The Board of Directors of COSCO SHIPPING Development Co., Ltd. announced that Mr. Zhao Xiaobo was appointed as an employee representative supervisor of the Company at an employee representative meeting of the Company held on 24 February 2023. The term of office of Mr. Zhao will commence on 24 February 2023 until the end of the seventh session of the Supervisory Committee. Mr. Zhao Xiaobo, born in 1985, is currently an employee supervisor of the Company and the chief accountant of Orient International Containers (Jinzhou).

He had previously served as a supervisor, senior supervisor, assistant manager and deputy manager of the financial management department of China Shipping Investment Co., Ltd. and/or Shanghai Universal Logistics Equipment Co., Ltd. as well as the chief accountant of Orient International Containers (Guangzhou). Mr. Zhao graduated from the University of Shanghai for Science and Technology majoring in national economics, and obtained a master's postgraduate degree. He holds the titles of senior accountant and certified public accountant (CPA).