Annual Report 2021

China Merchants China Direct Investments Limited Annual Report 2021 48 DIRECTORS’ REPORT (CONTINUED) BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENT (CONTINUED) Mr. Michael Charles VITERI, aged 59, was appointed as an Independent Non- executive Director of the Company on 18 October 2021. He is the Chief Investment Officer for the Arizona State Retirement System (“ ASRS ”) which manages investment portfolios such as public equity, private equity, public fixed income, private credit, and real estate with a market value of US$50 billion. He also serves as a member on the FTSE Russell Indexes Client Advisory Committee, Standard & Poor’s Dow Jones Indices Client Advisory Panel and the MSCI Indexes Client Advisory Board. Mr. VITERI has extensive experience in the investment and trading industry. From June 2008 through May 2021, Mr. VITERI served as the Senior Investment Officer for Oregon State Treasury (“ OST ”) which managed investment portfolios for various state agencies with a combined market value of US$119 billion, including the US$86 billion Oregon Public Employees Retirement Fund. Mr. VITERI joined OST in 2008, where he created the internally managed equity program requiring the acquisition and integration of infrastructure governing portfolio management, order management, trading, settlement, and risk management. He directed the management of several internally managed domestic, international, and emerging market portfolios and managed multiple external global equity asset managers with total equity assets exceeding US$29 billion. He also supervised the investment oversight of the US$2.5 billion Oregon Savings Growth Plan and served as the de-facto Chief Investment Officer for the US$2 billion Common School Fund Endowment. From July 2000 through June 2008, Mr. VITERI served as the Public Equity Portfolio Manager and Assistant Chief Investment Officer for the US$28 billion ASRS. From January 1999 through July 2000, Mr. VITERI served as a Portfolio Manager at Fan Asset Management in Mountain View, California. Mr. VITERI also served as an Adjunct Instructor of Finance in the Thunderbird School of Global Management at Arizona State University, USA for 13 years, from 2004 through 2017, where he created and implemented course curriculum for three MBA capstone finance courses while teaching over 27 graduate classes. Mr. VITERI obtained his bachelor’s degrees in Anthropology and in Spanish from Arizona State University, and obtained his master’s degree in International Management from the Thunderbird School of Global Management.