NIO Inc. announced that Professor Yonggang Wen has been appointed as a new independent director to the Company?s board of directors (the ?Board?), effective November 13, 2023. Professor Yonggang Wen currently serves as a Full Professor and Chair of the School of Computer Science and Engineering at Nanyang Technological University, Singapore. He is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE, the world?s largest technical professional organization), a Fellow of Singapore Academy of Engineering, and an Association for Computing Machinery Distinguished Member.

He also serves as the Director of the Centre for Computational Technologies in Finance, and has been the Associate Vice President at the President?s Office of Nanyang Technological University since April 2023. His career has been marked by pioneering work in applying learning-based techniques to system prototyping and performance optimization for large-scale networked computer systems. He has received numerous awards for his contributions, including the 2020 IEEE Industrial Technical Excellence Award, the 2019 Nanyang Research Award and the 2016 Nanyang Award in Innovation and Entrepreneurship. Professor Wen also has a strong record of leadership in academic and research roles, including serving as the Chair for IEEE ComSoc Multimedia Communication Technical Committee from 2014 to 2016 and the Editor in Chief of IEEE Transactions on Multimedia currently.

Professor Wen received his PhD in Electrical Engineering and Computer Science from Massachusetts Institute of Technology in 2008. Professor Wen resides in Singapore and meets the requirements as prescribed in Rule 210(5)(d) of the Listing Manual of the Singapore Exchange Securities Trading Limited. The appointment of Professor Wen is another testament of the Company?s commitment to upholding the highest standards of corporate governance and compliance with applicable securities laws and regulations.