On 22 November, a delegation of CLP board members and senior management led by CLP Holdings Chairman Sir Michael Kadoorie was received by the Director of Hong Kong and Macao Affairs Office Mr Xia Baolong in Beijing.

Mr Xia met with the delegation at the Diaoyutai State Guesthouse, recognising that the Kadoorie Family has invested in the electricity and hotel industries for over a century, and showed steadfast confidence in Mainland China and Hong Kong backed by concrete actions at all times. Mr Xia expressed full confidence in the future of CLP's business. During the meeting, the delegation introduced to Mr Xia the businesses of both CLP and The Hongkong and Shanghai Hotels Limited (HSH) as well as their future development priorities.

CLP representatives emphasised that the Company will continue to support the decarbonisation targets of China and Hong Kong, contributing to the socioeconomic developments with reliable, clean and reasonably priced electricity supply. Sir Michael Kadoorie said, 'Mr Xia reiterated that the Central Government will continue to resolutely implement the One Country, Two Systems policy in Hong Kong, and support Hong Kong in leveraging its unique position and advantages to maintain the city's status as an international finance, shipping, trade and technology centre. We are deeply grateful for Mr Xia's words. Hong Kong is home for CLP and HSH. We remain fully committed to Mainland China and Hong Kong, including our duty to promote both places to the world.'

About CLP Group

The CLP Group is one of the largest investor-owned power businesses in Asia Pacific with investments across Hong Kong, Mainland China, Australia and India. Hong Konglisted CLP Holdings Limited is the holding company for the CLP Group, which has a diversified portfolio of generating assets that uses a wide range of fuels including coal, gas, nuclear and renewable sources. Through CLP Power Hong Kong Limited, the Group operates a vertically integrated electricity supply business that provides a highly reliable supply of electricity to 80% of Hong Kong's population. The CLP Group is the largest external investor in the energy sector in Mainland China. The Group's wholly-owned subsidiary ???????? CLP Holdings Limited 2 EnergyAustralia is a leading integrated energy company in Australia, providing gas and electricity to about 2.46 million households and businesses. Apraava Energy, in which CLP has a 50% interest, is one of India's biggest renewable energy producers with operations in power generation and transmission. CLP Holdings is included in the Global Dow - an index of the world's leading bluechip companies, in addition to sustainability-focused indices including the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), the Hang Seng Corporate Sustainability Index Series and the FTSE4Good Index series.

About The Hongkong and Shanghai Hotels

Incorporated in 1866 and listed on the Hong Kong Stock Exchange (00045), The Hongkong and Shanghai Hotels, Limited is the holding company of a Group which is engaged in the ownership, development, and management of prestigious hotels and commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of tourism and leisure, club management and other services. The Peninsula Hotels portfolio comprises The Peninsula Hong Kong, The Peninsula Shanghai, The Peninsula Beijing, The Peninsula Tokyo, The Peninsula New York, The Peninsula Chicago, The Peninsula Beverly Hills, The Peninsula London, The Peninsula Paris, The Peninsula Istanbul, The Peninsula Bangkok and The Peninsula Manila. The property portfolio of the Group includes The Repulse Bay Complex, The Peak Tower and St. John's Building in Hong Kong; The Landmark in Ho Chi Minh City, Vietnam and 21 avenue Kleber in Paris, France. The clubs and services portfolio of the Group includes The Peak Tram in Hong Kong; Quail Lodge & Golf Club in Carmel, California; Peninsula Clubs and Consultancy Services, Peninsula Merchandising, and Tai Pan Laundry in Hong Kong

Contact:

Tel: (852) 2678 8228

Email: cosec@clp.com.hk

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