ReneSola Power Appoints Himanshu H. Shah as Chairman of the Board

Yumin Liu, ReneSola Power's Director and Chief Executive Officer said, "We are very pleased to welcome Himanshu Shah as Chairman of our Board. Himanshu brings a unique combination of leadership ability, strategic vision, and strong drive for success further revitalizing our company."

"I appreciate our Board's trust and look forward to continue working with our management team in growing our pipeline and becoming more profitable." said Himanshu Shah.

Shah Capital is a long-term stakeholder and has over 22% ownership of ReneSola Power. Himanshu joined ReneSola Power as a Director in March 2022. Himanshu has opted to continue not receiving any compensation from the Company.

He is also the Executive Chairman of Marius Pharmaceuticals, and previously served on the Board of Directors of Vitamin Shoppe.

Himanshu brings over thirty years of experience in global capital markets and entrepreneurial business acumen. Over the years, he has successfully advised many Shah Capital portfolio companies on both pragmatic strategy and disciplined execution.