On July 22, 2023, Shao Cheng (Will) Wang resigned from the Chief Financial Officer position of Genufood Energy Enzymes Corp., effective immediately. Shao Cheng (Will) Wang resigned due to his personal reasons and his resignation is not the result of any disagreement with the Company, the Board, or management, or any matter relating to the Company?s operations, policies or practices. On July 22, 2023, the Company?s board of directors (the ?Board?) appointed Kuang Ming (James) Tsai as the Company?s new Chief Financial Officer to fill the vacancy created by the resignation of Shao Cheng (Will) Wang, effective July 22, 2023.

Mr. Tsai has served as Chief Operating Officer since July 14, 2022, and has served as a director since June 11, 2018. Mr. Tsai served as President from June 29, 2018, to March 4, 2020, Chief Executive Officer from June 29, 2018, to March 18, 2020, and Chief Financial Officer from September 12, 2018, to March 18, 2020. From July 2017 to June 2018, Mr. Tsai served as the President of YAMA KAWA Bilingual Club, part of District 67 Toastmasters International.

From 2010 to 2017, Mr. Tsai was retired, during which period he was an investor of securities. From 2006 to 2010, he served as the President of Blanfield Pty Ltd., an import company. Mr. Tsai received a Bachelor of Arts Degree from National Taiwan University in 1973, majoring in Economics.