IsZo Capital’s Director Candidates Issue Open Letter to Nam Tai’s Stakeholders in Mainland China

NEW YORK--(BUSINESS WIRE)--IsZo Capital Management LP (together with its affiliates, “IsZo”), which beneficially owns approximately 13% of the outstanding shares of Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”), today issued the below letter on behalf of its director nominees – Michael Cricenti, Cindy Chen Delano, Bo Hu, Leung Lin Cheong Louis (Louis Leung), Paula J. Poskon and Jeffrey Tuder – to the Company’s stakeholders in mainland China. As a reminder, IsZo is seeking shareholder support to elect Mr. Cricenti, Ms. Chen Delano, Mr. Hu, Mr. Leung, Ms. Poskon and Mr. Tuder to Nam Tai’s Board of Directors (the “Board”) at the court-ordered meeting of shareholders of Nam Tai scheduled to take place on April 26, 2021. IsZo is encouraging shareholders to vote on the GREEN Proxy Card to elect its full six-member slate.