The Board of Xiaomi Corporation announced that the CFO Search Committee has selected Mr. Alain Lam to serve as the CFO. Mr. Lam has been appointed as the CFO of the Company and he will commence such roles on October 8, 2020. Mr. Lam, aged 46, has over 20 years of investment banking experience. He previously served as a managing director and the head of technology, media and telecom in the investment banking and capital markets department of Credit Suisse in Asia Pacific.