ECARX Appoints Lone Fønss Schrøder as Chairperson

[Corporate Governance] ECARX announced the separation of the roles of Chairperson and CEO, appointing Lone Fønss Schrøder as Chairperson.

Core Development: Enhanced Governance Structure to Strengthen Global Strategy

Lone Fønss Schrøder assumes the role of Chairperson of ECARX effective immediately, while Shen Ziyu continues as CEO. This separation aims to clarify responsibilities and improve decision-making efficiency.

Key Credentials: Extensive Experience Driving Strategic Execution

Schrøder has served on the Board of Directors of Volvo Cars since 2010, holding the position of Deputy Chairperson for an extended period. She currently serves as Chairperson of Geely Sweden Holding AB, Director of Ingka Holding (the parent company of IKEA Group), and Chairperson of the Board of Ikano Bank.

Strategic Foundation: Accelerating European Expansion and Software-Defined Vehicle Transformation

She joined the ECARX Board on October 31, 2025, and this new appointment will enhance the company's influence in the European market, advancing the global implementation of its electrification, intelligent mobility, and AI strategies.