To whom it may concern:

In order to enhance the understanding of Members, Overseas Special Participants, Overseas Intermediaries and all other market participants on the Crude Oil Options and rules, Shanghai International Energy Exchange (INE) will schedule a webinar on Crude Oil Options on May 31, briefing the design framework, new developments in the spot markets, and how enterprises use crude oil options as risk management tools.

This webinar will be delivered in both Chinese and English, with speakers from INE and relevant market institutions. Please kindly organize your employees and investors for watching. For details, please refer to the agenda as attached.

Appendix: Agenda for the Webinar on Crude Oil Options

                 Shanghai International Energy Exchange

                                 May 24, 2021