China Aviation Oil (Singapore) Corporation Ltd. announce that the Board, having considered the recommendations of the Nominating Committee and the qualifications and experiences of Mr. Lin Yi, approved the appointment of Mr. Lin Yi as the Chief Executive Officer of the Company in place of Mr. Wang Yanjun. Mr. Lin will be responsible for the overall management of the business operations of the Company. Working Experience: November 2018 to date General Manager, China National Aviation Fuel South China Bluesky Corporation Ltd. May 2013 to November 2018 General Manager, China National Aviation Fuel South China Bluesky Corporation Ltd, Guangdong Branch September 2010 to May 2013 Adviser, China National Aviation Fuel South China Bluesky Corporation Ltd, Guangdong Branch.

Professional Qualifications: Bachelor of Engineering Studies Qualified Senior Engineer, China. Appointment Date is Sep. 15, 2022.