Dynagreen Environmental Protection Group Co., Ltd. — Capital/Financing Update 2021

Aug 6, 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.

綠色動力環保集團股份有限公司

Dynagreen Environmental Protection Group Co., Ltd.*

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

(Stock Code: 1330)

NOTICE OF H SHARES CLASS MEETING

NOTICE IS HEREBY GIVEN that the class meeting of H shareholders (the “ H Shares Class Meeting ”) of Dynagreen Environmental Protection Group Co., Ltd. (the “ Company ”) will be held at Complex of Beijing Dynagreen Environment Co., Ltd. (北京綠 色動力環保有限公司), Cailin Road, Yujiawu Township, Tongzhou District, Beijing on Tuesday, 24 August 2021 immediately following the conclusion of the extraordinary general meeting and the class meeting of A shareholders of the Company to be convened and held on the same date and at the same place for the purposes of considering and, if thought fit, passing (with or without modifications) the following resolutions.

SPECIAL RESOLUTIONS

1. To consider and approve the plan of the public issuance of A Share Convertible Corporate Bonds by the Company (the following resolutions to be voted item by item):

2. 1.1. Type of securities to be issued;

3. 1.2. Size of issuance;

4. 1.3. Par value and issue price;

5. 1.4. Term;

6. 1.5. Coupon rate;

7. 1.6. Method and timing of interest payment and repayment of the principal;

8. 1.7. Conversion period;

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• 1.8. Security;

• 1.9. Determination and adjustment of the conversion price;

• 1.10. Terms of downward adjustment to conversion price;

• 1.11. Method of determining the number of shares for conversion;

• 1.12. Terms of redemption;

• 1.13. Terms of sale back;

• 1.14. Entitlement to dividend in the year of conversion;

• 1.15. Method of the issuance and target subscribers;

• 1.16. Subscription arrangement for the existing A Shareholders;

• 1.17. Bond holders and bond holders’ meeting;

• 1.18. Use of proceeds;

• 1.19. Management of proceeds and deposit account;

• 1.20. Validity period of the plan for A Share Convertible Corporate Bonds; and

• 1.21. Trustee manager.

• To consider and approve the proposal in respect of the public issuance of A Share Convertible Corporate Bonds of the Company.

• To consider and approve the authorisation to the Board or its authorised persons to exercise in full the power to deal with specific matters relating to the Company’s public issuance of A Share Convertible Corporate Bonds.

By Order of the Board Dynagreen Environmental Protection Group Co., Ltd.* Qiao Dewei

Chairman

Shenzhen, the PRC 6 August 2021

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Notes:

1. Shareholders’ circular

For details, please refer to the circular of the Company dated 6 August 2021. Unless otherwise defined, the capitalised terms used herein shall have the meanings defined in the circular of the Company dated 6 August 2021.

2. Persons who are entitled to attend the H Shares Class Meeting

Holders of the H Shares whose names appear on the register of holders of H Shares of the Company, on Wednesday, 18 August 2021 (“ Eligible Shareholders ”) or their representatives are entitled to attend the H Shares Class Meeting after completion of the required registration procedures in accordance with Note 4 “Registration procedures for attending the H Shares Class Meeting”.

3. Proxy

• 3.1. A member eligible to attend and vote at the H Shares Class Meeting may appoint one or more proxies in writing to attend and vote on his behalf. A proxy need not be a shareholder of the Company.

• 3.2. The instrument appointing a proxy must be signed by the appointor or his attorney duly authorized in writing. If that instrument is signed by an attorney of the appointor, the power of attorney authorising that attorney to sign or other document of authorisation must be notarised.

• 3.3. To be valid, the completed form of proxy and notarised power of attorney must be delivered to the place of business of the Company or the Company’s H Share registrar, Tricor Investor Services Limited, at Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong not less than 24 hours before the time designated for holding the H Shares Class Meeting. Completion and delivery of the form of proxy will not preclude you from attending and voting at the H Shares Class Meeting if you so wish.

• 3.4. A shareholder or his proxy may exercise the right to vote by poll.

4. Registration procedures for attending the H Shares Class Meeting

• 4.1. For the purpose of ascertaining holders of H Shares who are entitled to attend and vote at the EGM and H Shares Class Meeting, holders of H Shares shall lodge their share certificates accompanied with the transfer documents to the H Share Registrar of the Company, Tricor Investor Services Limited (address: Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong) before 4:30 p.m. (Hong Kong time) on Wednesday, 18 August 2021, being the last share registration date.

• 4.2. A shareholder or his proxy shall produce proof of identity when attending the H Shares Class Meeting. If a shareholder is a legal person, its legal representative or other person authorised by the board of directors or other governing body of such shareholder may attend the H Shares Class Meeting by providing a copy of the resolution of the board of directors or other governing body of such shareholder appointing such person to attend the meeting.

• 4.3. Shareholders intending to attend the H Shares Class Meeting shall lodge the reply slip and the related documents indicating their intention to attend the H Shares Class Meeting with the Company on or before Friday, 13 August 2021.

• 4.4. Shareholders may lodge the reply slip with the Company or the Company’s H Share registrar in person, by post, or by fax.

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5. Miscellaneous

• 5.1. The H Shares Class Meeting will not last for more than half a day. Shareholders who attend the meeting in person or by proxy shall bear their own travelling and accommodation expenses.

• 5.2. The address of the Company’s H Share registrar, Tricor Investor Services Limited, is:

Level 54, Hopewell Centre, 183 Queen’s Road East, Hong Kong

• 5.3. The address of the registered office of the Company is:

2nd Floor, Jiuzhou Electronic Building, Keji South 12th Street, Nanshan District, Shenzhen, The People’s Republic of China Post Code: 518057 Telephone No.: (+86) 755 3363 1256 Fax No.: (+86) 755 3363 1220

As at the date of this announcement, the executive Directors of the Company are Mr. Qiao Dewei, Mr. Hu Shengyong and Ms. Zhong Xia; the non-executive Directors of the Company are Mr. Liu Shuguang, Mr. Cheng Suning and Mr. Zhang Zhenhai; and the independent non-executive Directors of the Company are Mr. Ou Yuezhou, Ms. Fu Jie and Mr. Xie Lanjun.

• For identification purposes only

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