SPIC Hydropower: Controlling shareholder's concerted action person increase their holdings and publish follow-up increase plan

Huaneng Hydropower announced that on February 24, 2026, one of the controlling shareholders, Huaneng Group's concerted action person, Huaneng Structural Adjustment Fund, increased its holdings of 3,276,000 A shares of the company, accounting for 0.0176% of the total share capital, with an increase in amount of 30,002,000 yuan. The Huaneng Structural Adjustment Fund plans to continue to increase its holdings of A shares by no less than 100 million yuan and no more than 150 million yuan within 6 months from the date of announcement, with a price limit of 9.58 yuan per share. The funds are from their own funds. The increase plan may not achieve the expected results due to market changes, etc., but will not lead to changes in controlling rights after implementation.