Change to Board of Directors

London, 18 September 2023 Global Switch Holdings Limited ("Global Switch" or "the Company"), a leading owner, operator and developer of large-scale, carrier and cloud neutral multi-customer data centres in Europe and Asia-Pacific, today announces the following changes to its Board of Directors:

Nie Wei and Li Peng, who joined the Board in August 2019 and May 2020 respectively, are stepping down from their roles as Non-Executive Directors. Jia Yan and Guo Ruoqiang have been appointed as Non-Executive Directors of the Board with immediate effect.

Jia Yan

Jia Yan is currently a Director and Deputy General Manager of Jiangsu Huanyu Data Holding Co., Ltd. She was previously a Board Director and Deputy General Manager at Jiangsu Shagang Co., Ltd, a listed company whose major shareholder is Jiangsu Shagang Group Co., Ltd, (the Company’s largest shareholder on a look through basis). Ms Jia joined Shagang Group in 2007. She also previously served as Non-Executive Deputy Chairman of Grange Resources Limited, an Australian listed company. Ms Jia has extensive experience in corporate governance, human resources and risk control, and graduated from Tsinghua University with a Masters degree in Law.

Guo Ruoqiang

Guo Ruoqiang is currently Chief Risk Officer at AVIC Trust Co., Ltd, a position he has held since 2010, and he has also served as the head of the Business Review Management Centre at AVIC Trust since 2020. During this time he has led the review of many investment and financing projects, bringing with him extensive experience in the financial and risk management sectors. Prior to joining AVIC Trust, Mr Guo was Vice President in the Credit Risk Management division of OCBC Bank in Singapore. He was previously a senior business analyst at Standard Chartered Bank. Mr. Guo graduated from Xiamen University in 1985 with a Bachelor of Science degree in Mathematics and obtained a Masters of Economics degree in Applied Finance from the University of Adelaide, Australia, in 2006.

The Board and Executive Management team would like to express their sincere gratitude to Nie Wei and Li Peng for their valuable contribution to the Company over the years and would like to warmly welcome Jia Yan and Guo Ruoqiang. They look forward to their participation and contribution as the Company continues to evolve and expand.