The board of directors of Brightoil Petroleum (Holdings) Limited announced that Mr. Xie Wenyan ("Mr. Xie") has been appointed as an executive director and member of the Executive Committee with effect from 3 May 2019. Mr. Xie, aged 55, is a professor-level senior engineer with 33 years of experience in production and management of oil and gas field enterprises. Mr. Xie will be responsible for the Group's upstream oil and gas field business.

Prior to joining the Group, Mr. Xie has worked in PetroChina Company Limited from September 1999 to October 2016 and his last position was general manager. The Board also announced that Mr. Tang Bo who is presently an executive director and member of the Executive Committee of the Company, has been appointed as the Chairman, acting Chief Executive Officer of the Company and a member of the Nomination Committee and Remuneration Committee of the Company with effect from 3 May 2019. Mr. Tang, aged 51, has been an executive director of the Company since June 2008 and is mainly responsible for business development and project management.

Mr. Tang has over 21 years of experience in the oil industry. Mr. Tan Yih Lin ("Mr. Tan") has tendered his resignation as an executive director, member of nomination committee, remuneration committee and executive committee, the Group Chief Financial Officer and the Company Secretary of the Company with effect from 25 May 2019 in order to pursue his personal interests. He had ceased to act as an authorised representative of the Company under Rule 3.05 of the Listing Rules (the "Authorised Representative") with effect from 25 May 2019.