COSCO SHIPPING Ports : RESIGNATION OF NON-EXECUTIVE DIRECTOR

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(Incorporated in Bermuda with limited liability)

(Stock Code: 1199)

ANNOUNCEMENT

RESIGNATION OF NON-EXECUTIVE DIRECTOR

The board of directors (the "Board") of COSCO SHIPPING Ports Limited (the "Company") announces that Mr. WANG Haimin has tendered his resignation as a Non-executive Director of the Company with effect from 13 March 2020 due to work commitments.

Mr. WANG has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its gratitude to Mr. WANG for his outstanding contributions to the Company during his tenure of office.

By Order of the Board

COSCO SHIPPING Ports Limited

FENG Boming

Chairman

Hong Kong, 13 March 2020

As at the date of this announcement and following the resignation of Director, the Board comprises Mr. FENG Boming1 (Chairman), Mr. ZHANG Dayu1 (Managing Director), Mr. DENG Huangjun1, Mr. ZHANG Wei2, Mr. CHEN Dong2, Dr. WONG Tin Yau, Kelvin1, Dr. FAN HSU Lai Tai, Rita3, Mr. Adrian David LI Man Kiu3, Mr. FAN Ergang3, Mr. LAM Yiu Kin3 and Prof. CHAN Ka Lok3.

1. Executive Director
2. Non-executiveDirector
3. Independent Non-executive Director