Annual Report 2023

Report of the Directors CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 76 MANAGEMENT CONTRACTS No contract concerning the management and administration of the whole or any substantial part of the business of the Company had been entered into or existed during the year. MAJOR CUSTOMERS AND SUPPLIERS The revenue from sales attributable to the Group’s largest customer represented 15.8% of the Group’s total revenue in 2023. The aggregate amount of revenue from sales attributable to the Group’s five largest customers combined represented 34.2% of the Group’s total revenue in 2023. The aggregate amount of purchases attributable to the Group’s five largest suppliers represented less than 30% of the Group’s total purchases in 2023. At no time during the year had the Directors, their close associates or any shareholder (whom to the knowledge of the Directors own(s) more than 5% of the Company’s issued shares) had any interest in these major customers and suppliers. EMPLOYEES The Group’s key relationships with its employees are set out in the Management Discussion and Analysis on pages 11 to 29 of the Annual Report. PUBLIC FLOAT Based on the information that is publicly available to the Company and within the knowledge of its Directors, as at the date of this report, there is sufficient public float of not less than 25% of the Company’s issued shares as required under Rule 8.08 of the Listing Rules. AUDITOR The financial statements have been audited by Deloitte Touche Tohmatsu. There has been no changes in the Company’s auditor in any of the preceding three years. On behalf of the Board Feng Boming Chairman Hong Kong, 28 March 2024