ENN Natural Gas: Controlling Subsidiary Intends to Redeem All US$550 Million Green Senior Notes

ENN Natural Gas announced that its controlling subsidiary ENN Energy issued green senior notes in May 2022 with an initial aggregate principal amount of US$550 million, a coupon rate of 4.625%, and a maturity date of May 17, 2027. ENN Energy intends to exercise its redemption right to redeem all outstanding notes on November 30, 2026. The total outstanding principal amount is US$550 million. After the redemption is completed, the notes will be cancelled and an application will be made to the Stock Exchange for the withdrawal of the listing of the notes. This repurchase will not have an adverse impact on the Company's operations and financial condition.