Kunlun Energy Company Limited has released its 2026 Annual General Meeting (AGM) circular, setting out four principal items for shareholder approval on 28 May 2026 in Hong Kong:

1. Director re-elections • Executive Director and CEO He Yongli, appointed on 30 January 2026, will stand for re-election. • Independent Non-executive Director Tsang Yok Sing Jasper, retiring by rotation, also seeks re-appointment.

2. Capital mandates • Share Issue Mandate: authority to allot, issue or transfer treasury shares up to 20% of the issued share capital (about 1.73 billion shares based on 8.66 billion shares outstanding at the latest practicable date of 23 April 2026). • Share Repurchase Mandate: authority to buy back up to 10% of issued shares (approximately 865.88 million shares). • Extension: the share-issue limit can be increased by the number of shares repurchased under the buy-back mandate.

3. FY2025 final dividend • Proposed cash dividend of RMB14.98 cents (HK16.84 cents) per share, totalling roughly RMB1.30 billion. • Shareholders may elect to receive the dividend fully in RMB; election forms will be distributed in mid-June, and cheques are scheduled for mailing on 21 July 2026.

4. Key timetable • Share transfer cut-off for AGM attendance: 4:30 p.m., 21 May 2026; register closed 22–28 May; record date 28 May. • Share transfer cut-off for dividend entitlement: 4:30 p.m., 2 June 2026; register closed 3–4 June; record date 4 June.

Additional information • From 1 January to 23 April 2026, Kunlun Energy repurchased 8.91 million shares on-market; the shares have not yet been cancelled. • PetroChina Hong Kong remains the largest shareholder at 54.38%; a full 10% buy-back would raise its stake to about 60.42% while keeping public float above 25%.

Shareholders unable to attend the AGM in person must lodge proxy forms no later than 48 hours before the meeting. No corporate gifts or refreshments will be provided.