Effective January 25, 2024, SunCar Technology Group Inc. appointed Mr. Tianshi Yang (?Mr. Yang?) as the Chief Strategy Officer (?CSO?) of the Company. As the CSO, Mr. Yang will be in charge of the Company?s capital market management, strategic investment, international financing, investor relation, among others. Mr. Tianshi Yang, aged 34, has more than 12 years of experience in finance, and investment in China, Hong Kong, and the U.S. as well as management experiences in three Nasdaq listed companies and a public company listed in the Stock Exchange of Hong Kong.

From June 2021 to September 2023, Mr. Yang has served as the chief financial officer of TD Holdings Inc., currently BAIYU Holdings Inc. From March 2020 to May 2021, Mr. Yang served as the director of investor relation in Aesthetic Medical International Holdings Group Limited. From January 2019 to February 2020, Mr. Yang served as the financial department director of Meten International Education Group Ltd. From May 2016 to October 2018, Mr. Yang served as the investment director of China First Capital Group. Mr. Yang has also served as an Auditor at Ernst & Young from September 2011 to September 2013.

Mr. Yang earned his Bachelor?s degree in Economics from Tianjin University of Finance and Economics in China in June 2011 and a Master?s degree in Financial Engineering from Brandeis University in Boston, U.S. in February 2016.