The board of directors of Sinotrans Limited was notified recently that Mr. Liu Weiwu ("Mr. Liu"), the non-executive director of the Company, tendered his resignation to the Board and resigned as the non-executive director of the Company with effect from 9 September 2022 due to his work re-allocation. Mr. Liu has confirmed that he does not have any disagreement with the Company and the Board, and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. On 9 September 2022, the Board approved the proposed appointment of Ms. Luo Li as a non-executive director of the Company, and her proposed term of office will be from the date of approval by the shareholders of the Company at the extraordinary general meeting to the expiration date of the third session of the Board.

Ms. Luo, aged 39, is a member of the American Institute of Certified Public Accountants and a Senior Practitioner of the Hong Kong Securities and Investment Institute. Ms. Luo graduated from school of economics in Central University of Finance and Economics with a master's degree in economics. She currently serves as the Deputy of the Finance Department of China Merchants Group Limited.

Ms. Luo successively served as the Chief of fund of the Financial Department of Sinotrans & CSC Holdings Co. Ltd., General Manager of Settlement Department, Assistant to General Manager, the member of the Party Committee of the Sinotrans & CSC Finance Co. Ltd. (now known as China Merchants Group Finance Co.

Ltd.), Assistant to General Manager of the Finance Department (Property Rights Department) of China Merchants Group Limited and Deputy General Manager of China Merchants International Finance Co. Ltd.