NaaS Technology Inc. announced that the Company has appointed Mr. Alex Wu as its Chief Financial Officer, effective January 15, 2023. Mr. Alex Wu has been serving as the Company's interim chief financial officer since October 1, 2022, and previously served as interim chief financial officer of RISE Education Cayman Ltd, the predecessor of the Company, from September 2021 to June 2022. Mr. Wu has extensive experience in corporate finance, technology and management matters and served as a Managing Director of Bain Capital Private Equity.

In addition, he served as a board director or board observer of various Bain Capital portfolio companies. Before joiningBain Capital Private Equity in 2017, Mr. Wu worked at PricewaterhouseCoopers Consulting with a focus on the technology, media and telecommunications (TMT) sectors and digital solutions across cloud, e-commerce and analytics. Prior to that, he worked with airline and telecommunications companies to plan and deliver transformation programs. Mr. Wu received his bachelor's degree in computer science from Peking University and his MBA from the Australian Graduate School of Management at the University of New South Wales.