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HALF-YEAR REPORT 2016

Statutory Disclosure

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CITIC Envirotech Ltd. (“CITIC Envirotech”)

CITIC Envirotech is a company incorporated in Singapore and whose shares are listed on the main board of the

Singapore Exchange. It adopted the Employee Share Option Scheme (the “Scheme”) on 2 February 2010.

Since the adoption of the Scheme, CITIC Envirotech has granted the following share options:

Date of grant

Number of

share options

Exercise price

per share

Exercise period

S$

01.03.2010

4,375,000

0.2780

01.03.2011 – 01.03.2020

01.03.2010

4,375,000

0.2224

01.03.2012 – 01.03.2020

20.07.2010

1,500,000

0.3830

20.07.2011 – 20.07.2020

20.07.2010

1,500,000

0.3064

20.07.2012 – 20.07.2020

15.02.2013

49,950,000

0.552

15.02.2015 – 15.02.2023

15.02.2013

49,950,000

0.552

15.02.2015 – 15.02.2023

28.03.2013

12,000,000

0.584

28.03.2015 – 28.03.2023

25.07.2014

6,000,000

1.135

25.07.2016 – 25.07.2024

Under the Scheme, the ordinary shares of CITIC Envirotech under option may be exercised in full or a multiple

thereof, on the payment of the exercise price.

The grantees were certain directors and employees of CITIC Envirotech. None were granted to the directors, chief

executives or substantial shareholders of the Company. As at 1 January 2016, 53,875,500 ordinary shares of CITIC

Envirotech under option were outstanding. None of the ordinary shares of CITIC Envirotech under option were

exercised, lapsed or cancelled during the six months ended 30 June 2016.

No options were granted during the period. As at 30 June 2016, 53,875,500 ordinary shares of CITIC Envirotech

under option were exercisable.

A summary of the share options under the Scheme during the six months ended 30 June 2016 is as follows:

A. Directors of CITIC Envirotech

Number of share options

Date of grant

Balance

as at

01.01.2016

Granted

during the

six months

ended

30.06.2016

Cancelled

during the

six months

ended

30.06.2016

Lapsed

during the

six months

ended

30.06.2016

Exercised

during the

six months

ended

30.06.2016

Balance

as at

30.06.2016

01.03.2010

1,500,000

1,500,000

01.03.2010

1,500,000

1,500,000

28.03.2013

12,000,000

– 12,000,000