Daisho Microline : PROXY FORM FOR USE AT THE SPECIAL GENERAL MEETING TO BE HELD ON FRIDAY, 23 APRIL 2021

DAISHO MICROLINE HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 0567)

PROXY FORM FOR USE AT THE SPECIAL GENERAL MEETING

TO BE HELD ON FRIDAY, 23 APRIL 2021

I/We (Note 1)

of being the registered holder(s) of (Note 2)shares ofHK$0.10 each in the capital of DAISHO MICROLINE HOLDINGS LIMITED (the "Company"), hereby appoint (Note 3)

or failing him

of

or failing him, the chairman of the meeting to act as my/our proxy to attend and, in the event of a poll, vote for me/us at the special general meeting (the "SGM") of the Company (or at any adjournment thereof) to be held at PH3, 3/F, 186-190 Queen's Road East, Wanchai, Hong Kong at 10:00 a.m. on Friday, 23 April 2021 for the purpose of considering and, if thought fit, passing the resolutions set out in the notice dated 31 March 2021 convening the SGM (the "Notice"), and at such meeting to vote for me/us and in my/our name(s) as directed below or, if no such indication is given, as my/our proxy thinks fit.

Ordinary Resolutions#	For (Note 4)	Against (Note 4)
1.	(a) to approve, confirm and ratify the conditional memorandum of agreement dated 25 January 2021 (as supplemented by the addendum dated 12 March 2021) (the "MOA I") entered into between PE28 Pte. Limited, a wholly-owned subsidiary of the Company as seller and Angel Tankers Pte. Ltd. as buyer in relation to, among others, the sale and purchase of vessel named as Pacific Energy 28 and the transactions contemplated thereunder; and (b) to authorise any one or more director of the Company to sign, execute, perfect, deliver and do all such documents, deeds, acts, matters and things, as the case may be, as he or they may in his/their discretion consider necessary, desirable or expedient to carry out and implement the MOA I and the transactions contemplated thereunder
2.	(a) to approve, confirm and ratify the conditional memorandum of agreement dated 25 January 2021 (as supplemented by the addendum dated 12 March 2021) (the "MOA II") entered into between PE138 Pte. Limited, a wholly-owned subsidiary of the Company as seller and Bella Tankers Pte. Ltd. as buyer in relation to, among others, the sale and purchase of vessel named as Pacific Energy 138 and the transactions contemplated thereunder; and (b) to authorise any one or more director of the Company to sign, execute, perfect, deliver and do all such documents, deeds, acts, matters and things, as the case may be, as he or they may in his/their discretion consider necessary, desirable or expedient to carry out and implement the MOA II and the transactions contemplated thereunder

#

Full text of the resolutions are set out in the Notice.

Dated:
Notes:
1.	Full name(s) and address(es) to be inserted in BLOCK CAPITALS.
2.	Please insert the number of shares of HK$0.10 each in the Company registered in your name(s) and to which this proxy form relates. If no number is
inserted, this proxy form will be deemed to relate to all shares in the capital of the Company registered in your name(s).
3.	Please insert the name and address of the proxy desired in BLOCK CAPITALS. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE
MEETING WILL ACT AS YOUR PROXY. A proxy need not be a member of the Company, but must attend the meeting in person to represent you.
4.	IMPORTANT: IF YOU WISH TO VOTE FOR THE RESOLUTION(S), PLEASE PLACE A "✔" IN THE RELEVANT BOX MARKED "FOR"
BESIDE THE RESOLUTION(S). IF YOU WISH TO VOTE AGAINST THE RESOLUTION(S), PLEASE PLACE A "✔" IN THE RELEVANT
BOX MARKED "AGAINST" BESIDE THE RESOLUTION(S). Failure to complete either box will entitle your proxy to cast your vote or abstain at
his discretion. 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.
5.	This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, this form must be executed either
under its common seal or under the hand of an officer or attorney or other persons duly authorised.
6.	In the case of joint holders of shares, if more than one of the joint holders is present at the meeting personally or by proxy then the person whose name
stands first on the register of members in respect of the relevant share(s) will alone be entitled to vote in respect of the relevant joint holding.
7.	To be valid, this proxy form together with any power of attorney or other authority under which it is signed or a notarially certified copy of such power
or authority, must be deposited with the Company's branch share registrar in Hong Kong, Tricor Tengis Limited at Level 54, Hopewell Centre, 183
Queen's Road East, Hong Kong, not less than 48 hours before the time appointed for holding the meeting or any adjournment thereof.
8.	Any alteration made to this proxy form must be initialled by the person who signs it.
9.	The Notice is set out in the Company's circular dated 31 March 2021 (the "Circular"), unless otherwise stated, capitalised terms used above shall have
the meanings ascribed to them in the Circular.

Signature(s)(Note 5) :