On January 2, 2024, Andrew Moir notified TPI Composites, Inc. (the ?Company?) of his resignation as a member of the Company?s board of directors, effective immediately. Mr. Moir?s resignation is not the result of any dispute or disagreement with the Company on any matter relating to the Company?s operations, policies or practices. Following his resignation, Mr. Moir will be appointed to a board observer role.

Mr. Moir is resigning from the Board and being appointed as a board observer in connection with rights afforded to each of Oaktree Power Opportunities Fund V (Delaware) Holdings, L.P., OPPS TPIC Holdings, LLC and Oaktree Phoenix Investment Fund, L.P. pursuant to the previously disclosed Credit Agreement and Guaranty, dated as of December 14, 2023, with the subsidiary guarantors from time to time party thereto, the lenders from time to time party thereto (the ?Lenders?) and Oaktree Fund Administration, LLC, as administrative agent for the Lenders.