Stock code: 688472 Stock abbreviation: Canadian Solar Announcement No.: 2024-072

Canadian Solar Group Co., Ltd

Announcement of the resolution of the seventh meeting of the second session of the board of directors

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content.

1. Convening of the Board of Directors Meeting

The notice of the seventh meeting of the second session of the board of directors of Canadian Solar Group Co., Ltd. (hereinafter referred to as the "Company") was sent to all directors by email and other means on November 22, 2024, and was held by communication vote on November 28, 2024. The meeting was convened and presided over by Mr. Qu Xiaohua, chairman of the board, and 9 directors should be present at the meeting, and 9 people actually attended.

The convening and convening of this meeting is in accordance with the Company Law of the People's Republic of China and other laws, regulations, departmental rules, as well as the relevant provisions of the Articles of Association of Canadian Solar Group Co., Ltd. The resolutions of the meeting are legal and valid.

2. Deliberations of the Board of Directors Meeting

(1) Reviewed and approved the "Proposal on the Estimated Quota of Daily Related Party Transactions in 2025"

Voting results: 6 in favor; 3 recused; 0 abstentions; 0 opposed. Among them, Xiaohua Qu (Qu Xiao

Mr. Hua, Mr. Yan Zhuang and Mr. Leslie Li Hsien Chang

Abstain from voting.

This proposal has been deliberated and approved by the special meeting of independent directors and the audit committee of the board of directors, and needs to be submitted to the general meeting of shareholders for deliberation.

For details, please refer to the "Announcement of Canadian Solar Group Co., Ltd. on the Estimated Daily Connected Transaction Quota in 2025" (Announcement No.: 2024-065) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(2) Reviewed and approved the "Proposal on the Company's 2025 Credit and Guarantee Quota Estimate"

Voting results: 9 in favor; 0 abstentions; 0 opposed.

This proposal still needs to be submitted to the general meeting of shareholders for deliberation.

For details, please refer to the "Announcement of Canadian Solar Group Co., Ltd. on the Estimated Credit and Guarantee Lines for 2025" (Announcement No.: 2024-066) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(3) Reviewed and approved the "Proposal on Providing Counter-Guarantee Estimates for the New Performance and Financing Business of Holding Subsidiaries in 2025"

Voting results: 6 in favor; 3 recused; 0 abstentions; 0 opposed. Among them, Xiaohua Qu (Qu Xiao

Mr. Hua, Mr. Yan Zhuang and Mr. Leslie Li Hsien Chang

Abstain from voting.

This proposal has been deliberated and approved by the special meeting of independent directors and the audit committee of the board of directors, and needs to be submitted to the general meeting of shareholders for deliberation.

For details, please refer to the "Announcement of Canadian Solar Group Co., Ltd. on Providing Counter-Guarantee Expectations for the New Performance and Financing Business of the Holding Subsidiary in 2025" (Announcement No.: 2024-067) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(4) Reviewed and approved the "Proposal on Adjusting the Incentive Objects and Shares of the 2024 Restricted Stock Incentive Plan"

Voting results: 5 in favor; 4 recused; 0 abstentions; 0 opposed. Among them, Mr. Xiaohua Qu, Mr. Yan Zhuang, Mr. Guangchun Zhang and Ms. Gao Linhong abstained from voting.

This proposal has been deliberated and approved by the Remuneration and Assessment Committee of the Board of Directors, and agreed to be submitted to the Board of Directors of the Company for deliberation.

For details, please refer to the "Announcement of Canadian Solar Group Co., Ltd. on the First Grant of Restricted Shares to the Incentive Recipients of the 2024 Restricted Stock Incentive Plan" (Announcement No.: 2024-068) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(5) Reviewed and approved the "Proposal on Granting Restricted Shares to the Incentive Recipients of the 2024 Restricted Stock Incentive Plan for the First Time"

Voting results: 5 in favor; 4 recused; 0 abstentions; 0 opposed. Among them, Mr. Xiaohua Qu, Mr. Yan Zhuang, Mr. Guangchun Zhang, and Gao Linhong

Ladies abstained from voting.

After careful verification, the board of directors of the company has determined that there are no other circumstances in which the company and the incentive object cannot be granted or cannot become the incentive object, and the grant conditions of this incentive plan have been fulfilled.

This proposal has been deliberated and approved by the Remuneration and Assessment Committee of the Board of Directors, and agreed to be submitted to the Board of Directors of the Company for deliberation.

For details, please refer to the "Announcement of Canadian Solar Group Co., Ltd. on the First Grant of Restricted Shares to the Incentive Recipients of the 2024 Restricted Stock Incentive Plan" (Announcement No.: 2024-068) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(6) Reviewed and approved the "Proposal on Repurchasing the Company's Shares by Centralized Bidding Transaction"

Voting results: 9 in favor; 0 abstentions; 0 opposed.

This proposal still needs to be submitted to the general meeting of shareholders for deliberation.

For details, please refer to the "Announcement of Canadian Solar Group Co., Ltd. on the Plan to Repurchase the Company's Shares by Centralized Bidding Transaction" (Announcement No.: 2024-070) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(7) Reviewed and passed the "Proposal on Using Part of the Over-raised Funds to Permanently Replenish Liquidity"

Voting results: 9 in favor; 0 abstentions; 0 opposed.

This proposal still needs to be submitted to the general meeting of shareholders for deliberation.

For details, please refer to the "Announcement of Canadian Solar Group Co., Ltd. on Using Part of the Over-raised Funds to Permanently Replenish Liquidity" (Announcement No.: 2024-071) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

(8) Reviewed and approved the "Proposal on Convening the Second Extraordinary General Meeting of Shareholders in 2024"

Voting results: 9 in favor; 0 abstentions; 0 opposed.

For details, please refer to the Notice of Canadian Solar Group Co., Ltd. on Convening the Second Extraordinary General Meeting of Shareholders in 2024 (Announcement No.: 2024-074) disclosed by the Company on the website of the Shanghai Stock Exchange (www.sse.com.cn) on the same day.

The announcement is hereby made.

Board of Directors of Canadian Solar Group Co., Ltd

November 30, 2024