Beijing Enterprises Water Group Limited — Proxy Solicitation & Information Statement 2021

Nov 29, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this notice.

==> picture [62 x 59] intentionally omitted <==

==> picture [167 x 8] intentionally omitted <==

----- Start of picture text -----

(Incorporated in Bermuda with limited liability)
----- End of picture text -----

(Stock Code: 371)

NOTICE OF THE SPECIAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that a special general meeting (the “ SGM ” or “ Meeting ”) of Beijing Enterprises Water Group Limited (the “ Company ”) will be held at 66th Floor, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong on Monday, 20 December 2021 at 3:00 p.m. for the purpose of considering and, if thought fit, passing with or without amendments, the following resolution as an ordinary resolution of the Company. Capitalised terms used in this notice shall have the same meanings as those defined in the circular of the Company dated 30 November 2021, unless otherwise specified.

ORDINARY RESOLUTION

“ THAT:

• (a) the 2021 Supplemental Agreement in relation to provision of the Deposit Services (details of the 2021 Supplemental Agreement are set out in the Company’s circular dated 30 November 2021 (the “ Circular ”), copies of the 2021 Supplemental Agreement and the Circular have been tabled at the Meeting marked “A” and “B” respectively and signed by the chairman of the Meeting for the purpose of identification), and the transactions contemplated thereunder be hereby approved, confirmed and ratified;

• (b) the Revised Annual Caps be hereby approved and confirmed; and

1

• (c) the directors of the Company, acting together, individually or by committee, be and are hereby authorised to take such actions, do all such acts and things and execute all such further documents or deeds as they may consider necessary, appropriate, desirable or expedient for implementation of or giving effect to the 2021 Supplemental Agreement, the Revised Annual Caps and any of the transactions contemplated thereunder.”

On behalf of the Board Beijing Enterprises Water Group Limited Li Yongcheng Chairman

Hong Kong, 30 November 2021

Notes:

1. For determining the entitlement of the Shareholders to attend and vote at the SGM, the register of members of the Company will be closed from Wednesday, 15 December 2021 to Monday, 20 December 2021 (both days inclusive) during which period no transfer of the shares of the Company will be registered. In order to qualify for entitlement to attend and vote at the SGM, all properly completed transfer forms accompanied by the relevant share certificates must be lodged with the branch share registrar of the Company in Hong Kong, Tricor Tengis Limited at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong for registration no later than 4:30 p.m. on Tuesday, 14 December 2021.

2. Any member of the Company entitled to attend and vote at the SGM shall be entitled to appoint another person as his/her proxy to attend and vote instead of him/her. A member who is the holder of two or more shares entitled to attend and vote at the SGM is entitled to appoint more than one proxy to attend and vote instead of him/her. In case of a recognised clearing house, it may authorise such person(s) as it thinks fit to act as its representative(s) and/or proxy(ies) at the SGM and vote in its stead. A proxy need not be a member of the Company.

3. To be valid, a form of proxy and the power of attorney or other authority, if any, under which it is signed, or a notarially certified copy of such power of attorney or authority, must be lodged with the branch share registrar of the Company in Hong Kong, Tricor Tengis Limited at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong not less than 48 hours before the time fixed for holding the SGM. Forms of proxy returned electronically or by any other data transmission process will not be accepted.

4. Completion and return of the proxy form in respect of the proposed ordinary resolution for the SGM will not preclude a member from attending and voting in person at the SGM (or any adjournment thereof) should he/she so wishes and in such event, the proxy form for the SGM will be deemed to have been revoked.

2

1. If Typhoon Signal No. 8 or above, or “extreme conditions” caused by super typhoons, or a “black” rainstorm warning is in effect any time after 12:00 noon on the date of the SGM, the Meeting will be postponed. The Company will post an announcement on the website of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the website of the Company (www.bewg.net) to notify Shareholders of the date, time and place of the rescheduled meeting.

2. As at the date of this notice, the executive Directors are Mr. Li Yongcheng (Chairman), Mr. Jiang Xinhao, Mr. Zhou Min (Chief Executive Officer), Mr. Li Haifeng, Mr. Zhang Tiefu, Mr. Ke Jian, Ms. Sha Ning, Mr. Tung Woon Cheung Eric and Mr. Li Li; and the non-executive Director is Mr. Zhao Feng; and the independent non-executive Directors are Mr. Shea Chun Lok Quadrant, Mr. Zhang Gaobo, Mr. Guo Rui, Mr. Wang Kaijun and Mr. Chau On Ta Yuen.

3