On August 4, 2021, the Board of Directors of ATIF Holdings Limited received the resignations from Mr. PiShan Chi as a director and Mr. Longdley Zephirin as an independent director, effective as of August 9, 2021. In addition, on August 4, 2021, the Board appointed Ms. Yue Ming, as a director. On August 4, 2021, the Board appointed Ms. Lei Yang as a member of the Board to fill the vacancy following the resignation of Mr. Zephirin.