SIIC Environment Holdings Ltd. (SIIC Environment, 00807.HK/BHK.SG) has executed a Financial Services Agreement with its affiliate SIIC Shanghai Group Finance Co., Ltd. (SIIC Finance) on 27 February 2026 in Shanghai. The contract forms a framework for treasury, credit and ancillary financial services to be provided by SIIC Finance to SIIC Environment and its subsidiaries (“SIIC Environment Group”) through 31 December 2028.

Key commercial parameters • Deposit services: The aggregate daily balance (including accrued interest) that SIIC Environment Group may place with SIIC Finance is capped at RMB 2.00 billion. Deposit rates must not fall below those offered by major PRC commercial banks or rates granted by SIIC Finance to unrelated parties under similar conditions.

• Credit services: SIIC Finance will extend loans, bill acceptance/discounting and non-financing guarantees as required by SIIC Environment Group. Interest or fee rates cannot exceed those charged by major PRC commercial banks or by SIIC Finance to independent third parties for comparable facilities.

• Other financial services: For payments, settlement, entrusted loans, advisory, bond underwriting, credit verification and related services, SIIC Finance will apply fee schedules no higher than prevailing government-stipulated ceilings, comparable bank tariffs or its own charges to third parties.

Risk management and reporting undertakings • SIIC Finance, a non-bank financial institution supervised by the National Financial Regulatory Administration, will maintain sound risk controls and guarantee fund safety. • SIIC Shanghai Holdings Co., Ltd., SIIC Finance’s controlling shareholder, has committed to inject additional capital should SIIC Finance encounter payment difficulties. • SIIC Finance must deliver monthly financial statements and deposit-balance reports to SIIC Environment within five working days after month-end and monitor adherence to the RMB 2.00 billion deposit cap. • Any losses to SIIC Environment Group arising from SIIC Finance’s breach will trigger full indemnification and permit immediate suspension or termination of cooperation.

Governance and term The agreement takes effect after requisite corporate and regulatory approvals, including SIIC Environment’s general meeting and compliance with SGX-ST and Hong Kong Stock Exchange (SEHK) listing rules. Its initial term runs until 31 December 2028, with possible extensions of up to three years each, subject to further approvals.

Both parties acknowledge that Member Companies within SIIC Environment Group retain full discretion to engage other financial institutions and may enter into specific transaction contracts with SIIC Finance under the framework’s pricing and risk-control principles.