China Power International Development : Notice of General Meeting

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China Power International Development Limited

中 國 電 力 國 際 發 展 有 限 公 司

(incorporated in Hong Kong with limited liability)

(Stock Code: 2380)

Notice of General Meeting

Independent Shareholders are advised to read carefully this notice and its accompanying notes for the arrangement details on exercising their voting rights and the precautionary measures to be taken if attending the General Meeting in person.

NOTICE IS HEREBY GIVEN that a general meeting of China Power International Development Limited (the "Company") will be held at Meeting Room S421 (Harbour Road Entrance), Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wanchai, Hong Kong on Thursday, 3 June 2021 at 11:00 a.m. (the "General Meeting"), for the purposes of considering and, if thought fit, passing with or without modifications the following resolution of the Company:

ORDINARY RESOLUTION

"THAT

1. the Onshore Construction EPC Agreement, the Offshore Construction EPC Agreement, the Preliminary Development and Technical Consultancy Agreement and the Construction Engineering Survey Agreement dated 13 April 2021 (collectively as the "Project Agreements" as defined in the Company's circular dated 13 May 2021) (copies of which have been produced to the meeting marked "A, B, C and D" respectively and have been signed by the chairman of the meeting for the purpose of identification) and the transactions contemplated thereunder, the implementation thereof and all other matters incidental thereto be and are hereby approved and confirmed; and
2. any director(s) of the Company be and is/are hereby authorized for and on behalf of the Company, amongst other matters, to sign, seal, execute, perfect, deliver, do or to authorize signing, executing, perfecting and delivering and doing all such further documents, deeds, acts, matters and things as he/she may in his/her discretion consider necessary, expedient or desirable to give effect to and implement the Project Agreements and all such acts and things the directors of the Company have done are hereby approved, confirmed and ratified."

• English or Chinese translation, as the case may be, is for identification only
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By Order of the Board

China Power International Development Limited

HE Xi

Chairman

Hong Kong, 13 May 2021

Registered Office:

Suite 6301, 63/F.

Central Plaza

18 Harbour Road

Wanchai, Hong Kong

Notes:

1. Any member of the Company entitled to attend and vote at the above meeting is entitled to appoint a proxy to attend and vote instead of him. A proxy need not be a member of the Company.
2. Closure of register of members of the Company for the General Meeting: The register of members of the Company will be closed from Monday, 31 May 2021 to Thursday, 3 June 2021, both days inclusive, during which period no transfer of shares of the Company will be effected. In order to qualify to attend and vote at the General Meeting, all transfers accompanied by the relevant share certificates must be lodged with the Company's share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716,17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong not later than 4:30 p.m. on Friday, 28 May 2021.
3. In light of the continuing risks posed by the COVID-19 pandemic and the HKSAR Government's current social distancing laws and regulations for shareholders' meetings of listed companies, shareholders of the Company other than State Power Investment Corporation Limited and its associates ("Independent Shareholders") are strongly advised NOT to attend the General Meeting in person. For health and safety purposes, the Company strongly advises Independent Shareholders to appoint the chairman of the General Meeting as their proxy to cast their votesinstead of attending the General Meeting in person.
4. The Company has already made available a live webcast of the General Meeting for all registered shareholders of the Company. Registered shareholders of the Company may watch the General Meeting through the live website. Registered shareholders of the
   Company shall receive a separate letter for the meeting ID and the user passcode to access the live webcast of the General Meeting.
5. Voting by proxy in advance of the General Meeting: If any shareholder of the Company chooses not to attend the General Meeting in person and like to appoint the chairman of the General Meeting as his/her proxy, the proxy form is enclosed with the Company's circular dated 13 May 2021 or can be downloaded from the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk and on the Company's website at www.chinapower.hk.

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1. The deadline to submit completed proxy forms: To be valid, the proxy form, together with the power of attorney or other authority, if any, under which it is signed, or a notarially certified copy of that power or authority must be deposited at the share registrar of the Company, Computershare Hong Kong Investor Services Limited (i) to its physical address at 17M Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, or (ii) electronically via the Company's email address [e-mail] not less than 48 hours before the time appointed for the holding of the General Meeting or any adjourned meeting thereof (as the case may be).
2. The email address provided in paragraph 6 above is provided only for receiving proxy forms relating to the General Meeting. The email address shall not be used for any other purposes nor shall it be in use after the deadline stated in paragraph 6 above.
3. Watching the live webcast of the General Meeting: Registered shareholders of the Company not attending the General Meeting in person may view the live webcast of the General Meeting proceedings through www.chinapower.hk/webcast/2021/agm-gm2021.php. The webcast will be open for registered shareholders of the Company to log in approximately 30 minutes prior to the commencement of the General Meeting and can be accessed from any location with access to the internet with a smart phone, tablet device or computer. Please however, note that registered shareholders of the Company joining the webcast will not be counted towards a quorum nor will they be able to cast their vote online.
4. Questions at or prior to the General Meeting: Shareholders of the Company will be able to raise questions relevant to the proposed resolution prior to the General Meeting, he/she is welcome to send such questions or matters in writing either to the Company's email at [e-mail] before Monday, 31 May 2021 at 7:00 p.m. or online during the webcast (for registered shareholders of the Company only). The usual Q&A time at the General Meeting will be restricted to a maximum of 15 minutes.
5. Appointment of proxy by non-registered shareholders of the Company: Non-registeredshareholders of the Company whose shares of the Company are held through banks, brokers, custodians or the Hong Kong Securities Clearing Company Limited should consult directly with their banks or brokers or custodians (as the case may be) to assist them in the appointment of proxy.
6. Shareholders of the Company who choose to attend the General Meeting in person must observe the following precautionary measures.

PRECAUTIONARY MEASURES FOR THE GENERAL MEETING

The following precautionary measures will be implemented at the General Meeting to prevent and control the spreading of the COVID-19 pandemic.

• NOserving of any refreshments or beverages and NOdistribution of any gifts or bakery vouchers
• Compulsory body temperature screening/checks
• Mandatory wearing of surgical face masks at all times
• Mandatory filling out of health and travel declaration form

•	Appropriate social distancing and limiting the number of attendees to avoid
	over-crowding

Attendees who do not comply with the above precautionary measures may be denied entry to the General Meeting venue, at the absolute discretion of the Company as permitted by law.

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1. In view of the travelling restrictions imposed by various jurisdictions including Hong Kong to prevent the spread of the COVID-19, certain director(s) of the Company may attend the General Meeting by means of video conference or similar electronic means.
2. In the event that a gale warning (tropical cyclone no. 8 or above) or black rainstorm warning is in effect at any time between 9:00 a.m. and 11:00 a.m. on the day of the above meeting, the above meeting will be automatically postponed to a later date. In this event, the Company will, as soon as practicable, post an announcement on its website and on the website of the Stock Exchange to notify the shareholders of the Company that the above meeting has been postponed (however, a failure to post such an announcement shall not affect the automatic postponement of such meeting). Shareholders of the Company may also telephone the Company's hotline on (852) 2862 8688 to enquire whether the meeting has been cancelled. When the date, time and location of the rescheduled meeting has been fixed, the Company will post a further announcement on its website and on the website of the Stock Exchange to notify the shareholders of the Company of the date, time and location of the rescheduled meeting. At least seven clear days' notice shall be given of the rescheduled meeting. Shareholders of the Company should in any event exercise due care and caution when deciding to attend the above meeting in adverse weather conditions.
3. As required by the Rules Governing the Listing of Securities on the Stock Exchange, the vote will be taken by poll. The chairman of the above meeting will demand a poll on the resolution set out in the notice of the above meeting in accordance with the articles of association of the Company.

As at the date of this announcement, the directors of the Company are: executive director HE Xi, non-executive directors WANG Xianchun and ZHOU Jie, and independent non-executive directors KWONG Che Keung, Gordon, LI Fang and YAU Ka Chi.

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