Nam Tai Property Inc. announced that the special meeting of shareholders held on November 30, 2021, has resulted in a reconstitution of the Company?s Board of Directors. Specifically, the following resolutions were adopted at the Special Meeting: The immediate removal of directors Dr. Wing Yan (William) Lo, Dr. Aiping Lyu, Dr. Lai Ling Tam and Professor Si Zong Wu from the Board; The immediate appointments of Michael Cricenti, Bo Hu, Leung Lin Cheong (Louis Leung), Jeffrey Tuder, Cindy Chen Delano and Paula J. Poskon to the Board.