On June 23, 2021, the Board of Directors of Ebang International Holdings Inc. accepted Ms. Sufeng Wang’s resignation as a director of the Board and a member of the audit committee of the Board and appointed Mr. Yanqing Gao as an independent director of the Board and a member of the audit committee of the Board to fill the vacancy created by Ms. Sufeng Wang’s resignation. As of June 23, 2021, the Board consists of a majority of independent directors and the audit committee of the Board has three independent directors. Mr. Yanqing Gao has been a director of Zhejiang Jianxue Technology Co. Ltd. since November 2019, Jiangsu Mole Biotechnology Co. Ltd. since April 2016, Shanghai Xinfangxun Communication Technology Co. Ltd. since November 2015 and Hangzhou Kaipu Technology Co. Ltd. since September 2015. Mr. Gao has also been the deputy manager of Zhejiang Zheke Investment Management Co. Ltd. since May 2012. He was a director of Hangzhou Yuancheng Gardening Group Co. Ltd. from June 2013 to November 2018. He also served as a director and the chief financial officer of Zhejiang Tianyuan Biopharmaceutical Co. Ltd. from April 2007 to April 2012. Mr. Gao held various accounting positions with companies in China since 1990.