CNOOC Limited Announced Changes to Board of Directors

CNOOC Limited announced changes to its board of directors and senior management team. Mr. Xu Keqiang has resigned as the Chief Executive Officer of the Company and has been re-designated from Executive Director of the Company to Non-executive Director. Mr. Zhou Xinhuai has been appointed as an Executive Director and the Chief Executive Officer. Mr. Yan Hongtao has been appointed as a Vice President. The aforementioned changes take effect from 28 April 2022.

Mr. Xu Keqiang has served as the Chief Executive Officer of the Company since 2019. With his deep insights into the industry and rich management experiences, Mr. Xu has been conscientiously fulfilling his duties and responsibilities, leading all staff to forge ahead and overcome difficulties, successfully completing all the strategic and operational targets set by the Board of Directors and has made excellent achievements, which has been highly recognized by the shareholders.

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