On December 9, 2016, the board of directors of China United Insurance Service, Inc., through unanimous written consent, (i) approved a reduction in the number of directors constituting the Board from 5 to 3; and (ii) approved the resignation of Ms. Kuei Chiao Chen as a director and the resignation of Ms. Shu-Fen Lee as a Series A director of the Company. Ms. Chen and Ms. Lee both resigned for personal reasons.