Reference is made to the announcement of Sunac China Holdings Limited dated 26 November 2020 in relation to the Offer to Purchase of part of the outstanding 8.375% senior notes due 2021(ISIN: XS1936202644; Common Code: 193620264) (the Announcement). Unless otherwise defined, capitalized terms in this announcement will have the same meaning as those defined in the Announcement. The Company has determined that the Maximum Acceptance Amount for the Offer to Purchase shall be USD 320,000,000. The Company reserves the right, in its sole discretion, to accept significantly more than or significantly less than the Maximum Acceptance Amount, or to accept none of such Notes, for purchase pursuant to the Offer, and to increase or to reduce the Maximum Acceptance Amount accordingly. In connection with the Offer, the Company has mandated Morgan Stanley & Co. International plc as the Dealer Manager and Morrow Sodali Ltd. as the Information and Tender Agent.