China Shenhua Energy : APPOINTMENT OF EXECUTIVE VICE PRESIDENT

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(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 01088)

ANNOUNCEMENT

APPOINTMENT OF EXECUTIVE VICE PRESIDENT

The board of directors (the "Board") of China Shenhua Energy Company Limited (the "Company") is pleased to announce that the Board has resolved on 30 December 2019 to appoint Mr. Wang Xingzhong as an executive vice president of the Company for a term of three years commencing from the date of approval by the Board, which is subject to re-appointment upon the expiry of the term.

The biographical details of Mr. Wang Xingzhong are as follows:

Wang Xingzhong, male, born in April 1968, aged 51, Chinese, a professor-level senior engineer and a member of the Communist Party. Mr. Wang has extensive experience in railway transport operation and management. He graduated from the Shanghai Railway Institute ( 上 海 鐵 道 學 院) in 1989, majoring in railway engineering and obtained the master academic qualification and a Ph.D. degree in engineering from China Academy of Railway Sciences ( 中 國 鐵 道 科 學 研 究 院) in 2011.

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From May 2018 to December 2019, Mr. Wang served as director and deputy secretary of operating management center of transport industry of China Energy Investment Corporation Limited ( 國 家 能 源 投 資 集 團 有 限 責 任 公 司) and China Shenhua Energy Company Limited. From February 2015 to May 2018, Mr. Wang served as general manager of transport management department of the legacy Shenhua Group Corporation Limited ( 神 華 集 團 有 限 責 任 公 司) and China Shenhua Energy Company Limited. From October 2014 to February 2015, he served as deputy secretary of the Party Committee and chairman of Shenhua Baoshen Railway Group Co., Ltd. ( 神 華 包 神 鐵 路 集 團 有 限 責 任 公 司). From June 2013 to October 2014, he successively served as deputy secretary of the Party Committee and chairman of Shenhua Baoshen Railway Group Co., Ltd., chairman of Shenhua Baoshen Railway Co., Ltd. ( 神 華 包 神 鐵 路 有 限 責 任 公 司) and chairman of Shenhua Ganquan Railway Co., Ltd. ( 神 華 甘 泉 鐵 路 有 限 責 任 公 司). From December 2007 to June 2013, he served as deputy secretary of the Party Committee, chairman and general manager of Shenhua Baoshen Railway Co., Ltd.. From April 2005 to December 2007, he served as deputy general manager of Shenhua Zhunge'er Energy Co., Ltd. ( 神 華 准

格 爾 能 源 有 限 責 任 公 司) and general manager of Dazhun Railway Company ( 大 准 鐵 路 公 司).

Prior to that, Mr. Wang successively served as deputy chief engineer, director of railway transport department of Zhunge'er Coal Industry Co., Ltd. ( 准 格 爾 煤 炭 工 業 公 司), secretary to the Party Committee and chairman of Shenhua Western Railway Transportation Co., Ltd. ( 神 華 西 部 鐵 路 運 輸 股 份 有 限 公 司), secretary of the Party Committee and general manager of Dazhun Railway Company of Shenhua Zhunge'er Energy Co., Ltd. ( 神 華 准 格 爾 能 源 有 限 責 任 公 司 大 准 鐵 路 公 司).

Save as disclosed above, Mr. Wang has not held any position in the Company or any subsidiaries of the Company. He has not held any directorship in any listed companies in the past three years, and has no relationship with any directors, members of the senior management or substantial or controlling shareholders of the Company.

As at the date of this announcement, Mr. Wang does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Pursuant to the engagement agreement to be entered into by the Company and Mr. Wang, Mr. Wang's remuneration as an executive vice president will be determined by the Board in accordance with the articles of association of the Company, with reference to the proposal put forward by the Remuneration Committee to the Board based on its terms of reference as well as Mr. Wang's duties and responsibilities.

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Save for disclosed above, there is no other information required to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and the Company is not aware of any other matters in relation to the appointment of the executive vice president that need to be brought to the attention of the shareholders of the Company.

By order of the Board

China Shenhua Energy Company Limited

Huang Qing

Secretary to the Board of Directors

Beijing, 30 December 2019

As at the date of this announcement, the Board comprises the following: Mr. Wang Xiangxi, Dr. Li Dong, Mr. Gao Song and Mr. Mi Shuhua as executive directors, Mr. Zhao Jibin as non-executive director, and Dr. Tam Wai Chu, Maria, Dr. Peng Suping, Dr. Jiang Bo and Ms. Zhong Yingjie, Christina as independent non-executive directors.

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