The Board of Directors of Pacific Basin Shipping Limited announced the appointment of Mr. Alexander Howarth Yat Kay Cheung as a Non-executive Director of the Company with effect from 3 January 2022 when he will also be appointed as a member of the Company's Audit Committee, Remuneration Committee and Nomination Committee. In 2005, he joined the Hong Kong law firm, Vincent T. K. Cheung, Yap & Co. (which has been a legal adviser to the Company mainly on matters relating to Hong Kong corporate laws and regulations) as a partner and the head of the firm's Central branch. He advises numerous clients on a broad range of corporate, commercial, capital markets, regulatory and employment matters. He is also well versed in governance and compliance matters.