Stock code: 688599 Stock abbreviation: Trine Solar Announcement No.: 2024-052.

Convertible Bond Code: 118031 Convertible Bond Short for: Day 23 Convertible Bond

SkyTeam Energy Co., Ltd.

2023 Annual Equity Distribution Implementation Announcement

the company's board of directors and all directors to ensure that the contents of the announcement does not exist any false records, misleading statements or major omissions, and the authenticity, accuracy and completeness of the contents of the legal responsibility.

Important Content Tips:

Whether differential dividend transfer is involved: Yes

Distribution per share

Cash dividend per share 0.633 yuan (tax included)

Relevant Date

Equity registration date ex-rights (dividend) date cash dividend payment date

2024/6/19 2024/6/20 2024/6/20

The number and date of the shareholders' meeting 1. to adopt the distribution plan.

The profit distribution plan was approved by the company's 2023 annual general meeting on May 16, 2024. 2. allocation scheme

1. Issuance year: 2023

2. Assign objects:

As of the closing of the Shanghai Stock Exchange in the afternoon of the equity registration date, all shareholders of the company registered in the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. (hereinafter referred to as "China Clearing Shanghai Branch"). (except for the special securities account for the repurchase of Trine Solar Co., Ltd.).

In accordance with the "the People's Republic of China Company Law", "the People's Republic of China Securities Law", "Shanghai Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 7-Share Repurchase" and other relevant laws, administrative regulations, and departmental rules

And other regulatory documents and the relevant provisions of the Articles of Association of Trine Solar Energy Co., Ltd., the shares in the company's repurchase special securities account do not enjoy the rights of voting rights at the general meeting of shareholders, profit distribution, provident fund to increase share capital, subscription of new shares and allotment of shares.

3. Differentiated dividend scheme:

(1) This differentiated dividend scheme

The Company held its 2023 Annual General Meeting on May 16, 2024 to consider and approve the "On the 2023 of the Company".

The motion on the annual profit distribution plan shall distribute profits on the basis of deducting the number of shares in the company's special repurchase account from the total share capital registered on the date of equity distribution, and a cash dividend of RMB 6.33 (including tax) shall be distributed for every 10 shares. If there is a change in the total share capital of the Company (net of the balance of shares in the Company's repurchase special account) before the equity registration date for the implementation of the equity distribution, the Company intends to maintain the distribution ratio per share unchanged and adjust the total amount of distribution accordingly.

As of the disclosure date of this announcement, the total share capital of the Company is 2,179,364,604 shares, net of shares in the repurchase account.

The balance after 13,491,637 shares is 2,165,872,967 shares, with a cash dividend of RMB 6.33 per 10 shares.

Yuan (including tax) to calculate the total cash dividend of RMB 1,370,997,588.11 (including tax).

(2) Basis for the calculation of this differentiated dividend

In accordance with the relevant provisions of the Trading Rules of the Shanghai Stock Exchange, the Company calculates the ex-rights and ex-dividend opening reference price according to the following formula:

Ex-rights (dividend) reference price = (previous closing price-cash dividends) ÷(1 + percentage change in outstanding shares)

According to the Company's 2023 Annual General Meeting of Shareholders, the Company's Profit Distribution for the Year 2023 was approved.

The company's annual profit distribution in 2023 will only pay cash dividends, and will not carry out share gifts and capital reserves to increase share capital. As a result, there will be no change in the number of shares outstanding and the percentage change in shares outstanding will be zero. As the Company's dividend is a differentiated dividend, the virtual cash dividend is calculated by adjusting the actual distribution based on the dilution of the total share capital, I .e:

Virtual cash dividends per share = (total share capital involved in distribution x actual cash dividends per share) ÷ total share capital =(2,179,364,604-13,491,637) x 0.633 ÷ 2,179,364,604 ≈ $0.62908 per share.

Therefore, the Company's ex-dividend reference price for this equity distribution = (previous closing price -0.62908)÷(1+0)= previous closing price-$0.62908 per share.

3. relevant date

Equity registration date ex-rights (dividend) date cash dividend payment date

2024/6/19 2024/6/20 2024/6/20

Implementation Measures for 4. Allocation

1. Implementation method

The shares in the company's special securities account for repurchase do not participate in the distribution of profits. In addition to the company's own distribution objects, the dividends of the remaining shareholders of the company are entrusted to China Clearing Shanghai Branch through its capital clearing system to shareholders who are registered after the closing of the Shanghai Stock Exchange on the equity registration date and have handled designated transactions on the Shanghai Stock Exchange. Investors who have handled designated transactions can receive cash dividends at their designated securities business department on the dividend payment date. Shareholders' dividends that have not handled designated transactions are temporarily kept by China Clearing Shanghai Branch and will be distributed after the designated transactions are handled.

2. Self-issued object

The cash dividends of the company's shareholders Gao Jifan (the account of the shares attributable to the equity incentive will be distributed by China Clearing Shanghai Branch), Jiangsu Panji Investment Co., Ltd., Tianhe Xingyuan Investment Development Co., Ltd., and Jiangsu Qinghai Investment Co., Ltd. will be distributed by the company itself.

3. Tax deduction instructions

(1) For natural person shareholders and securities investment funds who hold the company's unrestricted tradable shares, according to the "Notice on Issues Concerning the Implementation of Differentiated Individual Income Tax Policies for Dividends and Dividends of Listed Companies" (Caishui [2012] No. 85) and "About Listed Companies Notice on Issues Concerning Differentiated Individual Income Tax Policies for Dividends and Dividends (Caishui [2015] No. 101), if an individual (including a securities investment fund) acquires shares of a listed company from the public offering and transfer market, and the holding period (refers to the holding time from the date of acquisition of the company's shares from the public offering and transfer market to the day before the date of transfer and delivery of the shares) exceeds 1 year, the dividend income shall be temporarily exempted from the levy.

Personal income tax, the actual cash dividend per share is 0.633 yuan; The holding period is within 1 year (including 1

In the year), the dividend company will not withhold personal income tax for the time being, and the actual cash dividend per share will be 0.633 yuan. When individuals (including securities investment funds) transfer their shares, China Clearing Shanghai Branch will calculate the amount of tax payable according to their shareholding period, which will be deducted and paid by the securities company and other share custodian from their capital accounts.

China Clearing Shanghai Branch and China Clearing Shanghai Branch shall pay the company within 5 working days of the following month, and the company shall declare and pay the tax to the competent tax authority within the statutory reporting period of the month in which the tax is received. The specific actual tax burden is: if the holding period is less than 1 month (including 1 month), the full amount of dividend income shall be included in the taxable income,

The actual tax burden is 20%; if the holding period is more than one month to one year (including one year), the temporary reduction shall be included at 50%.

Taxable income, the actual tax burden is 10%, and if the holding period exceeds 1 year, the dividend income is temporarily exempt from personal income tax.

(2) For qualified foreign institutional investor (QFII) shareholders, in accordance with the "Notice of the State Administration of Taxation on Issues Concerning the Withholding of Corporate Income Tax on Dividends, Dividends, and Interest Paid by Chinese Resident Enterprises to QFII" (Guoshuihan [2009] No. 47) According to the regulations, the company withholds and pays 10% cash dividend income tax, and the actual cash dividend after tax deduction is RMB 0.5697 per share. If the relevant shareholders believe that the dividends and bonus income they receive need to enjoy tax treaty (arrangement) treatment or other preferential tax policies, they may apply to the competent tax authorities on their own after receiving the dividends and dividends in accordance with the regulations.

(3) For shareholders of the Stock Exchange of Hong Kong Limited (including enterprises and individuals) who hold shares of the Company through the Shanghai Stock Connect, their cash dividends will be distributed in RMB by the Company through the Shanghai Branch of China Clearing in accordance with the account of the nominal holder of the shares. According to the "Notice on Tax Policies for the Pilot Interconnection Mechanism of Shanghai and Hong Kong Stock Markets" (Caishui [2014] No. 81), the cash dividend will be withheld and paid by the Company at a tax rate of 10%, and the actual cash dividend per share after tax is RMB 0.5697 per share. If the relevant shareholders believe that the dividend income they receive is subject to any tax treaty (arrangement) treatment or other tax incentives, they may do so on their own in accordance with the relevant regulations.

(4) For other institutional investors and corporate shareholders, the company will not withhold and pay corporate income tax, and its cash dividend income tax will be paid by itself. The actual cash dividend per share of the company is RMB 0.633 per share before tax.

5. relevant advisory measures

If you have any questions about this distribution, please follow the following contact information:

Contact Department: Office of the Board of Directors of Trinity

Tel: 0519-81588826

It is hereby announced.

Board of Directors of SkyTeam

14 June 2024