EURO TECH HOLDINGS CO LTD

Euro Tech distributes advanced water treatment equipment, laboratory instruments, analyzers, test kits, related supplies, and power generation equipment. The company serves corporate customers, not individual end-users. Euro Tech's customers in mainland China are corporate customers. The company does not consider itself a critical information infrastructure operator or online platform operator under China's Cybersecurity Review Measures (effective February 15, 2022). Euro Tech does not currently hold, and does not anticipate collecting, personal information of more than one million users. Euro Tech may transfer cash to its subsidiaries through capital contributions and/or intercompany loans. Euro Tech's subsidiaries may transfer cash to Euro Tech through dividends or other distributions and/or intercompany loans. Currently, Euro Tech's subsidiaries do not require loans or capital contributions from Euro Tech to fund their operations, and Euro Tech's subsidiaries do not currently intend to pay any cash dividends in the near future.