On 18 November 2019, the COSCO SHIPPING International (Hong Kong) Co., Ltd. entered into the following agreements which constitute continuing connected transactions of the Company subject to the reporting, announcement, shareholders' approval and annual review requirements under Chapter 14A of the Listing Rules: (A) The New Master Supply Agreement: The principal terms of the New Master Supply Agreement are set out below: Date: 18 November 2019; Parties: The COSCO SHIPPING International (Hong Kong) Co., Ltd.; and COSCO SHIPPING (Hong Kong) Co., Limited.