CITIC Limited — Capital/Financing Update 2018

Mar 26, 2018

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

Please refer to the attached document dated 26 March 2018 released by CITIC Envirotech Ltd. (a subsidiary of CITIC Limited) to Singapore Exchange Limited in relation to the following:-

Change – Change in Corporate Information: Proposed Placement of 83,216,080 New Ordinary Shares in the Capital of CITIC Envirotech Ltd. – Completion of Placement

Hong Kong, 26 March 2018

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, Mr Yang Xiaoping and Mr Wu Youguang; 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)

================================================================================ PROPOSED PLACEMENT OF 83,216,080 NEW ORDINARY SHARES IN THE CAPITAL OF CITIC ENVIROTECH LTD. – COMPLETION OF PLACEMENT

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1. The Board of Directors (“ Board ”) of CITIC Envirotech Ltd. (“ Company ”) refers to the announcements by the Company on (a) 28 December 2017, (b) 5 January 2018, (c) 28 February 2018, and (d) 19 March 2018 (collectively, the “ Placement Announcements ”) in relation to the proposed placement (“ Proposed Placement ”) of an aggregate of 83,216,080 new ordinary shares in the capital of the Company (“ Placement Shares ”) to New Resources LLC (“ Placee ”), pursuant to the terms and conditions of a placement agreement entered into between the Company and the Placee on 28 December 2017, as amended by an amendment letter dated 27 February 2018 (“ Placement Agreement ”). Unless otherwise defined, all capitalised terms used herein shall bear the same meaning as ascribed to them in the Placement Announcements.

2. Further to the Placement Announcements, the Board is pleased to announce that the completion of the Proposed Placement (“ Completion ”) has taken place today and the Placement Shares have been allotted and issued to the Placee, in accordance with the terms of the Placement Agreement. Following Completion, the issued share capital of the Company has increased from 2,284,973,276 Shares to 2,368,189,356 Shares.

3. The Placement Shares rank pari passu in all respects with and carry all rights and entitlements similar to the Shares existing as at the date of the Placement Agreement, except that they will not rank for any dividends, rights, allotments and/or other distributions or entitlements, accruing on a record date which falls on or before the date of the Placement Agreement.

4. The Placement Shares are expected to be listed and quoted on the SGX-ST with effect from 9.00 a.m. on or around 28 March 2018.

By Order of the Board

Lotus Isabella Lim Mei Hua Company Secretary

26 March 2018