The board of directors of Ascletis Pharma Inc. announced that it received a letter of resignation from Dr. Ru Rong JI ("Dr. Ji") on June 30, 2020 resigning from his positions as an independent non-executive Director and a member of each of the remuneration committee and the nomination committee of the Board, with effect from June 30, 2020, to allow him to devote more time to his other personal commitments. The Board further announced that Mrs. Judy Hejingdao WU will replace Dr. Ji as a member of the remuneration committee of the Board, and Dr. Yizhen WEI will replace Dr. Ji as a member of the nomination committee of the Board, with effect from June 30, 2020.