Corporate Governance

Mr. Jian Yang, aged 62, is a non-executive Director and Chairman of the Board of our Company. Mr. Yang has served as the vice chairman of the board of directors of Geely Holding since December 2012 and as a director of Geely Holding since March 2003. Mr. Yang has served as the vice chairman of the board of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) since November 2016. Mr. Yang served as a director of Lifan Technology (Group) Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 601777) from January 2021 to September 2022, an executive director of Geely Automobile (stock code: 175 (HKD counter) and 80175 (RMB counter)) from June 2005 to May 2022, and a director of Hunan Corun New Energy Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 600478) from October 2018 to August 2020.

Mr. Yang graduated from Zhejiang Radio and TV University (currently known as Zhejiang Open University) with a major in engineering management in July 1987. Mr. Yang is a senior economist recognized by the Personnel Department of Zhejiang Province, and a senior engineer recognized by China Society of Automotive Engineers in 2007. Mr. Yang was recognized as Hangzhou High-level Talent by the Talent Office of the Hangzhou Municipal Committee of the Communist Party of China and Hangzhou Human Resources and Social Security Bureau.

Mr. Xin Gong, aged 38, is an executive Director and the chief executive officer of our Company. Mr. Gong has over 13 years of experience in internet and mobility services. Prior to joining us, Mr. Gong served as general manager of urban services of Ant Group Co., Ltd. from July 2020 to May 2021. From March 2015 to July 2020, he served at DiDi (China) Technology Limited in various management positions, including as the general manager of premier mobility service in 2018, general manager of chauffeur service in 2016 and 2017, and general manager of e-bike sharing service. As general manager of these business units, Mr. Gong oversaw various aspects of the services including product, technology, growth, operation, human resources, and finance. From July 2011 to March 2015, he served as senior product manager at Tencent Technology (Shenzhen) Company Limited.

Mr. Gong received a bachelor’s degree in communication engineering and a master’s degree in communication and information system from the University of Electronic Science and Technology of China in July 2008 and June 2011, respectively.

Mr. Quan Zhang, aged 45, is a non-executive Director of our Company. Mr. Zhang joined Geely Holding in 2014 and has held a number of different positions. Mr. Zhang has served as Geely Holding’s vice president since July 2022 and as its chief financial officer since May 2021. Mr. Zhang served as Geely Holding’s deputy chief financial officer from December 2020 to May 2021.

Mr. Zhang received a bachelor’s degree in international accounting from Shanghai University of Finance and Economics in July 2002.

Mr. Jinliang Liu, aged 58, is a non-executive Director of our Company. Mr. Liu is a director of Hangzhou Youxing and served as the chairman of the board of directors of Hangzhou Youxing from December 2017 to March 2022. Mr. Liu currently serves as the chairman of the board of directors of Weixing Technology Co., Ltd. and the chairman of the board of directors of Chongqing Xingfu Qianwanjia Technology Co., Ltd. For a description of the delineation of business between us and Weixing Technology Co., Ltd. and Chongqing Xingfu Qianwanjia Technology Co., Ltd., see “Relationship with Our Controlling Shareholders—Delineation of Business.”

Mr. Liu currently serves as the chairman of the board of directors of Hangzhou Langge Technology Co., Ltd. from January 2024, the chief executive officer of Yiyi Internet Technology Co., Ltd. from February 2023, a director of Lifan Technology (Group) Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 601777) from September 2022, and a director of Chongqing Ruilan Automobile Technology Co., Ltd. from January 2022. Mr. Liu served as a director of Zhejiang Geely Automobile Research Institute Co., Ltd. from February 2011 to September 2022.

Mr. Liu received his bachelor’s degree in industrial and business management from Beijing Institute of Economics (currently known as Capital University of Economics and Business) in July 1989.

Mr. Yang Li, aged 39, is a non-executive Director of our Company. Mr. Yang Li is a seasoned professional in the fields of private equity and investment management, and has been serving as senior vice president of Oceanpine Capital since September 2017.

Mr. Yang Li graduated from Beijing Institute of Technology with a major in biological engineering in July 2007, and obtained a master’s degree in business administration from Renmin University of China in June 2016.

Ms. Xiaohong Zhou, aged 44, is a non-executive Director of our Company. Ms. Zhou has served as a director and general manager of Xiandao (Suzhou) Digital Industry Investment Co., Ltd. since February 2022, and is currently serving as its president. From August 2022 to August 2023, Ms. Zhou served as a director of Hubei ECARX Science and Technology Co., Ltd. From August 2021 to July 2022, Ms. Zhou worked as a general manager at Suzhou Gaotie Xincheng Smart Internet of Vehicles Industry Development Co., Ltd.

Ms. Zhou received a bachelor’s degree in accounting from China University of Geosciences in July 2006.

Ms. Xin Liu, aged 63, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED].

Ms. Liu has over 30 years of experience in the finance industry. Ms. Liu has served as an independent director of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) since May 2021 and a director of Great Wall Changsheng Life Insurance Co., Ltd. since November 2015. Ms. Liu has also served as a director of VOFON Boosting Systems (Ningbo) Co., Ltd. and Hezhong Property Insurance Co., Ltd., since December 2020 and October 2021, respectively. Ms. Liu previously served as a senior expert at the subsidiary management department of China Great Wall Asset Management Co., Ltd. starting from May 2020, a general manager of the Beijing branch office of Great Wall Changsheng Life Insurance Co., Ltd. from March 2011, and a senior lecturer at the Agricultural

Bank of China.

Ms. Liu received a bachelor’s degree in economics from Shaanxi Institute of Finance and Economics in June 1988. Ms. Liu obtained a qualification certificate as an independent director

recognized by the Shenzhen Stock Exchange in January 2022.

Ms. Liu possesses appropriate professional accounting or related financial management expertise required under Rule 3.10(2) of the Listing Rules. She has gained such expertise through her experiences, including the following:

▪ serving as the general manager of the Beijing branch office of Great Wall Changsheng Life Insurance Co., Ltd., overseeing and managing the financial position, financial budgeting and risk exposure of the company;

▪ serving as a director of Great Wall Changsheng Life Insurance Co., Ltd., reviewing the annual financial statements and formulating the financial budget of the company;

▪ serving as a senior lecturer at the Agricultural Bank of China, where Ms. Liu gave lectures and authored training materials on numerous accounting, auditing and financial management related topics;

▪ serving as an independent director of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) where Ms. Liu is involved in the periodic reviews of financial statements and reports, overseeing the financial reporting system and the review of risk management and internal control systems;

▪ serving as a director in VOFON Boosting Systems (Ningbo) Co., Ltd. and Hezhong Property Insurance Co., Ltd., and serving as an independent director in Bank of Taizhou Co., Ltd., which are non-listed companies, where Ms. Liu is/was involved in the periodic reviews of financial statements and reports, overseeing the financial reporting system and the review of risk management and internal control systems;

and

▪ editing publications on financial, auditing and accounting related subjects, including Singapore Financial System and Internal Auditing Practice of Financial Asset Management Company.

Ms. Ning Liu, aged 55, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED]. Ms. Liu has extensive experience in the securities industry and was the secretary of the board of directors of China Merchants Shekou Industrial Zone Holdings Co., Ltd. from December 2015 to January 2023 and its senior consultant from January 2023 to December 2023. Ms. Liu is currently a director of Fuhua Tongda Chemical Company. Ms. Liu has served as an independent director of CIMC Vehicles (Group) Co., Ltd. (stock code: 301039) since September 2024, and an independent director of Guangdong TCL Smart Home Appliances Co., Ltd. (stock code: 002668) since June 2024. Ms. Liu has served as an independent director of Han’s Laser Technology Industry Group Co., Ltd. (stock code: 002008) from January 2024, served as its independent director from June 2017 to December 2018, and served as a director of China Merchants Property Operation & Service Co., Ltd. (stock code: 001914) from December 2019 to February 2023. The above four companies are all listed on the Shenzhen Stock Exchange. Ms. Liu also served as a non-executive director of the China Merchants Commercial Real Estate Investment Trust (stock code: 1503) from December 2019 to May 2023 and a non-executive director of China Merchants Land Limited (stock code: 978) from June 2012 to February 2023, both of which are listed on the Stock Exchange.

Ms. Liu was a member of the 8th and 9th sessions of the Listing Committee of the Shenzhen Stock Exchange from September 2014 to September 2016, and from September 2016 to September 2018.

Ms. Liu obtained a Master of Business Administration from Macau University of Science and Technology in March 2003. Ms. Liu holds a Qualification Certificate for Secretary of the Board of Directors issued by the Shenzhen Stock Exchange in October 2004.

Mr. Qiang Fu, aged 46, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED]. Mr. Fu has approximately 10 years of experience in online ride hailing and mobility services. Mr. Fu has served as the chief executive officer of Zhixiang Technology Co., Ltd. since March 2024. Prior to that, Mr. Fu served various position at an internet company from April 2014 to March 2023, including as chief executive officer of a major business group.

Mr. Fu graduated from Sichuan University with a major in radio physics in June 2005. Save as disclosed above, none of the Directors had held any directorships in listed companies during the three years immediately prior to the Latest Practicable Date. There is no other information in respect of the Directors to be disclosed pursuant to Rules 13.51(2)(a) to (v) of the Listing Rules, and there is no other matter that needs to be brought to the attention of the Shareholders or potential [REDACTED].

Ms. Xin Liu, aged 63, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED].

Ms. Liu has over 30 years of experience in the finance industry. Ms. Liu has served as an independent director of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) since May 2021 and a director of Great Wall Changsheng Life Insurance Co., Ltd. since November 2015. Ms. Liu has also served as a director of VOFON Boosting Systems (Ningbo) Co., Ltd. and Hezhong Property Insurance Co., Ltd., since December 2020 and October 2021, respectively. Ms. Liu previously served as a senior expert at the subsidiary management department of China Great Wall Asset Management Co., Ltd. starting from May 2020, a general manager of the Beijing branch office of Great Wall Changsheng Life Insurance Co., Ltd. from March 2011, and a senior lecturer at the Agricultural

Bank of China.

Ms. Liu received a bachelor’s degree in economics from Shaanxi Institute of Finance and Economics in June 1988. Ms. Liu obtained a qualification certificate as an independent director

recognized by the Shenzhen Stock Exchange in January 2022.

Ms. Liu possesses appropriate professional accounting or related financial management expertise required under Rule 3.10(2) of the Listing Rules. She has gained such expertise through her experiences, including the following:

▪ serving as the general manager of the Beijing branch office of Great Wall Changsheng Life Insurance Co., Ltd., overseeing and managing the financial position, financial budgeting and risk exposure of the company;

▪ serving as a director of Great Wall Changsheng Life Insurance Co., Ltd., reviewing the annual financial statements and formulating the financial budget of the company;

▪ serving as a senior lecturer at the Agricultural Bank of China, where Ms. Liu gave lectures and authored training materials on numerous accounting, auditing and financial management related topics;

▪ serving as an independent director of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) where Ms. Liu is involved in the periodic reviews of financial statements and reports, overseeing the financial reporting system and the review of risk management and internal control systems;

▪ serving as a director in VOFON Boosting Systems (Ningbo) Co., Ltd. and Hezhong Property Insurance Co., Ltd., and serving as an independent director in Bank of Taizhou Co., Ltd., which are non-listed companies, where Ms. Liu is/was involved in the periodic reviews of financial statements and reports, overseeing the financial reporting system and the review of risk management and internal control systems;

and

▪ editing publications on financial, auditing and accounting related subjects, including Singapore Financial System and Internal Auditing Practice of Financial Asset Management Company.

Mr. Quan Zhang, aged 45, is a non-executive Director of our Company. Mr. Zhang joined Geely Holding in 2014 and has held a number of different positions. Mr. Zhang has served as Geely Holding’s vice president since July 2022 and as its chief financial officer since May 2021. Mr. Zhang served as Geely Holding’s deputy chief financial officer from December 2020 to May 2021.

Mr. Zhang received a bachelor’s degree in international accounting from Shanghai University of Finance and Economics in July 2002.

Ms. Ning Liu, aged 55, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED]. Ms. Liu has extensive experience in the securities industry and was the secretary of the board of directors of China Merchants Shekou Industrial Zone Holdings Co., Ltd. from December 2015 to January 2023 and its senior consultant from January 2023 to December 2023. Ms. Liu is currently a director of Fuhua Tongda Chemical Company. Ms. Liu has served as an independent director of CIMC Vehicles (Group) Co., Ltd. (stock code: 301039) since September 2024, and an independent director of Guangdong TCL Smart Home Appliances Co., Ltd. (stock code: 002668) since June 2024. Ms. Liu has served as an independent director of Han’s Laser Technology Industry Group Co., Ltd. (stock code: 002008) from January 2024, served as its independent director from June 2017 to December 2018, and served as a director of China Merchants Property Operation & Service Co., Ltd. (stock code: 001914) from December 2019 to February 2023. The above four companies are all listed on the Shenzhen Stock Exchange. Ms. Liu also served as a non-executive director of the China Merchants Commercial Real Estate Investment Trust (stock code: 1503) from December 2019 to May 2023 and a non-executive director of China Merchants Land Limited (stock code: 978) from June 2012 to February 2023, both of which are listed on the Stock Exchange.

Ms. Liu was a member of the 8th and 9th sessions of the Listing Committee of the Shenzhen Stock Exchange from September 2014 to September 2016, and from September 2016 to September 2018.

Ms. Liu obtained a Master of Business Administration from Macau University of Science and Technology in March 2003. Ms. Liu holds a Qualification Certificate for Secretary of the Board of Directors issued by the Shenzhen Stock Exchange in October 2004.

Mr. Qiang Fu, aged 46, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED]. Mr. Fu has approximately 10 years of experience in online ride hailing and mobility services. Mr. Fu has served as the chief executive officer of Zhixiang Technology Co., Ltd. since March 2024. Prior to that, Mr. Fu served various position at an internet company from April 2014 to March 2023, including as chief executive officer of a major business group.

Mr. Fu graduated from Sichuan University with a major in radio physics in June 2005. Save as disclosed above, none of the Directors had held any directorships in listed companies during the three years immediately prior to the Latest Practicable Date. There is no other information in respect of the Directors to be disclosed pursuant to Rules 13.51(2)(a) to (v) of the Listing Rules, and there is no other matter that needs to be brought to the attention of the Shareholders or potential [REDACTED].

Mr. Xin Gong, aged 38, is an executive Director and the chief executive officer of our Company. Mr. Gong has over 13 years of experience in internet and mobility services. Prior to joining us, Mr. Gong served as general manager of urban services of Ant Group Co., Ltd. from July 2020 to May 2021. From March 2015 to July 2020, he served at DiDi (China) Technology Limited in various management positions, including as the general manager of premier mobility service in 2018, general manager of chauffeur service in 2016 and 2017, and general manager of e-bike sharing service. As general manager of these business units, Mr. Gong oversaw various aspects of the services including product, technology, growth, operation, human resources, and finance. From July 2011 to March 2015, he served as senior product manager at Tencent Technology (Shenzhen) Company Limited.

Mr. Gong received a bachelor’s degree in communication engineering and a master’s degree in communication and information system from the University of Electronic Science and Technology of China in July 2008 and June 2011, respectively.

Ms. Xin Liu, aged 63, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED].

Ms. Liu has over 30 years of experience in the finance industry. Ms. Liu has served as an independent director of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) since May 2021 and a director of Great Wall Changsheng Life Insurance Co., Ltd. since November 2015. Ms. Liu has also served as a director of VOFON Boosting Systems (Ningbo) Co., Ltd. and Hezhong Property Insurance Co., Ltd., since December 2020 and October 2021, respectively. Ms. Liu previously served as a senior expert at the subsidiary management department of China Great Wall Asset Management Co., Ltd. starting from May 2020, a general manager of the Beijing branch office of Great Wall Changsheng Life Insurance Co., Ltd. from March 2011, and a senior lecturer at the Agricultural

Bank of China.

Ms. Liu received a bachelor’s degree in economics from Shaanxi Institute of Finance and Economics in June 1988. Ms. Liu obtained a qualification certificate as an independent director

recognized by the Shenzhen Stock Exchange in January 2022.

Ms. Liu possesses appropriate professional accounting or related financial management expertise required under Rule 3.10(2) of the Listing Rules. She has gained such expertise through her experiences, including the following:

▪ serving as the general manager of the Beijing branch office of Great Wall Changsheng Life Insurance Co., Ltd., overseeing and managing the financial position, financial budgeting and risk exposure of the company;

▪ serving as a director of Great Wall Changsheng Life Insurance Co., Ltd., reviewing the annual financial statements and formulating the financial budget of the company;

▪ serving as a senior lecturer at the Agricultural Bank of China, where Ms. Liu gave lectures and authored training materials on numerous accounting, auditing and financial management related topics;

▪ serving as an independent director of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) where Ms. Liu is involved in the periodic reviews of financial statements and reports, overseeing the financial reporting system and the review of risk management and internal control systems;

▪ serving as a director in VOFON Boosting Systems (Ningbo) Co., Ltd. and Hezhong Property Insurance Co., Ltd., and serving as an independent director in Bank of Taizhou Co., Ltd., which are non-listed companies, where Ms. Liu is/was involved in the periodic reviews of financial statements and reports, overseeing the financial reporting system and the review of risk management and internal control systems;

and

▪ editing publications on financial, auditing and accounting related subjects, including Singapore Financial System and Internal Auditing Practice of Financial Asset Management Company.

Mr. Jian Yang, aged 62, is a non-executive Director and Chairman of the Board of our Company. Mr. Yang has served as the vice chairman of the board of directors of Geely Holding since December 2012 and as a director of Geely Holding since March 2003. Mr. Yang has served as the vice chairman of the board of Zhejiang Qianjiang Motorcycle Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000913) since November 2016. Mr. Yang served as a director of Lifan Technology (Group) Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 601777) from January 2021 to September 2022, an executive director of Geely Automobile (stock code: 175 (HKD counter) and 80175 (RMB counter)) from June 2005 to May 2022, and a director of Hunan Corun New Energy Co., Ltd., a company listed on the Shanghai Stock Exchange (stock code: 600478) from October 2018 to August 2020.

Mr. Yang graduated from Zhejiang Radio and TV University (currently known as Zhejiang Open University) with a major in engineering management in July 1987. Mr. Yang is a senior economist recognized by the Personnel Department of Zhejiang Province, and a senior engineer recognized by China Society of Automotive Engineers in 2007. Mr. Yang was recognized as Hangzhou High-level Talent by the Talent Office of the Hangzhou Municipal Committee of the Communist Party of China and Hangzhou Human Resources and Social Security Bureau.

Ms. Ning Liu, aged 55, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED]. Ms. Liu has extensive experience in the securities industry and was the secretary of the board of directors of China Merchants Shekou Industrial Zone Holdings Co., Ltd. from December 2015 to January 2023 and its senior consultant from January 2023 to December 2023. Ms. Liu is currently a director of Fuhua Tongda Chemical Company. Ms. Liu has served as an independent director of CIMC Vehicles (Group) Co., Ltd. (stock code: 301039) since September 2024, and an independent director of Guangdong TCL Smart Home Appliances Co., Ltd. (stock code: 002668) since June 2024. Ms. Liu has served as an independent director of Han’s Laser Technology Industry Group Co., Ltd. (stock code: 002008) from January 2024, served as its independent director from June 2017 to December 2018, and served as a director of China Merchants Property Operation & Service Co., Ltd. (stock code: 001914) from December 2019 to February 2023. The above four companies are all listed on the Shenzhen Stock Exchange. Ms. Liu also served as a non-executive director of the China Merchants Commercial Real Estate Investment Trust (stock code: 1503) from December 2019 to May 2023 and a non-executive director of China Merchants Land Limited (stock code: 978) from June 2012 to February 2023, both of which are listed on the Stock Exchange.

Ms. Liu was a member of the 8th and 9th sessions of the Listing Committee of the Shenzhen Stock Exchange from September 2014 to September 2016, and from September 2016 to September 2018.

Ms. Liu obtained a Master of Business Administration from Macau University of Science and Technology in March 2003. Ms. Liu holds a Qualification Certificate for Secretary of the Board of Directors issued by the Shenzhen Stock Exchange in October 2004.

Mr. Qiang Fu, aged 46, was appointed as an independent non-executive Director of our Company taking effect on the [REDACTED]. Mr. Fu has approximately 10 years of experience in online ride hailing and mobility services. Mr. Fu has served as the chief executive officer of Zhixiang Technology Co., Ltd. since March 2024. Prior to that, Mr. Fu served various position at an internet company from April 2014 to March 2023, including as chief executive officer of a major business group.

Mr. Fu graduated from Sichuan University with a major in radio physics in June 2005. Save as disclosed above, none of the Directors had held any directorships in listed companies during the three years immediately prior to the Latest Practicable Date. There is no other information in respect of the Directors to be disclosed pursuant to Rules 13.51(2)(a) to (v) of the Listing Rules, and there is no other matter that needs to be brought to the attention of the Shareholders or potential [REDACTED].