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Investor Presentaiton

240 220 200 180 160 140 120 100 80 60 60 Iron Ore Price Trend February 2011 US$ 193.00/MT May 2021 US$ 233.10/MT 40 20 62% FE CFR China, US$/MT 0 Jan-11 Jan-12 Jan-13 December 2015 US$ 37.00/MT November 2021 US$ 87.20/MT Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21 Jan-22 Source: SSY CHT 中國航運股份有限公司 Chinese Maritime Transport Ltd. Mar/2022 Investor Presentation 19
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