Form of Authorization of Director

To: the Managers of China Shipowners Mutual Assurance Association

The undersigned is not able to attend the General Meeting of Members /the meeting
of the Board to be held on…………………………………………………

and, hereby appoints ………………………………………………………………
to be the proxy to attend and vote on my behalf at the General Meeting of Members / the meeting of the Board.

Unless otherwise instructed, the proxy will exercise the functions and powers of a
Director as he thinks fit. 

As witness the hand of the undersigned this day

of ………………………………………

by ……………………………… ( the undersigned)