COSCO SHIPPING Ports Limited announced that Mr. CHEN Dong ("Mr. CHEN"), a non-executive director of the Company, will retire by rotation in accordance with the bye-laws of the Company and will not offer himself for re-election as a director of the Company at the annual general meeting of the Company to be held on 24 May 2024 (the "AGM") due to change in job arrangement. Mr. CHEN confirmed that he has no disagreement with the Board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company.