Investor Presentaiton

Corporate Governance Comparison Majority Board Entrenchment . Mr. Zhao holds 12.3% of the Company • Independent Directors Prior Company Equity Financing • . Three independent board directors • Former Executives Mr. Sun and Mr. Strutt, including Mr Sun's cousin, collectively hold 30% of the Company Mr. Zhihe Mah, the proposed nominee from Mr. Strutt and Sun, is a former employee and not truly independent Mr. Zhao has written to Mr. Sun previously of the need to attract capital and reduce leverage Steadfastly refused to sell shares or issue shares to third parties in the past Other Governance • None Issues YINGDE GASES GROUP COMPANY LIMITED 盈德氣體集團有限公司 Questionable cash advances to Mr. Sun Undisclosed competing interests • Disclosing corporate info and board deliberations for use in proxy 19

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