CSSC Offshore & Marine Engineering (Group) Company Limited at its AGM held on May 27, 2026 approved appointment of Mr. Weng Hongbing as an executive Director of the eleventh session of the Board and a member of the strategy committee of the Board, with effect upon the conclusion of the 2025 AGM until the expiry of the eleventh session of the Board. Given that the former chairman of the Company has resigned, pursuant to Article 122 of the Company Law of the People's Republic of China and Article 119 of the Company's Articles of Association, if the chairman is unable to or does not perform his/her duties, the vice chairman shall perform the duties of the chairman; if the Company does not have a vice-chairman or the vice-chairman is unable to or does not perform his/her duties, a director jointly elected by more than a majority of the members of the Board shall perform the duties. Upon being jointly elected by all Directors, Mr. Weng Hongbing shall perform the duties of the chairman, with effect upon the date of approval of the resolution by the Board until the date when a new chairman is elected by the Board.

Mr. Cheng Bolin has been appointed as a non-executive Director of the eleventh session of the Board and a member of the strategy committee of the Board, with effect upon the conclusion of the 2025 AGM until the expiry of the eleventh session of the Board.