Reference is made to the announcements of Sunac China Holdings Limited (the "Company") dated 26 November 2020 and 30 November 2020 in relation to the Offer (the "Announcements"). All capitalised terms used herein have the same meanings as defined in the Announcements, unless otherwise defined. The Offer expired on 4 December 2020. As at the Expiration Deadline, USD 318,508,000.00 in aggregate principal amount of the Notes, representing approximately 56.73% of the total aggregate principal amount of the outstanding Notes as at such date, had been validly tendered pursuant to the Offer. Pursuant to the terms and conditions of the Offer, the Company has decided to accept for purchase a total of USD 318,508,000.00 in principal amount of the Notes with no proration applied (the "Accepted Notes"). The Accepted Notes repurchased by the Company will be cancelled and will cease to be outstanding on 8 December 2020 (the "Settlement Date"). Payment of the purchase price and the accrued and unpaid interest in respect of the Accepted Notes from and including the last interest payment date of 15 July 2020 up to, but excluding, the Settlement Date will be made on or about the Settlement Date. The aggregate amount to be paid by the Company to holders of the Accepted Notes will be USD 331,811,238.53. The Company currently expects that, following settlement of the Offer, an aggregate principal amount of USD 242,892,000.00 of the Notes will remain outstanding.