On 29 September 2022, the China Infrastructure & Logistics Group Ltd. (company) entered into the CIL Comprehensive Port Logistics Services Framework Agreement with Hubei Port, pursuant to which the Company agreed that the Group will provide Comprehensive Port Logistics Services to the Hubei Port Group at the WIT Port from time to time, for a term commencing on 29 September 2022 and ending 31 December 2022 (both days inclusive). Nature of transaction: Pursuant to the CIL Comprehensive Port Logistics Services Framework Agreement, the parties agreed that the Group will provide Comprehensive Port Logistics Services to the Hubei Port Group at the WIT Port. The CIL Comprehensive Port Logistics Services Framework Agreement is a framework agreement which provides the mechanism for the operation of the connected transactions contemplated thereunder.

Specific Agreements: It is envisaged that from time to time and as required, individual transaction agreements will be required to be entered into between the Group and Hubei Port Group. Each Specific Agreement may only contain provisions which are in all material respects consistent with the binding principles, guidelines, terms and conditions set out in the CIL Comprehensive Port Logistics Services Framework Agreement. Term: From 29 September 2022 to 31 December 2022 (both days inclusive).

On 29 September 2022 (after trading hours), the Company entered into the Hubei Port Comprehensive Port Logistics Services Framework Agreement with Hubei Port, pursuant to which Hubei Port agreed that the Hubei Port Group will provide Comprehensive Port Logistics Services to the Group at the WIT Port and the Hannan Port from time to time, for a term commencing on 29 September 2022 and ending 31 December 2022 (both days inclusive). Nature of transaction: Pursuant to the Hubei Port Comprehensive Port Logistics Services Framework Agreement, the parties agreed that the Hubei Port Group will provide Comprehensive Port Logistics Services to the Group at the WIT Port and the Hannan Port. The Hubei Port Comprehensive Port Logistics Services Framework Agreement is a framework agreement which provides the mechanism for the operation of the connected transactions contemplated thereunder.

Specific Agreements: It is envisaged that from time to time and as required, individual transaction agreements will be required to be entered into between the Group and Hubei Port Group. Each Specific Agreement may only contain provisions which are in all material respects consistent with the binding principles, guidelines, terms and conditions set out in the Hubei Port Comprehensive Port Logistics Services Framework Agreement. Term: From 29 September 2022 to 31 December 2022 (both days inclusive).