Euro Tech Holdings Company Limited announced that effective February 1, 2022, David YL Leung, currently a Director of the Company, will assume the role of Chief Executive Officer ("CEO") of the Company. TC Leung, the Company's current CEO, will continue to serve the Company as the Chairman of the Board. The Company is delighted to welcome David YL Leung as CEO.

The transition of the CEO position has been planned for some time. David YL Leung,  has been the General Manager of Yixing Pact Environmental Technology Co., Ltd, Shanghai ("Yixing Pact") since 2011.