The board of directors of Nomad Technologies Holdings Limited announced that with effect from May 20, 2022: Dato' Eric Tan Chwee Kuang has resigned as the chief executive officer of the Company due to his other businesses and personal commitments; Yu Decai, an Executive Director, has been appointed as the Chief Executive Officer. Yu is a director of Hong Kong Worldtone Riches Fund Management Limited and has been appointed as the chairman of board of supervisors of Shenzhen Sunrise New Energy Co. Ltd.