COSCO SHIPPING Holdings Co., Ltd. — Proxy Solicitation & Information Statement 2020

Nov 13, 2020

中遠海運控股股份有限公司 COSCO SHIPPING Holdings Co., Ltd.*

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 1919)

REVISED FORM OF PROXY FOR EXTRAORDINARY GENERAL MEETING

I/We (note 2) of being the registered holder(s) of (note 3) shares of RMB1.00 each in the share capital of COSCO SHIPPING Holdings Co., Ltd.* (the “ Company ”) HEREBY APPOINT THE CHAIRMAN OF THE MEETING or (note 4) of

asandanymy/ourOceanadjournmentproxyHall, to5ththereof)attendFloor,forandShanghaitheact purposesfor Oceanme/usofatHotel,consideringthe extraordinaryNo.1171,and,DongifgeneralthoughtDa Mingmeetingfit,Road,passingof Shanghai,thetheCompanyresolutionsthe toPeople’sbeasheldsetRepublicoutat Conferencein theofrevisedChinaRoom,onnoticeMonday,47thofFloor,the30MeetingCOSCONovemberdatedTower,202016183Novemberat 10:00Queen’sa.m.2020Road(the(theCentral,“ Meeting “ Revised Hong”) (and Notice Kongat of Meeting ”) at the Meeting (and at any adjournment thereof) to vote for me/us and in my/our name(s) in respect of the resolutions as indicated below. Unless otherwise defined, terms used in the Revised Notice of Meeting shall have the same meanings when used herein.

		SPECIAL RESOLUTIONSFor(note 5)
	1.	To consider and approve the proposed amendments to the articles of association, the rules of procedures of the generalmeeting and the rules of procedures of the board of directors of the Company.
	2.	To consider and approve the proposed amendments to the rules of procedures of the supervisory committee of theCompany.
	3.	To consider and approve the registration and issuance of debt financing instruments and corporate bonds by theCompany:
		(i)the registration of debt financing instruments of the Company (as issuer) with the China Association of FinancialMarket Institutional Investors, the outstanding balance of the principal amount of which shall not exceed RMB20billion;
		(ii)the registration of corporate bonds of the Company (as issuer) with the Shanghai Stock Exchange, the registrationamount of which shall be RMB10 billion; and
		(iii)the authorization to the Board or person(s) authorized by the Board to handle matters in connection with suchissuance.
		ORDINARY RESOLUTIONSFor(note 5)
	4.	To consider and approve the Shareholders’ Return Plan for the Years 2020-2022 of the Company.
	5.	To consider and approve the seven Shipbuilding Contracts.
	6.	To consider and approve the Vessel Leasing Service Master Agreement.
	7.	To consider and approve the remuneration of the members of the sixth session of the Board and the members of the sixthsession of the Supervisory Committee:
		(i)the remuneration of the members of the sixth session of the Board and the members of the sixth session of theSupervisory Committee; and
		(ii)the purchase of liability insurance for the Board, the Supervisory Committee and the senior management of theCompany and relevant authorization to the Board and person(s) authorized by the Board.
	8.	To consider and approve the re-election or election of the following persons nominated as executive directors of the sixthsession of the Board:(P
		(1)Mr. Xu Lirong (許立榮) as an executive director of the Company;
		(2)Mr. Huang Xiaowen (黃小文) as an executive director of the Company;
		(3)Mr. Yang Zhijian (楊志堅) as an executive director of the Company; and
		(4)Mr. Feng Boming (馮波鳴) as a non-executive director of the Company.
	9.	To consider and approve the re-election or election of the following persons nominated as independent non-executivedirectors of the sixth session of the Board:(P
		(1)Mr. Wu Dawei (吳大衛) as an independent non-executive director of the Company;
		(2)Mr. Zhou Zhonghui (周忠惠) as an independent non-executive director of the Company;
		(3)Mr. Teo Siong Seng (張松聲) as an independent non-executive director of the Company; and
		(4)Prof. Frederick Si-hang Ma (馬時亨) as an independent non-executive director of the Company.
	10.	To consider and approve the re-election or election of the following persons nominated as supervisors of the sixth sessionof the Supervisory Committee.(P
		(1)Mr. Yang Shicheng (楊世成) as a supervisor representing the Shareholders;
		(2)Mr. Meng Yan (孟焰) as an independent supervisor of the Company; and
		(3)Mr. Zhang Jianping (張建平) as an independent supervisor of the Company.
	Date:	Signature (note 7):

• Notes: 1. IMPORTANT: THE ORIGINAL PROXY FORM DESPATCHED TO YOU ON 16 OCTOBER 2020 IS SUPERSEDED BY THIS REVISED PROXY FORM. 2. Full name(s) (in Chinese and English, as shown in the register of members) and registered address to be inserted in BLOCK CAPITALS . 3. Please insert the class and number of shares registered in the name(s) to which this proxy relates. If no number is inserted, this Revised Form of Proxy will be deemed to relate to all shares of the Company registered in 4. yourIfShareholderanyname(s).proxymayotherappointthan theoneChairmanor more ofproxiesthe Meetingto attendis andpreferred,vote inpleasehis stead.strike ANY out the ALTERATION words “ THE MADECHAIRMANTO THISOF FORMTHE MEETINGOF PROXYor ” MUST and insert BE INITIALLED the name and address BY THE of PERSON the proxy WHO desired SIGNS in the space IT . provided. A 5. IMPORTANT: IF YOU WISH TO VOTE FOR ANY RESOLUTION, PLEASE TICK THE BOX MARKED “FOR” BESIDE THE APPROPRIATE RESOLUTION. IF YOU WISH TO VOTE AGAINST ANY RESOLUTION, PLEASE TICK THE BOX MARKED “AGAINST” BESIDE THE APPROPRIATE RESOLUTION. IF YOU WISH TO ABSTAIN FROM VOTING ON ANY RESOLUTION, PLEASE TICK THE BOX abstain MARKED at his discretion. “ABSTAIN” Your proxy BESIDE will THE also APPROPRIATE be entitled to vote RESOLUTION. at his discretionAnyon anysharesresolutionvoted asproperly“abstain”putwillto thebe Meetingcounted inotherthe thancalculationthose referredof the requiredto in themajority.notice conveningIf no directionthe Meeting.is given, your proxy may vote or

• 1. Attention:in in accordanceIn respectwithoftheresolutionsfollowing8instructions:to 10, the method of cumulative voting will be adopted for these resolutions and the calculation of voting results. When you fill in the blanks titled “Cumulative Voting”, please fill them (i) InForx 4relation=instance,4 millionto resolutionsif youvotingareshares)holding8 to 10,for1formillionresolutionsevery sharesshare8(1)heldandtoby4(4).executiveyou, you directorswill have ofthethesameCompanynumberwillof votingbe electedrightsatwhichthe EGM,equalsthetoaggregatethe numbernumberof directorsof votesor supervisorswhich you willof thehaveCompanywill beto4 bemillionelected(i.e.in 1eachmillionresolution.shares (ii) TheinNotheballotlowestblankwillvotesagainstbe castwillthe“For”,benamenil and“Against”of theeachhighestcandidate,or “Abstain”will yoube theinwillcumulativemaximumbe deemednumbervoting.to castYouofyourvotesare totalrequestedundernumbereachto resolution,fillof votein theequallycorrespondingand doesamongstnot neednumberthe correspondingto beof votesthe integralin candidates.the “Cumulativemultiples of theVoting”numbercolumnof sharesagainstheldthebynameyou.ofIfeachyou candidate.mark “✔” (iii) Pleaseshares,or to castnotetheallaggregatethatyouryouvotesmaynumber(4eithermillion)of castvotesonallyouoneyourhavecandidate;votesregardingto oneor toofthecasttheresolutionsproposed2 million8(1)candidates,votesto on8(4)candidateisor 4castmillion.themA, castYouequally1 maymillionorchoosedifferentlyvotestooncasttocandidateeverymore than1 B,millionandone castofvotesthe1 millionproposedout of thevotescandidates.totalon4candidatemillionFor example,votesC, etc.equallyif youamongare holdingthe 4 candidates1 million (iv) Theto whichtotal younumberare ofentitledyour votesbut ifcastyouronvotesthe candidatesare cast toshallonly notoneexceedcandidate,the aggregatethe ballotnumberwill be ofdeemedvotes tovalidwhichandyouwillarebeentitled.counted However,as the maximumif the totalvotingnumberrightofheldyourbyvotesyou. exceeds the aggregate number of votes (v) PleaseyoutotaluseddirectorscandidateforupnumbernotetheallwithBthecandidatesthatwithofanyvotesyourif“1thenumbermilliontovotestotalarewhichlessofwhichvotesshares”sharesyouthancastmayarethe(otherandentitled,bybetotalunderyoucastthanvotesononwhichcandidate0),thethetoallcandidatesresultsresolutionswhichyourC voteswithinyouyouexceedsare8(1)“1onhavingmillionentitled,resolutionsto the8(4)nototalshares”isthevotes48(1)votesvotesmillion:foronly,tototheare8(4)whichthe(i)othervalidwillif3 millionyouyoucandidateandbe fillareinvalid;thevotesinentitled,remainingdirectors.theorcast“Cumulative(ii)allbyifvotestheInyouyouthisvoteswillarefillcase,Voting”validincastbe theshouldregardedwillandspace“CumulativebecometheyouunderasremainingfillabstaininvalidinaVoting”particularthevotes.blanks1andmillionspacebeForcandidateunderregardedexample,undervotesthecandidatewilldirectorrelevantasifabstainbeyouregardedwithresolutionsAarevotes;withholding“4 millionas“1ifabstainmilliontheof1 themilliontotalshares”,othervotes.shares”,votesshares,candidateyoucastunderhavetheby (vi) Where the votes cast for a particular candidate for director or supervisor of the Company are more than half of the total number of shares held by all Shareholders attending (before cumulation), such candidate shall be elected as the director or supervisor of the Company.
• 1. Theor dulyRevisedauthorizedForm ofattorney(s).Proxy mustIf bethesignedRevisedby Formyou orofyourProxyattorneyis signeddulybyauthorizedan attorneyin writing.of the Shareholder,In the case ofthea corporation,power of attorneythe RevisedauthorizingForm ofthatProxyattorneymusttobesigneitherorunderother itsauthorizationcommon sealdocumentor undermustthe handbe notarized.of its director(s) 8. InLimitedFormorderof attoProxy17Mbe valid,willFloor,thenotHopewellRevisedprecludeFormCentre,you fromof 183ProxyattendingQueen’stogetherandRoadwithvotingEast,the powerinHongpersonKongof attorneyat notthe lessMeetingor thanother24orauthorizationhoursany adjournmentbeforedocumentthe timethereofappointed(if any)if youmustforso wish.bethedepositedholding ofat thethe MeetingCompany’sor anyH shareadjournmentregistrar,thereof.ComputershareCompletionHongandKongreturnInvestorof the ServicesRevised 9. Shareholders or their proxies attending the Meeting shall produce their identity documents. 10. A proxy needs not be a Shareholder, but must attend the Meeting in person to represent you.

• For identification purpose only.