KEX Announces CEO Resignation and Appointment of Co-CEO

KEX Express (Thailand)Public Company Limited (KEX), the country's leading express deliveryprovider, announced to the Stock Exchange of Thailand that the companyhas acknowledged on 12 December 2024 the resignation of Mr. Alex Ng asChief Executive Officer and member of the Board of Directors. Mr. AlexNg's last day of service in the company will be on 31 January 2025.The Board of Directors has appointed Mr. Jiawei Zhang as Co-CEO,effective immediately and will assume the role of Chief Executive Officerstarting 1 February 2025, to work alongside Mr. Alex during the transitionperiod ending 31 January 2025. Mr. Jiawei has over 20 years of experiencein the express delivery business and has been an executive director since8 November 2024 when previously supporting the KEX management teamon implementations of business strategies in Thailand. Mr. Alex will providecounsel, guidance, and support to ensure a smooth handover and thecontinued delivery of high-quality services.The company expressed its gratitude to Mr. Alex for his exceptionalcontributions, including his leadership in establishing KEX as a publiccompany in 2020. His efforts elevated it to the position of Thailand'snumber-one express delivery brand, making it a well-recognized householdname in the sector.KEX remains committed to executing its business strategies and fosteringlong-term sustainable growth in Thailand and Southeast Asia.