On March 30, 2016, the24th Session of the 4th Board of Directors Meeting of China COSCO Holdings Co., Ltd. (the “Company”) was held atthe No. 2 Report Hall on B1 at No. 678, Dongdaming Road, Shanghai. The meeting was presided over by Mr. Wan Min, Chairman of the Company. Directors Sun Yueying and Wang Yuhang attended the conference via telephone due to business reasons. Company directors including Mr. SunJiakang, Mr. Ye Weilong, Mr.XuZunwu, along with company independent directors includingMadam Rita Fan Hsu Lai Tai,Mr. KwongChe Keung, Mr. Peter Guy Bowie and Mr. Yang Liangyi attended the meeting in Shanghai.The meeting was also observed by Chairman of the Supervisory Board Fu Xiangyang, member of the Supervisory Committee Mr. Ma Jianhua and Mr. Gao Ping, Independent SupervisorMr. Meng Yan, Company Vice-president Mr.Wang Haimin and QiuJinguang, Mr.Deng Huangjun - CFO of the Company, Mr. Guo Huawei - Secretary of the Board. At the meeting, 21 proposalsincluding the China COSCO Annual Report 2015 (A-share/H-share) and the Public Notice on Performance of China COSCO in 2015 (H-share)were reviewed, and all proposals were approved unanimously.
On the same day, the 4th Session of China COSCO 4th Supervisory Board Meeting was held.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 Jianhua, Mr. Gao Pingand Madam. Zhang Li, independent supervisors of the Company Mr. Meng Yan. Dr. Zhang Jianping, a total of 10 proposals including the China COSCO 2015 Financial Reports and Audit Report, China COSCO 2015 Profit Distribution Plans and China COSCO 2015 Annual Reports were reviewed and approved.