On 3 January 2022, CIFI Holdings (Group) Co. Ltd. and the Subsidiary Guarantors entered into the Purchase Agreement with Goldman Sachs (Asia) L.L.C. in connection with the Additional Notes Issue. The Company intends to use the net proceeds of the Additional Notes Issue for refinancing its existing indebtedness and in accordance with its green finance framework.

The Company may adjust its plans in response to changing market conditions and thus, reallocate the use of the net proceeds. The Company will seek a listing of the Additional Notes on the Stock Exchange. Admission of the Additional Notes to the Stock Exchange is not to be taken as an indication of the merits of the Company or the Additional Notes.

Subject to certain conditions to completion, the Company will issue the Additional Notes in an aggregate principal amount of USD 150,000,000, to be consolidated and form a single class with the Original Notes. The Additional Notes will mature on 17 August 2026, unless earlier redeemed in accordance with the terms thereof.