Wecon Holdings Limited — Proxy Solicitation & Information Statement 2026

Jun 1, 2026

WECO

WECON HOLDINGS LIMITED

偉工控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1793)

IN THE GRAND COURT OF THE CAYMAN ISLANDS

FINANCIAL SERVICES DIVISION

Cause No. FSD 0123 of 2026

IN THE MATTER OF SECTION 86 OF THE COMPANIES ACT (2026 REVISION)

AND IN THE MATTER OF WECON HOLDINGS LIMITED 偉工控股有限公司

PINK FORM OF PROXY

FOR USE AT THE COURT MEETING CONVENED

AT THE DIRECTIONS OF THE GRAND COURT OF THE CAYMAN ISLANDS

TO BE HELD ON WEDNESDAY, 24 JUNE 2026 AT 11:30 A.M. (HONG KONG TIME)

(OR ANY ADJOURNMENT THEREOF)

Pink form of proxy for use at the court meeting (or any adjournment thereof) (the "Court Meeting") of the Scheme Shareholders (as defined in the composite scheme document dated 1 June 2026 (the "Scheme Document") of Wecon Holdings Limited (the "Company")).

I/We (Note 1) _____________

of

being the registered holder(s) of _____________ shares (Note 2) having a nominal or par value of HK$0.01

each in the share capital of the Company, HEREBY APPOINT THE CHAIRMAN OF THE COURT MEETING (Note 3) or

of

as my/our proxy to attend and act for me/us and on my/our behalf at the Court Meeting convened by the direction of the Grand Court of the Cayman Islands (or at any adjournment thereof) of the Scheme Shareholders to be held at Hong Kong Construction Association, 1/F, 180-182 Hennessy Road, Wan Chai, Hong Kong on Wednesday, 24 June 2026 at 11:30 a.m. (Hong Kong time) for the purpose of considering and, if thought fit, approving the scheme of arrangement dated 1 June 2026 (with or without modifications) referred to in the Notice of the Court Meeting (the "Scheme") and at the Court Meeting (or at any adjournment thereof) to vote for me/us and in my/our name(s) for or against the Scheme as indicated below (Note 4), or if no such indication is given, as my/our proxy thinks fit and in respect of any other resolution(s) that may properly come before the Court Meeting and/or any adjournment thereof.

FOR the Scheme (Notes 4 and 8)	AGAINST the Scheme (Notes 4 and 8)

Dated this __ day of __ 2026

Contact Phone Number: _____

Scheme Shareholder's signature (Notes 5 and 6):

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS. The names of all joint holders should be stated.

2. Please insert the number of shares registered in your name(s) and to which this pink form of proxy relates. If no number is inserted, this pink form of proxy will be deemed to relate to all the shares registered in your name(s). If more than one proxy is appointed, the number of shares in respect of which each such proxy is so appointed must be specified in the form of proxy.

3. Any Scheme Shareholder entitled to attend and vote at the Court Meeting is entitled to appoint another person as his/her proxy to attend and vote instead of him/her. Your proxy need not be a member of the Company, but must attend the Court Meeting in person to represent you. If any proxy other than the Chairman of the Court Meeting is preferred, please strike out the words "THE CHAIRMAN OF THE COURT MEETING or" and insert the name and address of the proxy desired in the space provided. A Scheme Shareholder who is the holder of two or more shares may appoint more than one proxy to attend and vote on his/her behalf at the Court Meeting provided that if more than one proxy is so appointed, the appointment shall specify the number of shares in respect of which each such proxy is so appointed. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE COURT MEETING WILL ACT AS YOUR PROXY. ANY ALTERATION MADE TO THIS PINK FORM OF PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.

4. IMPORTANT: IF YOU WISH TO VOTE FOR THE SCHEME, PLEASE ("√") TICK THE BOX MARKED "FOR THE SCHEME". IF YOU WISH TO VOTE AGAINST THE SCHEME, PLEASE ("√") TICK THE BOX MARKED "AGAINST THE SCHEME". Failure to tick either box will entitle your proxy to cast his/her vote or abstain at his/her discretion. Your proxy will also be entitled to vote at his/her discretion on any resolution or motion properly put to the Court Meeting other than those referred to in the Notice of the Court Meeting or abstain.

5. This pink form of proxy must be signed by you or your attorney duly authorized in writing or, in the case of a corporation, must be either executed under its seal or under the hand of an officer, attorney or other person authorized to sign the same.

6. Where there are joint registered holders of any share of the Company, any one of such persons may vote at the Court Meeting, either in person or by proxy, in respect of such share(s) as if he/she/it were solely entitled thereto; but if more than one of such joint holders be present at the Court Meeting, the vote of the senior holder 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 of members of the Company in respect of the joint holding. Several executors or administrators of a deceased member in whose name any share stands shall be deemed joint holders thereof.

7. To be valid, this pink form of proxy together with the power of attorney (if any) or other authority (if any) under which it is signed or a certified copy thereof, must be completed, signed and lodged with the Company's branch share registrar and transfer office in Hong Kong, Tricor Investor Services Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong, not less than 48 hours before the time fixed for holding the Court Meeting (or any adjournment thereof). If this pink form of proxy is not so lodged, it may alternatively be handed to the Chairman of the Court Meeting before taking of the poll, who shall have absolute discretion as to whether or not to accept it. Completion and return of this pink form of proxy will not preclude you from attending and voting at the Court Meeting (or any adjournment thereof) in person if you so wish, but in such event, this pink form of proxy will be deemed to have been revoked.

8. The Scheme will be voted upon by way of poll at the Court Meeting.

9. The full text of the Scheme and a copy of an explanatory memorandum explaining the effect of the Scheme appears in the Scheme Document.

PERSONAL INFORMATION COLLECTION STATEMENT

"Personal Data" in this statement has the same meaning as "personal data" in the Personal Data (Privacy) Ordinance (Chapter 486 of the Laws of Hong Kong) (the "PDPO"). The supply of your and your proxy's Personal Data is on a voluntary basis. Failure to provide sufficient information may result in the Company being unable to process your appointment of proxy and instructions and/or request as stated in this form of proxy. Your and your proxy's Personal Data may be disclosed or transferred by the Company to its subsidiaries, its share registrar, and/or other companies or bodies for any of the stated purposes and retained for such period as may be necessary for our verification and record purposes. By providing your proxy's Personal Data in this form of proxy, you should have obtained the express consent (which has not been withdrawn in writing) from your proxy in using his/her Personal Data provided in this form of proxy and that you have informed your proxy of the purpose for and the manner in which his/her Personal Data may be used. Your/your proxy have/has the right to request access to and/or correction of your/your proxy's Personal Data in accordance with the provisions of the PDPO. Any such request for access to and/or correction of your/your proxy's Personal Data should be in writing to the Hong Kong Privacy Officer of the Company's branch share registrar in Hong Kong, Tricor Investor Services Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong.