UP Fintech Holding Limited announced that Mr. Lei Huang was approved by the board of the company to serve as a director of the company, effective on November 23, 2020. He now serves as chief executive officer of US Tiger Securities, Inc; previously he has served as chief executive officer of Haitong Securities USA LLC, chief compliance officer & option manager of CICC US Securities, Inc, and regulatory supervisor of the National Association of Securities Dealers. Mr. Vincent Chun Hung Cheung has tendered his resignation as a director of the company for personal reasons and his resignation was effective on November 23, 2020. He remains CEO and Director of Tiger Brokers (NZ) Limited.