The board ("Board") of directors ("Directors") of COSCO SHIPPING Energy Transportation Co., Ltd. (the "Company", together with its subsidiaries, the "Group") announces that Ms. Yao Qiaohong ("Ms. Yao") has resigned as the company secretary of the Company with effect from 22 July 2022 due to change of job assignment. Ms. Yao has confirmed that she has no disagreement with the Board and there are no other matters in relation to her resignation that need to be brought to the attention of the shareholders of the Company (the "Shareholders") or The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The Board announced that Ms. Ni Yidan ("Ms. Ni") has been appointed as the company secretary of the Company with effect from 22 July 2022. Ms. Ni, aged 37, is the secretary of the Board. She successively served as assistant to general manager of the commercial division of production operation department of the tanker company officiated to China Shipping Development Co., Ltd., deputy general of the public relations division and assistant director of the board/managing director's office, vice director (acting director) of office of board and manager of public relations division of the Company. Ms. Ni holds a Bachelor's degree in management and the title of senior economic engineer. She is also a member of The Hong Kong
Chartered Governance Institute. The Board would like to welcome Ms. Ni on her new positions in the Company.