SDTR Marine Pte Ltd 2022 Annual Announcement

一、Company Information

1．Chinese Name：新诚航运(SDTR)

2．English Name：SDTR Marine Pte Ltd

3．Legal Representive：Gao Dehui

4．Registered Address：600 North Bridge Road, #16-06/07, Parkview Square, Singapore 188778

5．Company Introduction: SDTR Marine Pte. Ltd. (SDTR) is a joint venture shipping company incorporated in Singapore in 2013. Shandong Shipping Corporation, who is a large state-owned enterprise and one of the largest ship owners and operators in China, is the controlling shareholder of SDTR.

SDTR provides dry bulk transportation with worldwide services. Cargoes carried include grain, coal, iron ore, mineral, bauxite, fertilizer, coke, petcoke and sulphur etc. The company’s main activities are focused on grains, coal and iron ore trades.

二、Company Management Structure

The Board of Directors consist of 6 Directors. In accordance with Singapore’s Company Act, SDTR’s Articles of Association, laws and regulations, they conscientiously perform their obligations and exercise their powers, strictly review various proposals of the Board and fully express their opinion on major matters in steering the SDTR in the right strategic direction.

三、Annual Major Events

a) Board Meeting on:

To discuss and approve 2021 SDTR Annual Review

To discuss and approve SDTR 2022 Annual Plan

To discuss and approve 2023 Budget Report

Declaration and payment of Interim Dividend

Setup of SDTR Corporate Authorizations

Issuance of dividend to shareholders

b) Major Manpower Movement

None

四、Impact of Major Events on SDTR

No impact

五、Departmental Public Disclosure and Rectification of Major Concern from:

a) Inspection and supervision review by Superiors

None.

b) Development from major emergencies and emergencies responses

None.

六、Results of Major Restructuring and Reorganization of SDTR

None done for the year 2022.

七、Declaration on Transfer of Corporate Property Rights and Capital Injection through the Capital Market

None.

八、Corporate Social Responsibility

SDTR recognize that social responsibility plays an important role in our strategic development. SDTR realizes the power and strength of economic benefits, social benefits and a sustainable ecological environment combining as one.

SDTR adheres to operating in accordance with the law, abides by social ethics, business ethics and industry rules; and always insists on winning with integrity, service and quality. SDTR has a strict policy against commercial corruption and oppose any unfair competition.

As of 31st December 2022, SDTR has 15 full-time employees. SDTR strictly abides by all of Singapore’s labour laws and regulation, all employees are paid according to their qualifications, job responsibilities and work performance as per Singapore’s Fair Employment Act. All benefits and required statutory benefits are provided to all staff as per stipulated by the Employment Act, such as paid leave, sick leave, child care leave, compassion leave, maternity leave, insurance, medical insurance and Central Provident Fund.

九、Company’s Milestones and Achievements

As part of SDTR's social responsibility and environmental sustainability goals, employees and their families gathered at Changi Beach on 16 May 2022 to take part in a beach clean-up and learn more about the marine ecosystem.

SDTR issued its first SDTR 2021 Green House Gases (GHG) Emission Report which was verified by China Classification Society and the report is prepared in accordance to ISO 1406-1 and ISO 14065-3 standards.

SDTR sponsored carbon credits to Singapore Shipping Association 37th Annual Gala Dinner, attended by Singapore’s Minister for Transport, making it a carbon neutral event.

SDTR contributed financially to Asia’s First Sustainable Deposit Fund managed by Standard Chartered Bank, Singapore (SCB), in support of qualified green and sustainable activities with outcomes aligned to United Nation’s Sustainable Development Goals (SDGs) in developing countries in Asia, Africa and Middle East.

十、Other disclosure to be disclosed in accordance to the regulation and law

None.