COSCO SHIPPING International (Singapore) Co., Ltd. announced cessation of Ang Swee Tian as lead Independent Non- Executive Director. Role And Responsibilities: Chairman of the Audit and Risk Management Committee Member of the Remuneration Committee Member of Nominating Committee Member of Strategic Development Committee. Job Title: Lead Independent Director, Chairman of Audit & Risk Management Committee, Member of Remuneration, Nominating and Strategic Development Committees.

Reason For Cessation: Mr. Ang Swee Tian (Mr. Ang) will be stepping down as Lead Independent Non-Executive Director of the Company pursuant to the nine-year tenure limit rule for independent directors. Following his cessation, Mr. Ang will also cease to be the Chairman of the Audit and Risk Management Committee and Member of the Remuneration Committee, Nominating Committee and Strategic Development Committee.