David M. Turnbull age 57

Chairman

Biography:

David spent 30 years with the Swire Group where he held various senior management positions. He was chairman of Swire's Hong Kong-listed companies Swire Pacific, Cathay Pacific Airways and Hong Kong Aircraft Engineering Company. He has also served as a non-executive director of the Hongkong and Shanghai Banking Corporation, Hysan Development and Air China.

Education & qualifications:

Cambridge University: honours degree in Economics

Term of office:

Appointed INED in May 2006
Appointed Chairman in January 2008 and Executive Director in July 2008
Current term expires in May 2014 or at the 2014 AGM

External appointments:

INED of Green Dragon Gas and Greka Drilling (both London AIM listed)
INED of Hong Kong-listed Sands China
Chairman of Seabury Aviation and Aerospace Asia (Hong Kong), a subsidiary of Seabury Group LLC

Committee membership:

Executive Committee

Mats Berglund age 50

Chief Executive Officer

Biography:

Mats joined Swedish family-owned conglomerate Stena in 1986. From 1986 to 2005, he occupied managerial and leadership positions in various Stena group shipping businesses in Sweden and the US including group controller of Stena Line, vice president and chief financial officer of both Concordia Maritime and StenTex (a Stena-Texaco joint venture), president of StenTex, and vice president and president of Stena Rederi AB (Stena's parent company for all shipping activities). From 2005 to 2011, he was senior vice president and head of Crude Transportation, for New York-listed Overseas Shipholding Group. Between March 2011 and May 2012, he served as chief financial officer and chief operating officer at Chemoil Energy, a Singapore-listed global trader of marine fuel products.

Education & qualifications:

Gothenburg University Business School: a "Civilekonom" degree (equivalent to MBA in Business and Finance)
Advanced Management Program at Harvard Business School in 2000

Term of office:

Appointed Executive Director in June 2012
Current term expires in May 2015, subject to re-election at the 2013 AGM

External appointments:

None

Committee membership:

Executive Committee

Jan Rindbo age 38

Chief Operating Officer

Biography:

Jan joined Pacific Basin in 2001 under secondment from TORM to head Pacific Basin's chartering and commercial operations. He became fully employed by the Group in 2004 and was appointed Chief Operating Officer in January 2010 with responsibility for the Company's dry bulk activities including asset management (sale and purchase) and the technical and commercial operations of the Group's dry bulk fleet. Jan spent seven years with Danish ship owning and operating group TORM (listed in Copenhagen and on NASDAQ) for whom he served in Denmark, Hong Kong and the United States.

Education & qualifications:

Naestved Business College, Denmark
International Executive Development programme at INSEAD
Managing Global Virtual Teams at INSEAD

Term of office:

Appointed Executive Director in April 2007
Current term expires at the 2015 AGM

External appointments:

None

Committee membership:

Executive Committee

Andrew T. Broomhead age 51

Chief Financial Officer

Biography:

Andrew joined Pacific Basin in 2003 as the Group's Chief Financial Officer and Company Secretary. He was appointed as an Executive Director in September 2010 with responsibility for Group finance and accounting, investor relations, corporate governance and compliance and IT. He relinquished the position of Company Secretary in July 2012. Andrew has previously worked with Deloitte, Haskins & Sells, Samuel Montagu, International Finance Corporation, Bakrie Investindo and Sanwa International Finance. He has been based in the UK, USA, Singapore, Indonesia and Hong Kong, and has worked in Asia for over 19 years.

Education & qualifications:

Cambridge University: Master of Arts degree in Natural Sciences
Fellow of both the Hong Kong Institute of Certified Public Accountants and the Institute of Chartered Accountants in England and Wales
Breakthrough Programme for Senior Executives at IMD Business School

Term of office:

Appointed Executive Director in September 2010
Current term expires in August 2013 or at the 2013 AGM

External appointments:

None

Committee membership:

Executive Committee

Chanakya Kocherla age 55

Group Managing Director, PB Towage

Biography:

Chanakya joined Pacific Basin in December 2000 as part of the Company's acquisition of Jardine Ship Management and, since 2010, is Group Managing Director of the Company's PB Towage division. He was previously Managing Director of PB Maritime Services and Director, Fleet - responsible for operations of Pacific Basin's owned and technically managed fleet (including technical operations, manning and training, quality, health, safety and the environment, and newbuildings). He has also served as a director of several wholly owned subsidiaries and jointly owned entities of the Company. Charlie has over 30 years' experience in the shipping industry, including 14 years at sea and experience with several ship types both at sea and ashore.

Education & qualifications:

Directorate of Marine Engineering Training, India: Marine engineer
College of Maritime Studies, Southampton: Certificate of Competency (Motor)
Various executive development programmes in Hong Kong, Singapore and the IMD Business School

Term of office:

Appointed Executive Director in June 2012
Current term expires in June 2015, subject to re-election at the 2013 AGM

External appointments:

None

Committee membership:

Executive Committee

Wang Chunlin age 49

Executive Director

Biography:

CL Wang joined Pacific Basin in March 2006 and was shortly after appointed as an Executive Director with responsibility for group business development with a focus on China. CL has been in shipping since joining the Sinotrans Group in Beijing in 1986. From 1993 to 1995, he served as managing director of Sinotrans' joint venture International Container Leasing Company. In 2002, he was promoted to assistant president of Sinotrans Group and managing director of Sinotrans Shipping. In 2005, he joined IMC Group where he was managing director of IMC Marine Holdings (HK) Ltd and vice chairman of IMC-Yongyue Shipyard & Engineering.

Education & qualifications:

University of International Business and Economics, Beijing
Murdoch University, Australia: MBA degree
Hong Kong Polytechnic University: MSc degree in International Shipping and Transport Logistics
Breakthrough Programme for Senior Executives at IMD Business School

Term of office:

Appointed Executive Director in September 2006
Current term expires at the conclusion of 2013 AGM

External appointments:

None

Committee membership:

Executive Committee

Robert C. Nicholson age 57

Independent Non-executive Director

Biography:

Robin was a senior partner of Richards Butler where he established the corporate and commercial department. He then served as a senior advisor to the board of directors of PCCW Limited. He joined First Pacific Company Limited's (First Pacific) board in June 2003 and was appointed as an executive director of First Pacific in November 2003.

Education & qualifications:

University of Kent
Qualified as a solicitor in England and Wales and in Hong Kong

Term of office:

Appointed INED in March 2004
Current term expires at the 2014 AGM

External appointments:

Executive director of First Pacific
Director of Metro Pacific Investments Corporation, Philex Mining Corporation, and Philex Petroleum Corporation
Executive chairman of Forum Energy plc
Commissioner of PT Indofood Sukses Makmur Tbk.
All of which are subsidiaries, associates or investees of First Pacific group
INED of QPL International Holdings Limited

Committee membership:

Chairman of Remuneration and Nomination Committees
Member of Audit Committee

Patrick B. Paul age 65

Independent Non-executive Director

Biography:

Patrick served with PricewaterhouseCoopers for 33 years, during which time he held a number of senior management positions in Hong Kong, including chairman and senior partner of the firm for seven years.

Education & qualifications:

Oxford University: Master of Arts degree
Chartered accountant

Term of office:

Appointed INED in March 2004
Current term expires at the 2015 AGM

External appointments:

INED of Johnson Electric Holdings
INED of The Hongkong and Shanghai Hotels

Committee membership:

Chairman of Audit Committee
Member of Remuneration and Nomination Committees

Alasdair G. Morrison age 64

Independent Non-executive Director

Biography:

Alasdair served with the Jardine Matheson Group for 28 years holding various senior positions including that of group managing director. He then moved to Morgan Stanley where he was a managing director and then chairman of Morgan Stanley Dean Witter Asia, and chairman and chief executive officer of Morgan Stanley Asia.

Education & qualifications:

Cambridge University: Master of Arts degree
Program for Management Development at Harvard Business School

Term of office:

Appointed INED in January 2008
Current term expires at the 2015 AGM

External appointments:

Senior advisor to Citigroup Asia Pacific
Non-executive director of MTR Corporation and Grosvenor Group Limited in the UK
Member of the Financial Services Development Council, HKSAR

Committee membership:

Audit, Remuneration and Nomination Committees

Daniel R. Bradshaw age 66

Independent Non-executive Director

Biography:

Daniel has served for 35 years with Johnson, Stokes and Master (now Mayer Brown JSM) as a solicitor, partner, head of the firm's shipping practice and now as a consultant. He was vice chairman of the Hong Kong Shipowners Association, a member of the Hong Kong Port and Maritime Board and the Hong Kong Maritime Industry Council.

Education & qualifications:

Victoria University of Wellington (New Zealand): Bachelor of Laws and a Master of Laws
Admitted as a solicitor in England and Hong Kong

Term of office:

Appointed Non-executive Director and Deputy Chairman in April 2006
Stood down as Deputy Chairman in January 2008 and was re-designated as INED in September 2010
Current term expires at the 2014 AGM

External appointments:

Director on the boards of Euronav, IRC, Kadoorie Farm and Botanic Garden Corporation, WWF Hong Kong and Greenship Offshore Manager Pte. Ltd.

Committee membership:

Audit, Remuneration and Nomination Committees

Charles G. Maltby age 41

Managing Director, UK; Director, Handymax

Biography:

Charles joined Pacific Basin in London in 2005 to expand the Company's handymax activities. He is now responsible for the Group's combined dry cargo business in the Atlantic, as well as the global Handymax and Post-Panamax business. He began his shipping career with Mobil Shipping before joining the chartering team of BHP Transport. Following three years in Australia as senior chartering officer responsible for Handysize and Handymax chartering, he returned to London in 2000 to take up a senior Capesize and Panamax chartering position and, in 2001, moved to The Hague to establish the Handysize and Handymax chartering and trading desk for BHP Billiton.

Education & qualifications:

University of Plymouth (UK): BSc in Maritime Business
Advanced Management Programme at INSEAD
Member of the Institute of Chartered Shipbrokers

Morten H. Ingebrigtsen age 51

Director, Asset Management

Biography:

Morten joined Pacific Basin in Hong Kong in January 1989 and re-joined the current Pacific Basin in 1999. He is in charge of the Group's vessel asset management and newbuilding activities. He started his career with major Norwegian shipping group Wilh. Wilhelmsen where he gained experience in the sale and purchase of ships, new project analysis (for bulk carrier and tanker projects) and investor liaison.

Education & qualifications:

Norwegian School of Management: Masters degree in General Business