The Board of Directors of Lenovo Group Limited announced that Mr. Kasper Bo Roersted (alias Kasper Bo Rorsted) has been appointed as an independent non-executive director and a member of the Audit Committee and the Compensation Committee of the Company with effect from February 23, 2024. Mr. Kasper Roersted, aged 61, has extensive experience as global chief executive officer and board member in listed, international companies in information technology, consumer goods, chemical and services industries. Mr. Roersted also possesses competencies in digital transformation, leadership development, sustainability, and global business trend analysis.

Mr. Roersted has been an independent director and a member of the Nomination Committee and the Environmental, Social and Governance Committee of A.P. Møller ­ Mærsk A/S (Nasdaq Stock Exchange listed) since April 2023, and a member of the Supervisory Board and the Innovation and Finance Committee of Siemens AG (Frankfurt Stock Exchange listed) since February 2021. He has also been a senior advisor to the private equity team of KKR & Co. Inc. (New York Stock Exchange listed) since October 2023.

Mr. Roersted was an executive board member and the Chief Executive Officer of adidas AG from October 2016 to November 2022, and the Chief Executive Officer of Henkel AG & Co. KGaA (Frankfurt Stock Exchange listed) from 2008 to 2016. Mr. Roersted also previously served as a board member of Nestlé S.A. (SIX Swiss Exchange listed) from April 2018 to April 2022, an independent non-executive director of Anheuser-Busch InBev SA/NV (primary listed on Euronext Brussels and secondary listed on the Mexico Stock Exchange and the Johannesburg Stock Exchange) from April 2015 to October 2016, and held various management positions in certain multi-national corporations, among others, Oracle Corporation, Compaq Computer Corporation, Hewlett-Packard Company in information technology industry.

Mr. Roersted holds a Diploma in International Business Studies from the Niels Brock Copenhagen Business College, Denmark and completed a series of executive programs in Harvard Business School, the United States of America. Mr. Roersted has entered into a letter of appointment with the Company as an independent non-executive director of the Company for a term of three years commencing from February 23, 2024 and is subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company and the Listing Rules.