China Petroleum Holdings Limited will hold its Annual General Meeting on 31 May 2024 to discuss matters such as re-election of retiring directors, general mandates to issue and repurchase shares. The Company received a general authorization to repurchase shares on June 21, 2023, which will expire at the close of this Annual General Meeting. The Company plans to submit an ordinary resolution at the General Meeting to approve a new repurchase authorization allowing the repurchase of up to 10% of the issued shares. In addition, the Company will propose a general authorization to issue shares, allowing the issuance of up to 20% of the issued shares. The Board of Directors recommends that shareholders vote in favour of the relevant resolutions, believing that these measures are in the best interests of the Company and its shareholders. Notice of the Annual General Meeting was issued on 29 April 2024, accompanied by a proxy form.

China Petroleum Holdings Limited will hold its Annual General Meeting on 31 May 2024 to discuss matters such as re-election of retiring directors, general mandates to issue and repurchase shares. The Company received a general authorization to repurchase shares on June 21, 2023, which will expire at the close of this Annual General Meeting. The Company plans to submit an ordinary resolution at the General Meeting to approve a new repurchase authorization allowing the repurchase of up to 10% of the issued shares. In addition, the Company will propose a general authorization to issue shares, allowing the issuance of up to 20% of the issued shares. The Board of Directors recommends that shareholders vote in favour of the relevant resolutions, believing that these measures are in the best interests of the Company and its shareholders. Notice of the Annual General Meeting was issued on 29 April 2024, accompanied by a proxy form.