus is issued, applicant(s) who have already submitted an application may or may not (depending on the information contained in the supplement) be notified that they can withdraw their applications. If applicant(s) has/have not been so notified or if applicant(s) has/have been notified but has/have not withdrawn their applications in accordance with the procedure to be notified, all applications that have been submitted remain valid and may be accepted. Subject to the above, an application once made is irrevocable and applicants shall be deemed to have applied on the basis of the Prospectus as supplemented.

E. Effect of completing and submitting this Application Form By completing and submitting this Application Form, you:

• warrant that you are an Eligible Employee;

• •

• undertake to execute all relevant documents and instruct and authorise the Company and/or the Joint Global Coordinators (or their agents or nominees), as agents of the Company, to execute any documents for you and to do on your behalf all things necessary to register any Employee Reserved Shares allocated to you in your name as required by the Articles of Association;

• agree to comply with the Cayman Islands Companies Law, the Companies Ordinance (Cap. 622), the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32), and the Articles of Association;

• confirm that you have read the terms and conditions and application procedures set out in the Prospectus and in this Application Form and agree to be bound by them;

• confirm that you have received and read the Prospectus and have relied only on the information and representations contained in the Prospectus in making your application and will not rely on any other information or representations, except those in any supplement to the Prospectus;

• confirm that you are aware of the restrictions on the Global Offering in the Prospectus;

• agree that none of the Company, the Sole Sponsor, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers, the Underwriters, their respective directors, officers, employees, partners, agents, advisers and any other parties involved in the Global Offering is or will be liable for any information and representations not in the Prospectus (and any supplement to it);

• undertake and confirm that you have not applied for or taken up, or indicated an interest for, and will not apply for or take up, or indicate an interest for, any International Placing Shares under the International Placing nor participated in the International Placing;

Please use this form if you are an Eligible Employee of Scholar Education Group or any of its subsidiaries

• agree to disclose to the Company, the Hong Kong Share Registrar, the receiving bank, the Sole Sponsor, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers and the Underwriters and/or their respective advisers and agents any personal data which they may require about you and the person(s) for whose benefit you have made the application;

If the Company decides to set the Offer Price after making a Downward Offer Price Adjustment (a reduction of up to 10% below the bottom end of the indicative Offer Price range), the Company will separately announce the final Offer Price no later than June 20, 2019 on the website of the Stock Exchange at www.hkexnews.hk and the Company’s website at www. skledu.com .

• if the laws of any place outside Hong Kong apply to your application, agree and warrant that you have complied with Publication of results all such laws and none of the Company, the Sole Sponsor, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers and the Underwriters nor any of their respective officers or advisers will breach any law outside Hong Kong as a result of the acceptance of your offer to purchase, or any action arising from your rights and obligations under the terms and conditions contained in the Prospectus and this Application Form;

Irrespective of whether a Downward Offer Price Adjustment is made, the Company expects to announce the final Offer Price, the level of indication of interest in the International Placing, the level of applications under the Hong Kong Public Offering and the Employee Preferential Offering and the basis of allocation of the Hong Kong Offer Shares and Employee Reserved Shares on Thursday, 20 June 2019 in South China Morning Post (in English) and Hong Kong Economic Times (in Chinese), and on the Company’s website www.skledu.com and the website of the Stock Exchange at www.hkexnews.hk . The results of allocations and the Hong Kong identity card/passport/ Hong Kong business registration numbers of successful applicants under the Hong Kong Public Offering and the Employee Preferential Offering will be available on the above websites.

• agree that once your application has been accepted, you may not rescind it because of an innocent misrepresentation;

• agree that your application will be governed by the laws of Hong Kong;

• represent, warrant and undertake that (i) you understand that the Employee Reserved Shares have not been and will not be registered under the U.S. Securities Act and (ii) you are outside the United States (as defined in Regulation S) or are a person described in paragraph (h)(3) of Rule 902 of Regulation S;

If your application for Employee Reserved Shares is successful (in whole or in part)

If you apply by PINK Application Forms, your refund cheque(s) and Share certificate(s) will be sent to the Company on Thursday, 20 June 2019 and the Company will arrange for onward transmission to you.

• warrant that the information you have provided is true and accurate;

• agree to accept the Employee Reserved Shares applied for, or any lesser number allocated to you under the application;

• authorise the Company to place your name(s) on the Company’s register of members as the holder(s) of any Employee Reserved Shares allocated to you, and the Company and/or its agents to send any share certificate(s) and/or any refund cheque(s) to you by ordinary post at your own risk to the address stated on the application;

Refund of your application monies

If you do not receive any Employee Reserved Shares or if your application is accepted only in part, the Company will refund to you your application monies, or the appropriate portion thereof, together with the related 1% brokerage, 0.0027% SFC transaction levy and 0.005% Stock Exchange trading fee, without interest. If the Offer Price is less than the maximum Offer Price, the Company will refund to you the surplus application monies together with the related 1% brokerage, 0.0027% SFC transaction levy and 0.005% Stock Exchange trading fee, without interest.

• declare and represent that this is the only application made and the only application intended by you to be made to benefit you on a PINK Application Form; and

• understand that the Company and the Joint Global Coordinators will rely on your declarations and representations in deciding whether or not to make any allotment of any of the Employee Reserved Shares to you and that you may be prosecuted for making a false declaration.

The refund procedures are stated in the “How to Apply for Hong Kong Offer Shares and Employee Reserved Shares — 14. Despatch/Collection of Share Certificates and Refund Monies” section in the Prospectus.

• F. Power of attorney If your application is made by a person under a power of attorney, the Company and the Joint Global Coordinators may accept or reject your application at their discretion and on any conditions they think fit, including evidence of the attorney’s authority.

Effect of the Information You Give to Computershare Hong Kong Investor Services Limited

Computershare Hong Kong Investor Services Limited and its related bodies’ corporate, directors, officers, employees and agents (“Representatives”) expressly disclaim and exclude to the maximum extent permitted by law any liability for any loss or damage suffered or incurred by the applicant or any other person or entity however caused relating in any way to, or connected with, any information provided by or on behalf of the applicant on or in connection with this document or any services provided hereunder, or any other written or oral communication provided by or on behalf of the applicant in connection with this document or any services provided hereunder. This includes, without limitation, any errors or omissions in such information however caused, or the Representatives or any other person or entity placing any reliance on such information or any documentation, image, recording or reproduction of such information, or its accuracy, completeness, currency or reliability.

Determination of Offer Price and allocation of Employee Reserved Shares

The Offer Price is expected to be fixed on or around Monday, 17 June 2019. Applicants are required to pay the maximum Offer Price of HK$4.68 for each Employee Reserved Share together with 1% brokerage, 0.0027% SFC transaction levy and 0.005% Stock Exchange trading fee. If the Offer Price is not agreed between the Joint Global Coordinators (for themselves and on behalf of the Underwriters) and the Company on or before Wednesday, 19 June 2019, the Global Offering will not proceed. Applications for Employee Reserved Shares will not be processed and no allotment of any Employee Reserved Shares will be made until the application lists close.

如 閣下為思考樂教育集團或其任何附屬公司的合資格僱員，請使用本表格

Scholar Education Group 思考樂教育集團 （在開曼群島註冊成立的有限公司）

全球發售

申請條件

甲. 可提出申請的人士

1. 閣下必須年滿18歲且擁有香港地址。

2. 閣下必須為本集團的 合資格僱員 及符合本申請表 格所載其他標準。

3. 閣下必須以個人身份申請。聯名申請將不獲受 理。

4. 除上市規則批准外，下列人士概不得申請認購任 何僱員預留股份：

   • 本公司及╱或其任何附屬公司股份的現有實 益擁有人；

   • 本公司及╱或其任何附屬公司董事或首席執 行官；

   • 本公司關連人士或將於緊隨全球發售完成後 成為本公司關連人士的人士；

   • 上述任何人士的聯繫人；

   • 美籍人士（定義見美國證券法S規例），或中國 法人或自然人（已遵守一切有關該申請的中國 法律及法規的人士除外）;

   • 美國境內的人士；或

   • 已獲分配或已申請認購任何國際配售股份或 以其他方式參與國際配售的人士。

5. 乙. 僅可為 閣下本身利益提交一項申請 重複申請或疑屬重複申請可予拒絕受理。如 閣下 提出超過一項僱員預留股份申請，則 閣下所有申 請將被視為重複申請而可予拒絕受理。 合資格僱員如已以 粉紅色 申請表格申請僱員預留股 份，亦可以 白色 或 黃色 申請表格或透過中央結算系 統向香港結算或透過 白表eIPO 服務( www.eipo.com. hk ) 向指定 白表 eIPO 服務供應商發出電子認購指示 申請香港公開發售項下的香港發售股份。 合資格僱員進一步申請香港發售股份時，不再獲優 先配額或分配。

丙. 僱員預留股份的分配

• 在香港公開發售提呈發售的 12,490,000 股香港發售 股份中，可供合資格僱員以 粉紅色 申請表格透過僱 員優先發售優先認購的最多為 1,249,000 股僱員預留 股份。倘僱員預留股份不足夠滿足 粉紅色 申請表格 申請者，僱員預留股份將按所接獲根據僱員優先發 售作出的有效申請水平（盡量不涉及零碎買賣單位） 按比例分配予該等申請人。僱員優先發售項下的僱 員預留股份將按上市規則第 20 項應用指引所載分配 指引分配。根據有關分配指引，將純粹根據所接獲

的合資格僱員的有效申請數目以公平方式按比例進 行分配。分配將不會以合資格僱員的職位高低、身 份、工作表現或服務年資為基準進行。申請大量僱 員預留股份的合資格僱員將不會獲得優待。 倘合資格僱員並無認購全部 1,249,000 股僱員預留股 份，則認購不足的僱員預留股份將根據香港公開發 售作為香港發售股份供公眾認購。

• 丁. 補充資料 如招股章程須刊發任何補充文件，則已提交申請的 申請人可能會或可能不會（視乎補充文件所載的資 料而定）獲通知彼等可以撤回申請。倘申請人未接 獲此項通知，或申請人已接獲通知但並未按照通知 的程序撤回彼等的申請，則所有已提交的申請仍然 有效，並可能獲受理。除上述情況外，申請一經提 交即不可撤回，而申請人應被視為已按經補充招股 章程的基準提出申請。

戊. 填寫及遞交本申請表格的效用

一經填妥及遞交本申請表格，即表示 閣下： • 保證 閣下為合資格僱員；

• 承諾簽立所有相關文件，並指示及授權本公司 及╱或作為本公司代理的聯席全球協調人（或彼 等的代理或代名人）簽立任何文件，並為按照組 織章程細則的規定將 閣下獲分配的任何僱員預 留股份以 閣下名義登記代表 閣下作出一切所 需事宜；

• 同意遵守開曼群島公司法、第 622 章公司條例、

• 第 32 章公司（清盤及雜項條文）條例及組織章程 細則；

• 確認 閣下已閱讀招股章程及本申請表格所載的 條款及條件以及申請程序，並同意受其約束；

• 確認 閣下已接獲及閱讀招股章程，並僅依賴招 股章程所載的資料及陳述提出 閣下的申請，而 並無依賴招股章程任何補充文件以外的任何其他 資料或陳述；

• 確認 閣下已知悉招股章程所載有關全球發售的 限制；

• 同意本公司、獨家保薦人、聯席全球協調人、聯 席賬簿管理人、聯席牽頭經辦人、包銷商、彼等 各自的董事、高級人員、僱員、合夥人、代理、 顧問及參與全球發售的任何其他各方均不會或將 不會對招股章程（及其任何補充文件）所載者之 外的任何資料及陳述負責；

• 承諾及確認 閣下並無申請或接納或表示有意認 購（亦不會申請或接納或表示有意認購）國際配 售的任何國際配售股份，亦無參與國際配售；

如 閣下為思考樂教育集團或其任何附屬公司的合資格僱員，請使用本表格

• 同意向本公司、香港證券登記處、收款銀行、獨 家保薦人、聯席全球協調人、聯席賬簿管理人、 聯席牽頭經辦人及包銷商及╱或彼等各自的顧問 及代理披露彼等所需有關 閣下及 閣下為其利 益提出申請的人士的任何個人資料；

倘本公司決定於下調發售價後釐定發售價（下調幅 度最多為指示性發售價範圍下限的 10%），本公司 將不遲於二零一九年六月二十日在聯交所網站 www.hkexnews.hk 及本公司網站 www.skledu.com 另行公佈最終發售價。

• 若香港境外任何地區的法例適用於 閣下的申 請，則 閣下同意及保證 閣下已遵守所有有關 法例，且本公司、獨家保薦人、聯席全球協調 人、聯席賬簿管理人、聯席牽頭經辦人及包銷商 以及彼等各自的高級人員或顧問將不會因接 納 閣下的購買要約或因 閣下於招股章程及本 申請表格所載條款及條件項下的權利與義務所引 申的任何行動而違反香港境外地區的任何法例；

公佈結果

不論是否下調發售價，本公司預期於二零一九年六 月二十日（星期四）在《南華早報》（以英文）、《香港 經濟日報》（以中文）、本公司網站 www.skledu.com 及聯交所網站 www.hkexnews.hk 公佈有關最終發售 價、國際配售的認購踴躍程度、香港公開發售及僱 員優先發售申請水平及香港發售股份及僱員預留股 份的分配基準。香港公開發售及僱員優先發售的分 配結果及獲接納申請人的香港身份證╱護照╱香港 商業登記號碼亦將於上述網站公佈。

• 同意 閣下的申請一經獲接納，即不得因無意的 失實陳述而撤銷；

• 同意 閣下的申請將受香港法例規管；

• 聲明、保證及承諾 (i) 閣下明白僱員預留股份並 無亦不會根據美國證券法登記，而 (ii) 閣下身 處美國境外（定義見 S 規例），或屬 S 規例第 902 條第 (h)(3)段所述的人士；

如 閣下成功申請認購僱員預留股份（全部或部分） 如 閣下以 粉紅色 申請表格提出申請， 閣下的退 款支票及股票將於二零一九年六月二十日（星期四） 寄予本公司且本公司將安排向 閣下轉寄。

• 保證 閣下所提供的資料真實準確；

• 同意接納所申請數目或根據申請分配予 閣下的 較少數目的僱員預留股份；

• 較少數目的僱員預留股份； 退回申請股款

• • 授權本公司將 閣下的姓名╱名稱列入本公司股 若 閣下未獲分配任何僱員預留股份或申請僅部分 東名冊，作為 閣下獲分配任何僱員預留股份的 獲接納，本公司將不計利息退還 閣下的申請股款 持有人，並授權本公司及╱或其代理將任何股票 或其適當部分連同相關的 1% 經紀佣金、0.0027% 證 及╱或任何退款支票以普通郵遞方式按申請所示 監會交易徵費及 0.005%聯交所交易費。如發售價低 地址寄予 閣下，郵誤風險概由 閣下自行承 於最高發售價，本公司將不計利息退還多收申請股 擔； 款連同相關的 1% 經紀佣金、0.0027% 證監會交易徵

• • 聲明及表示此乃 閣下為自身的利益以 粉紅色 申 費及0.005%聯交所交易費。

• 聲明及表示此乃 閣下為自身的利益以 粉紅色 申 請表格提出及擬提出的唯一申請；及

有關退款手續載於招股章程「如何申請香港發售股 — 份及僱員預留股份 14.寄發╱領取股票及退回股 款」一節。

• 明白本公司及聯席全球協調人在決定是否向 閣 下分配任何僱員預留股份時將依賴 閣下的聲明 及陳述， 閣下如作出虛假聲明，或會遭檢控。

閣下提供給香港中央證券登記有限公司的資料的有 關影響

己. 授權書

香港中央證券登記有限公司和其有關連的法人團 體、董事、高級人員、僱員及代理人（「代表」）在法 律所容許的最大限度內明確卸棄及免除在任何方面 與申請人或代表申請人在此文件提供的或與此文件 或在此文件下提供的任何服務相關的任何資料，或 任何申請人或代表申請人提供與此文件或在此文件 下提供的任何服務相關的任何其他書面或口頭通 訊，有關或相關由申請人或任何其他人士或實體所 遭受或招致不論如何造成的任何損失或損害的任何 法律責任。此包括（但不限於）該等資料中不論如何 造成的任何錯誤或遺漏，或代表或任何其他人士或 實體對該等資料或任何該等資料的文件記錄、影 像、記錄或複製品作出的任何依據，或其準確性、 完整性、合時性或可靠性。

• 如 閣下的申請由獲有授權書的人士提出，本公司 及聯席全球協調人可按其認為合適的任何條件（包 括出示授權證明）酌情接納或拒絕 閣下的申請。

釐定發售價及僱員預留股份的分配

預期發售價將於二零一九年六月十七日（星期一）或 前後釐定。申請人須繳付最高發售價每股僱員預留 股份 4.68 港元，另加 1% 經紀佣金、0.0027% 證監會 交易徵費及 0.005% 聯交所交易費。倘聯席全球協調 人（為其本身及代表包銷商）與本公司並無於二零 一九年六月十九日（星期三）或之前協定發售價，全 球發售將不會進行。截止登記認購申請前，概不處 理僱員預留股份的申請或配發任何僱員預留股份。

Please use this form if you are an Eligible Employee of Scholar Education Group or any of its subsidiaries

Personal Data

Personal Information Collection Statement

This Personal Information Collection Statement informs the applicant for, and holder of, Hong Kong Offer Shares, of the policies and practices of the Company and the Hong Kong Share Registrar in relation to personal data and the Personal Data (Privacy) Ordinance (Chapter 486 of the Laws of Hong Kong) (the “Ordinance”).

1. Reasons for the collection of your personal data It is necessary for applicants and registered holders to supply correct personal data to the Company or its agents and the Hong Kong Share Registrar when applying for securities or transferring securities into or out of their names or in procuring the services of the Hong Kong Share Registrar. Failure to supply the requested data may result in your application for securities being rejected, or in delay or the inability of the Company or the Hong Kong Share Registrar to effect transfers or otherwise render their services. It may also prevent or delay registration or transfers of the Hong Kong Offer Shares which you have successfully applied for and/or the dispatch of share certificate(s) and/or refund cheque(s) to which you are entitled.

It is important that securities holders inform the Company and the Hong Kong Share Registrar immediately of any inaccuracies in the personal data supplied.

2. Purposes

The personal data of the securities holders may be held, processed and/or stored (by whatever means) for the following purposes:

• processing your application and refund cheque, where applicable, verification of compliance with the terms a nd application procedures set out in this Application Form and the Prospectus and announcing results of allocation of the Hong Kong Offer Shares;

• compliance with applicable laws and regulations in Hong Kong and elsewhere;

• registering new issues or transfers into or out of the names of securities holders including, where applicable, HKSCC Nominees;

• maintaining or updating the register of securities holders of the Company;

• verifying securities holders’ identities;

• establishing benefit entitlements of securities holders of the Company, such as dividends, rights issues and bonus issues;

• distributing communications from the Company and its subsidiaries;

• compiling statistical information and shareholder profiles;

• disclosing relevant information to facilitate claims on entitlements; and

• any other incidental or associated purposes relating to the above and/or to enable the Company and the Hong Kong Share Registrar to discharge their obligations to securities holders

and/or regulators and/or any other purposes to which the securities holders may from time to time agree.

3. Transfer of personal data Personal data held by the Company and the Hong Kong Share Registrar relating to the securities holders will be kept confidential but the Company and the Hong Kong Share Registrar may, to the extent necessary for achieving any of the above purposes, disclose or transfer (whether within or outside Hong Kong) the personal data to any of the following:

• the Company’s appointed agents such as financial advisers, receiving bank and overseas principal share registrar;

• where applicants for securities request a deposit into CCASS, HKSCC or HKSCC Nominees, who will use the personal data for the purposes of operating CCASS;

• any agents, contractors or third-party service providers who offer administrative, telecommunications, computer, payment or other services to the Company or the Hong Kong Share Registrar in connection with their respective business operation;

• the Stock Exchange, the SFC and any other statutory regulatory or governmental bodies or otherwise as required by laws, rules or regulations; and • any persons or institutions with which the securities holders have or propose to have dealings, such as their bankers, solicitors, accountants or stockbrokers etc.

4. Retention of personal data

The Company and the Hong Kong Share Registrar will keep the personal data of the applicants and holders of securities for as long as necessary to fulfil the purposes for which the personal data were collected. Personal data which is no longer required will be destroyed or dealt with in accordance with the Ordinance.

5. Access to and correction of personal data

• Securities holders have the right to ascertain whether the Company or the Hong Kong Share Registrar hold their personal data, to obtain a copy of that data, and to correct any data that is inaccurate. The Company and the Hong Kong Share Registrar have the right to charge a reasonable fee for the processing of such requests.

• All requests for access to data or correction of data should be addressed to us, at our registered address disclosed in the “Corporate information” section of the Prospectus or as notified from time to time, for the attention of the company secretary, or our Hong Kong Share Registrar for the attention of the privacy compliance officer.

By signing an Application Form or by giving electronic application instructions to HKSCC, you agree to all of the above.

如 閣下為思考樂教育集團或其任何附屬公司的合資格僱員，請使用本表格

及╱或證券持有人不時同意的任何其他用 途。

個人資料

個人資料收集聲明

此項個人資料收集聲明是向香港發售股份的申 請人及持有人說明本公司及香港證券登記處有 關個人資料及香港法例第 486 章《個人資料（私 隱）條例》（「《條例》」）方面的政策及慣例。

3. 轉交個人資料

本公司及香港證券登記處會對所持有關證券 持有人的個人資料保密，但本公司及香港證 券登記處可在作上述任何用途屬必要之情況 下，向下列任何人士披露或轉交（不論在香港 境內或境外）有關個人資料：

1. 收集 閣下個人資料的原因 申請人及登記持有人以本身名義申請證券或 轉讓或受讓證券時或尋求香港證券登記處的 服務時，必須向本公司或其代理及香港證券 登記處提供準確個人資料。未能提供所要求 的資料可能會導致 閣下的證券申請被拒或 延遲，或本公司或香港證券登記處無法進行 過戶或以其他方式提供服務。此舉亦可能妨 礙或延遲登記或轉讓 閣下已成功申請的香 港發售股份及╱或寄發 閣下應得的股票及 ╱或退款支票。

  - 本公司委任的代理，例如財務顧問、收款 銀行及海外股份登記總處；

  - （如證券申請人要求將證券存於中央結算系 統）香港結算或香港結算代理人，彼等將會 就中央結算系統的運作使用有關個人資料；

  - 向本公司或香港證券登記處提供與其各自 業務運作有關的行政、電訊、電腦、付款 或其他服務的任何代理、承包商或第三方 服務供應商；

• 聯交所、證監會及任何其他法定監管機構

• 證券持有人所提供的個人資料如有任何錯 或政府部門或法例、規則或法規另行規定

• 誤，須立即通知本公司及香港證券登記處。 者；及

• • 證券持有人與其有業務往來或擬有業務往

• 2. 用途 來的任何人士或機構，例如彼等的銀行、

• 證券持有人的個人資料可作以下用途及以任 律師、會計師或股票經紀等。

• 何方式持有、處理及╱或保存： • 處理 閣下的申請及退款支票（如適 4. 個人資料的保留 用）、核實是否符合本申請表格及招股章 本公司及香港證券登記處將按收集個人資料

• 程載列的條款與申請手續以及公佈香港發 所需的用途保留證券申請人及持有人的個人

• 售股份的分配結果； 資料。無需保留的個人資料將會根據《條

• • 遵守香港及其他地區的適用法例及法規； 例》銷毀或處理。

• • 以證券持有人（包括香港結算代理人（如 適用））的名義登記新發行證券或轉讓或 5. 查閱和更正個人資料 證券持有人有權確定本公司或香港證券登記

• 受讓證券；

• • 存置或更新本公司的證券持有人名冊； 處是否持有其個人資料，並有權索取有關資 • 核實證券持有人身份； 料的副本及更正任何不準確資料。本公司及 • 確定本公司證券持有人的受益權利，例如 香港證券登記處有權就處理任何該等要求收 取合理費用。

• 股利、供股及紅股等；

• • 分發本公司及其附屬公司的通訊； 所有查閱資料或更正資料的要求應按招股章 • 編製統計數據及股東資料； 程「公司資料」一節所披露或不時通知的本 • 披露有關資料以便就權益提出申索；及 公司註冊地址送交公司秘書，或向本公司的

  • 所有查閱資料或更正資料的要求應按招股章 程「公司資料」一節所披露或不時通知的本 公司註冊地址送交公司秘書，或向本公司的 香港證券登記處的個人資料私隱事務主任提 出。

• 與上述者有關的任何其他附帶或相關用途 及╱或讓本公司及香港證券登記處能履行 對證券持有人及╱或監管機構承擔的責任

閣下簽署申請表格或向香港結算發出電子認購 指示，即表示同意上述各項。

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