Alco : Form of Proxy for Use at 2020 Annual General Meeting

(Incorporated in Bermuda with limited liability)

Website: http://www.alco.com.hk

(Stock Code: 328)

FORM OF PROXY FOR USE AT ANNUAL GENERAL MEETING

I/We (note 1)

of

being the registered holder(s) of (note 2)		shares of HK$0.10 each
in the capital of Alco Holdings Limited (the "Company") hereby appoint (note 3)

of

or failing him, the duly appointed Chairman of the Meeting, as my/our proxy, to vote for me/us and on my/our behalf at the Annual General Meeting of the Company to be held at 11/F, Metropole Square, 2 On Yiu Street, Sha Tin, New Territories, Hong Kong on Thursday, 27 August 2020 at 11:00 a.m. and at any adjournment thereof on the undermentioned resolutions as indicated and if no such

indication is given as my/our proxy thinks fit:

		ORDINARY RESOLUTIONS			FOR (note 4)	AGAINST (note 4)
1.	To receive and consider the audited consolidated financial statements and the reports
	of the directors and auditor for the year ended 31 March 2020.
2.	(i)	To re-elect Mr LEUNG Kam Fai, Peter as Director.
	(ii) To re-elect Mr LIU Hoi Keung as Director.
	(iii) To authorise the Board of Directors to fix the Directors' remuneration.
3.	To appoint Auditor and to authorise the Board of Directors to fix the Auditor's
	remuneration.
4.	To grant an unconditional general mandate to the Directors to allot, issue and deal
	with additional shares of the Company.
5.	To grant an unconditional general mandate to the Directors to repurchase shares of
	the Company.
Dated this:		day of		2020	Signature (note 5) :

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 registered in your name(s). 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. Please insert the name and address of the proxy desired. IF NO NAME IS INSERTED, THE CHAIRMAN OF THE MEETING WILL ACT AS YOUR
   PROXY.
4. IMPORTANT: IF YOU WISH TO VOTE FOR A RESOLUTION, TICK IN THE RELEVANT BOX MARKED "FOR". IF YOU WISH TO VOTE AGAINST A RESOLUTION, TICK IN THE RELEVANT BOX MARKED "AGAINST". Failure to complete the boxes will entitle your proxy to cast his vote at his discretion.
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 common seal or under the hand of an officer or attorney duly authorised.
6. If more than one of the joint holders be present at the meeting personally or by proxy, that one of the said persons so present whose name stands first on the register in respect of the relevant shares shall alone be entitled to vote in respect thereof.
7. To be valid, this form of proxy, together with the power of attorney (if any) or other authority (if any) under which it is signed or a notarially certified copy of that power or authority thereof, must be deposited with the Company Secretary at the Company's principal place of business in Hong Kong at, 11/F, Metropole Square, 2 On Yiu Street, Sha Tin, New Territories, Hong Kong not less than 48 hours before the time for holding the meeting or adjourned meeting thereof.
8. The proxy need not be a member of the Company but must attend the meeting in person to represent you.
9. Completion and deposit of the form of proxy will not preclude you from attending and voting at the meeting if you so wish.
10. Any alterations made in this form of proxy must be initialed by the person who signs it.