Ebusco nominates Mr. Hou Fei as its new Chief Operating Officer

Deurne, the Netherlands - 11 January 2026 - Ebusco Holding N.V. (Euronext: EBUS) today announces the nomination of Mr. Hou Fei as its new Chief Operating Officer (COO), marking an important step in the further strengthening of Ebusco's operational leadership as the company enters its next phase of execution and growth.

As announced on 16 December 2025 in its pre-AGM business update, Ebusco enhanced its governance structure through the appointment of Mr. Hou Fei as a member-elect of the Management Board. Subject to shareholder approval, to be obtained at an Extraordinary General Meeting, Ebusco is pleased to confirm that Mr. Hou Fei will assume the role of Chief Operating Officer, succeeding Mr. Michel van Maanen.

Mr. Hou Fei will be based at Ebusco's head office in Deurne, the Netherlands. He brings deep international experience in large-scale production, industrial transformation and electric vehicle (EV) technology across both Original Equipment Manufacturer (OEM) and Original Equipment Designer (OED) business models. His background includes senior leadership roles at General Motors in the United States, at SAIC Motor joint ventures with both General Motors and Volkswagen, and, since 2016, at Gotion High-Tech Co., Ltd. in China. Most recently, Mr. Hou Fei served as Vice President at Gotion, where he was responsible for the company's Asia Pacific business, contributing to global expansion and operational excellence.

The appointment of Mr. Hou Fei reflects Ebusco's continued focus on execution, scalability and international partnership alignment. As the company advances into a new operational phase based on the OED model only, the COO role is evolving with a stronger emphasis on industrial performance, supply-chain robustness and close collaboration with Ebusco's strategic and international partners.

Mr. Van Maanen has decided to pursue another career opportunity and will become, starting 21 January 2026, the new Chief Executive Officer of EBS Public Transportation, a leading Dutch public transportation company and a long-standing client of Ebusco. To ensure a smooth and orderly transition, Mr. Van Maanen will continue to serve as a statutory director of Ebusco for a limited period, in a non-executive and advisory capacity only.

During his tenure, Mr. Van Maanen played a key role in Ebusco's operational restructuring and turnaround, including the successful transition back to an OED-oriented operating model and the associated organizational adjustments. Both the Management Board and the Supervisory Board express their sincere appreciation for his commitment and impact, and look forward to maintaining a constructive professional relationship going forward.

Peter Bijvelds, President of Ebusco, commented: "On behalf of the Management Board, I would like to sincerely thank Michel for his dedication and leadership during a pivotal period for Ebusco. His contribution to our operational restructuring and the transition back to an OED-oriented model has been instrumental in stabilizing and repositioning the company. At the same time, we are very pleased to welcome Hou Fei into the role of COO. His deep operational expertise, international experience and strong industrial background are an excellent fit for Ebusco's next phase, as we continue to strengthen execution, scalability and cooperation with our strategic partners."

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