Financial Highlights:

(21 August 2025, Hong Kong) Sinopec Kantons Holdings Limited (“Sinopec Kantons” or the “Company”; stock code: 0934)today announced the unaudited interim results of the Company and its subsidiaries (collectively known as the “Group”) for the six months ended 30 June 2025 (the “Reporting Period”).

In the first half of 2025, the global economic environment saw violent fluctuations. Amid severe external environment, the Group focused on achieving its annual targets and pushed forthe completion of key projects while its production and operation remained stable. The Group’s revenue for the period dropped by 7.17% year-on-year to approximately HK$307 million. As the investment return from its domestic crude oil jetty companies declined from a year ago due to lower throughput, profit attributable to the Company’s equity holdersfor the Reporting Period reduced by 17.80% year-on-year to approximately HK$563 million.

Taking into account the Group’s cash flow and the needs of its future development, the Board of Directors announced to distribute an interim cash dividend of HK 10 cents per share for 2025, unchanged from the corresponding period in 2024.

During the Reporting Period, the segment revenue of crude oil jetty and storage business amounted to approximately HK$307 million, down by 7.17% year-on-year. The results from this segment reduced by 28.54%year-on-year to approximately HK$434 million. The segment results of vessel chartering and logistics business dropped by 39.06% year-on-year to approximately HK$36.21 million.

Commencement of trial operation of the naphtha unloading project at Huade Petrochemical’s Mabianzhou jetty: While stabilizing its existing business, Huade Petrochemical (a wholly-owned subsidiary of the Company) optimized the production and operational arrangement, deepened safety and environmental protection management, and improved the efficiency of jetty operations in the Reporting Period. The naphtha unloading project at Mabianzhou jetty commenced trial operation and unloaded 284,400 tonnes of naphtha from 4 naphtha tankers. In the first half, Huade Petrochemical unloaded approximately 6.47 million tonnes of crude oil from 52 tankers, down by 12.45% year-on-year. The segment revenue from Huade Petrochemical dropped by 7.17% year-on-year to approximately HK$307million, and its segment results reduced by 12.58% year-on-year to approximately HK$141 million.

Lower investment return from Domestic Terminal Companies due to various factors including accelerated new energy substitution: In the face of unfavorable factors such as lower domestic demand for crude oil resulting from accelerated new energy substitution in transportation industry, the reduction in planned crudeoil import and the shutdown of some refineries for maintenance, the aggregatethroughput of the Group’s Six Domestic Terminal Companies declined by 14.97%year-on-year to approximately 85.03 million tonnes in the Reporting Period.They generated a total investment return of approximately HK$214 million forthe Company.

Stable demand for FOT’sstorage facilities along with moderate increase in rental rates: During the Reporting Period, the demand for local storage facilities operated by Fujairah Oil Terminal FZC (the Company’s joint venture in the Middle East) remained stable with moderate growth in the rental rates. Nevertheless, as the commissioning of the pipeline network connecting FOT’s storage area to the very large crude carrier (“VLCC”) terminal resulted in an increase in relevant depreciation and finance expenses, the investment return generated by FOT to the Company dropped by 9.19% year-on-yearto approximately HK$60.89 million.

Improved flexibility of refined oil product storage facilities with enhanced marketcompetitiveness:During the Reporting Period, Vesta Terminals B.V. (“Vesta”, a joint venture of the Company in Europe)proactively responded tothe long-term development of jet fuel marketby effectively improving the flexibility of refined oil product storage facilities and enhancing their market competitiveness. Meanwhile, construction of the project connecting VTA (awholly-owned subsidiary of Vesta) with the new terminal at the port of Antwerp started.The project will ensure the safe and stable operation of the storage area of VTA and help it to further expand the storage and transportation business and improve its corporate efficiency. Besides, Vesta continued to drive green transformation by actively promoting green ammonia unloading and storage project with potential customers, with the third stage of its feasibility study commenced. Vesta contributed an investment return of approximately HK$18.66 millionfor the Company in the Reporting Period, up 15.40% year-on-year.

Steady development of LNG logistics operation: During the Reporting Period, the Group’s liquefied natural gas (“LNG”) vessel logistics business remained stable. The eight LNG vessels completed a total of 50 voyages, up by 1 voyage from a year ago. The LNG vessel logistics business generated investment return of approximately HK$36.12 million for the period, down by 39.06% year-on-year mainly due to an one-off financial adjustment made by China Energy Shipping Investment Co., Ltd. (“China Energy”) on the accident loss of CESI QINGDAO for equipment failure and increased amortization of long-term vessels maintenance expenses (LTSA-MAN) from a year ago.

Adjustment to dividend distribution plan with explicit 3-year dividend distribution plan and increasing payout ratio: Mr. Zhong Fuliang, the Chairman of the Board of Sinopec Kantons, said, “With an aim to increase the predictability of shareholders’ return, the Company has formulated a dividend distribution plan for the three years in 2025-2027.Pursuant to it, the total cash dividend payment for a specific year in 2025-2027shall be not less than its previous year. Moreover, the Company shall raise thecash dividend payout ratio (cash dividend / annual profit attributable to shareholders for related fiscal year) to be not less than 30% (current dividendpolicy: 20%). Indeed, in recent years, the Company's full-year dividend payout ratio has steadily increased.

Vigorous efforts in expanding core businesses and bolstering the Company’s profitability: Looking ahead into the second half of 2025, the global economic environment may encounter increasing downward pressure, as global trade tensions are set to escalate along with growing policy uncertainty in majoreconomies. China’s economy is expected to sustain stable growth momentum amid various supportive policies. The Board of Directors will remain steadfast in the principle of high-quality development. With joint efforts of the managementand entire employees, the Company will proactively address a variety of risks,meticulously evaluate the operating environment, strive hard to expand core businesses and bolster its profitability. It will carry out vigorous efforts in developing itself into aworld-class international petrochemical storage and logistics company and create sustainable value for shareholders.

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About Sinopec Kantons

Sinopec Kantons is the sole red-chip listed subsidiary of ChinaPetroleum & Chemical Corporation (“Sinopec”, stock code: 0386). It isprincipally engaged in crude oil loading and unloading, the operation of storage and transportation facilities and LNG shipping services. It is committed to becoming a “World-Class International Petrochemical Storage and Logistics Company”. Currently, Sinopec Kantons holds seven wholly-owned or jointly-held domestic terminal companies, including Huade Petrochemical Co., Ltd. (a wholly-owned subsidiary), Caofeidian Shihua (a 90%-owned joint venture) and five 50%-owned joint ventures or associate – Zhan Jiang Port Petrochemical,Qingdao Shihua, Ningbo Shihua, Rizhao Shihua and Tianjin Port Shihua. The Company is also engaged in overseas petrochemical storage business, namely Vesta and FOT. It also operates eight LNG vessels through the ownership of two LNG shipping operating entities. Meanwhile, another 3 LNG vessels are underconstruction.

Disclaimer

This press release includes “forward-looking statements”. All statements, other than statements of historical facts that address activities, events or developments that the Group expects or anticipates will or may occur in the future (including but not limited toprojections, targets, other estimates and business plans) are forward-looking statements. The Group’s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to the price fluctuation,possible changes in actual demand, foreign exchange rate, market shares,competition, environmental risks, possible changes to laws, finance and regulations, conditions of the global economy and financial markets, political risks, possible delay of projects, government approval of projects, cost estimates and other factors beyond the Group’s control. In addition, the Group makes the forward-looking statements referred to here in as of today and undertakes no obligation to update these statements.