CNOOC Limited actively engages in public welfare and charity activities, and has implemented the “EMPOWER-Empowering communities, limitless acts of kindness” approach for community co-development. This approach is centered on supporting educational equity, improving medical support, protecting the natural ecosystem, fostering open communication, promoting people’s well-being, supporting emergency assistance efforts and contributing to rural revitalization. By adopting this strategy, CNOOC Limited aims to leverage its advantages and experience to drive community development.

The Company has formulated the Measures for the Administration of Charity and Public Welfare Undertaking of CNOOC Limited to standardize related work in charity and public welfare. The Company has established the Charity and Public Welfare Committee to prepare the annual work plan for charity and public welfare, as well as donation budget approval. CNOOC Limited’s affiliated companies, harnessing their operational strengths and unique business traits, engage in diverse social welfare projects and volunteer activities, striving to create social value. In 2024, we invested RMB 133.12 million in external donations and public welfare projects, including RMB 132.85 million of invested capital and RMB 0.27 million of purchased goods.

Rural revitalization

CNOOC Limited has actively embraced the national rural revitalization strategy, continuously improving its rural revitalization work system. The Company focused on five main programs, which are respectively developing characteristic and advantageous industries, improving rural infrastructure, strengthening livelihood protection, upgrading education and employment, and transforming the value of ecological resources, and makes precise efforts in the key areas such as industrial development, consumption assistance, medical aid, and talent cultivation. 38 rural revitalization projects were launched throughout the year, boosting rural self-sustaining growth and fostering sustainable local economic development.

In 2024, CNOOC Limited invested over RMB 83 million in rural revitalization and was recognized as an “Annual Excellent Brand Case in the 2024 Report on High-Quality Rural Revitalization Empowered by Brand” for its exceptional work in fostering agricultural public brands.

Educational equity

CNOOC Limited has prioritized promoting educational equity as a key focus of public welfare initiatives. We have supported the improvement of learning conditions and educational quality in underdeveloped areas to promote educational equity through various initiatives such as sponsoring education, improving school facilities, fostering ethnic cultural education, and conducting skill training programs.

Medical support

CNOOC Limited supports the medical industry through various means and dedicates to enhancing local medical standards. Within the reporting period, the Company invested RMB 10 million in Nyima County, Tibet, to expand the county’s Maternal and Child Health Station and maternity operating rooms, ensuring the safety of mothers and newborns. In Guyana, we sponsored local medical teams, funded graduate training for Guyanese doctors in China, and donated a fluorescent endoscope imaging system and USD 10,000 to the Chinese medical team to assist Guyanese residents with medical examinations. Additionally, we conducted free clinics in overseas regions such as Uganda and Iraq, contributing to the medical care of overseas communities.

Furthermore, through the CNOOC Welfare Foundation, the Company implemented the “Heart Warming Project”. We provided medical assistance ranging from RMB 5,000 to 20,000 per person to underprivileged women and children suffering from illnesses across 23 counties and cities in four provinces to alleviate poverty caused by medical expenses.

Proactive preservation

CNOOC Limited attaches great importance to the balanced development of natural ecology and corporate operations. We carry out various activities to protect natural environments and marine ecosystems, including funding whale and dolphin resource survey projects, preserving ancient forests in Shenhu Bay, conducting research on ecosystem protection at the Yellow River Estuary. Furthermore, the Company actively organizes volunteer activities centered around ecological protection, spreading the concept of ecological conservation.

Open communication

The Company fully respects the customs and cultural traditions of local residents, stands firmly committed to respecting, safeguarding, and promoting human rights, and places significant emphasis on ecological and environmental preservation. We pledge not to operate within protected areas and strive to minimize the adverse impacts of our operations on local communities. Following the principle of Free, Prior and Informed Consent (FPIC), we actively engage in community outreach, cooperate with local governments, NGOs, community representatives, etc., and establish diversified communication channels. We fully understand the opinions and suggestions of local residents on the Company’s production and construction activities through conversations, complaint resolution procedures, and community impact management measures. The Company assesses the impact of projects on the community in a timely manner and identifies community-related potential risks and opportunities.

CNOOC Limited strictly follows and enforces the requirements of relevant laws and regulations in the countries and regions of operation. The Company conducts thorough community impact assessment of the whole life cycle of the project and continues to improve pre-project planning, operation monitoring of project construction, and post-completion restoration and compensation, so as to reduce the impact on the local community.

During the process of project development and cooperation, the Company ensures that the information about the project is highly transparent, and the will and choice of local residents are fully respected. We present the investment plan in detail to residents to ensure that residents can make sufficiently informed decisions, thus protecting their rights and interests. The actions taken include the following:

Well-being Promotion

CNOOC Limited actively provides technical and financial support, donates materials, and engages in infrastructure construction and upgrades for the communities to enhance the well-being of local residents. Meanwhile, the Company focuses on effectively improving the employability and quality of life for local residents to contribute to community development. Domestically, we integrate our development with well-being promotion, implementing various measures to effectively boost local residents’ living standards and happiness. Overseas, prioritizes engaging in community building at its overseas operation areas, actively shouldering the social responsibility of enhancing local livelihoods and promoting harmonious community growth. The CNOOC Corporate Community Investment Committee (CCIC) has released the CNOOC International Limited Standard for Community Investment, developing annual community strategic investment budget plans to support local livelihood projects.

Emergency assistance

CNOOC Limited fully leverages its technological, equipment, and resource advantages, and collaborates with various government agencies and maritime units to establish an emergency coordination system. We effectively respond to maritime emergencies, actively participate in maritime search and rescue missions, and protect people’s lives and property.

Guided by the Maritime Emergency Response Capabilities Enhancement Plan (2022-2025), the Company is advancing the development of emergency support forces from multiple dimensions. A comprehensive, integrated approach has been established in the enhancement of maritime emergency response capabilities. The Company initially forms a regionally coordinated, multi-tiered, and highly efficient emergency support system with clearly defined responsibilities.

In accordance with the fundamental principles of “people first, prompt response, and effective rescue”, and the requirements of the National Inter-ministerial Joint Conference System of Maritime Search and Rescue and the National Inter-ministerial Joint Conference System of National Major Maritime Oil Spill Emergency Disposal, we have formulated and strictly implemented the Work Plan for Improving Maritime Emergency Response Capacity in 2024 and the Construction of Production Safety Emergency Rescue Team, and actively participates in maritime rescue operations. Leveraging its resources and equipment, the Company collaborates with maritime search and rescue centers at all levels to establish an emergency response coordination mechanism. During the reporting period, CNOOC Limited participated in maritime rescue for 58 times, mobilized 105 vessels and 25 helicopters, and rescued 30 ships and 108 people in distress. Our activities gained recognition 23 times.

The year of 2024 marks the 50th anniversary of diplomatic relations between China and Brazil, a milestone that has seen deepening cooperation between the two nations. Since entering the Brazilian market, CNOOC Limited has committed itself to strengthening China-Brazil ties and supporting local communities through initiatives in livelihood improvement, cultural exchange, and education. By providing emergency assistance, organizing charitable donations, and facilitating cultural interactions, CNOOC Brazil has reinforced mutual trust and cooperation between the two countries.