UTStarcom announced that Ms. Wendong Zhang resigned from the Company?s Board of Directors (the ?Board?) effective November 16, 2021 to pursue other business interests. Ms. Zhang also served on various board committees, including the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee. Following Ms. Zhang?s resignation, Mr. Hao Zheng was appointed as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, effective November 17, 2021. Mr. Zheng is the designee of Beijing E-town International Investment Development Co. Ltd. (?BEIID?), pursuant to the stockholders rights agreement entered into by and between the Company and BEIID on February 1, 2010. Mr. Hua Li, Chief Executive Officer of UTStarcom, was appointed as a member of the Board, effective January 1, 2022, to take the position Dr. Zhaocheng Huang will vacate by that time.