NaaS Technology Inc. announced that Mr. Lei Zhao has resigned from his position as the Company's chief financial officer for personal reasons, effective immediately. The company also announced the appointment of Mr. Alex Wu as interim chief financial officer and has commenced a formal search for a permanent replacement. Mr. Alex Wu served as interim chief financial officer of RISE Education Cayman Ltd, the predecessor of the Company, from September of 2021 to June of 2022.

Mr. Wu has extensive experience in corporate finance, technology and management matters and currently serves as executive vice president and a member of the Asian Pacific Portfolio Group of Bain Capital Private Equity. 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, Mr. Wu 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 degree from the Australian Graduate School of Management at the University of New South Wales.