On March 6, 2024, the Board of Nam Tai Property Inc. appointed Yuhua (Lillian) Zhang (Ms. Zhang) to the role of Chief Financial Officer (CFO) of the Company. Ms. Zhang has served as the managing director of YWK Consulting (YWK), a consulting firm in the PRC, since 2019, where she has provided clients financial advisory services, including corporate finance, forensic accounting and litigation support as an expert accountant. Ms. Zhang?s previous experience includes serving as the managing director and head of the China office of Zolfo Cooper Asia, as a senior director at FTI Consulting China, and as an associate director at Ferrier Hodgson China.

Ms. Zhang is a member of the Institute of Chartered Accountants Australia & New Zealand and a member of Insol International. Ms. Zhang received a Master of Commerce in Accounting with Finance from the University of Sydney. Ms. Zhang has more than twenty years of experience in the Asia-Pacific region and is experienced in advising clients on investment monitoring, corporate strategy, restructuring, performance improvement and investment opportunity analysis.

The Board believes Ms. Zhang?s prior experience and current involvement in the Company?s continued efforts to obtain total on-shore control of the Company?s assets in the PRC provide her with the requisite experience to serve as the CFO of the Company.