Huaneng Power International, Inc. Proposes New Directors, Citing Experience at China Energy Engineering Corporation Limited (601868/03996)

Bulletin Express11-28

Huaneng Power International, Inc. announced a proposal to elect two candidates as Board members, following the September 23, 2025 resolution that increased the total number of directors from 15 to 18. The proposals will be presented as ordinary resolutions at the Extraordinary General Meeting (EGM) scheduled for December 23, 2025.

The Board, acting on the Nomination Committee’s recommendations, nominated Ms. Kou Yaozhou as a Non-executive Director and Mr. Zhang Xianchong as an Independent Non-executive Director. Both candidates have been vetted under the company’s Board Diversity Policy, focusing on professional abilities and industry experiences. The Nomination Committee found that Ms. Kou, aged 55, possesses extensive financial management expertise and offers legal insights gained through previous roles, including Chief Financial Expert at a state-owned capital management company. She will not receive remuneration in her new position.

Mr. Zhang, aged 66, was previously associated with China Energy Engineering Corporation Limited (listed on the Shanghai Stock Exchange under 601868 and on the Main Board of the Hong Kong Stock Exchange under 03996). He has served in senior management roles in power-sector entities, adding strengths in corporate governance, strategic planning, and technology development. Should he be elected at the EGM, Mr. Zhang will receive a fixed annual director fee of RMB300,000, and he has confirmed his independence in accordance with the relevant listing rules. Both appointments will continue until the term of the current Board session ends, and the individuals will be eligible for re-election thereafter.

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