CHINA OVERSEAS GRAND OCEANS : Announcements and Notices - List of Directors and Their Role and Function

(incorporated in Hong Kong with limited liability)

(Stock Code: 81) LIST OF DIRECTORS AND THEIR ROLE AND FUNCTION

The members of the board of directors of China Overseas Grand Oceans Group Limited (the "Board") are set out below:

Honourable Chairman

Mr. Kong Qingping*

Non-Executive Directors

Mr. Xiao Xiao (Chairman)

Mr. Yung Kwok Kee, Billy (Vice Chairman)

Executive Directors

Mr. Zhang Guiqing (Chief Executive Officer)

Mr. Wang Man Kwan, Paul (Chief Financial Officer)

Independent Non-Executive Directors

Dr. Chung Shui Ming, Timpson Mr. Lam Kin Fung, Jeffrey

Mr. Lo Yiu Ching, Dantes

There are three Board committees. The membership information of each committee is set out below:

Audit Committee

Dr. Chung Shui Ming, Timpson (Chairman) Mr. Lam Kin Fung, Jeffrey

Mr. Lo Yiu Ching, Dantes

Remuneration Committee

Mr. Lam Kin Fung, Jeffrey (Chairman) Mr. Yung Kwok Kee, Billy

Dr. Chung Shui Ming, Timpson Mr. Lo Yiu Ching, Dantes

Mr. Zhang Guiqing

Nomination Committee

Mr. Lo Yiu Ching, Dantes (Chairman) Dr. Chung Shui Ming, Timpson

Mr. Lam Kin Fung, Jeffrey Mr. Zhang Guiqing

Hong Kong, 10 January 2017

*Not a director of the Company