CNOOC Limited provided earnings guidance for the first half ended June 30, 2022. For the first half, the company under the Chinese Accounting Standards for Business Enterprises, the net profit attributable to equity shareholders of the Company is estimated to be between RMB 70.5 billion and RMB 72.5 billion, representing an increase between RMB 37.2 billion and RMB 39.2 billion, and representing an increase between approximately 112% and 118% as compared with the corresponding period of 2021. Under the Chinese Accounting Standards for Business Enterprises, the net profit after deducting non-recurring profit/loss items attributable to equity shareholders of the Company for the first half of 2022 is estimated to be between RMB 69.8 billion and RMB 71.5 billion, representing an increase between RMB 37.3 billion and RMB 39.0 billion, and representing an increase between approximately 115% and 120% as compared with the corresponding period of 2021.