HNA Technology Investments Holdings Limited announced Mr. Jiang Hao ("Mr. Jiang") has tendered his resignation as the Chairman of the Board and an executive Director with effect from 26 February 2022 due to his other business commitments; Mr. Peng Zhi ("Mr. Peng") has tendered his resignation as an executive Director, the Chief Executive Officer and a member of the remuneration committee of the Company (the "Remuneration Committee") with effect from 26 February 2022 due to his other business commitments; Mr. Xu Jie ("Mr. Xu") has tendered his resignation as an executive Director with effect from 26 February 2022 due to his other business commitments; Mr. Wang Jing ("Mr. Wang") has tendered his resignation as an executive Director with effect from 26 February 2022 due to his other business commitments; Mr. Guo Dan ("Mr. Guo") has tendered his resignation as an independent non-executive Director, a member of the audit committee of the Company (the "Audit Committee"), a member of the Remuneration Committee and the chairman of the nomination committee of the Company (the "Nomination Committee") with effect from 26 February 2022 due to his other business commitments; and Ms. O Wai ("Ms. O") has tendered her resignation as an independent non-executive Director and a member of the Audit Committee with effect from 26 February 2022 due to her other business commitments. Each of Mr. Mai Zhaoping ("Mr. Mai", an executive Director) and Mr. Zhang Xueqin ("Mr. Zhang", an executive Director) has been appointed as co-Chairman of the Board. Mr. Mai, aged 54, was appointed as an executive Director on 4 February 2022.

Mr. Mai has extensive experience in business development and management. He is currently the vice chairman of Guangdong Hongfa Investment Group Co., Limited. Mr. Zhang, aged 50, was appointed as an executive Director on 4 February 2022.

Mr. Zhang has extensive experience in business development and management. Each of Mr. Lai Chi Leung ("Mr. Lai", an independent non-executive Director) and Mr. Zhang Dingfang ("Mr. DF Zhang", an independent non-executive Director) has been appointed as a member of the Audit Committee. Each of Mr. Lai and Mr. DF Zhang has been appointed as a member of the Remuneration Committee.

Mr. DF Zhang has been appointed as the chairman of the Nomination Committee.