Impro Precision Industries : Form of Proxy for use at the Annual General Meeting of Impro Precision Industries Limited to be convened on Tuesday, 4 May 2021 at 10 a.m. ("AGM") (or any adjournment thereof)

Impro Precision Industries Limited ᜻౷ၚ੗ʈุϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 01286)

Form of Proxy for use at the Annual General Meeting of Impro Precision Industries Limited to be convened on Tuesday, 4 May 2021 at 10 a.m.

("AGM") (or any adjournment thereof)

I/We(Note 1)

of being the registered holder(s) of(Note 2) shares shares of HK$0.10 each (the "Shares") in the capital of Impro Precision Industries Limited (the "Company"), hereby appoint the Chairman of the

AGM or of

(Note 3)

as my/our proxy(Note 4) to act for me/us at the AGM (and at any adjournment thereof) of the Company to be held at Unit 803, Shui On Centre, 6-8 Harbour Road, Wanchai, Hong Kong, on Tuesday, 4 May 2021 at 10 a.m. for the purpose of considering and, if thought fit, passing the resolutions set forth in the notice convening the AGM and at the AGM, and at any adjournment thereof, to vote for me/us in my/our name(s) as indicated below in respect of such resolution and, if no such indication is given, as my/our proxy thinks fit.

ORDINARY RESOLUTIONS

FOR(Note 5)

AGAINST(Note 5)

• 1 To receive and consider the audited financial statements and report of the directors (the "Director(s)") of the Company and the auditors (the "Auditors") of the Company for the financial year ended 31 December 2020.

• 2 To declare a final dividend of HK 1.8 cents per Share for the year ended 31 December 2020.

  3 (A) (i) to re-elect Ms. WANG Hui, Ina as an executive Director;

  • (ii) to re-elect Mr. WANG Dong as an executive Director; and

  • (iii) to re-elect Mr. LEE Siu Ming as an independent non-executive Director;

  • (B) To authorise the board (the "Board") of Directors to determine the remuneration of the directors.

• 4 To re-appoint the Auditors and to authorise the Board to fix their remuneration.

5 (A) To grant an unconditional general mandate to the Directors to repurchase

Shares(Note 6);

• (B) To grant an unconditional general mandate to the Directors to allot and issue Shares(Note 6); and

• (C) To extend the general mandate granted to the Directors to issue Shares by the Shares repurchased(Note 6).

Signed this day of 2021.

Shareholder's signature(Notes 7 & 8)

Notes:

1. 2. 3.

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

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 such Shares registered in your name(s).

Please insert the name and address of the proxy desired in the space provided. Any alteration made to this form of proxy must be initialled by the person who signs it. If no name is inserted, the duly appointed Chairman of the AGM will set as your proxy.

4.

A proxy need not be the Chairman of the AGM. If you wish to appoint some person other than the Chairman of the AGM as your proxy, please delete the words "the Chairman of the AGM or" and insert the name and address of the person appointed proxy in the space provided.

5.

IMPORTANT: If you wish to vote for or against the resolution, please place a " " in the box marked "FOR" or the box marked "AGAINST" as appropriate. Failure to complete a box will entitle your proxy to cast your vote(s) or abstain at his discretion. Your proxy will also be entitled to vote or abstain at his discretion on any resolution properly put to the AGM other than that referred to in the notice convening the AGM.

6. The full text of these resolutions appear in the notice of the AGM dated Wednesday, 31 March 2021.

7.

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 duly authorised to sign the same.

8.

Where there are joint registered holders of any Share, any one of such joint holders may vote at the AGM, either in person or by proxy, in respect of such Shares as if he were solely entitled thereto, but if more than one of such joint holders are present at the AGM in person or by proxy, then one of the said persons so present whose name stands first on the register of members in respect of such Shares shall alone be entitled to vote in respect thereof.

9. A proxy need not be a member of the Company.

• 10. In order to be valid, this form of proxy and the power of attorney or other authority, if any, under which it is signed or a certified copy of such power of attorney or authority, must be deposited at the Company's branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, as soon as possible but in any event not less than 48 hours before the time appointed for the holding of the AGM (i.e. not later than Sunday, 2 May 2021 at 10 a.m. (Hong Kong time)) or any adjournment thereof. Completion and return of this form of proxy will not preclude you from attending and voting in person at the AGM or any adjournment thereof should you so wish.

PERSONAL INFORMATION COLLECTION STATEMENT

• (i) "Personal Data" in these statements has the same meaning as "personal data" in the Personal Data (Privacy) Ordinance, Chapter 486 of the Laws of Hong Kong ("PDPO").

• (ii) The supply of your Personal Data to the Company is on a voluntary basis and such data will be used for processing your instructions as stated in this form of proxy.

• (iii) Your Personal Data will not be transferred to any third parties (other than the Share Registrars of the Company) unless it is a requirement to so do by law, for example, in response to a court order or a law enforcement agency's request and will be retained for such period as may be necessary for our verification and record purposes.

• (iv) You and your appointed proxy have the right to request access to and/or to correct the respective Personal Data in accordance with the provisions of the PDPO. Any such request should be in writing addressed to the Personal Data Privacy Officer of Computershare Hong Kong Investor Services Limited at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong.