Global Switch further strengthens corporate governance with appointment of Independent Non-Executive Director

LONDON, 24 November 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 that Liew Fui Kiang has been appointed with immediate effect to the Board of Directors of Global Switch as an Independent Non-Executive Director.

Mr Liew is based in Hong Kong and he has over twenty-five years of experience in business management, strategic decision-making, board-level engagement and corporate governance through his directorships in listed companies and his legal career as a partner with major international law firms. His appointment will further support the execution of Global Switch’s strategic vision, organic development and continued expansion, as well as enhancing the Company’s commitment to best in class corporate governance standards. With his experience in corporate development, corporate finance, banking and project finance, and mergers and acquisitions, Mr Liew will deepen the Board’s expertise and bring an independent perspective to the Company. He will chair the Company’s Audit Committee. The initial term of his appointment is for three years.

Mr Liew currently serves as an independent non-executive director for China Apex Group Limited (2011.HK), an investment holding company; Zhengye International Holdings Limited (3363.HK), one of the largest paper-based packaging production enterprises in China; and Zhongchang International Holdings Group Limited (0859.HK), a real estate investment company. His prior non-executive directorships include Baoshan Iron & Steel Company Limited (600019.SH), a Fortune Global 500 company and the largest steel enterprise in China; and China Cloud Copper Company Limited (0033.HK). He was the Chairman and an Executive Director of PacRay International Holdings Limited (1010.HK), a technology and finance company.

Mr Liew is a fellow of the Hong Kong Institute of Directors. He was admitted as a solicitor in England and Wales in 1992 and in Hong Kong in 1993. He graduated in 1989 from the University of Leeds in the United Kingdom with a Bachelor of Laws as a Tetley & Lupton Scholar, and completed a Master of Business Administration in 1996 with Hull University Business School of the United Kingdom.

Following Mr Liew’s appointment, the Company’s Board will comprise seven members including He Chunsheng, Chairman, John Corcoran, Chief Executive Officer and David Doyle, Chief Financial Officer, and fellow Non-Executive Directors Nie Wei, Li Peng and Wei Guo. Global Switch operates under the governance of a Shareholders’ Agreement, to which the Company is a party, and which enshrines its future strategic direction as well as maintaining strong corporate governance and controls which enable the effective management and operation of the Company and to ensure ongoing compliance with the Company’s reporting obligations. With all parties’ consent the Shareholders’ Agreement has now been updated to facilitate the appointment of an independent non-executive director.

The Board and executive management would like to warmly welcome Mr Liew to the Board and look forward to his participation and contribution as the Company continues to evolve and expand.