China Petroleum & Chemical : Resignation of Director and Chief Financial Officer

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

(Stock Code: 00386)

Resignation of Director and Chief Financial Officer

The board of directors (the "Board") of China Petroleum & Chemical Corporation ("Sinopec Corp. " or the "Company") announces that due to change of working arrangement, on 9 December 2019, Mr. Liu Zhongyun tendered his resignation to the Board as executive director, member of Strategy Committee of the Board and Senior Vice President of Sinopec Corp., and Mr. Wang Dehua tendered his resignation as the Chief Financial Officer of Sinopec Corp. (the "Resignation").

Mr. Liu Zhongyun and Mr. Wang Dehua have confirmed that they have no disagreement with the Board and there are no other matters relating to the Resignation that need to be brought to the attention of shareholders of Sinopec Corp.

Mr. Liu Zhongyun and Mr. Wang Dehua are diligent and responsible during their tenure. The Board would like to express its gratitude to Mr. Liu Zhongyun and Mr. Wang Dehua for their hard working and contributions to the Company.

By Order of the Board

China Petroleum & Chemical Corporation

Huang Wensheng

Vice President and Secretary to the Board of Directors

Beijing, the PRC,

9 December 2019

As of the date of this announcement, directors of the Company are: Dai Houliang*, Ma Yongsheng#, Li Yunpeng*, Yu Baocai*, Ling Yiqun#, Li Yong*, Tang Min+, Fan Gang+, Cai Hongbin+, Ng, Kar Ling Johnny+

• Executive Director

• Non-executiveDirector

• Independent Non-executive Director