Mr. CHEN, aged 50, has been a Non-executive Director of the Company since December 2024. He is currently the general manager of Operation Management Division of China COSCO SHIPPING Corporation Limited. Mr. CHEN is also a director of COSCO SHIPPING Logistics & Supply Chain Management Co., Ltd., COSCO SHIPPING Logistics Co., Ltd., Shanghai PANASIA Shipping Co., Ltd., a director and a member of the executive committee of Orient Overseas Container Line Limited, and a director of Shanghai International Port (Group) Co., Ltd. (listed in Shanghai). Mr. CHEN had served in various capacities, including the assistant to manager and the deputy manager of container shipping division I of China Shipping Container Lines Co., Ltd. (currently known as COSCO SHIPPING Development Co., Ltd.), the assistant to general manager of China Shipping Container Lines (Hong Kong) Co., Ltd., the general manager of America Division of China Shipping Container Lines Co., Ltd., the assistant to general manager and deputy general manager of China Shipping Container Lines Co., Ltd, the deputy general manager of COSCO SHIPPING Holdings Co., Ltd., and the deputy general manager of COSCO SHIPPING Lines Co., Ltd. Mr. Chen graduated from Shanghai Maritime Academy with major in marine engineering management.