China Everbright Greentech Limited — Capital/Financing Update 2021

Jul 29, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities nor is it calculated to invite any such offer or invitation. In particular, this announcement does not constitute and is not an offer to sell or an invitation or a solicitation of any offer to buy or subscribe for any securities in Hong Kong, the United States of America or elsewhere.

==> picture [130 x 40] intentionally omitted <==

CHINA EVERBRIGHT GREENTECH LIMITED 中國光大綠色環保有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1257)

INSIDE INFORMATION COMPLETION OF ISSUANCE OF

2021 GREEN MEDIUM-TERM NOTES (SERIES 1) (BOND CONNECT/CARBON-NEUTRAL BOND/ RURAL VITALIZATION) IN THE PRC

This announcement is made by China Everbright Greentech Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

References are made to (i) the announcement of the Company dated 1 April 2020 in relation to the application to the National Association of Financial Market Institutional Investors (the ‘‘NAFMII’’) for registration and proposed issue of medium-term notes in an aggregate principal amount of not more than RMB3.5 billion (equivalent to approximately HK$3.8 billion) (the ‘‘Proposed Medium-term Notes Issue’’) in the national inter-bank bond market; (ii) the announcement of the Company dated 20 May 2020 in relation to the receipt of Notice of Registration Acceptance issued by NAFMII for the Proposed Medium-term Notes Issue; and (iii) the announcement of the Company dated 12 June 2020 in relation to the completion of issuance of the 2020 first

– 1 –

tranche medium-term notes with a principal amount of RMB1 billion to institutional investors in the national inter-bank bond market (collectively, the ‘‘Announcements’’). Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

The Board is pleased to announce that the Company has completed the issuance of the second tranche of medium-term notes of the Company, namely the 2021 Green Medium-term Notes (Series 1) (Bond Connect/Carbon-neutral Bond/Rural Vitalization) (the ‘‘2021 Green Medium-term Notes (Series 1) (Bond Connect/Carbon-neutral Bond/Rural Vitalization)’’) on 27 July 2021. The principal terms of the 2021 Green Medium-term Notes (Series 1) (Bond Connect/Carbon-neutral Bond/Rural Vitalization) are as follows:

Issuer: The Company Principal amount: RMB1 billion Interest commencement 28 July 2021 date: Maturity period: 3 + 2 years Repayment date: 28 July 2026 Denomination/issue price: RMB100 per note Repayment price: At face value Coupon rate: For the first 3 years, 3.5% per annum The Company shall be entitled to adjust the coupon rate of the 2021 Green Medium-term Notes (Series 1) (Bond Connect/Carbon-neutral Bond/Rural Vitalization) at the third anniversary of the issuance date. The adjusted coupon rate shall remain unchanged for the last 2 years Sell back right: The investors shall be entitled to sell all or part of the 2021 Green Medium-term Notes (Series 1) (Bond Connect/ Carbon-neutral Bond/Rural Vitalization) back to the Company after the Company publishes an announcement on the exercise of the investors’ sell back option at the third anniversary of the issuance date

– 2 –

Issue method:

Everbright Securities Company Limited acted as the lead underwriter and Industrial and Commercial Bank of China Limited acted as the joint lead underwriter for the 2021 Green Medium-term Notes (Series 1) (Bond Connect/ Carbon-neutral Bond/Rural Vitalization) which was publicly offered on the national inter-bank bond market by way of a book-building exercise

Use of funds:

The proceeds from issuance of the 2021 Green Medium-term Notes (Series 1) (Bond Connect/Carbon-neutral Bond/Rural Vitalization) will be used for repayment of project loans of relevant agricultural and forestry biomass projects

An announcement in respect of the issuance of the 2021 Green Medium-term Notes (Series 1) (Bond Connect/Carbon-neutral Bond/Rural Vitalization) has been published on the websites of China Foreign Exchange Trade System National Interbank Funding Center (中國外匯交易中心全國銀行間同業拆借中心) (www.chinamoney.com.cn) and Shanghai Clearing House (上海清算所) (www.shclearing.com) respectively.

By Order of the Board

China Everbright Greentech Limited QIAN Xiaodong Executive Director and Chief Executive Officer

Hong Kong, 29 July 2021

As at the date of this announcement, the members of the Board comprise:

• Mr. WANG Tianyi (Chairman, non-executive Director)

• Mr. QIAN Xiaodong (Chief Executive Officer, executive Director)

• Mr. YANG Zhiqiang (Vice President, executive Director)

• Mr. LO Kam Fan (Chief Financial Officer, executive Director)

• Ms. GUO Ying (Non-executive Director)

• Mr. SONG Jian (Non-executive Director)

• Mr. CHOW Siu Lui (Independent non-executive Director)

• Mr. Philip TSAO (Independent non-executive Director)

• Prof. YAN Houmin (Independent non-executive Director)

– 3 –