On 22 October 2025, Sinopec Shanghai Petrochemical Company Limited (“the Company”) considered and approved the Sixth Amendment to its Rules of Procedure of the Audit and Compliance Committee of the Board. The document highlights the Committee’s continued responsibility for overseeing compliance, guiding the Company’s internal supervision mechanisms, and further strengthening the corporate governance structure. According to the announcement, it was previously updated on several occasions, with the earliest approval dating back to 7 December 2005.

The newly amended Rules of Procedure outline the composition requirements for Committee members, calling for at least three non-executive directors, with a majority being independent non-executive directors and at least one member meeting professional accounting requirements. The duties and powers detailed in the document include advising on the appointment and supervision of external audit firms, reviewing the Company’s financial reports, assessing internal controls, and monitoring risk management processes. The amendment also clarifies meeting procedures, confidentiality obligations, and reporting protocols, indicating that the Committee regularly reports its resolutions to the Board for review and approval.