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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibilities for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 00386)

Appointment of Employee’s Representative Supervisors

Pursuant to the Company Law of People’s Republic of China and the articles of association of China Petroleum & Chemical Corporation (“Sinopec Corp.” or “Company”), Mr. Zhou Hengyou, Mr. Yu Renming and Mr. Yu Xizhi were elected as the employee representative supervisors (the “Employee’s Representative Supervisor(s) ”) of the seventh session of the Board of Supervisors of the Company (the “Board of Supervisors”) through democratic procedure. They form the seventh session of the Board of Supervisors together with the supervisors elected at the annual general meeting of the Company for 2017 ( the “AGM”) for a term commencing from the date of the AGM and ending on the expiry of the term of the seventh session of the Board of Supervisors.

Details of the Employee’s Representative Supervisors:

Zhou Hengyou, aged 55, Mr. Zhou is a professor level senior administration engineer with a master degree. In December 1998, Mr. Zhou was appointed as a standing committee member of CPC Committee and Vice Trade Union Chairman of Jiangsu Petroleum Exploration Bureau; in February 1999, he was appointed as a standing committee member of CPC Committee and Trade Union Chairman of Jiangsu Petroleum Exploration Bureau of China Petrochemical Corporation; in December 2002, he was appointed as Deputy Secretary of CPC Committee and Trade Union Chairman of Jiangsu Petroleum Exploration Bureau; in June 2004, he was appointed as Deputy Secretary of CPC Committee and Secretary of CPC Disciplinary Inspection Committee of Jiangsu Petroleum Exploration Bureau; in August 2005, he was appointed as Secretary of CPC Committee of Jiangsu Petroleum Exploration Bureau; in March 2011, he was appointed as Director General and Secretary of CPC Committee of China Petrochemical News; in March 2015, he was appointed as Director General of the General Office of China Petrochemical Corporation, Director General of Policy Research Department of the General Office, and Director General of President’s office of Sinopec Corp.; in May 2015, he was elected as Supervisor of Sinopec Corp.; in August 2015, he was appointed as Director General of Board of Directors Office under China Petrochemical Corporation. In May 2018, he was elected as Employee’s Representative Supervisor of Sinopec Corp.

Yu Renming, aged 54, Mr. Yu is a professor level senior engineer with a university diploma. In June 2000, he was appointed as the Deputy General Manager of Sinopec Zhenhai Refining & Chemical Co., Ltd.; in June 2003, he was appointed as the Board Director and Deputy General Manager of Sinopec Zhenhai Refining & Chemical Co., Ltd.; in September 2006, he was appointed as the Vice President of Sinopec Zhenhai Refining & Chemical Company; in September 2007, he was appointed as the President and the Deputy Secretary of CPC committee of Sinopec Zhenhai Refining & Chemical Company; in January 2008, he was appointed as the Director General of Sinopec Production Management Department; in December 2017, he was appointed as the Director General of Refining Department of Sinopec Corp. In December 2010, he was elected as Employee’s Representative Supervisor of Sinopec Corp.

Yu Xizhi, aged 56, Mr. Yu is a professor level senior engineer with a Ph.D. in engineering. In August 1997, he was appointed as Deputy General Manager of Anqing Petrochemical Complex and Manager of Fertiliser Plant; in September 1999, he became a member of the CPC Standing Committee of Anqing Petrochemical Complex; in February 2000, he was appointed as Deputy General Manager of Sinopec Anqing Company; in September 2000, he was appointed as General Manager of Sinopec Anqing Company; in January 2005, he was appointed as General Manager of Anqing Petrochemical Complex; from May 2009 to July 2010, he served a temporary position at the Standing Committee of the CPC Anqing Committee; in July 2010, he became General Manager and Deputy Secretary of the CPC Committee of Maoming Petrochemical Company and General Manager of Sinopec Maoming Company; in July 2016, Mr. Yu was appointed as head of Maoming Zhanjiang Integration Project Leading Group; in December 2016, he became Executive Director, General Manager and Deputy Secretary of the CPC Committee of Zhongke (Guangdong) Refining and Petrochemical Co., Ltd.; since April 2017, Mr. Yu has been Director General of Human Resources Department of Sinopec Corp. In June 2017, he was elected as Employee’s Representative Supervisor of Sinopec Corp.

Other than disclosed above, none of the above Employee’s Representative Supervisors has served as directors of other listed companies in the past three years and none of them has any relationship with any other directors, supervisors, senior management or substantial shareholders or controlling shareholder of Sinopec Corp. As at the date of this announcement, none of them has any interest in the shares of Sinopec Corp. within the meaning of Part XV of the Securities and Futures Ordinance. None of the Employee’s Representative Supervisors has received any regulatory sanction imposed by the China Securities Regulatory Commission, stock exchanges or any other government authorities.

Each of the above Employee’s Representative Supervisors will enter into a service contract with Sinopec Corp. Pursuant to the provisions in the relevant service contracts, the term of each of the Employee’s Representative Supervisors shall commence from the date of the AGM and end on the expiry of the term of the seventh session of the Board of Supervisors, and the remunerations for the services provided by the Employee’s Representative Supervisors will be determined according to relevant laws and regulations and “Measures for Implementation of Remuneration Packages for Senior Management of Sinopec Corp.”. The “Measures for Implementation of Remuneration Packages for Senior Management of Sinopec Corp.” stipulates that the specific amount of remunerations will consist of a base salary, performance bonus and mid-term and long-term incentive, with specific reference to the functions, responsibilities of the relevant employee and performance of Sinopec Corp. as a whole. Sinopec Corp. will disclose in its annual report the remunerations obtained by each of the Employee’s Representative Supervisors during the relevant reporting period.

Other than those disclosed herein, there are no other matters in relation to the above Employee’s Representative Supervisors which should be disclosed to the shareholders of Sinopec Corp., or matters which would require disclosure under rule 13.51(2)(h) to 13.51(2)(v) of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Beijing, the PRC,

15 May 2018

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

^# Executive Director

^* Non-executive Director

⁺ Independent Non-executive Directo

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibilities for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 00386)

Announcement on Resolutions of the First Meeting of the Seventh Session of the Board of Directors

Important Notice:

•	All the proposed resolutions at the Meeting were approved.

The first meeting (“Meeting”) of the seventh session of the Board (the “Board”) of China Petroleum & Chemical Corporation (the “Company” or “Sinopec Corp.”) was convened and held at the headquarters of the Company on 15 May 2018 by way of on-site meeting.

9 of 11 Directors attended the Meeting. The Meeting was chaired by Director Mr. Dai Houliang. Director Mr. Ma Yongsheng did not attend the Meeting due to other working arrangement and authorised Mr. Dai Houliang to attend the Meeting and vote on his behalf. The Independent and Non-executive Director Mr. Cai Hongbin did not attend the Meeting due to working arrangement and authorised Independent and Non-executive Director Mr. Ng, Kar Ling Johnny to attend the Meeting and vote on his behalf. All members of the Board of Supervisors and senior management of the Company were present at the Meeting. The Meeting was convened and held in compliance with the requirements of relevant laws, regulations, provisions and the articles of association of the Company.

The following resolutions were unanimously approved by the attending Directors after consideration and review:

1.	To elect Mr. Dai Houliang as the Chairman of the seventh session of the Board.

Please refer to the circular for the annual general meeting for the year 2017 of the Company dated 26 March 2018 (the “Circular”) for the biographical details and other relevant information of Mr. Dai Houliang.

2.	To appoint the members of the Strategy Committee, Audit Committee, Remuneration and Appraisal Committee, Nomination Committee and Social Responsibility Management Committee under the seventh session of the Board.

(i)

Strategy Committee

Chairman: Mr. Dai Houliang

Members:

Mr. Jiao Fangzheng, Mr. Ma Yongsheng, Mr. Ling Yiqun, Mr. Liu Zhongyun, Mr. Fan Gang and Mr. Cai Hongbin

(ii)

Audit Committee

Chairman: Mr. Ng, Kar Ling Johnny

Members: Mr. Tang Min and Mr. Cai Hongbin

(iii)

Remuneration and Appraisal Committee

Chairman: Mr. Fan Gang

Members: Mr. Li Yunpeng and Mr. Ng, Kar Ling Johnny

(iv)

Nomination Committee

Chairman: Mr. Dai Houliang

Members: Mr. Tang Min and Mr. Ng, Kar Ling Johnny

(v)

Social Responsibility Management Committee

Chairman: Mr. Dai Houliang

Members: Mr. Tang Min and Mr. Fan Gang

3.

To appoint Mr. Dai Houliang as the President of the Company, to appoint Mr. Jiao Fangzheng, Mr. Ma Yongsheng, Mr. Ling Yiqun and Mr. Liu Zhongyun as Senior Vice Presidents of the Company, to appoint Mr. Wang Dehua as the Chief Financial Officer of the Company, to appoint Mr. Zhao Rifeng, Mr. Huang Wensheng and Mr. Lei Dianwu as Vice Presidents of the Company, and to appoint Mr. Huang Wensheng as the Secretary to the Board.

The Independent Non-executive Directors of the Company have expressed their independent opinion on the senior management appointments. They are of the view that each of the candidates is qualified for the relevant position and approve the above senior management appointments.

Please refer to the appendix to this announcement for the biographical details of Mr. Wang Dehua, Mr. Zhao Rifeng, Mr. Huang Wensheng and Mr. Lei Dianwu. Please refer to the Circular for the biographical details of other senior management members.

4.

To appoint Mr. Dai Houliang and Mr. Huang Wensheng as the authorised representatives under the Hong Kong Listing Rules, to appoint Mr. Zheng Baomin as the representative on securities matters and to authorise the Secretary to the Board to handle the above-mentioned matters and to sign relevant documents.

Each of the above resolutions was unanimously approved by 11 votes.

Beijing, the PRC,

15 May 2018

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

^# Executive Director

^* Non-executive Director

⁺ Independent Non-executive Director

Appendix

Wang Dehua, aged 52, Mr. Wang is a senior accountant with university diploma. In January 2001, he was appointed as Deputy Director General of Finance Department of Sinopec Corp.; in May 2014, he was appointed as Acting Director General of Finance Department of Sinopec Corp.; in October 2015, he was promoted to Director General of Finance Department of Sinopec Corp.; in November 2015, he was appointed as Director General of Finance Department of China Petrochemical Corporation; in August 2016, he was appointed as Director General of Finance Department of Sinopec Corp. Mr. Wang now concurrently acts as Vice Chairman of Sinopec Finance Co., Ltd. In September 2016, he was appointed as Chief Financial Officer of Sinopec Corp.

Zhao Rifeng, aged 55, Mr. Zhao is a Professor level Senior Engineer with a master degree. In July 2000, he was appointed as Deputy General Manager of Sinopec Jinling Petrochemical Co., Ltd and Deputy General Manager of Sinopec Jinling Company; in October 2004, he was appointed as General Manager of Sinopec Jinling Company; in October 2006, he was appointed as Vice Chairman and General Manager of Sinopec Jinling Petrochemical Co., Ltd; in November 2010, he was appointed as Chairman, General Manger, Deputy Secretary of CPC Committee of Sinopec Jinling Petrochemical Co., Ltd; in August 2013, he was appointed as Director General of Refining Segment of Sinopec Corp.; and in December 2017, he was appointed as the Chairman and Secretary of CPC Committee of Sinopec Marketing Company Limited. In February 2018, he was appointed as Vice President of Sinopec Corp.

Huang Wensheng, aged 51, Mr. Huang is a professor level senior economist with a university diploma. In March 2003, he was appointed as Deputy Director General of the Board Secretariat of Sinopec Corp.; in May 2006, he was appointed as Representative on Securities Matters of Sinopec Corp.; since August 2009, He has served as the Deputy Director General of President’s office of Sinopec Corp. In September 2009, he was appointed as Director General of the Board Secretariat of Sinopec Corp.; in May 2012, he was appointed as Secretary to the Board of Directors of Sinopec Corp. In May 2014, he was appointed as Vice President of Sinopec Corp.

Lei Dianwu, aged 55, Mr. Lei is a Professor level Senior Engineer with a university diploma. In October 1995, he was appointed as Vice President of Yangzi Petrochemical Corporation; in December 1997, he was appointed as Director General of Planning & Development Department in China Eastern United Petrochemical (Group) Co., Ltd.; in May 1998, he was appointed as Vice President of Yangzi Petrochemical Corporation; in August 1998 he was appointed as Vice President of Yangzi Petrochemical Co., Ltd.; in March 1999, he was appointed temporarily as Deputy Director General of Development & Planning Department of China Petrochemical Corporation; in February 2000, he was appointed as Deputy Director General of Development & Planning Department of Sinopec Corp.; in March 2001, he was appointed as Director General of Development & Planning Department of Sinopec Corp.; in March 2009, he was appointed as Assistant to President of China Petrochemical Corporation; in August 2013, he was appointed as the Chief Economist of China Petrochemical Corporation; in October 2015, he was appointed as Secretary to the Board of Directors of China Petrochemical Corporation. In May 2009, he was appointed as Vice President of Sinopec Corp.

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibilities for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 00386)

List of Directors and their Roles and Function

The members of the board of directors (the “Board”) of China Petroleum & Chemical Corporation are set out below.

Executive Directors

•

Dai Houliang (Chairman)

•

Jiao Fangzheng

•

Ma Yongsheng

•

Ling Yiqun

•

Liu Zhongyun

Non‐Executive Directors

•

Li Yunpeng

•

Li Yong

Independent Non‐Executive Directors

•

Tang Min

•

Fan Gang

•

Cai Hongbin

•

Ng, Kar Ling Johnny

There are five Board committees. The table below provides membership information of these committees on which each Board member serves.

Strategy Committee

Audit Committee

Remuneration and Appraisal Committee

Nomination Committee

Social Responsibility Management Committee

Beijing, 15 May 2018

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

^# Executive Director

^* Non-executive Director

⁺ Independent Non-executive Director

Announcement 4

 

The Board and all directors of Sinopec Corp. warrant that there are no false representations, misleading statements or material omissions contained in this announcement and severally and jointly accept full responsibility for the authenticity, accuracy and completeness of the information contained herein.

1.    Number of shareholders and authorised proxies attending the AGM	121
of which: A shareholders	119
H shareholders	2
2.    Total number of valid voting shares held by the attending shareholders or proxies	100,993,810,995
of which: A shares	86,391,507,825
H shares	14,602,303,170

3.    Percentage of such voting shares of the Company held by such attending shareholders or proxies, as compared with the total shares entitling the holders to attend and validly vote at the AGM (%)	83.416868
of which: A shares (%)	71,355947%
H shares (%)	12.060921%

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,387,766,425	99.999997	2,700	0.000003
H Share	14,564,172,950	99.993593	933,124	0.006407
Total	100,951,939,375	99.999073	935,824	0.000927

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,387,716,625	99.999997	2,500	0.000003
H Share	14,564,110,650	99.993297	976,324	0.006703
Total	100,951,827,275	99.999030	978,824	0.000970

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,391,062,725	100.000000	0	0.000000
H Share	14,564,506,250	99.994255	836,724	0.005745
Total	100,955,568,975	99.999171	836,724	0.000829

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,384,525,633	99.991918	6,982,092	0.008082
H Share	14,600,449,046	99.991057	1,305,824	0.008943
Total	100,984,974,679	99.991794	8,287,916	0.008206

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,391,505,025	100.000000	0	0.000000
H Share	14,600,494,046	99.989252	1,569,424	0.010748
Total	100,991,999,071	99.998446	1,569,424	0.001554

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,391,037,725	99.999517	416,900	0.000483
H Share	14,512,258,593	99.388102	89,346,877	0.611898
Total	100,903,296,318	99.911119	89,763,777	0.088881

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,391,037,725	99.999514	419,600	0.000486
H Share	14,200,860,859	99.870615	18,397,524	0.129385
Total	100,591,898,584	99.981297	18,817,124	0.018703

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,391,502,525	99.999997	2,500	0.000003
H Share	14,599,795,446	99.986915	1,910,624	0.013085
Total	100,991,297,971	99.998106	1,913,124	0.001894

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,391,452,525	99.999997	2,500	0.000003
H Share	14,599,710,546	99.986398	1,986,124	0.013602
Total	100,991,163,071	99.998031	1,988,624	0.001969

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,391,432,625	99.999974	22,400	0.000026
H Share	14,600,467,146	99.989511	1,531,624	0.010489
Total	100,991,899,771	99.998461	1,554,024	0.001539

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,261,651,231	99.849688	129,856,494	0.150312
H Share	5,778,905,169	39.717520	8,771,109,901	60.282480
Total	92,040,556,400	91.182057	8,900,966,395	8.817943

Shareholder category	For		Against
	Number of votes	(%)	Number of votes	(%)
A Share	86,219,699,889	99.801129	171,807,836	0.198871
H Share	3,166,382,905	21.685271	11,435,154,165	78.314729
Total	89,386,082,794	88.507167	11,606,962,001	11.492,833

No.	Name	Votes for	Number of votes / total valid voting shares attending the AGM	Whether elected
13.01	Dai Houling	98,327,965,737	97.360388	Yes
13.02	Li Yunpeng	99,623,248,245	98.643023	Yes
13.03	Jiao Fangzheng	100,353,898,314	99.366384	Yes
13.04	Ma Yongsheng	100,353,893,914	99.366380	Yes
13.05	Ling Yiqun	100,324,729,260	99.337502	Yes
13.06	Liu Zhongyun	100,384,201,564	99.396389	Yes
13.07	Li Yong	100,384,806,265	99.396988	Yes

No.	Name	Votes for	Number of votes / total valid voting shares attending the AGM	Whether elected
14.01	Tang Min	100,664,989,973	99.674415	Yes
14.02	Fan Gang	100,661,892,674	99.671348	Yes
14.03	Cai Hongbin	100,694,048,223	99.703187	Yes
14.04	Ng, Kar Ling Johnny	100,694,136,833	99.703275	Yes

No.	Name	Votes for	Number of votes / total valid voting shares attending the AGM	Whether elected
15.01	Zhao Dong	100,551,358,588	99.561901	Yes
15.02	Jiang Zhenying	99,583,055,917	98.603127	Yes
15.03	Yang Changjiang	99,583,000,317	98.603072	Yes
15.04	Zhang Baolong	99,583,026,517	98.603098	Yes
15.05	Zou Huiping	100,545,201,289	99.555805	Yes

By Order of the Board China Petroleum & Chemical Corporation Huang Wensheng Vice President and Secretary to the Board of Directors

 

 

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