NetEase, Inc. announced that its board of directors has appointed Ms. Grace Hui Tang as a new independent director, effective as of July 1, 2022. As a result of this appointment, the Company's board of directors will consist of six members, five of whom are independent and two of whom are female. Ms. Tang will also serve as the chairperson of the audit, compensation and nominating committees of the board as well as a member of the board's environmental, social and governance committee.

With these appointments and certain other changes to such committees which are effective as of July 1, 2022, the committees will be comprised of the following independent directors: Audit Committee: Grace Hui Tang (chair), Alice Cheng and Joseph Tong; Compensation Committee: Grace Hui Tang (chair), Alice Cheng and Joseph Tong; Nominating Committee: Grace Hui Tang (chair), Alice Cheng and Joseph Tong. Environmental, Social and Governance Committee: Alice Cheng (chair), Grace Hui Tang and Joseph Tong; Ms. Tang worked at PricewaterhouseCoopers for more than 30 years, including approximately 19 years as an audit partner in Hong Kong and Chinese mainland, until her retirement in 2020. At PricewaterhouseCoopers, Ms. Tang was responsible for the audits of numerous public and private companies in Hong Kong, Chinese mainland and other jurisdictions.

Since 2009, she has also been a professor at the Guanghua School of Management of Peking University where she teaches courses on accounting and auditing for the graduate school of the accounting department and on career development. In addition, Ms. Tang serves as an independent director of Textainer Group Holdings Ltd., Brii Biosciences Ltd. and Elkem ASA. Ms. Tang received a bachelor's degree in accounting from the University of Utah and an MBA degree from Utah State University.