The board of directors of TCL Electronics Holdings Limited announced the following changes in directorate and membership of the strategy committee of the Company: Mr. YAN Xiaolin has tendered his resignation as an executive Director with effect from 28 March 2024 to devote more time to focus on his other career development and work arrangements. Upon the resignation of Mr. YAN Xiaolin as an executive Director taking effect, he also ceased to be a member of the Strategy Committee. Mr. WANG Cheng has tendered his resignation as a non-executive Director with effect from 28 March 2024 to devote more time to focus on his other career development and work arrangements.

Mr. LI Yuhao, who is due to retire from office by rotation as a non-executive Director at the conclusion of the 2024 AGM which is scheduled to be held on 20 May 2024 in accordance with the articles of association of the Company (Articles), has indicated to the Board that he would not offer himself for re-election as a non-executive Director at the 2024 AGM to devote more time to focus on his other career development and work arrangements. Mr. ZHANG Shaoyong has been appointed as an executive Director and a member of the Strategy Committee, all with effect from 28 March 2024. Mr. ZHANG Shaoyong, born in August 1978, is the chief executive officer of the Company.

Mr. ZHANG Shaoyong is also currently a senior vice president and a member of the executive committee of TCL Industries Holdings Co. Ltd. (TCL Industries Holdings) and the general manager of the pan-smart screen business unit and a director in various subsidiaries of the Company. Mr. ZHANG Shaoyong joined the Company after he graduated from Northwestern Polytechnical University in 2000.

Starting from entry level, he successively worked as the manager, senior manager, vice president and general manager of various branches, business units and departments of the Group. During his tenure, he made valuable contribution for increasing the market share of the Group in China. He also introduced a series of smart home products which has laid down the foundation of TCL smart home ecosystem and internet of things.

Mr. ZHANG Shaoyong holds a bachelor's degree from Northwestern Polytechnical University and an executive master of business administration (EMBA) degree from Renmin University of China. Currently, Mr. ZHANG Shaoyong has also taken up a number of public positions such as the deputy chairperson of the EMBA alumni association of Renmin University of China, vice chairperson of China Video Industry Association and vice chairperson of China Household Electrical Appliances Association. Mr. ZHANG Shaoyong shall hold office as an executive Director until the first annual general meeting of the Company after his appointment and he shall then be subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with the Articles and the Listing Rules.

Mr. SUN Li has been re-designated from a non-executive Director to an executive Director with effect from 28 March 2024. Mr. SUN Li, born in April 1977, is currently the chief technology officer of TCL Industries Holdings. He has served as a non-executive Director of the Company since February 2020.

He graduated from Shanghai Jiao Tong University with a master's degree in engineering. With extensive experience in the communications industry, Mr. SUN Li has been deeply involved in artificial intelligence for many years. Mr. SUN Li worked at the mobile phone research and development (R&D) department of Alcatel from March 2001 to 2004.

Since joining TCL Communication Technology Holdings Limited in 2004, he had served as R&D department manager, pre-research department manager, director of software at global R&D centre and deputy general manager of global R&D centre and established a team engaged in smart phone software, a management system of global operators' technological needs and a software platform for global operators from 2004 to July 2017. From August 2017 to June 2019, he was vice president of Thunder Software Technology Co. Ltd. (shares of which are listed on the Shenzhen Stock Exchange with the stock code 300496.SZ).

During this period, Mr. SUN Li established the intelligent vision business group, focusing on camera technology, computer vision algorithms and artificial intelligence algorithms which were applied to mobile phones, internet of things, automotive and industrial fields, and opened up new businesses for industrial visual detection based on deep learning. Mr. SUN Li shall be subject to retirement by rotation and re-election at annual general meetings of the Company in accordance with the Articles and the Listing Rules.