Annual Report 2023

CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 36 Corporate Governance Report The Board formulates the overall strategy of the Group, monitors its financial performance and maintains effective supervision over the management. The Board members are fully committed to their roles and have acted in good faith to maximise the shareholders’ value in the long run, and have aligned the Group’s goals and directions with the prevailing economic and market conditions. Daily operations and administration are delegated to the management. At least fourteen days’ notice of all regular board meetings is given to all Directors and they can include matters for discussion in the agenda if necessary. The Company Secretary or his assistant assists the Chairman in preparing the agenda for meetings and ensures that all relevant rules and regulations are followed. The agenda and the accompanying board papers are sent to all Directors at least three days before the date of every board meeting so that the Directors have the time to review the documents. Minutes of every board meeting are circulated to all Directors for their perusal prior to confirmation of the minutes at or before the following board meeting. TRAINING AND SUPPORT FOR DIRECTORS Every Board member is entitled to access board papers and related materials and has unrestricted access to the advice and services of the Company Secretary or his assistant, and has the liberty to seek external professional advice if so required. The Company Secretary or his assistant continuously updates all Directors on the latest development of the Listing Rules and other applicable regulatory requirements to ensure compliance and upkeep of good corporate governance practice. Furthermore, all Directors participated in continuous professional development to develop and refresh their knowledge and skills and to ensure that their contribution to the Board remains informed and relevant. During the year, the Directors participated in the following trainings: Name of Directors Type of training Feng Boming * 1 A,B,C Yim Kong A,B,C Yang Guolin A,B,C Xu Song * 2 A,B,C Lu Yongxin * 3 A,B,C Tu Xiaoping A,B,C Chan Hiu Fung Nicholas A,C Chan Yuen Sau Kelly * 4 A,C Li Ka Fai David A,C Wong Chi Wing * 5 A,C Wong Pui Wah A,C Deng Renjie * 6 N/A Wang Xiufeng * 7 N/A Bong Shu Ying Francis * 8 N/A Kut Ying Hay * 9 N/A A: attended seminars and/or conferences and/or forums B: gave talks at seminars and/or conferences and/or forums C: read journals and updates relating to the economy, general business or director’s duties and responsibilities etc. *1 Mr. Feng Boming has been appointed as the Chairman of the Board and a Non-executive Director of the Company on 24 July 2023. *2 Mr. Xu Song has been redesignated from the Managing Director of the Company to the Vice Chairman of the Board and the Chief Executive Officer of the Company on 24 July 2023. *3 Mr. Lu Yongxin has been appointed as the Managing Director of the Company on 24 July 2023. *4 Ms. Chan Yuen Sau Kelly has been appointed as an Independent Non- executive Director of the Company on 21 March 2023. *5 Mr. Wong Chi Wing has been appointed as an Independent Non-executive Director of the Company on 24 July 2023.

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