Change to Board of Directors

London, 10 June 2020 - 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 changes to its Board of Directors.

Shen Qian, who joined the Board following Tough Expert’s strategic investment in August 2019, has resigned as a Non-Executive Director of Global Switch.

With Shen Qian’s resignation, Wei Guo, Chief Financial Officer of Jiangsu Shagang Co Ltd (the company’s largest shareholder on a look through basis) has been nominated to the Board by Tough Expert Limited, the Company’s 24.01% shareholder. His appointment to the Board of Directors of Global Switch as a Non-Executive Director takes place with immediate effect.

As Chief Financial Officer of Shagang (a Fortune 500 company and the largest private steel company in China) Wei Guo is responsible for Shagang’s group accounting, financial management and tax planning. He has considerable experience in investment activities having participated in all the domestic and overseas mergers and acquisitions for Shagang. He is also an international business expert having led all the commercial contract negotiations of major equipment imported by Shagang. Wei Guo graduated from East China Institute of Metallurgy (Institute of Economics) and Nantong University (International Trade), and he holds both an Economist and Senior International Financial Manager certifications.

The Board and executive management would like to express its sincere gratitude to Shen Qian for his constructive and valuable contribution to the company and would like to warmly welcome Wei Guo to the Board and look forward to his participation and contribution as the Company continues to evolve and expand.

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