The board of directors of Sinopec Shanghai Petrochemical Company Limited announced that on 19 December 2019, the Board received a notice from Mr. Shi Wei, the Executive Director, a member of the Strategy Committee and President of the company, tendering his resignation from his positions as Executive Director, a member of the Strategy Committee and President of the company due to his age at retirement. On the same day, the board received a notice from Mr. Guo Xiaojun, the Executive Director, Vice President, Secretary to the Board, Joint Company Secretary and authorised representative, tendering his resignation from his positions as Executive Director, Vice President, Secretary to the Board, Joint Company Secretary and Authorised Representative due to change of work arrangements. According to the Articles of Association of the Company and other related laws, Mr. Shi's and Mr. Guo's resignation will take effect once the notices of resignation are sent to the Board on 19 December 2019.