Interim Report 2023

Management Discussion and Analysis 26 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED In respect of code provision F.2.2 under the Corporate Governance Code, Mr. Deng Renjie, the then Chairman of the Board, did not attend the annual general meeting of the Company held on 2 June 2023 due to business trip. Mr. Yim Kong, the Non-executive Director of the Company and the Vice Chairman of the Board, took chair of the annual general meeting according to the Company’s articles of association. In order to ensure effective communication with the shareholders, the Chairman of the audit committee of the Company (the “ Audit Committee ”) and other Board members and the external auditor attended at the annual general meeting of the Company held on 2 June 2023 to answer shareholders’ questions. The current practices of the Company will be reviewed and updated regularly to reflect as much as possible the latest best practices in corporate governance. AUDIT COMMITTEE The Audit Committee comprises all of the five independent non-executive directors. The Audit Committee has reviewed with management the accounting principles and practices adopted by the Group and discussed auditing, internal control and risk management and financial report matters including the review of the unaudited interim results for the six months ended 30 June 2023. UPDATE ON DIRECTOR‘S BIOGRAPHICAL DETAILS Mr. Feng Boming resigned as the chairman and non-executive director of Sinotrans Limited with effect from 7 July 2023, shares of which are listed on the Shanghai Stock Exchange and the HKSE. He was also appointed as the chairman of China Merchants Energy Shipping Co., Ltd. with effect from 28 July 2023, shares of which are listed on the Shanghai Stock Exchange. Ms. Chan Yuen Sau Kelly was appointed as the independent non-executive director of Best Mart 360 Holdings Limited with effect from 11 August 2023, shares of which are listed on the HKSE. Saved as disclosed above, there is no other information required to be disclosed pursuant to Rule 13.51B(1) of the Listing Rules. PURCHASE, SALE OR REDEMPTION OF THE COMPANY’S LISTED SECURITIES The Company and its subsidiaries have not purchased, sold or redeemed any of the Company’s listed securities during the period. By Order of the Board Feng Boming Chairman Hong Kong, 30 August 2023