COSCO SHIPPING International (Singapore) Co., Ltd. announces the appointment of Mr. Guo Huawei as a Non-Independent Non-Executive Director of the Company, the composition of the Board and the Strategic Development Committee will be as follows with effect from 14 September 2022: Board of Directors: Mr. Zhu Jian Dong - Chairman, President and Non-Independent Executive Director; Mr. Guo Huawei - Non-Independent Non-Executive Director; Mr. Ang Swee Tian - Lead Independent Non-Executive Director; Dr. Wang Kai Yuen - Independent Non-Executive Director; and Mr. Er Kwong Wah - Independent Non-Executive Director. Strategic Development Committee: Mr. Zhu Jian Dong - Chairman, Mr. Guo Huawei, Dr. Wang Kai Yuen, Mr. Er Kwong Wah and Mr. Ang Swee Tian. Save for the above, the composition of the Audit and Risk Management, Nominating and Remuneration Committees remain unchanged.