CNOOC Limited provided earnings guidance for the year ended 31 December 2022. Based on preliminary estimation by the financial department of the company and in accordance with the Chinese Accounting Standards for Business Enterprises, the net profit attributable to equity shareholders of the company for the year of 2022 is estimated to be between RMB 139.6 billion and RMB 143.6 billion, representing an increase between RMB 69.3 billion and RMB 73.3 billion, and representing an increase between approximately 99% and 104% as compared with the corresponding period of last year.