SINOPEC Engineering : ANNOUNCEMENT OF RESOLUTIONS PASSED AT THE FIFTEENTH MEETING OF THE THIRD SESSION OF THE BOARD

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中 石 化 煉 化 工 程（ 集 團 ）股 份 有 限 公 司

SINOPEC Engineering (Group) Co., Ltd.*

(a joint stock limited liability company incorporated in the People's Republic of China)

(Stock Code: 2386)

ANNOUNCEMENT OF RESOLUTIONS PASSED AT THE FIFTEENTH

MEETING OF THE THIRD SESSION OF THE BOARD

SINOPEC Engineering (Group) Co., Ltd. (the "Company", together with its subsidiaries, the "Group") held the fifteenth meeting (the "Meeting") of the Third Session of the board of directors of the Company (the "Board") on 20 March 2021.

The convening of, and the procedures for holding, the Meeting were in compliance with relevant laws, regulations and the Company's articles of association (the "Articles").

The Board hereby announces that, after due consideration, each of the following resolutions was approved at the Meeting:

• 1. the report of the Board for the year 2020;

• 2. the report on the production and operation for the year 2020 and the work arrangements for the year 2021;

3.	the report on the operating results, financial performance and other relevant matters for
the year 2020 (including the matter in relation to the unfulfillment of the conditions
to the third effective phase of the Initial Grant under the H Share Appreciation Rights
Scheme, the details of which were set out in the section headed "Significant Events - 2
H Share Appreciation Rights Scheme" of 2020 annual report of the Company);
4.	the proposal to approve the audited financial statements for the year 2020;
5.	the proposed annual report and results announcement for the year 2020;
*	For identification purposes only

• 6. the proposed environmental, social and governance report for the year 2020;

• 7. the proposed business operation plan, investment plan and financial budget for the year 2021;

• 8. the proposed cap for the amount of performance guarantee(s) to be provided by the Company (as the parent company) for the benefit of its subsidiaries for the year 2021;

• 9. the proposed final dividend distribution plan for the year 2020 and the authorisation to the Board to determine the interim profit distribution plan for the year 2021 to be put forward for approval at the Company's annual general meeting for the year 2020 (the "AGM");

• 10. the proposed appointment of domestic auditor and international auditor and the proposed authorisation to the Board to fix their remuneration for the year 2021;

• 11. the proposed approval of "Internal Control Manuals (Edition 2021)";

• 12. the proposed approval of "2020 Internal Control System Work Report";

• 13. the proposed grant of a general mandate to the Board to repurchase domestic shares and/or H shares of the Company to be put forward for approval at the AGM, the first domestic shares class meeting for the year 2021 and the first H shares class meeting for the year 2021 (together, the "Class Meetings");

• 14. the proposed grant of a general mandate to the Board to issue domestic shares and/or H shares of the Company to be put forward for approval at the AGM; and

• 15. the proposed approval of convening the AGM and the Class Meetings.

The above proposals 1, 4, 7, 9, 10 and 14 shall be submitted to the AGM for consideration. Proposal 13 shall be submitted to the AGM and the Class Meetings for consideration. For further details, please refer to the announcements, circular and notices of the Company dated 22 March 2021.

By order of the Board

SINOPEC ENGINEERING (GROUP) CO., LTD.

JIA Yiqun

Chief Financial Officer, Company Secretary

Beijing, the PRC

22 March 2021

As at the date of this announcement, directors of the Company are: SUN Lili#, XIANG Wenwu#, JIANG Dejun#; WU Wenxin*, HUI Chiu Chung, Stephen+, JIN Yong+ and YE Zheng+.

#	Executive Directors
*	Non-executive Director
+	Independent non-executive Directors

This announcement is available on the website of Hong Kong Exchanges and Clearing Limited (www.hkex.com.hk) and on the website of the Company (www.segroup.cn).