COSCO SHIPPING Development Co., Ltd. — Board/Management Information 2016

Sep 22, 2016

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock code: 02866)

RESIGNATION OF NON-EXECUTIVE DIRECTOR AND CHANGE OF MEMBERS OF AUDIT COMMITTEE

The board (the “ Board ”) of directors (the “ Directors ”) of China Shipping Container Lines Company Limited (the “ Company ”) announces that Mr. Yang Jigui (“ Mr. Yang ”) has tendered his resignation as the non-executive Director and member of the audit committee of the Board (the “ Audit Committee ”) due to the change of job assignments. The resignation of Mr. Yang will take effect from the date of this announcement.

Mr. Yang has confirmed that, as at the date of this announcement, he has no disagreement with the Board, and there are no other matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to express its sincere appreciation to Mr. Yang for his significant contributions to the Company in the past.

The Board resolved to elect Mr. Chen Dong, a non-executive Director, to act as a member of the Audit Committee and his term of office shall be the same as the current session of the Board, effective from the date of this announcement.

By Order of the Board China Shipping Container Lines Company Limited Yu Zhen Joint Company Secretary

Shanghai, the People’s Republic of China 22 September 2016

The Board as at the date of this announcement comprises of Ms. Sun Yueying, Mr. Wang Daxiong, Mr. Liu Chong and Mr. Xu Hui, being executive Directors, Mr. Feng Boming, Mr. Huang Jian and Mr. Chen Dong, being non-executive Directors, and Mr. Cai Hongping, Mr. Tsang Hing Lun, Ms. Hai Chi Yuet and Mr. Graeme Jack, being independent non-executive Directors.

• The Company is a registered non-Hong Kong company as defined in the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and it is registered under its Chinese name and under the English name “China Shipping Container Lines Company Limited”.