The Board of China Everbright Limited announced that, on 13 May 2024, the Company has completed the issuance of the second tranche medium term notes for the year of 2024 (the "2024 Second Tranche Medium Term Notes"). The principal terms of the 2024 Second Tranche Medium Term Notes are as follows: RMB 4.5 billion (comprising of (i) RMB 1.5 billion for the first type of the 2024 Second Tranche Medium Term Notes (the "Type 1 Notes"); and (ii) RMB 3 billion for the second type of the 2024 Second Tranche Medium Term Notes (the "Type 2 Notes")). Maturity date: 13 May 2027 for the Type 1 Notes; and 13 May 2029 for the Type 2 Notes. The proceeds raised from the issuance of the 2024 Second
Tranche Medium Term Notes after deducting the
underwriting fees will be used for the repayment of the
maturing bonds of the Company in the PRC.