Lisa Kelley Joins Quanergy Board

Industry veteran brings strategic vision to leading provider of LiDAR solutions

SUNNYVALE, Calif.–(BUSINESS WIRE)–Quanergy Systems, a leading provider of LiDAR sensors and smart 3D solutions, announced today that Lisa M. Kelley, an experienced finance and operations executive, has joined the company’s board of directors. Kelley brings to the board more than 25 years of success in the electronics, telecommunications, manufacturing and consumer goods industries.

As a member of Quanergy’s board, she will sit on the compensation and audit committees, leveraging her audit committee financial expertise as well as her background as a certified public accountant (CPA). In addition to being a CPA, Kelley has an MBA from the University of Wisconsin.

Currently, Kelley provides consulting, board governance and fractional CFO services. Her previous roles include vice president of global logistics operations and chief audit executive at AVNET, a Fortune 500 distributor of electronic components and services. She’s also held senior executive roles at Asurion, Brightpoint and Plexus Corp., with a track record of success in financial discipline, leadership, strategy, vision, growth, organizational restructuring, and alignment.

Lisa Kelley, member, board of directors, Quanergy Systems, Inc., said: “Quanergy’s innovative and leading technology, vision and growth stand out from the crowd. As a board member, I am ready to work with the strong leadership team to further the company’s upward trajectory and bring the power of 3D LiDAR to more organizations.”

Kevin J. Kennedy, CEO, Quanergy Systems, Inc., said: “Lisa’s extensive, well-diversified financial and management experience will be a valuable asset to our board. Her extensive work with publicly traded multi-national companies, combined with years of experience in SEC reporting and audit committees, makes her an ideal strategic partner for Quanergy as our company continues to grow.”

For more information, visit www.quanergy.com.

About Quanergy Systems, Inc.

Quanergy’s (NYSE: QNGY) mission is to create powerful, affordable smart LiDAR solutions for automotive and IoT applications to enhance people’s experiences and safety. Quanergy has developed the only true 100% solid-state CMOS LiDAR sensor built on optical phased array (OPA) technology to enable the mass production of low-cost, highly reliable 3D LiDAR solutions. Through Quanergy’s smart LiDAR solutions, businesses can now leverage real-time, advanced 3D insights to transform their operations in a variety of industries including industrial automation, physical security, smart cities, smart spaces and much more. Quanergy solutions are deployed by nearly 400 customers across the globe. For more information, please visit us at www.quanergy.com.