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Investor Presentaiton

Highly Experienced and Well-Functioning Board Highly Experienced & Diligent Directors ⚫ The current board and management have a deep understanding of the operating conditions in the PRC for property development, in particular industrial properties. • The full Board formally met 9 times during 2020 and the incumbent directors standing for election attended all the Board meetings. Diversity Four directors are located in Hong Kong or Mainland China, with direct experience in the China market. The Board has broad representation with two independent directors from North America, e.g., Mr. Peter R. Kellogg and Mr. Mark Waslen. Independence and Oversight ⚫ All the directors but one are independent, representing 83% independence ratio on the Board. The Board's three standing committees are composed solely of independent Directors. • Mr. Kellogg sits on the Audit, Compensation, Nominating and Corporate Governance committees. INVESTOR PRESENTATION 38 NAMTAI
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