Exemption from non-compete clause for directors in 2025 shareholders’ meeting

1.Date of the shareholders meeting resolution:2025/06/10
2.Name and title of the director with permission to engage in competitive conduct:
 Hsu Chi Kao/ Director
 Koo Tse Hau/ Independent director
3.Items of competitive conduct in which the director is permitted to engage:
 Investment or other business with the same range of the Company’s business or behavior similar to the
 Company and acting as a director or manager.
4.Period of permission to engage in the competitive conduct:
 Within period of serving as director of the Company.
5.Circumstances of the resolution (please describe the results of voting in accordance with Article 209 of the
 Company Act):Approve.
 approval votes: 363,845,590(93.92%)
 disapproval votes: 1,173,521
 abstain votes: 0
 invalid votes/no vote: 2,237,604
6.If the permitted competitive conduct belongs to the operator of a mainland China area enterprise, the name
 and title of the directors (if it is not the operator of a Mainland-area enterprise, please enter “N/A” below):
 Koo Tse Hau/ Independent director
7.Company name of the mainland China area enterprise and the director’s position in the enterprise:
 Valles Steamship Company Limited, Director
8.Address of the mainland China area enterprise:
 Room 6810-11, 68/F, The Center, 99 Queen’s Road Central, Hong Kong.
9.Operations of the mainland China area enterprise: Vessel Shipping/Oil tanker shipping
10.Impact on the company’s finance and business:Nil.
11.If the directors have invested in the mainland China area enterprise, the monetary amount of the investment
 and their shareholding ratio:Nil.
12.Any other matters that need to be specified:Nil.