Investor Presentaiton

Situation Recap • • • Prior to November 2016, Yingde's share price declined sigificantly along with all major operating metrics - Some macroeconomic headwinds, but also over expansion and over-leveraged Issues in relationship between key customers and prior management led to disputes idling roughly 10% of the Group's oxygen production capacity November 5, 2016: After careful deliberation, a majority of the Board, including all independent non-executive directors, voted to remove Mr. Sun and Mr. Strutt from executive roles. - Originwater had previously acquired 4.2% of shares on market; Mr. He joined the board first in 2013 At end October 2016, Company had less than US$12MM offshore. PRC currency controls were simultaneously tightening. After seeking terms from a number of private investors, Board agreed to raise HK$1.2 Bn of proceeds from placing equity to Originwater (at 3.2% premium to last trade) to replace CDB loan December 12, 2016: Entities affiliated with Mr. Sun & Mr. Strutt raised requisition to remove Mr. Zhao and other executive directors of the Company December 29, 2016: Air Products submitted an unsolicited offer to the Company at a price of HK$5.5 – 6.0 per share • January 9, 2017: Board announces termination of Originwater placing • • January 19, 2017: Entities affiliated with Chairman Zhao requisitioned an EGM to remove Mr. Sun and Mr. Strutt as directors February 6, 2017: To avoid unnecessary speculation, Majority Board publishes announcement clarifying it will not issue new shares, unless shareholders in the future approved such issuance by a specific or general mandate YINGDE GASES GROUP COMPANY LIMITED 盈德氣體集團有限公司 8

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