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.

(a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 01088)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.

The "Announcement Regarding Resolutions at the 6th Meeting of the Fifth Session of the Board and the Change of Senior Management" as published in Chinese on the website of the Shanghai Stock Exchange (www.sse.com.cn) on 27 March 2021 is enclosed hereto as overseas regulatory announcement.

By order of the Board China Shenhua Energy Company Limited Huang Qing Secretary to the Board of Directors

Beijing, 26 March 2021

As at the date of this announcement, the Board comprises the following: Mr. Wang Xiangxi, Mr. Yang Jiping and Mr. Xu Mingjun as executive directors, Mr. Jia Jinzhong as non-executive director, Dr. Yuen Kwok Keung, Dr. Bai Chong-En and Dr. Chen Hanwen as independent non-executive directors, and Mr. Wang Xingzhong as employee director.

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Stock Code: 601088 Stock Short Name: China Shenhua No. of Announcement: Lin 2021-013

China Shenhua Energy Company Limited Announcement Regarding Resolutions at the 6th Meeting of the Fifth Session of the Board and the Change of Senior Management

The board of directors and all directors of China Shenhua Energy Company Limited guarantee that the information set out in this announcement does not contain any false statements, misleading representations or material omissions, and severally and jointly accept responsibility as to the truthfulness, accuracy and completeness of the content herein.

The sixth meeting of the fifth session of the board of directors (the “Board”) of China Shenhua Energy Company Limited (the “Company” or “China Shenhua”), with the notice of meeting served on 11 March 2021 by email and paperless office system to all directors and supervisors, and meeting materials such as agenda and proposals served on 17 March, was held by way of on-site meeting and teleconference at No. 22 Xibinhe Road, Andingmen, Dongcheng District, Beijing on 26 March 2021. Eight out of the eight eligible directors (each a “Director”) attended the meeting in person. Wang Xiangxi (Chairman) and Xu. Mingjun (Director) attended the meeting by phone, and Yuen Kwok Keung (Director) attended the meeting via video connection. The meeting was convened and chaired by Wang Xiangxi (Chairman). Huang Qing (Secretary to the Board) attended the meeting. All of supervisors and senior management members attended the meeting as non-voting participants. The meeting was convened in compliance with the Company Law of the People’s Republic of China and other relevant laws and regulations, the listing rules of the listing venue and the Articles of Association of China Shenhua Energy Company Limited (the “Articles of Association”). The following resolutions were considered and approved at the meeting: I. RESOLUTION ON THE 2020 FINANCIAL REPORT OF CHINA SHENHUA ENERGY COMPANY LIMITED All independent non-executive directors expressed an independent opinion of “assenting” to this resolution. The resolution shall be subject to the consideration and approval at the Company's 2020 Annual General Meeting. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to 2020 Annual Report of China Shenhua disclosed at the same time of this Announcement for details. II. RESOLUTION ON 2020 PROFIT DISTRIBUTION OF CHINA SHENHUA ENERGY COMPANY LIMITED The Board agreed on the following profit distribution plan and proposed to consider and approve the followings at the 2020 annual general meeting of the Company:

1 1. The net profit attributable to the shareholders of the parent company for the year 2020 under the International Financial Reporting Standards amounted to RMB 35.849 billion, with basic earnings per share of RMB1.803/share (as the Company repurchased H shares in 2020, the weighted average share capital was used as the share capital in the calculation of earnings per share). Based on the total share capital of the Company as of 26 March 2021, 2020 annual dividend will be paid at RMB1.81 per share (inclusive of tax), and the aggregate amount of dividend paid is RMB35.962 billion (inclusive of tax), which accounted for 100.3% of the net profit attributable to the shareholders of the parent company according to the International Financial Reporting Standards for the year 2020; 2. Pursuant to the Articles of Association, the register of members for H shares of the Company for 2020 dividend distribution will be closed from 3 July 2021 to 9 July 2021 (both days inclusive). The record date for 2020 dividend distribution for H shares is 9 July 2021, that is, the dividend for H shares will be distributed to all shareholders of the Company whose names appear on the register as at 9 July 2021. The dividend declaration date for H Shares is on 27 August 2021; 3. Under relevant regulations of China Securities Depository and Clearing Corporation Limited Shanghai Branch and in line with the market practice regarding dividend distribution for A Shares, the Company will publish a separate announcement in respect of its dividend distribution for 2020 to holders of A Shares after the Company’s annual general meeting for 2020 to set out the record date, ex-rights date of dividend and dividend declaration date; 4. If the total share capital of the Company changes during the period from the date of this announcement on the profit distribution plan to the equity registration date for the equity distribution, the Company shall maintain the proportion of distribution per share unchanged and adjust the total amount of distribution accordingly; 5. Proposed at the annual general meeting to authorize the chairman and chief executive officer of the Company to implement the distribution matters mentioned in this resolution, and to deal with all matters in relation to, among others, tax withholding and foreign exchange as required by relevant laws, regulations and regulatory authorities. All independent non-executive directors expressed an independent opinion of “assenting” to this resolution. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to the Announcement of 2020 Profit Distribution Plan of China Shenhua disclosed at the same time of the Announcement for details. III. RESOLUTION ON 2021 ANNUAL CAPITAL BUDGET AND DEBT FINANCIING PLAN OF CHINA SHENHUA ENERGY COMPANY LIMITED Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote IV. RESOLUTION ON ENTERING INTO FINANCIAL SERVICES AGREEMENT WITH CHINA ENERGY FINANCE COMPANY LIMITED FROM 2021 TO 2023 1. Agreed to submit to the general meeting of shareholders for consideration and approval of the Company's entering into Financial Services Agreement for the period

2 from 2021 to 2023 (the “new Financial Services Agreement”) with China Energy Finance Co., Ltd. (the "Group Finance Company") and the annual cap amount of transactions contemplated therein from 2021 to 2023. The new Financial Services Agreement will come into force upon approval by the general meeting of shareholders from 1 January 2021 to 31 December 2023. Meanwhile, the 2021 Financial Services Agreement entered into between the Company and the Group Finance Company on 29 December 2020 (the “original Financial Services Agreement”) shall terminate upon coming into force of the new Financial Services Agreement; 2. Agreed to submit to the general meeting of shareholders for approval to authorize the chief executive officer of the Company to sign the new Financial Services Agreement, handle other related matters at his/her discretion, and decide and take necessary actions to comply with the relevant requirements and procedures of Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited on related transactions (connected transactions). All independent non-executive Directors have confirmed that none of them has interest in the related/connected transactions under the resolution, and that from the perspective of the Company, entering into new Financial Services Agreement with the Group Finance Company and terminating the original Financial Services Agreement as described in the resolution: 1. are conducted in the ordinary and usual course of business of the Company; conducted on normal commercial terms or better; the agreement, annual caps and pricing are fair and reasonable and in the interests of the Company and the shareholders of the Company as a whole, and will not constitute substantial reliance on the related/connected parties. 2. the voting procedures of the Board of the Company on such continuing related transactions (connected transactions) comply with the provisions of laws, regulations and the Articles of Association of the Company. Related Directors (connected Directors) Wang Xiangxi and Jia Jinzhong abstained from voting. Voting result: 6 ballots carrying voting rights, 6 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to the Announcement of Daily Related Transactions of China Shenhua disclosed at the same time of the Announcement for details. V. RESOLUTION ON GRANTING THE BOARD OF DIRECTORS THE GENERAL MANDATE TO REPURCHASE H SHARES 1. It was agreed to submit to the general meeting of the shareholders, class meeting of the holders of A shares and the class meeting of the holders of H shares for approval to grant the following general mandate to repurchase H shares to the Board: （1）Plan of Repurchase of H Shares a. Method of repurchase: repurchase on The Stock Exchange of Hong Kong Limited pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the Takeovers Code and other applicable laws and regulations. b. Quantity of repurchase: No more than 10% of the total number of H shares of the Company in issue as at the date of passing the resolutions at the general meeting of the shareholders, the class meeting of the holders of A shares and the class meeting

3 of the holders of H shares. c. Price of repurchase: The repurchase will be implemented by batches, and the repurchase price shall be no higher than 5% of the average closing price in the 5 trading days prior to the actual repurchase date. When implementing repurchase, the specific repurchase price shall be determined within the scope in accordance with the actual situation of the market and the Company. d. Disposal of the repurchased shares: Upon completion of the repurchase, the Company will cancel the repurchased H shares in stages or in a one-off manner, and the Company will reduce its registered capital accordingly. e. Source of funds for the repurchase: Self-raised funds of the Company. (2) Scope of the Mandate The Board and its authorised persons are authorised to handle specific matters in relation to the repurchase of H shares, including but not limited to: a. formulating and implementing specific repurchase plan, including but not limited to determining the repurchase timing, repurchase period, repurchase price and repurchase quantity; b. notifying creditors and making announcements in accordance with the requirements of the Company Law, other laws and regulations and the Articles of Association; c. opening overseas stock accounts, capital accounts and handling corresponding foreign exchange registration procedures; d. performing relevant approval or filing procedures (if any) in accordance with applicable laws, regulations and regulatory provisions; e. handling the cancellation of repurchased shares, reducing the registered capital of the Company, revising the total amount of share capital, share capital structure and other relevant contents in relation to the Articles of Association and handling the procedures for modification registration and filing; f. Signing and handling all other documents and matters in relation to repurchase of shares. (3) Period of the Mandate The abovementioned general mandate shall not exceed the relevant period. The relevant period shall commence from the day when the authority conferred by this resolution is approved by special resolutions at the general meeting of shareholders, the class meeting of the holders of A shares and the class meeting of the holders of H shares and end at the earlier of: a. the conclusion of the annual general meeting for 2021; b. the date on which the authorisation in this resolution is revoked or varied by special resolutions at the general meeting of shareholders, the class meeting of the holders of A shares and the class meeting of the holders of H shares. The abovementioned general mandate shall only be implemented after being approved by way of special resolutions at the general meeting of shareholders, the class meeting of the holders of A shares and the class meeting of the holders of H shares. 2. After being granted the aforesaid general mandate by the shareholders’ general meeting, the class meeting of the holders of A shares and the class meeting of the holders of H shares, the Board authorizes the chief executive officer of the Company

4 and the person authorized by the chief executive officer to handle specific matters in relation to the repurchase of H shares. All independent non-executive directors expressed an independent opinion of “assenting” to this resolution. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote VI. RESOLUTION ON THE 2020 ANNUAL REPORT OF CHINA SHENHUA ENERGY COMPANY LIMITED Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to 2020 Annual Report of China Shenhua disclosed at the same time of the Announcement for details. VII. RESOLUTION ON THE 2020 ANNUAL REPORT OF THE BOARD OF DIRECTORS OF CHINA SHENHUA ENERGY COMPANY LIMITED The Board agreed on the 2020 Annual Report of the Board of Directors of China Shenhua Energy Company Limited and submitted the report to the Company's 2020 annual general meeting of shareholders for consideration. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote VIII. RESOLUTION ON THE 2020 ENVIRONMENTAL, SOCIAL RESPONSIBILITY AND CORPORATE GOVERNANCE REPORT OF CHINA SHENHUA ENERGY COMPANY LIMITED Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to 2020 Environmental, Social Responsibility and Corporate Governance Report of China Shenhua disclosed at the same time of the Announcement for details. IX. RESOLUTION ON 2020 ANNUAL REMUNERATION OF DIRECTORS AND SUPERVISORS OF CHINA SHENHUA ENERGY COMPANY LIMITED The Board agreed on the 2020 annual remuneration plan for the Directors and supervisors of the Company and submitted it to the Company's 2020 annual general meeting of shareholders for consideration. All independent non-executive directors expressed an independent opinion of “assenting” to this resolution. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote X. RESOLUTION ON 2020 ANNUAL REMUNERATION OF SENIOR MANAGEMENT OF CHINA SHENHUA ENERGY COMPANY LIMITED The Board approved the 2020 annual remuneration plan for senior management of the Company. All independent non-executive directors expressed an independent opinion of “assenting” to this resolution. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to China Shenhua 2020 Annual Report disclosed at the same time of

5 the Announcement for details. XI. RESOLUTIO ON NOMINATING YANG RONGMING AS A CANDIDATE FOR NON-EXECUTIVE DIRECTOR OF THE FIFTH SESSION OF BOARD OF DIRECTORS OF CHINA SHENHUA ENERGY COMPANY LIMITED The Board agreed to appoint Yang Rongming as the candidate of non-executive Director of the fifth session of the Board of the Company for a term from the date of being elected and approved by the general meeting of shareholders to the date of expiration of the term of the fifth session of the Board (28 May 2023), and submitted to the general meeting of shareholders of the Company for consideration. All independent non-executive Directors confirmed that: 1. the candidate for non-executive Director possess the qualification required by laws, administrative regulations and listing rules of the place where the Company is listed for being Director of a listed company, and has the necessary working experience to perform the duties of Directors, and meets the requirements of other provisions as stipulated in the Articles of Association of the Company. The nomination procedure is lawful and valid; 2. the Board agreed to appoint Yang Rongming as the candidate of non-executive Director for the fifth session of the Board of the Company. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to the attachment for Yang Rongming's biography. XII. RESOLUTION ON APPOINTMENT OF LI ZHIMING AS EXECUTIVE VICE PRESIDENT OF CHINA SHENHUA ENERGY COMPANY LIMITED 1. Approved the appointment of Li Zhiming as the executive vice president of China Shenhua Energy Company Limited for a term of three years from the date of approval by the Board. He may be reappointed for re-election upon the expiration of his term of office. 2. Authorized Wang Xiangxi (Chairman) to handle matters related to the appointment of executive vice president. All independent non-executive Directors confirmed that: 1. the candidate for executive vice president possess the qualification required by laws and administrative regulations for being senior management of a listed company and has necessary working experience to perform the duties of executive vice president and meet the requirements of other provisions as stipulated in the Articles of Association of the Company. The nomination procedure is lawful and valid; 2. the Board agreed to appoint Li Zhiming as the executive vice president of the Company. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to the attachment for Li Zhiming's biography. XIII. RESOLUTION ON 2020 ANNUAL INTERNAL CONTROL EVALUATION REPORT OF CHINA SHENHUA ENERGY COMPANY LIMITED All independent non-executive directors expressed an independent opinion of

6 “assenting” to this resolution. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote XIV. RESOLUTION ON KEY POINTS OF 2021 INTERNAL AUDIT OF CHINA SHENHUA ENERGY COMPANY LIMITED Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote XV. RESOLUTION ON REDUCTION TO THE REGISTERED CAPITAL AND AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF CHINA SHENHUA ENERGY COMPANY LIMITED The Board approved the reduction of the Company’s registered capital to RMB19,868,519,955 and the amendment to the Articles of Association of China Shenhua Energy Company Limited and submitted the proposal to the general meeting of shareholders of the Company for consideration as a special resolution. Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to the Announcement of Reduction to the Registered Capital and Amendments to the Articles of Association of China Shenhua disclosed at the same time of the Announcement for details. XVI. RESOLUTION ON AMENDMENTS TO THE RULES OF PROCEDURES FOR THE SAFETY, HEALTH, AND ENVIRONMENT COMMITTEE OF THE BOARD OF DIRECTORS OF CHINA SHENHUA ENERGY COMPANY LIMITED Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to the revised Rules of Procedure for the Safety, Health, and Environment Committee of the Board of Directors of China Shenhua Energy Company Limited disclosed at the same time of the Announcement for details. XVII. RESOLUTION ON AMENDMENTS TO THE ADMINISTRATIVE MEASURES OF INSIDE INFORMATION AND INSIDER REGISTRATION OF CHINA SHENHUA ENERGY COMPANY LIMITED Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to the revised Administrative Measures of Inside Information and Insider Registration of China Shenhua Energy Company Limited disclosed at the same time of the Announcement for details. XVIII. RESOLUTION ON DISCLOSURE OF MAJOR BUSINESS TARGETS OF CHINA SHENHUA FOR THE YEAR 2021 Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote Please refer to China Shenhua 2020 Annual Report disclosed at the same time of the Announcement for details. XIX. RESOLUTION ON CONVENING OF THE 2020 ANNUAL GENERAL MEETING OF SHAREHOLDERS, 2021 FIRST CLASS MEETING OF THE HOLDERS OF A SHARES AND 2021 FIRST CLASS MEETING OF THE HOLDERS OF H SHARES OF CHINA SHENHUA ENERGY COMPANY

7 LIMITED Voting result: 8 ballots carrying voting rights, 8 assenting votes, 0 dissenting vote, 0 abstained vote The notice of the Company's 2020 Annual General Meeting and 2021 Class Shareholders' Meeting will be disclosed in due course.

By order of the Board of Directors China Shenhua Energy Company Limited Huang Qing Secretary to the Board of Directors 27 March 2021

8 Attachment Biography of Yang Rongming

Yang Rongming, male, born in May 1965, Chinese Nationality, is a professorate senior engineer and a member of the Communist Party of China. Mr. Yang has rich experience in coal enterprise management. He graduated from the Department of Mining Engineering, Liaoning Technical University (formerly known as Fuxin Mining Institute) with a major in mining engineering in 1990, obtained a master's degree in engineering from Shandong University of Science and Technology in 2010, and a postgraduate’s diploma and a doctor's degree in engineering from Liaoning Technical University in 2016. Mr. Yang has served as the director of coal and transportation industry management department of China Energy Investment Corporation Limited since December 2020. From May 2018 to December 2020, he served as secretary of the Party Committee and chairman of Shenhua Zhunneng Group Co., Ltd. From May 2009 to May 2018, he served as deputy executive vice president, chief executive officer and deputy secretary of the Party Committee of Shenhua Shendong Coal Group Co., Ltd., and director, chief executive officer and deputy secretary of the Party Committee of Shenhua Xinjie Energy Co., Ltd., and secretary of the Party Committee, director and chairman (legal representative) of Yulin Shenhua Energy Co., Ltd. Prior to that, Mr. Yang served as deputy manager of Liuta mine and manager of Shuozhou branch of Shenhua Group Wanli Coal Co., Ltd., assistant to chief executive officer and executive vice president of Wanli Coal branch of the Company. Mr. Yang does not have any connection with the Company, its controlling shareholders or effective controllers and has not been punished by the securities regulatory authority under the State Council or any other relevant authorities or reprimanded by the stock exchange, and does not hold any shares of the Company.

Biography of Li Zhiming

Li Zhiming, male, born in January 1968, Chinese Nationality, is a professorate senior engineer and a member of the Communist Party of China. Mr. Li has rich experience in coal enterprise management. He graduated from Heilongjiang University of Science and Technology in 1990, majoring in industrial and civil construction, and obtained a master's degree in engineering from China University of Mining and Technology in 2002. Mr. Li has served as a member of the Party Committee of the Company since February 2021. From December 2015 to December 2020, he served as the chief executive officer, deputy secretary of the Party Committee, chairman (legal representative) and secretary of the Party Committee of Shenhua Beidian Shengli Energy Co., Ltd., as well as the executive vice prsident, chief executive officer, secretary of the Party Committee and executive director of Shengli Energy branch of the Company. From September 2013 to December 2015, he served as the executive vice prsident of the Engineering Management Department of former Shenhua Group Company Limited and the Company. From December 2007 to September 2013, he

9 served as executive vice prsident of Shenhua Zhunge’er Energy Co., Ltd. Prior to that, Mr. Li served as assistant to the chief executive officer, office director, deputy director of Transportation and Marketing Department and deputy manager of the Transportation and Marketing Company of Shenhua Zhunge’er Energy Co., Ltd.. Mr. Li does not have any connection with the Company, its controlling shareholders or effective controllers, has not been punished by the securities regulatory authority under the State Council or any other relevant authorities or reprimanded by the stock exchange, and does not hold any shares of the Company.

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