New City Development Group Limited — Board/Management Information 2016

Nov 10, 2016

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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CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司

(Incorporated in Hong Kong with limited liability) (Stock Code : 257)

CHANGE IN DIRECTORS

Resignation of Director

The board of directors (the “ Board ”) of China Everbright International Limited (the “ Company ”) announces that due to change of job, Mr. Liu Jun has resigned as the Vice-chairman and Executive Director of the Company and a member of the Remuneration Committee of the Company with effect from 10 November 2016.

Mr. Liu has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company, and that he has no disagreement with the Board.

Mr. Liu has demonstrated dedication and diligence in serving the Company during his tenure of directorship. The Board would like to express its gratitude to Mr. Liu for his valuable contributions to the Company.

Appointment of Director

The Board is pleased to announce that Mr. Cai Yunge has been appointed as the Vice-chairman and Executive Director of the Company and a member of the Remuneration Committee of the Company with effect from 10 November 2016.

Mr. Cai Yunge, aged 44, is the Deputy General Manager of China Everbright Group Limited, the Vice-chairman and General Manager of China Everbright Holdings Company Limited, and an Executive Director and Vice-chairman of China Everbright Limited (the shares of which are listed on The Stock Exchange of Hong Kong Limited). He holds a master degree in Business Administration from The University of Warwick, UK and a doctoral degree in Economics from the Financial Research Institute of the People’s Bank of China. He holds the title of Senior Economist.

Before joining the Company, Mr. Cai has served as the Secretary to the board and General Manager of Executive Office of China Everbright Bank Company Limited, Deputy Chief of the Development and Reform Commission of Guangdong Province, and Division Chief of

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the General Office and Deputy Division Chief of Banking Supervisory Department II of the China Banking Regulatory Commission.

Save as disclosed above, Mr. Cai did not hold any other directorship in any listed company during the past three years. As at the date of the announcement, Mr. Cai does not have any interest in the shares of the Company within the meaning of Part XV of the SFO. Save as disclosed above, Mr. Cai is not connected to any director, senior management or substantial or controlling shareholders of the Company.

Pursuant to the appointment letter entered into between the Company and Mr. Cai, there is no specific term of appointment of Mr. Cai. However, he is subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the Articles of Association of the Company. There is no agreement in respect of the director’s remuneration.

Save as disclosed above, the Board is not aware of any other matters or information that need to be brought to the attention of the shareholders of the Company or to be disclosed pursuant to Rule 13.51(2) of the Listing Rules in relation to the aforesaid appointment of director.

The Board would like to express its warmest welcome to Mr. Cai in joining the Board.

By Order of the Board China Everbright International Limited Chen Xiaoping Chief Executive Officer

Hong Kong, 10 November 2016

As at the date of this announcement, the Board comprises: (i) six executive directors, namely Mr. Tang Shuangning (Chairman), Mr. Cai Yunge (Vice-chairman), Mr. Chen Xiaoping (Chief Executive Officer), Mr. Wang Tianyi, Mr. Wong Kam Chung, Raymond and Mr. Cai Shuguang; and (iii) four independent non-executive directors, namely Mr. Fan Yan Hok, Philip, Mr. Mar Selwyn, Mr. Li Kwok Sing, Aubrey and Mr. Zhai Haitao.

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