Taizhou Water : FORM OF PROXY FOR ANNUAL GENERAL MEETING TO BE HELD ON 23 JUNE 2021

Domestic Shares/ H Shares of Taizhou Water (Note 2) hereby appoint the chairman of the meeting (Note 3), or

I/We

of (address)

being the holder(s) of

Group Co., Ltd.* (台州市水務集團股份有限公司) (the "Company") (name)

of (address)

as my/our proxy to attend the annual general meeting (the "AGM") to be held at Conference Room, Taizhou Water Group Co., Ltd., No. 308 Yin Quan Road, Xicheng Street, Huangyan District, Taizhou, Zhejiang Province, the PRC at 2:30 p.m. on Wednesday, 23 June 2021 or any of its adjourned meeting on my/our behalf, and to vote on the following resolutions as set out in the notice of AGM as hereunder indicated, or if no instruction is given, my/our proxy may vote at his/her own discretion. Unless the context otherwise requires, capitalised terms used in this form shall have the same meanings as defined in the circular dated 22 April 2021 (the "Circular").

(Note 1)

Taizhou Water Group Co., Ltd.*

台州市水務集團股份有限公司

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1542)

FORM OF PROXY FOR ANNUAL GENERAL MEETING TO BE HELD ON 23 JUNE 2021

		Ordinary Resolutions (Note 4)	For (Note 5)	Against(Note 5)	Abstain (Note 5)
1.	To receive, consider and approve the report of the Board for the
	year ended 31 December 2020.
2.	To receive, consider and approve the report of the Supervisory
	Committee for the year ended 31 December 2020.
3.	To receive, consider and approve the auditor 's report, audited
	financial statements and annual report of the Company for the
	year ended 31 December 2020.
4.	To receive, consider and approve the final financial accounts
	for the year ended 31 December 2020 and the financial budget
	for the year ending 31 December 2021.
5.	To consider and approve the Company's profit distribution
	plan and declaration of final dividends for the year ended 31
	December 2020.
6.	To consider and approve the re-appointment of Ernst & Young
	as the international auditor of the Company to hold office until
	the conclusion of the next annual general meeting of the
	Company, and to authorise the Board to fix its remuneration.
7.	To consider and approve the re-appointment of Pan-China
	Certified Public Accountants LLP as the domestic auditor of the
	Company to hold office until the conclusion of the next annual
	general meeting of the Company, and to authorise the Board to
	fix its remuneration.
8.	To consider and approve the resolutions for the election of new
	session of the Board.
	8.1	To consider and approve the re-appointment of Mr.
		Yang Jun as an executive Director for the fifth session
		of the Board and authorise the Board to determine his
		remuneration.

Ordinary Resolutions (Note 4)

For (Note 5)

Against(Note 5)

Abstain (Note 5)

8.2 To consider and approve the re-appointment of Mr. Zhang Junzhou as an executive Director for the fifth session of the Board and authorise the Board to determine his remuneration.

8.3	To consider and approve the re-appointment of Mr.
	Wang Haibo as a non-executive Director for the fifth
	session of the Board and authorise the Board to
	determine his remuneration.
8.4	To consider and approve the re-appointment of Mr.
	Wang Haiping as a non-executive Director for the fifth
	session of the Board and authorise the Board to
	determine his remuneration.
8.5	To consider and approve the re-appointment of Ms.
	Fang Ya as a non-executive Director for the fifth session
	of the Board and authorise the Board to determine her
	remuneration.
8.6	To consider and approve the re-appointment of Mr. Yu
	Yangbin as a non-executive Director for the fifth
	session of the Board and authorise the Board to
	determine his remuneration.
8.7	To consider and approve the re-appointment of Ms.
	Huang Yuyan as a non-executive Director for the fifth
	session of the Board and authorise the Board to
	determine her remuneration.
8.8	To consider and approve the re-appointment of Mr.
	Yang Yide as a non-executive Director for the fifth
	session of the Board and authorise the Board to
	determine his remuneration.
8.9	To consider and approve the re-appointment of Mr.
	Guo Dingwen as a non-executive Director for the fifth
	session of the Board and authorise the Board to
	determine his remuneration.
8.10	To consider and approve the re-appointment of Mr. Sun
	Hua as a non-executive Director for the fifth session of
	the Board and authorise the Board to determine his
	remuneration.
8.11	To consider and approve the re-appointment of Mr.
	Zheng Jianzhuang as an independent non-executive
	Director for the fifth session of the Board and authorise
	the Board to determine his remuneration.
8.12	To consider and approve the re-appointment of Ms. Lin
	Suyan as an independent non-executive Director for
	the fifth session of the Board and authorise the Board to
	determine her remuneration.
8.13	To consider and approve the re-appointment of Ms.
	Hou Meiwen as an independent non-executive Director
	for the fifth session of the Board and authorise the
	Board to determine her remuneration.

8.14 To consider and approve the re-appointment of Mr. Li Wai Chung as an independent non-executive Director for the fifth session of the Board and authorise the Board to determine his remuneration.

				Ordinary Resolutions (Note 4)		For (Note 5)	Against(Note 5)	Abstain (Note 5)
	8.15		To consider and approve the re-appointment of Mr.
				Wang Yongyue as an independent non-executive
				Director for the fifth session of the Board and authorise
				the Board to determine his remuneration.
9.	To consider and approve the resolutions for the election of new
	session of the Supervisory Committee.
	9.1		To consider and approve the re-appointment of Ms. Lin
				Ying as a Shareholder representative Supervisor for the
				fifth session of the Supervisory Committee.
	9.2		To consider and approve the re-appointment of Mr. Lu
				Huaping as a Shareholder representative Supervisor
				for the fifth session of the Supervisory Committee.
	9.3		To consider and approve the re-appointment of Mr.
				Chen Tao as a Shareholder representative Supervisor
				for the fifth session of the Supervisory Committee.
10.	To consider and approve the remuneration program for the
	members of the fifth session of the Board and Supervisory
	Committee.
11.	To consider and approve the injection of capital to Taizhou
	South Bay Water Supply.
12.	To consider and approve the proposed application by the
	Company to Agricultural Bank of China Co., Ltd., Taizhou
	Branch for a credit facility not exceeding RMB650 million, and
	approve any executive Director to handle all relevant matters in
	relation to the banking credit facility.
13.	To consider and approve the proposed application by the
	Company to Bank of Communications Co., Ltd., Taizhou
	Branch for a credit facility not exceeding RMB100 million, and
	approve any executive Director to handle all relevant matters in
	relation to the banking credit facility.
14.	To consider and approve the proposed application by the
	Company to Industrial and Commercial Bank of China Co.,
	Ltd., Taizhou Huangyan Sub-branch for a credit facility not
	exceeding RMB50 million, and approve any executive Director
	to handle all relevant matters in relation to the banking credit
	facility.
				Special Resolution (Note 4)
15.	To consider and approve the proposed amendments to the
	Articles of Association.
Dated this			day		of 2021.	Signature (Note 6):

Notes:

1. Please fill in your full name and address as shown on the register of members of the Company in capital letters.
2. Please fill in the number of Shares registered under your name in respect of this proxy form. If the number of Shares is not filled, then the proxy form will be deemed to be related to all the Shares registered under your name.
3. If a person other than the chairman of the AGM is intended to be appointed as a proxy, please strike off the words "the chairman of the meeting or" and fill in the name and address of the person whom you intend to appoint in the blank space. A Shareholder who is eligible to attend and vote shall be entitled to appoint one or more proxies to attend and vote at the meeting on his/her behalf, such proxy needs not be a Shareholder. Any one of the joint Shareholders may sign the proxy form. If more than one of the joint Shareholders attend the meeting in person or by proxy, the vote cast by the most senior joint Shareholder, whether in person or by proxy, shall be accepted as the sole vote cast on behalf of the remaining joint Shareholders. For this purpose, the order of seniority shall be determined by the listing order of the names of the joint Shareholders appearing in the register of members of the Company.
4. Ordinary resolutions must be passed by more than half of the Shareholders (including proxies) who are holders (including proxies) of Shares with voting power and attending the AGM. Special resolution must be passed by more than two-thirds of the Shareholders (including proxies) who are holders (including proxies) of Shares with voting power and attending the AGM.
5. If you wish to vote for any resolution, please add a "✓" in the box denoted as "For"; if you wish to vote against any resolution, please add a "✓" in the box denoted as "Against"; if you wish to abstain from voting on any resolution, please add a "✓" in the box denoted as "Abstain". The abstention votes or abstention from voting will not be counted in the voting result when the votes of that item is counted by the Company. If no instruction is given, the proxy may vote at his/her own discretion. Any amendment to each of the items on this proxy form shall be signed by the signatory to confirm.
6. The instrument appointing a proxy shall be in writing under the hand of the appointor or his attorney duly authorised in writing. If the Shareholder is a legal entity, then the relevant appointing document must be either under seal or under the hand of its director(s) or attorney duly authorised. If the instrument appointing a proxy is signed by a person duly authorised by the Shareholder, the powers of attorney or other instruments of authorisation shall be notarised.
7. The proxy form together with the power of attorney or other authorisation documents, if any, or such notarised power of attorney or authorisation documents must be delivered to the Company's H Share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wan Chai, Hong Kong (for holders of H Shares), or the Company's registered office in the PRC at No. 308 Yin Quan Road, Xicheng Street, Huangyan District, Taizhou, Zhejiang Province, the PRC (for holders of Domestic Shares) not later than 24 hours before the time appointed for the holding of the AGM (i.e. before 2:30 p.m. on Tuesday, 22 June 2021) or any adjourned meeting.
8. The proxy who attend the AGM on behalf of a Shareholder shall produce his/her own identity documents and the proxy signed by the appointer or legal representative of the appointer, and the proxy shall be dated to indicate of date of issuance. If the legal representative of a legal entity which is a Shareholder is appointed to attend the meeting, the legal representative shall produce his/her personal identity certification and a notarised certified copy of the resolution of the board of directors or other institution of authority of the legal entity appointing the legal representative or other certified true copies permitted by the Company.
9. After completion and return of the proxy form, you may still attend and vote at the AGM or any adjournment thereof in person if you so wish.

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 annual general meeting of the Company (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 for use in connection with the Purposes 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. Request for access to and/or correction of the relevant personal data can be made in accordance with the provisions of the Personal Data (Privacy) Ordinance and any such request should be in writing by mail to the Personal Data Privacy Officer, Computershare Hong Kong Investor Services Limited, 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong.

• For identification purposes only.