General Announcement::Maturity Date and Repayment of the First Tranche Super & Short-term Commercial Papers in the PRC

CHINA EVERBRIGHT WATER LIMITED

(Incorporated in Bermuda with limited liability)

(Company Reg. No: 34074)

MATURITY DATE AND REPAYMENT OF THE FIRST TRANCHE

SUPER & SHORT-TERM COMMERCIAL PAPERS IN THE PRC

1. Introduction
   Further to the announcement of China Everbright Water Limited (the "Company") dated 10 August 2021 relating to the issuance of the first tranche of RMB-denominated Super & Short-term Commercial Papers with a principal amount of RMB800,000,000 and a maturity period of 120 days (the "First Tranche SCPs") to institutional investors in the national inter-bank bond market of mainland China, the board of directors of the Company (the "Board") is pleased to announce that the maturity date of the First Tranche SCPs falls on 8 December 2021 (the "Maturity Date").
2. Repayment
   The Company will repay all of the outstanding First Tranche SCPs in full at its principal amount plus accrued interest on the Maturity Date. Upon completion of the repayment, there will not be any outstanding First Tranche SCPs.
3. Further Information
   The details in respect of the maturity date and repayment of the First Tranche SCPs will be available on the websites of Beijing Financial Assets Exchange (北京金融資產交易 所) at https://www.cfae.cn/, Shanghai Clearing House (上海清算所) at https://www.shclearing.com/ and China Foreign Exchange Trade System National Interbank Funding Center (中國外匯交易中心全國銀行間同業拆借中心) at http://www.chinamoney.com.cn/.

Shareholders and potential investors of the Company are advised to exercise

caution when dealing in the securities of the Company.

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IMPORTANT NOTICE

This announcement is for information purposes only and does not constitute or form a part of any offer, solicitation or invitation to sell, issue, purchase or subscribe for securities in any jurisdiction. No securities of or relating to the Company have been or will be registered under the securities laws of any jurisdiction. No public offering of securities will be made in any jurisdiction where such an offering is restricted or prohibited. No money, securities or other consideration is being solicited by this announcement or the information contained herein and, if sent in response to this announcement or the information contained herein, will not be accepted.

By Order of the Board

CHINA EVERBRIGHT WATER LIMITED

Peng Pei

Legal Counsel and Joint Company Secretary

Date: 1 December 2021

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