Qingling Motors Co., Ltd. at the annual general meeting of the Company held on 27 June 2024, elected Mr. NAKAMURA Koji, Mr. TSUKUI Mikio as an executive Director for the Next Term, elected Ms. CHEN Yen Yung as an independent non-executive Director for the Next Term, elected Mr. XIAN Feng as a Supervisor representing the Shareholders for the Next Term. Mr. YASUTA Tatsuya (Mr. YASUTA) has retired as an executive Director at the conclusion of the AGM and immediately following his retirement, Mr. YASUTA has ceased to be a vice chairman and a general manager of the Company at the same time; Mr. NAKAMURA Osamu has retired as an executive Director at the conclusion of the AGM; Mr. LIU Erh Fei (Mr. LIU) has retired as an independent non-executive Director at the conclusion of the AGM and immediately following his retirement, Mr. LIU has ceased to be a member of the audit committee, the remuneration committee and the nomination committee of the Company at the same time; Ms. CHEN Yen Yung (Ms. CHEN), a newly elected independent non-executive Director, has been appointed as a member of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 27 June 2024; Mr. NAKAMURA Koji (Mr. NAKAMURA), a newly elected executive Director, has been appointed as a vice chairman of the Company with effect from 27 June 2024. The Board also announced that Ms. MIN Qing (Ms. MIN) has retired as a Supervisor representing the Shareholders at the conclusion of the AGM.

NAKAMURA Koji, aged 56, graduated from the College of Foreign Languages of Dokkyo University. Mr. NAKAMURA joined Isuzu in April 1991 and has held various positions in various departments, including head and chairman of the board of directors. From October 1991 to April 2017, he was assigned to work in the Malaysia-Pakistan team and the Malaysia-Vietnam team of the Overseas Business Department, as well as Isuzu Motors (Thailand) Co., Ltd. From October 2017 to 2024, Mr. NAKAMURA served as the chairman of the board of directors of Isuzu Malaysia SBN BHD, a director of head office of the Regional Coordination Office II, an executive officer and the vice president and senior vice president of the Business Department of Isuzu.

TSUKUI Mikio (Mr. TSUKUI), aged 56, graduated from the Faculty of Economics of Dokkyo University. Mr. TSUKUI joined Isuzu in April 1992 and has worked in the Overseas Business Department in China, Korea and Turkey. From April 2014 to 2020, he was sent to work in Isuzu Malaysia and Isuzu Motors International (Europe).

From 2020 to 2021, Mr. TSUKUI was the director of Qingling Isuzu (Chongqing) Automobile Sales and Service Co., Ltd. and Isuzu (China) Engine Co., Ltd. respectively. Mr. TSUKUI is currently the general manager of the Regional Coordination Office II of the China Business Department. CHEN Yen Yung, aged 52, has over 20 years' experience in the accounting and finance.

She is a member of the CPA Australia and the Hong Kong Institute of Certified Public Accountants. Ms. CHEN studied in the Hong Kong Polytechnic University for higher certificate in accountancy and holds a bachelor's degree in commerce (accounting) from the Curtin University of Technology, Western Australia. From February 1995 to February 2001, she was employed by K.L. Lee & Partners CPA Limited (subsequently known as KLL Associates CPA Ltd. and merged with BDO Limited in 2005), a certified practicing accountancy firm in Hong Kong, with her last position as an assistant manager.

From February 2001 to June 2002, she was employed by B&M Consultants Limited (currently known as BMI Consultants Limited), a business consultancy company in Hong Kong, with her last position as director. Ms. CHEN is currently the company secretary of Zhejiang Yongan Rongtong Holdings Co., Ltd. and the independent non-executive director of National United Resources Holdings Limited. XIAN Feng (Mr. XIAN), aged 42, studied in Traffic and Transportation from the College of Mechanical and Electronic Engineering of Taiyuan University of Science and Technology, and obtained a bachelor's degree of Engineering.

Mr. XIAN joined the Company in 2005. He had worked for the Group as a technician in the Assemble Workshop and Car-frame Workshop, a technician in the Product Development Department, a technician in the Test and Inspection Center, a person in charge of the Production Department, a deputy director and a director of the Third Assemble Workshop. Mr. XIAN is currently the head of the Comprehensive Operation Management Department of the Qingling Group.

Mr. XIAN was awarded as "2008-2009 Chongqing Youth Position Expert".