On October 17, 2022, the Board of Directors of Maxeon Solar Technologies, Ltd. appointed Sean Wang to serve as a member of the Board and as a member of the Company's Coordination Committee. Sean Wang is a designee of Zhonghuan Singapore Investment and Development Pte. Ltd. (“TZE”), 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 Wang Yan, whose resignation from the Board was effective immediately upon Sean Wang's appointment.

Mr. Wang is the Executive President of International Operations for TZE. Prior to his role at TZE, he was Chairman of Shanghai E-Talent Digitech Investment from October 2019 to June 2022. Earlier, Mr. Wang served as the Senior Vice President and Chief Investment Director of ENN Group from March 2018 to September 2019 and has held senior management roles at ENN Energy Holdings Limited.

Prior to this, Mr. Wang was a managing partner at Sino-Sin Investment Fund and an Executive Director and Chief Financial Officer at China Rongsheng Heavy Industries Group and has held various other executive leadership roles during his career. Mr. Wang graduated from Hamline University in 1986 with a Bachelor of Economics and from the Carlson School of Management at the University of Minnesota with a Master of Business Administration in 1989.