On July 20, 2020, IsZo Capital issued a letter to shareholders seeking support to convene a meeting of Nam Tai Property Inc.’s shareholders. IsZo stated that it is seeking to convene the special meeting for the purpose of providing shareholders an opportunity to reconstitute the Company’s Board of Directors by removing the incumbent directors of the Company: Ying Chi Kwok, Dr. Wing Yan “William” Lo, Vincent Fok, Professor Si Zong Wu, and Dr. Aiping Lyu and installing 6 highly-qualified and independent individuals: Michael Cricenti, Cindy Chen Delano, Bo Hu, Louis Leung, Paula J. Poskon, and Jeffrey Tuder. IsZo Capital urged the shareholders to visit www.FixNTP.com to support request for a special meeting, which requires support from investors collectively holding 30% of the company’s outstanding shares.