Quarterly CECO Newsletter to Business Partners – Q3 2023

Dear Business Partner,

ZTE believes that export compliance is of critical importance to sustainable business development, for us and for you as well. This newsletter describes the major efforts we have made in the third quarter of 2023 to ensure export control compliance. We believe these efforts will help manage export control compliance risks and promote the sound development of our business relationship.

In September, ZTE released the 2023-2024 Export Control Compliance Policy and 2023-2024 Export Control Compliance Management Commitment Statement on the company's official website. It is ZTE's policy to strictly comply with all applicable laws and regulations, including those on export control and economic sanctions. Under this policy, we aim to build a best-in-class export compliance program based on best practices in the industry. In the Management Commitment Statement, the company's management team has shown their full support for the export compliance program.

Moreover, we have kept enhancing the credibility of our compliance program. In this quarter, putting a focus on Asian countries, we visited customers in Uzbekistan, Japan, Bangladesh, Indonesia, the Philippines, Mongolia, Sri Lanka, Vietnam, etc. In a face-to-face way, we shared the company's achievements in compliance system building and cybersecurity in 2023, and exchanged ideas on the dynamic and complex changes in external regulations. The customers fully understood ZTE's progress and achievements in export control compliance, showing higher confidence in us.

In addition, ZTE successfully carried out 2023 annual compliance certification pursuant to the Superseding Settlement Agreement (SSA), with the joint efforts of the company's compliance teams, business units, and external law firms. Regarding the company's compliance with rules, fulfillment of obligations, and compliance system building in this certification period, all compliance teams and business units made full and transparent disclosures, and reasonable inquiries by the signatories of compliance certification were carried out effectively. On this basis, the document for the annual compliance certification was successfully signed and submitted, guaranteeing efficient operations of the compliance mechanism and effective fulfillment of compliance obligations.

Lastly, ZTE's 4th Multinational Corporation Trade Compliance Symposium is expected to be held in November 2023. With the aim of co-building a compliant business environment, ZTE will invite leaders of government authorities, renowned trade compliance professionals, and pioneers in corporate compliance, to share experience, practices, and insights into trade compliance and corporate export compliance system building. We look forward to discussing the latest trends and best practices in export compliance with you at the symposium.

Lawrence koh 许绍勤 Chief Export Compliance Officer 首席出口管制合规官 ZTE Corporation 中兴通讯股份有限公司 Lawrence.koh@zte.com.cn +65 84999511 (Singapore/新加坡) +86 15768250208 (China/中国)