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Cenntro to Participate at Upcoming Investor Conferences

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Cenntro Electric Group Limited (NASDAQ: CENN) announced participation in two investor conferences in August 2022. CEO Peter Wang and CFO Edmond Cheng will attend the J.P. Morgan Auto Conference on August 9-10 in New York, where they will present at 2:20 p.m. ET. The second event is the D.A. Davidson Big Sky Summit in Big Sky, MT, from August 21-23. The management team will hold one-on-one meetings with institutional investors at both conferences. Cenntro has sold over 3,700 electric vehicles across 25 countries as of December 31, 2021.

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FREEHOLD, N.J.--(BUSINESS WIRE)-- Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that Chief Executive Officer Peter Wang and Chief Financial Officer Edmond Cheng will participate in the following investor conferences during the month of August 2022:

J.P. Morgan Auto Conference
Date: August 9-10, 2022
Location: New York, NY
Format: Company presentation and investor 1x1’s
Company Presentation: August 9, 2022, at 2:20 p.m. US Eastern Time

D.A. Davidson Big Sky Summit
Date: August 21-23, 2022
Location: Big Sky, MT
Format: EV showcase and Investor 1x1’s

Management will be available for one-on-one meetings with institutional investors at the conferences. Portfolio managers and analysts who wish to request a meeting should contact their institutional sales representative at each sponsoring bank or you may also email your request to IR@cenntroauto.com.

About Cenntro Electric Group Ltd.

Cenntro Electric Group Ltd. (or "Cenntro") (NASDAQ: CENN) is a leading designer and manufacturer of electric light and medium-duty commercial vehicles. Cenntro’s purpose-built ECVs are designed to serve a variety of organizations in support of city services, last-mile delivery and other commercial applications. Cenntro plans to lead the transformation in the automotive industry through scalable, decentralized production, and smart driving solutions empowered by the Cenntro iChassis. As of December 31, 2021, Cenntro has sold or put into service more than 3,700 vehicles in over 25 countries across North America, Europe and Asia. For more information, please visit Cenntro’s website at: www.cenntroauto.com.

Forward-Looking Statements

This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as "may,'' "believe,'' "anticipate,'' "could,'' "should,'' "intend,'' "plan,'' "will,'' "aim(s),'' "can,'' "would,'' "expect(s),'' "estimate(s),'' "project(s),'' "forecast(s)'', "positioned,'' "approximately,'' "potential,'' "goal,'' "strategy,'' "outlook'' and similar expressions. Examples of forward-looking statements include, among other things, statements regarding assembly and distribution capabilities, decentralized production, and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management's current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro’s forward-looking statements, please see disclosures contained in Cenntro's public filings with the SEC, including the "Risk Factors" in Cenntro's Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 25, 2022 and which may be viewed at www.sec.gov.

Investor Relations Contact:

Chris Tyson

MZ North America

CENN@mzgroup.us

949-491-8235

Company Contact:

PR@cenntroauto.com

IR@cenntroauto.com

Source: Cenntro Electric Group Limited

FAQ

What investor conferences is Cenntro participating in August 2022?

Cenntro is participating in the J.P. Morgan Auto Conference on August 9-10 and the D.A. Davidson Big Sky Summit from August 21-23.

When is Cenntro's presentation at the J.P. Morgan Auto Conference?

Cenntro's presentation at the J.P. Morgan Auto Conference is scheduled for August 9, 2022, at 2:20 p.m. ET.

How many electric vehicles has Cenntro sold globally?

As of December 31, 2021, Cenntro has sold or put into service over 3,700 electric vehicles in more than 25 countries.

How can investors schedule meetings with Cenntro's management?

Investors can schedule one-on-one meetings with Cenntro's management through their institutional sales representative or by emailing IR@cenntroauto.com.

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