The board of directors of CNOOC Limited announced that Mr. Lawrence J. Lau (Mr. Lau) and Mr. Tse Hau Yin, Aloysius (Mr. Tse), the independent non-executive Directors, will retire by rotation at the forthcoming 2022 annual general meeting of the Company (the 2022 AGM) in accordance with the articles of association of the Company and will not offer themselves for re-election. Accordingly, Mr. Lau will cease to be an independent non-executive Director and a member of each of the audit committee, the nomination committee and the strategy and sustainability committee of the Company, and Mr. Tse will cease be an independent non-executive Director, the chairman of the audit committee and a member of the remuneration committee of the Company, in each case with effect from the conclusion of the 2022 AGM.