Vision Values Holdings Ltd. — Capital/Financing Update 2017

Mar 6, 2017

Excess Application Form No.

IMPORTANT

Reference is made to the prospectus of Vision Values Holdings Limited (the “Company”) dated 6 March 2017 (the “Prospectus”) in relation to the Rights Issue. Terms defined in the Prospectus bear the same meanings when used herein, unless the context requires otherwise.

THIS EXCESS APPLICATION FORM (“EAF”) IS VALUABLE BUT IS NOT TRANSFERABLE AND IS FOR THE USE ONLY BY THE QUALIFYING SHAREHOLDER(S) NAMED BELOW WHO WISH(ES) TO APPLY FOR EXCESS RIGHTS SHARES IN ADDITION TO THOSE PROVISIONALLY ALLOTTED TO HIM/HER/THEM/IT UNDER THE RIGHTS ISSUE. APPLICATIONS MUST BE RECEIVED BY THE REGISTRAR BY NO LATER THAN 4:00 P.M. ON TUESDAY, 21 MARCH 2017.

IF YOU ARE IN ANY DOUBT AS TO THE CONTENTS OF THIS FORM OR AS TO THE ACTION TO BE TAKEN, YOU SHOULD CONSULT YOUR LICENSED SECURITIES DEALER, REGISTERED INSTITUTION IN SECURITIES, BANK MANAGER, SOLICITOR, PROFESSIONAL ACCOUNTANT OR OTHER PROFESSIONAL ADVISER.

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this form, 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 the this form.

A copy of each of the Prospectus Documents, together with the documents specified in the paragraph headed “Documents delivered to the Registrar of Companies” in Appendix III to the Prospectus, has been registered with the Registrar of Companies in Hong Kong pursuant to section 342C of the Companies (WUMP) Ordinance (Chapter 32 of the Laws of Hong Kong). Neither the Securities and Futures Commission of Hong Kong nor the Stock Exchange nor the Registrar of Companies in Hong Kong takes any responsibility as to the contents of any of these documents.

Dealings in the securities of the Company and the Rights Shares in their nil-paid and fully-paid forms may be settled through CCASS and you should consult your licensed securities dealer, registered institution in securities, bank manager, solicitor, professional accountant or other professional adviser for details of those settlement arrangements and how such arrangements may affect your rights and interests.

Vision Values Holdings Limited 遠見控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 862)

RIGHTS ISSUE OF 1,295,919,446 RIGHTS SHARES ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY TWO EXISTING SHARES HELD ON THE RECORD DATE AT HK$0.18 PER RIGHTS SHARE PAYABLE IN FULL ON ACCEPTANCE BY NO LATER THAN 4:00 P.M. ON TUESDAY, 21 MARCH 2017

FORM OF APPLICATION FOR EXCESS RIGHTS SHARES

Hong Kong branch share registrar Registered office: and transfer office: P.O. Box 10008 Tricor Abacus Limited Willow House, Cricket Square Level 22 Grand Cayman KY1-1001 Hopewell Centre Cayman Islands 183 Queen’s Road East Head office and principal place of Hong Kong business in Hong Kong: Units 902-03, 9/F Shui Hing Centre 13 Sheung Yuet Road Kowloon Bay Hong Kong Name(s) and address of the Qualifying Shareholder(s) 6 March 2017 Application can be made only by the Qualifying Shareholder(s) named here.

To the Directors VISION VALUES HOLDINGS LIMITED Dear Sirs, I/We, being the Qualifying Shareholder(s) named above, hereby irrevocably apply for excess Rights Shares at the Subscription Price of HK$0.18 per Rights Share, in respect of which I/we enclose a separate remittance by cheque or cashier’s order drawn in favour of “ Vision Values Holdings Limited — Excess Application Account ” for HK$ and crossed “ ACCOUNT PAYEE ONLY ” being the payment in full on application for the above number of excess Rights Shares.

I/We hereby request you to allot such excess Rights Shares applied for, or as may be determined by the Directors any smaller number, to me/us and to send by ordinary post at my/our risk to the address shown above the certificates for the number of excess Rights Shares as may be allotted to me/us in respect of this application and/or a cheque for any application monies refundable to me/us as may be determined by the Directors. I/We understand that allotments in respect of this application shall be at the sole discretion of the Directors. I/We acknowledge that I am/we are not guaranteed to be allotted all or any of the excess Rights Shares applied for.

I/We hereby undertake to accept such number of excess Rights Shares as may be allotted to me/us as aforesaid upon the terms and conditions set out in this EAF and the Prospectus and subject to the memorandum and articles of association of the Company. In respect of any excess Rights Shares allotted to me/us, I/we authorise you to place my/our name(s) on the register of members of the Company as the holder(s) of such excess Rights Shares.

Signature(s) of applicant(s) (all joint applicants must sign) 2017

Contact telephone no.:

Date:

This form should be completed in full and lodged, together with payment by cheque or cashier’s order in respect of HK$0.18 per Rights Share applied for, with the Registrar, Tricor Abacus Limited at Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong, so as to be received by the Registrar by no later than 4:00 p.m. on Tuesday, 21 March 2017. All remittances must be made in Hong Kong dollars. Cheques must be drawn on an account with, and cashier’s orders must be issued by, a licensed bank in Hong Kong and made payable to “ Vision Values Holdings Limited — Excess Application Account ” and crossed “ ACCOUNT PAYEE ONLY ”.

Completion and return of this form together with a cheque or cashier’s order in payment for the excess Rights Shares for which are the subject of this form will constitute a warranty by the applicant(s) that such cheque or cashier’s order will be honoured on first presentation. All cheques and cashier’s orders will be presented for payment immediately following receipt and all interest earned on such monies (if any) will be retained for the benefit of the Company. If any cheque or cashier’s order is dishonoured on first presentation, without prejudice to the other rights of the Company, this form is liable to be rejected.

No action has been taken to obtain permission of the offering of the Rights Shares or the distribution of the documents in connection with the Rights Issue in any territory other than Hong Kong. Accordingly, it is the responsibility of any person outside Hong Kong wishing to make an application for excess Rights Shares to satisfy himself/herself/itself/themselves before making the application as to the full observance of the laws and regulations of the relevant jurisdiction, including the obtaining of any government or other consents, and to pay taxes and duties required to be paid in any such jurisdiction in connection therewith. The Company reserves the right to refuse to accept any application for excess Rights Shares where it believes in doing so would violate the applicable securities or other laws or regulations of any jurisdiction.

An announcement of the results of acceptance of and excess applications for the Rights Issue will be published on Tuesday, 28 March 2017. If no excess Rights Shares are allotted to you, it is expected that the amount tendered on application will be refunded to you in full without interest by means of a cheque despatched by ordinary post to your registered address on or before Wednesday, 29 March 2017 at your own risk. If the number of excess Rights Shares allotted to you is less than that applied for, it is expected that the surplus application monies will also be refunded to you without interest by means of a cheque despatched by ordinary post to your registered address on or before Wednesday, 29 March 2017 at your own risk. Any such cheque will be drawn in favour of the first-named applicant on this form. It is expected that share certificates in respect of the fully-paid Rights Shares will be sent by ordinary post to you at your own risk on or before Wednesday, 29 March 2017.

Completion and return of this form will constitute a warranty and representation to the Company that all registration, legal and regulatory requirement of all relevant jurisdictions in connection with this form and any acceptance of it have been, or will be, duly complied with. For the avoidance of doubt, neither HKSCC nor HKSCC Nominees Limited is subject to any of the above representations and warranties.

This form and all applications made pursuant to it shall be governed by, and construed in accordance with, the laws of Hong Kong.

It should be noted that the Shares have been dealt in on an ex-rights basis from Monday, 27 February 2017 and the Rights Shares will be dealt in their nil-paid form from 9:00 a.m. on Wednesday, 8 March 2017 to 4:00 p.m. on Thursday, 16 March 2017, both dates and time inclusive. If the conditions of the Rights Issue are not fulfilled or waived (as applicable) or the Underwriting Agreement is terminated by the Underwriter, the Rights Issue will not proceed. Any Shareholder or other person contemplating selling or purchasing of Shares or Rights Shares in their nil-paid form, who is in any doubt about his/her/its/their position, is recommended to consult his/her/its/their own professional adviser.

If, prior to the Latest Time for Termination:

• (1) in the reasonable opinion of the Underwriter, the success of the Rights Issue would be materially and adversely affected by:

• (a) the introduction of any new regulation or any change in existing law or regulation (or the judicial interpretation thereof) or other occurrence of any nature whatsoever which may in the reasonable opinion of the Underwriter materially and adversely affect the business or the financial or trading position or prospects of the Group as a whole or is materially adverse in the context of the Rights Issue; or

• (b) the occurrence of any local, national or international event or change (whether or not forming part of a series of events or changes occurring or continuing before, and/ or after the date hereof), of a political, military, financial, economic or other nature, or in the nature of any local, national or international outbreak or escalation of hostilities or armed conflict, or affecting local securities markets which may, in the reasonable opinion of the Underwriter materially and adversely affect the business or the financial or trading position or prospects of the Group as a whole; or

• (c) any materially adverse change in the business or in the financial or trading position or prospects of the Group as a whole; or

• (d) any act of God, war, riot, public disorder, civil commotion, fire, flood, explosion, epidemic, terrorism, strike or lock-out which would, in the absolute opinion of the Underwriter materially and adversely affect the business or the financial or trading position or prospects of the Group as a whole; or

• (e) there occurs or comes into effect the imposition of any moratorium, suspension or material restriction on trading in the Shares generally for more than 14 consecutive trading days on the Stock Exchange due to exceptional financial circumstances or otherwise; or

• (2) any material adverse change in market conditions (including, without limitation, a change in fiscal or monetary policy or foreign exchange or currency markets, suspension or restriction of trading in securities, and a change in currency conditions for the purpose of this clause includes a change in the system under which the value of the Hong Kong currency is pegged with that of the currency of the United States of America) occurs which in the reasonable opinion of the Underwriter makes it inexpedient or inadvisable to proceed with the Rights Issue; or

• (3) the Prospectus when published contain information (either as to business prospects or the condition of the Group or as to its compliance with any laws or the Listing Rules or any applicable regulations) which has not prior to the date hereof been publicly announced or published by the Company and which may in the reasonable opinion of the Underwriter is material to the Group as a whole and is likely to affect materially and adversely the success of the Rights Issue,

the Underwriter shall be entitled by notice in writing to the Company, served prior to the Latest Time for Termination, to terminate the Underwriting Agreement.

In the event the Underwriter exercises the right to terminate the Underwriting Agreement by giving written notice of termination prior to the Latest Time for Termination, all the obligations of the Underwriter under the Underwriting Agreement shall cease and determine and neither party shall have any claim against the other party in respect of any matter or thing arising out of or in connection with the Underwriting Agreement (save in respect of certain rights or obligations under the Underwriting Agreement including rights of the parties thereto in respect of any antecedent breach).

If the Underwriter exercises such right or the Underwriting Agreement does not become unconditional, the Rights Issue will not proceed.

A SEPARATE CHEQUE OR CASHIER’S ORDER MUST ACCOMPANY EACH APPLICATION. NO RECEIPT WILL BE GIVEN. (For office use only)

Application no.	Number of excess Rights Shares applied for	Amount paid on application	Balance refunded
		HK$	HK$

額外供股股份 申請表格編號

重要提示

謹此提述遠見控股有限公司（「本公司」）日期為二零一七年三月六日有關供股之章程（「供股章程」）。除文義另有所指外，供股章程所界定之詞彙在本表格內 具有相同涵義。

本額外申請表格（「額外申請表格」）具有價值，但不可轉讓，並僅供名列下文且有意申請其供股暫定配額以外之額外供股股份之合資格股東使用。申請須不 遲於二零一七年三月二十一日（星期二）下午四時正送達過戶登記處。

閣下如對本表格之內容或應採取之行動有任何疑問，應諮詢 閣下之持牌證券交易商、註冊證券機構、銀行經理、律師、專業會計師或其他專業顧問。 香港交易及結算所有限公司、香港聯合交易所有限公司及香港中央結算有限公司對本表格之內容概不負責，對其準確性或完整性亦不發表任何聲明，並 明確表示，概不就因本表格全部或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。

各份供股章程文件副本連同供股章程附錄三「送呈公司註冊處處長之文件」一段所指定之文件，已根據香港法例第 32 章公司（清盤及雜項條文）條例第 342C 條送呈香港公司註冊處處長登記。香港證券及期貨事務監察委員會、聯交所及香港公司註冊處處長對任何此等文件之內容概不負責。 本公司證券以及未繳股款及繳足股款之供股股份之買賣均可透過中央結算系統進行交收， 閣下如欲得悉交收安排之詳情及有關安排可能對 閣下權利 及權益造成之影響，應諮詢 閣下之持牌證券交易商、註冊證券機構、銀行經理、律師、專業會計師或其他專業顧問。

Vision Values Holdings Limited 遠見控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：862）

按於記錄日期每持有兩股現有股份 可獲發一股供股股份之基準以每股供股股份 0.18 港元 發行 1,295,919,446 股供股股份股款須不遲於 二零一七年三月二十一日（星期二）下午四時正接納時全數繳足

額外供股股份申請表格

香港股份過戶登記分處： 卓佳雅柏勤有限公司 香港 皇后大道東 183 號 合和中心 22 樓

合資格股東姓名及地址

註冊辦事處：

P.O. Box 10008 Willow House, Cricket Square Grand Cayman KY1-1001 Cayman Islands 總辦事處及香港主要營業地點： 香港 九龍灣 常悅道 13 號 瑞興中心 9 樓 902-03 室 二零一七年三月六日

只有本欄所列之 合資格股東 有權申請。

致： 遠見控股有限公司 列位董事 台照

敬啟者：

本人╱ 吾等為名列上文之合資格股東，謹此不可撤回地以每股供股股份 0.18 港元之認購價申請

股

額外供股股份，並附上註明抬頭人為「 Vision Values Holdings Limited[—] Excess Application Account 」，以「 只准入抬頭人賬戶 」方式劃線獨立開出之 港元支票或銀行本票，作為申請上述數目額外供股股份須全數支付之股款。

本人╱吾等謹請董事配發本人╱吾等申請或董事可能釐定之任何數目較所申請者為少之額外供股股份予本人╱吾等，並將本人╱吾等就此項申請可能獲配 發之額外供股股份數目之股票及╱或董事可能釐定應退還予本人╱吾等之任何申請股款之支票，按上列地址以平郵方式寄予本人╱吾等，郵誤風險概由本 人╱吾等自行承擔。本人╱吾等明白就此項申請所配發之額外供股股份由董事全權酌情配發。本人╱吾等知悉本人╱吾等不獲保證可獲配發全部或任何所 申請之額外供股股份。

本人╱吾等謹此承諾按照本額外申請表格及供股章程所載之條款及條件，並在本公司之組織章程大綱及細則限制下接納可能如上文所述配發予本人╱吾等 之額外供股股份數目。本人╱吾等就任何獲配發之額外供股股份授權董事將本人╱吾等之姓名列入本公司之股東名冊，作為該等額外供股股份之持有人。

申請人簽署（所有聯名申請人均須簽署）

聯絡電話號碼：

日期：二零一七年

月

日

本表格必須完全填妥，並連同按所申請之供股股份以每股供股股份 0.18 港元計算之應繳股款支票或銀行本票，須不遲於二零一七年三月二十一日（星期二） 下午四時正送達過戶登記處卓佳雅柏勤有限公司，地址為香港皇后大道東 183 號合和中心 22 樓。所有股款必須以港元繳付，支票須由香港持牌銀行之賬戶 開出，而銀行本票則須由香港持牌銀行開立，註明抬頭人為「 Vision Values Holdings Limited — Excess Application Account 」，並以「 只准入抬頭人賬戶 」方式劃 線開出。

填妥本表格並連同繳付按本表格所申請額外供股股份之股款之支票或銀行本票交回，即表示申請人保證該支票或銀行本票將於首次過戶時獲得兌現。所 有支票及銀行本票將於收到後隨即兌現，而有關股款所得之一切利息（如有）將撥歸本公司所有。在不影響本公司其他權利之情況下，倘有任何支票或銀行 本票於首次過戶時不獲兌現，本表格可遭拒絕受理。

本公司並無採取任何行動，以獲准在香港以外任何地域提呈發售供股股份或派發有關供股之文件。因此，任何於香港以外地區之人士如有意申請額外供 股股份，則有責任於提出申請前自行全面遵守相關司法權區之法例及規例，包括取得任何政府或其他方面之同意及就此繳付任何有關司法權區規定須繳 付之稅項及徵費。倘本公司相信接納任何額外供股股份之申請會違反任何司法權區之適用證券或其他法例或規例，則會保留權利拒絕接納有關申請。

本公司將於二零一七年三月二十八日（星期二）刊發接納供股股份及額外申請供股股份之結果之公佈。倘 閣下不獲配發任何額外供股股份，則於申請時繳 付之股款（不計利息）將會以支票方式全數退還予 閣下，退款支票預期於二零一七年三月二十九日（星期三）或之前以平郵方式寄往 閣下之登記地址，郵 誤風險概由 閣下自行承擔。倘 閣下獲配發之額外供股股份數目少於所申請之數目，則多出之申請款項（不計利息）將會以支票方式退還予 閣下，退款 支票預期將於二零一七年三月二十九日（星期三）或之前以平郵方式寄往 閣下之登記地址，郵誤風險概由 閣下自行承擔。任何上述支票將以於本表格名 列首位之申請人為抬頭人。預期繳足股款之供股股份之股票將於二零一七年三月二十九日（星期三）或之前以平郵方式寄予 閣下，郵誤風險概由 閣下自 行承擔。

填妥及交回本表格，即表示申請人向本公司保證及聲明，已經或將會妥為遵守所有相關司法權區有關本表格及接納本表格之一切登記、法律及監管規定。 為免生疑問，香港結算及香港中央結算（代理人）有限公司毋須受上述任何聲明及保證規限。

本表格及據此提出之所有申請均須受香港法例監管並按其詮釋。

敬請注意，股份已由二零一七年二月二十七日（星期一）起以除權方式買賣，而供股股份將於二零一七年三月八日（星期三）上午九時正至二零一七年三月 十六日（星期四）下午四時正（包括首尾兩日及起止時間）期間以未繳股款形式買賣。倘若供股之條件未能達成或獲豁免（如適用），或包銷商終止包銷協議， 則供股將不會進行。任何有意買賣股份或未繳股款供股股份之股東或其他人士如對彼╱彼等之狀況有任何疑問，務請諮詢彼╱彼等之專業顧問。

倘於最後終止時限之前：

• (1) 包銷商合理認為，以下各項將對供股成功進行構成重大不利影響：

• (a) 引入任何新規例或現行法例或規例（或有關司法詮釋）出現任何變動或出現其他任何性質之情況，而包銷商合理認為其可能對本集團整體業務 或財務或交易狀況或前景構成重大不利影響，或對供股情況構成重大不利影響；或

• (b) 出現任何地區、國家或國際政治、軍事、金融、經濟或其他性質之事件或變動（不論是否構成本通知書日期前及╱或後出現或持續之一連串事 件或變動之部分），或任何地區、國家或國際間爆發敵對衝突或武裝衝突或有關敵對衝突或武裝衝突升級，或影響當地證券市場之事件或變 動，而包銷商合理認為其可能對本集團整體業務或財務或交易狀況或前景構成重大不利影響；或

• (c) 本集團整體業務或財務或交易狀況或前景出現任何重大不利變動；或

• (d) 任何天災、戰爭、暴動、騷動、民變、火災、水災、爆炸、疫症、恐怖主義活動、罷工或閉廠，而包銷商全權認為該等事件將對本集團整體業務 或財務或交易狀況或前景構成重大不利影響；或

• (e) 由於出現特殊之金融狀況或其他原因而連續 14 個交易日以上禁止、暫停或嚴格限制股份在聯交所之一般買賣；或

• (2) 市況出現任何重大不利變動，包括但不限於財政或貨幣政策或外匯或貨幣市場出現變動、證券暫停或限制買賣及貨幣狀況出現變動（就本條而言包 括港幣價值與美利堅合眾國貨幣價值掛鈎之制度出現變動），而包銷商合理認為繼續進行供股屬不宜或不智；或

• (3) 供股章程於刊發時載有本公司並未於本供股章程日期前公佈或刊發有關本集團業務前景或狀況或遵守任何法例或上市規則或任何適用規例之資料， 而包銷商合理認為該等資料對本集團整體可能屬重大，且極可能對供股之成功構成重大不利影響，

則包銷商有權於最後終止時限之前向本公司發出書面通知以終止包銷協議。

倘包銷商於最後終止時限前行使權利發出書面終止通知終止包銷協議，包銷協議項下包銷商之所有責任將告終止及終結，而訂約方概不得就包銷協議所 引致或與之有關的任何事項或事宜向對方提出索償（惟有關包銷協議項下之若干權利或責任（包括涉及任何先前違約之訂約方之權利）除外）。

倘包銷商行使有關權利或包銷協議並未成為無條件，供股將不會進行。

每份申請表格須附一張獨立支票或銀行本票。 本公司將不會發出收據。 （本公司專用）

申請編號	申請額外供股股份數目	申請付款額	退還餘款
		港元	港元