Geely Automobile Holding Co., Ltd. announces that Jennifer Yu Liping (hereinafter referred to as “Mr. Yu”) has been appointed as an independent non-executive director of the company and a member of both the audit committee and the nominating committee, effective October 9. Announced. 2023. Mr. Zhu Han Song (“Mr. Zhu”) has been appointed as an independent non-executive director of the Company and a member of the Remuneration Committee, effective October 9, 2023. Mr. Zhu will also assume the following roles: Chairman of the Compensation Committee from October 16, 2023.
Ms Yu Li Ping, 60, of Jennifer, is currently the Chairman and Founding Partner of Auster Capital Partners Limited (co-founded by Rothschild & Company and Ms Yu). Over the past 30 years, Mr. Yu has also held senior management positions at other international financial institutions such as United Overseas Bank, BNP Paribas, and Rothschild & Co. Previously, she served as a global executive committee member and global partner at Rothschild & Company. She is also the Chairman of Rothschild & Co, Greater China.
During his time at Rothschild & Co., Mr. Yu played a leading role in a variety of landmark cross-border mergers and acquisitions of Chinese companies, including Geely Holding’s acquisition of Volvo Cars, and contributed to the globalization of Chinese companies. contributed greatly to its success. Strategy in international markets. Mr. Yu is also a board member of Shanghai University of Finance and Economics (“SHUFE”). Mr. Yu graduated from SHUFE in 1987 with a Bachelor’s degree in Finance and in 1999 he obtained a Master’s degree in Business Administration from SHUFE.
Mr. Yu has entered into a letter of appointment with the Company, pursuant to which he will serve as an independent non-executive director of the Company and as a member of both the Audit Committee and Nomination Committee of the Board of Directors for a period of three years (Subject). Pursuant to the Company’s Articles of Incorporation, he is expected to retire by rotation at the Company’s Annual General Meeting of Shareholders commencing October 9, 2023. Pursuant to this letter of appointment, Mr. Yu will receive an annual director’s fee of HK$360,000 from the Company. This amount is determined by reference to Mr. Yu’s experience and duties and the Company’s compensation policy and may be reviewed from time to time by the Compensation Committee of the Board of Directors. Mr. Zhu Han Song, 53 years old, is currently the founder and chairman of Seekers Capital (Jiangyin) Co., Ltd.
Mr. Zhu worked for Goldman Sachs Group, Inc. (“Goldman Sachs”) from June 2000 to December 2019, where he held various positions including associate, executive director, managing director, and partner. I have held several positions. Before retiring from Goldman Sachs in December 2019, Mr. Zhu was co-head of the China Investment Bank, head of the Asia ex-Japan industrials and natural resources group, and chief executive of Goldman Sachs Gaohua Securities. I served as the executive director. . He was also a member of Goldman Sachs’ Asia Pacific Commitment Committee and Investment Banking Client and Business Standards Committee.
Prior to joining Goldman Sachs, he worked at China International Capital Co., Ltd. from 1995 to 2000. Mr. Zhu was an independent director of Kidswant Children Products Co. Ltd and Missfresh Limited.
He currently serves as an independent non-executive director of KE Holdings Inc. Mr. Zhu received a bachelor’s degree in economics from Nanjing University in 1991 and a master’s degree in economics from Peking University in 1994. Pursuant to his letter of appointment with the Company, he will serve as an independent non-executive director of the Company and as a member of the Remuneration Committee of the Board of Directors for a period of three years (subject to retirement by rotation at the Company’s annual general meeting). Pursuant to this letter of appointment, Mr. Zhu will receive an annual director’s fee of HK$360,000 from the Company. This compensation was determined based on Mr. Zhu’s experience and duties. Zhu and his Company’s compensation policy are subject to review from time to time by the Compensation Committee of the Board of Directors.
The Board of Directors is pleased to inform you that Ms. Lam Ying Shan Joselyn (“Ms. Lam”) has tendered her resignation as an independent non-executive director of the Company, as Chair of the Remuneration Committee and as a member of both the Audit Committee and the Audit Committee. I will make an announcement. She will be appointed to the Nominating Committee from October 16, 2023 for other duties. Ms. Lam has confirmed to her Board of Directors that she has no disagreements with the Board on any matter and that there is nothing she needs to inform our stockholders regarding her resignation.
