On December 11, 2015, the 21th Session of the 4th Board of Directors Meeting of China COSCO Holdings Co., Ltd. (the “Company”) held at Beijing Ocean Plaza, in form of video-telephone conference. The Meeting was presided over by Mr. Ma Zehua - Chairman of the Company¸ and was attended by company directors including Mr. Li Yunpeng - Vice Chairman of the Company, Madam Sun Yueying, Mr. SunJiakang, Mr. Ye Weilong, Mr. Wang Yuhang, and Mr.Wan Min. Along with Company independent directors including Madam Rita Fan Hsu Lai Tai, Mr. Kwong Che Keung, Mr. Peter Guy Bowie and Mr. Yang Liangyi attended the meeting. The meeting was also attended by Mr. Fu Xiangyang - Chairman of the Board of Supervisors, member of the Supervisory Committee Mr. Ma Jianghua, Mr. Gao Ping and Madam. Zhang Li, Independent Supervisor Mr. Meng Yan and Mr. Zhang Jianping, Executive Vice Presidents of the Company Mr. Xu Zunwu, Mr. Wang Haimin, Mr. Qiu Jinguang, Mr. Tang Runjiang - CFO of the Company, Mr. Guo Huawei - Secretary of the Board and Mr. Wang Xiaodong - Assistant to the President. At the meeting, sixteen proposals including the Proposal on China COSCO’s Compliance with Major Assets Restructuring Conditions were reviewed, and all proposals were approved unanimously.
On the same day, the 8th Session of China COSCO 4th Supervisory Board Meeting was held at Beijing Ocean Plaza. The Meeting was presided over by Mr. Fu Xiangyang - Chairman of the Supervisory Committee, and was participated by members of the Supervisory Committee including Mr. Ma Jianghua, Mr. Gao Ping and Madam. Zhang Li, independent supervisors of the Company Dr. Zhang Jianping attended the meeting, independent supervisors of the Company Mr. Meng Yan participated the meeting in form of teleconference. Relevant proposals were reviewed and approved in the meeting.