The Board of Liaoning Port Co., Ltd. announced that at its AGM held on June 15, 2023, the company elected Dr. Xu Xin as a non-executive Director for the seventh session of the Board for a term of three years commencing from the date of approval at the AGM. During his term of service, no remuneration shall be paid to him for his service as a Director, and no other welfare or bonus shall be paid. The company also elected Mr. Chan Wai Hei as an independent non-executive Director for the seventh session of the Board for a term of three years commencing from the date of approval at the AGM. During his term of service, the Company shall pay him the remuneration of RMB 250,000 before tax per year for his service as an independent non-executive Director. In addition, no other welfare or bonus shall be paid. The Board further announces that at the first extraordinary meeting for the year of 2023 of the seventh session of the Board held on 15 June 2023, the Board has approved the election of the members of the committees of the Board with effect from the conclusion of the Board meeting on 15 June 2023: Strategic Development Committee: Mr. Wang Zhixian has been appointed as the chairman and Mr. Zhou Qinghong, Dr. Xu
Xin, Mr. Wei Minghui and Dr. Xu Song have been appointed as members of the strategic development committee. Nomination and Remuneration Committee:
Dr. Liu Chunyan has been appointed as the chairman and Mr. Wang Zhixian and Ms. Cheng Chaoying have been appointed as members of the nomination and remuneration committee. Audit Committee: Ms. Cheng Chaoying has been appointed as the chairperson and Mr. Zhou Qinghong and Mr. Chan Wai Hei have been appointed as members of the audit committee. Financial Management Committee: Mr. Chan Wai Hei has been appointed as the chairman and Ms. Cheng Chaoying and Dr. Xu Xin have been appointed as members of the financial management committee.