Board of Directors

MR. ZANG JIAN JUN

Mr. Zang Jian Jun was appointed to the Board as Executive Director on 4 January 2012. Mr. Zang was further appointed as Chief Executive Officer on 3 December 2012 (stepped down as Chief Executive Officer on 17 February 2015) and to the Board as Executive Chairman on 2 December 2013. Mr. Zang has over fifteen years of experience in the petrochemical industry and has a very extensive network. From August 2006 to March 2011, Mr. Zang was the General Manager of Hua Xin Energy Holdings Ltd, in charge of establishing corporate strategy and general operating strategy. From October 2003 to July 2006, Mr. Zang was Deputy General Manager in DaGang Petro Chemical Co. Ltd. From June 1999 to September 2003, Mr. Zang was the Chemical Business Unit General Manager in DaGang Petro Chemical Co. Ltd. At the same time, he was also the International Trading Manager and was responsible for the company’s importing project in which involved both the upstream and the downstream sectors. From October 1996 to May 1999, he was the International Trading Manager in Hebei Lixiang Corporation. From June 1995 to September 1996, Mr. Zang was the Business Manager in Hebei Baoding International Trading Company.

MR. ZHAO GUANG MING

Mr. Zhao Guangming was appointed to the Board as Executive Director and Chief Executive Officer of the Company on 28 February 2017. Mr. Zhao is responsible for overseeing the business operations of the Company and its subsidiaries. Mr. Zhao served as Senior Deputy Manager and Senior Manager of the Investment Department of China Huarong Asset Management Co., Ltd. as well as a technician of Babcock & Wilcox Beijing Company Ltd. Mr. Zhao was awarded a doctorate degree in Economics by Renmin University of China in June 2008. From September 2009 to November 2011, he conducted his postdoctoral research in the postdoctoral workstation of Peking University and China Huarong Asset Management Co. Ltd. and was awarded the Postdoctoral Certificate by National Postdoctoral Management Committee.

MR. LIU ZHONG QIU

Mr. Liu Zhong Qiu was appointed as Chief Operating Officer on 19 November 2013 and to the Board as Executive Director on 2 December 2013. Mr Liu’s main responsibilities include overseeing the business operations of the Group. Mr Liu has 43 years of experience in the petroleum industry. Right after his graduation, he spent 14 years working in CNPC’s oil and gas geophysical exploration company and left as Director General. In 1993, Mr. Liu started to work in South America, in Peru Talara Oil Fields as the General Manager, and in Venezuela Calecoles and Inercomper North Oil Fields as the Vice President. In 1999, Mr. Liu joined China National United Oil Corp. (Chinaoil) as Vice President in charge of crude oil and natural gas international trading, during which he headed a team that completed the crude oil supply for the Sino-Russian long distance pipeline, Sino- Kazakhstan long distance crude oil pipeline, as well as the oil and gas pipelines from Myanmar to Kunming City, Southeast China. In 2009, he led his team to the successful procurement of the signing of the long term natural gas supply contract with the Turkmenistan Government for Turkmenistan – China natural gas pipelines which lead all the way to Hong Kong. In July of 2009, Mr. Liu was appointed by the CNPC Board of Directors as the Chairman of China Petroleum Engineering and Construction Corp. During his chairmanship, he led his team to the successful completion of the Engineering, Procurement and Construction of the Niningxia Refinery, CPF1 project in Iraq Al Waha Oil Fields, the Jingtel Refinery in Niger and the Ndjamena Refinery in Chad. By the end of 2011, he started to work as the senior consultant at CNPC’s Consulting Center until his appointments in CEFC International Limited.

MR. OOI HOE SEONG

Mr. Ooi Hoe Seong was appointed to the Board as Lead Independent Director on 30 December 2011 and serves as Chairman of Audit Committee and a member of Nominating Committee and Remuneration Committee. He has over 25 years of management, corporate finance and wealth management experience with many multi-national companies. Since 2006 he has been the Director of Mega Honour Ltd and is in charge of financing projects. From 2004 to 2006, he was the Regional CEO of Boutique Regional Financial Institution. From 1992 to 2001, he was the Managing Director of British American Tobacco China Limited. From 1990 to 1992, he was with Pepsi-Cola International Asia Pacific Region. He was based in the U.S. Southwest region initially as part of the international management exchange program but subsequently moved on to be the Managing Director of the region.

MR. TOH HOCK GHIM

Mr. Toh Hock Ghim was appointed to the Board as Independent Director on 30 December 2011 and serves as Chairman of Nominating Committee and a member of Remuneration Committee and Audit Committee. He joined the Singapore Ministry of Foreign Affairs in 1966. He has served in the embassies of Singapore in many countries including the Philippines, Thailand, Malaysia and Vietnam. In 1989, he served as Deputy Director and later as Director in the ASEAN Directorate in the Singapore Foreign Ministry. In addition, he was Consul-General in Hong Kong and Macao from February 2002 to December 2007. Upon his return from Hong Kong and Macao, he was appointed Senior Adviser to the Singapore Foreign Ministry. Beyond these public appointments, he also holds appointment in the corporate sector. He is Chairman of Singapore-listed Equation Summit Limited and a Director of The Fullerton Hotel Singapore. He is also Director of CIAM Group Limited, a Hong Kong- listed company. Mr. Toh Hock Ghim obtained his Bachelor of Arts (Political Science) Degree from the University of Singapore in 1966.

MS. LING CHI

Ms. Ling Chi was appointed to the Board as Independent Director on 7 February 2013. She serves as Chairman of Remuneration Committee and a member of Nominating Committee and Audit Committee. Ms. Ling Chi is a member of the National Committee of the Chinese People’s Political Consultative Conference since 2008. Since 1987, Ms. Ling Chi has been engaged in the promotion and development of traditional Chinese culture and is the Film Director of China News Services and Beijing Film Studio, Deputy Director of International Confucian Association, Deputy Director of Chinese Confucian Academy, Executive Director of State Ethnic Progress Committee of the People’s Republic of China and Research Fellow of Education Theory Department, National Institute of Education Sciences. Ms. Ling Chi graduated from Beijing Film Academy and The Central Academy of Drama and obtained her doctorate from Peking University Health Science Centre.