Sunac China Holdings Limited announced that on 26 November 2020, the Company made the Offer to purchase part of the outstanding Notes in cash at a purchase price of the Notes pursuant to and subject to the terms and conditions set out in the Offer to Purchase. The Company will determine, in its absolute discretion, the aggregate principal amount of the Notes to be accepted for purchase under the Offer. It is the current intention of the Company that the maximum acceptance amount of the Notes under the Offer will not exceed the aggregate principal amount of the Concurrent Additional Notes Issuance, although the Company reserves the right, in its sole discretion, to accept significantly more than or significantly less than such amount, or to accept none of such Notes, for purchase pursuant to the Offer. Purchase Price; For each USD 1,000 in the principal amount of the Notes, the purchase price of the Notes payable to the Eligible Holders whose Notes are accepted for purchase will be USD 1,008.5. Interest Payable; Pursuant to the Offer, the Company will pay the Eligible Holders whose Notes are accepted for purchase, the accrued and unpaid interest on the principal amount of all Notes accepted for purchase pursuant to the Offer, with the interest period from and including the last interest payment date of 15 July 2020 up to but excluding the Settlement Date. Tender Instruction; In order to participate in the Offer, Eligible Holders must deliver or arrange to have delivered on their behalf, a valid tender instruction in respect of their Notes for purchase, by the Expiration Deadline. No tender instructions will be valid if submitted after the Expiration Deadline. Offer Period; The Offer was commenced on Thursday, 26 November 2020 and will expire at 4:00 p.m. on 4 December 2020 (London time), unless extended, reopened, amended and/or terminated as provided in the Offer to Purchase, in which case an announcement to that effect will be made by the Company. Although the Company has no present plans or arrangements to do so, the Company reserves the right to waive, amend, extend, terminate or withdraw the offer and the terms and conditions thereof at any time, subject to applicable law.