Financial Highlights:

(17 August 2026, Hong Kong) SinopecKantons Holdings Limited (“Sinopec Kantons” or the “Company”; stock code:0934) today announced the unaudited interim results of the Company and itssubsidiaries (collectively known as the “Group”) for the six months ended 30 June 2026 (the “Reporting Period”).

In the first half of 2026, domestic economy generally maintained steady growth. As the energy market continued to be disrupted by the geopolitical conflicts in the Middle East, oil prices surged sharply and then retreated. Dragged by multipleexternal challenges including undercapacity of refineries and intensifiedmarket competition coupled with the ongoing liquidation process of RizhaoShihua, a joint venture of the Company, the Group’s domestic and overseas crudeoil jetty and storage businesses were significantly impacted, resulting in lowerrelated investment returns.

During the Reporting Period, the Group posted revenue of approximately HK$353 million,up by 14.96% year-on-year mainly due to the inclusion of Caofeidian Shihua into the Group’s consolidated financial statements. Profit attributable to the Company’s equity holders for the Reporting Period dropped by 31.40% year-on-year to approximately HK$386 million. The reduction was mainly because the escalating tensions in the Middle East weighed on the throughput of domestic joint venture terminal companies and the storage tank leasing at FOT. Moreover, the throughput and results of Rizhao Shihua were significantly lower than the same period last year. As a result, the share of results from joint ventures and associates reduced by 42.73% year-on-year to approximately HK$189 million.

In view of theGroup’s financial results, cash flow and the needs of its future development,the Board proposed to distribute an interim cash dividend of HK10 cents per share, which is the same as the previous year.

During the Reporting Period, crude oil jetty and storage business segment generated revenue of approximately HK$353 million, up by 14.96%. The results of thissegment reduced by 34.99% year-on-year to approximately HK$282 million. LNGvessel logistics business segment produced investment return of approximatelyHK$54.10 million, up by 49.42% mainly because a one-off financial adjustment of China Energy on theaccident losses of CESI QINGDAO for equipment failure was recorded for thefirst half last year.

Rapid growth in Huade Petrochemical’s crude oil unloading business with third parties: During the Reporting Period, Huade Petrochemical continuously improved customer service standards and vigorously expanded business volume with third-partycustomers. It completed crude oil unloading of approximately 6.27 million tonnes, down by 3.24% year-on-year. Of which, approximately 1.21 million tonnes of crude oil were unloaded for third-party customer, up by nearly 1.1 times from a year ago. Moreover, Huade Petrochemical actively expanded naphtha unloading business and completed the naphtha unloading of approximately 440,000tonnes. During the Reporting Period, Huade Petrochemical recorded revenue of approximately HK$306 million, down by 0.39% year-on-year.

Vigorous efforts by Caofeidian Shihua to expand into unloading business beyond the original plan: During the Reporting Period, as the processing volume of refinerycustomers decreased, Caofeidian Shihua strived hard to secure the businessvolume. It actively expanded the sources of oil types for unloading and further addressed the production and operation demand of downstream refineries so as to capture the unloading business beyond the original plan. In the first half of this year, a total of 47 crude oil tankers completed unloading operations with approximately4.08 million tonnes of crude oil were unloaded, down by 28.27% year-on-year. During the Reporting Period, Caofeidian Shihua recorded revenue of approximatelyHK$47.21 million.

Soft operating results of domestic terminal companies amid difficultmarket environment: In the face of severe market conditions and the pressure on productionand operation arising from international turmoils and a slowdown in domestic economicgrowth, the aggregate throughput of the five domestic terminal companies for the Reporting Period reduced by 33.16% year-on-year to approximately 53.04 milliontonnes. They generated a total investment return of approximately HK$92.88million for the Company, down by 52.01% year-on-year. Meanwhile, theliquidation process of Rizhao Shihua had commenced and relevant assets it heldwere disposed and the transfer of these assets was completed.

Proactive measures by FOT to cope with the Middle East tensions: During theReporting Period, the overall occupancy rate of the oil storage facilities ofFOT (a joint venture of the Company) fell by 12.7 percentage pointsyear-on-year to 85.8% due to the conflicts in the Middle East, with the averagerental level decreased by approximately 17.2% from a year ago. In order to copewith the changing circumstances, FOT attracted new customers through short-termleases and exercised stringent cost control to mitigate the impact of themacro-environment. During the Reporting Period, FOT contributed an investmentreturn of approximately HK$29.64 million for the Company, down by 51.32%year-on-year.

Vesta’s project connecting the Belgian storage area and the new terminal at the port of Antwerp is scheduledto commence operation in the third quarter: During theReporting Period, as the European petroleum product trading market entered a downturn cycle coupled with a decline in the demand for storage of petroleumproducts and the unit price of diesel leases, the occupancy rates and averagerental levels of storage facilities held by Vesta (a joint venture of theCompany) in Belgium and the Netherlands were adversely affected. Vesta contributed an investment return of approximately HK$12.15 million for the Company in the Reporting Period, down by 34.89% year-on-year. In the face of difficult market environment, Vesta optimized its pricing model by leveraging its storage resources to secure medium- to long-term contracts, thereby offsetting the revenue shortfall caused by the decline in rental rates. Besides, it continued to expand the storage business for green fuels to further increase the proportion of high-margin fuel products. Furthermore, the new connection project between the Belgian storage area and the terminal at the port ofAntwerp is expected to be commissioned in the third quarter of 2026, which willenable it to further expand the storage and transportation business and enhanceits corporate efficiency.

Steady operation of LNG vessel logistics business: Despite aslowdown in China’s natural gas imports in the first half of this year whencompared with the same period last year, the Group’s LNG vessel logisticsbusiness remained steady in the Reporting Period. Its eight vessels completed a total of 45 voyages and transported approximately 7.44 million cubic meters of liquefied natural gas.

Pursuit of high-quality development and seeking opportunities for transformation: Looking ahead into the second half of 2026, the global oil supply and demand will remain in tight balance. Nevertheless, geopolitical risks and swings in energy policy will intensify market volatility. On the other hand, domestic economy is expected to sustain stable growth trend. While the Chinese government accelerates the energy infrastructure network enhancement, the oil and gas sector is poised to have greater room for growth. In adherence to its commitment to high-qualitydevelopment, the Group will optimize its core resource advantages in domestic crude oil terminals and storage facilities, steadily develop its overseas storage and LNG vessel logistics business and actively explore opportunities for the transformation of energy infrastructure, thereby creating sustainable and long-term stable value for shareholders.