Announcement

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.(Incorporated in the Cayman Islands with limited liability) (Stock Code: 2688) ANNOUNCEMENT The board of directors of ENN Energy Holdings Limited (the “Company” and together with its subsidiaries the “Group”) was informed that Guangxi Regulatory Bureau of the China Securities Regulatory Commission recently made a decision (the “Decision”) to issue a warning letter to ENC Digital Technology Co. Ltd (新智认知数字科技股份有限公司 “ENC Digital”) an affiliate of the Company and relevant responsible personnel including inter alios Mr. ZHANG Yuying (“Mr. ZHANG”). Mr. ZHANG served as the chairman of ENC Digital from May 2022 to December 2023. In December 2023 Mr. ZHANG left ENC Digital and joined the Company as an executive director and the Chief Executive Officer.According to the Decision ENC Digital and the relevant responsible personnel were inbreach of the Administrative Measures on Information Disclosure by Listed Companies (《上市公司信息披露管理办法》) for failure to publish an earnings forecast for 2023 as required and certain inaccurate information disclosures in financial reports for 2019 to 2022. For details on the Decision please refer to the announcement published by ENC Digital at https://static.sse.com.cn/disclosure/listedinfo/announcement/c/new/2024-06-01/603869_2024 0601_01GN.pdf (available in Chinese only). ENC Digital is not a member of the Group. Accordingly the aforesaid matter has no impact on the business operation or financial position of the Group.By order of the Board ENN Energy Holdings Limited WANG Yusuo Chairman Hong Kong 3 June 2024 As at the date of this announcement the board of directors of the Company comprises six executive directors namely Mr. WANG Yusuo (Chairman) Mr. ZHANG Yuying (Chief Executive Officer) Mr.LIU Jianfeng (President) Mr. WANG Dongzhi (Chief Financial Officer) Ms. ZHANG Jin and Mr.JIANG Chenghong; one non-executive director Mr. WANG Zizheng; and four independent non-executive directors namely Mr. MA Zhixiang Mr. YUEN Po Kwong Mr. LAW Yee Kwan Quinn and Ms. WONG Lai Sarah.