The Board of China Cosco Holdings Co. Ltd. announced that at the EGM held on 9 October 2019, the shareholders have approved the appointment of Mr. Yang Zhijian as an executive Director with effect from 9 October 2019; Mr. Feng Boming as an executive Director with effect from 9 October 2019; and with effect from 9 October 2019: (i) Mr. Wang Haimin has resigned as a member of the Strategic Development Committee, the chairman of the Risk Control Committee and a member of the Nomination Committee; (ii) Mr. Yang Zhijian has been appointed as a member of the Strategic Development Committee, the chairman of the Risk Control Committee and a member of the Nomination Committee; (iii) Mr. Feng Boming has been appointed as a member of the Remuneration Committee; and (iv) Mr. Teo Siong Seng has been appointed as a member of the Risk Control Committee. Mr. Yang Zhijian, aged 55, is currently the employee representative director of China COSCO Shipping Corporation Limited, the general manager and deputy party secretary of the Company, the chairman of the board, general manager and deputy party secretary of COSCO SHIPPING Lines Co., Ltd. (a wholly-owned subsidiary of the Company), an executive director of Orient Overseas (International) Limited (a non-wholly owned subsidiary of the Company listed on the Main Board of the Stock Exchange (stock code: 316)), a director, a joint chief executive officer and a member of the executive committee of Orient Overseas Container Line Limited (a non-wholly owned subsidiary of the Company). He previously held various positions including the head of Ocean Transportation Division of Shanghai Ocean Shipping Co., Ltd., the head of Corporate Planning Division and deputy general manager of marketing department of COSCO Container Lines Co., Ltd.