Ms. CHENG, aged 49, is currently a deputy general manager of the Company and a deputy general manager of COSCO Container Lines. She previously served as the deputy manager of the Strategic Planning Department of the Strategic Development Division, the manager of the Planning and Cooperation Department of the Strategic Development Division, and a deputy general manager of the Strategic Development Department of COSCO Container Lines Co., Ltd. (currently known as COSCO SHIPPING Lines Co., Ltd. (“COSCO Container Lines”)), and a deputy general manager, the executive deputy general manager, and the general manager of the Network Planning Department of COSCO SHIPPING Lines, and the general manager of the Dual Brand Network Planning Center. Ms. CHENG holds a master’s degree in business administration from Fudan University and is a senior economist.