PDF《中国石油天然气股份有限公司》

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中国石油天然气股份有限公司 PETROCHINA COMPANY LIMITED (a joint stock limited company incorporated in the People'

s Republic of China with limited liability) (Stock Code: 857) PROPOSED ELECTION AND APPOINTMENT OF DIRECTORS AND SUPERVISORS Proposed Election and Appointment of Directors The board of directors (the Board ) of PetroChina Company Limited (the Company , together with its subsidiaries, the Group ) is pleased to announce that the Board has proposed to elect and appoint Mr. Wang Yilin, Mr. Wang Dongjin, Mr. Yu Baocai, Mr. Liu Yuezhen, Mr. Liu Hongbin, Mr. Hou Qijun, Mr. Duan Liangwei, Mr. Qin Weizhong, Mr. Lin Boqiang, Mr. Zhang Biyi, Ms. Elsie Leung Oi-sie, Mr. Tokuchi Tatsuhito and Mr. Simon Henry (the Director Candidates ) as directors of the Company (the Proposed Appointment of Directors ). The Proposed Appointment of Directors will be submitted to the shareholders of the Company (the Shareholders ) for review and approval by way of ordinary resolution at the

2016 annual general meeting of the Company (the AGM ). In accordance with the articles of association of the Company (the Articles of Association ), the Board shall be composed of 11-15 members elected by the Shareholders'

general meeting and all directors will hold office for a term of not more than three years. A director may be re-elected upon the expiry of his term. The terms of

11 directors of the Company, Mr. Wang Yilin, Mr. Wang Dongjin, Mr. Yu Baocai, Mr. Shen Diancheng, Mr. Liu Yuezhen, Mr. Liu Hongbin, Mr. Zhao Zhengzhang, Mr. Chen Zhiwu, Mr. Richard H. Matzke, Mr. Lin Boqiang and Mr. Zhang Biyi, will expire on the date of the forthcoming AGM. Among which, Mr. Shen Diancheng (non-executive director of the Company), Mr. Zhao Zhengzhang (executive director of the Company), Mr. Richard H. Matzke and Mr. Chen Zhiwu (both independent non-executive director of the Company) will not participate in the re-election of directors due to age and regulatory limitation on term of office. In addition, Mr. Xu Wenrong, a current director of the Company, will no longer take the position as a director and be proposed to be appointed as a supervisor of the Company according to the actual work needs of the Company. After the election of the directors, the Board of the Company will be composed of

14 directors, including

5 independent non-executive directors, meeting the requirement that at least one third of the directors should be independent non-executive directors. The biographical details of the Director Candidates are set out below: Wang Yilin, aged 60, is the Chairman of the Company, concurrently serving as the chairman of China National Petroleum Corporation ( CNPC ). Mr. Wang is a professor- level senior engineer and holds a doctorate degree. He has nearly

35 years of working experience in China'

s oil and gas industry. From June 1996, Mr. Wang served as the deputy director and chief exploration geologist of Xinjiang Petroleum Administration Bureau. From September 1999, he served as the general manager of Xinjiang Oilfield Company. From July 2003, he served as the assistant to general manager of CNPC. From December 2003, he served as the deputy general manager of CNPC. From July 2004, he also served as the chief safety officer of CNPC. From November