Kunlun Energy Company Limited announces that Mr. Qian Zhijia has resigned as an executive director and authorized representative of the Company due to change of work arrangements with effect from January 30, 2026. The Board announces that with effect from January 30, 2026, Mr. He Yongli has been appointed as an executive director and authorized representative of the Company. Mr. He, aged 45, is currently the vice president and safety director of the Company, concurrently serving as the general manager and safety director of PetroChina Natural Gas Marketing Company.

Mr. He is a senior engineer and obtained his doctorate in engineering from China University of Geosciences (Beijing) in July 2010. Mr. He has over 20 years of working experience within the oil and natural gas industry. Since July 2002, he has successively held positions at Liaohe Oilfield Branch of PetroChina Company Limited and CNPC Greatwall Drilling Engineering Company Limited.

He joined the Company in January 2012. Since January 2018, he has served as the general manager of PetroChina Jiangsu LNG Co. Ltd. Since May 2020, he has served as the general manager of the Quality, Health, Safety and Environmental Protection Department of the Company.

Since February 2021, he has served as the vice president of PetroChina Natural Gas Marketing Company (Western Branch). From September 2021, he has concurrently served as the executive vice president of Tarim Oilfield Dina Branch (on secondment). From December 2022, he has served as the vice president of the Company.

From April 2023, he has concurrently served as the safety director of the Company. From January 2026, he has served as the general manager and safety director of the PetroChina Natural Gas Marketing Company. Following the change of directorship as disclosed above, with effect from January 30, 2026, Mr. Qian has ceased to be the chairman and a member of the sustainability committee of the Company, Mr. He, who is already a member of the sustainability committee of the Company, has been appointed as the chairman of the sustainability committee of the Company, and Mr. Qi Zhenzhong, a non-executive Director, has been appointed as a member of the sustainability committee of the Company.