The board of directors of Sinopec Kantons Holdings Limited announced the following changes to its composition with effect from 25 March 2020: the resignation of (i) Mr. Xiang Xiwen as the Deputy Chairman of the Board and an executive Director of the Company, and (ii) Mr. Dai Liqi and Mr. Li Jianxin as executive Directors of the Company; and the appointment of Mr. Zhong Fuliang, Mr. Mo Zhenglin, Mr. Yang Yanfei and Mr. Zou Wenzhi as executive Directors of the Company. Mr. Zhong Fuliang is a senior economist. From August 1991 to December 1993, Mr. Zhong served as a cadre of Zhenhai Petrochemical General Plant. From December 1993 to March 2015, he successively served as the Deputy Chief and Chief of the Economic and Trade (Second) Division of the Economic and Trade Department, Chief of the Economic and Trade (First) Division of the Economic and Trade Department, the Deputy Head of the Economic and Trade Department, General Manager of International Trade Company, Head of the Economic and Trade Department, Head of Business Planning Department, of Sinopec Zhenhai Refining & Chemical Co. Ltd.; Deputy Chief Economist and Deputy General Manager of Zhenhai Refining & Chemical Branch Company of China Petroleum and Chemical Corporation ("Sinopec Corp."). Mr. Mo Zhenglin, from August 1986 to August 2008, Mr. Mo successively served as the Deputy Chief of the Accounting Division, the Chief of the Accounting Division and the Deputy Head of the Accounting Division of Beijing Yanshan Petrochemical Corporation, Deputy Supervisor of the Finance Department and Head of the Accounting Division of Beijing Yanshan Petrochemical Co. Ltd. and Chief Accountant and Head of the Finance Division of its Refinery Department, Deputy Chief Accountant and Chief Accountant of Sinopec Corp. Beijing Yanshan Branch Company. From August 2008 to August 2017, he served as Chief Accountant and Deputy Supervisor of the Chemical Division of Sinopec Corp. Mr. Yang was a technician of Beijing Yanshan Petrochemical Corporation from August 1991 to May 1993; from May 1993 to August 1998, he successively served as the assistant engineer and engineer of the Production Management Department of China National Petrochemical Corporation; from August 1998 to December 2000, he was an assistant researcher in the Planning and Development Department of the State Petroleum and Chemical Industry Bureau; from December 2000 to March 2003, he successively served as an assistant researcher in the Economic Operation Bureau and the Department of Resource Conservation and Comprehensive Utilization of the State Economic and Trade Commission; from March 2003 to June 2004, he was the assistant researcher of the Environment and Resources Comprehensive Utilization Department of the National Development and Reform Commission; from June 2004 to December 2019, he successively served as Acting Deputy Head, Deputy Head, and Head of the Dispatching Division, Head of Planning Division of the Production and Operation Management Department and Deputy Supervisor of the Production and Operation Management Department of Sinopec Corp.; since December 2019, he has been the Deputy General Manager of the Production and Operation Management Department of Sinopec Corp. From August 1992 to July 1999, Mr. Zou successively served as an assistant economist and economist in the Economic Division of Sinopec Beijing Design Institute; from July 1999 to December 2009, he successively served as an economist, senior economist and Deputy Supervisor of the Cost Department of Sinopec Engineering Incorporation; from August 2008 to June 2016, he successively served as the Deputy Head and Head of the Overseas Refining and Chemical Project Cooperation Division of the Development Planning Department of Sinopec Corp.; from June 2016 to August 2019, he was a member of the Management Committee of Russia SIBUR Management Co. Ltd., among them, from June 2016 to June 2018, he was also Deputy Supervisor of the Foreign Cooperation Office of Sinopec Corp.; from June 2018 to December 2019, he served as Deputy Supervisor of International Cooperation Department, Deputy Head of Foreign Affairs Bureau, Deputy Supervisor of Hong Kong, Macao and Taiwan Office of Sinopec Corp.; from December 2019, he has been the Deputy General Manager of the International Cooperation Department, Deputy General Manager of the Foreign Affairs Department, and the Deputy Supervisor of the Hong Kong, Macao and Taiwan Offices of Sinopec Corp. Mr. Zou has been working inside Sinopec Group since he started working. He has worked in the headquarters of key national enterprises, large-scale refining and chemical companies and overseas projects. He also has extensive practical experience in foreign chemical business cooperation management, mergers and acquisitions, foreign affairs management, and project management.