The Board of China Coal Energy Company Limited announced that Mr. Peng Yi has been elected as the vice chairman of the Board with immediate effect. The term of office of Mr. Peng Yi as the vice chairman of the Board will end upon the expiry of the fourth session of the Board. The Board of China Coal Energy Company Limited has elected the following committee members and chairman to the fourth session of the Board: The Strategic Planning Committee of the Board shall comprise Mr. Li Yanjiang, Mr. Peng Yi, Mr. Du Ji'an, Mr. Niu Jianhua, Mr. Xu Qian and Mr. Zhang Chengjie.

Mr. Li Yanjiang acts as the chairman of the Strategic Planning Committee; The Audit and Risk Management Committee of the Board shall comprise Mr. Zhang Ke, Mr. Zhao Rongzhe, Mr. Xu Qian, Mr. Zhang Chengjie and Mr. Leung Chong Shun. Mr. Zhang Ke acts as the chairman of the Audit and Risk Management Committee; The Remuneration Committee of the Board shall comprise Mr. Leung Chong Shun, Mr. Du Ji'an and Mr. Zhang Ke. Mr. Leung Chong Shun acts as the chairman of the Remuneration Committee; The Nomination Committee of the Board shall comprise Mr. Zhang Chengjie, Mr. Li Yanjiang, and Mr. Zhang Ke.

Mr. Zhang Chengjie acts as the chairman of the Nomination Committee; and The Safety, Health and Environmental Protection Committee of the Board shall comprise Mr. Peng Yi, Mr. Niu Jianhua and Mr. Leung Chong Shun. Mr. Peng Yi acts as the chairman of the Safety, Health and Environmental Protection Committee. The terms of offices of members and chairman of the Board committees will commence immediately on October 23, 2018 and will end upon the expiry of their terms of directors of the fourth session of the Board.

The Board further announced that the Board has resolved to appoint Mr. Niu Jianhua as the president of the company, Mr. Chai Qiaolin as the chief financial officer of the Company and Mr. Zhou Dongzhou as the secretary to the Board and the company secretary of the company with immediate effect. The terms of offices of Mr. Niu Jianhua, Mr. Chai Qiaolin and Mr. Zhou Dongzhou are from the date of approval by the first meeting in 2018 of the fourth session of the Board to the date of constitution of the fifth session of the Board and the appointment of the new session of the senior management of the company by the fifth session of the Board. Mr. Chai Qiaolin is the Chief Financial Officer, a member of the Party Committee and the Manager of Finance Department of the Company.

Mr. Chai currently serves as a member of the Discipline Inspection Committee of China Coal Group, a Director and the General Manager of China Coal Finance Co. Ltd. and the Chairman of the Board of Sunfield Resources Pty. Limited.

Mr. Zhou Dongzhou is the Secretary to the Board and the Company Secretary of the company. The president of the company has nominated and the Board has resolved to appoint Mr. Qi Hegang, Mr. Pu Jin, Mr. Ma Gang and Mr. Ni Jiayu as vice presidents of the company with immediate effect. The terms of offices of the vice presidents are from the date of approval by the first meeting in 2018 of the fourth session of the Board to the date of constitution of the fifth session of the Board and the appointment of the new session of the senior management of the company by the fifth session of the Board.

Mr. Qi Hegang is the Vice President of the Company, Chief Engineer of China National Coal Group Corporation, Expert Director of Guoyuanshidai Coal Asset Management Company Limited, Deputy Director of the Underground Mining Committee of Coal Industry Technology Committee and an adjunct professor of China University of Mining and Technology. Mr. Pu Jin is the Vice President and a member of the Party Committee of the Company. He is also a member of the Party Committee of China National Coal Group Corporation and an Executive Director of China National Coal Mining Equipment Company Limited, Executive Director of China National Coal Association, Executive Director of China Coal Society, Deputy Director of Machinery and Electrical Experts Committee of Coal Industry Technology Committee and Deputy Director of National Coal Industry '653' Expert Steering Committee.

Mr. Ma Gang is the Vice President and a member of the Party Committee of the company. He also currently serves as a member of the Party Committee of China National Coal Group. Mr. Ni Jiayu is the Vice President and a member of the Party Committee of the company.

He also currently serves as a member of the Party Committee of China National Coal Group and Deputy Director of China Coal Education Association.