Inner Mongolia Yitai Coal : FORM OF PROXY FOR THE ANNUAL GENERAL MEETING TO BE HELD ON TUESDAY, 8 JUNE 2021

1. To consider and approve the resolution relating to the proposed issuance of various debt financing instruments.
2. 1. Types and issuance size of debt financing instruments
   2. Method of issuance and target subscribers
   3. Arrangement on placement to the shareholders of the Company
   4. Par value and issue price
   5. Maturity of the bonds
   6. Use of proceeds
   7. Validity of the resolution
   8. Measures for guaranteeing the repayment
   9. Authorization of the Board or its authorized persons for the issuance of domestic debt financing instruments
3. To consider and approve the resolution relating to the general mandate to the Board for the issuance of H shares.

Notes:

1. Full name(s) and address(es) to be inserted in BLOCK LETTERS.
2. Please insert the number of shares registered in your name(s) to which this form of proxy related. If no number is inserted, this form of proxy will be deemed to relate to all shares registered in your name(s).
3. If any proxy other than the Chairman of the Meeting is preferred, please strike out the words "THE CHAIRMAN OF THE MEETING or" and insert the name and address of the proxy desired in the space provided. A shareholder entitled to attend and vote at the Meeting may appoint one or more proxies to attend and vote in his stead. A proxy need not be a shareholder of the Company but must attend the Meeting in person to represent you. ANY ALTERATION MADE TO THIS FORM OF
   PROXY MUST BE INITIALLED BY THE PERSON WHO SIGNS IT.
4. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, TICK IN THE BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, TICK IN THE BOX MARKED "AGAINST". IF YOU WISH TO ABSTAIN FROM VOTING ON ANY RESOLUTION, TICK IN THE BOX MARKED "ABSTAIN". ANY ABSTAIN VOTE OF SHAREHOLDERS PRESENT AT THE MEETING (INCLUDING THEIR PROXIES) SHALL BE REGARDED AS VOTING RIGHTS FOR THE PURPOSE OF CALCULATING THE RESULT OF THAT RESOLUTION; BALLOTS OF ANY VOTES WHICH ARE INCOMPLETE, INCORRECTLY COMPLETED, ILLEGIBLE OR NOT CAST SHALL BE DEEMED TO BE FORBIDDEN VOTING RIGHTS, THUS THE VOTING RESULT IN RESPECT OF THESE SHARES SHALL BE COUNTED AS "ABSTAIN" AND THE VOTES SHALL BE REGARDED AS VOTING RIGHTS FOR THE PURPOSE OF CALCULATING THE RESULT OF THAT RESOLUTION; WHILE FOR SHAREHOLDERS NOT PRESENT AT THE MEETING, ANY WAIVER TO VOTE SHALL BE DISREGARDED AS VOTING RIGHTS FOR THE PURPOSE OF CALCULATING THE RESULTS OF RESOLUTIONS. If no direction is given, your proxy may vote or abstain at his discretion.
5. This form of proxy must be signed by you or your attorney duly authorized in writing. In the case of a corporation, the same must be either under its common seal or under the hand of its legal representative or duly authorised attorney. If the form of proxy is signed by an attorney of the shareholder, the power of attorney authorizing that attorney to sign or other document(s of authorisation must be notarized.
6. Where there are joint holders of any share, any one of such holders may vote, either personally or by proxy, in respect of such share as if he were solely entitled thereto, but if more than one of such joint holders be present at the meeting whether attending in person or by proxy, the vote of the person, whose name stands first on the register of members of the Company in respect of such share, whether in person or by proxy, will be accepted to the exclusion of the votes of the other joint holder(s).
7. In order to be valid, the form of proxy together with the power of attorney or other document(s) of authorisation (if any) must be deposited with Computershare Hong Kong Investor Services Limited, the H share registrar of the Company in Hong Kong, at 17M Floor, Hopewell Centre,183 Queen's Road East, Wan Chai, Hong Kong, not less than 24 hours before the time appointed for holding the Meeting (i.e. 9:00 a.m. on 7 June 2021) or 24 hours before the time appointed for the holding of any adjournment thereof, as the case may be. Completion and return of a form of proxy will not preclude a shareholder from attending and voting in person at the Meeting if he so wishes.
8. Shareholders or their proxies attending the Meeting shall produce their identity documents.