Announcement of the Public Issuance of Short-term Corporate Bonds (Phase I) by China Merchants Port Group Co., Ltd. for Professional Investors in 2026

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15 The issuer and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the contents of this announcement.

Important Notice

1. China Merchants Port Group Co., Ltd. (hereinafter referred to as the "Issuer" or the "Company") obtained registration from the China Securities Regulatory Commission (CSRC) on February 21, 2025, under document number CSRC Permit [2025] 322, for the public issuance of corporate bonds with a face value not exceeding RMB 15 billion (hereinafter referred to as the "Bonds").

2. The Bonds are abbreviated as "26 CMB D1", and the bond code is "524813.SZ". The issuance size of the Bonds is not more than RMB 1 billion (inclusive), with a face value of RMB 100 per bond, an issuance quantity not exceeding 10 million bonds (inclusive), and an issuance price of RMB 100 per bond.

3. In accordance with the Securities Law and other relevant regulations, this bond issuance is only open to institutional investors among professional investors. Ordinary investors and individual investors among professional investors are not permitted to participate in the subscription. After listing, this bond will be subject to investor suitability management, and only institutional investors among professional investors will be allowed to participate in trading. Subscriptions or purchases by ordinary investors and individual investors among professional investors will be invalid.

4. According to the comprehensive assessment of China Chengxin International Credit Rating Co., Ltd., the issuer's credit rating is AAA, with a stable outlook. This bond issuance has no rating. Prior to the issuance and listing of this bond, the company's net assets at the end of the most recent year were RMB 131.301 billion (total equity attributable to owners in the consolidated financial statements as of December 31, 2025), with a consolidated debt-to-equity ratio of 35.96% and a parent company debt-to-equity ratio of 31.75%. As of the end of March 2026, the company's net assets were RMB 133.444 billion, with a consolidated debt-to-asset ratio of 34.94% and a parent company debt-to-asset ratio of 31.77%. The issuer's average annual distributable profit for the most recent three fiscal years was RMB 4.233 billion (the average of the net profit attributable to owners of the parent company of RMB 3.572 billion, RMB 4.516 billion, and RMB 4.611 billion realized in 2023, 2024, and 2025, respectively), which is expected to be no less than 1 times the annual interest of this bond issuance. The issuer's financial indicators prior to this issuance comply with relevant regulations.

5. After the completion of this issuance, the company will promptly submit an application to the Shenzhen Stock Exchange for the listing and trading of this bond. This bond meets the listing requirements of the Shenzhen Stock Exchange and will be traded through matched transactions, click-to-trade, inquiry-based transactions, competitive bidding, and negotiated transactions. However, prior to the listing of these bonds, the company's financial condition, operating performance, cash flow, and credit rating may undergo significant changes. The company cannot guarantee that the listing application for these bonds will be approved by the Shenzhen Stock Exchange. If the bonds cannot be listed at that time, investors have the right to sell the bonds back to the issuer. Investment risks and liquidity risks arising from changes in the company's operations and earnings shall be borne by the bond investors themselves.

6. Term: The term of these bonds is 190 days.

7. Credit Enhancement Measures: These bonds are unsecured.

8. Special Rights Clauses: These bonds have no special rights clauses.

9. The indicative pricing range for these bonds is 1.20%-1.80%. The issuer and lead underwriter will conduct a rate inquiry with offline professional institutional investors on May 25, 2026 (T-1 day) and determine the final coupon rate based on the rate inquiry results. The issuer and lead underwriter will announce the final coupon rate of this bond issue on May 25, 2026 (T-1 day) on the Shenzhen Stock Exchange website (http://www.szse.cn) and the CNINFO website (http://www.cninfo.com.cn). Investors are kindly requested to pay attention.