Johnson Electric Holdings Limited announced that Mr. Joseph Yam retired from the board of directors ("Board") of the Company as an Independent Non-Executive Director at the conclusion of the AGM. Following his retirement, with effect from the conclusion of the AGM, Mr. Yam ceased to be a member of the Remuneration Committee. Mr. Yam has confirmed that he has no disagreement with the Board and that there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company.

The Board would like to express its most sincere gratitude to Mr. Yam for his valuable contributions to the Board during his tenure of office. The Board announces that Mr. Peter Wang, a Non-Executive Director of the Company, has ceased to be a member of the Audit Committee with effect from 12 July 2024. Mr. Wang will remain as a Non-Executive Director of the Company.

The Board would like to express its most sincere gratitude to Mr. Wang for his valuable contributions to the Audit Committee.