• Report of the AGM proceedings and resolutions adopted.
• Three new Directors elected to the Board.

TO THE MEMBERS

At the Annual General Meeting held in Hong Kong on Monday 26th October 2015, the proposed resolutions in the agenda were put to the Members and were adopted by the meeting.

The Report and Accounts as audited and certified for the period ended 20th February 2015 were approved. The retiring Directors who offered themselves for re-election were all re-elected. In addition, the following were also elected to the Board:

Mr M. Nomikos of A. M. Nomikos Transworld Maritime Agencies S.A,Athens

Mr J.M.Valkier of AnthonyVeder Group N.V., Rotterdam

Mr YeeYang Chien of MISC Berhad, Kuala Lumpur

Messrs Moore Stephens LLP of London were re-appointed auditors of the Club.

Yours faithfully

:

Members requiring further information should contact their usual Club contact.