Huabao International : Form of Proxy for use at the Annual General Meeting (the "Meeting") to be held on Tuesday, 18 May 2021

(Incorporated in Bermuda with limited liability)

(Stock Code: 00336)

Form of Proxy for use at the Annual General Meeting (the "Meeting")

to be held on Tuesday, 18 May 2021

Shareholders are particularly drawn to Note 12 regarding the precautionary

measures to be taken by the Company at the Meeting.

I/We (Note 1)					(name)
of			(address).
being the registered holder(s) of (Note 2)	ordinary shares of HK$0.10 each in the share capital of
Huabao International Holdings Limited	(the "Company"), HEREBY APPOINT (Note 3)					(name)
of		(address)

or failing him/her, THE CHAIRMAN OF THE MEETING as my/our proxy to attend and vote for me/us and on my/our behalf at the Meeting of the Company to be held at Regus Conference Centre, 35/F, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong on 18 May 2021 at 9:30 a.m. (if there is a "black" rainstorm warning or a tropical cyclone warning signal number 8 or above in force at or after 7:30 a.m. on 18 May 2021 and/or the Hong Kong Observatory has announced at or before 7:30 a.m. on 18 May 2021 that either of the above mentioned warnings is to be issued within the next two hours, then the provisions contained in Note 11 below shall be applicable) or at any adjournment of such meeting. I/ We direct that my/our vote(s) be cast on the following resolutions as indicated by an "✓" in the appropriate boxes. In the absence of any indication, the proxy may vote in respect of that resolution at his/her discretion.

			ORDINARY RESOLUTIONS			For (Note 4)	Against (Note 4)
1	To receive and consider the audited financial statements and the reports of the directors and of
	the auditors for the year ended 31 December 2020
2	To declare the final dividend for the year ended 31 December 2020
3	(a)	To re-elect Ms. CHU Lam Yiu as executive director of the Company
	(b)	To re-elect Mr. LEE Luk Shiu as independent non-executive director of the Company
	(c)	To re-elect Mr. WU Chi Keung as independent non-executive director of the Company
	(d)	To authorise the board of directors of the Company (the "Board") to fix the
		remuneration of the directors of the Company (the "Director(s)")
4	To re-appoint Messrs. PricewaterhouseCoopers as auditors of the Company and to authorise
	the Board to fix their remuneration
5	(A)	To give the Directors a general mandate to allot, issue and deal with additional shares
		of the Company not exceeding 20 per cent. of the aggregate number of the issued share
		capital of the Company (Note 6)
	(B)	To give the Directors a general mandate to buy back shares of the Company not
		exceeding 10 per cent. of the aggregate number of the issued share capital of the
		Company (Note 6)
	(C)	To add the aggregate number of the shares of any buy-backs of shares pursuant to
		resolution 5(B) above to the aggregate number of share capital that may be allotted or
		agreed to be allotted by the Directors pursuant to resolution 5(A) above (Note 6)
Signature (Note 5):			Date:

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS. In the case of joint holders, the names of all joint holders should be stated.
2. Please insert the number of ordinary shares of HK$0.10 each registered in your name(s). If a number is inserted, this form of proxy will be deemed to relate only to those shares. If no number is inserted, this form of proxy will be deemed to relate to all the shares of the Company registered in your name(s).
3. If you wish to appoint a proxy other than the chairman of the Meeting, please strike out THE CHAIRMAN OF THE MEETING and insert the name and address of the person you wish to appoint in the space provided. A shareholder of the Company (the "Shareholder(s)") may appoint one or more proxies to attend the Meeting and vote for him/her. ANY ALTERATION MADE TO THIS FORM MUST BE INITIALLED BY THE PERSON WHO SIGNS IT. The proxy needs not be the Shareholder, but must attend the Meeting (or adjournment thereof) to represent you.
4. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, PLACE AN "✓" IN THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST A RESOLUTION, PLACE AN "✓" IN THE BOX MARKED "AGAINST". Failure to complete a box will entitle your proxy to cast your vote(s) or abstain at his/her discretion. Your proxy will also be entitled to vote or abstain at his/her 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, if the appointor is a corporation, it must be executed under its common seal or under the hand of an officer, attorney or other person duly authorised to sign the same.
6. Full text of the Resolutions 5(A), 5(B) and 5(C) are set out in the Notice of the Meeting.
7. A member entitled to attend and vote at the Meeting is entitled to appoint one or more proxies to attend and vote on his/her behalf. Where there are joint holders of any share of the Company, any one of such joint holders may vote, either in person or by proxy, in respect of such shares as if he/she were solely entitled thereto, but if more than one of such joint holders be present at the Meeting, the senior 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 in respect of the joint holding. Several executors or administrators of a deceased member in whose name any share stands shall for these purpose be deemed joint holders.
8. To be valid, this form of proxy must be completed in accordance with the instructions set out herein and deposited at the Company's branch share registrar in Hong Kong, Tricor Tengis Limited, at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong together with the power of attorney or other authority (if any) under which it is signed, or a notarially certified copy thereof, not less than 48 hours before the time appointed for holding the Meeting or adjourned meeting.
9. Completion and return of the form of proxy will not preclude a member from attending the Meeting and voting in person. In such event, his/her form of proxy will be deemed to have been revoked.
10. Pursuant to Rule 13.39(4) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, all resolutions set out in this Notice will be decided by poll at the Meeting.
11. If there is a "black" rainstorm warning or a tropical cyclone warning signal number 8 or above in force at or after 7:30 a.m. on 18 May 2021 and/or the Hong Kong Observatory has announced at or before 7:30 a.m. on 18 May 2021 that either of the above mentioned warnings is to be issued within the next two hours, the Meeting shall automatically be postponed to the next Business Day on which no "black" rainstorm warning or tropical cyclone warning signal number 8 or above is hoisted between the hours from 7:30 a.m. to 9:30 a.m. and in such case the Meeting shall be held at 9:30 a.m. on that Business Day at Suite 3008, 30th Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. "Business Day", in this context, shall mean a day (not being a Saturday, Sunday or public holiday) on which licensed banks in Hong Kong are open for general banking business.
12. Special Notice: Taking into account of the recent development of the epidemic caused by novel coronavirus (COVID-19), the Company will implement the following prevention
    and control measures at the Meeting against the epidemic to protect the Shareholders, staff and other stakeholders from the risk of infection: (i) Every Shareholder or proxy is required to wear surgical facial mask before they are permitted to attend the Meeting, and during their attendance of the Meeting; (ii) All persons who attend the Meeting are required to complete a health declaration form (if required); and (iii) No refreshment will be served. Furthermore, the Company wishes to advise the Shareholders, particularly Shareholders who are subject to quarantine in relation to COVID-19, that they may appoint the chairman of the Meeting as a proxy to vote on the resolution, instead of attending the Meeting in person.

*  For identification purpose only