CGN Power : PROPOSED ELECTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

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CGN Power Co., Ltd.*

中國廣核電力股份有限公司

(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1816)

PROPOSED ELECTION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

This announcement is made by CGN Power Co., Ltd.* (the "Company") pursuant to Rule 13.51 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (the "Listing Rules").

Reference is made to the announcement of the Company dated January 7, 2021 in relation to that the Company has been granted additional time by the Hong Kong Stock Exchange to comply with the requirement that at least one of the independent non-executive directors must be ordinarily resident in Hong Kong under Rule 19A.18(1) of the Listing Rules on or before May 31, 2021.

The board of directors of the Company (the "Board") announces that Mr. Tang Chi Cheung (鄧志 祥先生) ("Mr. Tang") has been nominated as a candidate for independent non-executive director for the third session of the Board of the Company. The nomination has been reviewed by the nomination committee of the Board. The independent non-executive directors of the Company have expressed an independent opinion approving Mr. Tang's qualifications.

The qualification and independence of the candidates for independent non-executive directors are subject to review by the Shenzhen Stock Exchange, and votes on the proposal on the election of independent non-executive directors cannot be taken at the general meeting of the Company until approval by the Shenzhen Stock Exchange. Mr. Tang has publicly undertaken to participate in relevant training in the near future to obtain the independent director qualification certificate recognized by the Shenzhen Stock Exchange.

Pursuant to the Articles of Association of CGN Power Co., Ltd.* (the "Articles of Association"), the Board will propose an ordinary resolution to appoint such director at the subsequent general meeting. The Company will give a notice of the general meeting thereon in accordance with the requirements of the Listing Rules and the Articles of Association.

Upon approval by the general meeting of the Company, the Company will meet the requirement regarding at least one of the independent non-executive directors must be ordinarily resident in Hong Kong under Rule 19A.18(1) of the Listing Rules. Mr. Tang will enter into a service agreement with the Company, with his term of office ending at the expiration of the third session of the Board of the Company. Remuneration of Mr. Tang shall be in line with relevant rules of the Company, and relevant remuneration package will be submitted to the general meeting of the Company for consideration and approval after being approved in accordance with relevant procedures.

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Pursuant to Rule 13.51(2) of the Listing Rules, biographical details of the director required to be disclosed are set out as follows:

Mr. Tang Chi Cheung, born in 1958, has a master's degree, and is a member of Chartered Accountants in Australia & New Zealand and a member of the Hong Kong Institute of Certified Public Accountants. Mr. Tang has more than 25 years of experience in nuclear power management,

finance and audit. He served as the financial director of the China Business Department of CLP Holdings Limited（中電控股有限公司）, a company listed on the Hong Kong Stock Exchange

(Stock Code: 00002), from April 2002 to April 2006, the deputy general manager of Guangdong Nuclear Power Joint Venture Co, Ltd.*（廣東核電合營有限公司）from May 2006 to October 2013,

the senior director of nuclear power business of CLP Holdings Limited, the managing director of Hong Kong Nuclear Investment Co. Ltd.（香港核電投資有限公司）from November 2013 to

October 2018, and the executive director of China Nuclear Energy Association from March 2015 to October 2018.

As at the date of this announcement, save as disclosed above, Mr. Tang has confirmed that he has met the independence criteria as set out in Rule 3.13 of the Listing Rules. Mr. Tang also confirms that he: (i) does not have any relationship with any directors, supervisors, senior management or substantial shareholders or controlling shareholders of the Company or its subsidiaries; (ii) does not hold any other positions in the Company or its subsidiaries and did not hold any directorship or supervisorship in any other companies listed in Hong Kong or overseas in the last three years; (iii) does not have or is not deemed to have any interests in the shares, underlying shares or debentures of the Company or any of its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance; and (iv) there is no other matter with respect to his appointment that needs to be brought to the attention of the shareholders of the Company or the Hong Kong Stock Exchange or that is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Listing Rules.

By Order of the Board

CGN Power Co., Ltd.*

Yin Engang

Chief Financial Officer, Joint Company Secretary and Board Secretary

The PRC, April 22, 2021

As at the date of this announcement, the Board comprises Mr. Gao Ligang and Mr. Jiang Dajin as executive directors; Mr. Yang Changli, Mr. Shi Bing and Mr. Gu Jian as non-executive directors; Mr. Li Fuyou, Mr. Yang Jiayi and Mr. Xia Ceming as independent non-executive directors.

* For identification purpose only

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