Angelalign Technology Inc. announced that Ms. LI Huamin ("Ms. Li"), an executive Director and the chief executive officer of the Company, has expressed her intention to devote more time to her personal commitments and family life and tendered to the Board her resignation as an executive Director, a member of the remuneration committee of the Company (the "Remuneration Committee") and the chief executive officer of the Company. Her resignation as an executive Director, a member of the Remuneration Committee and the chief executive officer of the Company will become effective on July 31, 2023. The Board announces that, Mr. HU Jiezhang ("Mr. Hu"), a non-executive Director, has been re-designated and appointed to be an executive Director, the chief executive officer and the chief technology officer of the Company with effect from July 31, 2023.

Mr. Hu, as an entrepreneur with technical background, has extensive experience in operating and managing large dental enterprise and deep insights in the dental industry. He was the founding chief executive officer of a leading dental enterprise in China and has successfully established a national distribution network in the dental industry covering a full portfolio of dental products, which empowers and improves the efficiency of the whole dental industry with digital technology. Mr. Hu also has rich knowledge in digital and emerging technologies such as software, computational algorithms and medical device materials as well as extensive experience in their industrial application and integration.

Before entering into the dental industry, Mr. Hu was a serial entrepreneur in information technology industry and had served as senior executive of a large information technology company for years providing innovative digital solutions for many local and international customers. In addition, Mr. Hu has served as a Director of the Company for years. He is familiar with the Company's business and development strategies and has been a trusted advisor to the management team.

Mr. HU Jiezhang, aged 48, will serve as an executive Director, the chief executive officer and the chief technology officer of the Company with effect from July 31, 2023. Prior to his re-designation and appointment, Mr. Hu joined the Company in December 2020 and has served as a non-executive Director since then. He also serves as a director of certain subsidiaries of the Company, including Wuxi EA Medical Instruments Technologies Limited ("Wuxi EA"), the major operating entity of the Group in China, and Angelalign Technology Pte.

Ltd. ("Angelalign SG"). Mr. Hu has served as a venture partner and managing director of CareCapital Advisors Limited, a global healthcare investment firm focusing on quality-of-life healthcare with oral care as a core focus, since January 2018. Mr. Hu has been a director and chief executive officer of Shanghai CareCapital Dental Devices Co.

Ltd. ), a leading distribution group of dental products based in China, since 2020. He will then resign as the chief executive officer of Shanghai CareCapital Dental Devices Co. Ltd. and will act as its non-executive chairman such that he can devote his time to the development of the Company.

Prior to that, Mr. Hu was a vice president at Zoom Commerce Ltd. from June 2016 to January 2018. Mr. Hu also served as a vice president at Beyondsoft Corporation, a company listed on the Shenzhen Stock Exchange (stock code: 002649), from December 2012 to May 2016. Mr. Hu also worked for several other companies, including served as a vice president at Achievo Information Technology (Shenzhen) Co.

Ltd. from May 2007 to November 2012, as a general manager at Guangzhou Jie'ao Computer Technology Co. Ltd. from February 2003 to April 2007, as a technical director at Zoom Commerce Ltd. from November 1999 to January 2003. Mr. Hu graduated from Nanjing University with a bachelor's degree in applied physics in July 1995.

The Board also announces that Ms. Li will cease to be a member of the Remuneration Committee and Mr. Hu will be appointed as a member of the Remuneration Committee, both with effect from July 31, 2023. Accordingly, members of the Remuneration Committee will then be changed to the following: Mr. HAN Xiaojing (chairman), Mr. HUANG Kun, Mr. HU Jiezhang, Mr. SHI Zi and Mr. ZHOU Hao.