(Issued on July 12, 2024 as Decree of the Ministry of Foreign Affairs of the People’s Republic of China No.10, effective as of July 12, 2024)

Recently, the U.S. announced another arms sale to China’s Taiwan region. This seriously violates the one-China principle and the three China-U.S. Joint Communiqués, interferes in China’s internal affairs, and undermines China’s sovereignty and territorial integrity. Pursuant to Articles 3, 4, 5, 6, 9 and 15 of the Law of the People’s Republic of China on Countering Foreign Sanctions, China hereby decides to take countermeasures against the following U.S. military companies and senior executives:

For the six companies as listed in the attached List of Targets of Countermeasures, i.e., Anduril Industries, Maritime Tactical Systems, Pacific Rim Defense, AEVEX Aerospace, LKD Aerospace, and Summit Technologies Inc.:

Their movable and immovable properties, and other kinds of assets within China shall be frozen.

For the five senior executives as listed in the attached List of Targets of Countermeasures, i.e., Wahid Nawabi, Chairman, President and Chief Executive Officer, AeroVironment; Kevin McDonnell, Senior Vice President and Chief Financial Officer, AeroVironment; Brian William Schimpf, Chief Executive Officer, Anduril Industries; Matthew Marley Grimm, Chief Operating Officer, Anduril Industries; and Gregory Michael Kausner, Senior Vice President of Global Defense, Anduril Industries:

Their movable and immovable properties, and other kinds of assets within China shall be frozen.

All organizations and individuals within China shall be prohibited from engaging in transaction, cooperation and other activities with them.

They shall be denied visas or entry into China (including Hong Kong and Macao).

This decision shall come into force as of July 12, 2024.

Appendix: List of Targets of Countermeasures

Ministry of Foreign Affairs

July 12, 2024

Appendix

List of Targets of Countermeasures

I. Companies

1. Anduril Industries

2. Maritime Tactical Systems

3. Pacific Rim Defense

4. AEVEX Aerospace

5. LKD Aerospace

6. Summit Technologies Inc.

II. Senior Executives

1. Wahid Nawabi, male, Chairman, President and Chief Executive Officer, AeroVironment

2. Kevin McDonnell, male, Senior Vice President and Chief Financial Officer, AeroVironment

3. Brian William Schimpf, male, Chief Executive Officer, Anduril Industries

4. Matthew Marley Grimm, male, Chief Operating Officer, Anduril Industries

5. Gregory Michael Kausner, male, Senior Vice President of Global Defense, Anduril Industries