OUTLINEThis circular provides details of the AGM of the Association which will take place in Tokyo at 9am on 29th October 2018 and the arrangements for voting by proxyTO THE MEMBERS

Dear Sirs,

ANNUAL GENERAL MEETING

1. Notice of Annual General Meeting on 29th October 2018

The notice of the Annual General Meeting is attached.

2. Agenda for Annual General Meeting

The Agenda is attached and contains customary items to approve the Minutes, to adopt the Report and Accounts, and to appoint Auditors.

3. Proxy Form

A Proxy Form and Schedule of Votes are enclosed in respect of the resolutions in items 4, 5 and 6 of the Agenda. Please note the completed form must reach the Club Secretariat, at the latest, 48 hours before the Annual General Meeting.

Yours faithfully

THOMAS MILLER P&I (EUROPE) LTD

Contact

Members requiring further information should contact their usual Club contact.