Vala Inc. — Proxy Solicitation & Information Statement 2020

May 11, 2020

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51 CREDIT CARD INC. 51 信用卡有限公司

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 2051)

FORM OF PROXY

For use at the extraordinary general meeting on Friday, 29 May 2020 (or any adjournment thereof)

I/We[(Note][a)] of

being the registered holder(s) of[(Note][b)] ordinary share(s) of US$0.00001 each in the capital of 51 Credit Card Inc. (the ‘‘Company’’) hereby appoint the chairman of the extraordinary general meeting (the ‘‘EGM’’) of the Company, or of

to act as my/our proxy[(Note][c)] to attend the EGM to be held at United Conference Centre, 10/F., United Centre, 95 Queensway, Admiralty, Hong Kong on Friday, 29 May 2020 at 11:15 a.m. or at any adjournment thereof and to vote on my/our behalf as directed below:

Please tick (✓) in the appropriate box below to indicate how you wish your vote(s) to be cast.

ORDINARY RESOLUTION

FOR[(Note][d)] AGAINST[(Note][d)]

1. (a) the Investment Agreement (as defined and described in the circular to the shareholders of the Company dated 11 May 2020, a copy of which has been produced to the EGM marked ‘‘A’’ and initialled by the chairman of the EGM for the purpose of identification) and the execution thereof and implementation of the transactions thereunder be and are hereby approved, ratified and confirmed; and

   • (b) any director of the Company be and is hereby authorized to sign, execute, perfect and deliver all such documents and do all such deeds, acts, matters and things as he may in his absolute discretion consider necessary or desirable for the purpose of or in connection with the implementation of the Investment Agreement and other matters contemplated thereunder or ancillary thereto, to waive compliance from and/or agree to any amendment or supplement to the Investment Agreement which in his opinion is not of a material nature and to effect or implement any other matters referred to in this resolution.’’

Date:

Signature:[(Notes][e,][f,][g][and][h)]

Notes:

• a. Full name(s) and address(es) are to be inserted in BLOCK CAPITALS. The names of all joint registered holders should be stated. b. 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 in the capital of the Company registered in your name(s).

• c. A proxy need not be a shareholder of the Company. If you wish to appoint some person other than the chairman of the EGM as your proxy, please delete the words ‘‘the chairman of the extraordinary general meeting (the ‘‘EGM’’) of the Company, or’’ and insert the name and address of the person appointed as your proxy in the space provided.

• d. Please indicate with a tick (✓) in the relevant box the way you wish your vote to be cast. If this form of proxy when returned is duly signed but without specific direction on the proposed resolution, the proxy will vote or abstain at his/her discretion in respect of the proposed resolution. A proxy will also be entitled to vote or abstain at his/her discretion on any amendment of a resolution put to the EGM.

• e. In the case of joint registered holders of any share(s), this form of proxy may be signed by any joint registered holders, but if more than one joint registered holders are present at the EGM, whether in person or by proxy, that one of the joint registered holders whose name stands first on the register of shareholders of the Company in respect of the relevant jointly registered share shall alone be entitled to vote in respect thereof to the exclusion of the votes of the other joint registered holders.

• f. This form of proxy must be signed by a shareholder of the Company, or his/her attorney duly authorised in writing, or if the shareholder is a corporation, either under its common seal or under the hand of an officer or attorney so authorised.

• g. 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 certified copy of such power or authority must be deposited at the Company’s Hong Kong share registrar, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong not later than 48 hours before the time appointed for holding of the EGM or any adjournment thereof.

• h. Any alteration made to this form should be initialled by the person who signs the form. i. Completion and return of this form of proxy will not preclude you from attending and voting in person at the EGM or any adjournment thereof if you so wish.

PERSONAL INFORMATION COLLECTION STATEMENT

Your supply of your and your proxy’s (or proxies’）name(s) and address(es) is on a voluntary basis for the purpose of processing your request for the appointment of a proxy (or proxies) and your voting instructions for the EGM (the ‘‘Purposes’’). We may transfer your and your proxy’s (or proxies’）name(s) and address(es) to our agent, contractor, or third party service provider who provides administrative, computer and other services to us for use in connection with the Purposes and to such parties who are authorised by law to request the information or are otherwise relevant for the Purposes and need to receive the information. Your and your proxy’s (or proxies’）name(s) and address(es) will be retained for such period as may be necessary to fulfil the Purposes. Request for access to and/or correction of the relevant personal data can be made in accordance with the provisions of the Personal Data (Privacy) Ordinance and any such request should be in writing by mail to the Company’s Hong Kong share registrar, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong.