The board (the "Board") of directors (the "Directors") of Sinotruk (Hong Kong) Limited announces that Mr. Cai Dong ("Mr. Cai") has tendered his resignation as the chairman of the Board, an executive Director, the chairman of the executive committee of the Company (the "Executive Committee"), and the chairman of the strategy and investment committee of the Company ("Strategy and Investment Committee") with effect from 5 December 2022 due to change in work arrangements. The Board announces that Mr. Liu Zhengtao ("Mr. Liu") has tendered his resignation as an executive Director, the president of the Company (the "President"), a member of the Executive Committee, and a member of the
Strategy and Investment Committee with effect from 5 December 2022 due to change in work arrangements. The Board announces that Mr. Jiang Kui ("Mr. Jiang") has tendered his resignation as a non-executive Director, a member of the remuneration committee of the Company (the "Remuneration Committee"), and a member of the nomination committee of the Company (the "Nomination Committee") with effect from 5 December 2022 due to change in work arrangements. The Board announce that Mr. Wang Zhijian ("Mr. Wang Zhijian") has been appointed as the chairman of the Board, an executive Director, the chairman of the Executive Committee, and the chairman of the Strategy and Investment Committee with effect from 5 December 2022. Mr. Wang Zhijian, aged 51, holds a bachelor's degree in internal combustion engine from Jilin University of Technology, a master degree in power engineering from Tianjin University, and is a PhD student of engineering at Tsinghua University. He is a chief senior engineer. Mr. Wang Zhijian is currently the secretary of the party committee and the general manager of China National Heavy Duty Truck Group Company Limited. Mr. Wang Zhijian previously served as the deputy secretary of the party committee of Weichai Group Holdings Limited and the executive president of Weichai Power Co. Ltd. The Board announce that Mr. Wang Chen ("Mr. Wang Chen"), an existing executive Director and member of the Executive Committee, has been appointed as the President and a member of the Strategy and Investment Committee with effect from 5 December 2022. Mr. Wang Chen, aged 38, holds a bachelor degree from Tsinghua University and a master degree from the Department of Economics at the London School of Economics and Political Science, and is an assistant economist. Mr. Wang Chen is currently the deputy secretary of the party committee and the executive deputy general manager of CNHTC and an existing executive Director of the Company, etc. Mr. Wang Chen previously served as the director of new business development of Shandong Heavy Industry Group Co., Ltd, the director of intelligent network connection and the vice president of the automotive research institute of CNHTC, etc. The Board announce that Mr. Zhang Wei ("Mr. Zhang") has been appointed as an executive Director and a member of the Executive Committee with effect from 5 December 2022. Mr. Zhang Wei, aged 44, holds a master of science in engineering from Jilin University and is an engineer. Mr. Zhang is currently the deputy general manager of CNHTC. In addition, Mr. Zhang previously served as the vice president of Foton Motor Group Company Limited, the executive vice president of Beijing Foton Daimler Automobile Co. Ltd., and the vice president and the deputy general manager of Beiqi Foton Motor Co. Ltd., etc. The Board announce that Ms. Zhao Hong ("Ms. Zhao") has been appointed as an executive Director and a member of the Executive Committee with effect from 5 December 2022. Ms. Zhao Hong, aged 43, holds a bachelor's degree from Lanzhou University of Technology and is a senior engineer. Ms. Zhao is currently the deputy general manager of CNHTC. In addition, Ms. Zhao previously served as an director and the general manager of Sinotruk (Ji'nan) Light-duty Truck Co., Ltd, etc. The Board announces that with effect from 5 December 2022 Mr. Sun Shaojun ("Mr. Sun") has been re-designated from an executive Director to a
non-executive Director and, as a result of the re-designation, Mr. Sun has ceased to be a member of the Executive Committee and has been appointed as a member of the Remuneration Committee and a member of the Nomination Committee with effect from 5 December 2022. Mr. Sun Shaojun, aged 57, is a researcher in applied engineering technology and holds a doctoral degree in engineering from Tianjin University . Mr. Sun is a candidate of National Million and Ten Million Talents Project receives a special subsidy from the State Council and is a Taishan Mountain scholar specialist appointed by Shandong People's Government Mr. Sun is currently a deputy general manager of SHIG. Mr. Sun previously served as an executive president of Weichai Power, etc.