VOTING RESULTS OF THE ANNUAL GENERAL MEETINGHELD ON 6 JUNE 2024

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.Chaowei Power Holdings Limited超威动力控股有限公司 (incorporated in the Cayman Islands with limited liability) (Stock code: 951) ANNOUNCEMENT VOTING RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 6 JUNE 2024 The board (the ‘‘Board’’) of directors (the ‘‘Director(s)’’) of Chaowei Power Holdings Limited (the ‘‘Company’’) is pleased to announce the voting results of the annual general meeting (the ‘‘AGM’’) of the Company held on 6 June 2024. At the AGM the voting of all resolutions were taken by poll and all the resolutions were approved by shareholders of the Company (the ‘‘Shareholders’’). The poll results in respect of the resolutions were as follows: Number of votes (%) Ordinary Resolutions For Against 1. To receive and approve the audited consolidated financial 545801494 1353000 statements directors’ report and auditor’s report for the year (99.75%) (0.25%) ended 31 December 2023. 2. To declare a final dividend of HK$0.053 per share for the 547054494 100000 year ended 31 December 2023 (the ‘‘Final Dividend’’). (99.98%) (0.02%) 3. To re-elect Mr. Zhou Longrui as an executive Director. 545553353 1601141 (99.71%)(0.29%) 4. To re-elect Mr. Lee Conway Kong Wai as an independent 511936353 35218141 non-executive Director. (93.56%) (6.44%) 5. To re-elect Mr. Sun Wenping as an independent non- 546969494 185000 executive Director. (99.97%) (0.03%) 6. To authorise the Board to fix the remuneration of the 546789702 364792 Directors. (99.93%) (0.07%) 7. To re-appoint Ernst & Young as the auditors of the Company 547054494 100000 and to authorise the Board to fix their remuneration. (99.98%) (0.02%) – 1 –Number of votes (%) Ordinary Resolutions For Against 8. To grant a general mandate to the Directors to allot issue 527854100 19300394 and deal with additional shares of the Company. (96.47%) (3.53%) 9. To grant a general mandate to the Directors to repurchase 547054494 100000 shares of the Company. (99.98%) (0.02%) 10. To extend the general mandate granted to the Directors to 495107100 52047394 issue shares by the number of shares repurchased. (90.49%) (9.51%) Note: Please refer to the circular and the notice of the AGM dated 25 April 2024 for the full version of the above resolutions.As at the date of the AGM the total number of issued shares of the Company was 1104126979 shares. None of the Shareholders were required to abstain from voting at the AGM under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’). In addition there were no shares entitling the holders to attend and abstain from voting in favour of any resolution at the AGM as set out in Rule 13.40 of the Listing Rules. Accordingly there were a total of 1104126979 shares being all the shares which were issued and outstanding entitling the Shareholders to attend and vote for or against the resolutions proposed at the AGM.Mr. Zhou Mingming Ms. Yang Yunfei Mr. Yang Xinxin Mr. Lee Conway Kong Wai Mr.Ng Chi Kit and Mr. Sun Wenping attended the AGM either in person or by electronic means. Mr. Zhou Longrui and Ms. Fang Jianjun were unable to attend the AGM due to other business engagements.Computershare Hong Kong Investors Services Limited the Company’s Hong Kong branch share registrar acted as the scrutineer for the vote-taking at the AGM.In relation to resolution No. 2 above the Final Dividend will be payable to the Shareholders whose name appear on the register of members of the Company on Monday 17 June 2024.The register of members of the Company will be closed from Thursday 13 June 2024 to Monday 17 June 2024 both days inclusive during which period no transfer of shares will be registered. In order to qualify for the Final Dividend all transfers accompanied by the relevant share certificates must be lodged with the Company’s Hong Kong branch share registrar and transfer office Computershare Hong Kong Investor Services Limited at Shops 1712–1716 17th Floor Hopewell Centre 183 Queen’s Road East Wanchai Hong Kong not later than 4:30 p.m. on Wednesday 12 June 2024. The Final Dividend is expected to be paid on or around Wednesday 17 July 2024.By Order of the Board Chaowei Power Holdings Limited Zhou Mingming Chairman and Chief Executive Officer Changxing Zhejiang Province the PRC 6 June 2024 As at the date of this announcement the executive Directors are Mr. ZHOU Mingming Mr.ZHOU Longrui Ms. YANG Yunfei and Mr. YANG Xinxin; the non-executive Director is Ms.FANG Jianjun; the independent non-executive Directors are Mr. LEE Conway Kong Wai Mr. NG Chi Kit and Mr. Sun Wenping.–2–