Stock Code: 600900 Stock Abbreviation: CYPC Announcement No.: 2021-014

China Power Co., Ltd. Announcement on Completion of the Issuance of 2021 Short-Term Commercial Papers (second issue)

This Announcement has been prepared in Chinese and English respectively. In case of any discrepancy in the understanding of the Chinese and English versions, the Chinese version shall prevail. The Company shall not be liable for any loss arising from misunderstanding of the English version.

The 2019 General Meeting of Yangtze Power Co., Ltd. (hereinafter referred to as the Company) convened on 21 May 2020 deliberated and adopted the

Proposal of Relevant Matters in the Issuance of Inter-Bank Market Debt Financing

Instruments. The National Association of Financial Market Institutional Investors issued the Notification of Registration Acceptance (ZSXZ [2020] No. TDFI67) on 1

September 2020, accepting the registration of debt financing instruments of the

Company, and the registration shall be effective for two years since the sign-off date of this Notification.

The Company issued 2021 short-term commercial papers (second issue) on 11

March 2021, and the detailed information is as follows:

2021 short-term commercial papers Name Abbreviation 21 CYPC CP002 (second issue) of China Yangtze Power Co., Ltd.

Code 042100115 Term 365 days

Value date 15 March 2021 Cashing date 15 March 2022

1 Total amount Total amount planned to RMB 2 billion RMB 2 billion actually issued issue

RMB 100/100 Issuing rate 3.08% Offer price yuan

Bookkeeper Co., Ltd.

Lead China Merchants Bank Co., Ltd. underwriter

Co-lead Limited underwriter

Issued relevant documents to the short-term commercial paper are published on the Clearing House website and China Money website, and the URLs are www.shclearing.com and www.chinamoney.com.cn.

It is hereby announced.

Board of Directors of China Yangtze Power Co., Ltd.

16 March 2021

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