China Petroleum & Chemical Corporation details share repurchases

China Petroleum & Chemical Corporation announced its Next Day Disclosure Return for November 26, 2025, detailing a series of H-share repurchases. On the reporting date, the company repurchased 11 million H-shares on the Exchange at prices ranging from HK$4.41 to HK$4.44, totaling HK$48,638,700. These shares are intended for cancellation. The total number of issued H-shares remains at 23,945,350,600 as of the closing balance date.

In aggregate, China Petroleum & Chemical Corporation repurchased 192.52 million H-shares under the mandate granted on May 28, 2025. This represents 0.16% of the company's issued H-shares (excluding treasury shares) as of the resolution date. The total number of H-shares authorized for repurchase under this mandate is 2,404,929,260. The company also noted that it repurchased 89,349,476 A-shares between August 22 and November 20, 2025, which were subsequently cancelled on November 24, 2025.

The repurchases are in accordance with Main Board Rule 10.06(1)(c), which limits repurchases to not more than 10% of issued shares of each type. A moratorium period for new share issues or treasury share sales/transfers following these repurchases extends up to December 26, 2025.