Overseas Community Development

We highly respect the religious beliefs, customs, and cultural traditions of the communities where we operate. Our community engagement departments in each business location worldwide regularly meet with community organizations to understand and address local expectations and needs effectively.

We actively engage in community development in the areas where we operate, adhering to local government regulations. Through participation in social welfare and community activities, we contribute to promoting balanced development across various sectors, including the oil industry. Our contributions extend to supporting initiatives in education, poverty alleviation, and disaster relief efforts. These activities are integral parts of our annual performance evaluation criteria. We meticulously assess and monitor the indirect economic impact of our operations on local communities. This responsibility falls under the purview of our ESG committee. Regional ESG management teams conduct quarterly evaluations, monitoring the progress and impacts of specific projects while tracking implementation goals. Additionally, the ESG committee oversees the collection and supervision of project summaries and evaluation reports through our ESG information collection and monitoring platform, further advancing local economic development efforts.

Process for assessing and monitoring the indirect economic impact of a company’s operations on local communities

Talent Training and Employment

Outstanding Contribution to Corporate Culture from Oasis Petroleum Inc., an honor that recognizes our contribution to local communities over the past year. Through our initiatives, we have provided training to skilled workers within these communities and created over 100 formal job opportunities, thereby substantially boosting local employment rates. This achievement not only highlights Anton's prowess in internationalization and globalization but also marks a significant milestone in Ahdeb's localization journey, breaking a decade-long absence of local employees at the CPF station and elevating the localization process to new heights.

In terms of cultural promotion, Anton encourages local employees to actively record and share the highlights of their work and life, as well as the wonderful moments where the community prospers with the oilfield. We inspire our employees to write their observations and experiences, submitting their articles to the oilfield journal. To date, 14 of these articles have been published, not only enhancing Oasis Petroleum Inc.'s cultural outreach in the Ahdeb Field but also fortifying the Company's image. This initiative has provided robust support for our endeavors to bolster community engagement and strengthen our brand presence in the local area.

Donations

Anton actively participates in public welfare undertakings and formulates public welfare donation plans every year to help the development of communities.

Charitable and Volunteering Activities

We are committed to supporting society and advancing the rural revitalization strategy through proactive and tangible measures, thereby contributing to the economic and social progress of rural areas. Through a range of philanthropic initiatives spanning education support, earthquake relief, poverty alleviation, and more, we strive to foster social harmony and advancement. In terms of facilitating poverty alleviation through industrial development, we purchase navel oranges, a poverty alleviation product, from the rural areas of southern Jiangxi Province every year to drive the development of the local rural economy. In terms of education assistance, we donated online teaching courseware worth more than RMB 400,000 to Mandou Gacha Village Primary School in the Inner Mongolia Autonomous Region, covering students from grades 1 to 6, contributing to rural revitalization and the development of education in remote areas. In FY2023, Anton donated RMB 1.855 million to community development.