Sinopec Announces Approval of 115 Q2 Consolidated Financial Report

Release Date: August 13, 115 Statement Date: August 12, 115 Statement Time: 19:06:30 Company Code: 1314 Company Name: Sinopec Subject: Announcement of Board Resolution Approving the Consolidated Financial Report for Q2 of Year 115 Applicable Clause: Item 31 Factual Date: August 12, 115 Details: 1. Date reported to or resolved by the Board of Directors: 115/08/12 2. Audit Committee approval date: 115/08/12 3. Reporting period of financial report or self-prepared annual financial information (start ~ end): 115/01/01 ~ 115/06/30 4. Cumulative operating revenue from January 1 to current period (in thousand NT$): 7,979,691 5. Cumulative operating gross profit (loss) from January 1 to current period (in thousand NT$): (89,641) 6. Cumulative operating income (loss) from January 1 to current period (in thousand NT$): (758,749) 7. Cumulative pre-tax net profit (loss) from January 1 to current period (in thousand NT$): (1,985,639) 8. Cumulative net profit (loss) for the period from January 1 to current period (in thousand NT$): (1,994,090) 9. Cumulative net profit (loss) attributable to owners of parent from January 1 to current period (in thousand NT$): (1,986,324) 10. Cumulative basic earnings per share (loss) from January 1 to current period (NT$): (0.52) 11. Total assets at period-end (in thousand NT$): 124,897,130 12. Total liabilities at period-end (in thousand NT$): 49,484,140 13. Equity attributable to owners of parent at period-end (in thousand NT$): 75,364,344 14. Other Matters to be Disclosed: 1. In Q2, due to fluctuations in raw material prices caused by the U.S.-Iran war, cumulative operating income (loss) from January 1 to current period amounted to a loss of NT$758,749 thousand. 2. Major items in other operating income and expenses for this period include: fair value adjustment gain – investment properties: NT$250,122 thousand; financial costs: (NT$366,024) thousand; equity-method investment gains/losses: NT$293,502 thousand; and loss recognized on holding of Chung Kung shares under paragraph 22 of IFRS 28: (NT$1,803,750) thousand (refer to the Company’s material information released on 115/06/26 for details).