Comtec Solar Systems Group Limited — Board/Management Information 2021

Oct 15, 2021

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卡姆丹克太陽能系統集團有限公司 Comtec Solar Systems Group Limited (Incorporated in the Cayman Islands with limited liability)

(Stock code: 712)

APPOINTMENT OF CHIEF OPERATING OFFICER

APPOINTMENT OF CHIEF OPERATING OFFICER

The board (the “ Board ”) of directors of Comtec Solar Systems Group Limited (the “ Company together with its subsidiaries, the “ Group ”), is pleased to announce that Mr. CHE Xiaoxi (“Mr. Che”), the Vice President of the Company, has been appointed as the Chief Operating Officer of the Company with effect from 15 October 2021.

The biographical details of Mr. Che are set out as follows:

Mr. Che, aged 33, joined the Company in July 2017 as Assistant to the Chief Executive Officer of the Company, and was appointed as the Vice President of the Company in August 2019, to take charge of investor and governmental relations and project finance of the Group. Mr. Che previously served as Chief Investment Officer of 華夏融（北京）資產管理有限公司 (Huaxiarong (Beijing) Asset Management Co., Ltd.) from October 2015 to June 2017, and Investment Manager of 深圳 市祥駿投資發展有限公司 (Shenzhen Xiangjun Investment Development Co., Ltd.), responsible for project investment and management before and after project investment, from December 2013 to September 2015.

Mr. Che holds a master of Finance degree and a bachelor of Applied Finance degree from Macquarie University in Australia.

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The Company and Mr. Che will enter into a service agreement for an initial term of three years, which can be extended thereafter subject to mutual consent. Either party can terminate the appointment by giving not less than two months’ written notice or payment in lieu of notice. The remuneration of Mr. Che as Chief Operating Officer and any other position of the Company will be determined by the Company based on the recommendation from the remuneration committee of the Board with reference to the remuneration policy of the Company and taking into account, among other factors, the prevailing market level of remuneration of similar position, the Company’s performance, Mr. Che’s duties and responsibilities to be undertaken, his contribution to the Company, and shall be reviewed at the discretion of the Board from time to time.

The Board would like to extend its warmest welcome to Mr. Che for his appointment as the Chief Operating Officer of the Company.

By order of the Board of Comtec Solar Systems Group Limited John Yi Zhang Chairman

Shanghai, the People’s Republic of China, 15 October 2021

As at the date of this announcement, the executive Director is Mr. John Yi Zhang, the non-executive Directors are Mr. Dai Ji and Mr. Qiao Fenglin, and the independent non-executive Directors are Mr. Ma Teng, Mr. Jiang Qiang and Dr. Yan Ka Shing.

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