The board of directors of Techtronic Industries Company Limited announced that with effect from 1 December 2023, Mr. Camille Jojo ("Mr. Jojo") (i) has been re-designated from a Non-executive Director to an Executive Director of the Company (the "Re-designation"); and (ii) is also appointed as Head of Group Legal, Compliance and Corporate Governance. Following the Re-designation, Mr. Jojo has ceased to be a member of the Audit Committee and the Remuneration Committee of the Company with effect from 1 December 2023. Mr. Jojo brings to his new role a wealth of experience, having practiced as a partner with international law firms in Hong Kong for a period in excess of 35 years, including 18 years in a managerial role.

He is also fully familiar with the Company's business operations and the senior management, having served as a Non-executive Director for 7 years and as a member of the Audit Committee and the Remuneration Committee of the Company. The Board warmly welcomes Mr. Jojo to his new role and wishes him every success. Mr. Jojo, aged 67, was first appointed as a Non-executive Director on 30 October 2015.

Mr. Jojo has practiced as a lawyer in Hong Kong for a continuous period in excess of 35 years as a specialist in (i) civil litigation in the higher courts of Hong Kong; (ii) arbitration; and (iii) regulatory. He graduated with a LL.B. Hons. degree from the University of Cardiff in 1977 and obtained his Professional Qualifying Examination Certificate from Guildford College of Law in 1978.

He was qualified and was admitted as a solicitor of the Supreme Court of England and Wales in 1980, as a solicitor of the Supreme Court of Hong Kong in 1982 and as a solicitor and barrister of the Supreme Court of Victoria, Australia in 1984. Mr. Jojo was admitted as a fellow of the Chartered Institute of Arbitrators in November 1997. He has been a member of the Law Society Insolvency Law Committee since 1996 and was granted Higher Rights of Audience as a solicitor advocate in respect of civil proceedings in the Hong Kong Courts in 2015.

Mr. Jojo was awarded the Dispute Resolution Lawyer of the Year 2018 at the 17th Annual Hong Kong Law Awards. Mr. Jojo retired as a Partner of Norton Rose Fulbright Hong Kong (which is one of the Hong Kong legal advisers to the Company and its subsidiaries) and head of its dispute resolution practice in Hong Kong with effect from 30 June 2023. The Board of the Company also announced the appointment of Mr. Andrew Philip Roberts ("Mr. Roberts") as an Independent Non-executive Director of the Company with effect from 1 January 2024.

Mr. Roberts, aged 67, is a qualified chartered accountant of the Institute of England and Wales who obtained a BA (Honours) degree in Economics from the University of Manchester. Following his qualification, Mr. Roberts gained extensive experience working as an auditor with the global auditing firm of Deloitte during his formative professional years. From 1993 onwards until 2012, Mr. Roberts held senior leadership positions in finance at the Anglo-Dutch conglomerate, Shell Group, which included the following appointments: Executive Vice President of Finance in Shell Trading London, Chair of the Supervisory Board in Shell Asset Management, Executive Vice President of Finance in Shell Gas and Power, Executive Vice President of Finance in Shell Retail, Executive Vice President of Finance in Shell Trading North America, Shell Trading Controller and Compliance Officer.

His responsibilities whilst at the Shell Group included strategy, planning, corporate governance, compliance, regulatory, risk management and treasury functions and also overall supervision and management of a large global finance team of 430 officers located in overseas offices. Mr. Roberts brought a wealth of experience to these roles, exemplifying a demonstrable ability to strategize, plan and successfully operationalize broad and complex portfolios within a robust risk, control and compliance framework. In addition, Mr. Roberts' most recent role was Chief Financial Officer at Shelf Drilling in Dubai where he developed the finance, treasury, tax, internal audit function and associated IT systems with operations in multiple countries pre-IPO.

The latest list of Directors of the Company and their respective roles and functions are as follows: Executive Directors: Mr. Horst Julius Pudwill (Chairman), Mr. Stephan Horst Pudwill (Vice Chairman), Mr. Joseph Galli Jr (Chief Executive Officer), Mr. Patrick Kin Wah Chan (Operations Director), Mr. Frank Chi Chung Chan (Chief Financial Officer), Mr. Camille Jojo. Non-executive Directors, Prof Roy Chi Ping Chung GBS BBS JP. Independent Non-executive Directors: Mr. Peter David Sullivan, Mr. Johannes-Gerhard Hesse, Mr. Robert Hinman Getz, Ms Virginia Davis Wilmerding, Ms Caroline Christina Kracht.