HOME ABOUT US OUR BUSINESS INVESTOR RELATIONS MEDIA CENTRE CONTACT US 中文 Corporate Governance Audit Committee Mr. Chiu Wai On (Chairman) Mr. Yung Chun Fai, Dickie Mr. Lee Chi Hin, Jacob Mr. Huang, Victor Terms of Reference Remuneration Committee Mr. Yung Chun Fai, Dickie (Chairman) Mr. Cheng Kam Chiu, Stewart Mr. Chiu Wai On Mr. Huang, Victor Terms of Reference Nomination Committee Mr. Yung Chun Fai, Dickie (Chairman) Mr. Chiu Wai On Mr. Lee Chi Hin, Jacob Mr. Huang, Victor Terms of Reference Executive Committee Mr. Cheng Kam Chiu, Stewart (Chairman) Mr. Tang, John Wing Yan Terms of Reference Directors’ Roles and Functions List of Directors and their Roles and Functions Bye-laws and Election of Director Bye-laws Memorandum of Association Procedures for a Shareholder to Propose a Person for Election as a Director © COPYRIGHT 2021 NEW TIMES ENERGY CORPORATION LIMITED. ALL RIGHTS RESERVED. High Luck Group Limited

HOME ABOUT US OUR BUSINESS INVESTOR RELATIONS MEDIA CENTRE CONTACT US 中文 Canada New Time Energy Corporation Limited completed the acquisition of oil and gas assets in Canada on September 21, 2021 with the following key performance indicators (KPIs). Average daily production: 13,800 boed (barrels of oil equivalent per day) Total Proved and Probable Reserves: 44,098 mboe (thousand barrels of oil equivalent) Average Operation Breakeven Cost (Operating Expenses & Transportation Cost): C$1.83/mcf (thousand cubic feet) PROVINCE LOCATION British Columbia, Canada Greater Sierra Area Horn River Basin Subtotal Total Proved and Probable Reserves 29,237 mboe 9,349 mboe 38,586 mboe Average Daily Production (boed) 9,483 boed 3,355 boed 12,838 boed PROVINCE LOCATION Alberta, Canada Wapiti Willesden Green Subtotal Total Proved and Probable Reserves 3,607 mboe 1,905 mboe 5512 mboe Average Daily Production (boed) 329 boed 661 boed 990 boed Total Proved & Probable Reserves (mboe) 44,098 mboe Total Average Daily Production (boed) 13,828 boed “Please refer to the group’s announcement on 21 st September, 2021 for more details.” Next Project © COPYRIGHT 2021 NEW TIMES ENERGY CORPORATION LIMITED. ALL RIGHTS RESERVED. High Luck Group Limited