Wisdom Sports Group announced that Mr. Lee Kin Fai has tendered his resignation as an independent non-executive Director with effect from 30 April 2024 due to his decision to devote more time to his other business commitments. APPOINTMENT OF DIRECTORS: Particulars of the new executive Directors and independent non-executive Director are set out below: Executive Directors: Mr. Chang Haisong: Mr. Chang Haisong ("Mr. Chang"), aged 42, completed his EMBA programme at Cheung Kong Graduate School of Business in September 2018. Mr. Chang is highly knowledgeable in finance, securities trading, equity investment, and mergers and acquisitions with over ten years of experience.

Ms. Wang Jie: Ms. Wang Jie ("Ms. Wang"), aged 44, holds a bachelor's degree in administrative management from the East China University of Science and Technology's Online Education College. With extensive experience in educational management and human resources, Ms. Wang excels in organizational planning, talent development, and team management. Ms. Zhang Jingjing Ms. Zhang Jingjing ("Ms. Zhang"), aged 40, graduated from China University of Geosciences (Wuhan) in 2012 with a major in accounting through online education.

Ms. Zhang is skilled in human resource planning and has several years of work experience in the property, real estate, and cultural industries. Independent non-executive Director Ms. Leung Hiu Man: Ms. Leung Hiu Man ("Ms. Leung"), aged 38, graduated from the University of Gloucestershire in 2013 with a BA (Hons) degree in Accounting and Financial Management studies. She has over 10 years of accounting work experience.

CHANGE IN COMPOSITION OF THE BOARD COMMITTEES: With effect from 30 April 2024, the composition of the Board committees has been changed as follows: Audit Committee: Mr. Lee Kin Fai has resigned as a member of the audit committee of the Company. Ms. Leung, independent non-executive Director, has been appointed as a member of the Audit Committee. Nomination Committee Mr. Lee has resigned as a member of the nomination committee of the Company (the "Nomination Committee").

Ms. Leung, independent non-executive Director, has been appointed as a member of the Nomination Committee.