China Power International Development Limited announced that Reference is made to the announcement of the Company dated 3 November 2023 in relation to (i) the extension of the Company's registration of issuing debt financing instruments in National Association of Financial Market Institutional Investors with an effective period of 2 years from September 2023; (ii) the Company would issue RMB 3 billion perpetual medium-term notes by two tranches; and (iii) the issuance of the 2023- first-tranche of the perpetual medium-term notes of RMB 1.5 billion on 1 November 2023. On 15 November 2023, the Company issued its second tranche of the perpetual medium-term notes (the DFI-PMTN-2023-2nd-tranche, the "Perpetual Note") with the following principal terms. Unit face value: RMB 100. Coupon rate: 3.3% per annum (fixed for an initial term of 3 years).

Maturity period: 3+N(3) years. Guarantee: Unsecured. Use of funds: Proceeds will be used for repayment of existing borrowings.