CMON Limited — Governance Information 2023

May 18, 2023

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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瀋陽公用發展股份有限公司 Shenyang Public Utility Holdings Company Limited

(a joint stock limited company incorporated in the People’s Republic of China)

(Stock code: 747)

PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION

This announcement is made by Shenyang Public Utility Holdings Company Limited (the “ Company ”) pursuant to Rule 13.51(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

On 1 January 2022, the Listing Rules were amended by, among others, adopting a uniform set of 14 core standards for shareholder protections for issuers regardless of their place of incorporation set out in Appendix 3 to the Listing Rules. Accordingly, the board of directors of the Company (the “ Board ”) proposes to make certain amendments to the existing articles of association of the Company (the “ Articles of Association ”) to conform with the said core standards for shareholder protections and to incorporate other consequential and housekeeping amendments (the “ Proposed Amendments ”).

The Proposed Amendments are subject to the approval of the shareholders of the Company (the “ Shareholders ”) by passing a special resolution at the extraordinary general meeting of the Company to be held on 13 June 2023 (the “ EGM ”). The Proposed Amendments will become effective upon the approval by the Shareholders at the EGM. A circular containing, among other matters, details of the Proposed Amendments together with a notice convening the EGM will be despatched to the Shareholders in due course.

By Order of the Board Shenyang Public Utility Holdings Company Limited Zhang Jing Ming Chairman

Shenyang, the PRC, 18 May 2023

As at the date of this announcement, the executive directors of the Company are Mr. Zhang Jing Ming, Mr. Huang Chunfeng and Mr. Leng Xiao Rong; the non-executive directors of the Company are Mr. Chau Ting Yan and Mr. Yin Zong Chen; and the independent non-executive directors of the Company are Mr. Guo Lu Jin, Mr. Luo Zhuo Qiang and Ms. Gao Hong Hong.