COSCO SHIPPING Technology Co., Ltd.
2025 Annual Independent Director Performance Report
Independent Director Li Jiaming
As an independent director of COSCO SHIPPING Technology Co., Ltd. (hereinafter referred to as the "Company"), in accordance with the "Company Law," "Management Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association" and "Work Rules for Independent Directors of COSCO SHIPPING Technology Co., Ltd.," I have faithfully, diligently, and independently performed my duties as an independent director. I actively attended relevant meetings, conscientiously reviewed all proposals submitted to the board of directors, effectively protected the legitimate rights and interests of the Company and all shareholders, and promoted the standardized operation of the Company. I have fully exercised my role in decision-making, supervision and checks and balances, and professional consultation within the board of directors. The following is a report on my performance of duties as an independent director in 2025.
I. Basic Information
(I) Independent Director Information
The Company's board of directors has 3 independent directors, which complies with relevant laws, regulations, and the Company's system.
(II) Personal Work Experience, Professional Background, and Concurrent Positions
I, Li Jiaming, am a Chinese national with no overseas residency. I was born in 1972 and hold a Master's degree. I am currently a senior partner at Shanghai Jianwei Law Firm.
I am an independent director of COSCO SHIPPING Technology Co., Ltd. I have previously worked at Shanghai Patent and Trademark Office, GE (China) Research & Development Center Co., Ltd., Hongqiao Zhenghan Law Firm, Shanghai Han Hong Law Firm, and Grandall Law Firm (Shanghai).
(III) Explanation on Whether There Are Circumstances Affecting Independence
As an independent director of the Company, after self-inspection, I have not held any positions in the Company other than that of an independent director. Neither I nor my immediate family members or principal social relations are employed by the Company or its affiliated enterprises, nor are they employed by the Company's principal shareholders. There are no circumstances where I provide financial, legal, or consulting services to the Company and its controlling shareholders or their respective affiliated enterprises, which would hinder my independent and objective judgment, or affect the independence of the independent director.
II. Overview of Performance in 2025
(I) Attendance at Board and Shareholder Meetings
In 2025, the Company held 8 board meetings and 2 shareholder meetings. In my opinion, the convening and holding of the Company's board meetings and shareholder meetings complied with legal procedures, and all major operating decisions and other significant matters underwent relevant approval procedures. During the reporting period, my attendance at board meetings and shareholder meetings is as follows:
| Independent Director Name | Number of Meetings to Attend | Actual Attendance | On-site Attendance | Remote Attendance | Proxy Attendance | Absence | Consecutive Absences | Shareholder Meeting Attendance |
|---|---|---|---|---|---|---|---|---|
| Li Jiaming | 8 | 4 | 4 | 0 | 0 | No | 0 |
In 2025, as an independent director of the Company, I personally attended the Company's board meetings; there were no instances of authorizing other independent directors to attend meetings on my behalf. I voted in favor of all proposals reviewed, and did not raise any objections or abstentions on any matters of the Company.