China Aviation Oil Singapore : Announcement of Cessation of Non-Executive, Non Independent Director – Mr Eugene Leong Jhi Ghin

CHANGE - ANNOUNCEMENT OF CESSATION::CESSATION OF NON-EXECUTIVE, NON-INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager

CHINA AVIATION OIL (SINGAPORE) CORPORATION LTD

Securities

CHINA AVIATION OIL(S) CORP LTD - SG1T06929205 - G92

Stapled Security

No

Announcement Details

Announcement Title

Change - Announcement of Cessation

Date &Time of Broadcast 18-Feb-2021 18:14:31

Status

New

Announcement Sub Title

Cessation of Non-Executive, Non-Independent Director

Announcement Reference

SG210218OTHRCNFO

Submitted By (Co./ Ind. Name)

Doreen Nah

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Cessation of Non-Executive, Non-Independent Director, Chairman of Risk Management Committee and Member of Audit Committee

Additional Details

Name Of Person

Eugene Leong Jhi Ghin

Age 44

Is effective date of cessation known?

Yes

If yes, please provide the date 19/02/2021

Detailed Reason (s) for cessation

Mr. Eugene Leong has resigned as a Director of the Company given that his recent appointments as BP's Vice President of Re�ning and Products Trading, Asia Paci�c and Middle East, and Chief Executive Of�cer of BP Trading & Shipping Eastern Hemisphere, could place him in situations, whether directly or indirectly, in con�ict with the interests of the Company.

The Board expresses its deep appreciation to Mr. Eugene Leong for his leadership and invaluable contributions during his tenure of service.

Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its �nancial reporting?

No

Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?

No

Any other relevant information to be provided to shareholders of the listed issuer?

No

Date of Appointment to current position 01/11/2019

Does the AC have a minimum of 3 members (taking into account this cessation)?

Yes

Number of Independent Directors currently resident in Singapore (taking into account this cessation)

3

Number of cessations of appointments speci�ed in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months 2

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)

Non-Executive, Non-Independent Director,

Chairman of the Risk Management Committee and a member of the Audit Committee

Role and responsibilities

Non-Executive

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries

No

Shareholding interest in the listed issuer and its subsidiaries?

No

Past (for the last 5 years)

Nil

Present

BP Singapore Pte. Limited BP Asia Paci�c Pte Ltd

BP Energy Asia Pte. Limited