BEIJING, China — Luckin Coffee Inc. yesterday announced the re-appointment of Mr. Sean Shao as an independent director to its Board of Directors. The appointment was pursuant to the results of an extraordinary general meeting of shareholders (the “EGM”) held on September 2, 2020.
The Board currently consists of four independent directors, namely Mr. Yang Cha, Mr. Wai Yuen Chong, Mr. Feng Liu and Mr. Sean Shao, and three management directors, namely Mr. Wenbao Cao, Mr. Jinyi Guo and Mr. Gang Wu.
Following the conclusion of the EGM, Luckin Coffee held a Board meeting (the “Board Meeting”) on September 2, 2020.
Pursuant to the results of the Board Meeting, the Nominating and Corporate Governance Committee of the Board currently consists of Mr. Yang Cha, Mr. Wai Yuen Chong and Mr. Jinyi Guo, with Mr. Wai Yuen Chong serving as its chairman; the Audit Committee of the Board currently consists of four independent directors, namely Mr. Yang Cha, Mr. Wai Yuen Chong, Mr. Feng Liu and Mr. Sean Shao, with Mr. Feng Liu serving as its chairman; and the Compensation Committee of the Board currently consists of Mr. Yang Cha, Mr. Jinyi Guo, Mr. Feng Liu, Mr. Sean Shao and Mr. Gang Wu, with Mr. Sean Shao serving as its chairman.
