CHK Oil says it is actively recovering RMB 62.7 million in unutilized trade deposits after director exit

• CHK Oil issued a supplemental clarification on the exit of Vice-Chair and Executive Director Ms. Wong, separating contract termination from her director resignation.
• Board terminated her service contract on July 27 with one month’s pay in lieu, citing a Hong Kong High Court civil case over 57,000,000 shares.
• Ms. Wong later resigned; July 29 set as her last day, making her cessation as a director effective upon resignation acceptance.
• Board said it began internal review and legal steps on RMB 70 million trade deposits; RMB 55.16 million and RMB 7.54 million remain unutilized.
• Board disputed Ms. Wong’s claim of HKD 3.75 million outstanding pay, said it is seeking an amicable settlement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CHK Oil Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260810-12278035), on August 09, 2026, and is solely responsible for the information contained therein.