(UPDATE) FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2023

EF001 Disclaimer 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 arisen from or in reliance upon the whole or any part of the contents of this announcement.Cash Dividend Announcement for Equity Issuer Issuer name Qilu Expressway Company Limited Stock code 01576 Multi-counter stock code and currency Not applicable Other related stock code(s) and Not applicable name(s) Title of announcement (UPDATE) FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2023 Announcement date 26 June 2024 Status Update to previous announcement Reason for the update / change Update on (1) amount in which the dividend will be paid; and (2) exchange rate Information relating to the dividend Dividend type Final Dividend nature Ordinary For the financial year end 31 December 2023 Reporting period end for the dividend declared 31 December 2023 Dividend declared RMB 0.15 per share Date of shareholders' approval 26 June 2024 Information relating to Hong Kong share register Default currency and amount in which the dividend will be paid HKD 0.164459 per share Exchange rate RMB 1 : HKD 1.096393 Ex-dividend date 02 July 2024 Latest time to lodge transfer documents for registration with share registrar for 03 July 2024 16:30 determining entitlement to the dividend Book close period From 04 July 2024 to 09 July 2024 Record date 09 July 2024 Payment date 30 August 2024 Computershare Hong Kong Investor Services Limited Shops 1712-1716 17th Floor Hopewell Centre Share registrar and its address 183 Queen’s Road East Wanchai Hong Kong Page 1 of 2 v 1.1.1EF001 Information relating to withholding tax Please refer to the 2023 annual results announcement of the Company dated 26 March 2024 for details in relation to the tax on dividends for the holders of the H shares. Type of shareholders Tax rate Other relevant information (if any) Enterprise - non-resident i.e. registered address When distributing dividends to outside PRC 10% holders of H shares who are nonresident enterprises the Company shall withhold the enterprise income tax at the Details of withholding tax applied to the uniform rate of 10% in dividend declared accordance with the law.Individual - resident i.e. registered address within When distributing dividends to PRC 20% shareholders whose names appear on the register of members of H Shares of the Company who are resident individuals the Company shall withhold and pay the individual income tax at the rate of 20% on their behalf.Information relating to listed warrants / convertible securities issued by the issuer Details of listed warrants / convertible securities issued by the issuer Not applicable Other information The exchange rate for dividend paid in Hong Kong dollars shall be the average middle rate for the five business days preceding the date of declaration of such dividend at the 2023 annual general meeting as announced by the People's Bank of China which was HKD1 to RMB0.912082. As such the dividend for each H Share of the Company is HKD0.164459 (tax inclusive).Directors of the issuer As at the date of this announcement the executive Directors are Mr. Wang Zhenjiang Mr. Peng Hui and Mr. Liu Qiang; the non- executive Directors are Mr. Ma Xianghui Ms. Kong Xia Mr. Su Xiaodong Mr. Kang Jian Mr. Wang Gang Mr. Shi Jinglei and Mr.Du Zhongming; and the independent non-executive Directors are Mr. Liu Hongwei Mr. He Jiale Mr. Wang Lingfang Mr. Leng Ping and Ms. Shen Chen.Page 2 of 2 v 1.1.1