On July 21, 2022, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Yanbing Jiang to serve as a member of the Board and as a member of the Company's Nomination and Corporate Governance Committee. Jiang is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd, pursuant to the Shareholders Agreement dated August 26, 2020 between the Company, TZE and TotalEnergies Solar INTL SAS and TotalEnergies Gaz Electricité Holdings France SAS, and is replacing Shen Haoping, whose resignation from the Board was effective immediately upon Jiang's appointment.

Yanbing Jiang serves as a director designated by TZE on Maxeon's Board of Directors and member of its Nominating and Corporate Governance Committee. Jiang is the Chief Strategy Officer of TZE. Prior to his role at TZE, he was a Senior Executive Advisor and Managing Director at PwC Strategy& Germany from January 2019 to early 2022.

Earlier, Jiang had served as the Head of Strategy, Market Development, M&A at Infineon Technologies Greater China region from 2014 to 2018 and was concurrently an independent board member in NanoBioImaging International Ltd. from January 2017 to December 2018. Prior to this, Jiang also held various executive level and strategic positions at Huawei Technologies and Royal Philips Electronics. Jiang graduated from Nankai University with a Bachelor of Science/Computer Science and Bachelor of Law, from Katholieke Universiteit Leuven with a Master of Science/Computer Science and Master of Law, and from Duke University with a Master of Business Administration.