CITIC Limited — Capital/Financing Update 2017

Sep 4, 2017

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.

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OVERSEAS REGULATORY ANNOUNCEMENT

(This overseas regulatory announcement is issued pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited)

The following announcement is released by CITIC Envirotech Ltd. (a subsidiary of CITIC Limited) to Singapore Exchange Limited on 4 September 2017:-

CITIC Envirotech secured a RMB 315 million Hazardous Waste Treatment Project in Binzhou City, Shandong Province, China

Hong Kong, 4 September 2017

As at the date of this announcement, the executive directors of CITIC Limited are Mr Chang Zhenming (Chairman), Mr Wang Jiong, Ms Li Qingping and Mr Pu Jian; the non-executive directors of CITIC Limited are Mr Liu Yeqiao, Mr Song Kangle, Ms Yan Shuqin, Mr Liu Zhuyu, Mr Liu Zhongyuan and Mr Yang Xiaoping; and the independent non-executive directors of CITIC Limited are Mr Francis Siu Wai Keung, Dr Xu Jinwu, Mr Anthony Francis Neoh, Ms Lee Boo Jin, Mr Noriharu Fujita and Mr Paul Chow Man Yiu.

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CITIC ENVIROTECH LTD

(Company Registration Number: 200306466G)

=============================================================== CITIC Envirotech Secured a RMB 315 million Hazardous Waste Treatment Project in Binzhou City, Shandong Province, China

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The Board of Directors (“Board”) of CITIC Envirotech Ltd (“CEL”, “Group” or “Company”) is pleased to announce that the Group has secured a RMB 315 million hazardous waste treatment project in Binzhou City, Shandong Province.

The project involves the acquisition of 100% shareholding of Shandong Yunshui Jili Environment Protection Co., Ltd (“Yunshui”), which owns the licenses and land required for a hazardous waste treatment facility in Binzhou City. The consideration for the acquisition is RMB 55 million. CEL will invest an additional RMB 260 million for the construction and the completion of the facility.

The design capacity of the hazardous waste treatment facility will be 60,000 tons per year, which consists of an incineration plant, a physical-chemical treatment plant and a landfill, with treatment capacities of 20,000 tons per year for each plant. The project is targeted to be completed within 12 months.

Binzhou is a prefecture-level city in northern Shandong Province. The city is highly industrialized and is well known for its chemical and petrochemical, leather, textile, electrolytic aluminum, iron and steel industries.

Reduce, reuse and recycling of hazardous waste has become a great challenge for the China government with pressing need to tackle unauthorized hazardous waste disposal. Given the more stringent environmental regulations and favorable policy trend, the hazardous waste management market is poised to expand. This presents an excellent opportunity for CEL to demonstrate its capability and technologies in the hazardous waste management sector.

In December 2016, CEL secured a BOO project for hazardous waste management with the treatment capacity of 95,000 tons per year in Rizhao and in April 2016, CEL was awarded a BOT project by the local government for a 700 tons per day sludge treatment in Weifang, both of which are located in Shandong Province, China.

The capital injection of the above investment is from the proceeds of the issuance of the US$180,000,000 senior perpetual securities pursuant to its US$750,000,000 multicurrency perpetual securities issuance programme and bank financing.

The above acquisition of Yunshui valued at RMB 55 million does not constitute a discloseable transaction as defined in Chapter 10 of the Listing Manual of the SGX-ST.

The above investment has no material effect on the net tangible assets per share or earnings per share of the Company for the financial year ending 31 December 2017.

None of the directors or controlling shareholders of the Company has an interest, direct or indirect in the above Project.

BY ORDER OF THE BOARD

Lotus Isabella Lim Mei Hua Company Secretary

4 September 2017