Gcl Tech Holdings Limited ("Gcl Tech") announced on October 30, 2024, that Mr. Li Junfeng will serve as an independent non-executive director and member of multiple committees of the company starting from November 1, 2024. Mr. Li has rich experience in energy economics and environmental theoretical research, having held key positions at the Energy Research Institute of the National Development and Reform Commission, the National Center for Climate Change Strategy and International Cooperation, and various leadership positions at Sequoia China. Mr. Li's initial term is three years, and he will be eligible for re-election as an independent non-executive director position after the company's annual general meeting. He will receive an annual remuneration of 504,000 Hong Kong dollars, which has been approved by the remuneration committee. The board of directors warmly welcomes Mr. Li's appointment.

Gcl Tech Holdings Limited ("Gcl Tech") announced on October 30, 2024, that Mr. Li Junfeng will serve as an independent non-executive director and member of multiple committees of the company starting from November 1, 2024. Mr. Li has rich experience in energy economics and environmental theoretical research, having held key positions at the Energy Research Institute of the National Development and Reform Commission, the National Center for Climate Change Strategy and International Cooperation, and various leadership positions at Sequoia China. Mr. Li's initial term is three years, and he will be eligible for re-election as an independent non-executive director position after the company's annual general meeting. He will receive an annual remuneration of 504,000 Hong Kong dollars, which has been approved by the remuneration committee. The board of directors warmly welcomes Mr. Li's appointment.