6-K
PETROCHINA CO LTD (PCCYF)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OFFOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of March 2023
Commission File Number: 001-15006
PETROCHINA COMPANY LIMITED
9 DongzhimenNorth Street, Dongcheng District
Beijing, The People’s Republic of China, 100007
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
EXHIBITS
| Exhibit<br>Number | |
|---|---|
| 99.1 | 2022 ESG report; |
| 99.2 | Continuing connected transactions — currency derivatives transactions with CNPC Finance; |
| 99.3 | Proposed re-election and appointment of directors and supervisors; |
| 99.4 | Press release regarding annual results; |
| 99.5 | Dividend form. |
FORWARD-LOOKING STATEMENTS
This announcement contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in these forward-looking statements as a result of a number of factors.
We do not intend to update or otherwise revise the forward-looking statements in this announcement, whether as a result of new information, future events or otherwise. Because of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this announcement might not occur in the way we expect, or at all.
You should not place undue reliance on any of these forward-looking statements.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this announcement to be signed on its behalf by the undersigned, thereunto duly authorized.
| PetroChina Company Limited | ||
|---|---|---|
| Dated: March 30, 2023 | By: | /s/ WANG Hua |
| Name: | WANG Hua | |
| Title: | CFO and Secretary to the Board of Directors |
EX-99.1
Exhibit 99.1

ENDENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT

STATEMENT OF THE BOARD OF DIRECTORS The following is a statement from the board of directors (the “Board”) of PetroChina Company Limited (hereinafter referred to as “PetroChina”, the “Company”, “we” or “us”) made in accordance with the requirements of the Environmental, Social and Governance Reporting Guide (the “ESG Reporting Guide”) of the Stock Exchange of Hong Kong Limited (HKEX). The Board places strong emphasis on sustainable development management and has integrated environmental, social and governance (“ESG”) into the Company’s operation. The Company has established an effective ESG management mechanism and has formed a governance structure featuring clear hierarchy and labor division, which allows the Company to effectively control ESG related risks and continuously improve our own corporate governance standards. As the highest decision-making body in respect of the ESG issues, the Board has ultimate Responsibilities responsibility for the ESG governance of the Company. The Board has established the of the Board Sustainable Development Committee (the “SDC”) consisting of three directors with Mr. Huang in Respect of Yongzhang, executive director and president of the Company, serving as the chairman, and ESG Governance is responsible for overseeing the implementation of ESG policies, strategies and targets, and reviewing the Company’s ESG Report. The Company places strong emphasis on risk management of ESG issues. We integrate macro policy environment, industry developments and trends, expectations ESG and demands of stakeholders into our ESG risk identification analysis. We carry Management out stakeholder engagement and professional research through various channels Approach and to determine the focus areas and management measures of ESG risk control, and Strategy integrate ESG considerations into the management system of our daily operations, conduct regular review and supervision of ESG work progress, in order to continuously improve and enhance ESG management standards. The Company has formulated medium and long-term targets and quantitative indicators for ESG matters, covering governance system and capabilities, green and low-carbon transformation, greenhouse gas (“GHG”) emissions, sustainable use of resources, pollutant Targets, emissions, health and safety, and human resources. We conduct progress review on a Indicators regular basis. We incorporate benefits, operations, energy conservation, emission reduction, and health, safety and environment (HSE) and compliance management as assessment Progress Review indicators into the annual performance evaluation of the Company’s management. We have engaged PricewaterhouseCoopers Zhong Tian LLP to conduct independent assurance on certain ESG performance indicators of the Company to ensure the reliability of these performance indicators (see Page 111 for details).

CONTENTS CORPORATE GOVERNANCE STATEMENT OF Inside front cover THE BOARD OF DIRECTORS SUSTAINABILITY MANAGEMENT 16 ABOUT THE REPORT 2 GOVERNANCE FRAMEWORK 18 GOVERNANCE 22 ABOUT US 6 SUPPLY CHAIN MANAGEMENT 26 PETROCHINA AND UNITED 8 COMMUNICATING AND INTERACTING WITH STAKEHOLDERS 28 NATIONS (UN) 2030 AGENDA SUSTAINABLE DEVELOPMENT TECHNOLOGICAL INNOVATION AND DIGITAL 32 GOALS (SDGS) EMPOWERMENT MESSAGE FROM THE CHAIRMAN 12 CLIMATE CHANGE AND PERFORMANCE DATA 105 ENERGY TRANSITION INDEPENDENT PRACTITIONER’S 111 ASSURANCE REPORT RESPONSE TO CLIMATE CHANGE 38 HONG KONG STOCK EXCHANGE 115 CURBING CARBON EMISSIONS 44 ESG REPORTING GUIDE CONTENT LOW-CARBON TRANSITION 50 INDEX TCFD RECOMMENDATIONS INDEX 118 GLOBAL COMPACT AND US 118 ENVIRONMENTAL PROTECTION GRI AND IPIECA/API INDEX 119 ENVIRONMENTAL RISK MANAGEMENT 56 APPENDIX Inside back cover SUSTAINABLE UTILIZATION OF NATURAL RESOURCES 59 POLLUTANT DISCHARGE MANAGEMENT 63 CONSERVATION OF BIODIVERSITY 65 EMPLOYEE RIGHTS AND INTERESTS AND DEVELOPMENT EMPLOYEE RIGHTS AND INTERESTS 72 HEALTH AND SAFETY 74 EMPLOYEE DEVELOPMENT 79 LOCALISATION AND DIVERSITY 83 SOCIAL CONTRIBUTION COMMUNITY IMPACT MANAGEMENT 86 SOCIAL AND COMMUNITY WELFARE INVESTMENT 89 FEATURE: PETROCHINA’S FIVE MAJOR INITIATIVES TO 92 PROMOTE RURAL GROWTH OVERSEAS COMMUNITY CONSTRUCTION 94 CUSTOMER SERVICE 99

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT ABOUT Reporting Period THE REPORT This report covers the activities the Company undertook in 2022 pursuant to its ongoing commitment to fulfil its ESG responsibilities during the period from January 1, 2022 to December 31, 2022. For continuity and comparability, this report provides explanations on past and future initiatives on particular issues. Scope of the Report Unless otherwise specified, the relevant data contained in the report covers the Company and its wholly-owned and holding subsidiaries. Explanation of Information All information contained in this report has been taken from PetroChina’s official documents and statistics as well as performance reports and statistics gathered from the Company’s affiliated enterprises. It takes into account the Company’s development priorities and stakeholder concerns. This report has been reviewed and approved by the Board on March 29, 2023. The Board and all directors of the Company accept legal responsibility for the truthfulness, accuracy and completeness of this report and assure that there are no misrepresentations, misleading statements or material omissions herein. Forward-Looking Statements Besides historical facts, any mention and description of events that may or could occur, including but not limited to conditions, targets, estimations and business plans, are considered to be forward-looking statements. The impact of external variables may result in actual developments or trends that are different from those expressed in forward-looking statements. Forward-looking statements contained in this report are made as at December 31, 2022. PetroChina is not obliged to or responsible for modifying any of the aforesaid forward-looking statements. Standards of Reference This report has been prepared in accordance with the Shanghai Stock Exchange Guidelines on Self-Regulation for Listed Companies and the ESG Reporting Guide issued by HKEX. Information disclosure is made with reference to the Recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) issued by TCFD, the Sustainability Reporting Guidance for the Oil and Gas Industry (2020) jointly issued by the International Petroleum Industry Environmental Conservation Association (IPIECA) and the American Petroleum Institute (API), the GRI Sustainability Reporting Standards (2021) issued by the Global Sustainability Standards Board (GSSB) and the Ten Principles of the United Nations Global Compact (UNGC) together with other guidelines. Reporting Principles This report observes the principles of materiality, quantitative, consistency and balance in accordance with the requirements of the ESG Reporting Guide of HKEX. 2

ABOUT THE REPORT Materiality This report adopts a materiality analysis methodology to select the ESG issues that are matters of concern both internally and externally. Basis for Assessing Material Issues Internal aspect Board and management discussion and evaluation of material ESG issues Awareness of the materiality of ESG-related issues across management departments Stakeholder aspect Assessment of external ESG related policy requirements and trends ESG related concerns and feedback from stakeholders such as investors, customers, professional institutions and media Materiality Analysis Procedures The Company engaged with investors, employees, customers, ESG investment and ratings agencies through various channels such as community interviews, periodic reports, field surveys, thematic workshops and online communications (see Section 5 of Chapter 1 of this report for details) to consider the demands of stakeholders and listen to their feedback, allowing them to evaluate the importance of the respective issues from their own perspective. During the year, the Company held over 150 ESG related seminars, conferences, surveys and engagements. Stakeholders expressed greater concern over Board governance, compliant operations, operating results, climate change, carbon emissions management, energy transformation and safety. Collection Survey and Prioritization of issues evaluation The Company collected key The Company comprehensively evaluated issues on ESG related matters by the results from the above procedures making reference to the regulatory and prioritized material issues based on requirements of the listing venues, the two aspects of “importance to the policies adopted at the place of sustainable development of the Company” business, ratings and feedback and “importance to stakeholders”, and of international rating agencies, accordingly determined the period and international advocacy standards, extent of impact of each issue to ensure media reports, industry benchmarking accuracy in the disclosure of information. analysis, and expectations from We identified a total of 21 material governments, investors, employees, issues that have a significant impact clients and other stakeholders, and on the Company. For the ranking of taking into account the strategic material issues, please refer to the development planning of the Company. materiality matrix (chart) on page 4. 3

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Materiality Matrix High 8 2 9 7 1 3 16 5 15 Importance 20 18 4 to 13 21 stakeholders 17 6 10 14 11 19 12 Low High Importance to the sustainable development of the Company Governance Environment Society 1 Board governance 7 Energy transition 15 Safety 2 Compliant operation 8 Climate change 16 Human rights 3 Operating results 9 Carbon emissions 17 Service quality management 4 Technological innovation 18 Health 5 Integrity risk prevention 10 Waste management 19 Employee training 6 Supply chain 11 Water resources 20 Remuneration management 12 Oil spill risk management 21 Community contribution 13 Biodiversity protection 14 Land resources Quantification The Company conducts quantified performance management for material ESG issues, which covers governance, safety, climate change, the environment, our employees, and society. Please refer to the relevant chapters of this report for details. 4

ABOUT THE REPORT Consistency This report observes the principle of consistency to ensure comparability with historical data. In 2022, the scope of statistics and method of calculation for the remaining ESG performance indicators disclosed in this report remain consistent with those in the previous year without any material adjustments. Balance This report aims to reflect the Company’s ESG management and control strategies and performance in an objective and comprehensive manner, and to enhance the transparency of its ESG information. Enhancing the Report In order to address the concerns of our investors and comprehensively reflect the Company’s ESG governance and practices, our 2022 report specifically enhanced the description of our work in Board governance, ESG performance management, technological innovation, tackling climate change, green and low-carbon transformation, ecological environment and biodiversity protection, human rights protection, community engagement and social welfare investment, which are issues of concern to our investors at large and rating agencies. For the first time, we have dedicated a separate section for the discussion on “Climate Change and Energy Transition” and enhanced information disclosure on climate-related matters under the TCFD framework. In this year’s report, we have added 19 new disclosures of performance data covering areas such as safety, climate change, environment, employee and society. Availability of the Report This report is available in simplified Chinese, traditional Chinese and English. In the case of any discrepancy, the simplified Chinese version shall prevail. To view or download an electronic copy of this report, please visit our Company’s website www. petrochina.com.cn where further information is also available. 5

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT ABOUT US PetroChina Company Limited is a joint stock limited company incorporated on November 5, 1999, upon the restructuring of the former China National Petroleum Corporation (now China National Petroleum Corporation Limited, abbreviated as “China National Petroleum Corporation” or “CNPC”). The American Depositary Receipts (“ADRs”), H-shares and A-shares issued by our Company were listed on the New York Stock Exchange (“NYSE”) on April 6, 2000, the Hong Kong Stock Exchange (stock code: 857) on April 7, 2000 and the Shanghai Stock Exchange (stock code: 601857) on November 5, 2007, respectively, of which, the ADRs were delisted from the NYSE on September 8, 2022, EST. PetroChina is one of the major oil and gas producers and distributors in China, and also a significant player in the global oil and gas industry. We engage in a wide range of activities related to oil, natural gas and new energy and new materials. Our Strategic Our Mission Focus and Values Innovation, Resources, Market, Pursuing green development and Internationalization, supplying energy Green and Low-carbon Fueling customers’ growth and powering people’s happy life with new energy Our Honors FORTUNE “FORTUNE Global Top 500” Number 4 Petroleum Intelligence Global Top 50 Petroleum Companies Number 3 Weekly Brand Finance “Most Valuable Oil & Gas Brands” Number 3 China Securities Excellent Listed Company Excellent CEO of the Listed “Golden Bauhinia” Company Award 2022 Excellent Entrepreneur Oil & Gas Industry Most Honored Best Investor Relations Team Companies Number 1 Number 1 Institutional Best ESG Number 1 Best Investor Relations Investor Best CFO Number 1 Professionals (Individual Award) Best Investor Relations Enterprise Number 1 Corporate Best Investor Relations Company Best CEO of Asia Governance Asia “Asia Best Environmentally Responsible Best Investor Relations Officer Excellence Award” Company China Association for Public Best ESG Practices Companies 6

ABOUT US BUSINESS STRUCTURE Domestic Oil and Gas Business PetroChina is the leader of China’s oil and gas exploration and development. We operate in numerous major oil and gas producing regions such as Daqing, Changqing, Tarim, Southwest China, Xinjiang and Liaohe. In 2022, our domestic crude oil output amounted to 767.4 million barrels and marketable natural gas output amounted to 4,471.3 billion cubic feet, with a total oil and natural gas output equivalent of 1,512.6 million barrels. Overseas Oil and Gas Business The Company is engaged in oil and gas exploration and production in many Exploration, development, countries over the world. Currently, we have established five international oil transportation, production and gas cooperation zones in Central Asia-Russia, the Middle East, Africa, Latin and sales of crude oil and America and Asia-Pacific. Our international oil and gas cooperation continued to Oil, gas and grow in scale while operational quality has also improved. In 2022, oil and gas natural gas; new energy production of the Company’s overseas businesses amounted to 172.8 million new energy business business. barrels of oil equivalent. New Energy Business The Company actively promotes integrated development of oil, gas and new energy in order to build an “oil, gas, thermal energy, electricity, hydrogen” integrated energy company with robust development in new energy businesses such as wind and photovoltaic (“PV”) generation and geothermal energy. In 2022, the Company added 10.06 million square meters of geothermal heating installations. Along with wind and PV generation installations of total size over 1.4 million kW, our new energy development in China has the capacity to replace 8 million tons of standard coal per year. The Company owns 14 ten-million-ton-level refining bases in China. In 2022, we processed 1,212.7 million barrels of crude oil and produced 105.354 million tons Refining crude oil and petroleum of refined oil. products; production and sales The Company is engaged in producing six major categories of chemical products: Petrochemical of basic, derivative and other synthetic resin, raw materials of synthetic fiber and polymers, synthetic rubber, and new urea, organic and inorganic compounds, with thousands of trademarked petrochemical products and materials new materials business. products. Among such categories, our production capabilities of products such business as ethylene, synthetic resin and synthetic rubber are ranked among the best in China. In 2022, we produced 31.568 million tons of chemical products and 855,000 tons of petrochemical new materials in China. The Company operates over 20,000 gas stations in China covering 31 provinces (including autonomous regions and direct municipalities) and the Hong Kong Sales and trading of refined Special Adminstration Region. We actively develop international trading products and non-oil products. business and have established three major oil and gas operation centers in Sales business Asia, Europe and the Americas. In 2022, the Company’s total refined products sales amounted to 150.649 million tons, of which domestic sales accounted for 105.164 million tons. Transportation and sales of The Company has a natural gas sales network with coverage across China. In 2022, the Company’s natural gas sales amounted to 260.284 billion cubic meters, Natural gas natural gas. of which domestic sales accounted for 207.096 billion cubic meters. sales business 7

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT PETROCHINA AGENDA SUSTAINABLE AND UNITED DEVELOPMENT NATIONS (UN) GOALS 2030 (SDGs) UN SDGs Our initatives and performance Providing comprehensive and high quality assistance for rural revitalization based on five focus areas of industry, talent, culture, ecology and consumption In 2022, we launched 1,080 rural revitalization projects and invested over RMB400 million in funding Launching the featured local industry promotion initiative in 10 designated assistance counties by combining natural resources in the assistance areas Supporting the development of rural tourism and recreational agriculture in poverty alleviation regions to help build a development ecology model which integrates the primary, secondary and tertiary industries Facilitating employment in poverty alleviation regions. In 2022, we helped 4,326 people from 10 counties to obtain migratory employment Supporting the building of agricultural irrigation facilities, corn drying plants and smart granaries to strengthen food security in remote regions Providing funding and technical support for agriculture, husbandry and food processing industries in remote regions Launching a comprehensive “Consumption as assistance and empowerment” initiative and making use of our own sales network to boost sales of unique agricultural products Implementing the Outline of the “Healthy China 2030” Plan and issuing the Guidance on Strengthening Employee Health Management to safeguard occupational, physical and mental health of our employees and building a healthy enterprise Percentage of health records created for employees at 100%, detection rate of occupational health hazards in the workplace at 100%, percentage of employees exposed to occupational health hazards receiving health checks at 99.15% Undertaking several initiatives including helping remote regions improve rural clinic infrastructure, arranging for medical institutions to conduct mobile clinical visits and training rural healthcare professionals, in order to improve healthcare conditions in remote regions Innovating healthcare assistance models to provide healthcare insurance and subsidies for treatment and rehabilitation of serious cases to families in difficult economic conditions in order to alleviate their burden Partnering with professional institutions to launch healthcare support programs such as the “Kids Care” program and the “Internet + healthcare” project Helping youths in underdeveloped regions access equal education opportunities by establishing special schools, innovating student support models and connecting various forms of education resources, leading joint efforts in addressing the issue of fair education Providing assistance to students in difficulties as well as helping to train primary and secondary school teachers and administrators based on our “Xuhang Program” and “Teachers Training Program”, so as to improve cultural development and growth potential in remote areas. In 2022, our “Teachers Training Program” helped to train over 20,000 education workers in 10 designated assistance counties Launching skills training programs specific to different regions and talents in order to help the impoverished find employment and start businesses. We established our own “Rural Revitalization Workshop” training platform and formulated over 300 sessions on rural revitalization and specialist skills based on the needs of assistance regions. During the year, our training platform recorded 197,000 visits Offering our scholarship program for the 22nd consecutive year. Throughout the year, we provided a total of RMB4.47 million in scholarships for 685 excellent university students in 17 higher education schools including the China University of Petroleum Observing the principle of gender equality and treating employees of different genders equally Strictly complying with the relevant provisions relating to maternity leave and lactation leave and protecting the rights and interests of female employees 8

PETROCHINA AND UNITED NATIONS (UN) 2030 AGENDA SUSTAINABLE DEVELOPMENT GOALS (SDGS) UN SDGs Our initatives and performance Providing assistance to communities in the construction of the water-saving irrigation projects and promoting agricultural development in local regions Implementing the “Sweet Community” and other clean drinking water projects, assisting in the building of wells in local areas and addressing issues related to difficulties in access to drinking water in the communities Making strong efforts in securing oil and increasing natural gas production to contribute to China’s energy structure optimization. Domestic marketable natural gas output amounted to 207.096 billion cubic meters, increasing by 5.9% over the past year Importing natural gas resources through multiple channels Promoting the development of new energy and new materials, actively expanding our new energy businesses in geothermal heating, wind generation, PV generation, hydrogen fuel and charging stations. Our new energy development in China has the capacity to replace 8 million tons of standard coal per year Maintaining a “people first” approach, treating each and every employee with respect and fairness, optimizing our remuneration and welfare system, safeguarding the legal rights of our employees and providing smooth promotion paths for employees to develop their careers Making strong efforts in implementing our strategy of strengthening the enterprise through talents. During the year, total training time amounted to 15.1 million hours and average training time per employee amounted to 37.9 hours Promoting the construction of people’s livelihood projects to improve the living and working conditions of frontline employees, securing the personal benefits of employees and enabling the income of employees to grow simultaneously with the development of the Company Fostering local suppliers and contractors during our construction and operation to create more jobs for local people and promote the development of local economy Implementating innovation strategies extensively, optimizing our R&D innovation system, strengthening key core technology research to achieve breakthroughs, develop technology innovation capabilities and talents, focusing on technological cooperation, exchanges, standard setting, protection of technological intellectual property, and transformation and application of research achievements, etc. Establishing new research institutes in Shanghai, Shenzhen and Japan Percentage of invention patents and applications for invention patents under the Patent Cooperation Treaty continues to increase Employing 27,913 R&D personnel, with an R&D expenditure amounting to RMB28.718 billion during the year, representing a 21.0% increase as compared to the corresponding period last year and accounting for 0.9% of our operating revenue Conducting digitalization transformation based on three major lines of business development, management reform and technology empowerment, facilitating the digital and intelligent development of the Company, developing smart oil and gas fields, smart refining and smart marketing, and supporting industrial transformation and upgrading Prohibiting child employment and forced labour, and no event involving child employment and force labour reported Opposing any form of discrimination in gender, region, religion, nationality, etc., and the proportion of female employees and also foreign employees in overseas projects reached 24.54% and 96.69% respectively Managing community impact, helping to create job opportunities, contributing to tax revenue and growing together with the community Improving infrastructure in remote areas and developing unique industries to promote local economic and social development Performing the responsibilities and mission of an official oil and gas partner, providing all-weather and all-round support and services on clean energy supply for the preparation and holding of the Beijing 2022 Olympic and Paralympic Winter Games, and “lighting” the first hydrogen-fueled “green” torch in Winter Olympics history 9

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT UN SDGs Our initatives and performance Incorporating environmental risks into our internal control risk system to eliminate potential large-scale environmental pollution and ecosystem destruction events Using natural resources on a sustainable basis and improving energy usage efficiency. During the year, we saved 8.71 million cubic meters of water, 1,280 hectares of land, and energy equivalent to 710,000 tons of standard coal Strictly monitoring the generation of waste and discharge of pollutants from our production processes to enhance pollution control standards and performance Establishing a Leading Group on Carbon Emission Peak and Carbon Neutrality Establishing a three-step green and low carbon transformation path of “clean energy substitution, strategic succession and green transition” and setting a low-carbon goal of endeavoring to achieve “near-zero” emissions by around 2050 Formulating a carbon peak action plan setting out four major initiatives and ten major tasks Strengthening carbon emissions management and carbon risk response, optimizing our carbon emissions control system, participating in the establishment of a carbon market, accomplishing year-on-year reduction in GHG emissions and methane emissions intensity of our units in China Organizing active tree planting and reforestation activities to create carbon sinks and carbon neutral forests to provide forest carbon offsets Maintaining deep involvement in activities of the Oil and Gas Climate Initiative (OGCI) and China Oil and Gas Methane Alliance Conducting comprehensive research on Carbon Capture and Storage / Carbon Capture, Utilization and Storage (“CCS/ CCUS”) and striving to promote the commercialisation of CCS/CCUS Attending the side event on “Nature-based Solutions for Synergistic Governance of Climate and Biodiversity” at the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), where we introduced to the audience PetroChina’s innovative practices to promote synergistic governance of climate change response and biodiversity conservation

PETROCHINA AND UNITED NATIONS (UN) 2030 AGENDA SUSTAINABLE DEVELOPMENT GOALS (SDGS) UN SDGs Our initatives and performance Adhering to the environmental protection philosophy of clean development, continually carrying out environmental control and monitoring projects to protect the ecological environments and biological diversity in the business locations Strictly complying with local environmental protection policies and laws and regulations governing the prohibition of poaching, picking, trading of nationally protected wild animals and plants and wildlife products as well as the protection of local rare species and biological diversity Formulate and publish regulatory and management systems such as Ecological Protection Action Plan and Prohibitions Regarding Ecological and Environmental Protection Continuously improve biodiversity protection system and incorporate biodiversity risk into project life cycle management Launching a wide range of biodiversity protection projects to protect wildlife habitats Fully implementing the Anti-commercial Bribery Manual, the Integrity and Compliance Manual, the Employee Handbook and the Corporate Culture Manual together with other systems and regulations, abiding by business ethics, adhering to the principles of honesty and trustworthiness, equal consultation, mutual benefits, promoting “Trading under the Sunshine”and striving to maintain fair and just competition order in business activities Strengthening the ESG management of the supply chain Participating the activities of the China Oil and Gas Methane Alliance Partnering with OGCI member companies to share technology and experiences in order to promote global climate governance Participating actively in China’s methane monitoring pilot projects and conducting study on “China’s oil and gas industry methane emissions control targets and methods by 2030”

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT MESSAGE FROM THE CHAIRMAN Thank you for reading this report as well as for your interest in before destruction”, we strive to meet the society’s growing and support to PetroChina now and over time. energy consumption demands, while accelerating our transition towards a green and low-carbon economy. In the past year, our Time flies fast. With concerted efforts and a determined Company continued to optimize our two major industrial chains endeavour, we have been through a significant albeit and made strong efforts to implement our strategy of increasing unusual year of 2022. In the past year, the world experienced gas production while stabilizing oil output. As a result, our crude unprecedented, rapid, and intensifying changes. The highly oil output has increased for the fourth consecutive year, and our volatile international energy prices posed setbacks to the energy natural gas capacity has been growing at an even faster pace. transition initiative and brought additional uncertainty to the Domestic sales of natural gas amounted to 207.096 billion cubic development of the energy industry. In the midst of a complex meters during the year, which contributed to the optimization of situation, we nevertheless managed to withstand serious tests China’s energy structure. By rapidly scaling up the development such as oil price volatility, floods and other natural disasters, of new energies, adopting a hybrid energy system that integrates overcame challenges brought about by changes in international wind, solar, gas, and electrical powers, and speeding up plans affairs, and achieved remarkable results in terms of corporate to develop geothermal, hydrogen and CCUS technologies, we governance, business expansion, scientific and technological have completed wind and PV installations of over 1.2 million innovation, green transition, and energy security. We broke new kW in size, bringing our total installations to over 1.4 million records in production, operations, reform and developments, kW in size, and an overall capacity for developing and utilizing achieved historic breakthroughs as well as record highs in our new energies that amounts to 8 million tons of standard coal. performance. In this critical year for the 14th Five-year Plan, we A major breakthrough was also achieved in the strategic layout, improved our Company’s overall sustainability performance. transition and upgrading of new refining materials, which Setting our sights on the carbon peak and carbon neutral increased our new chemical material output by 56%. Moreover, goals, we made all-round efforts to expedite our transition the integrated energy service stations that we established for towards a green and low-carbon economy. Energy production the purpose of selling oil products, and the “people-vehicle-and consumption are major contributors to climate change. Our living” ecosphere that we built are starting to show results. To focus is on achieving “near-zero” emissions by around 2050. strengthen cooperation at multiple levels and multiple directions, We enhanced the top-level design of our green and low-carbon we actively participated in global actions against climate change, transformation strategy, and formulated and issued the Green such as taking part in the carbon reduction projects operated by and Low-carbon Development Action Plan 3.0, pursuant to the Oil and Gas Industry Climate Initiative (OGCI) and the China which, we established a three-step path to energy transition that Oil and Gas Methane Alliance hosting public welfare activities consists of the “clean energy substitution, strategic succession in joint collaboration with the China Greening Foundation and and green transition” stages. As such, the outline of a green other organizations, enhanced disclosure of climate information industry plan centered around six bases and five major projects under the framework developed by the Task Force on Climate-has been determined. Believing in the principle of “construction related Financial Disclosure (TCFD), and, together with industry 12

MESSAGE FROM THE CHAIRMAN partners, international organizations and the general public, we We maintain a mutually beneficial win-win strategy to contributed our efforts to combat climate change. We also took create longstanding values for stakeholders. Adhering to active steps to become a green company. By strengthening the a human-centered approach in our development, we stay control of both intensity and total volume of energy consumption committed to green development and energy contribution, to and greenhouse gas (GHG) emissions, making strong efforts in boost the growth momentum of customers, and to empower energy conservation and emissions reductions, and accelerating people to enjoy a better life. We practice sincere cooperation the substitution of clean energy for fossil energy, we facilitated with stakeholders and share the fruits of our business growth. the transition of our production processes towards green and We actively respond to China’s rural revitalization strategy, and low-carbon technologies. We completed the three-year remedial focus on developing the five key areas of industry, talent, culture, plan for rectifying our production safety issues, under which, we ecology, and consumption to improve the livelihood of the promoted the prevention and control of pollutants, and continued rural population in a comprehensive and high-quality manner. to fight the battle against pollution to keep our skies blue, waters With the implementation of over 1,400 projects related to rural clear, and lands clean. We also stepped up our efforts to protect revitalization and social welfare during the year, benefitting more the ecological environment and biodiversity, promote the than 11 million people, we continue to make solid progress in harmonious coexistence of humanity and nature, to help create poverty alleviation. In addition, we powered the Beijing 2022 a Beautiful China. In 2022, GHG emissions, methane emission Winter Olympics and Winter Paralympic Games with green intensity and energy consumption from oil and gas production of energy by helping to ignite the first environmental-friendly our units in China decreased by 4%, 11%, and 0.45% respectively Winter Olympics torch in history with our hydrogen fuel. We over the past year. No major safety and environmental incidents made every effort to ensure clean energy supply throughout were recorded during the year. the games, and sponsored 200,000 tons of Chinese Certified Emissions Reductions (CCERs) to offset carbon emissions, to We focused on reform and continuous innovation to modernize assist the Games in achieving their carbon neutral goal. As our corporate governance structure and governance capacity. always, we prioritize the lives and safety of our employees as well In pursuit of our strategic goal to become a world-class as their physical and mental well-being. We furthered our efforts international energy company, we improved the top-level design to build a healthy and safe enterprise, protect the rights and of our corporate governance and continued to modernize our interests of employees, facilitate their career growth, strive to corporate governance structure and governance capability. improve the working and living conditions of our employees, and We continue to improve the Company’s governance structure, guarantee that all employees as well as the general public can organizational structure, operating mechanism and system. reap the fruits of our Company’s development. Moreover, we are Not only was our overseas business management system committed to a mutual gains approach, hence we strengthened fully reformed, but our major businesses were also efficiently our communication and cooperation with resource-rich synergized, gradually showing the benefits of resource sharing, countries, partners and communities, invested more on the system integration, and coordination. The new energies and welfare of communities, nurtured local development potential, new materials business segments were established one after and facilitated local economic and social development. another, accumulating momentum for our Company’s long-term development. We also strengthened our compliance and At present, the world is undergoing an era of volatility and integrity risk prevention management, improved our ESG risk change, with changes in the world, changes in the times, and management and control, to steadily drive our risk management unprecedented historical changes. In 2023, the macroeconomic capabilities forward. Staying committed to empowering our situation in and outside China will become more complex Company through innovation, we carried out vertical reforms and volatile. Instability, uncertainty, and unpredictability will of the science and technological system, created more effective become the norm. In the face of coexisting opportunities, recruitment, training, and incentive programs for talents in risks and challenges for development, the energy industry will science and technology, generated enthusiasm among scientific nevertheless continue to move forward and carry out full-scale and technical personnel for innovation, and strived to create reforms. Embracing high quality sustainability, PetroChina will a new ecology for scientific and technological innovation. A make every effort to improve its energy capacity and efficiency, ten-year action plan for important foundational research was technological innovation, global competitiveness, modern launched, pursuant to which, we firmly established multiple corporate governance, global impact, and leadership skills as research institutes that serve to advance research on new an outstanding entrepreneur, with the aim of swiftly becoming energies and new materials, and made substantial progress and a world-class international energy company, fully promoting achievements in key and core technologies such as geothermal economic and social development, and working hand in hand power, hydrogen power, and energy storage. Our computerized with stakeholders to create a better future. system now supports an integration of applications as well as shared services, thereby allowing us to accelerate the pace of digital transformation and smart development, to build a digitally smart PetroChina. PetroChina Company Limited Chairman of the Board 13

CORPORATE GOVERNANCE At PetroChina, we advocate value creation, upholding fundamental principles and breaking new ground, legal and regulatory compliance, collaboration, participation, and shared benefits as our governance doctrine. Through improvements to the modern enterprise system with Chinese characteristics and strong efforts to promote modernization of governance system and capabilities, we ensure that our decision-making is scientific, our checks and balances are effective, our operations are standardized and our supervision is powerful. We continue to improve corporate competitiveness, innovative capabilities, controlling power, influence and risk management capabilities. Sustained improvement in the effectiveness of our governance allows us to promote high quality development of the Company, fulfil our social responsibilities, and safeguard the interests of the relevant stakeholders of the Company.


PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT SUSTAINABILITY In support of international standards and initiatives such as the UN Global Compact, the UN’s 2030 Agenda Sustainable Development, and in pursuit of sustainable MANAGEMENT development, we advocate delivery of clean, reliable and affordable energy to the public in a responsible, sustainable and ethical manner, abide by laws and regulations, respect human rights, protect the environment and make contributions to the economic and social development of the locations with our business presence. We guide and manage the efforts in respect of sustainable development through the work of the Shareholders’ meetings, the Board of Directors and its special committees, the Supervisory Committee, and the management team led by the President. The philosophy of sustainability and our emphasis on high quality development are deeply integrated in the entire process of our business operation for effective control of environmental, safety and social risks, as well as continuous improvement of our sustainable development capabilities. Progress made on sustainable development management in 2022 Strengthening the ESG control functions of the Board so as to further improve the structure of the Board Strengthening Value-oriented headquarters essentially established with structure and organization continuously undergoing corporate optimization and adjustment governance Launching the “Year of strengthening compliance management” initiative, addressing specific operational and business compliance management issues to eliminate potential compliance risks Strengthening risk assessment, having audit reports and risk management reports reviewed by the Board and passing relevant resolutions Convening ESG work seminars Incorporating green and low-carbon transformation, energy conservation and emissions reduction, ecological and Promoting green environmental protection into our Company’s 14th Five-Year Plan and low-carbon Establishing a Leading Group on Carbon Emission Peak and Carbon Neutrality and a Leading Group on New transformation Energy and New Materials Business Development with monthly meetings to study, strategize and promote carbon emission peak and carbon neutral work as well as new energy and new materials business development Publication and implementation of the Company’s Green and Low-carbon Development Action Plan 3.0 Enhancing the Company’s new energy and new materials organizational structure, renaming and establishing the Oil, Gas & New Energies Branch and the Refining, Chemicals & New Materials Branch and establishing the new energy and new materials business segments Commencing action on building a green enterprise, conducting annual evaluation for our subsidiaries on ecological and environmental protection and sustainable development aspects, and incentivizing our subsidiaries to expedite green and low-carbon transformation Incorporating response to climate change and green and low-carbon transformation and development into compulsory training material for senior management, conducting promotion and training on green and low-carbon transformation policies and technologies on all our employees Establishing the Wisdom Pool Research Institute in Japan while facilitating the establishment and operation of our New Materials Research Institute in Shanghai and New Energy Research Institute in Shenzhen Establishing a GHG monitoring center, planning a carbon assets management platform, strengthening basic management of carbon emissions, promoting regulated management of carbon assets and development of carbon asset projects Observing business ethics, respecting and protecting human rights, caring for employees and committing to Fulfilling social greater social contributions responsibility Promoting community engagement, implementing community investment projects, supporting rural growth and developing local sustainable capabilities 16

CORPORATE GOVERNANCE Sustainable Development Committee The Sustainable Development Committee under the Board is responsible for overall planning supervision of ESG issues of our Company. Mr. Huang Yongzhang, the executive director and the president of our Company, serves as the chairman of the committee, and Mr. Jiao Fangzheng, the executive director and chief geologist of our Company, and Mr. Ren Lixin, the executive director and senior vice president of our Company, serve as members of the committee. Responsibilities of the Sustainable Development Committee To work on the sustainable development of our Company (including but not limited to environmental, social and governance matters), to identify and assess major risks and impacts on the sustainable development of our Company, to enhance risk management (including that in respect of environmental, social and corporate governance), and to make relevant proposals to the Board To supervise our Company’s commitments and performance on addressing climate change, ensuring health and safety and environmental protection and fulfilling social responsibilities in relation to key issues, and to make relevant proposals to the Board To examine the approach and strategies, goals, measures and relevant key issues in respect of the sustainable development of our Company, and to supervise and review the implementation of the sustainable development goals To review the environmental, social, and governance report and the health and safety and environmental protection report of our Company annually and to make relevant proposals to the Board To monitor important information concerning sustainable development, assess significant impacts of environmental, social and governance issues on relevant stakeholders, monitor the Company’s relevant safety and environmental risks, formulate response measures, and make relevant proposals to the Board Other matters as delegated by the Board Significant work performed by the Sustainable Development Committee during the year Convening Sustainable Development Committee meetings to consider the resolution on the 2022 ESG Report of our Company and the resolution on the 2022 Health and Safety and Environmental Protection Report of our Company and passing the respective resolutions Convening ESG work seminars, discussing ESG targets and formulating a three-year action plan for ESG work ESG Performance Review and Management Remuneration The Company incorporates various indicators relating to benefits, operations, energy conservation, emission reduction, HSE and compliance management into our management performance review. The results of the review are linked to their remuneration. In particular, emissions reduction indicators carry 10% weighting and up to 10 points may be deducted for non-performance of relevant indicators, while for safety, environmental protection and compliance management indicators, 5 points would be deducted for non-performance of each indicator. In 2022, we have incorporated energy consumption, GHG emissions and pollutant control into the annual performance review for the heads of relevant departments and subsidiaries and implemented performance review and granted awards on new energy and new materials business development, in order to further promote our Company’s green and low-carbon transformation. 17

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Management performance review Category and weighting KPI Weighting Economic value-added 15% Average investment capital rate of return 10% Benefits Net profit 15% (60%) Profit before tax 10% Free cash flow 10% Domestic oil and gas equivalent reserve conversion rate 10% Operations (30%) Oil and gas output 10% Net profit per capita 10% Energy savings 2% Water savings 2% Energy conservation and Chemical oxygen demand (COD) 1.5% emission reduction Ammonia emissions 1.5% (10%) Sulphur dioxide emissions 1.5% Nitrogen oxides emissions 1.5% Fatality rate per million work hours 5 points Major safety production liability incidents deducted for HSE and compliance non-management Major environmental liability incidents performance (mandatory) of each Investment planning control indicator Internal control system operation evaluation GOVERNANCE Ever since its incorporation, PetroChina has set in place a corporate governance framework in compliance with regulatory requirements and international practices, FRAMEWORK and such a framework has been improving from time to time by considering the actual operating circumstances and building a corporate governance system based on “statutory and transparent powers and responsibilities, coordinated operations, effective checks and balances”, so that the modernization of the corporate governance system and governance capabilities could be continuously enhanced. The respective authorities and responsibilities of the Shareholders’ meeting, the Board of Directors and its special committees, the Supervisory Committee, and senior management headed by the President have been clearly defined. Such a management structure allows for close coordination and is highly effective. We actively optimize the legitimate decision-making mechanism in keeping with laws and regulatory requirements, enhance the assessment of such a mechanism, set up and improve the retrospective and lifelong accountability system of decision-making. We keep on improving monitoring and checking exercising of power and following the principle of consistency of power and responsibility. We clearly delineated the limits of authority at different levels and set out a list of duties and powers. We made well-coordinated use of internal monitoring resources of legal affairs, internal control, auditing, internal inspection and inspection tour. We reinforced self-monitoring by means of double checking by dedicated departments and cross checking between superior and subordinate departments. We receive social supervision voluntarily to procure well-grounded decision making, appropriate authorization, well-controlled exercise of power and disciplinary action against any abuse of power. 18

CORPORATE GOVERNANCE Corporate Governance Structure Chart The governance system of our Shareholders’ Company meets the requirements General of the Company Law of the People’s Meeting Republic of China (“Company L aw ”), the Sec ur it ies L aw of Nomination Committee the People’s Republic of China (“Securities Law ”), the relevant Audit Committee provisions of the China Securities R eg ulator y Commi ssion, the Board of Supervisory regulatory requirements of stock Examination and Remuneration Committee Directors Committee exchanges where shares of our Company are listed and the Articles Investment and Development Committee of A ssociation of PetroChina (hereinafter referred as “Articles of Sustainable Development Committee Association”). Senior Management In 2022, the Company held one shareholders’ meeting , where Shareholders and Shareholders’ Meeting 11 resolutions were considered and approved. The shareholders’ meeting complied with regulatory The Shareholders’ meeting is the highest authority in the Company, exercising functions rules and statutory procedures, and and powers in accordance with the law. PetroChina’s Shareholders’ meeting is held the resolutions adopted are legal annually to ensure that all shareholders enjoy equal status and exercise their rights and valid. For details, please refer to effectively. the relevant announcement on our website. Protection of Shareholders’ Rights and Interests We attach great importance to the protection of shareholders’ rights and interests, especially the legitimate rights and interests of minority shareholders. Since 2018, the Company has been implementing a “cumulative voting system” for election of directors and supervisors, strengthening the power of minority shareholders and promoting active participation The Company complies with the of shareholders in the governance of the Company. Independent directors also actively relevant rules of the Shanghai Stock participate in the governance of the Company, providing independent advice and contributing Exchange Self-regulation Guidelines to the protection of the rights of minority shareholders. We continue to provide positive 5—Transactions and Connected Transactions, and the continuing returns to our shareholders. In 2022, we paid a historic dividend of RMB0.42 per share (tax connected transactions between the inclusive) totaling RMB77.34 billion, an increase of 86.5% over the past year. Company and its connected persons are governed by the principle of fair, At the time of our listing, the Company and CNPC entered into a continuing connected equitable and open pricing. Such transactions will not adversely affect transaction agreement. We update the particulars (including the service scopes and transaction the Company’s future financial amounts) of the continuing connected transactions with CNPC on a regular basis in accordance situation or operating results, nor with regulatory requirements and submit these to the Board and the shareholders’ meeting will they result in any reliance on its connected persons or affect the of the Company for approval. The historical transaction amounts of the continuing connected Company’s independence. For more transactions in the past years were all within the caps approved by the shareholders’ meeting of details about connected transactions the Company and the Board and disclosed in our annual report every year. In order to ensure the in 2022, please refer to our annual fairness and reasonableness of the connected transactions, CNPC, as a connected shareholder report for 2022. of the Company, abstained from voting on resolutions concerning connected transactions in the shareholders’ meetings. For details of the Company’s shareholding structure, please refer to the Company’s 2022 annual report. 19

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Directors, Committees Board of Directors and Board Special The directors are elected at our shareholders’ meetings and are accountable to the shareholders of the Company. The term of office is three years, renewable at the end of the term upon re-election and re-appointment. Directors act in the interest of shareholders as a whole, strictly adhere to the principle of diligence, integrity and pragmatism, and conscientiously perform their duties. Currently, the Company has 11 directors, including four independent non-executive directors. The proportion of independent directors comply with regulatory requirements. For details of changes in our Board composition, please refer to the Company’s 2022 annual report. Board of Directors and Special Committees The Board of Directors sets up five special Board committees, namely the Nomination A total of seven Board meetings Committee, the Audit Committee, the Examination and Remuneration Committee, the and 10 meetings of special Board Investment and Development Committee, and the Sustainable Development Committee committees were held in 2022 with (the composition, division and work of each Board committee is detailed in our annual 36 Board resolutions being passed, as report for 2022). The above-mentioned committees are mainly responsible for providing detailed in our website and our annual report for 2022. support to the Board in decision-making. The Directors sitting on the special Board Committees focus on matters according to their division of duties and make proposals for the improvement and enhancement of the management level of the Company. Board Diversity We implement the Diversification Policy of the Composition of the Board of Directors, so that Board members are engaged based on the operational model and work requirements of the Company, while taking into account their nationality, gender, age, cultural and educational background and professional experience. The Company continuously optimize the Board composition so as to further improve the decision-making capabilities and standards of the Board. For details of Board members, please refer to our website and our annual report for 2022. Gender Female 9.1% Position Male 90.9% Chairman 1 Country and region Vice Chairman 1 Mainland China 63.6% Executive Directors 3 Hong Kong SAR 27.3% Non-executive Directors Board 2 Diversity Japan 9.1% Independent Non-executive Directors 4 Professional background Age Petrochemical 63.6% 51-60 63.6% Financing 18.2% 61-70 27.3% Finance management 9.1% Over 71 9.1% Legal 9.1%

In 2022, the Company held five Supervisory Committee meetings a n d c o n s i d e r e d r e s o l u t i o n s r e l a t i n g t o t h e C o m p a n y ‘s financial report, ESG report, profit allocation budget, CEO operating results evaluation, election supervisory committee chairman, passing 15 resolutions, all of which were in compliance with the provisions of the Company Law of the People’s Republic of China and the Articles of Association and were legal and valid. CORPORATE GOVERNANCE [Graphic Appears Here] Independent Directors Our independent directors perform their duties with diligence and loyalty and provide advice for the operation of the Board and the business development of the Company by PDNLQJ_XVH_RI_WKHLU_SURIHVVLRQDO_NQRZOHGJH_DQG_ULFK_H[SHULHQFH_RI_WKHLU_UHVSHFWLYH_΋HOG_ DQG_H[SHULHQFH__HΊHFWLYHO¥_SURWHFWLQJ_WKH_LQWHUHVWV_RI_RXU_VKDUHKROGHUV_DV_D_ZKROH_ For details of the attendance by independent directors at the Board meetings, please refer to our annual report for 2022. [Graphic Appears Here] Participation of Independent Directors in Corporate Governance Performing duties in strict accordance with relevant Chinese and overseas laws, regulations and the Articles of Association, carefully reviewing resolutions and relevant documents submitted by the Company, actively participating in shareholders’ meetings, board meetings and committee meetings, providing independent and objective advice, protecting legal rights of shareholders as a whole, in particular minority shareholders at large Reviewing the Company’s regular reports, overseeing the Company’s information disclosure in accordance with relevant laws, regulations and the Company’s information disclosure management system to ensure true, accurate and complete information disclosure Actively understanding the Company’s state of operations, financial performance and progress of major projects through teleconferences, engagements with senior management and correspondences Closely monitoring relevant updates from regulatory authorities and feedback from investors, media and the public, promoting sufficient concern and understanding by management of stakeholder concerns, in particular connected transaction limits and investment budget planning Supervisors and Supervisory Committee 7KH_WHUP_RI_RÎFH_RI_RXU_VXSHUYLVRUV_LV_WKUHH_¥HDUV__UHQHZDEOH_DW_WKH_HQG_RI_WKH_WHUP_ upon re-election and re-appointment. No supervisor may concurrently hold the position RI_D_GLUHFWRU__3UHVLGHQW__9LFH_3UHVLGHQW_RU_&KLHI_)LQDQFLDO_2ÎFHU__,Q_DFFRUGDQFH_ZLWK_WKH_ Company Law and the Articles of Association, the supervisors shall attend meetings of the Supervisory Committee and sit in on Board meetings on a non-voting basis. They shall report to the Shareholders’ meeting, submit the Supervisory Committee’s work reports and relevant proposals. As at the end of 2022, the Company’s Supervisory Committee consisted of 8 supervisors, 4 of which were employee representatives. The Supervisory Committee is accountable to the Shareholders’ meeting. The Supervisory Committee formulated the Organization and Rules of Procedures for the Supervisory Committee and the Rules on Supervisors’ Performance of Duties, setting out the manner, content, requirement and standard of appraisal with respect to performance of duties by the supervisors. All supervisors are urged to monitor the Company’s finances and the legality and compliance of the directors and senior management of the Company in performing their duties with due diligence. Executive Body The Company’s executive body is headed by the President and is composed of Senior Vice Presidents, Vice Presidents, a CFO and Secretary to the Board, etc. They are appointed by and held accountable to the Board of Directors. They implement Board resolutions and organize the day-to-day production and business activities of the Company in accordance with the Company Law and the Articles of Association of PetroChina on the strength of authorization by the Board. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT [Graphic Appears Here] Sustaining In-depth Reform to Promote Modernization of the Company’s Governance System and Capabilities Starting from 2020, the Company established a leadership panel on comprehensive in-depth reform for sustained in-depth reform of the Company. A series of progress has been made in reforming important areas and key sections. Improving and reforming top-level design Accelerating the establishment of D_QHZ_KLJK_HÎFLHQF¥_ organization model New pace of development with marketization reforms and operation system transformation Horizontal and vertical reform of technology system and mechanism We published the Guiding Opinion on Modernization of Corporate Governance System and Capabilities, specifying the Company’s optimization strategy and governance principles, as well as specific missions for establishing structural, organizational, operational, institutional and supervisory systems, thus formulating the top-level design of our corporate governance, significantly enhancing governance effectiveness. We bolstered the functions of the Company’s headquarters as the center of our strategy, decision-making and management, and continued to optimize the division of functional roles, organization structure and personnel assignment, thus making great strides in the establishment of a value-based headquarters. Further, we optimized and adjusted our overseas business system and made significant progress in the internationalization of our headquarters, contributing greatly to quality development of our overseas businesses. We continued to focus on strategic transformation of the Company and improve our new energy and new materials organizational structure. We comprehensively strengthened marketing efforts, optimized production and operation coordination system and established a smart operation center, thus facilitating our transformation from a “production model” to a “business management model”. We fully implemented term limits and contract management system for management staff, allowing us to reassign bottom-ranked management and terminate employment of incompetent staff, thus continuously improving our marketized employment system, as well as our market-oriented, efficiency-centered production business operation system and quality efficiency incentive mechanism. We implemented the Guiding Opinion on Independent Strengthening of High-level Technology and Enhancing Technological Innovation, which determined our specific reform targets and path for technology system and mechanism reform. We revised the Company plan for rewarded scientific technology, increasing bonus for significant technology contribution, thus improving the incentives for technology personnel innovation and creativity. We devoted efforts to develop world-class research institutes and world class innovative enterprises. With the establishment of several research institutes focused on new energy and new materials, we have accomplished landmark achievements in major technological barriers, thus expediting our digital transformation and smart development. __

CORPORATE GOVERNANCE Compliance Management The Company incorporates compliance with laws and compliance into the 14th Five-Year Plan, specifying the concept of compliance with laws and regulations of the “supremacy of laws, compliance as the priority, honesty and good faith, and safeguarding rights 100% according to the law”, and sets out ever more rigorous compliance management system continuously. We have strictly implemented laws and regulations as well as government regulatory requirements, incorporated compliance requirements into systems and processes and established comprehensive, operationally effective hierarchical Compliance training compliance management system, striving to improve a compliance risk control system coverage rate covering the whole chain and process and devoting full efforts to develop a compliance culture with PetroChina characteristics. We actively promote the implementation of compliance management requirements and responsibilities, and continuously improve the Company’s operation level in compliance with the law and regulations. Key actions in compliance management in 2022 Launching the“Year of Strengthening Compliance Management” initiative, addressing specific operational and business compliance management issues to fully address and rectify non-compliance issues and eliminate potential compliance risks Strengthening and improving our compliance management system based on seven aspects of compliance system establishment, responsibility implementation, risk management, business compliance, supervision and accountability, resource security and culture training Organizing and formulating department and position compliance responsibility checklist, compliance review checklist, compliance risk checklist and procedure control checklist, ensuring compliance responsibility and enhancing risk control effectiveness Improving compliance guidelines on focus businesses Revising and improving the evaluation criteria for legal and compliant operations with strong enforcement and strengthening compliance as a guiding value Organizing a wide-range of compliance training and promotion with comprehensive coverage 23

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Rules and Regulations System In 2022, the Company conducted 1,018 internal audit projects and submitted three reports on the relevant work to the Board and the $XGLW_&RPPLЧHH_ The Company continues to optimize and improve the rules and regulations system and build a system of rules and regulations which encompasses all aspects of production, RSHUDWLRQV_DQG_PDQDJHPHQW_DQG_LV_FRPSOHWH__VFLHQWL΋F_DQG_VWDQGDUGL]HG_DQG_RSHUDWHV_ HΊHFWLYHO¥__7KH_&RPSDQ¥_VWULFWO¥_LPSOHPHQWV_WKH_H[WHUQDO_UHJXODWRU¥_UHTXLUHPHQWV__PHHWV_ the requirements for the improvement of management, continuously optimizes and LPSURYHV_WKH_UXOHV_DQG_UHJXODWLRQV_LQ_WKH_΋HOGV_RI_΋QDQFLDO_IXQGV__SURMHFWV_FRQVWUXFWLRQ__ material supply, bidding management, safety and environmental protection, quality and health, etc., and promotes the improvement of the system. Internal Control and Risk Management System The Company attaches great importance to the construction and supervision of internal control and risk management systems. The Board of Directors and Audit Committee regularly listen to reports on internal control work, organize the identification and DVVHVVPHQW_RI_PDMRU_DQG_VLJQL΋FDQW_ULVNV__GHWHUPLQH_FRQWURO_PHDVXUHV_DQG_IRUPXODWH_ solutions, and ensure that the Company’s internal control system is complete and effective. In 2022, the Company revised our risk management plan and procedures management plan, optimized our internal control system design, published our corporate internal control management manual and guidelines, adding guidance and principles to our revised corporate handbook and ensured that our internal control system design has been updated for compliance and effectiveness. The Company maintains an issue-based approach, with in-depth analysis of causes and enhanced risk alerts. In 2022, the Company passed an external audit for 17 consecutive years. Integrity Risk Prevention The Company places great emphasis on integrity risk prevention. We comply strictly with the laws and regulations of the country in which our business is conducted as well as international conventions to promote legal operations and compliance management. We treat our business partners, customers, suppliers, contractors and counterparts with integrity, respect and equality, oppose any form of commercial bribery and require our business partners to follow the requirements pertaining to the Company’s integrity risk prevention policies. The Company has formulated and implemented rules and regulations such as the Anti-commercial Bribery Manual, the Integrity and Compliance Manual, the Employees Manual, the Corporate Culture Manual, the Punishment Regulations for Management’s Violations and Non-compliance, Compliance Management Measures, Self-Discipline Convention Applicable to Bidding and Tender Activities, Supplier Management Measures, etc., to regulate the behavior of employees and the Company. __

Main measures of the Company’s Integrity Risk Prevention Strengthening standardized operations Strictly complying with the rules of procedure for the Shareholders’ meeting, the Board of Directors and its Special Committees, the Supervisory Committee and the management, etc., with all decisions such as major project arrangement and large-amount capital operations discussed collectively Strengthening the development of systems such as compliance management and prevention and control of integrity risks, strengthening real-time supervision in focus areas and key sections to achieve full supervision coverage Strictly implementing systems and regulations relating to procurement of materials, management of contracts, tendering and bidding, use of expenditure and internal control of funding and a full supervision mechanism from preliminary prevention, work supervision to post evaluation Strengthening supervision and inspection Strengthening regulation and supervision of management in the exercise of authority, establishing a unified mechanism, organizing regular coordination meetings, in order to establish a system based on coordination, information sharing and joint efforts Strengthening the supervision of managers, especially the “top leaders” at all levels; requiring all employees to sign a pledge to be clean professionals; formulating and implementing articles on supervision Strengthening compliance management Establishing robust compliance control procedures for the review, approval, implementation, audit, supervision and training of business partners and carefully selecting suppliers, contractors, agents, distributors and business partners with complete qualifications and sound reputation Carrying out due diligence on business partners, fully understanding and continuously paying attention to and evaluating the integrity and compliance performance of business partners, closely monitoring changes in their financial and credit status and regularly evaluating their ability to perform obligations Promoting compliance concepts, requirements and culture to business partners through signing compliance agreements and providing compliance warrantees Strengthening education and training Providing education and training for Directors and all employees on integrity risk prevention laws and regulations Conducting integrity education activities at different positions to establish a long-term integrity education system Providing business partners with various forms of compliance and anti-commercial bribery training __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Upholding Business Ethics The Company abides by business ethics and market rules, and adheres to the principle RI_KRQHVW¥_DQG_FUHGLELOLW¥__HTXDO_FRQVXOWDWLRQ__PXWXDO_EHQH΋W_DQG_FRPPRQ_GHYHORSPHQW__ and promotes transactions with high business integrity and transparency, in order to maintain fair and impartial competition in our business activities. We strictly comply with the Anti-monopoly Law of the People’s Republic of China, the Anti-unfair Competition Law of the People’s Republic of China, the Supervision Law of the People’s Republic of China, and relevant laws and regulations of the country where we do business, as well as the UN Guiding Principles on Business and Human Rights and other international principles and initiatives. Code of professional ethics formulated by the Company Code of Professional Ethics for Senior Management Personnel of PetroChina Company Limited Code of Professional Ethics for Employees of PetroChina Company Limited For more information, please refer to the Company website. SUPPLY CHAIN The Company maintains global sourcing, open cooperation, resource sharing, mutual EHQH΋W_DQG_ZLQ_ZLQ_UHODWLRQVKLSV_DV_WKH_EDVLV_RI_RXU_VXSSOLHU_PDQDJHPHQW_SKLORVRSK¥_ MANAGEMENT and adheres to the principles of compliance, quality, efficiency and effectiveness, implementing full cycle closed loop management from access to exit. We formulate and constantly improve the Regulations on the Management of Engineering Construction Projects, the Regulations on the Management of Material Supply, the Regulations on the Management of Tendering and other relevant regulations, as well as a series of implementation measures and standards, so as to strengthen the compliance management of suppliers. We practice responsible procurement and incorporate green and low-carbon development into our entire materials supply chain management, fully identify and control the possible environmental and social risks in the supply chain, such as safety and health, labor rights, environmental protection and business ethics and constantly improve the quality of suppliers. __

In 2022, we organized random quality inspection of 814 batches of materials procured and strictly dealt with non-conforming suppliers and products. We review and monitor our suppliers for their business ethics and compliant operations practices as well as performance records, and incorporate the relevant indicators into our supplier evaluation system. During the year, we completed 226,595 orders with 100% dynamic quantitative assessment of our suppliers. Supply chain management 21,890 Number of materials suppliers 2,185 Number of tier 1 manufacturers 98.03% Percentage of tier 1 PDQXIDFWXUHUV_FHUWL΋HG_E¥_WKH_ Quality Management System (ISO9001) 94.14% Percentage of tier 1 PDQXIDFWXUHUV_FHUWL΋HG_E¥_WKH_ Environmental Management System (ISO14001) 93.14% Percentage of tier 1 PDQXIDFWXUHUV_FHUWL΋HG_E¥_WKH_ Occupational Health and Safety Management System (ISO45001) /PUF__%BUB_POMZ_JODMVEFT_TVQQMJFST_ JOWPMWFE_JO_EPNFTUJD_CVTJOFTT_PG_UIF_ $PNQBOZ_BOE_EPFT_OPU_JODMVEF_UIPTF_ JOWPMWFE_JO_PVS_JOUFSOBUJPOBM_CVTJOFTT Major supplier management measures Supplier access We provide guidance to our suppliers on strengthening lawful and ethical business operation, observing business ethics and corporate social responsibility. We require suppliers to comply with the relevant policies and regulations on anti-commercial bribery, conduct necessary due diligence on suppliers and include compliance performance in the contract as a prerequisite for access We have formulated over 80 supplier access basic conditions, requiring all suppliers to comply with our unified quality, environmental, health and safety standards, obtain requisite nationally recognized quality management system accreditations, occupational health and safety management accreditations and environmental management system accreditations, so as to continuously improve product and service reliability as well as environmental sustainability We give priority to energy-saving and environmentally friendly products, expressly specifying priority in procurements to energy-saving, environmentally friendly and low-carbon materials, encourage the use of environmentally friendly packaging, promote green procurement and give extra bonus points in assessment for the same Suppliers are required to protect labor rights and satisfy development needs We organize on-board training on business ethics, prevention and control of integrity risks and quality, health, safety and environment (QHSE) for all new suppliers and promote the Company’s operation and management concepts We require suppliers to sign a letter of commitment for access, covering 100% of our suppliers Supplier supervision We have optimized our whole-process management of suppliers and formulated a routine management and supervision mechanism for suppliers to strengthen identification and prevention of environmental and social risks and to promote the performance improvement of suppliers We have conducted reviews on business ethics and compliant operations practices as well as performance records for suppliers and incorporated the relevant indicators into our supplier evaluation system. We continue to increase enforcement of penalties on suppliers who fail to comply with laws and regulations In 2022, we completed 226,595 orders with 100% dynamic quantitative evaluation of our suppliers Supplier exit management We have revised the administrative measures for dishonest behavior of bidders and regularly published information of offenders on the column for dishonest behavior on the bidding and tender website of the Company For issues related to the quality, compliance, integrity and corruption of our suppliers, the supplier may be subject to four types of exit treatment from suspension of product trading right, suspension of trading right of supplier, to revocation of product access or revocation of supplier access depending on severity Supplier communication We ensure unobstructed and effective communication mechanism with suppliers and understand supplier concerns and claims through various channels In 2022, we continued to strengthen strategic procurement relationship with 18 domestic and international suppliers, including China Baowu and Siemens, expanded the cooperation areas and levels with suppliers, carried out active exchanges in various aspects such as green environmental protection and sustainable development and opened more avenues for potential cooperation We pay attention to the health, safety, environmental protection and compliance operations of suppliers and communicated with suppliers in a timely manner, enhancing the synergy level of the supply chain __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT INTERACTING WITH :H_DUH_GHGLFDWHG_WR_HQKDQFLQJ_WKH_TXDOLW¥_DQG_SUR΋WDELOLW¥RIand value for our stakeholders, and to achieve our common goal of win-win cooperation and harmonious development. 150+ Conducted over 150 interactions with institutional investors and ESG rating agencies Communication aspect A Received “A” rating in information disclosure by SSE for 8 consecutive years Methods and channels __

CASE STUDY &OIBODJOH_FOHBHFNFOU_UP_KPJOUMZ_UBDLMF_DMJNBUF_DIBOHF In response to the increasing concern from our stakeholders on tackling climate change and promoting energy transformation, the Company actively engaged with institutional investors and international RUJDQL]DWLRQV__EULH΋QJ_WKHP_DERXW_WKH_&RPSDQ¥ V_ZRUN_DQG_SURJUHVV_LQ_HQKDQFLQJ_(6*_PDQDJHPHQW_DQG_ participation in climate action. ,Q_______WKH_&RPSDQ¥_HQJDJHG_LQ_DFWLYH_DQG_HΊHFWLYH_H[FKDQJH_ZLWK_WKH_&$_____LQYHVWRU_JURXS__LQFOXGLQJ_ 10 institutions such as Harvest Fund Management) on energy transition paths, carbon emissions control, new energy and new business developments, CCS/CCUS and hydrogen fuel development. Progress made in 2022 Published quarterly, interim and annual financial reports Published ESG report Published 160 announcements on our website (please refer to the Company website) Received “A” rating in information disclosure by SSE for 8 consecutive years Mr. Dai Houliang, chairman of our Board, was invited to attend and speak at the 2022 BRICS business forum panel discussion themed “Accelerate green transition and promote global sustainable development”, the CNPC International Cooperation Forum at the China International Import Expo where he delivered a speech on the feature of “Expanding open cooperation, jointly tackle challenges, protecting energy supply safety in a green and low-carbon transformation”, the International High-level Forum on Green and Low-carbon Energy Revolution where he shared our practical experience with green and low-carbon transformation Participation in HKEX policy consultation Communicated with MSCI Actively participated in ESG-related work of the China Association of Public Companies (CAPCO), with Mr. Wang Hua, our financial controller and secretary to the Board elected as deputy head of the CAPCO ESG committee, where he shared the experiences of the Company at the inaugural meeting. Our case study “Implementing Green and Low-Carbon Development—Contributing to be appointed to the Carbon Emission Peak and Carbon Neutrality Goals” was selected by CAPCO as the best ESG practice case Participated in the ESG initiation meeting organized by the China Petroleum and Chemical Industry Federation Participated in the China Social Responsibility 100 Forum series of events Active and effective engagement with the Climate Action 100+ (“CA100+”) investors’ group on issues such as energy transformation paths and carbon emissions control Effectively communicated with our shareholders Organized PetroChina Open Day for the fifth consecutive year __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Stakeholders Expectations Communication Approach Providing stable energy supply Promoting harmonious economic and Contributing company experience social development Conducting strategic cooperation with relevant Taking on leadership role in terms of departments Governments brand and technology Attending seminars and forums Paying taxes according to law Fulfilling obligations on statutory information disclosure Standardizing corporate governance Organizing non-deal roadshows and other Ensuring stable business growth communication activities Shareholders Promoting sustainable development Issuing regular reports and organizing results announcement conferences and investors conferences Electing employee representative to join the Supervisory Committee Guaranteeing basic rights Establishing labor unions at all levels Providing career development Convening employee representatives’ meetings Improving remuneration and welfare and making reports Employees Organizing employee training programs Setting up a complaints and feedback system Providing safe, environmentally friendly Carrying out activities to protect consumers’ and high quality products interests Improving the quality of services on a Publicizing commitment to quality services continuous basis Providing 956100 hotline services Customers Operating with integrity Conducting customer satisfaction surveys Holding tender meetings Holding large cross-border business negotiations and technical exchange meetings Using electronic trading platforms Conducting fair and transparent Sharing managerial practices and technical procurement standards Business partners Pursuing win-win cooperation Conducting contract negotiations and routine meetings Conducting training for business partners Holding ordinary business meetings Improving sustainable development management Contributing company experience Taking on social responsibilities such as Participating in NGO activities poverty alleviation and environmental NGOs protection Promoting international communication Actively tackling climate change Establishing a comprehensive community Promoting employment growth engagement mechanism and actively holding Protecting community environment dialogues with local communities Promoting community economic Paying attention to community feedback and development improving social effectiveness Communities Respecting community culture and Conducting publicity and education traditions Fulfilling notification obligations and increasing information disclosure

Key Actions Complying with the applicable laws and regulations in the jurisdictions where we operate and operating with integrity and compliance Ensuring stable oil and gas supplies Participating in policy discussions organized by the government on climate change, energy conservation and emission reduction Promoting local employment and nurturing local talents Paying taxes according to law Ensuring equal treatment of shareholders and valuing the Operating in a responsible manner to maintain a good opinions of minority shareholders and providing feedback reputation to the Company’s management in a timely manner Holding general meetings Strengthening management over investor relations and communicating with minority shareholders in various ways Enhancing employee training and skills development Organizing vocational skill contests Conducting occupational health checks Enhancing quality management and properly handling customer complaints Protecting customer privacy Providing quality services and improving product and service quality Promoting local employment in overseas operations Providing a career development platform for employees Protecting employee safety Increasing the supply of clean fuel, such as natural gas, high- standard gasoline, geothermal heating and hydrogen fuel Prioritizing the supply of oil for disaster relief and agricultural production actively Organizing PetroChina Open Day activity Strengthening centralized procurement management to provide suppliers with equal competition opportunities Enhancing communication and coordination with Opening the investment field contractors and strengthening the QHSE management Holding high-level forums of contractors by creating a safe and healthy working environment Paying attention to concerns of the public through various forms of communication Playing an active role in participating in and supporting international environment protection standardization Participating in a wide range of forums and conferences Attending the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change Side Event Managing impact on communities and conducting social and environmental impact assessments Fulfilling social responsibility and investing in community welfare Participating in disaster relief and reconstruction and providing financial support for education and poverty alleviation Supporting and driving the economic and social development of areas where businesses are located with large projects construction Supplying clean energy such as natural gas to remote regions Inspiring employees to provide voluntary services Expanding local procurement Providing job opportunities and training for the local community __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT TECHNOLOGICAL Innovation is our primary strategy and the basis for our entire development vision. Our goal is to deepen technological and digitalization innovation through optimizing INNOVATION allocation of innovation resources, building a dynamic and open innovation ecology, AND DIGITAL enhancing overall efficiency of the innovation chain, strengthening technological innovation to support leadership capabilities. We expedite deep integration of EMPOWERMENT digital technology and operations in order to achieve steady progress in digital transformation and smart development. Technological Innovation Technological innovation drives the transformation of our production methods towards a green and low-carbon future, addressing global issues such as energy supply, carbon emissions reduction and improving efficiency. We continuously strengthen planning and top-down design as well as our efforts in overcoming key technology barriers, optimizing our technological innovation management system, building an innovative technology enterprise and innovation platform and facilitating the development of a center for generating original technology. 3.# 18 % CJMMJPO 3_%_FYQFOEJUVSF 3BUJP_PG_UIF_BOOVBM_3_%_FYQFOEJUVSF_CFBST_UP_ 3_%_QFSTPOOFM GPS_UIF_ZFBS UIF_PQFSBUJOH_SFWFOVF_PG_UIF_$PNQBOZ

Technological Innovation 3,700 patents applied, 3,584 invention ones % Percentage of invention patents applied 1,598 patents granted, 1,470 invention ones % Percentage of invention patents granted Received one Silver Award and two Outstanding Awards at the 23rd China Patent Awards Led the formulation and UHYLVLRQ_RI_΋YH_LQWHUQDWLRQDO_ standards which were RÎFLDOO¥_SXEOLVKHG Accomplished seven landmark technology achievements and six major technological progress Key initiatives Major progress Formulating our Technology and Innovation to Support Carbon Emission Peak and Carbon Neutral Implementation Plan, focusing on four main carbon reduction avenues of &OIBODJOH energy conservation and enhancing efficiency in operations, UPQ_MFWFM_EFTJHO clean energy substitution, engineering carbon sequestration and structural optimization to establish a low carbon and zero carbon technology system Accomplishing intermediate results with establishing an original technology generation center &YQFEJUJOH_ FTUBCMJTINFOU_PG_ Establishing the Wisdom Pool Research Institute in Japan SFTFBSDI_JOTUJUVUFT_BOE_ Expediting the establishment and operation of our new JOOPWBUJPO_QMBUGPSNT materials research institute in Shanghai and new energy research institute in Shenzhen Expediting technological breakthrough and application demonstration in focus areas such as hydrogen fuel, energy storage, geothermal power, coal associated resources, CCS/ ‘BDJMJUBUJOH_HSFFO_BOE_ CCUS, energy conservation and environmental protection MPX_DBSCPO_BOE_OFX_ FOFSHZ_UFDIOPMPHJDBM_ Accomplishing major technological progress in CCUS full EFWFMPQNFOU whole industrial chain key technology, geothermal high efficiency integrated utilization key technology, wide temperature tolerance high efficiency lithium-titanate battery materials and battery manufacturing technology Connecting with top R&D institutes in China and overseas to 4USFOHUIFOJOH_ attract top technology talents JOOPWBUJWF_UBMFOU_ XPSLGPSDF Strengthening cooperation with higher education schools to nurture young and innovative talents Building a comprehensive IP management and support service organization through the establishment of 7BMVJOH_*1_ PetroChina IP management office and three IP support QSPUFDUJPO_BOE_ centers NBOBHFNFOU Discussing and formulating the Company’s IP Development Plan (2023-2030), IP Work Evaluation Plan and Patent Award Evaluation Plan __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Digital Empowerment Digital transformation is a major strategic initiative in the Company’s drive towards modernization of the Company’s governance system and capabilities. We strongly promote digitalization, networking and smart development, utilizing digital technology such as cloud computing, IoT, 5G, big data and AI to integrate digital technology into corporate governance and business development under key directions of smart technology and product innovation, in order to drive enterprise digitalization transformation and smart development as a part of our efforts to strongly promote corporate digitalization and intelligentization. PetroChina adheres to the general principles of “value orientation, strategic leadership, innovation drive and platform support”, focuses on the aspects of “business development, management reform and technology empowerment”, conducts business model restructuring, management model reform and business model innovation, facilitates the building of smart oil and gas fields, smart refinery and smart sales and develops user-based, data-based and innovation-driven new production methods, new business models, new industrial ecology, so as to achieve industrial transformation and upgrade as well as value growth. __

CORPORATE GOVERNANCE Digital Transformation and Intelligent Development Target Progress Collaborative optimization of Leveraging our PetroChina Intelligent Operation Command oil and gas business chains Center to promote the unified scheduling, optimized With the goal of maximizing the operation and process monitoring of production operations overall benefits of the upstream and build early warning models, thus improving emergency and downstream business chains response capabilities and the value of shareholders, Developing software and hardware with expanded capacity carrying out optimal allocation of and improved functionality based on cognitive computing resources and overall planning of platform, in order to build a unified, open and expandable operating results and linkage of AI platform for the Company emergency response Optimizing digital transformation top-down design for our oil and natural gas and new energy, refining, chemicals and new materials, sales, natural gas sales business segments, organizing unified scenario models, optimizing pilot unit implementation plans which expedite standardization, Business Transformation and upgrading regularization and modularization, in order to build Development of main businesses implementation models that can be replicated, extended, operated and used as reference Integrating the Internet, big data, Smart oil and gas fields: building an oil and gas direct artificial intelligence and other management model based on “production command center technologies with the Company’s + unattended stations”, facilitating integrated management business, and focusing on the of focus areas such as production sites and operation sites construction of smart oil and gas fields, smart refining and sales Smart refining: Preliminarily constructing a comprehensive in order to help the industrial 3D digitalized design, delivery and digital twin integrated transformation and upgrade factory for the Shaanxi Yulin ethane-to-ethylene smart factory, which significantly enhancing labor productivity and reducing energy consumption Smart sales: Actively building a customer-oriented full membership system and developing extensive digitalized integrated marketing Further applying the big data analysis platform project on financial and accounting supervision as well as auditing Promoting the improvement of decision support, operation Basically establishing our global shared services system, management, collaborative continuing to promote the application of shared services office, collaborative R&D platforms in areas such as finance and human resources, in and shared services through order to facilitate centralized, streamlined and standardized Management digitalization, and pushing processing of similar operations, in turn driving our Reform forward the modernization and transformation into high quality management transformation of the corporate Continuously developing electronic sales services and optimizing governance system and online business transactions and service platform functions, governance capabilities so as to effectively enhance precision marketing capabilities, management standards and scientific decision-making Creating a first-class industrial Increasing application of our cloud technology platform in Internet system in the energy order to continuously improve PetroChina’s cloud resource and chemical fields to empower computation and storage capacities based on PetroChina’s four major data centers Technology digital transformation with Empowerment technologies Further optimizing our data management system and continuing to build our data governance and data lake systems 35

CLIMATE CHANGE AND ENERGY TRANSITION Climate change is a global issue for all humanity and requires the combined efforts and response of the whole world. China has proposed the vision of building a human community with a shared future and set out clear carbon emission peak and carbon neutrality goals, requiring energy industries to accelerate their transformation. PetroChina firmly implements China’s policies on carbon emission peak and carbon neutrality, actively participates in global climate governance, promotes the transition to a green and low carbon model on a strategic level in the Company’s overall development, vigorously develops clean, low-carbon, safe and highly-effective energy sources, continuously enhances carbon emission management and control, and strives to play an integral role in the state’s efforts to achieve carbon emission peak and carbon neutrality goals and to safeguard energy security.


PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT TO CLIMATE RESPONSE CHANGE We have supported and initiated the following plans and initiatives related to climate change Paris Agreement China’s National Program for Addressing Climate Change China’s Politics and Actions for Addressing Climate Change China Technology Strategic Alliance for Carbon Dioxide Capture, Utilization and Storage (CTSA-CCUS) Oil and Gas Climate Initiative (OGCI) Carbon Emission Peak and Carbon Neutrality Declaration of China’s Petroleum and Chemical Industry China Oil and Gas Methane Alliance We agree with the temperature goal set out in the Paris Agreement and strive to ΋UPO¥_LPSOHPHQW_WKH_JRDOV_DQG_DFWLRQ_SODQV_SURSRVHG_E¥_WKH_&KLQHVH_JRYHUQPHQW_WR_ achieve carbon emission peak and carbon neutrality, and by leveraging our own energy resources, we intend to carry out the carbon emission peak action plans systematically, one step at a time. We have continued to improve our governance mechanism for addressing climate change, incorporating it into our overall development strategy. We have also improved our risk management procedures and its implementation plans and collaborated with other institutions on climate change issues to actively and steadily contribute to the carbon emission peak and carbon neutrality goals. Climate Governance The Board attaches great importance to climate change-related risks and opportunities. We pay close attention to policies, laws, technology, and market changes related to the global and China’s transition to a low-carbon economy. In our annual policy research, we take into consideration the impact of climate risks and the low-carbon economic transition policy to identify and assess the real challenges and potential impact of climate change on our Company. Our Company also incorporates green and low-carbon initiatives into our overall development strategy and established a Leading Group on Carbon Emission Peak and Carbon Neutrality. Through monthly meetings, we study, deploy, and implement action plans to support these initiatives, continuously strengthen the management of climate-related risks, improve our carbon emission management and control system, develop low-carbon industries, improve clean energy supply, create effective capacity building programs for the management team and skills training programs for all employees, and actively participate in the cooperation across the global oil and gas industry in tackling climate change. __

CLIMATE CHANGE AND ENERGY TRANSITION Our Company’s Climate Governance Process Organization Board of Directors Management Strategic planning and low carbon management department Branches (Subsidiaries) Responsibilities Formulating and reviewing our Company’s green and low-carbon development strategy, major action plans, risk management policies, and annual budgets, as well as supervising our Company’s achievement of carbon emission reduction goals Reviewing reports and recommendations submitted by specialized management departments and submitting opinions and suggestions on strategies, planning and management to the Board of Directors Implementing our Company’s green and low-carbon development strategies, paths and action plans proposed by the Board of Directors Formulating policies and carrying out studies on green and low-carbon development, analyzing climate risks and opportunities, as well as providing opinions and suggestions to our Company’s management based on our Company’s low-carbon management status Implementing our Company’s management goals and action plans related to low-carbon management Implementing the low-carbon development plans, tracking and monitoring the achievement of the objectives of the entity in accordance with the overall deployment and target decomposition of our Company Key Actions Taken by the Board and the Management to Govern Climate Risks Incorporated green and low-carbon initiatives into our Company’s overall development strategy Established a Leading Group on Carbon Emission Peak and Carbon Neutrality and a Leading Group on New Energy and New Materials Business Development, which are responsible for convening monthly meetings to study, deploy, and implement relevant action plans Incorporated indicators for energy consumption, greenhouse gas (“GHG”) emissions etc. into the annual performance evaluation of our Company’s headquarters and branches (subsidiaries), and embedded response to climate change as a mandatory module in the training program of Senior Management members Established the Wisdom Pool Research Institute in Japan, accelerated the building and operation of the Research Institute for New Energies in Shenzhen and the Research Institute for New Materials in Shanghai, and conducted more research on green and low-carbon strategies and technologies Promoted the standardized management of carbon assets and the development of carbon asset projects __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Strategic Response Incorporating green and low-carbon initiatives into its overall development strategy, our Company established a three-step path to energy transition, which consists of the “clean energy substitution, strategic succession and green transition” stages. We incorporated measures to transition to green and low-carbon energy, energy conservation and carbon reduction in our overall 14th Five-Year Plan and issued Green and Low-carbon Development Action Plan 3.0 to further detail the implementation methodologies and measures for achieving carbon emission peak and carbon neutrality.ket, technology, operation, policy, and physical factors, and formulated corresponding countermeasures to enhance our ability to address potential climate risks and opportunities at the strategic level. Having a low-carbon footprint helps energy companies build their reputation and is a major concern of Reputation stakeholders. If our Company fails to meet its low- carbon development goals or fails to ideally meet such goals using the expected routes and measures, our reputation and image may be adversely impacted Actively and steadily transitioning into a green and low-carbon company Improving the disclosure and transparency of information related to climate change Facilitating all-round communication and exchange Public attention on climate change may drive market Vigorously developing clean energy sources, promoting preference for low-carbon products and services, high-quality and sustainable development of our natural thereby affecting demand for fossil fuels gas business and promoting the transformation and Market upgrading of refining companies The rapid development of alternative energy Taking into account climate-related factors in our sources, new energies and new products may put investment decisions and increasing investment in new competitive pressure on our Company energies and alternative energies Increasing investment in technological innovation, and vigorously developing low-carbon and energy-saving Technology Low-carbon transition will increase our Company’s technologies cost of technological innovation Establishing research institutes that focus on the technological research of new energies and new materials Actively promoting clean energy substitution in our production process, and accelerating our Company’s Operation The carbon emission policy may affect our transition to green and low-carbon energy Company’s cost expenditure and profits Strengthening the management of carbon assets and actively participating in the construction of the carbon emission market Paying close attention to the changes in policies and The Chinese government will impose stricter regulations related to carbon trading environmental and safety regulations in the Policies and future, and mandate higher standards for refined Strictly complying with the relevant laws and regulations, regulations oil products. Compliance with the new regulations and actively participating in standard setting and standards will increase our Company’s Improving the management of low-carbon development compliance cost and the risk control of safety and environmental protection at our Company Natural disasters such as typhoons (hurricanes), storm surges and floods caused by climate change may directly prejudice our Company’s assets Physical factors and business operation, and disruptions to the supply chain may affect our Company indirectly. In particular, natural disasters may damage corporate assets in coastal areas, and exacerbate water shortages in water-scarce areas Closely monitoring and regularly updating climate data, and issuing timely warnings Improving emergency disaster drills to reduce the impact of natural disasters on our Company’s production and operation Strengthening our supply chain management to establish a supply chain with better resilience Transferring asset risks by insurance, expanding scope of insurance and transferring natural risks at a reasonable insurance cost __

CLIMATE CHANGE AND ENERGY TRANSITION PetroChina’s Transition Path to Green and Low-Carbon Energy Clean energy Strategic Green substitution succession transition 2021-2025 2026-2035 2036-2050 Strive to supply an amount of green and zero-carbon energy that exceeds the Strive to achieve “near-zero” emissions self-consumption of fossil fuel by 2035 by around 2050 Boost the proportion of new energy output to 7% of our Company’s primary Strive to achieve equal portfolio of Strive to ensure that the proportion of energy production mix by 2025 new energies, oil, and natural gas, and the output from new energies and new Objectives substantially realize the strategic succession industries reaches half of our output as of thermal power, electricity and hydrogen a whole power to the oil and gas business Enhance the development and utilization of geothermal, solar, wind, and hydrogen powers and other new energy sources, and promote the use of clean energy alternatives in production, to facilitate the synergistic development of new energy sources and the oil and gas industry chain Actively promote the integration and Promote the synergistic development of development of natural gas-fired power new energies and new businesses and Continue to increase the scale of new generation and new energy power the oil and gas business, and put in place energy development and utilization and generation, to provide clean energy a preliminary strategic succession plan to the strategic succession of oil and gas products for the society replace oil and gas resources with clean resources, and complete the five major electricity, establish a hydrogen industry energy platforms of “oil, gas, thermal, Actively conduct technological research electricity and hydrogen” and pilot demonstrations on the hydrogen chain, promote the cleaner use of fossil Measures supply chain, the clean conversion and fuels and develop other new businesses Direct our business operation towards utilization of fossil energy and other energy Promote the mass implementation full-scale electrification, implement our transition technologies, strive to apply CCUS of CCUS and carbon sequestration strategic succession plan through the measures to actively explore possibilities to projects to continuously reduce carbon construction of the CCS/CCUS industry, develop and utilize fossil energy in a clean emissions and develop a circular carbon economy manner and at a lower cost Build synergies and enhance efficiency by vigorously promoting energy-saving, carbon reduction, and pollution reduction measures, gradually replacing the self- consumption of fossil energy with clean energy, and enhancing the levels of clean production and pollution control Action Deployment (“Three Major Initiatives”, “Ten Major Projects”) The Green Enterprise Construction Leaders Initiative The Energy Saving and Carbon Reduction Project The Methane Reduction Project The Ecology Construction Project The Green Culture Project The Clean and Low-carbon Energy Contributor Initiative The “Natural Gas+” Clean Energy Development Project The “Hydrogen+” Zero Carbon Fuel Upgrading Project The Comprehensive Energy Supply System Reconstruction Project The Circular Carbon Economy Pioneer Initiative The In-Depth Electrification Project The CCUS Industry Chain Construction Project The Zero Carbon Production and Operation and Reengineering Project __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT The Green and Low-carbon Development Action Plan 3.0 In 2022, our Company issued the Green and Low-carbon Development Action Plan 3.0, where we proposed the concept of developing a “circular carbon economy”. We intended to create three innovative projects, namely, the “Natural Gas+” Clean Energy Development Project, the “Hydrogen+” Zero Carbon Fuel Upgrading Project, and the CCUS Carbon Negative Industry Chain Construction Project. We also deployed and implemented three major initiatives, namely, the Green Enterprise Construction Leaders Initiative, the Clean and Low-Carbon Energy Contributor Initiative, and the Circular Carbon Economy Pioneer Initiative, as well as a total of ten major projects under such initiatives. PetroChina’s Development Path Towards a Circular Carbon Economy At its core, the circular carbon economy consists of four principles, i.e. carbon reduction, carbon reuse, carbon recycling and carbon removal (collectively, the 4Rs), as proposed in the G20 Summit in 2020. By continuing to optimize our energy and carbon flows, PetroChina focuses on implementing reformed measures to reduce carbon emissions and reutilize carbon as a resource. We are actively exploring new energy sources, new materials, and new industries with the aim to establish a CCUS industry chain, to accelerate our transition towards clean energy supply and a scalable carbon industry, and progress on our path towards a green and low-carbon future. __

CLIMATE CHANGE AND ENERGY TRANSITION Climate Risk Management Our Company incorporates risks related to climate change into its list of comprehensive risk management and control measures. Every year, we identify, analyze and assess climate risks, formulate risk management and control strategies and procedures, track and report risk events on a regular basis, and adjust risk prevention and control strategies in a timely manner. We strictly monitor the implementation of climate risk management and include GHG emissions as part of the framework of the annual performance evaluation for relevant departments of our Company and responsible persons from each branch/subsidiary. Their performance obligations are accounted for, HYDOXDWHG__DQG_IXO΋OOHG_HDFK_¥HDU_ __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT CURBING CARBON EMISSIONS Paying close attention to our carbon emissions and carbon footprint arising from our production and operation, we continued to enhance our carbon emission management system by implementing the Guiding Opinions on Strengthening Greenhouse Gas Emission Management and Control, Measures for Management of Carbon Trading, the Management the Measures for the Statistical Assessment of Greenhouse Gas Emissions, and the Management Measures for the Voluntary Greenhouse Gas 5HGXFWLRQ_3URMHFW__DQG_E¥_HVWDEOLVKLQJ_WKH_ȉ___ÈŠ_FDUERQ_HPLVVLRQ_PHFKDQLVP_RI_RXU_&RPSDQ¥__:H_DOVR_FRQWLQXHG_WR_LPSURYH_ our GHG accounting and inspection system, adopted an assessment model to review our carbon emission controls annually, strengthened our carbon asset management, actively participated in carbon market transactions, carried out research and development activities related to CCUS technologies and the implementation of demonstration projects, promoted its application in business settings, actively planning forestry carbon sequestration, and collaborated with other industries to UHGXFH_FDUERQ_HPLVVLRQV__LQ_DQ_HΊRUW_WR_FRQWULEXWLQJ_WR_WKH_΋JKW_DJDLQVW_FOLPDWH_FKDQJH_ To reduce carbon emission at source, vigorously develop the natural gas business, give full play to the key Carbon supporting role of natural gas in the transition to the green energies, and continuously increase the scale of the reduction development and comprehensive utilization of wind power, solar energy, geothermal energy and other non-fossil fuel energies Carbon To continuously improve the utilization rate of carbon, and strengthen the development ideology of CO 2 chemical utilization utilization and industrialization development To effectively substitute for traditional fossil energy, vigorously promote geothermal and solar energy to replace Carbon traditional heat for oil and gas production, promote the substitution of coal-fired electricity with clean electricity, substitution accelerate the production and scaleable application of hydrogen energy, expand the scale of utilization of Neutrality Carbon Towards Moving “renewable electricity”, and continuously improve our electrification rate To actively explore and improve technologies and efficient ways to capture and sequestrate carbon, implement Carbon carbon dioxide flooding and carbon dioxide sequestration on a large scale, continuously expand the “zero carbon” storage and “negative carbon” industries, and enhance the carbon sequestration capacity and scale of the ecosystem CASE STUDY Striving to Construct a “Zero-Carbon” Desert Highway The responsibility of greening and irrigating the shelter belt along both sides of the Taklamakan Desert Highway lies with PetroChina’s Tarim Oil Field. The long belt of vegetation stretches 436 kilometers; and is equipped with a well station approximately every 5 kilometers to water the entire green belt through drip-irrigation. The well stations and pumps were powered by diesel fuel previously. ,Q_-XQH__________SKRWRYROWDLF_JHQHUDWRUV_ZHUH_QHZO¥_LQVWDOOHG_LQ_WKH_7DNODPDNDQ_ Desert hinterlands. With more than 10,000 solar panels, these generators convert solar power into an endless supply of electricity used for irrigation, providing a greener source of water supply to the 436 kilometers of shelter belt. Therefore, with the way that the shelter belt is irrigated and maintained, we are achieving carbon neutrality. Based on our calculations, the shelter belt can absorb approximately 20,000 tons of carbon dioxide annually. The negative carbon emissions can offset the carbon emissions previously arising from our vehicles, thus providing a new solution for China to manage its deserts and maintain its desert highways and forging a new path of “zero-carbon” desert highway construction. __

Carbon Emission Management Our Company implements a dual-control system for managing our total carbon emissions and intensity. The amount and intensity of carbon emissions associated with each branch/subsidiary are individually recorded. In addition, the energy- VDYLQJXEVLGLDU¥_DUH_UHÎŒHFWHG_ on their performance contracts. In accordance with the national GHG inspection and accounting standards, we set up a GHG inspection and accounting mechanism and founded the GHG Inspection and Accounting Center; we account for GHG emission data on a quarterly basis and conduct GHG inspections regularly. We also actively implement methane control measures to reduce methane emissions. In 2022, our domestic GHG emissions per unit of oil and gas production and our methane emission intensity recorded a year-on-year decrease of 4% and 11%, respectively. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Carbon Asset Management Pursuant to the Interim Measures for the Administration of Voluntary Greenhouse Gas Emission Reduction Transactions, YROXQWDU¥_HPLVVLRQ_UHGXFWLRQ_WUDQVDFWLRQ_QW_GHSDUWPHQW_RI_WKH_VWDWH__ ΋ under the register of voluntary emission reduction transactions of the state. The registered emission reduction activities are FDOOHG_ȉ&KLQD_&HUWL΋HG_(PLVVLRQ_5HGXFWLRQ_V_ÈŠ__&&(5_V___ The Daqing Oil Field North I-2 Natural Gas Treatment Plant Project meets the requirements under the CCER scheme. The methodology adopted for this project is coded CM-029-V01, namely, the recovery and utilization of gas from oil wells that ZRXOG_RWKHUZLVH_EH_ÎŒDUHG_RU_YHQLWK_WKH_1DWLRQDO_‘HYHORSPHQW_DQG_ Reform Commission (“NDRC”) on 12 May 2016 and has entered the production phase. At present, we have completed 6 project inspections, observing a total carbon reduction volume of approximately 2.16 million tons. __

1.10+ NJMMJPO_UPOT Annual CO2 injection of CCUS projects Our Company conducts extensive research on key technologies related to every component of the CCUS industry chain, and has effectively enhanced carbon capture and utilization technologies: Energy consumption for carbon capturing and regeneration reduced by 20% &DUERQ_GLR[LGH_ЛRRGLQJ_YROXPH_ increased by 20% Accuracy of calculating thermodynamic parameters reached 90% Carbon Capture, Utilization and Storage (CCUS) Our Company actively explores technologies and efficient ways to capture and sequestrate carbon, and continues to step up our efforts to research and promote key technologies related to every component of the CCUS industry chain. As such, we efficiently enhanced our carbon capture and utilization technologies, facilitated the implementation of demonstration projects related to CCUS technologies and its application in business settings, and achieved great results. In 2022, our Company LPSOHPHQWHG_VHYHUDO_&&86_SURMHFWV_LQ_-LOLQ__‘DTLQJ__DQG_RWKHU_RLO_΋HOGV__7KH_JDV_LQMHFWLRQ_ capacity of these oil fields significantly increased, with over 1.10 million tons of CO2 injection per year. Our Company took the initiative to develop a CCS/CCUS industry chain by conducting extensive research and development on whole-industry-chain technologies and taking the lead in the construction of CCUS demonstration projects and the strategic planning of a CCUS regional industrial center. Having set up the CCUS industry chain, we will be able to accelerate the provision of cleaner energy and the establishment of a scalable carbon industry, facilitate the transition of the industry towards a green and low-carbon future, and help achieve the carbon emission peak and carbon neutrality goals. Conducting research on advanced CCUS technologies We developed technologies and equipment related to the effective capture, transportation, injection, and storage of carbon dioxide. We deployed new and advanced carbon capture technologies such as the use of organic amine absorbents and solid absorbents, developed technologies for long-range and large-capacity carbon transportation and storage, data simulation, integrated air monitoring, and succeeded in capturing, utilizing and storing low concentrations of carbon dioxide. Moreover, we participated in the global research projects on direct air carbon capture and storage (DACCS), bioenergy with carbon capture and storage (BECCS), and ocean carbon sequestration. We also established and perfected a standardized system for CCUS processes. Making plans to create a CCUS regional industrial center With the aim to promote a cleaner use of fossil fuel energies and upgrade the industry chain to reach net-zero emissions, we carried out strategic planning to construct CCUS regional industrial centers in priority locations such as Songliao, Junggar, Ordos, Tarim, Hainan. We also participated in the construction planning of OGCI’s global CCUS regional industrial center and explored the regional CCUS commercialization model. Applying CCUS technologies to improve recovery rate and build a “near-zero” emission demonstration zone for the petroleum and petrochemical industry Leveraging the strengths of the integrated oil field and refinery businesses, we integrated the resources of different oil and gas fields and refining companies, such as those in Xinjiang, Changqing, Daqing, Jilin, and the Bohai Economic Rim, and applied carbon capture, utilisation and storage and enhanced oil recovery (CCUS-EOR) technologies to utilize the carbon produced and captured by refining companies on oil and gas extraction. We also increased oil recovery rates through carbon dioxide flooding and built a “near-zero” emission demonstration zone for the petroleum and petrochemical industry. In 2022, our CCUS project at Jilin Oil Field had a carbon injection capacity of 800,000 tons, and an annual oil production capacity of 200,000 tons. At present, an accumulative total of 2.77 million tons of carbon dioxide has been injected into the oil field under the project, making it the largest carbon injection in China. The recovery rate of crude oil was increased by more than 25%, which is the equivalent to the discovery of a new oil field of the same scale. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT In 2022, two of our branches/ subsidiaries were recognized as National Award in Excellence in Greening Initiative, and two individuals were recognized as Award of Excellence in Greening to Workers. Number of trees planted during the year Forestry Carbon Sequestration Our Company actively lays out plans to build carbon sequestration forests and carbon neutral forests, with the aim to achieve carbon neutrality through carbon compensation. We prepared and issued the 14th Five-Year Plan for Green Development, the PetroChina’s Carbon Neutrality Guidebook, and the PetroChina’s Guidebook for Carbon Sequestration Forest Construction. These strategies, together with the construction of a “zero-carbon” demonstration zone, help us build carbon sequestration forests and carbon neutral forests. We actively participated in the “Tree Planting to Achieve Carbon Neutrality” campaign and helped reduce carbon emissions through tree planting. In 2022, 10,635 mu of carbon sequestration forests and carbon neutral forests were planted by our Company. Tree Planting to Achieve Carbon Neutrality On the 44th Arbor Day (10 March 2022), the “Tree Planting to Achieve Carbon Neutrality” campaign, initiated by CNPC and jointly hosted with the China Greening Foundation, was RÎFLDOO¥_ODXQFKHG_ The campaign took place on the “Tree Planting Volunteers” website, the fundraising platform of the China Greening Foundation, to raise funds from PetroChina’s employees and the public for voluntary tree-planting and the construction of carbon sequestration forests and carbon neutral forests. The campaign’s goal is to raise RMB 100 million over a 5-year period to plant 15,000 mu of forest land. Our employees actively participated in the campaign. As of the end of 2022, more than RMB 17.8898 million was donated by our employees, retired employees, warm-hearted public and social organization, accounting for 47% of the total online donations received by the China Greening )RXQGDWLRQ_GXULQJ_WKH_¥HDU__7KH_SODQWLQJ_RI_WKH_΋UVW_ 3,550 mu of forest land has commenced. Total number of tree-planting volunteers during the year __

CLIMATE CHANGE AND ENERGY TRANSITION Strengthening Cooperation on Emission Reduction Our Company actively advocates for and implements a sustainable development model characterized by low energy consumption, low pollution, and low emissions. Together with CNPC, our parent company, we participate extensively in international collaborations in combating climate change, especially strengthening the collaborations with OGCI and sharing technologies and experiences with other member companies, to FRQWULEXWH_RXU_HΊRUWV_WR_DGGUHVVLQJ_FOLPDWH_FKDQJH_LVVXHV_DQG_KHOSLQJ_WKH_RLO_DQG_JDV_ industry transition to a low-carbon future. We promoted and participated extensively in the work of China Oil and Gas Methane Alliance. We standardized the Alliance’s workflow, organized and convened annual technological exchange meetings, invited experts to deliver special reports on methane management and control technologies, prepared annual reports for the Alliance, and fostered collaborations between Alliance member enterprises to control methane HPLVVLRQV__$V_D_UHVXOW__WKH_LQÎŒXHQFH_RI_WKH_$OOLDQFH_FRQWLQXHV_WR_LQFUHDVH_ Annual OGCI Collaboration Progress March 2022, Mr. Dai Houliang (Chairman of the Board of our Company) and the CEOs/chairmen of the remaining OGCI member companies entered into the OGCI Zero Methane Emissions Initiative, demonstrating their commitment towards achieving zero methane emissions. The initiative is currently endorsed by 17 signatories and 39 supporters, including enterprises, institutes, and government departments. In a joint effort between CNPC and OGCI, an investment fund named OGCI Kunlun Equity Investment Fund was officially launched in Hainan Province in April 2022. It will invest in technologies and business solutions that may have a significant impact on global GHG emissions in China to help combat climate change. Details about PetroChina’s participation in the OGCI and other experiences in fulfilling our social responsibility obligations are presented under the section headed “Case stories” on CNPC’s official English website. For more information, please visit CNPC’s English website: http://www. cnpc.com.cn/en/.

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT LOW-CARBON TRANSITION :¥_DV_RQH_RI_WKHYH_NH¥_VWUDWHJLHV_RI_RXU_&RPSDQ¥_DQG_HTXDOO¥_SULRULWL]H_ _΋ our new energies and new businesses and our oil and gas businesses with an aim to help our Company transition to a low-carbon energy model. Our Company prepared a development plan for our new energies and new businesses, which sets clear the path of transitioning to a green and low-carbon economy based on carbon emission peak and carbon neutrality principles and hard constraints. The plan also sets out measures to steady oil supply and increase gas capacity, accelerate the building of QHZ_HQHUJLΊHUHQW_UHQHZDEOH_HQHUJ¥_V¥VWHPV__RLO__JDV__WKHUPDO_ power, electricity, and hydrogen power), substitute clean energy for fossil fuels, and strive to create a green and low-carbon future for PetroChina. PetroChina’s share in domestic natural gas output Natural Gas Development and Utilization Natural gas is our Company’s strategic, growing, and value-added business, which plays a key supporting role in the process of energy transition, and is also a bridge for the transition from fossil energy to clean energy. The vigorous development and utilization of natural gas are a foundation project that runs through the process of green and low-carbon transition and development of our Company. Our Company stands firm on setting natural gas as the strategic focus of our green development, continues to step XS_RXU_HΊRUWV_WR_H[SORUH_DQG_GHYHORS_QDWXUDO_JDV__DQG_SURPRWHV_WKH_H[SORUDWLRQ_DQG_ development of conventional gas and unconventional gases such as tight gas, shale gas and coalbed methane. In addition, our Company imports natural gas through multiple channels and speeds up our construction of liquid natural gas (“LNG”) terminals and gas storage tanks to create a diverse energy supply system. In 2022, we produced 145.5 billion cubic meters of domestic natural gas, representing a year-on-year increase of 5.6%, of which the domestic saleable natural gas volume was 126.61 billion cubic meters, representing a year-on-year increase of 5.9%. We increased imports of pipeline gas and LNG and continuously improved the natural gas marketing network, so that the gas supply covers 31 provinces (municipalities and autonomous regions) and the Hong Kong Special Administrative Region. We sold 207.096 billion cubic meters of natural gas domestically during the year, which contributed to the optimization of China’s energy mix and the construction of a Beautiful China. Green Power and Improving Energy Mix Natural gas consumption in China ŗ(100 million cubic meters) PetroChina’s domestic natural gas sales volume (100 million cubic meters) /PUF__Ŗŗ_BSF_FTUJNBUFE_EBUB_JO______ 4PVSDF__&OFSHZ_4UBUJTUJDT_CZ_$/1$_&DPOPNJDT_BOE_5FDIOPMPHZ_3FTFBSDI_*OTUJUVUF __

CLIMATE CHANGE AND ENERGY TRANSITION RMB New Energies and New Businesses Year-on-year increase in investment in new energies and new businesses We take the development of new energies as a new driver for the transition towards a green and low-carbon future. We have set up a New Energies and New Materials Business Development Working Group, led by Mr. Dai Houliang, Chairman of the Board. We have also strengthened the strategic planning for the development of new energies and new businesses and the construction of a business management system, and accelerated the expansion of new energy businesses such as geothermal energy, wind and solar power, hydrogen energy, and battery charging (swapping) stations. While we were accelerating the building and operating of the New Materials Research Institute in Shanghai and the New Energies Research Institute in Shenzhen, we also set up the :LVGRP_3RRO_5HVHDUFK_,QVWLWXWH_LQ_-DSDQ_LQ______WR_IXUWKHU_SURYLGH_WHFKQLFDO_VXSSRUW_ for the development of new energies, new materials, and new businesses. In 2022, PetroChina’s new energy development and utilization capacity reached the equivalent of 8 million tons of standard coal per year. Development Progress of New Energies and New Businesses in 2022 Conducted preliminary studies on 4 hydrogen purification projects, of which, the Sichuan Petrochemical Project has been completed and put into operation Lit the first environmentally friendly, hydrogen-powered torch at the Winter Olympic Games, continuing to supply clean hydrogen energy for the Beijing Winter Olympics and the Paralympic Games, with the accumulative amount totaling 161 tons We constructed more hydrogen refueling stations. In 2022, 23 new hydrogen refueling stations (comprehensive service stations) were put into operation, we currently have 35 hydrogen refueling stations (comprehensive service stations) in total __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT ,Q_-XO¥_______3HWUR&KLQDȆV_ILUVW_IORDWLQJ_SKRWRYROWDLF_ project, the Daqing Oil Field Xinghuo Floating Photovoltaic Demonstration Project, was connected to the grid and put into operation. Covering a site of 400,000 square meters and having an installed capacity of 18.7 MW, the power plant can generate 27.5 million kWh of electricity per year. When compared to coal-fired power stations, this new energy project, which was designed and developed by PetroChina itself, can reduce carbon emissions by 22,000 tons. As of the end of 2022, a total of 13.01 million kWh of electricity has been generated from this project. Yumen Oil Field Embarked on the Path of Transition to a Green and Low-Carbon Future $W_RI_UHQHZDEOH_HQHUJ¥__<XPHQ_2LO_)LHOG_LV_ now embarking on the exploration of development of clean energy solutions and transition into a green future. In 2022, the development of Yumen Oil Field’s new energy business achieved a series of impressive results: On June 28, the first medium and long-distance hydrogen transmission pipeline in Gansu Province was completed and fully connected to the grid. The hydrogen transmission pipeline was linked to the hydrogen refueling station at Yumen Refinery, which was equipped with a hydrogen compression system, loading system, and hydrogen storage facilities, and together formed a preliminary hydrogen supply chain in Gansu-Ningxia-Xinjiang. On September 8, the Yumen Oil Field 300 MW Photovoltaic Power Generation Project, the largest photovoltaic project constructed by PetroChina so far, was officially launched. As at the end of 2022, all ground works have been completed and the project has entered the final debugging stage. On December 9, a 40 MW/80MWh electrochemical energy storage system was installed at the Yumen Oil Field 200 MW Photovoltaic Power Plant and put into operation, which is the first of its kind in the construction of new energy storage projects at Yumen Oil Field. On December 13, the Yumen Oil Field Jiudong 5MW Distributed Photovoltaic Power Generation Project officially commenced construction. __

With the global upgrade and transition to clean energy sources, new energy vehicles have become one of the most remarkable growth engine in the automotive market. To meet consumer demands, our Company has collaborated extensively with other industries to lay out strategies to develop battery charging (swapping) business._ a new platform for leasing power batteries, and facilitated research and development on, among others, battery swapping technologies, battery operation and management, and big data services. It aims to create a model where the battery is completely separated from the car and build a standardized platform to bring a safer, more reliable, more convenient, and faster travel experience for owners of new energy vehicles. At present, 416 battery charging (swapping) stations were built and put into operation by PetroChina across 31 provinces (autonomous regions and municipalities) in China. In the future, our Company will further increase its investment in the battery charging (swapping) business. Our Company plans to build more than 1,000 charging (swapping) stations by 2025 and establish an upgraded comprehensive energy services network that provides chargeable and swappable batteries. Green Products We optimize the energy consumption structure by upgrading energy products. Our Company’s refineries fully supply China VI standard gasoline and diesel to meet the market demand for high-quality oil products. We have increased the production and use of clean energy and upgraded oil products in Beijing following the Beijing VIB standard, which adheres to higher environmental requirements. The manufacturing level of downstream green chemical products and the level of whole life-cycle green managementrgy Substitution in the Oil and Gas Production Process 565,800kW Newly added capacity of wind and photovoltaic generators 1,154.7% Year-on-year increase of installed capacity of wind and photovoltaic generators 113,700kW Newly added capacity of waste heat generators 38.5% Year-on-year increase of installed capacity of waste heat generators Clean Energy Substitution Our Company has vigorously introduced measures to save energy and reduce carbon emissions, substituting clean energy for non-renewable energy sources in our production process. This allowed us to minimize fossil fuel consumption and carbon emissions at the source and achieve our carbon reduction goals. In 2022, an action plan was implemented to adopt clean and low-carbon practices at all upstream stages of our oil and gas production process. As a result, our new oil and gas projects saw an increase in clean energy consumption, while existing oil and gas projects are on the path to a fully low-carbon future through a three-step approach, namely, “energy saving and reduction, clean energy substitution, and the adoption of negative carbon measures”. Establishment of Green Enterprises To encourage enterprises to adopt green and low-carbon energy sources, our Company established a system for creating, evaluating, and recognizing enterprises that have gone green. In 2022, our Company continued to improve and standardize this system, and fully extended its implementation to our principal activities of oil and gas production, oil UH΋QLQJ__SHWURFKHPLFDO_RSHUDWLRQ__DQG_VDOHV_RI_RLO_SURGXFWV_____HQWHUSULVHV_ZHUH_QHZO¥_ recognized as green enterprises and we currently have 23 green enterprises in total. __

The natural environment is fundamental to human survival and development. Only through respecting, accommodating, protecting, and co-existing harmoniously with nature, can we achieve sustainable development. We optimize our ecological and environmental protection management mechanism. We remain committed to the sustainable use of natural resources, conduct extensive pollution treatment and prevention, protect biological diversity and natural habitats, and actively build a green enterprise as we strive to achieve harmonious coexistence between energy and the environment.


PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT ENVIRONMENTAL RISK MANAGEMENT Our Company actively responds to the United Nations’ 2030 Agenda for Sustainable Development, and widely recognized international environmental protection conventions. We strictly comply with relevant laws and regulations such as the Environmental Protection Law of the People’s Republic of China (“Environmental Protection Law”) and comply with national and industrial environmental protection standards. Learning from industry-leading environmental practices and experiences, we have formulated and implemented our company’s Environmental Protection Management Regulations and optimized our environmental risk management mechanism. We incorporate environmental protection into the performance assessment of our Company’s management and the senior management of our branches (subsidiaries). We have established a system of accountability for environmental protection and lifetime accountability for ecological protection. We also have established an environmental protection incentive mechanism to recognize units and individuals who achieve outstanding results in environmental protection. HSE Management System Accreditation 116 1XPEHU_RI_VXEVLGLDULHV_FHUWL΋HG_ by HSE Management System (Q/ SY08002.1) 105 1XPEHU_RI_VXEVLGLDULHV_FHUWL΋HG_ by Environmental Management System (ISO14001) 107 1XPEHU_RI_VXEVLGLDULHV_FHUWL΋HG_ by Occupational Health and Safety Management System (ISO45001) In 2022, neither the Company nor any of our branches (subsidiaries) were on the list of heavily polluting enterprises released by the Ministry of Ecology and Environment. Improvement of HSE Management Our Company pursues the goal of “zero accident, zero pollution, zero harm” and always regards HSE as prerequisites for business development. We implement a uniform HSE management system across our global operations and have established a globally integrated HSE working platform and risk control platform. We adhere to our green development concept of “integration and coordination between development activities and environmental protection, giving priority to environmental protection”, and continuously strengthen supervision and safety training in order to enhance our HSE management performance. Our Company attaches great importance to the establishment of a HSE management system. We lead China’s petroleum industry in publishing and implementing an HSE management system standard specific to China’s petroleum industry (Q/SY08002.1), which fully covers all the requirements of the Environmental Management System (ISO14001) and Occupational Health and Safety Management System (ISO45001) in all technical aspects. All subsidiaries of our company have implemented the HSE management system based on Q/SY08002.1. Based on the principle of “integration, specialization, differentiation”, our Company conducts annual audits under the QHSE management system on subsidiaries. In 2022, our Company fully completed comprehensive audits through methods such as “online supervision plus offline verification”, “enterprise cross-audit” and “internal audit and JXLGDQFH_SOXV_VSHFLDO_DXGLWÈŠ__:H_PDGH_HΊHFWLYH_XVH_RI_WKH_DXGLW_UHVXOWV_WR_VWUHQJWKHQ_ FORVHG_ORRS_UHFWL΋FDWLRQ_RI_LVVXHV_DQG_SURPRWH_FRQWLQXRXV__VWHDG¥_LPSURYHPHQW_RI_RXU_ Company’s safety and environmental protection performance. Environmental Risk Prevention Our Company incorporates environmental risks into our internal control and risk management system. We conduct in-depth ecological and environmental risk identification, review and assessment and continue to improve our “three-grade __

ENVIRONMENTAL PROTECTION prevention and control” system while strengthening ecological and environment risk control measures. We have formulated and revised the Special Emergency Response Plan for Environmental Emergencies, specifying respective responsibilities across all departments and levels of headquarters, and improved the operability of the plan. All our enterprises regularly carry out emergency response drills for handling environmental emergencies. We classify and manage potential hazards and formulate respective UHFWL΋FDWLRQ_PHDVXUHV_LQ_DFFRUGDQFH_ZLWK_RXU_6WDQGDUGV_IRU_5HYLHZLQJ_DQG_$GGUHVVLQJ_ Potential Ecological and Environmental Hazards, thereby continuously optimizing our system for reviewing and addressing potential ecological and environmental hazards. Escalation Policy on 01 02 Strict implementation of accidents and incidents Layered accountability policy management and graded prevention Sharing of lessons and control Escalation policy on from incident accountability on liable persons 04 03 Level 3 prevention and control system To prevent possible potential risks of major environmental pollution risks by setting up terminal buffer facilities and their supporting facilities. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT &OWJSPONFOUBM Monitoring of discharge at 3JTL_.BOBHFNFOU_ Protection of the ecological major pollution sources PG_‘PDVT_“SFBT environments in key watersheds JO_____ Publication and implementation of the Protection of the ecological 2022 Online Monitoring Equipment environment of key watersheds of the Installation and IoT Plan for Discharge Yangtze River and the Yellow River, at Major Pollution Sources, full commencement of a three-year action implementation of IoT monitoring plan in connection with the Work of national major pollution sources, Plan for Strengthening the Protection strict monitoring of up-to-standard of the Ecological Environment in the discharge of enterprise pollutants, Yellow River Basin, publication of the implementation of dynamic analysis Notice on Further Implementing the and early warning of over-limit and Plan for Protection of the Ecological abnormal discharge Environment in the Yellow River Basin Commencement of on-site inspection of and the Yangtze River Economic automatic enterprise pollution source- Belt, enhanced implementation of monitoring facilities major projects, strict prevention of environmental risks at key watersheds __

UTILIZATIONSUSTAINABLE NATURAL OF RESOURCES Water Saving 8.71million cubic meters Amount of water saved Exceeding our objective for 2022 (6.80 million cubic meters) million 746.88cubic meters Fresh water consumption 0.42 % Year-on-year decrease in fresh water consumption 0.481cubic meters Water withdrawn for processing 1 ton of crude oil Exceeding our objective for 2022 (0.485 cubic meters) We greatly value the protection and rational use of resources. By formulating and implementing the Measures of PetroChina Company Limited for Energy and Water Conservation (“Company’s Measures for Energy and Water Conservation”), the Measures of PetroChina Company Limited for Land Management (“Company’s Measures for Land Management”) and other management systems, we have strengthened our protection of water resources, conserved fresh water resources, and rationally utilized land UHVRXUFHV__:H_KDYH_LPSURYHG_WKH_XWLOL]DWLRQ_HÎFLHQF¥_RI_HQHUJLHV_WR_PLQLPL]H_UHVRXUFH_ consumption and utilize our resources in a sustainable manner. Water Management Our Company strictly complies with applicable laws and regulations related to water resources protection and water pollution prevention and control, such as the Environmental Protection Law, the Water Law of the People’s Republic of China, and the Law of the People’s Republic of China on the Prevention and Control of Water Pollution (“Prevention and Control of Water Pollution”), and implements the National Water Conservation Action Plan. We attach equal importance to the prevention and control of water pollution and the recycling and reuse of water resources, and are committed to protecting the ecological environment of water sources. We strive to “increase the water UHVRXUFHV_XWLOL]DWLRQ_HÎFLHQF¥_DQG_UHDOL]H_WKH_VXVWDLQDEOH_XVH_RI_ZDWHU_UHVRXUFHVÈŠ_LQ_DOO_ aspects of our production and business operation. We have incorporated water-saving indicators into our performance evaluation framework and implemented two systems to enhance our water consumption management—a target responsibility system and an assessment and evaluation system that keep track of our energy and water conservation goals. We have reduced our freshwater consumption by applying advanced water-saving and wastewater-recycling technologies and by actively developing and utilizing unconventional water resources such as seawater, reclaimed water, and rainwater. In 2022, the total annual freshwater consumption of our Company was 746.88 million cubic meters, representing a decrease of 0.42% and 8.71 million cubic meters of water saved. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Whole-Industry-Chain Water Resources Management Oil, Gas and New Energy Effectively reducing fresh water consumption by increasing wastewater recycling rates and reducing evaporating and other measures Pushing for a wider adoption of water-saving technologies and the extensive use of advanced water-saving materials, technologies and equipment, as well as analyzing our rational use of water to improve water utilization efficiency Proactively developing and utilizing unconventional water resources such as seawater, reclaimed water and rainwater Maintaining and renovating our water systems to improve our water compliance Optimizing our operation plans, and upgrading our wastewater discharge and treatment system to reduce the discharge amount of produced water Separating oil from water and filtering recycled wastewater for oil recovery and water reinjection, to avoid polluting groundwater and surface water 5H΋QLQJ__&KHPLFDOV_DQG_1HZ_0DWHULDOV Applying clean production techniques, and optimizing our water consumption system to improve water efficiency Testing the leakage rate of our water pipe network, and improving our groundwater pipe network through rigorous leak detection and sophisticated leak-plugging solutions, to reduce groundwater leakage Adopting advanced recycled water treatment technologies, and increasing the concentration rate of recycled water, to reduce water replenishment Paying full attention to wastewater treatment and reuse, improving wastewater reuse technologies, reducing wastewater discharge, and increasing the reuse rate of industrial water. In 2022, the reuse rate of wastewater at our Company’s refining and chemical enterprises increased by 1.4 percentage points year-on-year Marketing Preventing leaks in the underground storage tanks at our gas stations by installing a 24/7 leak detection system to ensure soil health and groundwater safety Natural (BT_.BSLFUJOH Implementing water quota management, and annually issue the urban gas and auxiliary production system with total water consumption index and the LNG factory and LNG receiving terminal production water index to ensure that the total water consumption is controlled Implementing transformation of water supply pipeline of LNG plants to reduce leakage losses, and carry out transformation of purification and reuse of production and domestic wastewater to reduce discharge of wastewater Optimizing the cooling water flow of seawater pump to achieve annual water saving of 25,000 tons Rationally controlling the cooling water temperature of compressor in CNG master station to reduce evaporation of circulating water Reasonably arranging the inspection plan and operation procedures for liquefied gas tanks, recycle the replacement water and reducing the water consumption for replacement in tanks Our investment in upgrading energy and water saving technologies throughout the year. RMB 757million (QHUJ¥_(Ç«FLHQF¥_0DQDJHPHQW :H_DUH_FRPPLWWHG_WR_WKH_SULQFLSOHV_RI_ȉFRQVHUYDWLRQ_΋UVWÈŠ_DQG_WKDW_ȉHQHUJ¥_FRQVHUYDWLRQ_ means an increase in production and saving means an improvement in efficiency”. Our Company has taken major steps forward in conserving energy and reducing consumption to constantly increase our energy efficiency. We actively respond to the national Industrial Energy Efficiency Improvement Action Plan, signing the Letter of Commitment to Energy Saving and Carbon Reduction for Key Industries and Enterprises, __

(QHUJ¥_(ÎFLHQF¥_ Management million tons of 0.71standard coal Energy saved Exceeding our objective for 2022 (0.56 million tons of standard coal) million tons of 62.45standard coal Total energy consumption kilograms of standard coal/ton Comprehensive energy consumption of production per unit of oil and gas equivalent Exceeding our objective for 2022 (115 kilograms of standard coal/ton) ENVIRONMENTAL PROTECTION formulating the Company’s Measures for Energy and Water Conservation and other management systems, reviewing energy saving plans of investment projects involving ΋[HG_DVVHWV__DQG_LPSOHPHQWLQJ_D_GXDO_FRQWURO_V¥VWHP_LQ_WKH_DVVHVVPHQW_IUDPHZRUN_WR_ evaluate our total energy consumption and intensity in order to constantly improve our energy consumption management. We have also accelerated the restructuring of our HQHUJ¥_PL[_DQG_FRQWLQXHG_WR_LQFUHDVH_RXU_HQHUJ¥_HÎFLHQF¥_E¥_LPSOHPHQWLQJ_PHDVXUHV_ such as adopting energy management and control practices, reforming energy-saving technologies, optimizing our energy system, and striving to reduce energy consumption. In 2022, the Company formulated an action plan to save energy and reduce carbon emissions, shared our experience in energy-saving technologies with other companies, stepped up our efforts in managing and controlling energy sources, upgrading and UHIRUPLQJ_UH΋QHG_RLO_DQG_HWK¥OHQH_SURGXFWV_DQG_RWKHU_NH¥_DUHDV__DQG_VDYHG______PLOOLRQ_ tons of standard coal of energy during the year. 3URJUHVV_RI_(QHUJ¥_(ÎFLHQF¥_0DQDJHPHQW_:RUN_LQ_____ Action Plan Researched and prepared a Company action plan to save energy and reduce emissions, which clarifies the development ideas, main objectives, key projects and safety measures for 2025 and 2030 Control of Energy Sources Revised the Management Measures for Energy-saving Reviews of Investment Projects Involving Fixed Assets to ensure that the energy-saving reviews of our projects are compliant with the law, and that the energy efficiency of our projects can outperform most industry peers %HQFKPDUNLQJ_(QHUJ¥_(ÎFLHQF¥ Benchmarked our energy efficiency performance in key areas against standards prescribed by the NDRC for high energy-consuming industries, and increased the energy efficiency of refined oil and ethylene to meet standards ,QVSHFWLRQ_DQG_(YDOXDWLRQ_RI_(QHUJ¥_&RQVXPLQJ_(TXLSPHQW Tested and evaluated the energy performance of more than 17,000 sets of energy-consuming equipment such as oil pumping units, heating furnaces and pump units Reformation of Energy and Water-saving Technologies Invested RMB 757 million into the upgrading of energy and water-saving technologies throughout the year Exchanges and Promotion of Energy-saving Technologies Organized an energy-saving technology exchange meeting for our Company Jointly organized the “2022 Exchange Meeting on Energy-saving and Carbon Reduction Technologies for the Petrochemical Industry ” __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT &RQWLQXRXV_3DUWLFLSDWLRQ_LQ_WKH_(QHUJ¥_DQG_:DWHU_(ÎFLHQF¥_3DFHVHWWHU_$ZDUGV ,Q_______RXU_UH΋QLQJ_FRPSDQLHV_DFWLYHO¥_HQWHUHG_LQWR_WKH_QDWLRQZLGH_(QHUJ¥_DQG_:DWHU_(ÎFLHQF¥_3DFHVHWWHU_$ZDUGV_RUJDQL]HG_ by the China Petroleum and Chemical Industry Federation for the Chinese petroleum and chemical industry. Dushanzi 3HWURFKHPLFDO__D_VXEVLGLDU¥_RI_WKH_&RPSDQ¥__ZDV_UHFRJQL]HG_DV_D_3DFHVHWWHU_LQ_HQHUJ¥_DQG_ZDWHU_HÎFLHQF¥_LQ_WKH_HWK¥OHQH_ LQGXVWU¥__ZKLOH_8UXPTL_3HWURFKHPLFDO_ZDV_UHFRJQL]HG_DV_D_3DFHVHWWHU_LQ_HQHUJ¥_HÎFLHQF¥_LQ_WKH_V¥QWKHWLF_DPPRQLD_LQGXVWU¥_ Land Resource Management Our Company has fully implemented non-polluting and clean drilling technology in 100% of our oil and gas exploration and production SURFHGXUHV__DOORZLQJ_XV_WR_HϯHFWLYHO¥_ protect land resources. The Company attaches great importance to land resource protection, and endeavors to foster harmony and unity among the use of oil and gas resources, land resources, and environmental resources. Strictly abiding by the Law of the People’s Republic of China on the Prevention and Control of Soil Pollution, Soil Environment Quality Risk Control Standard for Soil Contamination of Development Land, and other national laws and regulations, as well as industry-specific pollutant discharge standards, we have formulated the Company’s Measures for Land Management for the purpose of implementing the most stringent arable land protection system and land conservation V¥VWHP_LQ_&KLQD__6XFK_PHDVXUHV_KDYH_EHHQ_SXW_LQWR_HΊHFW_DW_DOO_VWDJHV_RI_SURGXFWLRQ_DQG_ operation to ensure the sustainable use of land resources. We have strengthened our land management system, clarified the requirements for the sustainable use of land resources in terms of planning, development control, revitalization of existing land resources, structure optimization, land restoration, and land withdrawal. We strive to guarantee the healthy and sustainable development of land used in our operations from the prospective of policy and implementation, with an aim to consume less land and to optimize our land structure. Progress of Sustainable Use of Land Resources in 2022 __

DISCHARGEPOLLUTANT MANAGEMENT Online Monitoring of Key Sources of Pollutants The Company issued the “2022 Online Monitoring Equipment Installation and Networking Plan at Key Sources of Pollutants” to strictly monitor the pollutant discharge compliance of enterprises, and analyze and issue warnings for those with excessive and abnormal emissions. An onsite inspection of the automatic monitoring equipment of the enterprises’ pollutant sources was also carried out. As of the end of 2022, 717 pollutant sources were monitored by PetroChina’s network, and key sources of pollutants were monitored through comprehensive monitoring network. The scope of the automatic monitoring of pollutant sources covered major production equipment and pollutant sources of PetroChina. 50,100 tons Nitrogen oxides (NOX) emissions Sulfur dioxide (SO2) emissions 68,200 tons Volatile organic compounds (VOCs) HPLVVLRQV__IURP_UH΋QLQJ_RSHUDWLRQV_ 1RWH__)ODULQJ_HPLVVLRQV_LV_LQFOXGHG_LQ_WKH_ЛXH_ gas emission data ENVIRONMENTAL PROTECTION Our Company strictly abides by the Environmental Protection Law, The Law on the Prevention and Control of Water Pollution, the Law of the People’s Republic of China on the Prevention and Control of Atmospheric Pollution, the Law of the People’s Republic of China on Prevention and Control of Environmental Pollution by Solid Waste (“Prevention and Control of Environmental Pollution by Solid Waste”), the Law of the People’s Republic of China on Prevention and Control of Environmental Noise Pollution, the Regulation on the Administration of Permitting of Pollutant Discharges and other relevant laws and regulations. We have also implemented pollutant discharge standards such as the Integrated Wastewater Discharge Standard, the Air Pollutants Discharge Standard, the 3ROOXWDQW_‘LVFKDUJH_6WDQGDUGV_IRU_3HWUROHXP_5H΋QLQJ_,QGXVWU¥__WKH_3ROOXWDQW_‘LVFKDUJH_ Standards for Petrochemical Industry, the Air Pollutants Discharge Standard for Onshore Oil and Natural Gas Exploitation Industry, the Soil Environment Quality-Risk Control Standard for Soil Contamination of Development Land, etc., implemented in-depth measures to win the strategic fight of pollution prevention and control, issued PetroChina’s Measures for Pollutant Discharge Permitting Administration and other institutional documents, systematically carried out key tasks on pollution prevention and control, standardized the implementation of pollutant discharge management procedures for enterprises, improved the quality and performance of pollutant prevention and control and treatment, and continued its combat against pollution to keep our skies blue, waters clear, and lands clean. Key Measures Adopted to Manage Pollutant Discharge Through strict management and control, we have ensured that our pollutant discharge meets relevant standards, implemented relevant measures to prevent pollution at the production source and strengthened the management for the operation of existing pollution treatment devices Upgraded and renovated our pollution treatment facilities and ensured that wastewater, waste gas and other pollutants are discharged steadily and compliant with relevant standards Put in place stronger pollution warnings, and achieved real-time monitoring of wastewater and waste gas emissions through the online pollution monitoring system Incorporated our major pollutant discharge targets into the annual performance agreements of key management staff, and strictly assessed their performance Air Pollutant Control Our Company constantly strengthens the control of conventional air pollutants and characteristic air pollutants. We formulated the Ozone Pollution Prevention and Control Action Plan (2022-2025), deployed, and implemented key missions to prevent and control the emissions of volatile organic compounds (VOCs), nitrogen oxides (NOX) and other ozone precursors to further improve the air pollution control performance of the Company. We have also comprehensively conducted upgrading and remedial work on RLO_DQG_JDV_΋HOGV__UH΋QLQJ_RSHUDWLRQV__VDOHV_RI_RLO_VWRUDJH_WDQNV_DQG_RWKHU_NH¥_DUHDV_RI_DLU_ pollution such that new standards can be met. Moreover, we have continuously stepped XS_RXU_HΊRUWV_LQ_WKH_RQOLQH_PRQLWRULQJ_RI_DLU_SROOXWLRQ_VRXUFHV_DQG_VWDQGDUG_FRPSOLDQFH_ management and adopted emergency response measures for heavily polluted days in key locations and time periods to strictly control emissions and comply with standards. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Wastewater Discharge Management and Recycling Utilization We strengthened the standardized construction and management of wastewater outlets, adopted a graded approach for the management and control of wastewater discharge, implemented wastewater pretreatment and in-depth treatment measures, enhanced our wastewater disposal techniques, maintained stable and efficient operation of our 5,000 wastewater treatment facilities, and ensured that our pollutant emission was stable and compliant with requirements in general. We also carried out a comprehensive inspection tons of wastewater outlets, analyzed the emission reduction potential of enterprises that were the relevant larger wastewater polluters, increased wastewater recycling rates, optimized Amount of chemical oxygen demand the operation and daily management of wastewater treatment facilities, and ensured the (COD) emission attainment of wastewater prevention and control objectives. __

OF CONSERVATION BIODIVERSITY We have actively fulfilled our obligation of restoring land by restoring the ecological system of temporary land used in our production and operation. In 2022, the Company restored 9,213 hectares of temporary land ENVIRONMENTAL PROTECTION We actively respond to global initiatives and international conventions such as the 2030 Agenda for Sustainable Development and the Convention on Biological Diversity issued by the United Nations, and the Opinions on Further Strengthening Biodiversity Protection issued by the Chinese government, and have firmly established a concept of ecological civilization that respects nature, conforms to nature, and protects nature. We have integrated the concept of biodiversity conservation into the entire process of our business operations and actively participated in global biodiversity conservation. The Company protects wetlands, rainforests, oceans and other natural ecological environments and endangered wild animals and plants, with an aim to increase the diversity, stability, and sustainability of ecosystems, and help achieve the goal of “protecting, restoring and sustainably utilizing ecosystems and curbing biodiversity loss”. Our Commitments We shall strictly abide by the relevant laws and regulations of China and other countries where our operations are located, and not conduct business in environmentally sensitive areas and natural ecological protection zones prohibited by law Environment Management Whole-industry-chain Ecological Our Company is committed to reducing and eliminating the potential impacts caused by our production and operation to the ecological environment and biodiversity, insists on managing and controlling pollution at the source, and implements a whole-industry-chain and whole-life-cycle ecological environment management system. During the project design and planning stages We create a strict access list for projects in accordance with the laws and regulations, conduct environmental impact assessments, and propose targeted measures related to ecological environment protection to require facilities and access routes to bypass natural, vulnerable, and important wildlife habitats. During the project construction stage We carry out ecological restoration in areas where ground vegetation has been destroyed. During the restoration process, we prioritize the use of topsoil and species native to the area over invasive species to prevent ecological harm and to create plant communities that are compatible with its surrounding ecological environment, ultimately forming self-sustainable ecosystems. During the project operation stage We adopt a wide range of environmental technologies, implement a multi-level risk prevention and control system, and take various measures to limit our disturbance to natural ecology in order to minimize our impact on biodiversity. When a project is completed We carry out greening, ecological restoration and improvement work based on local ecological characteristics to gradually restore impacted areas; we also carry out biodiversity offsetting activities in receptor sites. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Whole-process Eco-environmental Management of Whole Industry Chain Biodiversity Protection We have incorporated biodiversity protection into our Company’s management system. Adhering to our principle of promoting the integrated protection and systematic management of mountains, rivers, forests, farmlands, lakes, grasslands, and deserts, we have adopted natural restoration measures or environmental-friendly restoration processes, carried out environmental protection activities in key watersheds such as the Yangtze River and Yellow River areas, created biosphere reserves and environmentally-friendly mines, and implemented a variety of biodiversity protection measures. Relying on nature-based solutions (NbS(s)), we have explored the development potential and direction of charitable tree planting, carbon sequestration forest building, ecosystem restoration and biodiversity conservation, as well as the establishment of biomass energy operations and ecological corridors. Aside from encouraging employees to actively participate in biodiversity conservation activities, we have also actively mobilized communities, the public, business partners and other stakeholders in our operation locations to collaborate with each other in contributing to biodiversity protection. __

Measures Major Actions Incorporating Formulated and issued the Ecological Protection Action Plan, the 14th Five-Year Plan for Green biodiversity into Development, the Ecological Ban and other regulations and management systems our Company’s Continuously improved our biodiversity protection system and incorporated biodiversity risk management system assessments into the whole-life-cycle management of our projects Implemented enhanced environmental protection measures for key watersheds such as the Yangtze River and Yellow River areas, carried out the three-year Action Plan for Enhancing Ecological Environment Protection in the Yellow River Watershed, and issued the Notice on the Requirements for the Further Implementation of the Action Plan for Ecological Environment Protection in the Yellow River Watershed and the Yangtze River Economic Belt Exploring nature-based solutions (NbS(s)), we strived to create 10 voluntarily- contributing biosphere reserves (represented mainly by the Guowu Lake at Daqing Oil Field) based on the same standards as the Other Effective Area-based Conservation Measures (OECMs). Pilot projects were carried out at five oil field companies in Daqing, Changqing, Huabei, Tarim, and Xinjiang. (For more information, please refer to the Case Study titled “A Nature-based Solution (NbS): The Active Creation of a Voluntarily-contributing Biosphere Reserve at Daqing Oil Field in the Guowu Lake Area”) Carried out environmentally- friendly mine construction activities, with a total of 72 oil and gas field Carrying out a variety enterprises or business units entering the 2022 List of Environmentally Friendly Mines in the past three of biodiversity years protection practices Protected, restored and promoted the sustainable use of land, took our greatest care to reduce arable land occupation, protected water and soil resources, restored vegetation, and strived to restore the ecological environment of areas where our operations are located Actively conducted environmental impact assessments on of our construction projects, conducted research on wild animals and plants species and the ecological environment, prioritized the adoption of avoidance measures to prevent causing damage on biodiversity at the source, which include: including making adjustments to our site and route selection or optimizing project plans to avoid ecologically sensitive areas, and coordinating construction works to avoid sensitive times, such as breeding, wintering, and migration seasons and to avoid disturbing other critical activities of vulnerable species Widely organized tree planting activities to create unevenly-aged and multi-layered close-to-nature forests; responding to the “Trillion Tree Campaign”, we participated in the “Plant a Million Trees in Ten Thousand Well Sites” activity Protected valuable and old trees and wildlife habitats Encouraged staff to participate in educational events such as “World Wildlife Day” and “World Environment Day” to enhance their awareness towards biodiversity conservation Organized an activity for collecting excellent cases of biodiversity conservation to promote and share Promoting the knowledge on biodiversity conservation concept of biodiversity protection Attending the side event on “Nature-based Solutions for Synergistic Governance of Climate and Biodiversity” at the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), where we introduced to the audience PetroChina’s innovative practices to promote synergistic governance of climate change response and biodiversity conservation __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT A Nature-based Solution (NbS): The Active Creation of a Voluntarily &RQWULEXWLQJ_%LRVSKHUH_5HVHUYH_DW_‘DTLQJ_2LO_)LHOG_LQ_WKH_*XRZX_/DNH_$UHD Since 2008, we have carried out ecological restoration and biodiversity monitoring and SURWHFWLRQ_ZRUN_DW_‘DTLQJ_RLO_΋HOG_LQ_WKH_*XRZX_/DNH_DUHD__$IWHU____¥HDUV_RI_UHVWRUDWLRQ__ its green area has now reached 560,000 square meters and the area of water bodies has reached 1.02 million square meters. The land is now home to 250,000 square meters of JUDVV_DQG_ÎŒRZHUV__________VTXDUH_PHWHUV_RI_DTXDWLF_SODQWV__PRUH_WKDQ___PLOOLRQ_WUHHV_ and shrubs, 99 species of wild plants, more than 60 species of wild animals, including National Class II Protected Animals such as Podiceps cristatus, fulica atra, and anas platyrhynchos. In 2022, our Company included Guowu Lake in the list of self-contributing biodiversity conservation sites, and following our innovative concept of “breeding trees at high levels, storing water at low levels, and allowing self-seeding grass and reeds to grow in transitional areas”, we have monitored the progress of our plant cultivation activities and the resulting plant diversity, and created a biologically-diverse and stable ecological system in the area.

An Oasis for Wild Animals and Plants in the Gobi Desert The Tarim Oil Field is located in the desert area in Western China. Making a synchronized and coordinated HΊR_ ecological environment in the desert hinterlands and turned a part of the Gobi Desert near our operation area into an oasis for wild animals and plants. In the Tazhong operation area, our Company and the Xinjiang Institute of Ecology and Geography (XIEG) of the Chinese Academy of Sciences have carried out in-depth cooperation to build a stable and diverse ecological chain. By constructing a “trinity” of green landscapes consisting of a botanical garden, a demonstration garden, and green spaces near residential apartments, and selecting desert plants from all over the country for cultivation and planting, our Company has built a botanical garden with more than 260 GHVHPHWHUV_LQ_RXU_RSHUDWLRQ_΋HOG_ and have been acknowledged as one of the “Top 400 Enterprises with Excellent Forestation and Greenery” by the National Greening Commission. The botanical garden in the desert in Tazhong has also become a paradise for wildlife, with over 100 types of birds having migrated to the area. Wild animals such as Bactrian camels, hares, and gerbils are also regular visitors to the oasis. 2XU_&RPSDQ¥_KDRQ_DUHD_RI_WKH_.HOD___JDV_΋HOG__ and has now built a 156-mu green belt. With an improved ecological network, the area is now inhabited FUHDVLQJO¥_DZDUH_RI_WKH_ need for biodiversity conservation and have taken the initiative to rescue wildlife. In April 2021, a common kestrel (a Class II Protected Species in China) with a broken wing was rescued by our Company’s employees. At the same time, our Company also set up signs around the habitat of Mongolian gazelles and near water sources to promote wildlife conservation to nearby nomadic groups. Security guards were also assigned to patrol the area.

Employees are our most valuable assets. Promoting the all- round development of employees is one of our primary objectives. We protect employees’ human rights, place great emphasis on their physical, mental health and safety, and provide a platform for their career development. We continue to promote localization of employees, endeavor WR_FUHDWH_DQ_LQFOXVLYH__HTXDO__PXWXDOO¥_WUXVWLQJ__DQG_ collaborative working environment, and align employee values with our own.


PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT HUMAN EMPLOYEE RIGHTS In 2022, our Company recorded zero cases of employment violations WKDW_KDG_D_VLJQLÐ~FDQW_LPSDFW_RQ_RXU_ business. Percentage of employees who took maternity/paternity leave returned to work and kept their posts 398,400 7RWDO_QXPEHU_RI_VWDΊ 7.17% Percentage of female DGPLQLVWUDWLYH_VWDΊ 6.70% Percentage of employees of ethnic minority 0.14% Employee turnover rate Note: Excluding staff employed through labor dispatching, for seasonal employment, temporary work and WKLUG_SDUW¥_VWDϯ_ We remain committed to a people-first philosophy in treating our employees with respect and equality while protecting their legal rights. We endeavor to resolve the most practical issues that our employees are most concerned about and ensure that all employees share the fruits of our development on an equal basis. Fair Treatment of Employees by Law We conscientiously abide by international conventions, including the International Covenant on Economic, Social and Cultural Rights and the Elimination of Discrimination in Respect of Employment and Occupation, along with domestic laws including the Labor Law of the People’s Republic of China and the Labor Contract Law of the People’s Republic of China, and relevant laws, rules and regulations of the host countries. We have formulated and implemented regulations such as the Measures for the Management of Employment Contracts and the Measures for the Management of Overseas Employment and established a complete employment management system to regulate employment practices according to the law. The system incorporates employment contract PDQDJHPHQW__UHPXQHUDWLRQ_LQVXUDQFH_DQG_EHQH΋WV__OHDYH__SHUIRUPDQFH_DSSUDLVDO_DQG_ vocational training. We strictly comply with the applicable laws and regulations on the dismissal and working hours of employees. Tailoring to the actual circumstances of each subordinate of our Company, we have formulated management regulations and detailed implementing rules that are applicable to all employees and business courses of our Company. Through self-inspection of our employment practices in compliance with the law, we regulate the process of recruitment, promotion, and the termination of employee contracts, safeguarding the human rights of our employees. We provide equal opportunities and fair treatment to all employees regardless of their nationality, ethnicity, race, gender, religion, and culture. We attach great importance to the employment of local residents, women, ethnic minorities and college students in order to increase job opportunities for local communities. In graduate recruitment, we seek to favor graduates from poverty-stricken areas in Western China, households newly lifted out of poverty, households on subsistence allowance, zero-employment households, and those with disabilities but nevertheless can meet our job requirements. We strictly implement regulations on maternity leave entitlements and breastfeeding breaks to protect the rights and interests of our female employees. We strictly abide by the Forced Labor Convention 1930, the Abolition of Forced Labour Convention 1957, the Minimum Age Convention, and the Worst Forms of Child Labor Convention promulgated by the International Labor Organization, and the Law on the Protection of Minors and the Provisions on the Prohibition of Child Labor promulgated by the State and similar legal requirements of countries and regions where we operate our overseas businesses. We prohibit the employment of child labor and reject all forms of forced or compulsory labor. Our Company has established an employment examination and supervision mechanism under which the recruitment of new employees, the daily management of human resources, supplier/contractor access and other processes are verified to prevent and control related risks. Our Company has never used any child labor or forced labor. __

,PSURYLQJ_5HPXQHUDWLRQ_DQG_%HQHkWV_6¥VWHP The remuneration system of our Company is closely centered on work arrangements for quality improvement, profitability improvement, and strengthening the enterprise through talents. We constantly improve our market-oriented remuneration and distribution mechanism and benefits system. We ensure that our pay raises align with the labor market and are linked to the HD_ZDJH_GHWHUPLQDWLRQ_PHFKDQLVP_WKDW_WDNHV_LQWR_ FRQVLGHUDWLRQ_DQG_RSHUDWHV_EDVHG_RQ_ZDJH_HÎFLHQF¥__HÎFLHQF¥_EHQFKPDUNLQJ_DQG_VDODU¥_ reviews, and perfected our core talent recruitment policy and other supportive policies to enhance innovation and talent protection. We have also optimized our remuneration In 2022, we: structure, improved our internal distribution system, and continued to give further priority of distribution to grassroots frontline personnel, key positions of challenges, and Optimized the market-oriented remuneration and distribution SURIH_NH¥_HPSOR¥HH_ groups, and continuously increased incentives for high-end operation and management mechanism Perfected the differentiated wage SHUVRQQHO__FRIXO΋OO_WKH_ determination mechanism that is relevant requirements of the Social Insurance Law of the People’s Republic of China, fully linked to efficiency pay our employees’ various social insurance fees timely, improve enterprise annuities and Increased remuneration incentives supplementary medical insurance system, improve the production and life conditions of for core talents RXU_IURQWOLQH_VWDΊ_DQG_SURWHFW_RXU_HPSOR¥HHVȆ_LQWHUHVW_ Employee Communication and Engagement We fully respect our employee’s democratic rights and lawful interests. We attach great importance to employees’ role in democratic management, democratic participation, and democratic oversight. Apart from establishing and improving labor unions, we have put in place a democratic style of management and a transparent system to deal with matters at our plants, through the Employees’ Congress system, to protect employees’ rights to information, participation, expression, and supervision. We have further standardized the content, procedures, and model of our open system for matters at our plants by clarifying the duties and authorities, organizational system, and working processes for the Employees’ Congress. Our Company has established multiple channels to communicate with employees and continued to implement democratic procedures. We communicate across different levels of our Company and conduct multi-level communication through PHHWLQJV_RXUDJH_HPSOR¥HHV_WR_SDUWLFLSDWH_LQ_WKH_PDQDJHPHQW_RI_ production and operations. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT HEALTH AND WDΊ__LQFOXGLQJ_VWDΊ_LQ_WKH_HQWLWLHV_LQ_RXU_VXSSO¥_ chain. We give top priority to employees’ health and safety by emphasizing the occupational SAFETY safety and health management and protection at operational sites, continuously improving working conditions, abiding by the statutory requirements related to working hours and holidays enforced in our business locations and taking care of employees’ mental wellbeing. Occupational Health Abiding by the Law of the People’s Republic of China on Prevention and Control of Occupational Diseases, we have implemented the Outline of the “Healthy China 2030” Initiative in our occupational health management, and formulated the Guidance on Strengthening Employee Health Management, focusing on the prevention and control of occupational hazards as well as the implementation of related measures, such as poison prevention, dust removal and noise reduction, with a view to providing employees with a safe and healthy work environment and guaranteeing employees’ physical and mental health. Occupational Health 107 100 % 1XPEHU_RI_VXEVLGLDULHV_FHUWL΋HG_E¥_ Percentage of health records the Occupational Health and Safety created for employees Management System (ISO45001) Key Actions Related to Occupational Health in 2022 Response to Healthy China 2030 Implemented the “Healthy China 2030” initiative Occupational Health Management Issued the Guidance on Strengthening Employee Health Management to further refine health management measures such as the setting-up of health equipment and facilities, the creation of a healthy enterprise, physical examinations and health assessments, health interventions and the creation of health records Issued a negative list of health issues at special operation positions, which was strictly enforced for 6 types of special operation positions including electrician work, aerial work, the operation of pressure vessels, the driving of vocational automotives, work at high altitudes, and work involving screens Occupational Health Promotion Organized the 2022 “Occupational Disease Prevention” publicity campaign Hosted a quiz on health to raise employees’ awareness on the prevention and control of health risks 100 % 99.15 % Detection rate of occupational Percentage of employees health hazards in the workplace exposed to occupational health hazards receiving health checks Construction of a Healthy Enterprise Prepared implementation rules for the establishment of a healthy enterprise according to different business types and refined the standards for establishing a healthy enterprise Organized exchange seminars and work improvement meetings to share practical experiences and typical practices in relation to the establishment of healthy enterprises Health Management of Overseas Employees Revised our Company’s Special Emergency Response Plan for Overseas Public Health Emergencies to further optimize the response categories and first aid procedures for overseas public health emergencies Standardized the construction of medical offices and first aid stations for overseas projects Organized special trainings on the prevention and control of malaria, monkey pox, Ebola, and other infectious diseases with over 3,500 participants Successfully treated 9 overseas employees with serious illnesses by organizing cross-border medical transfers and remote conferences Organized a series of 10 online activities titled “Gathering on a Cloud Platform, We Stay Healthy”, with over 180,000 attendances __

Overseas Mental Health Services 1,624 hours Service hours of the counselling hotline throughout the year 995 Counselling cases 1,577 Number of assessments and tests on the psychological readiness for overseas employees Mental Health We pay close attention to our employees’ mental health and have incorporated mental health into the overall planning of our establishment as a healthy enterprise. A hotline and a website have been set up for psychological counseling, and various mental health training programs have been carried out, to help employees develop a positive and healthy state of mind. Key Actions Related to Mental Health in 2022 Mental Health Service Protection System Formulated Ten Measures for Establishing a Healthy Enterprise to incorporate mental health measures into the overall planning of our establishment as a healthy enterprise Built a comprehensive service system, and constructed a longstanding mechanism to support the mental health of employees Formed a mental health service team to establish a cross-regional and cross-unit counselling service mechanism Set up a counselling hotline for our Company’s employees and their family members Continuously improved the service platform of the Overseas Employee Assistance Program (EAP) Provided counselling and talk therapy services to employees Spread of Mental Health Organized lectures and special trainings on mental health knowledge Popularized and promoted mental health knowledge through our Company’s internal platforms and media Mental Health Management of Overseas Employees Hosted a series of lectures on family bonding for overseas employees Conducted assessments and tests on the psychological readiness of overseas employees “Gathering on a Cloud Platform, We Stay Healthy” In 2022, our Company organized a series of online activity titled “Gathering on a Cloud Platform, We Stay Healthy” to improve the physical and mental wellbeing of our employees of overseas projects. The series of activity lasted for a month and were held in the form of online seminars, giveaway contests, online experience sharing and other formats. Major topics covered “Caring family”: Aimed to strengthen family bonds between employees of overseas projects “Gathering on a Cloud Platform, We and their family members, help overseas employees and their spouses improve parent-child Stay Healthy” activity communication skills to build stronger family relationships. “Health station”: Provided answers to basic questions relating to illness and health issues was held10 times online in total that employees of overseas projects were concerned with, and at the same time performed mental health assessments to safeguard the physical and psychological wellbeing of overseas with more than employees. 180,000 attendances “Harmonious work”: Aimed to promote effective communication between employees of overseas projects and managers by sharing experiences on demonstrations of care for employees. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Safety and Security Striving for “zero accidents and zero injuries”, we comprehensively improve our safety PDQDJHPHQW_DQG_VDIHJXDUG_WKH_VDIHW¥_DQG_KHDOWK_RI_RXU_HPSOR¥HHV_DQG_VWDΊ_PHPEHUV_ of our suppliers/contractors. Strengthen Safety Management Our Company embraces production safety as our core value. To this end, we implement safety measures in every segment and procedure in our production and operation processes. We actively promote the building of a longstanding production safety system. In 2022, our Company continued to improve the top-level framework of our safety management system that covers the entire process of our production and operation, tracked the updates to relevant laws and regulations, and revised and issued the Regulations on Management Responsibilities in Safety Production and Environmental Protection at Headquarters, the Management Measures for Safety Production Supervision, and the Management Measures for Safety Supervision of Major Hazardous Sources of Dangerous Chemicals. With respect to key risks, we also formulated regulations such as the Safety Management Rules for the Overhaul of Internal Floating Roof Storage Tanks and the Management Measures for Safety Supervision of Laboratories, and coordinated the remedial work for mitigate safety risks, including those related to hazardous chemicals, oil and gas pipelines, town gas, and building safety. The safety production remedial work was completed in three years, with major risks under HΊHFWLYH_FRQWURO_ Continued Strengthening of the Safety Management of our Production Process In 2022, our safety production remedial work has been completed after three years (2020-2022) of implementation. &HQWUDOL]HG_UHFWL΋FDWLRQ_RI_VDIHW¥_ULVNV_LQ_NH¥_DUHDV We identified key risk areas such as the storage locations of oil and natural gas tanks, gas tanks, town gas, oil and gas well control, and stepped up our efforts to rectify such hazards Establishment of longstanding mechanisms for production safety We established and improved several longstanding mechanisms for production safety, such as contracting points for safe production, an “area manager system” for aerial work, and a rating system for evaluating the safety production performance of all employees ,PSOHPHQWDWLRQ_RI_GLΊHUHQWLDWHG_VDIHW¥_ULVN_PDQDJHPHQW_DQG_FRQWURO Comprehensive assessment of safety risks at enterprises engaging in production and operation work were carried out. For enterprises under different risk categories, we implemented differentiated safety risk control measures such as all-factor quantitative audits at headquarters, audit guidance, project inspections and sample checking Mitigation of safety risks related to hazardous chemicals 77 facilities, including those used for the inspection of large oil and gas storage tanks at our bases, the video surveillance system, the emergency cutoff system, and the lightning warning system, were all well-equipped and put into operation, and existing hazards were mitigated Full-scale production safety inspection A total of 131,000 production safety inspections were conducted at all operation levels throughout the year __

EMPLOYEE RIGHTS AND INTERESTS AND DEVELOPMENT The Launch of “Safety Eye Platform” In 2022, our Company made several breakthroughs in the digitalization of safety and environmental protection systems, monitoring automation, smart warning, and other areas. The test run of our self-developed “Safety Eye Platform” has been _HQHUJ¥_ businesses through smart technology and solutions. The platform focuses on the smart identification and active warning of employee misconduct, and aims to strengthen YH_FDUULHG_RXW_WKH_FRQVWUXFWLRQ_RI_ demonstration projects at the Oil, Gas & New Energies Branch, Changqing Oil Field, Southwest Oil and Gas Field, and Dagang Oil Field. We have completed the onsite deployment and application of smart video analysis of 36 types of scenarios. Implement a safety qualification screening system for suppliers/ contractors Establish safety performance records Regularly publish the list of qualified suppliers/contractors, and remove unqualified suppliers/contractors from the list in a timely manner Establish a safety performance evaluation system Carry out safety capability assessment, daily safety performance evaluation, and comprehensive safety performance assessment Hold violators of national safety production laws, regulations and contracts strictly accountable Terminate the contracts of suppliers/ contractors that have failed to pass the safety performance evaluation PetroChina Supply Chain Safety Management Process Strict Capacity screening building process Evaluation Process and control assessment Encourage management personnel of suppliers/contractors to earn certifications Provide trainings on system development, HSE system auditing, safety management and emergency response etc. Strictly require suppliers/contractors to fulfill their responsibilities in supervising workplace safety, based on the principle that “whoever awards a contract or employs workers should be held responsible” Conduct targeted inspections on suppliers’/contractors’ safety management Enhancing Security Capability The safety of our employees has always been the top priority in our operations. We remain committed to a people-first, prevention-oriented, symptoms-and-root-causes-tackling, and safety-safeguarding philosophy to comprehensively enhance our operation safety level, ensure the safety of our employees, and the stable operation of our oil and gas production businesses. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Our Company strictly abides by the relevant laws and regulations and safety standards of China and other countries where our overseas projects are located. We have formulated special emergency plans to address security issues, regularly conduct emergency drills, enhanced employees’ security awareness through education and trainings, and established and promoted the regular operation of a joint meeting mechanism for performing security work. In addition, we have actively established a security management system for our domestic businesses, formulated and issued the Design Guidelines for the Security and basic requirements for the preparation of system documents, incorporated security risk management and control measures into the production and operation business management and control process and relevant system regulations organically, to constantly enhance our risk prevention, control and management capability. We have also established an overseas security prevention and management system, and constantly enhanced the system by revising the Regulations on the Social Safety Management of International Businesses, and further developed our social security management system to ensure the safety of employees in overseas projects. Key Actions Related to Social Safety Management of Overseas Projects in 2022 Optimization of the Safety Management System of Overseas Communities Revised the Regulations on Social Safety Management for International Operations and the Emergency Response Plan for Overseas Social Safety Emergencies, and completed the amendment of the Social Safety Management System Documents (Version 2.0) Enhancement of the Safety Risk Management System of Overseas Communities Improved the information collection, analysis and warning system for social safety risks Promoted the vulnerability assessment of social safety management for key locations and key projects, rectified loopholes and problems, and upgraded security measures Established a unified and coordinated mechanism for risk warning and addressing emergencies Conduction of Safety Education Trainings for Overseas Employees Organized training sessions on social safety management for international operations Organized online training sessions on safety risk prevention for employees Organized 156 anti-terrorist safety training sessions for expatriate staff throughout the year Organization of Social Safety Management Evaluations for International Operations Conducted annual performance evaluations on social safety for international operations of overseas project companies Safety Training Put into Practice in Emergency Scenario ‘¥D__ Hainan. With the assistance of the local security guards, he performed CPR on the drowning child non-stop for 17 minutes and saved the child from the verge of death. In addition to his own courage and ability to stay calm, Esker’s proficiency in first aid knowledge and skills also played an

Strengthening the Enterprise Through Talents We regard talents as the most important resource for our Company’s development. We vigorously implement strategic measures to strengthen the enterprise through talents, and focus on the nurturing, introduction, and utilization of talents, optimize our management team, stimulate our Company’s creativity, and enhance the overall value of talents. Our Company has strengthened its top-level design and continued to improve its overall plan to strengthen the enterprise through talents. We have formulated system documents such as the Action Plan for Strengthening the Enterprise Through Talents, the 2021-2025 Implementation Plan for the Strengthening the Enterprise Through Talents Project, the 2022 Operation Schedule, and promulgated ancillary documents such as the Measures for Evaluating Human Resources Value (Interim), and the Promotion Plan of the Special Project to Develop Talents for New Energies, New Materials, and New Businesses. In 2022, our Company comprehensively carried out more than 20 key initiatives, such as launching the “Year of Strengthening the Enterprise Through Talents” activity, formulating and issuing the Q&As for Strengthening PetroChina Through Talents, organizing lectures and business seminars on special topics, training sales and marketing talents, and organizing a training program for young talents in science and technology. We have built a strong and large team of talents for our key business

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Employee Training Adhering to modern enterprise training concepts, our Company has sought to tap WKH_SRWHQWLDO_RI_RXU_KXPDQ_UHVRXUFHV_WKURXJK_WKH_FRPELQDWLRQ_RI_ȉLQWHUQHW___WUDLQLQJÈŠ_ approaches. We have analyzed our talent demand and continued to develop training methods to carry out diversified and differentiated vocational trainings for employees in order to drive both employee and business growth through positive correlations. In 2022, RXU_&RPSDQ¥_LVVXHG_WKH___WK_)LYH_<HDU_3ODQ_IRU_6WDΊ_(GXFDWLRQ_DQG_7UDLQLQJ_DQG_FRQGXFWHG_ PRUH_WKDQ________WUDLQLQJ_SURJUDPV_FRQVLVWLQJ_RI_PRUH_WKDQ________VHVVLRQV_RI_GLΊHUHQW_ categories and levels, covering 100% of our employees. In 2022, we: basic education Conducted management and training Established astandardized manager training system organized Jointly trainingevents Formulated and amended system documents such as the Management Measures for Online Training, the Management Measures for Trainers, the Management Measures for the Standardized Evaluation and Certification of Managerial Positions, to improve our Company’s education and training system such that it becomes a fully-fledged system and meets scientific standards Strengthened research and exploration of topics and theories such as the Construction of a Standardized Training System for Managerial Positions and the Evaluation of the Effects of Training Internationalized Talents on the Internationalization of PetroChina and Relevant Suggestions Formulated the Evaluation Criteria for Education and Training Work and the Evaluation Criteria for Training Institutions, to conduct full-coverage evaluation and assessment on training institutions Established a standardized training system for managerial positions that meets the jobs requirements and career development needs of employees Established a learning and development mechanism based on the philosophy of “job seekers need certifications, the employed need skills, and promotions need qualification Enriched and improved our training system and database, and established a professional team of operators consisting of 500 experts with different expertise Strengthened efforts to nurture talents jointly with top universities in China 6WDΊ_7UDLQLQJ_+LJKOLJKWV_LQ_____ Established the National Academy for Outstanding Engineers and conducted the joint nurturing of engineering masters and PhD graduates Conducted training sessions including network legal compliance, marketing skills enhancement, and businesses related to financial derivatives, with over 18,000 attendances Hosted a series of 10 professional and technical lectures related to new energies and new materials, carbon emission peak and carbon neutrality and other topics Implemented a three-year basic training programme and an intensive training programme for new employees __

EMPLOYEE RIGHTS AND INTERESTS AND DEVELOPMENT We improve employees’ vocational skills and professional abilities through the combination of trainings and contests including the pre-employment training camp, technical skills competitions, and vocational skills competitions. Through these activities, we promoted the development of frontline employees and tested the results of our basic training programme. In 2022, our Company organized and participated in 9 vocational skills competitions at all levels. In competitions at the company level and above, our employees won 41 gold medals, 71 silver medals and 111 bronze medals. In 2022, we hosted/organized/participated in: PetroChina’s First Pre-Employment Training Camp 3HWUR&KLQDȆV_΋UVW_7HFKQLFDO_6NLOOV_&RPSHWLWLRQ_ 3HWUR&KLQDȆV_΋UVW_7HFKQLFDO_6NLOOV_&RPSHWLWLRQ_IRU_)LUH΋JKWHUV_ The Professional Technical Competition on the Dynamic Analysis of Oil Reserves The 2022 Online Skills Training Event for the Oil and Petrochemical Industry Pre-Employment Training Camp On May 9, 2022, our Company launched the 6-week Pre-Employment Training Camp. The activity was a pre-employment training course mainly targeted to the 210 students who had entered into employment contracts with 18 oil refining companies under PetroChina. Forging collaboration among the industry, enterprises, and schools, the camp focused on QXFLHV_LQ_VKRUW_VWDΊHG_RLO_UH΋QLQJ_FRPSDQLHV_WR_ precisely replenish their talent reserves. After the training, the students’ knowledge was tested in the second PetroChina Cup, a competition for chemical technicians from vocational schools that was jointly organized by PetroChina and the China Petroleum and Chemical Industry Association. In the competition, the participants’ problem-solving skills, teamwork skills, and overall qualities were put to test, so as to motivate outstanding students and improve their skills through contests. Skills Training Event for the Oil and Petrochemical Industry ,H_2LO_DQG_3HWURFKHPLFDO_ Industry hosted by CNPC. 61,000 skilled operators from the domestic oil and petrochemical industry participated throughout the event. The scale, scope and number of participants were the largest ever among our job training activities held in the past. rstanding and mastery of new technical standards and requirements in the industry. This allowed us to determine the direction and basis for future skills training programs, provided a solid foundation for in-depth exchange and collaboration among enterprises and created a new way for enterprises to enahcne their skills. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Unimpeded Career Development Paths We attach great importance to the career planning of employees and endeavor to expand their career paths to help them realize their self-worth. With a corporate culture that values moral integrity as well as professional competence, we have developed a selection process that is democratic, open, competitive, and merit-based and also established and improved the talent development mechanism in order to create a positive atmosphere that enables the recognition and best use of talent. ,Q_________ and continuously cultivated key talent teams such as leaders in science and technology, a scientific and technological innovation team, young talents in science and technology, and a team of outstanding engineers. We formulated and issued the Implementation Opinions on the Further Improvement of the Seniority System for Professional and Technical Positions and he Implementation Plan for Vigorously Discovering, Nurturing and Selecting Outstanding and Young Cadres, enriched and made timely updates to our talent pool of young managers, to increase the number of young managers in our workforce. Moreover, we also made improvements to the dynamic adjustment mechanism of job positions, the evaluation and selection mechanism, the remuneration and incentives mechanism, to provide an unimpeded and stable career path for employees. 3 were elected members of the Chemical Industry and Engineering Society of China 2 won the China Skill Award 1 was recognized as an individual with outstanding contributions to China’s Cultivation of Skilled Talents 7 won the National Technical Experts Award By the end of 2022, we had Academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering Experts entitled to the Special Government Allowance Senior Experts 92 Skilled Expert Studios, including 28National Skilled Expert Studios Training Programme for Young Talents in Science and Technology In May 2022, the Company promulgated an implementation plan to fully execute its Training Programme for Young Talents in Science and Technology. Under the Programme, we highlighted the importance of innovative approaches, strengthened our recruitment management, and distributed talents reasonably across professional fields, mainly with a focus on geological exploration, oil and gas field keep track of our talent pipelining activity. Focusing on sourcing talents, we encourage our business departments to actively consider worthy college candidates from the Outstanding Engineering Education and Training Programme and conduct advanced “tailor-made WDOHQW_WUDLQLQJVÈŠ_LQ_FRUH_WHFKQRORJLFDO_΋HOGV_DQG_SURGXFWLRQ_WHFKQRORJ¥_QHHGV_ __

AND DIVERSITY LOCALISATION We embrace a respectful, open and inclusive culture and we are committed to “selecting more local talents who live close to our overseas operations, upgrading their professionalism and making them more responsive to market forces”. We abide by all laws and regulations of countries where our operations are located. We have formulated the Measures for Administration of Local Employees in Overseas Operations, promoted the innovation and practice of overseas labor management, and established an optimal system for recruitment, deployment, performance appraisal, incentives and penalties. We work hard to attract and train top local talents and to provide them with a working environment conducive to their career development. Local Hiring in Overseas Operation We actively recruit and train local employees and do not discriminate against outstanding local candidates, providing local people with job opportunities. Professionals employed in our overseas projects involve multiple disciplines, such as exploration and development, UH΋QLQJ_DQG_FKHPLFDOV__SLSHOLQH_RSHUDWLRQ__LQWHUQDWLRQDO_WUDGH__QDQFH__DFFRXQWLQJ__DQG_ ΋ human resources management. With continuous efforts, our Company has gradually established localized, regionalized and internationalized career development channels, and many local employees have entered management positions. In 2022, foreign nationality employees accounted for 96.69% of our overseas workforce. Cultural Integration We fully respect cultural diversity and local customs. We create an environment of multicultural integration, promote communication and exchanges between employees with different cultural backgrounds and respect for different values and traditions, in order to foster cross-cultural collaboration in a culturally diverse workplace. &UHDWLQJ_$_‘LYHUVH__(TXLWDEOH_DQG_,QFOXVLYH_&RUSRUDWH_&XOWXUH In 2022, a series of activities were organized by our project company in Canada to respect local cultures and promote cultural LQWHJUDWLRQ__ZLWK_DQ_HΊRUW_WR_FUHDWH_D_GLYHUVH__HTXLWDEOH_DQG_LQFOXVLYH_FRUSRUDWH_FXOWXUH_ We established the Diversity, Equity and Inclusion (DEI) Committee, which organized DEI trainings for all employees On Canadian and traditional Chinese holidays, we strived to promote festival culture, organized traditional cultural events and encouraged employees to actively participate in the events We celebrated the National Indigenous Peoples Day and showcased our Company’s efforts in building harmonious relationships with indigenous peoples and promote community development We participated in the dragon boat race hosted by the Calgary Dragon Boat Society We organized a virtual Great Wall Marathon to promote employee health We invited employees and their family members to the Calgary Zoo to celebrate traditional Canadian festivals We organized an activity titled “Live Well” __

Rooted within society, PetroChina has a duty to return. Our vital goal is to promote socioeconomic development, so we attach great importance to the well-being of people and social advancement. We enhance local development capabilities and fulfil product social responsibility. We actively participate in activities such as rural revitalization, poverty alleviation, community building, environmental SURWHFWLRQ_DQG_VRFLDO_ZHOIDUH__7KURXJK_RXU_HΊRUWV__ZH_ strive to build a harmonious society.


PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT COMMUNITY We strive to have a positive impact on community development through responsible RSHUDWLRQV__7KLV_LPSDFW_FDQ_EH_UHÎŒHFWHG_QRW_RQO¥_LQ_WKH_FUHDWLRQ_RI_MREV__WD[_FRQWULEXWLRQV_ IMPACT and business opportunities for local suppliers/contractors, but also in reducing the MANAGEMENT environmental and social impact of production and operation activities on communities, safeguarding the human rights of community residents and facilitating local self- development capabilities. Management of Our Community Impact Key Measures 6SHFL΋F_DFWLRQV We set up environmental protection and community relations coordination agencies in many countries and regions and established a variety of forms Enhancing of communication with local governments, non-governmental organizations community and community representatives. engagement We published corporate information through various channels, continuously enhanced engagement with communities and handled community complaints properly. Prior to project commencement: we specified a reasonable scope of our production and operation activities to avoid causing any adverse impact on the community and other stakeholders, assessed local community needs, human rights protection, natural environment, cultural heritage and other social, environmental and economic impacts to protect the legitimate rights and interests of community residents. Project full cycle management During project implementation: we strictly implemented safety and environmental protection procedures; formulated environmental protection management system participated by stakeholders; implemented environmental impact monitoring throughout the project; and maintained good interaction with the community and other stakeholders. After project completion: we restored land surface as soon as possible as we strive to protect the local ecological environment. We formulated a framework for developing and maintaining a harmonious relationship with aboriginal communities located in our asset project and site areas, understanding the grievances of local community residents and protecting their rights. We invited surrounding residents and social environmental protection volunteers and professionals to visit our sites, learning about and supervising Community our environmental protection efforts. human rights We gave priority to hiring local talents, provided skills training and involved protection local talents in project construction to increase community income. Relying on local social resources, we made efforts to support local enterprises, attached great importance on purchasing local products and services, strengthened cooperation with local enterprises in technical services and promoted the development of relevant small and medium-sized enterprises. We strictly controlled human rights risks posed by overseas security contractors. We rationally planned community investment projects in light of local social and economic development planning and the needs of community residents. We engaged in good neighbor initiatives, supporting community capability Participating building projects, investing in environmental, healthcare, education and in community investment public facilities projects for community welfare and monitored the progress and implementation of public welfare projects. We regularly evaluated the performance of social welfare projects and made necessary improvements. __

In Iraq, our West Qurna subsidiary established a Public Relation & Socioeconomic Section. Based on its general business and operation features, we identified and understood various interests, grievances and expectation of major stakeholders, including shareholders, partners, government organizations, the local community, NGOs, media, employees, suppliers/contractors and the general public, established effective engagement and communication systems and dispute resolution mechanisms, responded to their expectations and grievances in a timely manner, ensuring that we can achieve win-win development together based on shared goals and expectations. For details, please refer to the section titled “Overseas community construction”. In Iraq, our Rumaila subsidiary formulated compensation and project management policies in relation to community impact . Our goal is to achieve harmony between the development of oil field production and operation activities with the local community. Relevant activities were reorganized and integrated into the production plans of relevant departments. In Australia, our subsidiary Arrow Energy Ltd. engaged with stakeholders from predevelopment stage of gas fields, fully considering the interests of stakeholders such as farm owners. We conduct one-on-one communication with land owners during planning to come to an agreement on the locations for infrastructure such as wells, pipelines and roads, in order to minimize the impact on the relevant land. For projects in operation, we listened to grievances and concerns of farm owners on a continuous basis, provided fair compensation and actively communicated with the community as we maintained openness and transparency. For details, please refer to the section titled “Overseas community construction”. In Kazakhstan, we hold public consultations for our oil and gas partnership projects to obtain feedback from stakeholders. In 2022, the PK Company held two rounds of consultations regarding the licenses for environmental protection and waste treatment of our gas fields, inviting government regulatory bodies, NGOs, media, community residents, independent media and bloggers to participate. Together, an understanding was reached and the relevant government environmental protection emissions license was obtained. Our Shymkent refinery subsidiary held an environmental protection public consultation, inviting surrounding residents and social environmental protection volunteers. and professionals to visit our plants and site areas, in order to understand our progress made in environmental protection measures. In Kazakhstan, the PK company has formulated a Complaint Hotline Policy and Procedures to establish channels and handling mechanism for employees and third parties to file anonymous complaints. We implemented a system to protect whistleblowers and established effective channels for the community to file complaints directly to management. In Iraq, our Rumaila subsidiary places great emphasis on professional ethical training for our security contractors. Ethical standards, expected conduct, international standards of conduct and standards for use of force are integrated into the core training program for security personnel. For details, please refer to the section titled “Overseas community construction”. We actively responded to China’s rural revitalization strategy. Together with our parent company, CNPC, we contribute our efforts in rural revitalization based on five focus areas of industry, talent, culture, ecology and consumption. In Iraq, our Rumaila subsidiary cooperated with the AMAR International Charitable Foundation in Basra to provide comprehensive social responsibility support to the local community. We completed and launched various community building projects such as the QA water treatment plant medical clinic and Al Khora community woman’s professional skills training program. For details, please refer to the sections titled “Social and community welfare investment” and “Overseas community construction”. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Major mechanisms and measures for enhancing community engagement The Company complies with Free, Prior and Informed Consent (FPIC) principles, establishing various engagement mechanisms with local governments, NGOs and community representatives to conduct active communication and to ensure that the rights of locals are respected. Formulate, comply with and implement customized standards and management regulations on maintaining relationships with local communities based on the conditions of the place of our operations Establish environmental protection and community relationship coordination agencies to ensure normalized smooth communication channels Convene regular meetings with government officials, local companies and community representatives, communicate and manage relationships with stakeholders and address pressing concerns of local communities Hold topical conferences or consultations with local communities in the event of major incidents affecting the community, in order to identify together relevant risks and opportunities to the community and discuss resolutions Actively fulfil disclosure obligations, formulate notification procedures for major events and emergencies for timely publication of relevant information to local communities Formulate community relations complaint handling mechanism, properly handle complaints from the community, provide timely feedback and protect identity and safety of complainants Organize company open day and actively participate in local social cultural events to build positive and friendly relationships with local communities Major measures to ensure contractors’ protection of human rights Observe relevant standards and laws of the places of our operations on human rights and controlling violent confrontations, formulate company human rights protection policies and management and implementation methods and require compliance and implementation by security contractors Conduct due diligence to assess human rights protection competence of security contractors Regularly engage with security companies or personnel to understand and address issues encountered in security work as well as their grievances and resolve such issues and grievances through timely negotiations Strengthen professional ethics education, indoctrinate professional ethics throughout the entire training program for security personnel and established professional ethics as priority criteria in evaluating personnel calibre Conduct human rights protection training for security contractors as well as education on legal issues and warning measures Improve management of standards of security contractors through conducting audits and evaluations of security contractors and monitor the implementation of human rights protection policies Maintain a strong stance against violence, prohibit violent and inhumane treatment of local employees and residents __

The company focuses on areas such as industry, talent, culture, ecology and consumption. We carried out poverty alleviation based on local conditions and followed up with rural revitalization, thus allowing designated poverty alleviation regions to improve self-sustaining development capabilities and promote local economic sustainable development. In 2022, we joined efforts with our parent company, CNPC, to launch several initiatives with the goal of stimulating development in poverty alleviation regions and motivating poverty alleviation groups. Such initiatives include building “Happy Villages”, promoting featured local industries establishing “Rural he Company partners with various sectors of society in active participation of charitable work by making use of its brand launched over 360 charitable programs both on our own and with our partners. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Building Sustainable Development Capabilities Promoting industrial growth is fundamental to addressing the problem of economic backwardness in underdeveloped regions. PetroChina actively undertakes community projects in agricultural products processing, unique rural industries, rural recreation and tourism industries and rural new service industries. We implement localized policies, heavily invest funding, manpower, materials and technology to facilitate agricultural industrialization and integrated development of agricultural industries, promote rural innovation and development. By combining our own general advantages and local resources and advantages, we helped rural communities improve their capabilities in industrial and business operation, allowing them to increase their income. In 2022, the Company launched the featured local industry promotion initiative. We leveraged local resources and natural advantages, strengthened standardization, industrialization and brand development, helping to build unique industry chains such as rural tourism, agricultural and pastoral production and processing. For more details, please refer to the feature on “Five major initiatives to promote rural revitalization”. Skills Training Raising the skill levels of the local population is essential to achieving sustainable development in underdeveloped regions. PetroChina makes use of our advantages in resources to provide and create employment opportunities, build employment platforms and launch various skills training programs, in our efforts to provide specialized training to address the ΋QG_HPSOR¥PHQW_DQG_VWDUW_EXVLQHVVHV_ The Company has established a “Rural Revitalization Workshop”, an online platform to help promote intellectual development. We launched various targeted training programs to motivate all talents to prove themselves in the great vastness of the rural areas. We expanded cooperation channels, formulated over 300 sessions on rural revitalization and specialist skills, trained 197,000 people during the year. Education Promoting education is key to ensuring that basic development opportunities are 22 available to people in underdeveloped regions. From improving education environment consecutive years and quality and teacher training to fostering good family environment, PetroChina student support models and connect various forms of education resources, to help Scholarship program youths in underdeveloped areas access equal education opportunities and to promote As part of our efforts to address issues such as education imbalance in “poverty RMB alleviation” regions, PetroChina continued its “Teacher Training Program” for the 8th consecutive year, which focuses on improving the capabilities of teachers in these 4.47 regions. In 2022, we helped to train over 20,000 education workers in 10 of these million regions. We provided student grants and scholarships to high school students with dreams of further education. In 2022, our “Xuhang Program” donated RMB11 million Amount of scholarship provided for 685 excellent university students in 17 and opened 19 “Xuhang” classes in 19 schools across 8 provinces as well as provided higher education schools including the China University of Petroleum in 2022 __

Healthcare Improving healthcare standards is essential to eliminating potential public health risks in underdeveloped regions. Our Company takes an active role in improving clinic infrastructure and healthcare employment conditions in rural townships in remote regions, strengthening the abilities of healthcare professionals, conducting mobile clinical visits, raising general awareness of health and sanitation knowledge, promoting higher standards of local healthcare services and healthy lifestyles, striving to explore innovative ways of healthcare assistance and actively encouraging participation of other social forces to SURYLGH_KH conditions in order to alleviate their burden. In 2022, our Company participated Kids Care program initiated by CNPC, the China Foundation for Rural Development and the Ant Foundation, integrating healthcare management, rural revitalization and internet charity. Supporting the project with RMB15 million of our funds, we attracted another RMB15 million donations from the general public, which went towards helping 130,000 children in poverty alleviation regions access insurance for critical illnesses, so that they would not return SURMHFW_WR_ provide remote consultation for over 3,600 patients across six counties in Xinjiang, so that they would not have to travel long distances for treatment, and at the same time provided targeted training for over 5,200 healthcare professionals in provincial hospitals and village clinics to raise healthcare standards. 6WDK_YROXQWHHU_SURMHFWV The Company encourages our employees to demonstrate the volunteer spirit of contributing, caring, helping and progress. We established a youth volunteer service team for our employees, which has participated extensively in poverty alleviation, community building, environmental protection, emergency response, disaster relief and community welfare activities. As of the end of 2022, the Company has a total of 8,613 youth volunteer service teams consisting of 105,400 youth volunteers who participated in 22,801 volunteer service activities. In the sixth national youth volunteer service project competition, the Changqing Oilfield’s “buckwheat flower” youth volunteers caring for stay-home children, poverty alleviation and education support program, as well as Lanzhou Petrochemical’s voluntary

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT We actively respond to China’s rural revitalization strategy. Together with our parent Company, CNPC, we make full use of our Company’s business advantages, incorporate resource characteristics of regions receiving aid and contribute our efforts in rural UHYLWDOL]DWLRQ_EDVHG_RQ_΋YH_IRFXV_DUHDV_RI_LQGXVWU¥__WDOHQW__FXOWXUH__HFRORJ¥_DQG_FRQVXPSWLRQ_ Promoting industry revitalization We launched the featured local industry promotion initiative in 10 designated assistance counties in combination with natural resources of the assistance areas. To address food security, we supported the building of corn drying plants and smart granaries in Nilka county and Jemina county in Xinjiang in order to build strong food security. We expanded industry chains to help enrich local populations. We supported the building of feedstock factories in Qinggil county, Xinjiang and continued to establish an integrated industry chain consisting of forage planting, feedstock production, livestock farming, slaughtering and processing and product sales. In Fan county, Henan, we supported the building of a forestry and flower farm project, promoting standardization and marketization of flower farming. We supported the development of rural tourism, assisting the development of rural terrace field homestays in Hengfeng county, Jiangxi. We helped to develop rural tourism and recreational agriculture models based on local conditions, building an ecological model of development integrating primary, secondary and tertiary industries. We facilitated employment in poverty alleviation regions. We supported preferential employment from designated assistance counties for building and operating of our projects and local enterprises. In 2022, we helped 4,326 people from 10 counties to obtain migratory employment with our Company recruiting 529 impoverished people. Promoting talent revitalization In 2022, our Company supported over 200,000 people in the training of cadres, rural revitalization leaders and professional technicians, contributing to a strong talent base for the rural revitalization movement. PetroChina built a “Rural Revitalization Workshop” Platform. We invested dedicated funds to establish our own training platform “Rural Revitalization Workshop”, engaging professional organizations to formulate training programs based on a scientific and target-based approach. We launched various training models. We adopted centralized teaching, mobile rural schooling and live streaming to expand coverage of our training programs, stimulating interest in both online and offline training programs through targeted adjustments and establishing specialized courses. We also sought to promote interest in the oil and gas profession. We established specialized programs for nurturing future oil and gas industry workers, recruited 100 high school graduates across six designated assistance regions in Xinjiang, integrating general and specialized education and providing priority employment opportunities in the petroleum industry. Promoting culture revitalization We leveraged local cultural advantages and well-preserved traditions to promote civilized, positive and simple rural lifestyles. In-depth exploration of traditional culture. We supported two rural tourism assistance demonstration programs in Fan county and Taiqian county, Henan. With in-depth exploration of Central Plains and Yellow River culture and values, we promoted lifestyle and customs changes and facilitated the development of the homestay economy and unique culture industry. Fostering rural spirit and civility. We established “heritage learning points” in Xishui county, Guizhou and Hengfeng county, Jiangxi. We organized over 600 thematic cultural events in Xinjiang to help enrich the lives and experiences of the general public. __

Promoting ecology revitalization In response to China’s five-year plan on improving living conditions in rural areas, we contributed our efforts towards organic integration of infrastructural assistance, improving living conditions in rural areas and environmental protection. We continuously improved living conditions. We implemented the “Model village for improvement of living conditions” project. In 2022, we launched our own initiative to build “Happy villages” in 10 counties, conducted domestic refuse and sewage treatment in 76 villages, remodeled toilets for over 2,000 homes and devoted efforts to greenify and beautify villages. :H_FRQWULEXWHG_HΊRUWV_ towards emissions reduction, carbon sequestration and green infrastructure. We supported “carbon emission peak and carbon neutrality” projects such as the establishment of forest reserves and carbon sequestration research in Qapqal Xibe, Xinjiang, with the purchase, planting and maintenance of 10,000 mu saplings, creating employment opportunities in ecological and forestry maintenance and facilitating rural green development. We helped rural areas develop ecological function potential. We supported water saving irrigation projects in dry, unproductive and wasteland areas. We helped to transform 20,000 mu of Gobi desert into arable farmland through an integrated fertilization and high efficiency water saving irrigation project in Qinggil county, Xinjiang. We helped to build a rare plant conservation area and a crop rotation demonstration project in Xishui county, Guizhou, in order to create local ecological value. We also worked to protect biodiversity. We launched “a beaver offspring conservation” program in Qinggil county, Xinjiang, as part of our efforts to achieve organic integration of scientific education, protection of endangered animals and increasing rural income and build a demonstration of peaceful coexistence between man and nature. Increasing consumption assistance PetroChina fully supports the “consumption assistance empowerment initiative”. Throughout 2022, we conducted purchases of RMB444 million worth of products and facilitated sales of RMB756 million worth of products under the assistance initiative. :H_PDGH_XVH_RI_RXU_LQWHUQDO_PDUNHW_WR_H[SDQG_RXU_HΊRUWV_ in bridging production and sales of assistance products. We published a catalogue on consumption assistance products which contains a selection of over 3,000 products from close to 300 poverty alleviation counties, encouraging our employees and subsidiaries to increase efforts in purchasing consumption assistance products from designated assistance counties. We implemented a series of measures to expand sales channels of products from assistance counties. We set up dedicated “sections for consumption assistance products” in our gas station convenience stores and non-oil products online sales platform, organized live stream marketing competitions which focused on recommending unique assistance agricultural products and distribution across China through our network of over 20,000 gas station convenience stores. We leveraged our access to quality resources to build unique brands. Making full use of our access to non-oil products, we promoted regionally unique quality products such as Barkol melons, Nilka honey and Jeminay flour by helping assistance regions build regional brands, facilitating industry upgrading and enhancing recognition and impact of assistance products. Rural welfare gas stations As a major agricultural country, spring planting and fall harvesting are peak seasons for agricultural machinery fuel consumption in China. For years, our Company has considered securing agricultural machinery fuel as an area of focus. We implement service measures such as priority, concessionary and quality supply of oil to ensure that agricultural production can be conducted smoothly during significant farming periods. In 2022, PetroChina established a total of 5,529 rural welfare gas stations with 6,978 priority pumping lines for agricultural machinery and 6,370 dedicated pumps for rural welfare, supplying a total of 1.323 million tons of agricultural machinery fuel. We also set up resting areas for agricultural machinery operators, provided fuel delivery services to farmlands and organized 60,800 fuel delivery trips. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT OVERSEAS We maintain our vision of “cooperating in development to achieve win-win for all” in conducting international cooperation. We respect the cultures and conventions of the COMMUNITY countries in which we operate, and we are committed to establishing long-term and stable CONSTRUCTION cooperative relations with the host countries. We take an initiative to incorporate our development into local socioeconomic growth and create economic and social value to jointly promote the development and prosperity of local communities together with host governments and business partners. We actively participate in overseas community construction Comply with all applicable international and local laws that related to community affairs and social responsibility and dynamically adjust our Company’s policies and procedures to comply with the relevant laws and regulations Respect, defend and protect human rights and respect local customs and cultural traditions Conduct all activities in an ethical, fair, transparent and responsible manner, and commit to the protection of local ecological environment to promote social development Formulate community development plans and carry out relevant activities to continuously improve the well-being of local people and promote harmonious development of the community Notify the community prior to the implementation of the community development projects, regularly assess the results and make necessary improvements Provide the stakeholders with timely information about the projects and activities relating to community construction and call on all employees to participate in such activities Promulgate our Company’s ESG philosophy and policy to our suppliers/contractors and encourage them to actively participate in the implementation of projects and activities relating to community development Protecting the Local Environment We strongly believe in the importance of striking a balance between business development and environmental protection. Therefore, we strictly comply with the environmental protection laws and regulations of countries where we operate and international standards on environmental protection and carefully protect the local ecological environment and historical and cultural heritage during operations. CASE STUDY Protecting Local Water Resources in Australia In Australia, Arrow Energy Ltd. complies with the local Petroleum and Gas (Production and Safety) Act and the Water Act, strictly monitoring and controlling discharge, wastewater treatment and recycling. Arrow Energy Ltd. has established a groundwater monitoring network to survey and assess groundwater levels and monitor changes in water quality on a regular basis. It prepares underground water impact reports to actively disclose the conditions of groundwater to land owners,government, environmental organizations and other stakeholders. Arrow Energy Ltd. has also established a community committee and provides purified extracted water to local farmers for free, thus maximizing the use of groundwater in coal seams and avoiding or minimizing impact to the local environment, society and economy.

Actively Responding to Chad’s Tree Planting Program Our Company actively responded to the tree planting program promoted by the government of Chad. We signed a cooperation framework agreement on the tree planting project with the Chad Ministry of Environment to participate in tree planting projects in three provinces and cities including N’Djamena. In the first stage of the tree planting program, 300,000 trees will be planted in a 300-hectare green belt zone surrounding N’Djamena. Currently, 200,000 saplings including neem and African mahogany have been planted. Community Investment We take an active role to help improve the production and living conditions of local residents. Every year, we provide support to our surrounding communities in aspects such as environment, healthcare, education, public facilities and community activities based on their actual needs, as part of our active efforts to fulfil social responsibility. We actively participate in community welfare programs of our surrounding communities, allowing them to share the fruits of our development, so as to maintain a long-term harmonious relationship with the local community and facilitate the sustainable development of the community. Kazakhstan Canada Australia We organized a greenification We invested in various areas of community welfare, We participated in campaign with communities such as healthcare support, environmental protection the investment and surrounding our Shymkent promotion, housing plans, skills and employment establishment of the refinery, planting 500 elm and training and social security University of Queensland acacia saplings We sponsored education programs for endangered Centre for Natural Gas and We donated widely to charities animals by the Calgary Zoo, which educates young sponsored the university’s and community welfare visitors on protection of endangered animals and the Wonder of Science organizations in Kyzylorda environment program ,UDT We launched support programs in 14 communities near our West Qurna project to promote local sustainable development in health, education, infrastructure, culture and sports We helped to clear explosives left over from conflicts in the region We launched a community building initiative in areas surrounding our Rumaila project, which includes various projects on community woman’s professional skills training, mobile clinics, professional training for the unemployed, oil field community power grid upgrading and school furniture refurbishment Oman We participated in various projects including community education infrastructure construction, improvement of local community healthcare facilities for the socially vulnerable, environment improvement, assistance for students with difficulties, support for sporting events and competitions, assistance for people suffering from cancer and severe illness In 2022, we were recognized by the Omani Ministry of Social Development with an award of honour for social development and support __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT CASE STUDY Partnership with the University of Queensland In Australia, Arrow Energy Ltd. participated in the investment and establishment of the University of Queensland Centre for Natural Gas, which offers subjects related to coalbed gas including economics, business, petroleum engineering, earth science, ecology and social science, in term providing continuous technological support for project development. Since 2014, Arrow Energy Ltd. has sponsored the university’s Wonder of Science program, providing learning guidance on science, technology, engineering and mathematics (STEM ) subjects to students from the Bowen and Surat basins. Currently, the project has organized 13 academic conferences with participation of over 1,300 teachers and students. 13 1,300 + Number of academic Number of teachers and conferences organized students participated Promote Localization We proactively promote localization, strictly comply with local laws and regulations in the places of our operations, observe tax transparency, encourage local hiring, prioritize procurement and usage of local products and services, in order to provide opportunities for local suppliers, contractors and service providers to participate in our projects and to support the development of local small and medium-sized enterprises as well as community entrepreneurs. Tax Payments According to Law Our Company strictly complies with the laws and regulations in the countries where it operates, pays taxes to local governments according to law, and duly contributes to the development of local economies. In countries where the Extractive Industries Transparency Initiative (EITI) standard is implemented, our local companies actively participate in the multi-stakeholder groups and timely publish information on our tax payments with more details than the minimum disclosure requirements prescribed by the EITI. We support the anti-Base Erosion Profit Shifting (BEPS) initiative and the PetroChina Tax Policy and pledge to pay tax according to the law in areas where we operate and create value, in order to strive to achieve sustainable development and to duly contribute to socioeconomic development. For details on the PetroChina Tax Policy, please visit our Company website. __

Promoting Local Employment PetroChina makes continuous improvements to our international business management standards. We promote local employment, respect local working culture and facilitate cultural integration. We provide training programs for local employees to enhance their growth, so that local society and economy can grow and develop with us. Our joint operating company in Oman Block 5 has increased localized employment and on-site training, thus providing more local employment opportunities. The percentage of local employees has risen from 29% in 2002 to 97% in 2022. Our international subsidiary in Kazakhstan employs over 2,500 locals with the percentage of local employees at 99%. Local Procurement Our Company gives priority to local products and services in our procurement process. We consider localization of procurement as a contractual obligation. Provided that there is fair competition, we give priority to using local materials, equipment and consumables, providing an opportunity for local suppliers, contractors and service providers to participate in our projects and supporting the development of local small and medium-sized enterprises and community entrepreneurs. In 2022, our Kazakhstan PK Company signed 23 supply contracts with 13 local contractors holding “Local Content” certificates, covering areas such as oil, chemicals, labor protection appliance and safety equipment. CASE STUDY ‘HYHORSLQJ_/RFDO_6XSSOLHUV_&RQWUDFWRUV_LQ_,UDT In Iraq, we actively implement our localized procurement policy to promote the development of local small and medium-sized enterprises as well as local employment and economic growth. West Qurna project Rumaila project Our West Qurna project prioritizes and implements local procurement as part of its project management and monitors its implementation. An electronic tender platform has been established, and supplier/contractors manuals are made available in English and Arabic and issued with tender documents without costs to encourage local suppliers/contractors to register and use for free. As of the end of 2022, over 1,000 companies have completed registration with over 30% being local companies. We give priority consideration to local suppliers/contractors for raw materials, oil products, consumables, stationery, support services and local security, with particular procurement projects requiring at least 50% local bidders. Over the past few years, local suppliers/ contractors have gradually expanded from providing minor services such as support services, stationery supply and material supply to participation in minor construction works and are actively participating in subcontractor work with large contractors. In Rumaila, our localized procurement policy has extensively helped the development of local small and medium-sized enterprises, including Etihad Al Basra for Contracting Trading and Custom (EBCC). Our project has provided EBCC with specialized training including key site position training, regular system training, ISO management system and inspection system establishment, helping EBCC achieve international standards from business, management to compliance. After over a decade, EBCC has grown from an ordinary local company into one of Iraq’s leading integrated site service companies. __

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Human Rights Protection Protecting Indigenous Rights Before the commencement of a project, we conduct assessments of the social, environemental and economic impact in relation to the needs of communities, human rights protection, natural environment and cultural heritage. We protect all legal rights and interests of the indigenous people. We uphold standard operation and formulate compensation plans by taking into account the opinions of the local governments, our partners and WKH_ORFDO_UHVLGHQWV_LQ_RUGHU_WR_SURWHFW_WKH_LQWHUHVWV_RI_WKH_LQGLJHQRXV_SHRSOH__6SHFL΋FDOO¥__ compensation is paid before land use, and the compensation information is released in a timely manner to ensure operational transparency. CASE STUDY 3URWHFWLQJ_/RFDO_+HULWDJH_LQ_5XPDLOD__,UDT In the northeast sector of Rumaila, Iraq, there are approximately 20 historical monuments of various sizes, with the total protection area spanning 67 square kilometers. We used the Geographic Information System (GIS) to analyze, evaluate and SURFHVV_DOO_VSDWLDO_GDWD_RI_WKH_5XPDLOD_RLO_΋HOG_DQG_FUHDWHG_D_GHGLFDWHG_PDS_RI_FXOWXUDO_DUWLIDFWV_LQ_WKH_5XPDLOD_RLO_΋HOG__ZKLFK_ DOHUWV_DXWKRUL]HG_XVHUV_RI_WKH_PDS_WR_PDMRU_FXOWXUDO_PRQXPHQW_ERUGHUV_DQG_ORFDWLRQV_LQ_WKH_5XPDLOD_RLO_΋HOG__:H_FRQGXFW_ environmental studies on all oil production plans and activities in this area to ensure the safety and protection of Iraqi cultural PRQXPHQWV_ZLWKLQ_RXU_RLO_΋HOG_SURGXFWLRQ_V¥VWHP__2XU_XVH_RI_WKH_*,6_V¥VWHP_WR_SURWHFW_FXOWXUDO_PRQXPHQWV_KDV_UHFHLYHG_ recognition and praise from Qahtan Al Abeed, Director of Basrah Antiquities & Heritage and Director of Basrah Museum. Protecting Aboriginal Rights in Canada and Building Mutual Win-Win Relationships with Local Communities In Canada, our subsidiary respect and protect aboriginal rights as we strive to build mutual win-win relationships with aboriginal communities. We have formulated our Aboriginal Relations Policy which provides a framework for the development and maintenance of peaceful relations with aboriginal communities living in the area of our assets, projects and operations. We have established an aboriginal relationship committee (ARC) to identify risks and opportunities in relation to aboriginal VWDNHKROGHUV__,Q_______ZH_IRUPXODWHG_DQ_$ERULJLQDO_,QFLGHQW_1RWL΋FDWLRQ_3URFHGXUHV_WR_VSHFLI¥_WKH_SURFHGXUHV_IRU_QRWLI¥LQJ_ aboriginal communities and hunters in the event of emergencies in our MacKay River oil sands and Duvernay shale projects. :H_KDYH_HVWDEOLVKHG_SDUWQHUVKLSV_DQG_VLJQHG_DJUHHPHQWV_ZLWK_IRXU_΋UVW_QDWLRQ_FRPPXQLWLHV_DQG_WKUHH_0«WLV_FRPPXQLWLHV_VXUURXQGLQJ_ our MacKay River oil sands project, specifying our engagement and negotiation with the communities on production, operations and development plans, reporting to the local government, sharing information on potential business partnership opportunities, addressing community concerns and establishing channels and methods for building work and leadership relationships. We have established strategic partnerships with three aboriginal communities surrounding the Duvernay shale project and KDYH_HVWDEOLVKHG_D_VWDNHKROGHU_DΊDLUV_WHDP_WR_EXLOG_DQG_PDLQWDLQ_YDULRXV_IRUPV_RI_RÎFLDO_DQG_XQRÎFLDO_UHODWLRQVKLSV__LQFOXGLQJ_ external engagement, communication and management of stakeholder relationship, addressing pressing concerns, exploring GHYHORSPHQW_RSSRUWXQLWLHV__FRQYHQH_PHHWLQJV_ZLWK_JRYHUQPHQW_RÎFLDOV__ORFDO_FRPSDQLHV_DQG_FRPPXQLW¥_UHSUHVHQWDWLYHV_ to discuss key issues affecting the communities and explore solutions; hold regular meetings with aboriginal leaders and FRQWDFW_SHUVRQV_WR_VKDUH_SURGXFWLRQ_DQG_RSHUDWLRQV_LQIRUPDWLRQ_RI_WKH_&RPSDQ¥__H[SORULQJ_PXWXDOO¥_EHQH΋FLDO_RSSRUWXQLWLHV__ providing essential funding, training, employment and business opportunities for key aboriginal community development; participating in aboriginal community cultural activities to understand their history, culture and development vision. We also incorporate aboriginal companies into our supply chain so that the aboriginal community can share in the fruits of our development through our sustained, long-term partnership. In 2022, our Canada subsidiary spent over CAD8 million on procurement of services and material from aboriginal companies. __

SOCIAL CONTRIBUTION Overseas Security and Human Rights Protection We strictly comply with the laws, regulations and human rights protection requirements of the countries where our operations are located. All contracts on operation and management of contractors are strictly performed in accordance with the relevant local requirements and regulations set forth by the relevant authorities. We endeavor to ensure that the rights and interests of both our Company and our employees are maximized and maintained in a fair and equitable manner. We also require security contractors to conduct their work in a responsible and ethical manner and prohibit them from excessive use of force or engaging in human rights abuse. The Kazakhstan PK company evaluates the qualifications of security contractors in accordance with our In tender and bidding regulations and selects qualified, competent and experienced security contractors, who are required to comply with the relevant laws and regulations of the local government in relation to wages, paid leave, welfare, pension fund contributions, working conditions and labor protection Central appliance. Our contractors are contractually responsible for ensuring and implementing employee safety. Asia Meanwhile, to eliminate potential discrimination and unfair treatment, the PK Company may exercise veto over reassignments of security personnel. We conduct satisfaction survey on security services annually to identify and resolve issues in a timely manner. Our West Qurna project in Iraq has formulated security policies and is committed to observing Iraqi Law and the internationally recognized Voluntary Principles on Security and Human Rights (VPSHR) where oil field armed security and private security operates, so as to ensure that the production, lifestyle and dignity of our stakeholders are unharmed under the framework of respecting human rights and In basic freedom while offering secure protection for our operations. To date, we have not received any Middle complaints against excessive use of force or infringement of human rights. In Rumaila, our subsidiary has formulated a security contractor management standard which incorporates social impact as part of our East evaluation criteria for security contractors. We conduct background checks and criminal record verification on all security personnel, and those who fail to meet our criteria are not employed. We incorporate Code of Ethics, Expectations of Behavior, International Code of Conduct, Rules for the Use of Force into our core training program for security personnel and conduct regular inspections on the performance of security contractors to evaluate the effectiveness of such training as well as our impact on society. CUSTOMER The Company practices a “quality-first” principle, an “honest, trustworthy, and excellent” approach to quality, and pursues “zero accidents and zero defects” and “domestic and SERVICE international market leader” objectives. We continue to improve our quality management system, carry out extensive quality upgrades, organize and establish quality management infrastructure such as measurements, standards, certifications and accreditations, and inspections and testing, to create outstanding products and iconic brands, enhance our brand influence and reputation, and strive to provide clean, high-quality, and diversified products and services for consumers.

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Product Quality and Safety We provide consumers with products that meet legal requirements and standards in a responsible manner. Our Company strictly complies with the Law of the People’s Republic of &KLQD_RQ_3URGXFW_4XDOLW¥__WKH_5HJXODWLRQV_RI_WKH_3HRSOHȆV_5HSXEOLF_RI_&KLQD_RQ_&HUWL΋FDWLRQ_ and Accreditation, the Regulations of the People’s Republic of China on Administration of Production License of Industrial Products and other applicable laws and regulations concerning quality management and formulated the Measures for Quality Management, the Administrative Rules on Supervision and Random Inspection of Product Quality, and WKH_5XOHV_RQ_4XDOLW¥_6XSHUYLVLRQ_RI_3XUFKDVHG_0DWHULDOV__DQG_RWKHU_VSHFL΋F_PDQDJHPHQW_ regulations and implementation rules covering all enterprises, all employees and the entire process. Through the establishment and accreditation of the quality management system, we can gradually delegate the responsibility of quality control to employees at every level, enhance control over process quality, monitor end-product quality and adopt a quality management approach where we take “all employees, all factors, all processes, and all data” into consideration. When providing products to consumers, we consider our Company’s overall impact on consumers and ensure that our products are safe and up-to-standards. We perform thorough product quality inspections that cover raw materials, intermediate products and end products. We place high emphasis on the importance of customer communication, thus provide detailed information about the performance and physical and chemical indicators of products to customers. We also established a strict set of procedures for disposing UHF¥FODEOH_SURGXFWV__WR_SUHYHQW_DGYHUVH_HΊHFWV_RQ_WKH_HQYLURQPHQW_ The passing rates of our pre-shipment inspection and end-product inspection in 2022 Product Quality Testing Establishing a laboratory management system in line with the quality management in accordance with WKH_UHTXLUHPHQWV_RI_WKH_&KLQD_/DERUDWRU¥_$FFUHGLWDWLRQ_&HUWL΋FDWH__DQG_FRQGXFWLQJ_YHUL΋FDWLRQ_LQ_VWULFW_ accordance with the standard test methods used for testing Verifying and Calibrating all measuring instruments and devices, meters, etc. in strict accordance with the periodic calibration plan and calibration protocols (norms) ,PSOHPHQWLQJ_SURFHVV_TXDOLW¥_FRQWURO__DQG_FRQWUROOLQJ_TXDOLW¥_ÎŒXFWXDWLRQV_LQ_WKH_SURGXFWLRQ_SURFHVV_ through the establishment of key quality control points, the application of process capability index (Cpk) and other management tools &ROOHFWLQJ_DQG_DFFXPXODWLQJ_GDWD_DQG_LQIRUPDWLRQ_WKDW_UHÎŒHFW_TXDOLW¥_VWDWXVHV__FRQGXFWLQJ_TXDOLW¥_ analyses, and improving and strengthening our quality management system Strictly implementing the “Five Prohibitions” rule during pre-shipment inspections, which prohibits products with the following issues from leaving the factory: failure to meet requirements related to TXDOLW¥__FDWHJRU¥_DQG_VSHFL΋FDWLRQV_JUDGHV__IDLOXUH_WR_SDVV_DOO_DQDO¥VHV_DQG_DOO_LWHPV_RQ_WKH_LQVSHFWLRQ_ FKHFNOLVW__IDLOXUH_WR_REWDLQ_D_SURGXFW_TXDOLW¥_LQVSHFWLRQ_FHUWL΋FDWH__KDYLQJ_SDFNDJLQJ_RU_FRQWDLQHUV_WKDW_IDLO_ to meet the standards; failure to submit samples as required ___

Enhancing Product Quality to Satisfy Market Demand 1-butanol is an important organic raw material used in the petrochemical industry for producing butyl acetate and butyl acrylate. As a major 1-butanol supplier, PetroChina’s 1-butanol output accounts for approximately 16% of the total 1-butanol output in China. To satisfy the demands for high-end pressure-sensitive adhesives, water-based coatings and other uses, our Company organized our 1-butanol manufacturers to conduct a full-scale market research where they conducted on-site interviews with users, determined quality improvement objectives and developed plans to achieve quality breakthroughs. Through technical transformation and upgrading, we sought to eliminate quality bottlenecks in RXU_SURGXFW_UH΋QLQJ_SURFHVV_LQ_D_WDUJHWHG_PDQQHU__7KH_TXDOLW¥_RI_RXU___EXWDQRO_KDV_VLQFH_LPSURYHG_VLJQL΋FDQWO¥__ZKLFK_ VDWLV΋HG_FXVWRPHUVȆ_GHPDQG_IRU_KLJKHU_TXDOLW¥_SURGXFWV_ Recycling process of lubricant products Clients make a request for recycling products In 2022, our Company raised our standards in product quality and service quality and endeavoured to provide diversified and high-quality products to consumers. We implement internal quality control standards that are higher than national standards, fully completed the upgrade of oil products to meet the China VIB standard, and developed and produced upgraded chemical products and new chemical materials. In China 5H΋QHG_SURGXFWV_VDOHV Natural gas sales 105.164 million tons 207.096 billion cubic meters Output of new chemical materials Year-on-year increase 855,000 tons 56 % Output of new chemical products Year-on-year increase 840,000 tons in 119 grades 126 % ___

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT All subsidiaries under our Company have established and implemented a quality management system in accordance with the ISO9001 standard. The number of subsidiaries FHUWLILHG_E¥_WKH_4XDOLW¥_0DQDJHPHQW_ System (ISO9001) reached 296 and Safety Product Quality 100% Passing rate of third-party accreditation performed under the quality management system 0 % Products recalled for safety and health reasons Major Developments Regarding Quality Management in 2022 Key focus Details Establishing a longstanding mechanism for Formulated a plan for becoming a quality enterprise TXDOLW¥_LPSURYHPHQW By performing QHSE system check, special check and the “Quality Month” activities, we organized “Quality Check” activity regarding the quality of procured items, wellbores, 3HUIRUPLQJ_TXDOLW¥_ oil products and transport links audits Checked and endorsed our Kunlun brand, 782 petrochemical products passed our check, the reputation of brands with a focus on quality growing steadily Carried out the “Quality Month” activity, under which, we organized 2,688 publicity events over the internet and new media technology, 270 “Quality Open Days” and 324 Creating a culture “Customer Experience Days” RI_TXDOLW¥ Held a Quality Control (QC) Conference to present our QC results Encouraged our employees to participate in a quiz on comprehensive quality management Upgraded chemical products to further improve the quality of 19 key products Improving product To ensure that our refined oil products have been TXDOLW¥ comprehensively upgraded, we conducted random inspections on 3,167 batches of petrol, ensuring that products entering the end market met the China VIB standard ___

Consumers’ Rights and Interests We strictly abide by applicable laws, regulations and international standards relating to advertisements, labelling and privacy of products and services such as the Law of the People’s Republic of China on Protection of Consumers’ Rights and Interests and the United Nations Guidelines for Consumer Protection. Our Company established customer data management rules and acted in strict accordance with the rules in the management and use of customer data, so as to safeguard the security and privacy of consumer data. Raising data security Data collection Data storage awareness of data management personnel Except for necessary personal information that we use to offer better services and improve customers’ experience, no other data is collected from customers All information collected is technically encrypted and transmitted to a database located in a central data center at our Company’s headquarters for storage. The database uses security components to encrypt and store information Information on the database is secured by an internal management system; it can only be retrieved and managed by authenticated and authorized personnel; customer private information is redacted from search results Formulated the Measures for the Administration of Cybersecurity of our Company and provided training to relevant personnel Established a cybersecurity management system headed by senior management staff, controlled by specialized personnel, and managed by a special team on a regular basis. Customer information is therefore protected to the greatest extent by multiple layers of security Our Company is committed to a customer-centric approach and constantly improves our service awareness. As we improve customer service standards and standardize the customer service workflow, customers’ complaints are duly addressed, and the legitimate rights and interests of our consumers are protected accordingly. A centralized 956100 customer service center was established for handling customer complaints and 956100 giving feedback to customers. Complaints about the sales of customer hotline refined oil are categorized into different levels and handling procedures, and are expected to be handled within a specific timeframe. ___

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Complaints Handling Customer 2,075 Number of customer complaints 100 % Customers complaint response rate Satisfaction rate towards PetroChina’s 956100 customer service hotline 97.9% According to the 2022 China Brand Power IndexSM (C-BPI) brand ranking and analysis report released by Chnbrand, a renowned brand rating institute, PetroChina came 2rdin the overall brand rating Customer Complaints Resolution and Service Improvement Customers Complaints and Analysis of Issues Improvements Feedback on Issues Analysis of customer Conducting service Supervising the complaints quality benchmarking rectification of issues Visits by mystery Conducting customer Regularly summarizing shoppers satisfaction survey our lessons learned Video surveillance Analyzing the issues Conducting service of stations identified training Implementing more rigorous service standards Improving service quality Our Company highly respects intellectual property rights. Accordingly, we monitor and assess risks associated with core and key trademarks on a monthly basis, and based on the relevant risk assessment results, file applications with the national trademark administration authority to register, invalidate and oppose trademark applications. Corresponding measures will be taken to protect our Company against trademark infringement and unfair competition, to safeguard our exclusive right to use our trademarks. Value-added Services Placing customer satisfaction at the heart of our business, we constantly improve the quality of our products and services and work hard to improve our service network and its functions. In 2022, We fully leveraged our networking strengths and took the priority to work on desired projects, constructed demonstrative hydrogen refueling stations and charging (swapping) stations, and established a new battery leasing platform, with the aim of driving the transition and upgrading of our sales business towards an integrated service covering oil, gas, hydrogen, electricity and non-oil products. ___

PERFORMANCE DATA PERFORMANCE DATA Category Indicator 2020 2021 2022 Board Diversity Independent directors1 (%) 45.5 41.7 36.4 By gender -Male (%) 90.9 91.7 90.9 -Female (%) 9.1 8.3 9.1 By professional background -Legal (%) 9.1 8.3 9.1 Governance -Finance/accounting (%) 18.2 16.7 9.1 -Economics (%) 18.2 16.7 18.2 -Petrochemical (%) 54.5 58.3 63.6 Compliance Management and Integrity Risk Control Management Coverage rate of compliance training (%) 100 100 100 Coverage of integrity risk prevention training for staff (including members - 100 100 of the Board and all employees) (%) Fatality rate (persons/100 million working hours) 0.08 0.09 0.09 - Company staff (persons/100 million working hours) 0.12 0.12 0.06 - Contractor/service provider (persons/100 million working hours) 0.00 0.00 0.16 Total accident rate (incidents/million working hours) 0.0495 0.0541 0.0191 - Company staff (incidents/million working hours) 0.0660 0.0707 0.0237 - Contractor/service provider (incidents/million working hours) 0.0087 0.0108 0.0079 Work-related fatalities (persons) 2 2 2 Safety - Company staff (persons) 2 2 1 - Contractor/service provider (persons) 0 0 1 Loss of working days due to work-related injury (days) 6,806 8,651 5,146 - Company staff (days) 3,716 8,417 2,574 - Contractor/service provider (days) 3,090 234 2,572 Number of subsidiaries certified by the HSE Management System - - 116 (Q/SY080, one independent non-executive director of the Board resigned, and the proportion of the indendent non-executive directors was lower than that for last year. Our Company is actively looking for the candidate. The proportion of the independent non-executive directors of the Board complies with the relevant rule reuqirements. 105

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Category Indicator 2020 2021 2022 ()( Total GHG emissions2 (million tCO 2 e) 167.44 159.54 160.56 -Direct GHG emissions3 (Scope 1) (million tCO 2 e) 127.57 121.39 119.68 -Indirect GHG emissions 4 (Scope 2) (million tCO 2 e) 39.87 38.15 40.88 -Oil and gas and new energy business (million tCO 2 e) 55.69 54.00 53.39 _5H΋QLQJ__FKHPLFDOV_DQG_QHZ_PDWHULDOV_EXVLQHVV__PLOOLRQ_W&2 2 e) 93.93 97.16 98.81 Climate Change -Other businesses (million tCO 2 e) 17.82 8.38 8.36 Domestic GHG emissions per unit of oil and gas production5 (tCO 2 e/toe) 0.28 0.25 0.24 Methane emissions (10,000 tons)—42.81 40.09 Methane emission intensity (%)—0.45 0.40 Recovery from gas venting (100 million m3) — 15.5 5SBOTJUJPO_UP_-PX_$BSCPO_&OFSHZ_4PVSDFT Investment in new energies and new businesses (RMB 100 million)—21.8 76.7 8BUFS_3FTPVSDFT Fresh water consumption (10,000 m3) 76,995 75,004 74,688 Year-on-year change in fresh water consumption (%) -3.01 -2.59 -0.42 Fresh water consumption for processing 1 ton of crude oil (m3) 0.515 0.488 0.481 Water saved (10,000 m3) 944 969 871 -BOE_3FTPVSDFT Environment Newly-acquired construction land used in an economical manner (hectares) 1,190 1,120 1,280 &OFSHZ_$POTVNQUJPO Total energy consumption6 (10,000 tons of standard coal) 6,406 6,273 6,245 Total raw coal consumption7 (10,000 tons) 1,289 1,327 1,232 Total crude oil consumption8 (10,000 tons) 172 168 159 Total natural gas consumption9 (100 million m3) 187 175 177 Total electricity consumption10 (100 million kWh) 553 525 564 È2-5È® GHG emissions are direct emissions (Scope 1) and indirect emissions (Scope 2) arising within our Company’s operational boundary. Our domestic projects mainly comply with the Guide to Accounting Methods and Reporting of Greenhouse Gas Emissions by China’s Oil and Gas Producers (Trial Implementation) (No. 2920 [2014] on Climate, National Development and Reform Commission (“NDRC”)), the Guide to Accounting Methods and Reporting of Greenhouse Gas Emissions by China’s Petrochemical Companies (Trial Implementation) (No. 2920 [2014] on Climate, NDRC), the Guide to Accounting Methods and Reporting of Greenhouse Gas Emissions by China’s Chemical Production Enterprises (Trial Implementation) (No. 2526 [2016] on Climate, NDRC) and other relevant industry guidelines and standards issued by the State for accounting purposes; while for overseas projects, local accounting standards and requirements of

PERFORMANCE DATA Category Indicator 2020 2021 2022 Energy saved (10,000 tons of standard coal) 76 70 71 Comprehensive energy consumption per unit of oil and gas equivalent 118 116 109 production (kg standard coal/ton) Unit energy factor consumption for refining11 (kg of standard oil/ ton of 8.13 7.89 7.89 factor) Consumption for producing ethylene products per unit12 (kg standard 658 651 604 oil/ton) Pollutant Emissions Amount of general solid waste13 (10,000 tons) - 260.3 248.5 Amount of hazardous waste14 (10,000 tons) - 139.6 94.3 Environment Compliant disposal rate of general solid waste (%) - 100 100 Compliant disposal rate of hazardous waste (%) - 100 100 Chemical oxygen demand (COD) emissions15 (10,000 tons) 2.35 0.53 0.50 Sulfur dioxide (SO2) emissions16 (10,000 tons) 8.84 1.11 0.92 Nitrogen oxides (NOX) emissions 17 (10,000 tons) 7.76 5.64 5.01 Volatile organic compounds (VOCs) emissions (from refining operations) - 7.06 6.82 (10,000 tons) Environmental Protection Environmental protection expenditures (RMB 100 million) - 39.2 38.9 Number of subsidiaries certified by the Environmental Management - - 105 System (ISO14001) Number of employees18 (10,000) 43.20 41.72 39.84 Employee Diversity Percentage of female administrative staff (%) 7.28 7.21 7.17 Percentage of ethnic minority employees (%) 6.61 6.63 6.70 Percentage of foreign employees in overseas projects (%) 95.15 95.21 96.69 Employee By Employment Type -Full-time employees (%) 100 100 100 -Part-time employees (%) 0 0 0 By Gender -Male employees (%) 72.48 73.95 75.46 -Female employees (%) 27.52 26.05 24.54 11-12 In 2021, our Company adjusted the statistical methods for two indicators, the “unit energy factor consumption for refining” and “consumption for producing ethylene products per unit”, in accordance with the national standards, the Norm of Energy Consumption Per Unit Product for Petroleum Refining (GB30251) and the Norm of Energy Consumption Per Unit Product of Ethylene Plant (GB30250). Our Company also restored the 2020 data according to the same standards. In 2022, according to the definition of national standard, we renamed “fuel and power consumption for producing ethylene products” to “consumption for producing ethylene products per unit”, the analysis and calculation of them are the same. 13-14 The amount of solid waste disposed of by third-party institutions with relevant qualifications commissioned by our Company. 15-17 Since 2018, our Company has been implementing the state requirements to win the strategic fight against pollution. Since then, we have been vigorously upgrading our wastewater treatment standards, improving our exhaust gas emissions to meet ultra low emissions standards, applying clean production methods, substituting fossil fuels with cleaner fuels, and implementing other engineering and structural projects to reduce carbon, and significantly reduced our pollutant emissions. At the same time, in accordance with the results of the Second National Census on Pollution Sources and the specific standards for pollutant emissions accounting stipulated in the Technical Specifications for Application and Issuance of Pollutant Permits for industries relating to our Company’s business, starting from 2021, our Company’s pollutant emission statistics has been calculated using the preferred accounting method of using online monitoring data of pollution sources. The exhaust emission data includes flaring emissions. 18 Excluding staff employed through labor dispatching, for seasonal employment, temporary work and third-party staff 107

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Category Indicator 2020 2021 2022 By Age -25 years old or below (%) 1.29 1.60 1.99 -26-35 years old (%) 12.56 11.39 10.32 -36-45 years old (%) 27.35 25.11 23.88 -46-55 years old (%) 49.08 50.10 50.89 -56 years old or above (%) 9.72 11.80 12.92 By Position -Administrative staff (%) 28.57 28.88 29.06 -Professional and technical staff (%) 14.08 14.63 15.41 -Operating staff (%) 57.35 56.49 55.53 By Education -Master’s degree and above (%) 4.23 4.55 4.99 -Bachelor’s degree (%) 34.82 36.00 37.39 -College degree (%) 22.80 22.57 22.31 -Technical secondary school and below (%) 38.15 36.88 35.31 Employee By Country and Region -China (%) 99.7 99.7 99.7 -Countries and regions other than China (%) 0.3 0.3 0.3 Employee Health Number of subsidiaries certified by the Occupational Health and Safety - - 107 Management System (ISO45001) Creation of occupational health records for employees (%) 100 100 100 Detection rate of occupational health hazards in the workplace (%) 99.33 99.22 100.00 Employees exposed to occupational health hazards receiving health 99.25 100.00 99.15 checks (%) Employee Training Average training time per person19 (hour) 32.4 30.5 37.9 -Average training time per administrative staff (hour) - 20.7 37.5 -Average training time per professional and technical staff (hour) - 10.5 11.2 -Average training time per operating staff (hour) - 40.7 45.5 -Average training time per male employee (hour) - 36.7 38.9 -Average training time per female employee (hour) - 12.9 34.8 19 In 2021, our Company changed the formula of the indicator “Average training time per person” from “Average training time per person = Total training time/Number of trainees” to “Average training time per person = Total training time/Number of employees”, in keep line with HKEX’s ESG Reporting Guide. Our Company also adjusted the 2020 data in accordance with the same standards. 108

PERFORMANCE DATA Category Indicator 2020 2021 2022 Training rate of employees (%) - 100 100 -Training rate of administrative staff (%) - 100 100 -Training rate of professional and technical staff (%) - 100 100 -Training rate of operating staff (%) - 100 100 -Training rate of male employees (%) - 100 100 -Training rate of female employees (%) - 100 100 Staff Turnover Rate Staff turnover rate (%) 0.27 0.22 0.14 Employee -Turnover rate of male employees (%) - 0.21 0.14 -Turnover rate of female employees (%) - 0.23 0.16 -Turnover rate of employees aged 25 or below (%) - 2.38 1.34 -Turnover rate of employees aged 26-35 (%) - 0.81 0.49 -Turnover rate of employees aged 36-45 (%) - 0.22 0.15 -Turnover rate of employees aged 46-55 (%) - 0.06 0.05 -Turnover rate of employees aged 56 or above (%) - 0.05 0.06 Employees who returned to work and kept their posts after taking 100 100 100 maternity/paternity leave (%) Tax Payment According to Law Taxes and fees (RMB 100 million) 2,812 3,536 4,618 -Overseas taxes (RMB 100 million) 238 375 574 Supply Chain Number of material suppliers20 23,699 20,527 21,890 -Suppliers registered in China21 - 19,885 21,331 Society 22 -Suppliers registered in countries/regions other than China - 642 559 Percentage of tier 1 manufacturers certified by the Quality Management 23 98.14 98.01 98.03 System (ISO9001) (%) Percentage of tier 1 manufacturers certified by the Environmental 24 92.73 93.16 94.14 Management System (ISO14001) (%) Percentage of tier 1 manufacturers certified by the Occupational Health 25 91.20 91.49 93.14 and Safety Management System (ISO45001) (%) Procurement expenditures (RMB 100 million) 1,683 1,806 2,015 20-25 Data of suppliers involved in our Company’s domestic business and international business is excluded. 109

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Category Indicator 2020 2021 2022 1SPEVDUT_BOE_4FSWJDFT Passing rate of third-party accreditation performed under the quality management system (%) 100 100 100 1XPEHU_RI_VXEVLGLDULHV_FHUWL΋HG_E¥_WKH_4XDOLW¥_0DQDJHPHQW_6¥VWHP_ (ISO9001) — 296 Number of customer complaints—4,111 2,075 Customers complaint response rate (%)—100 100 Products recalled for safety and health reasons (%)—0 0 Society 1VCMJD_8FMGBSF Total contributions to public welfare (RMB 10,000) 39,623 62,580 58,272 -Contribution to poverty alleviation (RMB 10,000) 11,954 38,984 30,274 -Educational donations (RMB 10,000) 2,656 4,851 4,530 -Donations to disaster relief (RMB 10,000) 1,172 3,992 5,133 -Environmental protection (RMB 10,000) 375 216 781 -Other contributions to public welfare26 (RMB 10,000) 23,466 14,537 17,554 È26È®Including social public welfare investment such as medical and health care, culture and sports, construction of social public welfare facilities, donations for disabled people’s undertakings, other public welfare relief, and donations for public welfare undertakings.

INDEPENDENT PRACTITIONER’S ASSURANCE REPORT ASSURANCE REPORT INDEPENDENT PRACTITIONER’S 2023/SH-0174 (Page1/3) _ (QJOLVK_7UDQVODWLRQ_IRU_5HIHUHQFH_2QO¥_ _ ,QGHSHQGHQW_SUDFWLWLRQHU¶V_DVVXUDQFH_UHSRUW__ To the Board of Directors of PetroChina Company Limited We have been engaged to perform a limited assurance engagement on the selected 2022 key data as defined below in the 2022 Environmental, Social and Governance Report (“ESG report”) of PetroChina Company Limited (the “Company”). 6HOHFWHG_.H¥_‘DWD_ _ The selected key data in the Company’s 2022 ESG Report that is covered by this report is as follows: Fatality rate Total accident rate Work-related fatalities Employees exposed to occupational health hazards receiving health checks Total GHG emissions Direct GHG emissions (Scope 1) Indirect GHG emissions (Scope 2) Chemical oxygen demand (COD) emissions Nitrogen oxides (NOX) emissions Total energy consumption Energy saved Fresh water consumption Water saved Number of employees Percentage of female administrative staff Staff turnover rate Our assurance was with respect to the year ended 31 December 2022 information only and we have not performed any procedures with respect to earlier periods or any other elements included in the 2022 ESG report. &ULWHULD__ The criteria used by the Company to prepare the selected key data in the 2022 ESG report is set out in the basis of reporting of the key data (the “basis of reporting”) after this assurance report. _ ___

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2023/SH-0174 (Page2/3)_ H 0DQDJHPHQW¶V_5HVSRQVLELOLWLHV_ The Management of the Company is responsible for the preparation of the selected key data in the 2022 ESG report in accordance with the basis of reporting. This responsibility includes designing, implementing and maintaining internal control relevant to the preparation of the selected key data in the 2022 ESG report that is free from material misstatement, whether due to fraud or error. 2XU_,QGHSHQGHQFH_DQG_4XDOLW¥_0DQDJHPHQW_ _ We have complied with the independence and other ethical requirement of the International Code of Ethics for Professional Accountants (including International Independence Standards) issued by the International Ethics Standards Board for Accountants, which is founded on fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. Our firm applies International Standard on Quality Management 1, which requires the firm to design, implement and operate a system of quality management including policies or procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. 3UDFWLWLRQHU¶V_5HVSRQVLELOLWLHV_ It is our responsibility to express a conclusion on the selected key data in the 2022 ESG report based on our work. We conducted our work in accordance with the International Standard on Assurance Engagements 3000 (Revised) “Assurance Engagements Other Than Audits or Reviews of Historical Financial Information”. This standard requires that we plan and perform our work to form the conclusion. The procedures performed in a limited assurance engagement vary in nature and timing from, and are less in extent than for, a reasonable assurance engagement. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. Accordingly, we do not express a reasonable assurance opinion about whether the Company’s 2022 selected key data in the 2022 ESG report has been prepared, in all material respects, in accordance with the basis of reporting. Our work involves assessing the risks of material misstatement of the selected key data in the 2022 ESG report, whether due to fraud or error, and responding to the assessed risks. The extent of procedures selected depends on our judgment and assessment of the engagement risk. Within the scope—2—___

INDEPENDENT PRACTITIONER’S ASSURANCE REPORT 2023/SH-0174___ ________(Page3/3) of our work, we have performed the following procedures in the Head Office of the Company, Dagang Oil field Branch and Yunnan Petrochemical Branch. We have not conducted work in other branches. 1) Interviews with relevant departments of the Company involved in providing information for the selected key data within the ESG report; and Analytical procedures; Examination, on a test basis, of documentary evidence relating to the selected key data on which we report; Recalculation; and Other procedures deemed necessary. _ ,QKHUHQW_/LPLWDWLRQ_ The absence of a significant body of established practice on which to draw to evaluate and measure non-financial information allows for different, but acceptable, measures and measurement techniques and can affect comparability between entities. &RQFOXVLRQ_ Based on the procedures performed and evidence obtained, nothing has come to our attention that causes us to believe that the 2022 selected key data in the 2022 ESG report is not prepared, in all material respects, in accordance with the basis of reporting. _ 5HVWULFWLRQ_RQ_8VH_ _ Our report has been prepared for and only for the board of directors of the Company and for no other purpose. We do not assume responsibility towards or accept liability to any other person for the content of this report. 3ULFHZDWHUKRXVH&RRSHUV_=KRQJ_7LDQ_//3_ Shanghai, China March 29, 2023—3—___

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Basis of Reporting )DWDOLW¥_UDWH__SHUVRQV_____PLOOLRQ_ZRUNLQJ_KRXUV___ Fatality rate disclosed herein refers to the ratio of fatalities in industrial production safety accidents to total working hours of PetroChina Company Limited in 2022. 7RWDO_DFFLGHQW_UDWH__LQFLGHQWV_PLOOLRQ_ZRUNLQJ_KRXUV__ Total accident rate disclosed herein refers to the ratio of the number of industrial production safety accidents to total working hours of PetroChina Company Limited in 2022. :RUN_UHODWHG_IDWDOLWLHV__SHUVRQV__ Work-related fatalities herein refer to the number of people who died in industrial production safety accidents of PetroChina Company Limited in 2022. (PSOR¥HHV_H[SRVHG_WR_RFFXSDWLRQDO_KHDOWK_KD]DUGV_UHFHLYLQJ_KHDOWK_FKHFNV_____ Employees exposed to occupational health hazards receiving health checks herein refers to the ratio of the number of completed occupational health examinations for employees exposed to occupational disease hazards to the planned number of occupational health examinations for employees exposed to occupational disease hazards of PetroChina Company Limited in 2022. Total GHG emissions (million tCO2H__ Total GHG emissions disclosed herein refers to the sum of direct GHGs emissions and indirect GHGs emissions produced by subsidiaries of PetroChina Company Limited in 2022. Direct GHG emissions (Scope 1) (million tCO2H__ Direct GHG emissions disclosed herein refers to the total direct GHGs emissions from fuel combustion emissions, process emissions, fugitive emissions, etc. produced by subsidiaries of PetroChina Company Limited in 2022. Indirect GHG emissions (Scope 2) (million tCO2H___ Indirect GHG emissions disclosed herein refers to indirect GHGs emissions from consumption of purchased electricity, purchased steam, etc. produced by subsidiaries of PetroChina Company Limited in 2022. &KHPLFDO_R[¥JHQ_GHPDQG__&2’__HPLVVLRQV_________WRQV___ Chemical oxygen demand (COD) emissions disclosed herein refers to the total amount of COD in the wastewater discharged during the production process by subsidiaries of PetroChina Company Limited in 2022. Nitrogen oxides (NOX__HPLVVLRQV_________WRQV___ Nitrogen oxides (NOX) emissions disclosed herein refers to the total amount of NOX emissions discharged during the production process by subsidiaries of PetroChina Company Limited in 2022. 7RWDO_HQHUJ¥_FRQVXPSWLRQ_________WRQV_RI_VWDQGDUG_FRDO___ Total energy consumption disclosed herein refers to the total amount of energy converted into standard coal and consumed by subsidiaries of PetroChina Company Limited in 2022, excluding energy consumed as raw materials for production and energy supplied outside the company. (QHUJ¥_VDYHG_________WRQV_RI_VWDQGDUG_FRDO___ Energy saved disclosed herein refers to the sum of the year-on-year savings on energy consumption saved by subsidiaries of PetroChina Company Limited in 2022, under the premise of producing the same products and completing the same processing or workload, and the amount of energy consumption saved various energy-saving projects. Fresh water consumption (10,000 m3___ Fresh water consumption disclosed herein refers to the amount of water used for the first time by subsidiaries of PetroChina Company Limited in 2022, from tap water, surface water, groundwater sources, excluding seawater, bittern brackish water, sewage, reclaimed water, and water supplied outside the enterprise. Water saved (10,000 m3) Water saved disclosed herein refers to the sum of the amount of fresh water saved by subsidiaries of PetroChina Company Limited in 2022, under the premise of producing the same products and completing the same amount of treatment or workload, and the amount of fresh water saved by various water-saving projects. 1XPEHU_RI_HPSOR¥HHV___________ The number of employees disclosed herein refers to the registered personnel employed by PetroChina Company Limited in 2022 who have signed labor contracts with the company, excluding labor dispatch, seasonal employment, temporary employment, and third-party personnel. 3HUFHQWDJH_RI_IHPDOH_DGPLQLVWUDWLYH_VWDΊ_____ Percentage of female administrative staff disclosed herein refers to the ratio of female employees working in management positions to the total number of employees employed by PetroChina Company Limited in 2022. 6WDΊ_WXUQRYHU_UDWH_____ The staff turnover rate disclosed herein refers to the proportion of employees who voluntarily resign from PetroChina Company Limited in 2022 to the total number of employees. ___

HONG KONG STOCK EXCHANGE ESG REPORTING GUIDE CONTENT INDEX ESG REPORTING GUIDE CONTENT INDEX HONG KONG STOCK EXCHANGE Aspect Mandatory Disclosure Indicator Page Number A statement from the Board containing the following elements: (i) a disclosure of the Board’s oversight of ESG issues; Governance (ii) the Board’s ESG management approach and strategy, including the process used to evaluate, Inside front Structure prioritise and manage material ESG-related issues (including risks to the issuer’s businesses); and cover (iii) how the Board reviews progress made against ESG-related goals and targets with an explanation of how they relate to the issuer’s businesses. A description of, or an explanation on, the application of the following Reporting Principles in the preparation of the ESG report: Materiality: The ESG report should disclose: (i) the process to identify and the criteria for the selection of material ESG factors; (ii) if a stakeholder engagement is conducted, a description of significant stakeholders identified, and the process and results of the issuer’s stakeholder engagement. Reporting Principles Quantitative: Information on the standards, methodologies, assumptions and/or calculation tools 2-5 used, and source of conversion factors used, for the reporting of emissions/energy consumption (where applicable) should be disclosed. Consistency: The issuer should disclose in the ESG report any changes to the methods or KPIs used, or any other relevant factors affecting a meaningful comparison. Reporting A narrative explaining the reporting boundaries of the ESG report and describing the process used to identify which entities or operations are included in the ESG report. If there is a change in the scope, 2 Boundary the issuer should explain the difference and reason for the change. Subject Area Aspect Comply or Explain Indicator Page Number General Disclosure Information on: (a) the policies; and 38, 59-64 (b) compliance with relevant laws and regulations that have a significant impact on the issuer relating to air and greenhouse gas emissions, discharges into water and land, and generation of hazardous and non-hazardous waste. KPI A1.1 The types of emissions and respective emissions data. 106-107 Direct (Scope 1) and energy indirect (Scope 2) greenhouse gas emissions (in Aspect KPI A1.2 tonnes) and, where appropriate, intensity (e.g. per unit of production volume, 106 Environmental A1: per facility). Emissions Total hazardous waste produced (in tonnes) and, where appropriate, intensity KPI A1.3 107 (e.g. per unit of production volume, per facility). Total non-hazardous waste produced (in tonnes) and, where appropriate, KPI A1.4 107 intensity (e.g. per unit of production volume, per facility). KPI A1.5 Description of emission target(s) set and steps taken to achieve them. 38-49, 63-64 Description of how hazardous and non-hazardous wastes are handled, and a KPI A1.6 64 description of reduction target(s) set and steps taken to achieve them. ___

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Subject Area Aspect Comply or Explain Indicator Page Number General Disclosure 59-62 Policies on the efficient use of resources, including energy, water and other raw materials. Direct and/or indirect energy consumption by type (e.g. electricity, gas or oil) KPI A2.1 in total (kWh in ‘000s) and intensity (e.g. per unit of production volume, per 106-107 facility). Aspect A2: KPI A2.2 Water consumption in total and intensity (e.g. per unit of production volume, 106 Use of per facility). Resources Description of energy use efficiency target(s) set and steps taken to achieve KPI A2.3 59-62 them. Description of whether there is any issue in sourcing water that is fit for KPI A2.4 59-60 purpose, water efficiency target(s) set and steps taken to achieve them. Environmental Total packaging material used for finished products (in tonnes) and, if KPI A2.5—applicable, with reference to per unit produced. Aspect A3: General Disclosure The Policies on minimising the issuer’s significant impacts on the environment and natural 56-58 Environment resources. and Natural Description of the significant impacts of activities on the environment and KPI A3.1 56-58 Resources natural resources and the actions taken to manage them. General Disclosure Aspect A4: Policies on identification and mitigation of significant climate-related issues which have 40 Climate impacted, and those which may impact, the issuer. Change Description of the significant climate-related issues which have impacted, and those KPI A4.1 38-53 which may impact, the issuer, and the actions taken to manage them. General Disclosure Information on: (a) the policies; and 72 (b) compliance with relevant laws and regulations that have a significant impact on the issuer Aspect B1: relating to compensation and dismissal, recruitment and promotion, working hours, rest Employment periods, equal opportunity, diversity, anti-discrimination, and other benefits and welfare. Total workforce by gender, employment type (for example, full- or part-time), KPI B1.1 107-108 age group and geographical region. KPI B1.2 Employee turnover rate by gender, age group and geographical region. 109 General Disclosure Information on: (a) the policies; and 74-78 (b) compliance with relevant laws and regulations that have a significant impact on the issuer relating to providing a safe working environment and protecting employees from occupational Social Aspect B2: hazards. Health and Safety KPI B2.1 Number and rate of work-related fatalities occurred in each of the past three 105 years including the reporting year. KPI B2.2 Lost days due to work injury. 105 Description of occupational health and safety measures adopted, and how they KPI B2.3 74-78 are implemented and monitored. General Disclosure Policies on improving employees’ knowledge and skills for discharging duties at work. 79-82 Aspect B3: Description of training activities. Development The percentage of employees trained by gender and employee category (e.g. KPI B3.1 109 and Training senior management, middle management). The average training hours completed per employee by gender and employee KPI B3.2 108 category. ___

HONG KONG STOCK EXCHANGE ESG REPORTING GUIDE CONTENT INDEX Subject Area Aspect Comply or Explain Indicator Page Number General Disclosure Information on: (a) the policies; and 72 Aspect B4: (b) compliance with relevant laws and regulations that have a significant impact on the issuer Labour relating to preventing child and forced labour. Standards Description of measures to review employment practices to avoid child and KPI B4.1 72 forced labour. KPI B4.2 Description of steps taken to eliminate such practices when discovered. 72 Generally Disclose 26-27 Policies on managing environmental and social risks of the supply chain. KPI B5.1 Number of suppliers by geographical region. 109 Description of practices relating to engaging suppliers, number of suppliers Aspect B5: KPI B5.2 where the practices are being implemented, and how they are implemented 26-27 Supply Chain and monitored. Management Description of practices used to identify environmental and social risks along KPI B5.3 26-27, 77 the supply chain, and how they are implemented and monitored. Description of practices used to promote environmentally preferable products KPI B5.4 and services when selecting suppliers, and how they are implemented and 26-27 monitored. General Disclosure Information on: (a) the policies; and 103-104 (b) compliance with relevant laws and regulations that have a significant impact on the issuer relating to health and safety, advertising, labelling and privacy matters relating to products and services provided and methods of redress. Social Aspect B6: KPI B6.1 Percentage of total products sold or shipped subject to recalls for safety and 110 Product health reasons. Responsibility KPI B6.2 Number of products and service related complaints received and how they are 103-104 dealt with. Description of practices relating to observing and protecting intellectual KPI B6.3 33, 104 property rights. KPI B6.4 Description of quality assurance process and recall procedures. 100-101 Description of consumer data protection and privacy policies, and how they are KPI B6.5 103 implemented and monitored. General Disclosure Information on: (a) the policies; and 24, 26 (b) compliance with relevant laws and regulations that have a significant impact on the issuer Aspect B7: relating to bribery, extortion, fraud and money laundering. Anti- Number of concluded legal cases regarding corrupt practices brought against corruption KPI B7.1 the issuer or its employees during the reporting period and the outcomes of 24-25 the cases. Description of preventive measures and whistle-blowing procedures, and how KPI B7.2 24-25 they are implemented and monitored. KPI B7.3 Description of anti-corruption training provided to directors and staff. 24-25 General Disclosure Policies on community engagement to understand the needs of the communities where the issuer 86-99 Aspect B8: operates and to ensure its activities take into consideration the communities’ interests. Community Focus areas of contribution (e.g. education, environmental concerns, labour KPI B8.1 86-99 needs, health, culture, sport). KPI B8.2 Resources contributed (e.g. money or time) to the focus area. 110

PetroChina Company Limited 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT TCFD RECOMMENDATIONS INDEX TCFD Framework Page Numbe Governance a) Describe the Board’s oversight of climate-related risks and opportunities. 38-39 b) Describe management’s role in assessing and managing climate-related risks and opportunities. 39 Strategy a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long 40 term. b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial 40 planning. c) Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios. 41-42 Risk Management a) Describe the organization’s processes for identifying and assessing climate-related risks. 39-40 b) Describe the organization’s processes for managing climate-related risks. 39-40 c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the 43 organization’s overall risk management. Metrics and Targets a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and 43, 45, 106 risk management process. b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks. 45, 106 c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against 43, 45, 106 targets. GLOBAL COMPACT AND US The Global Compact is a global framework initiated and advocated by the United Nations aimed at the promotion of sustainable development and the collective improvement of social well-being through responsible and innovative business practices. As a member of the UN Global Compact, we are committed to observing and supporting the Ten Principles of the UN Global Compact in the areas of human rights, labour rights, environmental protection and anti-corruption. We will always follow the Ten Principles in _WKHUHRI_LQ_RXU_DQQXDO_UHSRUW_ Ten Principles in the Global Compact Corresponding Sections Herein 1.1 Sustainability Management 1.Businesses should support and respect the protection of 4.1 Employee Rights and Interests internationally proclaimed human rights 5.1 Community Impact Management Human Rights 5.3 Overseas Community Construction 2.Businesses should make sure that they are not complicit in 4.1 Employee Rights and Interests human rights abuses 5.1 Community Impact Management ___

GLOBAL COMPACT AND US / GRI AND IPIECA/API INDEX Ten Principles in the Global Compact Corresponding Sections Herein 3.Businesses should uphold the freedom of association and the 4.1 Employee Rights and Interests effective recognition of the right to collective bargaining 4.Businesses should uphold the elimination of all forms of 4.1 Employee Rights and Interests forced and compulsory labour Labour Rights 5.Businesses should uphold the effective abolition of child 4.1 Employee Rights and Interests labour 6.Businesses should uphold the elimination of discrimination in 4.1 Employee Rights and Interests respect of employment and occupation 7.Businesses should support a precautionary approach to 2 Climate Change and Energy Transition environmental challenges 3 Environmental Protection 8.Businesses should undertake initiatives to promote greater 2 Climate Change and Energy Transition Environment Protection environmental responsibility 3 Environmental Protection 6.1 Technological Innovation and Digital 9.Businesses should encourage the development and diffusion Empowerment of environmentally friendly technologies 2 Climate Change and Energy Transition 3 Environmental Protection 10.Businesses should work against corruption in all its forms, 1.2 Governance Framework Anti-Corruption 1.3 Governance including extortion and bribery 1.4 Supply Chain Management GRI AND IPIECA/API INDEX For the purpose of disclosing ESG information, we make references to the Oil and Gas Industry Guidance on Voluntary Sustainability (2020) co-published by the International Petroleum Industry Environment Conservation Association (IPIECA) and the GRI Sustainability Reporting Standards (2021) published by the Global Sustainability Standards Board. Contents IPIECA/API (2020) GRI (2021) Statement of the Board of Directors GOV-1 2-11, 2-12, 2-13, 2-14, 2-22, 2-23, 2-24 About the Report 2-2, 2-3, 2-4, 3-1, 3-2, 3-3 About Us 2-1, 2-6 GOV-1, GOV-4, CCE-1, CCE-6, Message from the Chairman 2-11, 201-2, 203-1, 203-2, 302-1, 303-1 ENV-3, SOC-7, SOC-13 Sustainability Management GOV-1 2-12, 2-13, 2-14, 2-18, 2-19, 2-22, 2-23, 2-24 Governance Framework GOV-1 2-9, 2-10, 2-11, 2-13, 2-15, 2-16, 2-17, 2-26, 2-27, 405-1 Governance GOV-1, GOV-3, SOC-8 2-26, 205-2, 205-3 Corporate Supply Chain GOV-3, SHS-1, SOC-1, SOC-2 308-1, 308-2, 414-1 Governance Management Communicating and Interacting with SOC-10, SOC-12 2-29 Stakeholders Technological Innovation and Digital CCE-3 Empowerment ___

Contents IPIECA/API (2020) GRI (2021) Response to Climate GOV-4, CCE-1, CCE-2, CCE-4, 201-2, 203-1, 305-4, 305-5 Change CCE-5 Climate Change Curbing Carbon GOV-4, CCE-3, CCE-4, CCE-5, and Energy 2-28, 305-1, 305-2, 305-4, 305-5, Transition Emissions CCE-7 Low-carbon Transition CCE-1, CCE-3 Environmental Risk SHS-1, SHS-6, SHS-7 403-1, 403-2 Management Sustainable Utilisation CCE-6, ENV-1, ENV-2, ENV-8 302-1, 302-3, 302-4, 303-1, 303-3, 303-5 of Natural Resources Environmental Protection Pollutant Discharge ENV-2, ENV-5, ENV-7 303-2, 305-7, 306-2, 306-5 Management Conservation of ENV-3, ENV-4, ENV-8, SHS-6, 304-2 Biodiversity SHS-7, SOC-3 Employee Rights and 2-7, 2-8, 401-1, 401-2, 401-3, 405-1, 408-1, SOC-5, SOC-6 Interests 409-1 Employee SHS-1, SHS-2, SHS-3, SHS-6, 403-1, 403-3, 403-5, 403-6, 403-7, 403-8, Health and Safety Rights and SHS-7, SOC-2, SOC-3, SOC-4 403-9, 410-1 Interests and Development Employee Development SOC-4, SOC-7 404-1, 404-2 Localisation and SOC-4, SOC-5, SOC-15 405-1 Diversity Community Impact SOC-1, SOC-3, SOC-9, SOC-10, SOC-11, 410-1, 413-1 Management SOC-12, SOC-13 Social and Community SHS-2, SOC-13 201-1, 203-1, 203-2, 413-1 Welfare Investment Social Contribution GOV-3, GOV-4, SHS-1, SHS-2, Overseas Community SOC-1, SOC-3, SOC-4, SOC-5, SOC-9, SOC-10, 203-1, 203-2, 204-1, 207-1, 410-1, 413-1 Construction SOC-11, SOC-12, SOC-13, SOC-14, SOC-15 Customer Service SHS-5, SHS-6 416-1, 416-2, 418-1 GOV-1, GOV-3, GOV-4, CCE-4, CCE-5, CCE-6, 2-7, 2-8, 201-1, 203-1, 205-2, ENV-1, ENV-2, 205-3, 302-1, 302-3, 302-4, 303-2, 303-3, ENV-5, ENV-7, SHS-1, SHS-2, Performance Data 303-5, 305-1, 305-2, 305-4, 305-7, 306-5, SHS-3, SHS-5, SOC-4, SOC-5, 401-1, 401-3, 403-1, 403-2, 403-3, 403-8, SOC-7, SOC-13, SOC-14, 403-9, 404-1, 405-1, 416-2 SOC-15 Independent Practitioner’s 2-5 Assurance Report

APPENDIX We strictly complied with applicable laws and regulations. Taking into account our Company’s situation, we established rules and regulations related to employment, branding, material procurement, quality, safety, environmental protection, health, and _DQG_SURFHVVHV_UHOHYDQW_WR_RXU_&RPSDQ¥__LQFOXGLQJ_EXW_QRW_OLPLWHG_WR_ Measures of PetroChina Company Limited for Management of Labour Contract Measures of PetroChina Company Limited for Performance Evaluation of Company Leaders Administration Measures of PetroChina Company Limited on Production Safety and Environmental Protection Accountability System Administrative Measures of PetroChina Company Limited for Supervision and Inspection of Product Quality Administrative Measures of PetroChina Company Limited for Appraisal of Staff Safety and Environmental Performance Regulations on Environmental Protection Management of PetroChina Company Limited Measures for Environmental Monitoring and Environmental Information Management of PetroChina Company Limited Regulations of PetroChina Company Limited on Environmental Protection Concerning Project Acquisition Management Measures of PetroChina Company Limited for Implementation of Wastewater Discharge Permits Management Measures of PetroChina Company Limited for Ecological Environment Protection of Construction Projects Administrative Measures of PetroChina Company Limited for Energy and Water Conservation Regulations of PetroChina Company Limited on Quality Supervision of Procured Materials Regulations of PetroChina Company Limited on Detection of Occupational Hazards at Workplace Regulations of PetroChina Company Limited on Occupational Health Surveillance PetroChina Company Limited for the Administration of Engineering Construction Projects Regulations of PetroChina Company Limited for the Administration of Materials Supply Regulations of PetroChina Company Limited for the Administration of Bid Invitation Administration Measures of PetroChina Company Limited for the Suppliers Measures of PetroChina Company Limited for Service Trademark Management Measures of PetroChina Company Limited for Land Management Regulations of PetroChina Company Limited on the Management of Industrial Water of Refining Enterprises All data disclosed in this Report regarding quantitative indicators of emissions, energy consumption, and other aspects are calculated in accordance with the relevant standards issued by the Chinese government, including but not limited to: Statistical Report on Energy Saving and Eco-environmental Protection in Central Enterprises Communique on the Second National Pollution Census Guide to Accounting Methods and Reporting of Greenhouse Gas Emissions by China’s Oil and Gas Producers (Trial Implementation) Guide to Accounting Methods and Reporting of Greenhouse Gas Emissions by China’s Petrochemical Companies (Trial Implementation) Guide to Accounting Methods and Reporting of Greenhouse Gas Emissions by China’s Chemical Production Enterprises (Trial Implementation) General Rule for the Calculation of Comprehensive Energy Consumption Statistical Index and Calculation Method of Energy and Water Conservation Unit Product Energy Consumption Quota for Petroleum Refining Unit Product Energy Consumption Quota for Ethylene Plants Technical Specification for Application and Issuance of Pollutant Discharge Permit Inspection Guide for Identifying VOCs Pollution Sources of the Petrochemical Industry

PetroChina Company Limited Address: 9 Dongzhimen North Street Dongcheng District Beijing, P.R. China Post Code: 100007 E-mail: csr@petrochina.com.cn Website: www.petrochina.com.cn
EX-99.2
Exhibit 99.2
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make norepresentation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

中國石油天然氣股份有限公司
PETROCHINA COMPANY LIMITED
(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 857)
CONTINUING CONNECTED TRANSACTIONS
CURRENCY DERIVATIVES TRANSACTIONS WITH CNPC FINANCE
Reference is made to the announcement of the Company dated March 31, 2022, in relation to the 2022 Derivatives Framework Agreement entered into between the Company and CNPC Finance. The 2022 Derivatives Framework Agreement expired on December 31, 2022.
2023 Derivatives Framework Agreement
The Board is pleased to announce that, on March 29, 2023, the Company entered into the 2023 Derivatives Framework Agreement with CNPC Finance, pursuant to which CNPC Finance agreed to provide currency derivatives services to the Group in 2023.
Listing Rules Implications
As at the date of this announcement, CNPC is the controlling shareholder of the Company and CNPC Finance is a subsidiary of CNPC, and therefore CNPC Finance is a connected person of the Company under Chapter 14A of the Listing Rules. Therefore, the transactions contemplated under the 2023 Derivatives Framework Agreement constitute continuing connected transactions of the Company under the Listing Rules.
Since the highest of the applicable percentage ratios in respect of the 2023 Annual Cap calculated in accordance with the Listing Rules is more than 0.1% but less than 5%, the transactions contemplated under the 2023 Derivatives Framework Agreement are subject to the reporting, announcement and annual review requirements under Chapter 14A of the Listing Rules but are exempted from the circular and independent Shareholders’ approval requirements.
Reference is made to the announcement of the Company dated March 31, 2022, in relation to the 2022 Derivatives Framework Agreement entered into between the Company and CNPC Finance. The 2022 Derivatives Framework Agreement expired on December 31, 2022.
1
2023 Derivatives Framework Agreement
The Board is pleased to announce that, on March 29, 2023, the Company entered into the 2023 Derivatives Framework Agreement with CNPC Finance, pursuant to which CNPC Finance agreed to provide currency derivatives services to the Group in 2023. The principal terms of the 2023 Derivatives Framework Agreement are as below.
| Date: | March 29, 2023 |
|---|---|
| Parties: | (a) the Company |
| (b) CNPC Finance | |
| Term: | Until December 31, 2023 |
| Subject matter: | CNPC Finance agreed to provide currency derivatives services to the Group, and the types of derivatives include forward settlements and sales of foreign exchange, forward purchase and sales of foreign exchange, foreign exchange<br>swaps, currency swaps, interest swaps |
Pricing Policy and Enforcement
For transactions entered into between the Group and CNPC Finance pursuant to the 2023 Derivatives Framework Agreement, the terms of the transactions, fees charged and other relevant transaction conditions should comply with the relevant requirements of regulatory authorities, with reference to services of the similar size and type offered by CNPC Finance to third parties with the same credit rating level and services of the similar size and type offered to the Group provided by independent third party financial institutions (the “Third Party Financial Institutions”), and such transactions shall be conducted on normal commercial terms or better for the Group.
Before the Group enters into specific agreements with CNPC Finance for each transaction under the 2023 Derivatives Framework Agreement, the terms offered or fees charged by CNPC Finance and other relevant transaction conditions shall be compared with those for transactions of the similar size and type offered by Third Party Financial Institutions. The Group shall have the discretion to enter into transactions with CNPC Finance only if the terms offered or fees charged by CNPC Finance or other relevant transaction conditions are the same or better than those offered by Third Party Financial Institutions. The Group may also additionally or alternatively seek Third Party Financial Institutions to conduct relevant transactions as it deems appropriate.
Historical Amount and Historical Annual Cap
The 2022 Annual Cap is US$7.500 billion. For the year ended December 31, 2022, the amount of currency derivatives transactions between CNPC Finance and the Group amounted to US$3.984 billion.
Proposed Annual Cap and Determination Basis
The Board considered and recommended that, for the year ended December 31, 2023, the 2023 Annual Cap shall not exceed US$6.500 billion. Based on the central parity rate of USD to RMB announced by the People’s Bank of China on 28 March 2023, US$1 = RMB6.8749, US$6.500 billion is equivalent to approximately RMB44,686.850 million (for indicative purpose only and the 2023 Annual Cap is US$6.500 billion).
The 2023 Annual Cap is determined after taking into account the following factors:
| (1) | the estimated settlement amount of international trade conducted by the Group for the year of 2023;<br> |
|---|---|
| (2) | CNPC Finance’s experience in foreign exchange business, and the Company’s belief that the prices and<br>quality of the services provided by CNPC Finance are not less favorable than comparable levels or conditions in the market; |
| --- | --- |
2
| (3) | the realization of the reduction and hedging of exchange risk through the relevant financial services provided<br>to the Group by CNPC Finance and other Third Party Financial Institutions; and |
|---|---|
| (4) | fluctuation in the Renminbi exchange rates and other external factors in the context of global trade<br>uncertainty. |
| --- | --- |
Risk Management and Internal Control Measures
The main risks associated with currency derivative transactions include market risk, liquidity risk, margin risk, compliance risk and counterparty risk. To effectively address the above-mentioned risks and ensure that the pricing for such transactions is consistent with the above-mentioned pricing policy, the Company takes the measures set out below:
| (1) | The Company formulated relevant management policy and established cross-department management and cooperation<br>system, strengthened the review of business qualification and annual planning, clarified the rights and responsibilities of headquarters, specialized companies and business entities. |
|---|---|
| (2) | The Company will strictly enforce a series of measures, including connected transaction management methods,<br>internal control management handbook and internal control assessment management methods to ensure that connected transactions are conducted in accordance with the 2023 Derivative Framework Agreement and the above-mentioned pricing policy. The<br>Company’s external auditors shall conduct an interim review and a year-end audit on the Company’s internal control measures. Meanwhile, the Company’s finance department and legal and enterprise<br>reform department, the audit committee of the Board and the supervisory committee of the Company shall, from time to time, each conduct internal assessments, supervision and examination on the internal control measures and the financial information<br>of the Company, in order to ensure that the internal control measures in respect of connected transactions remain complete and effective. Furthermore, they convene meetings twice a year to discuss and assess the implementation of connected<br>transactions. |
| --- | --- |
| (3) | The independent non-executive Directors shall conduct annual review on<br>the continuing connected transactions and provide annual confirmations in the annual reports of the Company on whether the continuing connected transactions have been entered into (i) in the ordinary and usual course of business of the Group;<br>(ii) on normal commercial terms or better; and (iii) according to the relevant agreements governing them on terms that are fair and reasonable and in the interest of the Company and the Shareholders as a whole. |
| --- | --- |
| (4) | The audit committee of the Board shall conduct review on the annual report and interim report which include the<br>disclosure and analysis of the execution of the continuing connected transactions. |
| --- | --- |
| (5) | The external auditors of the Company shall report on the continuing connected transactions of the Company every<br>year and issue a letter to the Board in respect of the continuing connected transactions of the Company in accordance with the regulatory rules of domestic and overseas places where the Company is listed. |
| --- | --- |
| (6) | The supervisory committee of the Company shall supervise the continuing connected transactions and review the<br>annual report and interim report which include the disclosure and analysis of the execution of the continuing connected transactions every year. The supervisory committee of the Company shall also review whether the connected transactions between<br>the Company and connected persons comply with the regulatory requirements of domestic and overseas places where the Company is listed, whether the prices are fair and reasonable and whether there is any act which is detrimental to the interests of<br>the Company and the Shareholders. |
| --- | --- |
3
Reasons for and Benefits of the Entering Into of the 2023 Derivatives Framework Agreement
The Company’s international trade business process including settlement involves the exchange of RMB, USD, EUR, GBP and other currencies and is exposed to high level of exchange rate risk. Therefore, the Company intends to actively manage exchange risk and reduce exchange loss through the conduct of currency derivatives transactions.
CNPC Finance is a subordinated financial enterprise of CNPC, the controlling shareholder of the Company, which focuses on serving the CNPC and has strong financial capability to provide efficient financial services to the Group’s domestic and overseas operations. Details of CNPC Finance are set out below.
| (1) | CNPC Finance has rich experience in the foreign exchange business. CNPC Finance is the internal settlement,<br>fund raising and financing and capital management platform of CNPC. CNPC Finance has been providing deposit, loan, settlement and other financial services to the Group for many years and has established a comprehensive and matured cooperation<br>mechanism with the Company. The Company considers that due to familiarity with the business and operation of the Group, the service provided by CNPC Finance is generally no less favourable to the comparable level and conditions in the market in<br>terms of price and quality, resulting higher efficiency, more convenience and lower transaction costs. |
|---|---|
| (2) | The transactions with CNPC Finance could lower the costs of the Group because of CNPC Finance’s various<br>mechanisms, such as its efficient internal settlement, and its convenient, timely and efficient process of foreign exchange derivative business. Furthermore, CNPC Finance’s utilization of its status as member of the China Foreign Exchange Trade<br>System (中國外匯交易中心) to develop businesses in the settlement, sales and conversion of foreign currency could save the Group a considerable<br>amount in foreign exchange costs. |
| --- | --- |
| (3) | CNPC Finance is under the supervision of the China Banking and Insurance Regulatory Commission as a major<br>domestic non-bank financial institution and has met the regulatory requirements as determined by regulatory indicators over the years. As at the end of 2022, CNPC Finance has total assets of<br>RMB528,334 million and achieved a revenue of RMB13,302 million and a net profit of RMB6,312 million, which is in a leading position among domestic counterparts. In 2013, CNPC Finance (HK) Limited, a wholly-owned subsidiary of CNPC<br>Finance, obtained the sovereign rating assigned by an international rating agency. This is currently the highest credit rating obtained by domestic financial institutions. |
| --- | --- |
For the reasons set out above, the Company considers that the currency derivatives transactions under the 2023 Derivatives Framework Agreement are beneficial to the on-going development of the Group.
The Board (including the independent non-executive Directors) considers that the currency derivatives transactions under the 2023 Derivatives Framework Agreement are in the ordinary and usual course of business of the Group, are on normal commercial terms or on terms no less favourable than those of Third Party Financial Institutions, and that the terms and 2023 Annual Cap are fair and reasonable and in the interests of the Company and all Shareholders as a whole.
Listing Rules Implications
As at the date of this announcement, CNPC is the controlling shareholder of the Company and CNPC Finance is a subsidiary of CNPC, and therefore CNPC Finance constitutes a connected person of the Company under Chapter 14A of the Listing Rules. Therefore, the transactions contemplated under the 2023 Derivatives Framework Agreement constitute continuing connected transactions of the Company under the Listing Rules.
Since the highest of the applicable percentage ratios in respect of the 2023 Annual Cap calculated in accordance with the Listing Rules is more than 0.1% but less than 5%, the transactions contemplated under the 2023 Derivatives Framework Agreement are subject to the reporting, announcement and annual review requirements under Chapter 14A of the Listing Rules but are exempted from the circular and independent Shareholders’ approval requirements.
4
Board Approval
In view of the positions of Mr. Dai Houliang, Mr. Hou Qijun, Mr. Duan Liangwei, Mr. Jiao Fangzheng, Mr. Huang Yongzhang, Mr. Ren Lixin and Mr. Xie Jun in CNPC and/or its associates, each of them has abstained from voting on the board resolution approving the 2023 Derivatives Framework Agreement, the transactions contemplated thereunder and the 2023 Annual Cap.
General Information
The Company was established as a joint stock company limited by shares incorporated in the PRC on 5 November 1999 under the laws of the PRC. The Company principally engages in, among other things, the exploration, development, transmission, production and sales of crude oil and natural gas, and new energy business; the refining of crude oil and petroleum products; the production and sales of basic and derivative chemical products and other chemical products, and new material business; the sales of refined products and non-oil products and trading business; and the transportation and sales of natural gas.
As at the date of this announcement, CNPC Finance is owned as to 40% by CNPC, 32% by the Company and 28% by CNPC Capital Corporation (中國石油集團資本有限责任公司) and is a connected person of the Company. As approved by the People’s Bank of China and the China Banking and Insurance Regulatory Commission, the principal business activities of CNPC Finance include providing guarantee to members of the CNPC and the Group, providing entrusted loan and entrusted investment services to members of the CNPC and the Group, bill acceptance and discounting for members of the CNPC and the Group, internal fund transfer and settlement, relevant internal settlement and clearance plans designing among members of the CNPC and the Group and, taking deposits from members of the CNPC and the Group, providing loans to members of the CNPC and the Group, underwriting corporate bonds of members of the CNPC and the Group, investment in marketable securities and providing foreign exchange trading services to members of the CNPC and the Group.
Definitions
In this announcement, unless the context otherwise requires, the following terms shall have the meanings set out below:
| “2022 Annual Cap” | the annual cap for the amount of the currency derivatives transactions between CNPC Finance and the Group for the year ended December 31, 2022 under the 2022 Derivatives Framework Agreement |
|---|---|
| “2023 Annual Cap” | the annual cap for the amount of the currency derivatives transactions between CNPC Finance and the Group for the year ended December 31, 2023 under the 2023 Derivatives Framework Agreement |
| “2022 Derivatives Framework Agreement” | the currency derivatives service framework agreement entered into between the Company and CNPC Finance in respect of currency derivatives transactions for the year of 2022 on March 31, 2022 |
| “2023 Derivatives Framework Agreement” | the currency derivatives service framework agreement entered into between the Company and CNPC Finance in respect of currency derivatives transactions for the year of 2023 on March 29, 2023 |
| “associate(s)” | has the meanings ascribed to it under the Listing Rules |
| “Board” | the board of Directors of the Company |
5
| “CNPC” | China National Petroleum Corporation (中國石油天然氣集團有限公司), a state-owned enterprise<br>incorporated under the laws of the PRC, and the controlling shareholder of the Company |
|---|---|
| “CNPC Finance” | China Petroleum Finance Company Limited (中油財務有限責任公司), owned as to 40% by CNPC, 32% by the Company and 28%<br>by CNPC Capital Corporation (中國石油集團資本有限责任公司) as at the date of this announcement |
| “Company” | PetroChina Company Limited, a joint stock company limited by shares incorporated in the PRC on 5 November 1999 under the laws of the PRC, the H shares and A shares of which are listed on the Hong Kong Stock Exchange and the<br>Shanghai Stock Exchange, respectively |
| “connected person(s)” | has the meanings ascribed to it under the Listing Rules |
| “controlling shareholder(s)” | has the meanings ascribed to it under the Listing Rules |
| “Director(s)” | directors of the Company |
| “EUR” | Euro, legal currency of the European Union |
| “GBP” | Great Britain pound, legal currency of the United Kingdom |
| “Group” | the Company and its subsidiaries |
| “Hong Kong” or “HK” | Hong Kong Special Administrative Region of the PRC |
| “Hong Kong Stock<br> <br>Exchange” | The Stock Exchange of Hong Kong Limited |
| “Listing Rules” | the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange |
| “PRC” or “China” | the People’s Republic of China (for the purpose of this announcement, excludes Hong Kong, the Macao Special Administrative Region and Taiwan) |
| “RMB” | Renminbi, the legal currency of the PRC |
| “Shareholder(s)” | holder(s) of shares of the Company |
| “subsidiary(ies)” | has the meanings ascribed to it under the Listing Rules |
| “US$” or “USD” | US dollar, the legal currency of the United States |
6
| By order of the Board |
|---|
| PetroChina Company Limited |
| Company Secretary |
| WANG Hua |
Beijing, the PRC
March 29, 2023
As at the date of this announcement, theBoard comprises Mr. Dai Houliang as Chairman; Mr. Hou Qijun as Vice Chairman and non-executive Director; Mr. Duan Liangwei and Mr. Xie Jun asnon-executive Directors; Mr. Jiao Fangzheng, Mr. Huang Yongzhang and Mr. Ren Lixin as executive Directors; and Ms. Elsie Leung Oi-sie, Mr. Tokuchi Tatsuhito, Mr. Cai Jinyong andMr. Jiang, Simon X. as independent non-executive Directors.
7
EX-99.3
Exhibit 99.3
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make norepresentation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

中國石油天然氣股份有限公司
PETROCHINA COMPANY LIMITED
(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 857)
PROPOSED RE-ELECTION AND APPOINTMENT OF DIRECTORS AND SUPERVISORS
Proposed Re-election and Appointment of Directors
The board (the “Board”) of directors (the “Directors”) of PetroChina Company Limited (the “Company”, together with its subsidiaries, the “Group”) hereby announces that the Board has proposed to elect and appoint Mr. Dai Houliang as Director, Mr. Hou Qijun as non-executive Director, Mr. Duan Liangwei as non-executive Director, Mr. Huang Yongzhang as executive Director, Mr. Ren Lixin as executive Director, Mr. Xie Jun as non-executive Director, Mr. Cai Jinyong as independent non-executive Director, Mr. Jiang, Simon X. as independent non-executive Director, Mr. Zhang Laibin as independent non-executive Director, Ms. Hung Lo Shan Lusan as independent non-executive Director and Mr. Ho Kevin King Lun as independent non-executive Director (the “Proposed Appointment of Directors”, the above Directors collectively, the “Director Candidates”). 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 2022 annual general meeting of the Company (the “AGM”).
The biographical details of the Director Candidates are set out below:
Mr. Dai Houliang, aged 59, is the chairman of the Board, concurrently serving as the chairman of the board and the Party secretary of China National Petroleum Corporation (“CNPC”). Mr. Dai is a professor-level senior engineer with a doctorate degree, an alternate member of the 19th Central Committee of the Communist Party of China, a member of the 14th Session of the National Committee of the Chinese People’s Political Consultative Conference (“NC-CPPCC”), a member of the subcommittee of Human Resources and Environment and an academician of the Chinese Academy of Engineering. From December 1997, he successively served as deputy general manager of Yangzi Petrochemical Corporation, director, deputy general manager, vice chairman, general manager, chairman and a member of the standing Party committee of Yangzi Petrochemical Co., Ltd., deputy chief financial officer, vice president, director, senior vice president, chief financial officer, vice chairman, president and chairman of China Petroleum & Chemical Corporation. He served as a member of the Party committee of China Petrochemical Corporation (“Sinopec Group”) in June 2008, the general manager, director, deputy Party secretary of Sinopec Group in May 2016, and the chairman of the board and the Party secretary of Sinopec Group in July 2018. Mr. Dai has been appointed as the chairman of the board and the Party secretary of CNPC since January 2020 and a Director and the chairman of the Board since March 2020.
1
Mr. Hou **** Qijun, aged 56, is the vice chairman of the Board and concurrently serves as a director, general manager and deputy Party secretary of CNPC. Mr. Hou is a professor-level senior engineer with a doctorate degree. From October 2002, Mr. Hou successively served as the director and deputy general manager of Daqing Oilfield Co., Ltd., the general manager and deputy Party secretary of Jilin Oilfield Branch, the Party secretary and deputy general manager of Natural Gas and Pipeline Branch, the director-general and deputy Party secretary of PetroChina Oil & Gas Control Centre, and the general manager of the planning department of CNPC and the Company. He was appointed as the deputy general manager of CNPC in March 2017, and concurrently served as the general manager and deputy Party secretary of the exploration and production branch of the Company in April 2017. Mr. Hou was appointed as the Director and vice president of the Company in June 2017, and as the president of the Company in March 2019. He was appointed as director, the general manager and deputy Party secretary of China Oil&Gas Pipeline Network Corporation in October 2019. Mr. Hou has been appointed as a director, the general manager and deputy Party secretary of CNPC since July 2021 and a Director and vice chairman of the Board since October 2021.
Mr. Duan Liangwei, aged 55, is a Director and concurrently serves as a director and deputy Party secretary of CNPC, and head office Party secretary of CNPC. Mr. Duan is a professor-level senior engineer with a doctorate degree. From February 2006, Mr. Duan successively served as the deputy general manager, safety director, and member of the Party committee of Jilin Petrochemical Branch, the general manager and deputy Party secretary of Dagang Petrochemical Branch, the general manager and deputy Party secretary of Dalian Petrochemical Branch. He was appointed as deputy general manager of CNPC in March 2017 and safety director of CNPC in April 2017. Mr. Duan has been appointed as a Director since June 2017. He was appointed as a member of the Party committee of CNPC in September 2019. Mr. Duan was appointed as the president of the Company in March 2020. He has been appointed as a director and deputy Party secretary of CNPC since September 2020 and head office Party secretary of CNPC since October 2020.
Mr. Huang Yongzhang, aged 56, is a Director and the president of the Company and concurrently serves as a member of the Party committee, deputy general manager and safety director of CNPC. Mr. Huang is a professor-level senior engineer with a doctorate degree. From June 2008, he successively served as the deputy general manager of CNPC International (Nile) Ltd., the deputy general manager, and safety director of China Oil Exploration and Development Corporation, the executive deputy general manager and general manager of CNPC Middle East Corporation and senior deputy general manager and a member of the Party Committee of China National Oil and Gas Exploration and Development Corporation. He has been appointed as a member of the Party committee and deputy general manager of CNPC since April 2020, Director since September 2020, safety director of CNPC since February 2021 and the president of the Company since March 2021.
Mr. Ren Lixin, aged 55, is a Director and the senior vice president of the Company and concurrently serves as a member of the Party committee and vice president of CNPC. Mr. Ren is a professor-level senior engineer with a bachelor’s degree. From September 2005, Mr. Ren successively served as a member of the Party committee, the deputy general manager, the general manager, deputy Party secretary and safety director of Dushanzi Petrochemical Branch Company, the general manager and deputy Party secretary of the Refinery and Chemical Branch of the Company. He has been appointed as a member of the Party committee and deputy general manager of CNPC since June 2021. He has been appointed as the senior vice president of the Company since August 2021 and a Director since October 2021.
Mr. Xie Jun, aged 55, is a Director and concurrently serves as a member of the Party committee and deputy general manager of CNPC and the director-general of CNPC Consulting Centre. Mr. Xie is a professor-level senior engineer with a bachelor’s degree. From August 2013, he served successively as a member of the Party committee, the deputy general manager, the executive deputy general manager, the Party secretary and general manager of Southwest Oil and Gas Field Branch, the general manager of the development and planning department of CNPC and the Company. He has been appointed as a member of the Party committee and deputy general manager of CNPC since January 2022 and the director-general of CNPC Consulting Centre since March 2022. He has been appointed as a Director since June 2022.
2
Mr. Cai Jinyong, aged 63, is an independent non-executive Director and concurrently serves a partner of Global Infrastructure Partners (GIP) and a board member of Aon Corporation. Mr. Cai received a bachelor’s degree in science from Peking University and a doctorate degree of economics from Boston University. Mr. Cai has over 30 years working experience in finance service industry, and he worked in TPG Group, World Bank Group, Goldman Sachs Group, Inc. and Morgan Stanley. Mr. Cai worked at the Central Europe Bureau of the World Bank and was responsible for energy sectors from 1990 to 1994. From 1994 to 2000, he served in Morgan Stanley and was a team member which established China International Capital Corporation Limited (the first domestic joint venture investment bank in the PRC). From 2000 to 2012, he worked in Goldman Sachs Group, Inc., where he was in charge of the PRC investment banking business. From 2012 to 2016, he served as CEO of International Finance Corporation of the World Bank Group. From 2016 to 2018, he led infrastructure business in emerging economies at TPG. Mr. Cai has been appointed as an independent non-executive Director since June 2020. ****
Mr. Jiang, Simon X., aged 69, is an independent non-executive Director and has been an independent non-executive director of COSCO SHIPPING International (Hong Kong) Co., Ltd. since April 2007. He is the chairman of Cyber City International Limited, a director of China Foundation for Disabled Persons, a senior associate at the Judge Business School of Cambridge University of England and a member of the United Nations Investments Committee. Mr. Jiang received his bachelor’s degree from Beijing Foreign Studies University, master’s degree from Australian National University and Ph.D degree in economics from Cambridge University of England. Mr. Jiang has investment management experience. Mr. Jiang was the deputy chief of United Nations Joint Staff Pension Fund Investment Management and has worked as a member of its Investment Committee till now. He was a member of the 11th and 12th Sessions of the NC-CPPCC, an independent director of China Oilfield Services Limited, Greenland Hong Kong Holdings Limited, Nokia Corporation, and China Petroleum & Chemical Corporation. Mr. Jiang has been appointed as an independent non-executive Director since June 2020.
Mr. Zhang Laibin, aged 61, is a professor at China University of Petroleum and a doctoral supervisor. Mr. Zhang received a doctorate degree and is a member of the 14th session of the standing committee of NC-CPPCC, a member of the subcommittee for handing proposals of the CPPCC and an academician of the Chinese Academy of Engineering. From 1992, Mr. Zhang served successively as vice director, director and dean of the mechanical and electrical department at China University of Petroleum. Mr. Zhang was appointed as the deputy Party secretary of China University of Petroleum in 1998 and the vice principal of China University of Petroleum in 1999. Mr. Zhang served as the principal of China University of Petroleum from 2005 to 2021. Mr. Zhang was elected as an academician of the Chinese Academy of Engineering in 2021.
Ms. Hung Lo Shan Lusan, aged 56, is an executive director of Higuma Consulting Limited and an independent non-executive director of LH Group Limited and China Coal Energy Company Limited. Ms. Hung received a bachelor’s degree. From May 1990, she served successively as the deputy manager of tax department at Ernst & Young, a partner of tax department at Grant Thornton in Hong Kong, head of tax at Pacific Jade Tax Consultancy Limited, etc. Ms. Hung has been appointed as a director of Higuma Consulting Limited since May 2002, an independent non-executive director of LH Group Limited since May 2018 and an independent non-executive director of China Coal Energy Company Limited since March 2023.
Mr. Ho Kevin King Lun, aged 47, is a director of Macau Tai Fung Bank Company Limited, chairman of Macau Anzac Group Company Limited, director of Macau KNJ Investment and chairman of Macao Juvenile Venture International Group. Mr. Ho received a doctorate degree and a deputy of the 14th National People’s Congress. From March 2000, Mr. Ho served successively as senior executive at Hong Kong Cathay Pacific Airways Limited, director and general manager of Valeo Strategic Investments Company Limited and chairman of City Gourmet Company Limited. Mr. Ho has been appointed as a director of Macau Tai Fung Bank Company Limited since March 2008, the chairman of Macau Anzac Group Company Limited since August 2008, a director of Macau KNJ Investment since May 2012 and the chairman of Macao Juvenile Venture International Group since May 2017.
3
Save as disclosed above, as at the date of this announcement, none of the Director Candidates (i) has held any directorship in any other listed companies in the past three years; (ii) has any relationship with any other Director, supervisor (the “Supervisor”), senior management, substantial Shareholder (as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong (the “Stock Exchange Listing Rules”)) or controlling Shareholder (as defined in the Stock Exchange Listing Rules) of the Company; and (iii) except for the fact that Ms. Hung Lo Shan Lusan holds 8,000 shares of the Company, has any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong.
Save as disclosed above, as at the date of this announcement, there is no information on any of the Director Candidates that needs to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Stock Exchange Listing Rules and there are no other matters that need to be brought to the attention of the Shareholders.
If the Proposed Appointment of Directors are approved at the AGM, the terms of office of the Director Candidates will be three years, commencing from the date on which the relevant resolutions being approved by the Shareholders. Their emoluments will be fixed by the Board pursuant to the authorization granted by the Shareholders by reference to the Directors’ duties and responsibilities, performance and the results of the Group and the market overall situation.
The notice and circular of AGM containing, among others, the details of the Proposed Appointment of Directors will be dispatched to the Shareholders as soon as practicable in due course.
ProposedRe-election and Appointment of Supervisors
The supervisory committee (the “SupervisoryCommittee”) of the Company hereby announces that the Supervisory Committee has proposed to elect and appoint Mr. Cai Anhui, Mr. Xie Haibing, Ms. Zhao Ying, Mr. Cai Yong and Mr. Jiang Shangjun as shareholder representative supervisors of the Company (the “Proposed Appointment of Supervisors”, the above Supervisors collectively, the “Supervisor Candidates”). The Proposed Appointment of Supervisors will be submitted to the Shareholders for review and approval by way of ordinary resolution at the AGM. According to the Articles of Association of the Company, employee representative Supervisors will be elected democratically by the employees of the Company. The election results of the employee representative Supervisors will be further announced.
The biographical details of the Supervisor Candidates are set out below:
Mr. Cai Anhui, aged 53, is the Chairman of the Supervisory Board and concurrently serves as a member of the Party committee and the chief accountant of CNPC. Mr. Cai is a professor-level senior accountant, a professor-level senior engineer with a doctorate degree. From April 2004, he served successively as the chief financial officer of China Aluminum International Engineering Co., Ltd., the deputy general manager of China Aluminum International Technology Development Co., Ltd., Party secretary and the deputy general manager of Guiyang Aluminum & Magnesium Design Institute Co., Ltd., the executive director and the general manager of Chinalco Finance Company Limited, the Party secretary, the chairman of the board and the general manager of Chinalco Capital Holdings Co., Ltd., an assistant to the general manager of Aluminum Corporation of China. Mr. Cai was appointed as a member of the Party committee and the chief accountant of China Energy Investment Corporation in December 2019. He has served as a member of the Party committee and the chief accountant of CNPC since March 2022 and been appointed as the chairman of the Supervisory Board since June 2022.
Mr. Xie **** Haibing , aged 52, is a Supervisor and concurrently serves as an assistant to the general manager of CNPC, the chairman of CNPC Capital Company Limited and the chairman of CNPC Kunlun Capital Company Limited. Mr. Xie is a professor-level senior economist with a doctorate degree and a member of 14th Session of the Chinese People’s Political Consultative Conference in Beijing. From April 2009, Mr. Xie served successively as the director of information of Karamay City Commercial Bank, the director of information and the vice president of Bank of Kunlun Co., Ltd., the deputy general manager of the Finance Department of CNPC and the Company, the deputy head of the preparatory team of the Shared Service Center of CNPC, the general manager of CNPC Shared Operation Co. LTD, and the general manager of the Finance Department of CNPC and the Company. He has served as the assistant to the general manager of CNPC, and the chairman of CNPC Capital Company Limited and the chairman of CNPC Kunlun Capital Company Limited since April 2021. He has been appointed as the Supervisor since June 2022.
4
Ms. Zhao Ying, aged 55, is a Supervisor and concurrently serves as the general counsel and chief compliance officer of CNPC. Ms. Zhao is a professor-level senior economist with a bachelor’s degree. From April 2009, she successively served as the general counsel of China Oil Exploration and Development Corporation, the general counsel of PetroChina overseas exploration and development branch and PetroChina Natural Gas Exploration and Development Corporation, the deputy general manager of PetroChina Kazakhstan Company, the deputy general manager of PetroChina Middle Asia Company, the deputy general manager and the deputy secretary of the Party committee of China National Oil and Gas Exploration and Development Corporation, the general manager of the Legal Affairs Department and the Legal and Enterprise Reform Department of CNPC and the Company. She has served as the general counsel of CNPC since March 2022, a Supervisor since June 2022 and the chief compliance officer of CNPC since December 2022.
Mr. Cai Yong, aged 48, is a Supervisor and concurrently serves as the general manager of the Finance Department of CNPC. Mr. Cai is a senior economist with a master’s degree. From March 2016, he has successively served as the chief accountant of PetroChina Middle East Company, the general manager of the Finance, Tax and Price Department and the general manager of the Funding Department of CNPC and the Company. He has served as the general manager of the Finance Department of CNPC since April 2021 and been appointed as a Supervisor since June 2022.
Mr. Jiang Shangjun, aged 58, is the general manager of the audit department of the Company and concurrently serves as the general manager of the audit department of CNPC and the executive director of Auditing Service Centre Co., Ltd. Mr. Jiang is a senior economist with a master’s degree. From October 2000, Mr. Jiang served successively as the chief accountant, deputy general manager of Lanzhou PetroChina Branch, general manager of Northwestern Sales Branch, chairman of the board of Bank of Kunlun Co., Ltd., the general manager and vice chairman of the board of the CNPC Capital Corporation. Mr. Jiang has been appointed as the general manager of the audit department of CNPC and the Company and the executive director of Auditing Service Centre Co., Ltd since September 2022.
Save as disclosed above, as at the date of this announcement, none of the Supervisor Candidates (i) has held any directorship in any other listed companies in the past three years; (ii) has any relationship with any other Director, Supervisor, senior management, substantial Shareholder (as defined in the Stock Exchange Listing Rules) or controlling Shareholder (as defined in the Stock Exchange Listing Rules) of the Company; and (iii) has any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance of Hong Kong.
Save as disclosed above, as at the date of this announcement, there is no information on any of the Supervisor Candidates that needs to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Stock Exchange Listing Rules and there are no other matters that need to be brought to the attention of the Shareholders.
If the Proposed Appointment of Supervisors are approved at the AGM, the terms of office of the Supervisor Candidates will be three years, commencing from the date on which the relevant resolutions being approved by the Shareholders. Supervisor Candidates will not receive emoluments from the Company.
The notice and circular of AGM containing, among others, the details of the Proposed Appointment of Supervisors will be dispatched to the Shareholders as soon as practicable in due course.
5
| By order of the Board |
|---|
| PetroChina Company Limited |
| Company Secretary |
| WANG Hua |
Beijing, the PRC
March 29, 2023
As at the date of this announcement, the Board comprises Mr. Dai Houliang as Chairman; Mr. Hou Qijun as Vice Chairman and non-executive Director; Mr. Duan Liangwei and Mr. Xie Jun as non-executive Directors; Mr. Jiao Fangzheng, Mr. Huang Yongzhang and Mr. Ren Lixin asexecutive Directors; and Ms. Elsie Leung Oi-sie, Mr. Tokuchi Tatsuhito, Mr. Cai Jinyong and Mr. Jiang, Simon X. as independent non-executive Directors.
6
EX-99.4
Exhibit 99.4

Excellent Performance of Oil & Gas Business
Along with Refining & Chemicals Business Transformation at Full Steam
PetroChina Delivered
Record Operating Results in 2022
(Hong Kong, 29 March 2023) – PetroChina Company Limited [“PetroChina” or the “Company”, (HKSE: 00857; SSE: 601857)] announced that the Company delivered record revenue, net profit and free cash flow in 2022, underpinned by efficient and smooth operation of its oil and gas industrial chain. The Company achieved excellent performance of oil and gas business, expedited transformation of refining and chemicals business across the board, and registered rapid development of new energies and new materials business. According to IFRS, the Company realized a revenue of RMB 3.2 trillion in 2022, representing a 23.9% year-on-year increase; its net profit attributable to the parent company surged by 62.1% year-on-year to RMB 149.38 billion. Moreover, it maintained a sound financial position with free cash flow soared by 88.4% year-on-year to RMB 150.42 billion.
1
Results Review
Oil and natural gas production hit historical high. The Company stepped up efforts in oil and gas exploration and development and made a number of major breakthroughs and discoveries to further consolidate its resource base. In 2022, the output of oil and gas in terms of oil equivalent hit historical high at 1.685 billion barrels (“bbl”), up by 3.7% year-on-year, in which crude oil output reached 906 million bbl, up by 2.1% year-on-year; marketable natural gas output was 4,680 billion cubic feet (“bcf”), up by 5.8% year-on-year. Domestically, the output of oil and gas in terms of oil equivalent was 1.513 billion bbl, up by 3.8% year-on-year, in which crude oil output was 767 million bbl, up by 1.9% year-on-year, and domestic marketable natural gas output reached 4,470 bcf, up by 5.9% year-on-year. In addition, new breakthroughs were made in the strategic business layout of new energies and large-scale production gained steam. A number of key projects were completed and put into operation. The installed capacity of wind and solar power generation projects exceeded 1,400 MW, and the total volume of new energies developed and utilized by the Company reached 8 million tons of standard coal / year. In 2022, the oil, gas and new energies business generated an operating profit of RMB 165.75 billion.
Transformation and upgrading onrefining and chemicals business were expedited across the board. The Company accelerated the transformation from “fuels oriented” towards “chemicals and organic materials oriented”. Major achievements were made in strategic business layout as well as transformation and upgrading. Guangdong Integrated Petrochemical and Refining Project was completed and put into operation, and the construction of Jilin Petrochemical and Guangxi Petrochemical Ethylene projects was underway. The Company expedited the adjustment of product mix, adhered to a market-oriented approach, targeted production by sales and promoted sales based on production, coordinated and optimized resources, utilization and product mix, increased production of specialty and highly-profitable products, and increased the output of low-sulfur ship fuel, paraffin and low-sulfur petroleum coke by 31.2% year-on-year. The output of new materials recorded a 56.3% year-on-year growth, new chemical products with 119 grades were developed, and sales of chemical products hit a record high. The refining, chemicals and new materials business realized an operating profit of RMB 40.57 billion.
2
Refined products marketing business continued to improve in both quality and profitability. The Company adhered to the market-oriented and profit-centered approach, emphasizing the integration of wholesale and retail operations, mutual market promotion of oil and non-oil products, online and offline integration, and the coordinated marketing of gasoline, kerosene and diesel. It explored the “oil + commodity + services” marketing model, actively expanded market reach and enhanced profitability, leading to a steady growth in its share in refined products market. While the number of comprehensive energy service stations increased rapidly, the first domestic intelligent refueling robot was put into commercial operation. Both gross profit and profit of non-oil business hit record highs. The international trade business further optimized imported resources, enhanced cost control and profitability, and realized a trade volume of 380 million tons in 2022, rendering effective service to the industrial chain. In 2022, the Company newly developed 140 service stations and put 187 service stations into operation. It operated a total of 22,586 service stations, 416 charging and battery-swap stations and 542 photovoltaic stations. The marketing business realized an operating profit of RMB 14.37 billion.
Clean and low carbon energy accounted forbigger share in the Company’s total output. The oil and gas production mix has been further optimized. Natural gas marketing registered rapid growth with sales of 260.3 billion cubic meters (“bcm”), in which domestic sales amounted to record high of 207.1 bcm, exceeding 200 bcm for the first time, up 6.4% year-on-year, with domestic market share exceeding 60%. It is equivalent to replacing 275 million tons of standard coal and reducing 268 million tons of carbon dioxide. The Company kept optimizing scale and mix of imported natural gas, and managed to maximize profitability by optimizing marketing strategy and market layout. It stepped up efforts to develop highly profitable market and direct sales clients, expand end-user market, carry out online trading and achieved remarkable results in improving sales volume and profitability. The natural gas sales operation generated an operating profit of RMB 12.96 billion.
3
Outlook
In 2023, the Company’s oil, gas and new energies business will continue to enhance resources exploration and development to increase reserves and production, and ensure sustainable development with well-balanced reserves and recovery. It will press ahead with big integrated new energies base as well as centralized integrated projects of wind, solar and gas power generation, so as to consolidate and expand new energies business. For refining, chemicals and new materials business, it will continue to promote the transformation and upgrading, expedite the development of new materials, keep working on “cutting down fuels and adding chemicals and specialty products” as well as “less carbon and more green”, and further enhance product competitiveness. The Company will step up marketing efforts and optimize resources allocation to enhance its overall profitability. It will unswervingly promote green and low-carbon transition, give full play to the advantages on technology, industry and integrated business, keep optimizing energy production and supply structure, strengthen energy conservation and efficient use of resources, and provide more low-carbon and zero-carbon energy to society. Moreover, the Company will continue to improve corporate governance and management, strengthen ESG management, work with stakeholders to create long-term value, share corporate development achievements, and give back to shareholders and investors with outstanding results.
Additional information on PetroChina is available at the Company’s website: http://www.petrochina.com.cn
Issued by PetroChina Company Limited
For further information, please contact:
PetroChina Company Limited
PR Agency (Overseas media):
4
| PRChina Limited<br> <br>Joanne Liu | Fax: (852) 2522 9955<br> <br>Tel: (852)<br>2522 1838<br> <br>Email: petrochina@prchina.com.hk |
|---|---|
| PR Agency (Domestic media): | Fax: (8610) 8562 3181<br> <br>Tel: (8610)<br>5166 3828<br> <br>Email: zhongshiyou.list@everbloom.com.cn |
| EverBloom Investment | |
| Consulting Co., Ltd.<br> <br>Di<br>Shen |
5
EX-99.5
Exhibit 99.5
| Disclaimer | |
|---|---|
| Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly<br>disclaim any liability whatsoever for any loss howsoever arisen from or in reliance upon the whole or any part of the contents of this announcement. | |
| Cash Dividend Announcement for Equity Issuer | |
| Issuer name | PetroChina Company Limited |
| Stock code | 00857 |
| Multi-counter stock code and currency | Not applicable |
| Other related stock code(s) and name(s) | Not applicable |
| Title of announcement | FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2022 |
| Announcement date | 29 March 2023 |
| Status | New announcement |
| Information relating to the dividend | |
| Dividend type | Final |
| Dividend nature | Ordinary |
| For the financial year end | 31 December 2022 |
| Reporting period end for the dividend declared | 31 December 2022 |
| Dividend declared | RMB 0.22 per share |
| Date of shareholders’ approval | To be announced |
| Information relating to Hong Kong share register | |
| Default currency and amount in which the dividend will be paid | HKD amount to be announced |
| Exchange rate | To be announced |
| Ex-dividend date | 20 June 2023 |
| Latest time to lodge transfer documents for registration with share registrar for determining entitlement to the dividend | 21 June 2023 16:30 |
| Book close period | From 22 June 2023 to 27 June 2023 |
| Record date | 27 June 2023 |
| Payment date | 28 July 2023 |
| Hong Kong Registrars Limited | |
| Shops 1712-1716 | |
| Share registrar and its address | Hopewell Centre |
| 183 Queen’s Road East | |
| Wanchai | |
| Hong Kong |
Page 1 of 3
| Information relating to withholding tax | |||
|---|---|---|---|
| Details of withholding tax (including type of shareholders and applicable tax rates) applied to the dividends declared of H shares are set out in the table below. In addition, for individual H shareholders who are<br>residents of those countries having agreements with China for individual income tax rates in respect of dividend of lower than 10%, the Company would make applications on their behalf to seek entitlement of the relevant agreed preferential<br>treatments pursuant to the circular of State Administration of Taxation on Issuing Administrative Measures on Preferential Treatment Entitled by Non-residents Taxpayers under Tax Treaties. For individual H<br>shareholders who are residents of those countries having agreements with China for individual income tax rates in respect of dividend of higher than 10% but lower than 20%, the Company would withhold the individual income tax at the agreed-upon<br>effective tax rate. For further details, please refer to the section headed “Distribution Plan for the Final Dividend for 2022” in the annual results announcement of the Company dated 29 March 2023. The Company will not entertain any<br>claims arising from and assume no liability whatsoever in respect of any delay in, or inaccurate determination of, the status of the shareholders of the Company or any disputes over the withholding and payment of tax | |||
| Type of shareholders | Tax rate | Other relevant information<br>(if any) | |
| Details of withholding tax applied to the dividend declared | Enterprise - non-resident<br>i.e. registered address outside PRC | 10% | The Company is required to withhold corporate income tax at the rate of 10% before distributing dividends to non-resident enterprise shareholders whose names appear on the register of members<br>of H shares of the Company. Any H shares registered in the name of non-individual shareholders, including HKSCC Nominees Limited, other nominees, trustees or other groups and organizations will be treated as being held by non- resident enterprise<br>shareholders and therefore will be subject to the withholding of the corporate income tax. |
| Individual -<br>non-resident<br>i.e. registered address outside PRC | 10% | The Company would withhold and pay the individual income tax at the<br>tax rate of 10% on behalf of the individual H shareholders who are Hong Kong residents, Macau residents or residents of those countries having agreements with China for individual income tax rate in respect of dividend of 10% | |
| Individual -<br>non-resident<br>i.e. registered address outside PRC | 20% | For individual H shareholders who are residents of those countries<br>without any taxation agreements with China or having agreements with China for individual income tax in respect of dividend of 20% or in other situations, the Company would withhold the individual income tax at a tax rate of 20%. |
Page 2 of 3
| Mainland investors (excluding enterprises) from investment in the H shares of the Company listed on the Hong Kong Stock Exchange through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock<br>Connect | 20% | For dividends obtained by individual mainland investors from investment in the H shares of the Company listed on the Hong Kong Stock Exchange through the Shanghai-Hong Kong and Shenzhen-Hong<br>Kong Stock Connect, the Company will withhold their individual income tax at the rate of 20% in accordance with the register of individual mainland investors provided by CSDC. For dividends obtained by mainland securities investment funds from<br>investment in the H shares of the Company listed on the Hong Kong Stock Exchange through the Shanghai- Hong Kong and Shenzhen-Hong Kong Stock Connect, the Company will withhold tax with reference to the<br>provisions concerning the collection of tax on individual investors. | |
|---|---|---|---|
| Information relating to listed warrants / convertible securities issued by the issuer | |||
| Details of listed warrants / convertible securities issued by the issuer | Not applicable | ||
| Other information | |||
| Other information | Not applicable | ||
| Directors of the issuer | |||
| As at the date of this announcement, the Board comprises Mr. Dai Houliang as Chairman; Mr. Hou Qijun as Vice Chairman and non-executive Director; Mr. Duan Liangwei<br>and Mr. Xie Jun as non-executive Directors; Mr. Jiao Fangzheng, Mr. Huang Yongzhang and Mr. Ren Lixin as executive Directors; and Ms. Elsie Leung<br>Oi-sie, Mr. Tokuchi Tatsuhito, Mr. Cai Jinyong and Mr. Jiang, Simon X. as independent non-executive Directors. |
Page 3 of 3