MECOM Power and Construction : VOLUNTARY ANNOUNCEMENT - PROMOTION FROM THE MSCI HONG KONG MICRO CAP INDEX AND INCLUSION AS A CONSTITUENT IN THE MSCI HONG KONG SMALL CAP INDEX

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MECOM POWER AND CONSTRUCTION LIMITED

澳 能 建 設 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1183)

VOLUNTARY ANNOUNCEMENT

PROMOTION FROM THE MSCI HONG KONG MICRO CAP INDEX AND

INCLUSION AS A CONSTITUENT

IN THE MSCI HONG KONG SMALL CAP INDEX

The board (the "Board") of directors (the "Directors") of MECOM Power and Construction Limited (the "Company"), together with its subsidiaries (the "Group"), is pleased to announce that the Company will be included as a constituent in the MSCI Hong Kong Small Cap Index as a promotion from the MSCI Hong Kong Micro Cap Index with effect from the market close on 27 May 2021. The Company has been included as a constituent in the MSCI Hong Kong Micro Cap Index since June 2018.

The MSCI Hong Kong Small Cap Index is designed to measure the performance of the small cap segment of the Hong Kong market and is a sub-index of the MSCI World Small Cap Index. The MSCI World Small Cap Index captures small cap representation across 23 developed markets which include Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. With 4,252 constituents, the MSCI World Small Cap Index covers approximately 14% of the free float-adjusted market capitalisation in each country.

The Board believes that the inclusion of the Company into the MSCI Hong Kong Small Cap Index represents the capital market's recognition of the performance and value of the Group, which is expected to enhance the reputation of the Company and increase the trading liquidity of its shares.

By Order of the Board

MECOM Power and Construction Limited

Kuok Lam Sek

Chairman

Hong Kong, 13 May 2021

As at the date of this announcement, the executive Directors are Mr. Kuok Lam Sek and Mr. Sou Kun Tou, and the independent non-executive Directors are Ms. Chan Po Yi, Patsy, Mr. Cheung Kiu Cho, Vincent and Mr. Lio Weng Tong.