Wu Yang

SEC source: 0000947871-26-000618 · ownership.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 134,065,439

F1 · price: Represents shares of the Issuer's common stock sold by the Reporting Person in a "sell to cover" transaction to cover tax withholding obligations in connection with the settlement of restricted stock units granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan.

SEC source: 0000947871-26-000591 · ownership.xml · derivative · entry 4

Wu Yang · CIK 0001874005 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 26,000,000 shares

Expires 2026-05-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Pursuant to the Loan and Security Agreement, dated as of May 28, 2024, by and among the Issuer, Microvast, Inc., each direct or indirect subsidiary of the Issuer that is or may from time to time become a party thereto, the Reporting Person, and Acquiom Agency Services LLC (the "Loan Agreement"), the Reporting Person made available to the Issuer an initial term loan in the amount of $12,000,000 and a delayed draw term loan in the amount of $13,000,000. Pursuant to the Loan Agreement, the Reporting Person has the right to convert the outstanding principal balance of the loans issued thereunder, in whole or in part, in increments of $100,000 into shares of common stock, par value $0.0001 per share, of the Issuer ("Common Stock") at an initial conversion rate equal to two shares of Common Stock per $1.00 of principal to be converted. The Reporting Person has exercised this conversion right in full, converting the entire $25,000,000 principal balance into 50,000,000 shares of Common Stock.

SEC source: 0000947871-26-000591 · ownership.xml · derivative · entry 3

Wu Yang · CIK 0001874005 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 24,000,000 shares

Expires 2026-05-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Pursuant to the Loan and Security Agreement, dated as of May 28, 2024, by and among the Issuer, Microvast, Inc., each direct or indirect subsidiary of the Issuer that is or may from time to time become a party thereto, the Reporting Person, and Acquiom Agency Services LLC (the "Loan Agreement"), the Reporting Person made available to the Issuer an initial term loan in the amount of $12,000,000 and a delayed draw term loan in the amount of $13,000,000. Pursuant to the Loan Agreement, the Reporting Person has the right to convert the outstanding principal balance of the loans issued thereunder, in whole or in part, in increments of $100,000 into shares of common stock, par value $0.0001 per share, of the Issuer ("Common Stock") at an initial conversion rate equal to two shares of Common Stock per $1.00 of principal to be converted. The Reporting Person has exercised this conversion right in full, converting the entire $25,000,000 principal balance into 50,000,000 shares of Common Stock.

SEC source: 0000947871-26-000591 · ownership.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 134,111,752

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Pursuant to the Loan and Security Agreement, dated as of May 28, 2024, by and among the Issuer, Microvast, Inc., each direct or indirect subsidiary of the Issuer that is or may from time to time become a party thereto, the Reporting Person, and Acquiom Agency Services LLC (the "Loan Agreement"), the Reporting Person made available to the Issuer an initial term loan in the amount of $12,000,000 and a delayed draw term loan in the amount of $13,000,000. Pursuant to the Loan Agreement, the Reporting Person has the right to convert the outstanding principal balance of the loans issued thereunder, in whole or in part, in increments of $100,000 into shares of common stock, par value $0.0001 per share, of the Issuer ("Common Stock") at an initial conversion rate equal to two shares of Common Stock per $1.00 of principal to be converted. The Reporting Person has exercised this conversion right in full, converting the entire $25,000,000 principal balance into 50,000,000 shares of Common Stock.

SEC source: 0000947871-26-000247 · ownership.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 84,111,752

F1 · price: Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Compensation Committee of the Board of Directors of the Issuer on March 13, 2026 based on achievement of the applicable performance conditions over the applicable performance period.

SEC source: 0000947871-25-000591 · ownership.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 84,018,617

F1 · price: Represents restricted stock units granted under the Microvast Holdings, Inc. 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest in equal installments on each of June 5, 2026, 2027 and 2028, respectively.

SEC source: 0000947871-25-000078 · ownership.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chairman & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 83,568,036

F1 · price: Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Compensation Committee of the Board of Directors of the Issuer on January 23, 2023 based on achievement of the applicable performance conditions over the applicable performance period.

SEC source: 0000947871-24-000994 · ownership.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chairman & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 83,536,953

F1 · price: Represents restricted stock units granted under the Microvast Holdings, Inc. 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common. The restricted stock units were fully vested at grant.

SEC source: 0000947871-24-000953 · ownership.xml · derivative · entry 3

Wu Yang · CIK 0001874005 · Director · Chairman & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,000,000

Underlying: Common Stock · 26,000,000 shares

Expires 2025-11-28

F1 · security: Pursuant to the Loan and Security Agreement, dated as of May 28, 2024, by and among the Issuer, Microvast, Inc., each direct or indirect subsidiary of the Issuer that is or may, from time to time, become a party thereto, the Reporting Person and Acquiom Agency Services LLC (the "Loan Agreement"), the Reporting Person made available to the Issuer an initial term loan in the amount of $12,000,000 and a delayed draw term loan in the amount of $13,000,000. Pursuant to the Loan Agreement, the Reporting Person has the right to convert the outstanding principal balance of the loans issued thereunder, in whole or in part, in increments of $100,000 into shares of common stock, par value $0.0001 per share, of the Issuer ("Common Stock") at an initial conversion rate equal to two shares of Common Stock per $1.00 of principal to be converted.

SEC source: 0000947871-24-000953 · ownership.xml · derivative · entry 2

Wu Yang · CIK 0001874005 · Director · Chairman & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,500,000

Underlying: Common Stock · 5,500,000 shares

Expires 2029-05-28

F2 · security: In connection with its entry into the Loan Agreement, the Issuer issued to the Reporting Person a warrant to purchase shares of Common Stock that was immediately exercisable, in whole or in part, in increments of 100,000 shares of Common Stock.

SEC source: 0000947871-24-000953 · ownership.xml · derivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chairman & CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,000,000

Underlying: Common Stock · 24,000,000 shares

Expires 2025-11-28

F1 · security: Pursuant to the Loan and Security Agreement, dated as of May 28, 2024, by and among the Issuer, Microvast, Inc., each direct or indirect subsidiary of the Issuer that is or may, from time to time, become a party thereto, the Reporting Person and Acquiom Agency Services LLC (the "Loan Agreement"), the Reporting Person made available to the Issuer an initial term loan in the amount of $12,000,000 and a delayed draw term loan in the amount of $13,000,000. Pursuant to the Loan Agreement, the Reporting Person has the right to convert the outstanding principal balance of the loans issued thereunder, in whole or in part, in increments of $100,000 into shares of common stock, par value $0.0001 per share, of the Issuer ("Common Stock") at an initial conversion rate equal to two shares of Common Stock per $1.00 of principal to be converted.

SEC source: 0001874937-22-000003 · primary_doc.xml · nonDerivative · entry 3

Wu Yang · CIK 0001874005 · Director · Chairman, President & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · by son (shares reporting person's household)

Disclosed balance after: 1,000,000

F2 · kind: This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares fore purposes of Section 16 or any other purpose. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.

SEC source: 0001874937-22-000003 · primary_doc.xml · nonDerivative · entry 2

Wu Yang · CIK 0001874005 · Director · Chairman, President & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,036,953

F2 · kind: This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares fore purposes of Section 16 or any other purpose. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.

SEC source: 0001874937-22-000003 · primary_doc.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · Chairman, President & CEO · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,036,953

F1 · kind: This transaction involved a gift of securities by the reporting person to his daughter. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.

SEC source: 0000947871-21-000811 · ownership.xml · derivative · entry 2

Wu Yang · CIK 0001874005 · Director · CEO, COB, Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,823,694

Underlying: Class A Common Stock · 8,823,694 shares

Expires not disclosed

F2 · derivative.exercise_price: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F3 · kind: Received in connection with the Merger and pursuant to the terms of the Merger Agreement.

F2 · price: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F2 · derivative.exercise_date: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F2 · derivative.expiration_date: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

SEC source: 0000947871-21-000811 · ownership.xml · nonDerivative · entry 1

Wu Yang · CIK 0001874005 · Director · CEO, COB, Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,036,953

F1 · price: Received in exchange for 530,582 shares of common stock of Microvast, Inc. ("Microvast") in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger by and between Tuscan Holdings Corp. ("Tuscan Holdings"), TSCN Merger Sub Inc. and Microvast, dated February 1, 2021 (the "Merger Agreement"), including the renaming of Tuscan Holdings to the Issuer (the "Merger"). On the effective date of the Merger, the closing price of the Issuer's Class A Common Stock was $10.00.

SEC source: 0000947871-21-000822 · ownership.xml · derivative · entry 1

Wu Yang · CIK 0001874005 · Director · CEO, COB, Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,098,757

Underlying: Class A Common Stock · 8,098,757 shares

Expires not disclosed

F1 · derivative.exercise_price: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F2 · kind: Received in connection with the Merger and pursuant to the terms of the Merger Agreement.

F3 · shares: The original Form 4, filed on July 26, 2021, is amended by this Form 4 amendment solely to correct an error in reporting the number of shares of Class A Common Stock the Reporting Person is entitled to receive pursuant to and upon achievement of the earnout provisions in the Merger Agreement.

F1 · price: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F1 · derivative.exercise_date: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F1 · derivative.expiration_date: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F3 · derivative.underlying_shares: The original Form 4, filed on July 26, 2021, is amended by this Form 4 amendment solely to correct an error in reporting the number of shares of Class A Common Stock the Reporting Person is entitled to receive pursuant to and upon achievement of the earnout provisions in the Merger Agreement.

F3 · balance_after: The original Form 4, filed on July 26, 2021, is amended by this Form 4 amendment solely to correct an error in reporting the number of shares of Class A Common Stock the Reporting Person is entitled to receive pursuant to and upon achievement of the earnout provisions in the Merger Agreement.