Management Change/Compensation Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 19, 2024, Yaser Ali resigned from his role as Chief Financial Officer of Microvast Holdings, Inc. (the "Company"), effective immediately. The Company has initiated a search process to identify qualified candidates for the Chief Financial Officer role.