The board of directors of China Merchants Port Holdings Company Limited announces that it has resolved to redesignate Mr. Deng Renjie, Mr. Liu Weiwu and Mr. Deng Weidong from Executive Directors of the Company to Non-Executive Directors of the Company with effect from 2 September 2022 due to a reallocation of responsibilities amongst the Company's management. Mr. Deng Renjie will remain as the chairman of the Board. Mr. Deng Renjie, aged 52, is the Executive Vice President of China Merchants Group Limited.

He graduated from Beijing Electronic Science and Technology Institute with a Bachelor's Degree of Computer Science Management in July 1991. He later obtained a Master's Degree of International Law from Dalian Maritime University. Prior to his appointment as Executive Director of the Company, he successively served as Consultant of the General Office in Ministry of Transportation of China, Deputy Director of the General Office in Hunan Province, Deputy Secretary-General of Hunan Province, Deputy Secretary-General of the Party Committee of the Xinjiang Uyghur Autonomous Region, Assistant to General Manager and Director of Administration Department of CMG and the Chairman of China Merchants Expressway Network & Technology Holdings Co.

Ltd., shares of which are listed on the Shenzhen Stock Exchange. He is currently as Deputy Director of the 9th council of the China Highway & Transportation Society, Deputy Director of the 7th council of the China Communications and Transportation Association, Chairman of Liaoning Port Group Limited, and Chairman of China Merchants Port Group Co. Ltd. ("CMPG").

He was appointed to the Board as Executive Director of the Company on 1 June 2015 and retired as Executive Director of the Company on 29 November 2016. He was later appointed as Executive Director of the Company and Chairman of the Board on 13 February 2020. Mr. Liu Weiwu, aged 57, is the General Manager of the Finance Department (Property Rights Department) of CMG.

He graduated from the Economics Department of Xi'an Highway Institute with a Bachelor's Degree in Engineering. He obtained a Master's Degree of Business Administration from Macau University of Science and Technology and then obtained the intermediate accountant qualification. He successively served as the Head of Treasury Division of Financial Department of Guangzhou Ocean Shipping Company, the Manager of Financial Department of Hong Kong Ming Wah Shipping Company Limited, the Deputy General Manager of the Finance Department of CMG, and the Chief Financial Officer, the Deputy General Manager and the Director of China Merchants Energy Shipping Co.

Ltd., Currently, he is also a Director of CMPG and China Merchants Expressway Network & Technology Holdings Co. Ltd. Mr. De g Weidong, aged 55, is currently the Chief Strategy Officer and General Manager of Strategy and Development Department/Technological Innovation Department of CMG. He graduated from Nanjing University with a Doctorate Degree in Physical Geography, and then he obtained a Master's Degree in Marine Management from Dalhousie University in Canada.

The Board further announces that it has resolved to appoint Ms. Wong Pui Wah as an Independent Non-Executive Director of the Company with effect from 2 September 2022. Ms. Wong Pui Wah, aged 47, is the Chief Financial Officer and Company Secretary and serves as director of certain subsidiaries of YTO Express (International) Holdings Limited. She was an executive Director of On Time Logistics Holdings Limited (currently known as YTO Express (International) Holdings Limited) from 20 December 2013 to 1 December 2017.

Prior to joining YTO Express (International) Holdings Limited, Ms. Wong Pui Wah had acquired auditing and accounting experiences by working in various accountancy firms from June 1998 to March 2006. She has over 20 years of experience in auditing, accounting and financial management. Ms. Wong Pui Wah graduated from Lingnan University (formerly known as Lingnan Collage) with a Bachelor's Degree in Business Administration in November 1998.

She also obtained a Master's Degree in Professional Accounting from The Hong Kong Polytechnic University in November 2010. She is a non-practising member of the Hong Kong Institute of Certified Public Accountants and a fellow of the Association of Chartered Certified Accountants.