CITIC Limited — Share Issue/Capital Change 2018

Jan 4, 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 4 January 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: Increase in Shareholding Interest in United Envirotech Water (Changyi) Co., Ltd

Hong Kong, 4 January 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 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)

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Increase In Shareholding Interest In United Envirotech Water (Changyi) Co., Ltd

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The Board of Directors (“Board”) of CITIC Envirotech Ltd (“CEL”, “Group” or “Company”) wishes to announce that the Company has entered into an agreement to acquire an additional 15% share capital of its subsidiary, United Envirotech Water (Changyi) Co., Ltd (“Changyi Co”) from its existing minority shareholder for a consideration of RMB 32,474,404.97. CEL will own 100% of Changyi Co post acquisition. The purchase consideration is arrived at based on the net asset value of Changyi Co.

Changyi Co currently owns and operates 5 industrial wastewater treatment plants in Changyi City, Shandong Province, with a total design capacity of 200,000 m3/day.

The above acquisition of Changyi Co valued at RMB 32,474,404.97 does not constitute a discloseable transaction as defined in Chapter 10 of the Listing Manual of the SGX-ST.

The capital injection for the above acquisition will be from the proceeds of the issuance of the SGD 240,000,000 perpetual capital securities in 2017 pursuant to its US$1,500,000,000 multicurrency perpetual securities issuance programme.

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 2018.

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 January 2018