COSCO SHIPPING Holdings (COSCO SHIPPING Holdings Co., Ltd.) has issued a circular ahead of its 26 May 2026 Annual General Meeting outlining key proposals for shareholder approval.

Dividend • 2025 net profit attributable to shareholders reached RMB30.87 billion. • The Board recommends a 2025 final cash dividend of RMB0.44 per share, to be paid on the share capital registered on the record date, less any treasury shares. • Shareholders will also vote on authorising the Board to set the 2026 interim dividend at 30%–50% of first-half attributable net profit, subject to capital requirements.

Capital Management • The Board seeks separate 10% repurchase mandates for A shares and H shares during the period to the 2026 AGM. – Based on the latest share count (12.56 billion A shares and 2.76 billion H shares), this equates to maximum buy-backs of 1.26 billion A shares and 0.27 billion H shares. • A guarantees mandate is proposed, capping new and existing external guarantees at US$5.53 billion (approximately RMB38.10 billion) until the 2026 AGM.

Auditors • Appointment of ShineWing Certified Public Accountants LLP (domestic) and SHINEWING (HK) CPA Limited (international) is proposed, with audit fees of RMB12.70 million and RMB7.80 million respectively.

Board & Governance • Shareholders will consider re-electing five executive directors, electing one non-executive director and four independent non-executive directors to form the eighth Board (term: July 2026–December 2028). • A new remuneration framework covering directors and senior management is tabled, alongside approval for liability insurance for directors and senior executives.

Meeting Details • The AGM, A-share class meeting and H-share class meeting will be held in Hong Kong and Shanghai on 26 May 2026. Record dates are 19 May 2026 for voting rights and 30 May 2026 for dividend entitlement.