The board of directors of Coolpad Group Limited announced that Mr. Chiu Sin Nang Kenny ("Mr. Chiu") has resigned as an independent non-executive Director, the chairman of each of the audit committee (the "Audit Committee") and the remuneration committee (the "Remuneration Committee") of the Board and a member of the nomination committee (the "Nomination Committee") of the Board with effect from 8 January 2024, as he wishes to devote more time to his other commitments. The Board announced that Mr. Cheuk Ho Kan ("Mr. Cheuk") has been appointed as an independent non-executive Director, the chairman of each of the Audit Committee and the Remuneration Committee and a member of the Nomination Committee with effect from 8January 2024.Mr. Cheuk, aged 36, obtained a degree of Bachelor of Commerce (Honors) in Accountancy from Hong Kong Baptist University in 2010. Mr. Cheuk has more than 10 years of experience in various areas including accounting, auditing, financial management, taxation, financing and corporate management.

Mr. Cheuk is a member of the Hong Kong Institute of Certified Public Accountants and he is also a practicing accountant in Hong Kong. In 2013, he worked in the assurance department of BDO Limited. From 2013 to 2016, he worked in the assurance practice of PricewaterhouseCoopers Limited.

From 2016 to 2018, Mr. Cheuk was a financial analyst at Merrill Corporation Hong Kong Limited (currently known as TOPPAN NEXUSLIMITED). Mr. Cheuk served as Senior Manager of Finance Department at Huarong Rongde (Hong Kong) Investment Management Company Limited from 2018 to 2019 and Vice-president of Finance Department at China Huarong International Holdings Limited from 2020to 2021.Following Mr. Chiu's resignation, Mr. Cheuk has been appointed as the chairman of each of the Audit Committee and the Remuneration Committee and a member of the Nomination Committee with effect from 8 January 2024.