Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-30 08:32Core Viewpoint - China National Offshore Oil Corporation (CNOOC) announced the resignation of independent non-executive director Chen Zeming, effective December 29, 2025, due to his appointment by the Hong Kong SAR government [1][2]. Group 1: Board Changes - Chen Zeming will also cease to be a member of the Audit Committee and the Remuneration Committee on the same date [1]. - The board expressed gratitude for Chen's contributions to the company [2]. - Independent non-executive director Qiu Zhizhong has been appointed as a member of the Audit Committee, and independent non-executive director Lin Boqiang has been appointed as a member of the Remuneration Committee, effective December 29, 2025 [2]. Group 2: Board Meeting Details - The 13th board meeting of CNOOC for 2025 was held on December 29, 2025, via written resolution, with all board members notified on December 25, 2025 [4]. - Eight directors were supposed to attend, and all eight were present, except for Chen Zeming, who did not participate in the voting due to his resignation [4]. - The meeting's procedures complied with relevant laws and regulations, making the resolutions valid [4]. Group 3: Resolutions Passed - The board approved the proposal regarding the resignation of directors and the adjustment of committee members [5]. - The voting results for this proposal were 7 votes in favor, with no votes against or abstentions [6]. - The board also approved the annual review of the Nomination Committee's charter, with the same voting results [7].