CORRECTING and REPLACING World Economic Forum Welcomes Xunlei as a New Member

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WORLD ECONOMIC FORUM WELCOMES XUNLEI AS A NEW MEMBER

Xunlei Limited (Nasdaq: XNET) and its cloud computing subsidiary Shenzhen Onething Technologies Co., Ltd. (“Onething Technologies”) today announced that it has joined the World Economic Forum as a Forum Member.

The World Economic Forum is an international organization for public-private cooperation and designed to enable the development of good global governance that benefits business, government and civil society. The organization was founded in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. The Forum selects and engages with the foremost political, business and other leaders of society to shape global, regional and industry agendas.

“It is with great pleasure that the World Economic Forum welcomes Xunlei as a new member,” stated Olivier M. Schwab, Managing Director and Head of Business Engagement of the World Economic Forum. “Xunlei’s active participation is essential to achieve the Forum’s mission. We look forward to collaborating closely with the company.”

“We are honored to join the World Economic Forum and be part of this dynamic and influential global community,” said Mr. Lei Chen, CEO of Xunlei and Onething Technologies. “As a leader in shared computing and blockchain technology, Xunlei and Onething Technologies look forward to contributing our experience and working together with other members, including business, political and other leaders, to address the opportunities and challenges presented by societal and economic transformation.”

Mr. Lei Chen has been invited by the Forum to attending the Annual Meeting of the New Champions, which is often referred to as the "Summer Davos" held in Tianjin, China on September 18-20, 2018. He is invited to speak at the Closing Plenary on September 20, themed “Shaping China's Innovative Society in the Fourth Industrial Revolution”. Summer Davos is a leading global summit on innovation, science and technology, promoting entrepreneurship in the global public interest, and hosted by the World Economic Forum.

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