FORM OF PROXY FOR USE AT THE SPECIAL GENERAL MEETING TO BE HELD ON MONDAY, 3 MAY 2021 AT 10:30 A.M.

PYI Corporation Limited

(Incorporated in Bermuda with limited liability)

(Stock code: 498)

FORM OF PROXY FOR USE AT THE SPECIAL GENERAL MEETING TO BE HELD ON

MONDAY, 3 MAY 2021 AT 10:30 A.M.

I/We (Note 1)

capital of PYI Corporation Limited (the ''Company''), hereby appoint (Note 3) the Chairman of the Meeting or of

as my/our proxy to attend and vote for me/us and on my/our behalf at the special general meeting of the Company (the ''Meeting'') to be held at Regus Conference Centre, 35th Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong on Monday, 3 May 2021 at 10:30 a.m. (Note 10) and any adjournment thereof (as the case may be) on the undermentioned resolutions as indicated (Note 4):

1. To adopt the Share Award Scheme (as detailed in the circular of the Company dated 14 April 2021 (the ''Circular'')).
2. To approve the grant of the Specific Mandate (as detailed in the Circular) for issuance and allotment of Shares pursuant to the Share Award Scheme (as detailed in the Circular).
3. To re-elect Mr. Sam Nickolas David Hing Cheong as an executive director of the Company.

• The full text of the resolutions is set out in the notice of the Meeting dated 14 April 2021 (the ''Notice'').

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK CAPITALS.
2. 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 registered in your name(s).
3. If any proxy other than the Chairman of the Meeting is preferred, delete the words ''the Chairman of the Meeting or'' and insert the name and address of the proxy desired in the space provided. Any alteration made to this form of proxy must be duly initialled by the person who signs it.
4. Please indicate with a ''✓'' in the appropriate space beside the resolution how you wish the proxy to vote on your behalf. If this form of proxy is returned duly signed, but without any indication as to how your proxy should vote, the proxy may vote for or against the resolution or may abstain at his/her/their discretion. Your proxy will also be entitled to vote or abstain at his/her/their discretion on any resolution properly put to the Meeting and/or at any adjournment thereof other than that referred to in the Notice.
5. This form of proxy must be signed by you or your attorney duly authorised in writing or, in the case of a corporation, must be either under its seal or under the hand of an officer or attorney or other person authorised to sign the same.
6. Where there are joint holders of any share, any one of such joint holders may vote at the Meeting, either in person or by proxy, in respect of such share as if he was solely entitled thereto, but if more than one of such joint holders be present at the Meeting, the vote of the senior who tenders a vote, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint holders. For this purpose, seniority is determined by the order in which the names stand in the register of members in respect of the joint holding.
7. To be valid, this form of proxy and the power of attorney or other authority (if any) under which it is signed, or a notarised copy of that power or authority, must be deposited at the branch share registrar and transfer office of the Company in Hong Kong, Tricor Secretaries 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 (as the case may be).
8. The proxy need not be a shareholder of the Company.
9. Completion and return of this form of proxy will not preclude you from attending and voting in person at the Meeting, and in such event, this form of proxy shall be deemed to be revoked.
10. The Chinese translation of this form of proxy is for reference only and in case of any inconsistency, the English version shall prevail.

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 Meeting (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 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. You/your proxy (or proxies) has/have the right to request access to and/or correction of the relevant personal data in accordance with the provisions of the Personal Data (Privacy) Ordinance (Cap. 486 of the Laws of Hong Kong) and any such request should be in writing by mail to Tricor Secretaries Limited at the above address.