Home Uncategorized Cenntro Electric Group Announces 2022 Annual General Meeting and Appointment of Benjamin Ge as Class III Director | Business

Cenntro Electric Group Announces 2022 Annual General Meeting and Appointment of Benjamin Ge as Class III Director | Business



Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or the “Company”), a leading electric vehicle technology company specializing in advanced, market-proven electric utility vehicles, announced today today that it would hold its annual general meeting on Tuesday, May 31. , 2022 at 8:00 a.m. EDT (Tuesday, May 31, 2022 at 8:00 p.m. Shanghai time and Tuesday, May 31, 2022 at 10:00 p.m. Australian Eastern time.) at the Hyatt Regency Jacksonville Riverfront in Jacksonville, Florida .

Eligible shareholders or their proxies wishing to personally attend the Meeting are requested to arrive at least 30 minutes before the start of the Meeting. For Company shareholders who are unable to attend the Annual General Meeting in person, the Annual General Meeting will be webcast via an audio webcast available at https://web.lumiagm.com/ 292065436. To connect to the audio webcast, you will need your shareholder control number and password” centro2022 “. Copies of the company’s notice of meeting and related documents are available on the company’s investor relations website at ir.cenntroauto.com and at https://www. .cstproxy.com/cenntro/2022.

Cenntro also announced today that Mr. Simon Tripp, a Class III Independent Director, has advised the Board of his intention not to stand for re-election at the Annual General Meeting and to resign immediately prior to the meeting. Cenntro Electric Group wishes to express its deep appreciation to Mr. Tripp for his contributions to the company, including his distinguished service as a member of the Board of Directors of Naked Brand Group and Cenntro Electric Group following the purchase transaction of successful actions last year.

“Simon has played an important role in supporting Cenntro, serving our shareholders and other stakeholders, and advancing our mission,” said Peter Wang, CEO of Cenntro Electric Group. “He was a valued colleague as we worked together to complete last year’s transaction and has been an integral part of our plans to chart a course for continued growth and success.”

Cenntro further announced today that the Board of Directors has nominated Mr. Benjamin Ge as a Class III Director nominee for election at the Annual General Meeting to serve until 2025 annual meeting. Mr. Ge has extensive experience in corporate finance and private equity. Since 2019, Mr. Ge has served as Chief Financial Officer of New Century Science & Technology Limited. Mr. Ge served as Managing Director of Citic Capital Holdings Limited from 2016 to 2019 and was Regional Director (China) of Sequoia Capital Operations LLC from 2010 to 2016. Mr. Ge served as Vice Chairman of JP Morgan’s Global Special Opportunity Group from 2007 to 2009 and Vice Chairman of UniCredit China Capital Ltd. from 2005 to 2007.

COVID-19 measures

The Company may implement certain precautionary measures during the Annual General Meeting in order to prevent the spread of COVID-19 and to protect the health and safety of shareholders and employees of the Company. Based on concerns and developments related to the COVID-19 pandemic, we may impose additional procedures or limitations on meeting attendance based on applicable government requirements or recommendations, facility requirements, or other health issues. and security.

About Cenntro Electric Group Ltd.

Centro Electric Group Ltd. (or “Cenntro”) (NASDAQ: CENN) is a leading designer and manufacturer of light and medium electric utility vehicles. Cenntro’s purpose-built ECVs are designed to serve a variety of organizations in support of municipal services, last mile delivery and other commercial applications. Cenntro plans to lead the transformation of the automotive industry through scalable, decentralized production and intelligent driving solutions enhanced by the Cenntro iChassis. As of December 31, 2021, Cenntro has sold or put into service more than 3,700 vehicles in more than 25 countries in North America, Europe and Asia. For more information, please visit the Cenntro website at: http://www.cenntroauto.com.

Forward-looking statements

This communication contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may, but need not, be identified by words such as “may”, “believe”, “anticipate”, “could”, “should”, “intend”, “plan”, “will”. , “goal(s),” “can”,” “should”,” “expect(s),” “estimate(s), ” “project(s),” “forecast(s) ”, “positioned”, “potential”, “goal”, “strategy”, “outlook” and similar expressions. Examples of forward-looking statements include, among others, statements regarding assembly and distribution capabilities, production decentralized and fully digitized autonomous driving solutions. All such forward-looking statements are based on management’s current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ. actual results differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro’s forward-looking statements, please see the information contained in Cenntro’s public filings with the SEC, including “Risk Factors” in Cenntro’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 25. , 2022 and available at www.sec.gov.

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CONTACT: Investor Relations Contact:

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MZ North America

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SOURCE: Centro Electric Group Limited

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PUBLICATION: 05/05/2022 08:31 / DISK: 05/05/2022 08:32