The Board of Kunlun Energy Company Limited announced that Mr. Li Kwok Sing Aubrey, an independent non-executive director, has not offered himself for re-election as a Director at the Annual General Meeting, and has therefore retired from office as an Independent Non-Executive Director by rotation after the conclusion of the Annual General Meeting. Following Mr. Li's retirement as disclosed above, Mr. Li has also ceased to be the chairman of the Remuneration Committee and a member of the Audit Committee and Nomination Committee of the Board with effect from 27 May 2020. Dr. Liu Xiao Feng has, in turn, been appointed as the chairman of the Remuneration Committee of the Company.