Qingdao Port International Co., Ltd. (Qingdao Port) disclosed that Mr. Li Wucheng resigned on 8 May 2026 upon reaching retirement age. His departure is effective immediately and covers all positions held, including Non-Executive Director, Vice Chairman of the Board, and memberships on both the Strategy Development and ESG Committee and the Remuneration Committee.\n\nThe company confirmed that Mr. Li has no disagreements with the Board, no outstanding claims against the company, and holds no shares or other marketable securities related to Qingdao Port. Management will initiate procedures to elect a new director in accordance with relevant regulatory requirements.\n\nThe Board expressed gratitude for Mr. Li’s contributions during his tenure and conveyed best wishes for his retirement. Current board composition remains unchanged for executive, non-executive, and independent non-executive roles until a successor is appointed.