Mr. XIAO, aged 55, is currently the secretary to the Board and the company secretary under the Hong Kong Listing Rules and the Chief Compliance Officer of the Company, the secretary to the board and the chief compliance officer of COSCO SHIPPING Lines Co., Ltd. (a wholly-owned subsidiary of the Company), and the company secretary, group legal advisor, compliance officer and the chairman of compliance committee, member of inside information committee and the risk committee of Orient Overseas (International) Limited (a company listed on the Stock Exchange (stock code: 316)). He also serves as a director, a member of the executive committee of Orient Overseas Container Line Limited and the chairman of the board of several subsidiaries of the Company. Mr. XIAO is the deputy chairman of the supervisory committee of China Association for Public Companies, a member of the overseas listed companies branch (preparation) and a member of the sustainable development committee under the association, a director of The Swedish Club (a marine mutual insurance association), an executive director of China Maritime Law Association, a representative of a member unit of Shanghai Association for Quality, the vice chairman of Tianjin Association of Public Companies, a director of The Steamship Mutual Underwriting Association (Bermuda) Limited and a member of underwriting and reinsurance committee and claims committee under it, and a council member of the COSCO SHIPPING Charity Foundation. Mr. XIAO joined the COSCO Group in 1994 and served as the general manager of the finance department of COSCO Americas Inc. (中遠美洲公 司), COSCO Americas Terminals Inc. (中遠美洲碼頭公司), the deputy general manager of the Investor Relations Division of China COSCO, the securities affairs representative of COSCO SHIPPING Holdings Co., Ltd., the deputy general manager of the Public Relations Department of China COSCO SHIPPING Corporation Limited. etc. Mr. XIAO holds a bachelor’s degree in finance from the Capital University of Economics and Business, and a master’s degree in applied finance from Macquarie University, and is an associate member of The Hong Kong Chartered Governance Institute (formerly The Hong Kong Institute of Chartered Secretaries) and The Chartered Governance Institute.