00653 卓悦控股 展示文件：2. 独立董事委员会函件

25July2025

TotheIndependentShareholders

DearSirorMadam,

(1)PROPOSEDRIGHTSISUEONTHEBASISOFTHRE(3)RIGHTS

SHARESFOREVERYONE(1)EXISTINGSHAREHELDONTHERECORD

DATEONANON-UNDERWRITENBASIS;

(2)PLACINGOFNEWSHARESUNDERSPECIFICMANDATE;AND

(3)CONECTEDTRANSACTIONSINRELATIONTOTHEPOSIBLE

SUBSCRIPTIONANDTHESET-OFARANGEMENT

WerefertothecircularoftheCompanydated25July2025(the

‘

Circular

’

)ofwhichthisleter

formspart.Unlesthecontextspecifiesotherwise,capitalisedtermsusedhereinhavethesamemeanings

asdefinedintheCircular.

WehavebenapointedbytheBoardastheIndependentBoardComitetoadvisethe

IndependentShareholdersasto(i)whetherthetermsoftheRightsIsue,thePlacing,thePosible

SubscriptionandtheSet-ofArangementarefairandreasonableandintheinterestsoftheShareholders

andtheCompanyasawhole;and(i)howtovoteontheresolution(s)relatingtotheRightsIsue,the

Placing,thePosibleSubscriptionandtheSet-ofArangement.

---

TheIndependentFinancialAdviserhasbenapointedastheindependentfinancialadviserto

adviseusandtheIndependentShareholdersinthisrespect.Havingtakenintoacounthetermsofthe

RightsIsue,thePlacing,thePosibleSubscriptionandtheSet-ofArangement,andtheadvicefrom

theIndependentFinancialAdviser,weareoftheopinionthathetermsoftheRightsIsue,thePlacing,

thePosibleSubscriptionandtheSet-ofArangementareonormalcomercialterms,fairand

reasonablesofarastheCompanyandtheIndependentShareholdersareconcernedandintheinterests

oftheCompanyandtheShareholdersasawhole.Acordingly,werecomendyoutovoteinfavourof

theresolutionstobeproposedatheEGMtoaprovetheRightsIsue,thePlacing,thePosible

SubscriptionandtheSet-ofArangement.

Yoursfaithfuly,

TheIndependentBoardComite

Mr.KwokChiShingMr.LeKwunKwanMr.YanShermanChuek-ning

Independentnon-executive

Director

Independentnon-executive

Director

Independentnon-executive

Director

IBC

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