Release Date: July 3, 2026 Statement Date: July 2, 2026 Statement Time: 18:49:32 Company Code: 1314 Company Name: SINOPEC Subject: Announcement of Disposal of the Same Security Exceeding NT$300 Million Within One Year Relevant Clause: Clause 20 Factual Date: July 2, 2026

Details: 1. Security Name: Chung-Kung Common Stock

2. Transaction Date: June 8, 2026 – July 2, 2026

3. Board Approval Date: Not applicable

4. Other Approval Dates: Approval Level: Approved by Chairman July 2, 2026

5. Transaction Quantity, Unit Price, and Total Amount: Transaction Quantity: Total of 23,500,000 shares Unit Price: NT$13.09 Total Transaction Amount: NT$307,634,850

6. Gain (or Loss) from Disposal (Not applicable for acquisition of securities): The disposal involves selling financial assets measured at fair value through other comprehensive income. The result will be recorded in equity on the balance sheet and will not affect the company’s current period profit or loss.

7. Relationship with the Target Company: Chung-Kung is a company where one of SINOPEC’s directors serves.

8. Cumulative Holdings of the Security (including this transaction) to Date – Quantity, Amount, Ownership Percentage, and Restricted Rights (e.g., Pledging): Remaining Holdings: 149,115,175 shares, Amount: NT$2,065,245,174, Ownership Percentage: 9.27%, Restricted Rights: 122,000,000 shares pledged.

9. Cumulative Securities Investments (including this transaction) under Article 3 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies' as a Percentage of Total Assets and Equity Attributable to Owners of the Parent in the Most Recent Financial Statements, and the Amount of Working Capital: Percentage of Total Assets: 46.11% Percentage of Equity Attributable to Owners of the Parent: 70.24% Working Capital Amount: (NT$9,048,815,000)

10. Specific Purpose of Acquisition or Disposal: Capital efficiency optimization.

11. Dissenting Director Opinions on This Transaction: Not applicable.

12. Whether This Transaction is a Related-Party Transaction: No

13. Counterparty and Relationship with the Company: Not applicable.

14. Date of Supervisor Approval or Audit Committee Consent: Not applicable.

15. Previous Date of Material Information Disclosure on the Same Event: Not applicable

16. Other Disclosures: None

FACT BOX

  • Source: PR Times
  • Category: News