600023: correction announcement on the progress of share repurchase

Securities code: 600023 securities abbreviation: Zhejiang Zheneng Electric Power Co.Ltd(600023) Announcement No.: 2022-009 Zhejiang Zheneng Electric Power Co.Ltd(600023)

Correction announcement on the progress of share repurchase

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Zhejiang Zheneng Electric Power Co.Ltd(600023) (hereinafter referred to as “the company”) disclosed the announcement of Zhejiang Zheneng Electric Power Co.Ltd(600023) on the progress of share repurchase (Announcement No.: 2022-008) on February 8, 2022. Due to the calculation error of the staff, The total amount of payment funds originally disclosed “RMB 866460500 (excluding stamp duty, transaction commission and other transaction expenses)” should be “RMB 662440900 (excluding stamp duty, transaction commission and other transaction expenses)”.

In addition to the above corrections, other contents of the announcement on the progress of share repurchase (Announcement No.: 2022-008) remain unchanged. The Company Apologizes for the inconvenience caused to the majority of investors.

It is hereby announced.

Zhejiang Zheneng Electric Power Co.Ltd(600023) board of directors February 8, 2022

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