Cheng Fu Kwok

Mr. Cheng Fu Kwok, David, aged 72, was appointed as Independent Non-executive Director of the Company on 1 November 2012. Mr. Cheng graduated in 1975 from

the University of Hong Kong with a Bachelor (Honors) Degree in Social Sciences. He has extensive experience in banking, corporate finance, and ship finance. Mr. Cheng has assumed the position of independent non-executive director of Grandland Shipping Limited with effect from 1 January 2016. Mr. Cheng has also been appointed as an independent non-executive director of Miricor Enterprises Holdings Limited, a company listed on the main board of the Stock Exchange, with effect from 19 December 2016. He has also been appointed as Independent Director of Sincere Navigation Corporation, a company listed on the Taiwan Stock Exchange, with effect from 28 June 2019. Mr. Cheng has retired from the Head of Shipfinance in Asia of Credit Agricole CIB with effective from 1 May 2014. He has also retired from the Senior Advisor to Credit Agricole CIB with effect from 30 June 2016 and retired as a director and honorary chairman of Credit Agricole Asia Shipfinance Limited with effect from 10 July 2020. Grandland Shipping Limited, Miricor Enterprises Holdings Limited, and Sincere Navigation Corporation are third parties independent of the Company and connected persons of the Company. Mr. Cheng has also been appointed by the Government of the Hong Kong Special Administrative Region for a two years term as Member of the Maritime and Port Board (“MPB”) and Chairman of the Promotion and External Relations Committee under the MPB with effect from 1 April 2016 to 31 March 2018. He is also the Honorary Treasurer of the Hong Kong Maritime Museum. In June 2015, Mr. Cheng was conferred the Distinction of “Chevalier de l’ordre National du Mérite” by the French Government.