Sinopec Kantons Holdings Limited announced the resignation of Mr. Chen Bo as the Chairman of the Board, an executive Director and a member of each of the Remuneration Committee and the Nomination Committee of the Company, and the appointment of Mr. Chen Yaohuan as the Chairman of the Board, an executive Director and a member of each of the Remuneration Committee and the Nomination Committee of the Company. The Board announced that due to personal health reasons, Mr. Chen Bo has tendered his resignation. Since July 2019, Chen Yaohuan has been serving as the deputy supervisor (in the capacity as acting supervisor) and the head engineer of the refining business division of China Petroleum & Chemical Corporation.