Seven Stars Cloud Appoints M. Chad Arroyo as Chief Marketing Officer

4/24/18

Seven Stars Cloud Group, Inc. (NASDAQ: SSC), announced today that as part of its overall growth strategy and intentions to expand and strengthen its US-based management team, the Company has hired Mr. M. Chad Arroyo as Chief Marketing Officer, effective immediately.

Mr. Arroyo, whose core experience includes technology strategy and project management leadership roles across small to large scale organizations in the public, private, and defense sectors, will report to Mr. Robert G. Benya, who became SSC's Chief Revenue Officer in October of 2017. Both roles are newly-created and showcase SSC's ongoing evolution as a company that prides itself on innovation and driving high-impact business outcomes for its partners, customers, clients and shareholders.

Mr. Arroyo will oversee the integrated product development, marketing and communication strategy to customers and partners, including orchestrating a seamless, customer experience across channels.

"Chad's passion for and expertise in marketing, global interoperability, advanced computing platforms and blockchain technology reflect the disruptive qualities that make him the ideal candidate to build the SSC brand and drive value across our ecosystem and partner network," said Mr. Benya. "Chad will be a key asset in SSC's mission to innovate on and smartly deliver SSC's product offerings in today's fast-paced and dynamic operating environment. It is a pleasure to bring Chad onto our senior management team."

Prior to joining Seven Stars Cloud, Mr. Arroyo worked as a Technology Strategy Consultant for Deloitte and during his 7 years of active duty service in the US Navy, he specialized in Defense telecommunications and enterprise software solutions. Mr. Arroyo earned his Bachelors of Science in Information Technology from the US Naval Academy and his MBA from the University of Notre Dame.

About Seven Stars Cloud Group, Inc. (http://www.sevenstarscloud.com/)

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