The board of directors of China Petroleum & Chemical Corporation (Sinopec Corp.) received Mr. Zhang Yuzhuo's resignation on 2 August 2021 as Chairman of the Board, non-executive director, Chairman of each of the Strategy Committee and Sustainable Development Committee of the Board, and a member of Nomination Committee of the Board of Sinopec Corp. due to change of working arrangement. Mr. Zhang Yuzhuo was diligent and responsible during his tenure, and played a significant role in improving Sinopec Corp.'s governance as well as promoting the Company's healthy and sustainable development and proactive performance of social responsibilities. Pursuant to the Company Law of the People's Republic of China and the Articles of Association of China Petroleum & Chemical Corporation, all directors of the Company jointly recommended Mr. Ma Yongsheng, a director of the company, to perform the duties of Chairman of the Board with effect from the date of recommendation to the date when the new Chairman of the Board of the Company is elected.