Graphene Manufacturing Group Ltd. advised that Company Director Mr. Jack Perkowski, based in New Jersey USA, is appointed by the Company's board of directors as Chairman of the Board effective October 24, 2023. Upon graduation from Yale and the Harvard Business School, Mr. Perkowski spent twenty years on Wall Street as Head of investment banking at Paine Webber, a major securities firm that was eventually acquired by UBS in 2000. In 1991, Mr. Perkowski moved to Hong Kong in order to focus on the development of Asia and China, and in 1994 founded Beijing based ASIMCO Technologies.

From 1994 to 2008, Mr. Perkowski served as the Chairman of ASIMCO'sBoard of Directors and the company's Chief Executive Officer, building ASIMCO into one of the most important players in China's automotive components industry. Under Mr. Perkowski's leadership, ASIMCO gained a reputation for developing local management and integrating a broad-based China operation into the global economy. ASIMCO was later sold to a private equity firm in 2010 and is still regarded as one of the most successful automotive component manufacturing companies in China.

Upon leaving ASIMCO, Mr. Perkowski founded JFP Holdings, a merchant banking firm focused on China, where he now serves as Chairman.