Moxian, Inc. announced that effective August 15, 2021, Ms. Wendy Wang Yingjie and Ms. Zhao Yahui resigned as members of the board of directors of Moxian Nevada. The resignations were for personal reasons and were not the result of any disagreement with Moxian Nevada, the management or the board. Mr. Forrest Deng Conglin and Ms. Jennifer Wang Panpan, members of the board of directors (the “Board”) of Moxian BVI prior to the reorganization will continue to serve as directors of the Company after the reorganization to fill the director positions that were initially designated to Ms. Wendy Wang Yingjie and Ms. Zhao Yahui. There are no relationships or related transactions between each of Ms. Wang and Mr. Deng and Moxian BVI that would be required to be reported under Section 404(a) of Regulation S-K. Jennifer Wang Panpan, an independent director, will serve as the chairperson of the Compensation Committee of the Board.