China General Plastics Corporation (1305) Announces Non-Compete Waiver for Subsidiary Director

Announcement Date: May 19, 2025 Company Code: 1305 Company Name: China General Plastics Corporation

Subject: Announcement regarding the lifting of non-compete restrictions for a director of major subsidiary CGPC Polymer Corporation, approved by the Board of Directors acting on behalf of the shareholders' meeting.

Details: 1. Date of Shareholders' Meeting Resolution: May 19, 2025 2. Name and Title of Director Permitted to Engage in Competitive Activities: Director: Hu Jihong 3. Items of Competitive Activity Permitted: Competitive activities are permitted provided they do not harm the interests of CGPC Polymer Corporation. 4. Period of Permission: From May 19, 2025, to May 14, 2026 (during the tenure of the directorship at CGPC Polymer Corporation). 5. Resolution Status: In accordance with Article 209 of the Company Act, the Board of Directors, acting on behalf of the shareholders' meeting, passed the resolution to lift the non-compete restriction. 6. Mainland China business engagement: Not applicable.