COSCO SHIPPING Energy Transportation Co., Ltd. (COSCO SHIP ENGY) has scheduled its 2026 Annual General Meeting (AGM) for 2:00 p.m. on 26 June 2026 in Shanghai. Key proposals to be tabled are outlined below.

Dividend Proposal • Board recommends a 2025 final dividend of RMB0.38 per share (before tax). • Shareholders on the register at the close of business 24 July 2026 will be entitled to the payout, which is slated for distribution on or before 28 August 2026. • Share transfer books for H shares will close 21–24 July 2026 for dividend entitlement.

Capital Management • Directors seek a 12-month general mandate to issue up to 20% of each class of A and H shares outstanding (excluding treasury shares), including convertible securities. • The mandate would extend until the earlier of the 2027 AGM, 12 months from approval, or subsequent revocation by shareholders.

Guarantee Authorisation • The Board requests approval to provide guarantees of up to US$0.70 billion (or equivalent) covering six wholly-owned subsidiaries, including entities in Hong Kong, Singapore and mainland China.

Corporate Actions • Ratification of the 2 June 2026 Equity Transfer Agreement between COSCO SHIPPING and Dalian COSCO Energy and approval of a subsequent merger by absorption of COSCO SHIPPING Investment Dalian by Dalian COSCO Energy. • Re-appointment of SHINEWING (HK) CPA Limited and ShineWing Certified Public Accountants LLP as overseas and domestic auditors respectively for 2026, with fees set at RMB2.38 million and RMB3.10 million. • Election of three independent non-executive directors—Li Kin Fai, Chen Gang and Cheng Yan—via cumulative voting.

Director & Management Matters • 2026 remuneration packages for directors include: – Executive directors with managerial roles to receive position-based pay only. – Non-executive directors without parent-company roles to receive basic and performance-based remuneration. – Independent directors to receive annual basic allowances of RMB150,000 (special-committee conveners), RMB120,000 (others), or RMB300,000 (overseas individuals), plus meeting allowances of RMB3,000 per board/general meeting and RMB2,000 per committee meeting. • Proposal to maintain liability insurance for directors and senior management in 2026. • Adoption of updated Measures for the Remuneration Management of Directors and Senior Management.

Logistics • H-share register will be closed 23–26 June 2026 for AGM voting purposes. Transfer documents must be lodged by 22 June 2026. • The AGM is expected to last one hour; shareholders bear their own travel costs.

The resolutions collectively address dividend distribution, capital flexibility, risk management via guarantees and insurance, governance enhancements and auditor continuity, positioning COSCO SHIP ENGY for its 2026 operational cycle.