Recently, China Oilfield Services Limited (“COSL” or the “Company”) was included in the "Central Enterprise ESG Vanguard 100 Index" guided by the State-owned Assets Supervision and Administration Commission of the State Council (ranked 19th), and was also awarded the titles of "ESG Governance Vanguard " and "Outstanding Case in Social Responsibility".

The "Central Enterprise ESG Vanguard 100 Index" evaluates 455 central enterprise listed companies based on ESG reports and other public information disclosed by the companies. It comprehensively assesses the companies' ESG governance level, social and environmental value creation, and risk management capabilities, quantifying ESG index scores to determine rankings.

Adhering to the principle of "people-oriented," the Company actively fulfills its political, economic, and social responsibilities as a central enterprise. It has not only achieved outstanding operational performance in the oilfield service sector but also continuously fulfills its social responsibilities as a central enterprise through rural revitalization, maritime rescue, volunteer services, and other initiatives.

The Company continues to leverage its professional expertise in offshore operations, actively engaging in maritime rescue operations and emerging as a significant complement to China's maritime search and rescue system. It has made positive contributions to maintaining local social stability and economic development, showcasing the Company's strong social responsibility and outstanding professional capabilities.

Actively participating in the Belt and Road Initiative, the Company is involved in overseas development and global business expansion, fulfilling its social responsibilities abroad by respecting local customs, actively promoting localization, integrating into local communities, enhancing understanding and trust, and continuously promoting and enhancing the image and reputation of central enterprises overseas.

This award not only signifies comprehensive recognition of the Company but also serves as encouragement for future development. The Company will continue to uphold the corporate philosophy of "we must do better," keeping its mission in mind, focusing on high-quality development in the economic, social, and environmental realms. It will continue to fulfill the mission of central enterprises from a higher standpoint and uphold central enterprise responsibilities with higher standards.