Canadian Solar Inc. announced that it has increased the size of its Board of Directors from five to six directors and appointed Lauren C. Templeton as an independent director, thereby increasing the number of independent directors to five. The company also announced that it has appointed Karl E. Olsoni as a strategic advisor to its Board of Directors. Both appointments are effective January 1, 2020. The appointments follow a search process conducted as part of Canadian Solar's ongoing focus on shareholder value creation and Board composition and diversity. Ms. Templeton is the founder and President of Templeton & Phillips Capital Management, LLC. She is also an independent director and member of the Audit Committee of Fairfax Financial Holdings Limited, a financial holding company engaged in property and casualty insurance and reinsurance and associated investment management, and its publicly-traded subsidiary, Fairfax India Holdings Corporation.