X0306 4 2019-03-05 0 0001650575 Borqs Technologies, Inc. BRQS 0001361181 NORWEST VENTURE PARTNERS X L P 525 UNIVERSITY AVENUE SUITE 800 PALO ALTO CA 94301 0 0 1 0 Ordinary Shares 2019-03-05 4 J 0 500000 D 3135740 D Shares were disposed via a pro-rata in-kind distribution of Issuer's Ordinary Shares from Norwest Venture Partners X, LP ("NVP X") to one of its limited partners. The securities shown on Line 1 of Table 1 represent securities held of record by NVP X. These securities also include 102,258 Ordinary Shares held in an escrow account in which NVP X may be entitled to receive. By virtue of their position as co-Chief Executive Officers of NVP Associates, LLC, the managing member of the general partner of NVP X, Jeffrey Crowe, Promod Haque and Jon E. Kossow may be deemed to share voting and dispositive power over the shares held by NVP X. Messers. Crowe, Haque and Kossow disclaim beneficial ownership of all such securities, except to the extent of any pecuniary interest therein. /s/ Matthew De Dominicis, Chief Financial Officer 2019-03-07